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 | |
|---|---|---|---|---|---|---|
|
PPL
926
CALL
PPL Corp
PPL
$26.3B
| $44.3M | 0.01% |
1,627,100
-398,500
| -20% | -$10.7M |
|
927
PUT
Fidelity National Information Services
FIS
$20.9B
| $44.2M | 0.01% |
300,300
+20,200
| +7% | +$2.92M |
|
928
PUT
Alerian MLP ETF
AMLP
$13.2B
| $44.2M | 0.01% |
2,212,000
-114,100
| -5% | -$2.64M |
|
929
CALL
Prologis
PLD
$136B
| $44M | 0.01% |
437,000
+70,000
| +19% | +$7.01M |
|
|
RDFN
930
CALL
DELISTED
Redfin
RDFN
| $43.8M | 0.01% |
877,800
+273,500
| +45% | +$12.1M |
|
931
PG&E
PCG
$40.4B
| $43.7M | 0.01% |
4,652,062
-3,737,730
| -45% | -$34.6M |
|
932
CALL
QuidelOrtho
QDEL
$1.03B
| $43.5M | 0.01% |
198,300
+114,600
| +137% | +$25.6M |
|
933
PUT
Enterprise Products Partners
EPD
$82.6B
| $43.3M | 0.01% |
2,740,900
+135,700
| +5% | +$2.38M |
|
934
EOG Resources
EOG
$77B
| $43.3M | 0.01% |
1,203,562
+742,102
| +161% | +$33.3M |
|
935
PUT
Advance Auto Parts
AAP
$2.63B
| $43.2M | 0.01% |
281,500
-20,400
| -7% | -$3.07M |
|
936
PUT
Logitech
LOGI
$14.1B
| $43.2M | 0.01% |
558,700
+292,700
| +110% | +$20.9M |
|
937
CALL
ProShares Ultra Bloomberg Crude Oil
UCO
$375M
| $43.1M | 0.01% |
6,064,400
+3,513,200
| +138% | +$27.1M |
|
938
CALL
Southern Company
SO
$103B
| $43.1M | 0.01% |
795,000
-175,600
| -18% | -$9.38M |
|
939
PUT
McCormick & Company Non-Voting
MKC
$14.6B
| $42.9M | 0.01% |
441,800
+345,000
| +356% | +$33.8M |
|
940
PUT
Kroger
KR
$35.8B
| $42.8M | 0.01% |
1,260,800
-379,600
| -23% | -$13.1M |
|
941
CALL
Ross Stores
ROST
$77.4B
| $42.7M | 0.01% |
458,000
+6,300
| +1% | +$565K |
|
942
PUT
Seagate
STX
$186B
| $42.7M | 0.01% |
867,300
-163,800
| -16% | -$7.7M |
|
|
CGC
943
Canopy Growth
CGC
$481M
| $42.6M | 0.01% |
297,636
+221,060
| +289% | +$37.1M |
|
944
PUT
Rio Tinto
RIO
$174B
| $42.4M | 0.01% |
702,300
+284,600
| +68% | +$17.5M |
|
945
CALL
Aon
AON
$75.3B
| $42.3M | 0.01% |
205,000
+99,600
| +94% | +$19.9M |
|
946
CALL
Akamai
AKAM
$15.2B
| $42.3M | 0.01% |
382,400
+12,100
| +3% | +$1.34M |
|
947
CALL
New Oriental
EDU
$9.08B
| $42M | 0.01% |
280,700
-162,800
| -37% | -$23.5M |
|
948
PUT
Analog Devices
ADI
$181B
| $41.9M | 0.01% |
359,000
+72,100
| +25% | +$8.44M |
|
949
Sea Limited
SE
$75.4B
| $41.9M | 0.01% |
271,779
-13,462
| -5% | -$1.82M |
|
950
CALL
Alnylam Pharmaceuticals
ALNY
$32.1B
| $41.8M | 0.01% |
287,200
-49,700
| -15% | -$7.06M |
|
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.