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 | |
|---|---|---|---|---|---|---|
951
CALL
Global Payments
GPN
$24.8B
| $39.1M | 0.01% |
230,400
-40,000
| -15% | -$6.66M |
|
952
CALL
Charles River Laboratories
CRL
$14.2B
| $39.1M | 0.01% |
224,100
+82,300
| +58% | +$13.1M |
|
953
CALL
American Electric Power
AEP
$66.8B
| $39M | 0.01% |
490,000
-293,000
| -37% | -$23.9M |
|
|
KSU
954
PUT
DELISTED
Kansas City Southern
KSU
| $39M | 0.01% |
261,300
-500
| -0.2% | -$70.3K |
|
955
CALL
Cracker Barrel
CBRL
$1.3B
| $39M | 0.01% |
351,700
-187,800
| -35% | -$18.6M |
|
956
CALL
KKR & Co
KKR
$96.6B
| $39M | 0.01% |
1,263,000
-223,900
| -15% | -$6.02M |
|
957
PUT
Ventas
VTR
$48.1B
| $38.9M | 0.01% |
1,063,500
+786,900
| +284% | +$26M |
|
958
Mercado Libre
MELI
$101B
| $38.8M | 0.01% |
39,363
-193,609
| -83% | -$145M |
|
959
CALL
Vanguard FTSE Emerging Markets ETF
VWO
$126B
| $38.8M | 0.01% |
974,400
+301,700
| +45% | +$11.2M |
|
960
PUT
Wheaton Precious Metals
WPM
$74.4B
| $38.8M | 0.01% |
879,700
+354,300
| +67% | +$13.9M |
|
961
PUT
W.W. Grainger
GWW
$61.3B
| $38.6M | 0.01% |
123,000
-12,900
| -9% | -$3.73M |
|
962
CALL
Ross Stores
ROST
$77.4B
| $38.5M | 0.01% |
451,700
+198,300
| +78% | +$18M |
|
963
PUT
BioMarin Pharmaceuticals
BMRN
$12.8B
| $38.5M | 0.01% |
312,100
-41,100
| -12% | -$4.08M |
|
964
PUT
Trip.com Group
TCOM
$29B
| $38.4M | 0.01% |
1,483,300
-386,500
| -21% | -$9.74M |
|
965
CALL
Boston Beer
SAM
$1.95B
| $38.4M | 0.01% |
71,600
+6,000
| +9% | +$2.91M |
|
966
State Street SPDR S&P Oil & Gas Exploration & Production ETF
XOP
$3.72B
| $38.4M | 0.01% |
735,930
-541,389
| -42% | -$27.3M |
|
|
967
Wheaton Precious Metals
WPM
$74.4B
| $38.3M | 0.01% |
870,400
+354,431
| +69% | +$13.9M |
|
968
CALL
US Bancorp
USB
$97.2B
| $38.2M | 0.01% |
1,036,900
-685,900
| -40% | -$24.4M |
|
969
CALL
Toronto Dominion Bank
TD
$197B
| $38M | 0.01% |
852,500
+376,900
| +79% | +$16M |
|
970
PUT
GSK
GSK
$104B
| $37.9M | 0.01% |
743,920
+213,360
| +40% | +$10.9M |
|
971
BP
BP
$110B
| $37.8M | 0.01% |
1,621,935
+327,820
| +25% | +$7.87M |
|
972
PUT
Lennar Class A
LEN
$21.1B
| $37.8M | 0.01% |
633,642
+157,945
| +33% | +$8.07M |
|
973
First Majestic Silver
AG
$10.5B
| $37.8M | 0.01% |
3,794,735
+1,894,532
| +100% | +$16.1M |
|
974
PUT
Stryker
SYK
$127B
| $37.7M | 0.01% |
209,400
+28,300
| +16% | +$5.22M |
|
975
Home Depot
HD
$337B
| $37.7M | 0.01% |
150,611
+73,410
| +95% | +$16.8M |
|
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.