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 | |
|---|---|---|---|---|---|---|
951
PUT
International Paper
IP
$21.7B
| $41.8M | 0.01% |
1,087,997
+654,826
| +151% | +$23.1M |
|
952
SLB Ltd
SLB
$79.1B
| $41.6M | 0.01% |
2,675,029
+208,604
| +8% | +$3.88M |
|
953
PUT
L3Harris
LHX
$48.8B
| $41.6M | 0.01% |
244,700
-35,300
| -13% | -$6.19M |
|
954
CALL
Perrigo
PRGO
$2.01B
| $41.5M | 0.01% |
905,000
+191,700
| +27% | +$10M |
|
955
Illumina
ILMN
$34B
| $41.5M | 0.01% |
137,875
+24,745
| +22% | +$8.53M |
|
|
RSX
956
PUT
DELISTED
VanEck Russia ETF
RSX
| $41.3M | 0.01% |
1,971,700
+415,100
| +27% | +$9.14M |
|
957
CALL
Agnico Eagle Mines
AEM
$113B
| $41.3M | 0.01% |
518,800
+8,000
| +2% | +$612K |
|
|
PLAN
958
CALL
DELISTED
Anaplan, Inc.
PLAN
| $41.2M | 0.01% |
659,000
+87,000
| +15% | +$4.48M |
|
959
CALL
The Mosaic Company
MOS
$7.72B
| $41.2M | 0.01% |
2,255,200
+969,600
| +75% | +$15.8M |
|
960
PUT
iShares MSCI ACWI ETF
ACWI
$33.3B
| $41.1M | 0.01% |
514,500
-136,700
| -21% | -$10.8M |
|
961
PUT
Moody's
MCO
$88.9B
| $41.1M | 0.01% |
141,800
+30,300
| +27% | +$8.65M |
|
962
PUT
Realty Income
O
$59.5B
| $41.1M | 0.01% |
698,148
+106,606
| +18% | +$6.3M |
|
963
CALL
Occidental Petroleum
OXY
$58.4B
| $41.1M | 0.01% |
4,104,600
-3,888,200
| -49% | -$54.8M |
|
|
FISV
964
PUT
Fiserv Inc
FISV
$27.9B
| $41.1M | 0.01% |
398,500
+103,100
| +35% | +$10.3M |
|
|
DISH
965
PUT
DELISTED
DISH Network Corp.
DISH
| $41.1M | 0.01% |
1,414,100
-487,500
| -26% | -$16.1M |
|
966
CALL
Cencora
COR
$62.6B
| $41M | 0.01% |
423,200
+233,800
| +123% | +$23.2M |
|
967
Teva Pharmaceuticals
TEVA
$44.4B
| $40.6M | 0.01% |
4,502,894
-3,136,484
| -41% | -$33.2M |
|
968
CALL
Estee Lauder
EL
$37.9B
| $40.6M | 0.01% |
185,800
-87,100
| -32% | -$17.9M |
|
|
STMP
969
CALL
DELISTED
Stamps.com, Inc.
STMP
| $40.5M | 0.01% |
168,200
-67,000
| -28% | -$16M |
|
|
BBBY
970
PUT
DELISTED
Bed Bath & Beyond Inc
BBBY
| $40.5M | 0.01% |
2,703,100
-619,300
| -19% | -$7.16M |
|
971
CALL
Travelers Companies
TRV
$77.1B
| $40.5M | 0.01% |
374,100
-224,800
| -38% | -$25.8M |
|
972
CALL
Rio Tinto
RIO
$174B
| $40.4M | 0.01% |
668,600
-484,800
| -42% | -$29.7M |
|
973
PUT
NovoCure
NVCR
$2.05B
| $40.3M | 0.01% |
361,600
-130,400
| -27% | -$10.4M |
|
974
PUT
AB InBev
BUD
$155B
| $40.2M | 0.01% |
746,700
-409,000
| -35% | -$22.7M |
|
975
CALL
Cloudflare
NET
$98.8B
| $40.2M | 0.01% |
979,500
+478,100
| +95% | +$18.3M |
|
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.