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 | |
|---|---|---|---|---|---|---|
926
PUT
Planet Fitness
PLNT
$3.97B
| $40.7M | 0.01% |
671,200
+187,700
| +39% | +$11.3M |
|
|
XIFR
927
CALL
XPLR Infrastructure LP
XIFR
$1.1B
| $40.5M | 0.01% |
789,700
-57,300
| -7% | -$2.78M |
|
928
PUT
American Electric Power
AEP
$66.8B
| $40.5M | 0.01% |
508,300
+17,300
| +4% | +$1.41M |
|
929
PUT
Whirlpool
WHR
$2.65B
| $40.5M | 0.01% |
312,400
+111,100
| +55% | +$12.7M |
|
930
CALL
Archer Daniels Midland
ADM
$38.2B
| $40.4M | 0.01% |
1,012,800
-138,400
| -12% | -$5.18M |
|
931
Occidental Petroleum
OXY
$58.4B
| $40.4M | 0.01% |
2,208,023
-637,569
| -22% | -$10M |
|
932
PUT
Kinder Morgan
KMI
$68.9B
| $40.4M | 0.01% |
2,662,500
+61,400
| +2% | +$933K |
|
933
CALL
Scotiabank
BNS
$113B
| $40.4M | 0.01% |
979,100
+927,400
| +1,794% | +$37M |
|
934
UnitedHealth
UNH
$356B
| $40.4M | 0.01% |
136,862
-186,147
| -58% | -$53.3M |
|
935
NetEase
NTES
$82.5B
| $40.2M | 0.01% |
468,580
+372,195
| +386% | +$28M |
|
936
PUT
US Bancorp
USB
$97.2B
| $40.1M | 0.01% |
1,090,200
+67,200
| +7% | +$2.39M |
|
|
NKLA
937
DELISTED
Nikola Corporation Common Stock
NKLA
| $39.9M | 0.01% |
+19,695
| New | +$19M |
|
938
CALL
O'Reilly Automotive
ORLY
$73.1B
| $39.8M | 0.01% |
1,417,500
-946,500
| -40% | -$24.7M |
|
939
Western Digital
WDC
$163B
| $39.8M | 0.01% |
1,192,740
+441,455
| +59% | +$14.3M |
|
940
CALL
Akamai
AKAM
$15.2B
| $39.7M | 0.01% |
370,300
+166,800
| +82% | +$16.8M |
|
941
CALL
Aflac
AFL
$58.2B
| $39.6M | 0.01% |
1,099,600
-163,300
| -13% | -$5.9M |
|
|
942
CALL
Whirlpool
WHR
$2.65B
| $39.6M | 0.01% |
305,600
-72,200
| -19% | -$8.26M |
|
943
CALL
Exelon
EXC
$45.7B
| $39.5M | 0.01% |
1,525,656
-539,350
| -26% | -$14.3M |
|
944
PUT
iShares Semiconductor ETF
SOXX
$41.9B
| $39.5M | 0.01% |
437,100
-149,700
| -26% | -$12.1M |
|
945
CALL
Perrigo
PRGO
$2.01B
| $39.4M | 0.01% |
713,300
+512,900
| +256% | +$27M |
|
946
Thermo Fisher Scientific
TMO
$232B
| $39.2M | 0.01% |
108,313
+43,967
| +68% | +$14.7M |
|
|
AMTD
947
DELISTED
TD Ameritrade Holding Corp
AMTD
| $39.2M | 0.01% |
1,077,939
-45,957
| -4% | -$1.73M |
|
948
Moderna
MRNA
$63.4B
| $39.2M | 0.01% |
609,980
+268,354
| +79% | +$14.7M |
|
949
CALL
Equifax
EFX
$22.5B
| $39.1M | 0.01% |
227,700
+66,900
| +42% | +$9.91M |
|
950
CALL
HP
HPQ
$27B
| $39.1M | 0.01% |
2,243,100
-39,600
| -2% | -$629K |
|
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.