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 | |
|---|---|---|---|---|---|---|
976
Moderna
MRNA
$63.4B
| $40.2M | 0.01% |
568,064
-41,916
| -7% | -$2.92M |
|
977
PUT
Xtrackers Harvest CSI 300 China A-Shares ETF
ASHR
$1.55B
| $40.1M | 0.01% |
1,163,500
-548,200
| -32% | -$18.8M |
|
|
STMP
978
PUT
DELISTED
Stamps.com, Inc.
STMP
| $40M | 0.01% |
166,200
-90,200
| -35% | -$21.5M |
|
979
CALL
Tandem Diabetes Care
TNDM
$1.5B
| $40M | 0.01% |
352,500
+83,000
| +31% | +$8.72M |
|
980
PUT
iShares MSCI South Korea ETF
EWY
$28B
| $39.9M | 0.01% |
610,300
-354,200
| -37% | -$22.2M |
|
981
ProShares UltraPro QQQ
TQQQ
$35.4B
| $39.8M | 0.01% |
2,432,440
+1,589,304
| +188% | +$25.1M |
|
982
PUT
Stanley Black & Decker
SWK
$14.9B
| $39.8M | 0.01% |
245,200
+14,800
| +6% | +$2.3M |
|
983
Macy's
M
$5.94B
| $39.8M | 0.01% |
6,976,815
+1,051,977
| +18% | +$7.01M |
|
|
BHVN
984
CALL
DELISTED
Biohaven Pharmaceutical Holding Company Ltd.
BHVN
| $39.6M | 0.01% |
608,900
-10,900
| -2% | -$714K |
|
985
Palo Alto Networks
PANW
$277B
| $39.6M | 0.01% |
969,792
-250,182
| -21% | -$10.4M |
|
986
PUT
International Flavors & Fragrances
IFF
$22.2B
| $39.4M | 0.01% |
321,500
+211,800
| +193% | +$26.4M |
|
987
CALL
Cintas
CTAS
$81.9B
| $39.3M | 0.01% |
472,400
+224,800
| +91% | +$17.3M |
|
988
MGM Resorts International
MGM
$10.9B
| $39.3M | 0.01% |
1,804,586
-2,858,416
| -61% | -$56.7M |
|
989
PUT
HP
HPQ
$27B
| $39.2M | 0.01% |
2,065,700
+1,286,200
| +165% | +$23.5M |
|
990
FedEx
FDX
$79B
| $39.2M | 0.01% |
155,835
-294,397
| -65% | -$58.9M |
|
|
NXH
991
Neighborhood Intelligence Inc
NXH
$388M
| $39.2M | 0.01% |
592,947
-11,196
| -2% | -$763K |
|
992
PUT
Kohl's
KSS
$2B
| $39.1M | 0.01% |
2,109,000
+408,200
| +24% | +$8.64M |
|
993
PUT
Trip.com Group
TCOM
$29B
| $39M | 0.01% |
1,251,600
-231,700
| -16% | -$6.58M |
|
994
PUT
Novartis
NVS
$304B
| $39M | 0.01% |
448,000
+104,900
| +31% | +$9.09M |
|
|
995
PUT
Macy's
M
$5.94B
| $38.9M | 0.01% |
6,820,400
-990,500
| -13% | -$6.6M |
|
996
PUT
Energy Transfer Partners
ET
$72.4B
| $38.9M | 0.01% |
7,170,100
-625,100
| -8% | -$3.97M |
|
997
CALL
General Dynamics
GD
$102B
| $38.8M | 0.01% |
280,300
-106,400
| -28% | -$15.7M |
|
|
LSXMK
998
DELISTED
Liberty Media Corporation Series C Liberty SiriusXM Common Stock
LSXMK
| $38.8M | 0.01% |
1,513,701
-196,724
| -12% | -$5.33M |
|
999
PUT
Kinder Morgan
KMI
$68.9B
| $38.7M | 0.01% |
3,135,100
+472,600
| +18% | +$6.59M |
|
1000
Global X Silver Miners ETF NEW
SIL
$5.57B
| $38.7M | 0.01% |
891,822
+462,749
| +108% | +$21.1M |
|
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.