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 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$6.39B |
| 2 |
iShares Russell 2000 ETF
IWM
|
+$565M |
| 3 |
Citigroup
C
|
+$429M |
| 4 |
United States Oil Fund
USO
|
+$386M |
| 5 |
iShares MSCI EAFE ETF
EFA
|
+$378M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Amazon
AMZN
|
+$946M |
| 2 |
Alphabet (Google) Class A
GOOGL
|
+$771M |
| 3 |
Alibaba
BABA
|
+$626M |
| 4 |
Tesla
TSLA
|
+$505M |
| 5 |
iShares 20+ Year Treasury Bond ETF
TLT
|
+$421M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 2.01% |
| 2 | Communication Services | 1.39% |
| 3 | Financials | 0.98% |
| 4 | Consumer Discretionary | 0.94% |
| 5 | Healthcare | 0.91% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
926
PUT
Stryker
SYK
$126B
| $30.2M | 0.01% |
181,100
+91,400
| +102% | +$17.9M |
|
927
CALL
Vale
VALE
$64B
| $30.1M | 0.01% |
3,627,100
+2,189,500
| +152% | +$23.8M |
|
928
Palo Alto Networks
PANW
$286B
| $30.1M | 0.01% |
1,100,094
+355,944
| +48% | +$12.4M |
|
929
JPMorgan Chase
JPM
$947B
| $30.1M | 0.01% |
333,840
-1,675,544
| -83% | -$204M |
|
|
SAFM
930
PUT
DELISTED
Sanderson Farms Inc
SAFM
| $30M | 0.01% |
243,100
+217,300
| +842% | +$30.3M |
|
931
CALL
State Street SPDR S&P Regional Banking ETF
KRE
$4.06B
| $30M | 0.01% |
919,100
-961,600
| -51% | -$47.1M |
|
|
IRBT
932
PUT
DELISTED
iRobot
IRBT
| $29.9M | 0.01% |
732,200
-292,800
| -29% | -$14M |
|
933
CALL
Carvana
CVNA
$79.5B
| $29.9M | 0.01% |
2,713,000
+223,000
| +9% | +$3.45M |
|
934
State Street Health Care Select Sector SPDR ETF
XLV
$45.4B
| $29.9M | 0.01% |
337,375
+250,151
| +287% | +$24.3M |
|
935
CALL
Credit Acceptance
CACC
$6.26B
| $29.9M | 0.01% |
116,800
+77,300
| +196% | +$31.2M |
|
936
PUT
Novartis
NVS
$300B
| $29.9M | 0.01% |
362,200
-46,600
| -11% | -$4.16M |
|
937
PUT
BioMarin Pharmaceuticals
BMRN
$12.6B
| $29.8M | 0.01% |
353,200
-162,600
| -32% | -$14M |
|
938
CALL
Chewy
CHWY
$10B
| $29.8M | 0.01% |
796,000
-582,300
| -42% | -$17.1M |
|
939
PUT
Dropbox
DBX
$7.58B
| $29.8M | 0.01% |
1,648,600
+285,800
| +21% | +$5.2M |
|
940
State Street SPDR Nuveen ICE Municipal Bond ETF
TFI
$3.1B
| $29.7M | 0.01% |
+594,286
| New | +$30.2M |
|
941
Boston Scientific
BSX
$71B
| $29.5M | 0.01% |
905,216
+562,132
| +164% | +$22M |
|
942
PUT
Invesco CurrencyShares British Pound Sterling Trust
FXB
$65.5M
| $29.5M | 0.01% |
244,500
-45,700
| -16% | -$5.66M |
|
943
PUT
Zebra Technologies
ZBRA
$17.2B
| $29.3M | 0.01% |
159,600
-148,600
| -48% | -$33.4M |
|
|
FL
944
CALL
DELISTED
Foot Locker
FL
| $29.3M | 0.01% |
1,328,500
-430,000
| -24% | -$14.6M |
|
945
Zoom
ZM
$30.7B
| $29.3M | 0.01% |
200,460
-72,812
| -27% | -$7.18M |
|
|
HES
946
PUT
DELISTED
Hess
HES
| $29.3M | 0.01% |
879,100
-7,300
| -0.8% | -$395K |
|
947
CALL
Cencora
COR
$61.8B
| $29.1M | 0.01% |
328,600
+119,900
| +57% | +$10.6M |
|
948
CALL
Parker-Hannifin
PH
$128B
| $29M | 0.01% |
223,400
+164,400
| +279% | +$29.8M |
|
949
CALL
FirstEnergy
FE
$26.9B
| $28.9M | 0.01% |
721,800
+166,000
| +30% | +$7.71M |
|
950
Marvell Technology
MRVL
$206B
| $28.8M | 0.01% |
1,270,701
-828,403
| -39% | -$19.9M |
|
Similar funds
Jeff Yass's Q1 2020 Portfolio in Review
As of Q1 2020, Jeff Yass held 11,456 positions worth $314B, down 9.5% from $347B the previous quarter. Its ten largest holdings account for 30% of the portfolio.
Jeff Yass deployed $31.5B of net new capital in Q1 2020, opening 1,843 new positions and adding to 4,539 existing holdings. Its largest new stake was Invesco DB US Dollar Index Bullish Fund: 8,692,802 shares worth $233M.
By sector, the portfolio is most concentrated in Technology at 2% of assets, down from 2.2% a quarter earlier, followed by Communication Services and Financials.
On the sell side, the largest reduction was Amazon, an estimated $946M trimmed.
- Jeff Yass's largest Q1 2020 buy was Invesco DB US Dollar Index Bullish Fund: 8,692,802 shares worth $233M.
- Jeff Yass added most to State Street SPDR S&P 500 ETF Trust in Q1 2020, an estimated $6.39B increase.
- Jeff Yass's biggest Q1 2020 reduction was Amazon, cutting an estimated $946M.
- Jeff Yass fully exited Medicines Co in Q1 2020, selling an estimated $92M.
- Jeff Yass's ten largest holdings make up 30% of its $314B portfolio in Q1 2020.
- Jeff Yass opened 1,843 new positions and closed 1,300 in Q1 2020.
- Jeff Yass's portfolio value fell 9.5% quarter-over-quarter to $314B.
Based on Susquehanna International Group's 13F filing for Q1 2020, filed 15 May 2020.