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 |
Apple
AAPL
|
+$2.66B |
| 2 |
Amazon
AMZN
|
+$421M |
| 3 |
Citigroup
C
|
+$386M |
| 4 |
Wells Fargo
WFC
|
+$288M |
| 5 |
iShares iBoxx $ Investment Grade Corporate Bond ETF
LQD
|
+$287M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Invesco QQQ Trust
QQQ
|
+$3.18B |
| 2 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$2.45B |
| 3 |
iShares Russell 2000 ETF
IWM
|
+$1.45B |
| 4 |
Alphabet (Google) Class A
GOOGL
|
+$533M |
| 5 |
Berkshire Hathaway Class B
BRK.B
|
+$503M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 1.99% |
| 2 | Consumer Discretionary | 1.08% |
| 3 | Financials | 1% |
| 4 | Communication Services | 0.82% |
| 5 | Healthcare | 0.76% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
876
Rocket Companies
RKT
$40.5B
| $47.4M | 0.01% |
+2,380,800
| New | +$55.5M |
|
|
CGC
877
CALL
Canopy Growth
CGC
$481M
| $47.4M | 0.01% |
331,280
-54,380
| -14% | -$9.12M |
|
878
PUT
KLA
KLAC
$240B
| $47.4M | 0.01% |
2,446,000
+512,000
| +26% | +$10.1M |
|
|
IMMU
879
PUT
DELISTED
Immunomedics Inc
IMMU
| $47.4M | 0.01% |
557,300
-7,000
| -1% | -$354K |
|
880
Marathon Petroleum
MPC
$99.7B
| $47.4M | 0.01% |
1,614,386
+468,813
| +41% | +$16.5M |
|
881
CALL
Sysco
SYY
$40B
| $47.3M | 0.01% |
760,000
-87,300
| -10% | -$5.08M |
|
882
CALL
VanEck Oil Services ETF
OIH
$1.93B
| $47.3M | 0.01% |
483,900
-962,700
| -67% | -$118M |
|
883
PUT
TripAdvisor
TRIP
$1.18B
| $47.2M | 0.01% |
2,411,800
+1,190,100
| +97% | +$25M |
|
884
CALL
AGNC Investment
AGNC
$12.9B
| $47.2M | 0.01% |
3,391,000
+735,200
| +28% | +$10.1M |
|
885
CALL
EOG Resources
EOG
$77B
| $47.1M | 0.01% |
1,311,000
-843,200
| -39% | -$37.8M |
|
886
PUT
HSBC
HSBC
$358B
| $47M | 0.01% |
2,401,300
+178,500
| +8% | +$3.91M |
|
887
ServiceNow
NOW
$131B
| $47M | 0.01% |
484,030
+429,415
| +786% | +$38.4M |
|
888
PUT
Shake Shack
SHAK
$2.99B
| $46.8M | 0.01% |
726,500
+176,300
| +32% | +$10.2M |
|
889
Carnival Corporation Ltd
CCL
$35.8B
| $46.8M | 0.01% |
3,085,705
+2,324,942
| +306% | +$35.9M |
|
890
Medtronic
MDT
$117B
| $46.7M | 0.01% |
449,065
-135,159
| -23% | -$13.6M |
|
891
CALL
American International
AIG
$39.9B
| $46.6M | 0.01% |
1,693,400
-283,800
| -14% | -$8.46M |
|
892
CALL
Xtrackers Harvest CSI 300 China A-Shares ETF
ASHR
$1.55B
| $46.5M | 0.01% |
1,348,100
-117,100
| -8% | -$4.02M |
|
893
CALL
iShares 7-10 Year Treasury Bond ETF
IEF
$43.2B
| $46.5M | 0.01% |
381,500
+242,700
| +175% | +$29.6M |
|
894
Clorox
CLX
$12.7B
| $46.4M | 0.01% |
220,870
+219,429
| +15,228% | +$48.9M |
|
895
PUT
Dollar Tree
DLTR
$25.8B
| $46.3M | 0.01% |
506,500
-27,100
| -5% | -$2.55M |
|
896
CALL
International Paper
IP
$21.7B
| $46.1M | 0.01% |
1,200,883
-853,882
| -42% | -$30.1M |
|
897
CALL
Kroger
KR
$35.8B
| $46.1M | 0.01% |
1,358,800
-1,368,100
| -50% | -$47.3M |
|
|
IRBT
898
PUT
DELISTED
iRobot
IRBT
| $46.1M | 0.01% |
606,900
+40,600
| +7% | +$3.13M |
|
899
PUT
Agnico Eagle Mines
AEM
$113B
| $46M | 0.01% |
577,600
-150,000
| -21% | -$11.5M |
|
900
Halliburton
HAL
$28.2B
| $46M | 0.01% |
3,815,969
-781,278
| -17% | -$11.3M |
|
Similar funds
Jeff Yass's Q3 2020 Portfolio in Review
As of Q3 2020, Jeff Yass held 11,604 positions worth $522B, up 26% from $415B the previous quarter. Its ten largest holdings account for 34% of the portfolio.
Jeff Yass deployed $36.2B of net new capital in Q3 2020, opening 1,567 new positions and adding to 4,405 existing holdings. Its largest new stake was iShares iBoxx $ Investment Grade Corporate Bond ETF: 2,104,687 shares worth $284M.
By sector, the portfolio is most concentrated in Technology at 2% of assets, up from 1.6% a quarter earlier, followed by Consumer Discretionary and Financials.
On the sell side, the largest reduction was Invesco QQQ Trust, an estimated $3.18B trimmed.
- Jeff Yass's largest Q3 2020 buy was iShares iBoxx $ Investment Grade Corporate Bond ETF: 2,104,687 shares worth $284M.
- Jeff Yass added most to Apple in Q3 2020, an estimated $2.66B increase.
- Jeff Yass's biggest Q3 2020 reduction was Invesco QQQ Trust, cutting an estimated $3.18B.
- Jeff Yass fully exited Vanguard Short-Term Corporate Bond ETF in Q3 2020, selling an estimated $34.1M.
- Jeff Yass's ten largest holdings make up 34% of its $522B portfolio in Q3 2020.
- Jeff Yass opened 1,567 new positions and closed 1,138 in Q3 2020.
- Jeff Yass's portfolio value rose 26% quarter-over-quarter to $522B.
Based on Susquehanna International Group's 13F filing for Q3 2020, filed 16 Nov 2020.