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 | |
|---|---|---|---|---|---|---|
901
Vertex Pharmaceuticals
VRTX
$140B
| $43.1M | 0.01% |
148,312
+77,971
| +111% | +$21.1M |
|
902
PUT
Advance Auto Parts
AAP
$2.63B
| $43M | 0.01% |
301,900
+44,200
| +17% | +$5.62M |
|
|
JOYY
903
CALL
JOYY Inc
JOYY
$3.78B
| $43M | 0.01% |
485,600
+250,100
| +106% | +$16.7M |
|
904
Marathon Petroleum
MPC
$99.7B
| $42.8M | 0.01% |
1,145,573
+407,461
| +55% | +$13.1M |
|
905
PUT
Air Products & Chemicals
APD
$67.7B
| $42.8M | 0.01% |
177,300
+146,000
| +466% | +$33.3M |
|
|
HES
906
CALL
DELISTED
Hess
HES
| $42.7M | 0.01% |
824,900
-447,900
| -35% | -$20.5M |
|
907
PUT
Credit Acceptance
CACC
$6.27B
| $42.7M | 0.01% |
101,900
+32,100
| +46% | +$11.2M |
|
908
PUT
Burlington
BURL
$19.8B
| $42.7M | 0.01% |
216,600
+51,400
| +31% | +$9.68M |
|
909
CALL
Petrobras
PBR
$115B
| $42.2M | 0.01% |
5,102,200
-1,957,900
| -28% | -$14.2M |
|
|
ACB
910
PUT
Aurora Cannabis
ACB
$254M
| $42.2M | 0.01% |
339,510
+317,318
| +1,430% | +$36.1M |
|
911
CALL
Seagate
STX
$186B
| $41.9M | 0.01% |
866,400
-70,000
| -7% | -$3.51M |
|
912
CALL
iShares Semiconductor ETF
SOXX
$41.9B
| $41.8M | 0.01% |
463,500
+175,500
| +61% | +$14.2M |
|
|
CHX
913
DELISTED
ChampionX
CHX
| $41.8M | 0.01% |
4,281,275
+4,135,647
| +2,840% | +$37.9M |
|
|
CTXS
914
CALL
DELISTED
Citrix Systems Inc
CTXS
| $41.6M | 0.01% |
281,000
-212,300
| -43% | -$30.5M |
|
|
NVTA
915
DELISTED
Invitae Corporation
NVTA
| $41.5M | 0.01% |
1,371,135
+733,303
| +115% | +$12.8M |
|
916
CALL
Viatris
VTRS
$19.2B
| $41.5M | 0.01% |
2,581,300
-2,700
| -0.1% | -$43.8K |
|
|
SAFM
917
PUT
DELISTED
Sanderson Farms Inc
SAFM
| $41.5M | 0.01% |
357,900
+114,800
| +47% | +$14.8M |
|
918
Atlassian
TEAM
$42.1B
| $41.2M | 0.01% |
228,570
+156,231
| +216% | +$25.9M |
|
919
PUT
CSX Corp
CSX
$95.4B
| $41.1M | 0.01% |
1,768,500
-211,800
| -11% | -$4.69M |
|
|
SCHW
920
CALL
Charles Schwab
SCHW
$194B
| $41.1M | 0.01% |
1,217,400
-93,400
| -7% | -$3.35M |
|
921
CALL
L3Harris
LHX
$48.8B
| $41M | 0.01% |
241,400
+32,800
| +16% | +$6.16M |
|
922
PUT
Weibo
WB
$1.75B
| $40.8M | 0.01% |
1,215,000
-110,200
| -8% | -$3.78M |
|
923
PUT
PPG Industries
PPG
$25.3B
| $40.8M | 0.01% |
384,800
-1,000
| -0.3% | -$96.3K |
|
924
Macy's
M
$5.94B
| $40.8M | 0.01% |
5,924,838
+2,552,530
| +76% | +$15.7M |
|
925
Illumina
ILMN
$34B
| $40.8M | 0.01% |
113,130
-17,495
| -13% | -$5.63M |
|
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.