Jeff Yass Susquehanna International Group
Jeff Yass is a co-founder of Susquehanna International Group (SIG), a major global trading and market-making firm. SIG is known for options expertise, quantitative trading, and a training culture grounded in probabilistic decision-making. Yass’s firm is influential across derivatives markets even though it is less of a traditional long-only stock-picking franchise.
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
Invesco QQQ Trust
QQQ
|
+$2.33B |
| 2 |
iShares Russell 2000 ETF
IWM
|
+$1.22B |
| 3 |
JPMorgan Chase
JPM
|
+$761M |
| 4 |
Bank of America
BAC
|
+$427M |
| 5 |
Alibaba
BABA
|
+$327M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$2.49B |
| 2 |
Apple
AAPL
|
+$1.26B |
| 3 |
Microsoft
MSFT
|
+$685M |
| 4 |
Tesla
TSLA
|
+$478M |
| 5 |
Netflix
NFLX
|
+$297M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 1.62% |
| 2 | Communication Services | 1.38% |
| 3 | Financials | 1.25% |
| 4 | Consumer Discretionary | 1.12% |
| 5 | Healthcare | 0.92% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
851
CALL
Pan American Silver
PAAS
$22.2B
| $47.3M | 0.01% |
1,556,900
+306,000
| +24% | +$7.26M |
|
852
CALL
Lennar Class A
LEN
$21.1B
| $47.2M | 0.01% |
791,485
+115,283
| +17% | +$5.89M |
|
|
STMP
853
PUT
DELISTED
Stamps.com, Inc.
STMP
| $47.1M | 0.01% |
256,400
+44,500
| +21% | +$7.61M |
|
|
DFS
854
PUT
DELISTED
Discover Financial Services
DFS
| $47.1M | 0.01% |
940,200
+148,000
| +19% | +$6.51M |
|
855
PUT
Elastic
ESTC
$8.4B
| $47M | 0.01% |
509,400
+215,100
| +73% | +$15.7M |
|
|
GAP
856
CALL
The Gap Inc
GAP
$7.26B
| $46.9M | 0.01% |
3,718,300
+2,240,200
| +152% | +$20.2M |
|
857
Vanguard Long-Term Bond ETF
BLV
$5.77B
| $46.9M | 0.01% |
420,126
+381,598
| +990% | +$41.7M |
|
858
CALL
State Street SPDR S&P Retail ETF
XRT
$325M
| $46.9M | 0.01% |
1,093,200
-13,800
| -1% | -$524K |
|
859
PUT
CoStar Group
CSGP
$13.3B
| $46.8M | 0.01% |
658,000
+277,000
| +73% | +$17.9M |
|
860
PUT
ConocoPhillips
COP
$159B
| $46.7M | 0.01% |
1,111,800
-198,200
| -15% | -$8.02M |
|
861
Palo Alto Networks
PANW
$280B
| $46.7M | 0.01% |
1,219,974
+119,880
| +11% | +$4.22M |
|
862
PUT
TJX Companies
TJX
$155B
| $46.6M | 0.01% |
922,400
+205,300
| +29% | +$10.3M |
|
863
PUT
Agnico Eagle Mines
AEM
$113B
| $46.6M | 0.01% |
727,600
-95,200
| -12% | -$5.64M |
|
864
Peloton Interactive
PTON
$2.38B
| $46.6M | 0.01% |
806,313
+791,929
| +5,506% | +$32.8M |
|
|
FISV
865
CALL
Fiserv Inc
FISV
$28.1B
| $46.6M | 0.01% |
476,900
-245,000
| -34% | -$24.7M |
|
866
PUT
Cummins
CMI
$78.5B
| $46.4M | 0.01% |
267,900
-226,100
| -46% | -$36.1M |
|
867
PUT
Lumen
LUMN
$5.94B
| $46.4M | 0.01% |
4,623,800
+791,700
| +21% | +$7.92M |
|
868
CALL
Bath & Body Works
BBWI
$3.65B
| $46.4M | 0.01% |
3,831,979
+1,428,488
| +59% | +$15.9M |
|
869
CALL
Sysco
SYY
$40B
| $46.3M | 0.01% |
847,300
+181,300
| +27% | +$9.53M |
|
870
Norwegian Cruise Line
NCLH
$7.93B
| $46.3M | 0.01% |
2,816,250
+2,388,199
| +558% | +$35M |
|
871
CALL
Allstate
ALL
$65.2B
| $46.1M | 0.01% |
474,800
-127,400
| -21% | -$12.5M |
|
872
CALL
PENN Entertainment
PENN
$2.44B
| $46M | 0.01% |
1,507,700
+995,900
| +195% | +$22.8M |
|
873
CALL
Labcorp
LH
$27.2B
| $46M | 0.01% |
322,428
-30,846
| -9% | -$4.27M |
|
874
Amgen
AMGN
$240B
| $46M | 0.01% |
194,900
-53,046
| -21% | -$12.1M |
|
875
PUT
McKesson
MCK
$104B
| $45.9M | 0.01% |
299,500
-189,000
| -39% | -$27.3M |
|
Similar funds
Jeff Yass's Q2 2020 Portfolio in Review
As of Q2 2020, Jeff Yass held 11,586 positions worth $415B, up 32% from $314B the previous quarter. Its ten largest holdings account for 30% of the portfolio.
Jeff Yass's Q2 2020 filing shows 1,443 new, 4,471 increased, 4,026 reduced and 1,558 closed positions. Its largest new stake was VelocityShares 3x Long Natural Gas ETN linked to the S&P GSCI Natural Gas Index ER due February 9, 2: 1,220,649 shares worth $12.4M. The largest sale was State Street SPDR S&P 500 ETF Trust, an estimated $2.49B.
By sector, the portfolio is most concentrated in Technology at 1.6% of assets, down from 2% a quarter earlier, followed by Communication Services and Financials.
- Jeff Yass's largest Q2 2020 buy was VelocityShares 3x Long Natural Gas ETN linked to the S&P GSCI Natural Gas Index ER due February 9, 2: 1,220,649 shares worth $12.4M.
- Jeff Yass added most to Invesco QQQ Trust in Q2 2020, an estimated $2.33B increase.
- Jeff Yass's biggest Q2 2020 reduction was State Street SPDR S&P 500 ETF Trust, cutting an estimated $2.49B.
- Jeff Yass fully exited iPath Series B S&P 500 VIX Short-Term Futures ETN in Q2 2020, selling an estimated $119M.
- Jeff Yass's ten largest holdings make up 30% of its $415B portfolio in Q2 2020.
- Jeff Yass opened 1,443 new positions and closed 1,558 in Q2 2020.
- Jeff Yass's portfolio value rose 32% quarter-over-quarter to $415B.
Based on Susquehanna International Group's 13F filing for Q2 2020, filed 14 Aug 2020.