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 | |
|---|---|---|---|---|---|---|
10001
SunCoke Energy
SXC
$828M
| $77K | ﹤0.01% |
22,556
+3,899
| +21% | +$12.7K |
|
|
HALL
10002
DELISTED
Hallmark Financial Services, Inc.
HALL
| $77K | ﹤0.01% |
2,953
+266
| +10% | +$8.29K |
|
|
ACH
10003
CALL
DELISTED
Alum Corp of China Ltd
ACH
| $77K | ﹤0.01% |
+14,900
| New | +$92.4K |
|
|
ACR
10004
PUT
ACRES Commercial Realty
ACR
$106M
| $76K | ﹤0.01% |
12,200
-66,233
| -84% | -$459K |
|
10005
PUT
ClearSign Technologies
CLIR
$32M
| $76K | ﹤0.01% |
+3,380
| New | +$77.5K |
|
10006
PUT
Dyadic International
DYAI
$27.7M
| $76K | ﹤0.01% |
10,100
-8,200
| -45% | -$67.8K |
|
10007
Travelzoo
TZOO
$69.6M
| $76K | ﹤0.01% |
11,758
-21,502
| -65% | -$144K |
|
|
ADMS
10008
CALL
DELISTED
Adamas Pharmaceuticals
ADMS
| $76K | ﹤0.01% |
18,400
+4,700
| +34% | +$18.2K |
|
|
AFMD
10009
PUT
DELISTED
Affimed
AFMD
| $75K | ﹤0.01% |
+2,200
| New | +$83.3K |
|
|
CARM
10010
CALL
DELISTED
Carisma Therapeutics
CARM
| $75K | ﹤0.01% |
2,695
+2,165
| +408% | +$43.3K |
|
10011
PUT
FNB Corp
FNB
$6.54B
| $75K | ﹤0.01% |
11,000
-48,900
| -82% | -$359K |
|
10012
CALL
Greenlight Captial
GLRE
$505M
| $75K | ﹤0.01% |
+11,100
| New | +$76.3K |
|
10013
PUT
Hudbay
HBM
$13.7B
| $75K | ﹤0.01% |
17,800
-84,100
| -83% | -$324K |
|
10014
Team
TISI
$110M
| $75K | ﹤0.01% |
+1,366
| New | +$74.1K |
|
10015
PUT
Vermilion Energy
VET
$1.86B
| $75K | ﹤0.01% |
32,200
+2,100
| +7% | +$8.26K |
|
|
RTL
10016
DELISTED
The Necessity Retail REIT, Inc. Class A Common Stock
RTL
| $75K | ﹤0.01% |
+12,013
| New | +$85K |
|
|
DS
10017
PUT
DELISTED
Drive Shack Inc.
DS
| $75K | ﹤0.01% |
66,600
+51,200
| +332% | +$79K |
|
10018
Comstock
LODE
$271M
| $74K | ﹤0.01% |
6,875
+3,845
| +127% | +$37.1K |
|
10019
National CineMedia
NCMI
$256M
| $74K | ﹤0.01% |
2,711
-1,216
| -31% | -$38.2K |
|
|
PBPB
10020
CALL
DELISTED
Potbelly
PBPB
| $74K | ﹤0.01% |
+19,400
| New | +$68.5K |
|
10021
RF Industries
RFIL
$116M
| $74K | ﹤0.01% |
16,725
+5,341
| +47% | +$24K |
|
|
NYMX
10022
DELISTED
Nymox Pharmaceutical Corp
NYMX
| $74K | ﹤0.01% |
30,134
+12,407
| +70% | +$36.1K |
|
|
SPRT
10023
DELISTED
support.com, Inc.
SPRT
| $74K | ﹤0.01% |
+41,284
| New | +$70.3K |
|
10024
CALL
Community Health Systems
CYH
$419M
| $73K | ﹤0.01% |
17,200
-33,600
| -66% | -$148K |
|
10025
CALL
LSB Industries
LXU
$740M
| $73K | ﹤0.01% |
+58,890
| New | +$74K |
|
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.