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 | Miscellaneous | 92.99% |
| 2 | Technology | 1.99% |
| 3 | Consumer Discretionary | 1.08% |
| 4 | Financials | 1% |
| 5 | Communication Services | 0.82% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
9201
PUT
AtriCure
ATRC
$2.51B
| $227K | ﹤0.01% |
5,700
+200
| +4% | +$8.48K |
|
9202
CALL
Donnelley Financial Solutions
DFIN
$1.18B
| $227K | ﹤0.01% |
+17,000
| New | +$176K |
|
9203
Research Frontiers
REFR
$16.9M
| $227K | ﹤0.01% |
84,148
+37,025
| +79% | +$107K |
|
9204
PUT
Sabra Healthcare REIT
SBRA
$5.29B
| $227K | ﹤0.01% |
16,300
-65,500
| -80% | -$962K |
|
|
SLNO
9205
CALL
DELISTED
Soleno Therapeutics
SLNO
| $227K | ﹤0.01% |
6,033
-5,114
| -46% | -$149K |
|
9206
Vital Farms
VITL
$448M
| $227K | ﹤0.01% |
+5,606
| New | +$212K |
|
9207
PUT
Werner Enterprises
WERN
$2.31B
| $227K | ﹤0.01% |
5,400
-28,300
| -84% | -$1.25M |
|
|
CDK
9208
PUT
DELISTED
CDK Global, Inc.
CDK
| $227K | ﹤0.01% |
5,200
-17,200
| -77% | -$765K |
|
|
MSGN
9209
DELISTED
MSG Networks Inc.
MSGN
| $227K | ﹤0.01% |
+23,723
| New | +$239K |
|
|
FFG
9210
CALL
DELISTED
FBL Financial Group
FFG
| $227K | ﹤0.01% |
+4,700
| New | +$187K |
|
9211
PUT
BioLife Solutions
BLFS
$1.82B
| $226K | ﹤0.01% |
+7,800
| New | +$168K |
|
9212
Badger Meter
BMI
$4B
| $226K | ﹤0.01% |
3,460
-9,264
| -73% | -$592K |
|
9213
CALL
Digimarc Corp
DMRC
$140M
| $226K | ﹤0.01% |
+10,100
| New | +$159K |
|
9214
PUT
HUB Group
HUBG
$2.44B
| $226K | ﹤0.01% |
9,000
-19,800
| -69% | -$512K |
|
9215
NBT Bancorp
NBTB
$2.67B
| $226K | ﹤0.01% |
+8,414
| New | +$250K |
|
|
SRDX
9216
PUT
DELISTED
Surmodics
SRDX
| $226K | ﹤0.01% |
5,800
+800
| +16% | +$35.1K |
|
9217
PUT
Turkcell
TKC
$4.7B
| $226K | ﹤0.01% |
47,200
+23,700
| +101% | +$124K |
|
9218
TechTarget
TTGT
$283M
| $226K | ﹤0.01% |
5,132
-15,451
| -75% | -$583K |
|
9219
PUT
United Microelectronic
UMC
$47.8B
| $226K | ﹤0.01% |
+47,200
| New | +$175K |
|
|
BMTC
9220
DELISTED
Bryn Mawr Bank Corp
BMTC
| $226K | ﹤0.01% |
+9,105
| New | +$243K |
|
9221
CALL
Quince Therapeutics
QNCX
$33.1M
| $225K | ﹤0.01% |
+23
| New | +$209K |
|
9222
Televisa
TV
$1.45B
| $225K | ﹤0.01% |
36,345
-2,896
| -7% | -$17.6K |
|
|
CHU
9223
DELISTED
China Unicom (HONG KONG) Limited
CHU
| $225K | ﹤0.01% |
+34,338
| New | +$225K |
|
|
GREK
9224
CALL
Global X MSCI Greece ETF
GREK
$344M
| $224K | ﹤0.01% |
11,200
-4,300
| -28% | -$87.4K |
|
9225
PUT
Liquidity Services
LQDT
$1.31B
| $224K | ﹤0.01% |
30,000
-1,000
| -3% | -$6.58K |
|
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's Q3 2020 filing shows 1,567 new, 4,405 increased, 4,403 reduced and 1,138 closed positions. Its largest new stake was iShares iBoxx $ Investment Grade Corporate Bond ETF: 2,104,687 shares worth $284M. The largest sale was Invesco QQQ Trust, an estimated $3.18B.
By sector, the portfolio is most concentrated in Miscellaneous at 93% of assets, up from 92% a quarter earlier, followed by Technology and Consumer Discretionary.
- 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.