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 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$6.39B |
| 2 |
iShares Russell 2000 ETF
IWM
|
+$565M |
| 3 |
Citigroup
C
|
+$429M |
| 4 |
United States Oil Fund
USO
|
+$386M |
| 5 |
iShares MSCI EAFE ETF
EFA
|
+$378M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Amazon
AMZN
|
+$946M |
| 2 |
Alphabet (Google) Class A
GOOGL
|
+$771M |
| 3 |
Alibaba
BABA
|
+$626M |
| 4 |
Tesla
TSLA
|
+$505M |
| 5 |
iShares 20+ Year Treasury Bond ETF
TLT
|
+$421M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 2.01% |
| 2 | Communication Services | 1.39% |
| 3 | Financials | 0.98% |
| 4 | Consumer Discretionary | 0.94% |
| 5 | Healthcare | 0.91% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
CRON
1001
CALL
Cronos Group
CRON
$1.26B
| $26.1M | 0.01% |
4,599,200
+620,100
| +16% | +$4.12M |
|
|
RTN
1002
DELISTED
Raytheon Company
RTN
| $26M | 0.01% |
198,226
-139,711
| -41% | -$27.7M |
|
1003
Energy Transfer Partners
ET
$72.6B
| $26M | 0.01% |
5,644,741
-6,070,808
| -52% | -$64.7M |
|
|
JWN
1004
CALL
DELISTED
Nordstrom
JWN
| $25.9M | 0.01% |
1,691,000
+200,900
| +13% | +$6.7M |
|
1005
CALL
Lumentum
LITE
$74.5B
| $25.8M | 0.01% |
350,500
-121,100
| -26% | -$9.53M |
|
1006
CALL
Motorola Solutions
MSI
$79.7B
| $25.8M | 0.01% |
194,200
-286,200
| -60% | -$48M |
|
1007
Skyworks Solutions
SWKS
$10.1B
| $25.8M | 0.01% |
288,747
-80,290
| -22% | -$8.57M |
|
1008
CALL
HubSpot
HUBS
$12.2B
| $25.8M | 0.01% |
193,700
+5,200
| +3% | +$864K |
|
1009
CALL
Tractor Supply
TSCO
$18.7B
| $25.8M | 0.01% |
1,524,500
+927,000
| +155% | +$16.6M |
|
|
CYBR
1010
PUT
DELISTED
CyberArk
CYBR
| $25.7M | 0.01% |
300,800
-125,500
| -29% | -$14.5M |
|
1011
CALL
Deckers Outdoor
DECK
$12.5B
| $25.7M | 0.01% |
1,151,400
+405,600
| +54% | +$11.3M |
|
|
SCHW
1012
Charles Schwab
SCHW
$197B
| $25.7M | 0.01% |
764,135
+13,461
| +2% | +$565K |
|
1013
PUT
Lennox International
LII
$13.8B
| $25.7M | 0.01% |
141,200
-44,900
| -24% | -$10.4M |
|
|
DFS
1014
CALL
DELISTED
Discover Financial Services
DFS
| $25.7M | 0.01% |
719,300
+365,300
| +103% | +$24.2M |
|
1015
CALL
Bausch Health
BHC
$2.5B
| $25.6M | 0.01% |
1,654,000
-7,000,900
| -81% | -$169M |
|
|
MOMO
1016
PUT
Hello Group
MOMO
$841M
| $25.6M | 0.01% |
1,181,400
+571,200
| +94% | +$17M |
|
1017
Blackstone
BX
$108B
| $25.6M | 0.01% |
562,085
-484,444
| -46% | -$26.8M |
|
1018
CALL
Fastenal
FAST
$58.8B
| $25.6M | 0.01% |
1,636,000
-210,600
| -11% | -$3.71M |
|
1019
Wynn Resorts
WYNN
$10.2B
| $25.6M | 0.01% |
424,663
-497,769
| -54% | -$55.8M |
|
1020
PUT
KLA
KLAC
$237B
| $25.5M | 0.01% |
1,777,000
-366,000
| -17% | -$5.89M |
|
1021
CALL
Martin Marietta Materials
MLM
$32B
| $25.5M | 0.01% |
134,900
-44,600
| -25% | -$10.7M |
|
|
EXAS
1022
CALL
DELISTED
Exact Sciences
EXAS
| $25.5M | 0.01% |
440,000
-387,200
| -47% | -$31.4M |
|
|
NBIS
1023
CALL
Nebius Group N.V.
NBIS
$57.3B
| $25.5M | 0.01% |
749,400
+158,300
| +27% | +$6.53M |
|
1024
iShares Russell 1000 Value ETF
IWD
$84.3B
| $25.5M | 0.01% |
256,848
+158,205
| +160% | +$19.7M |
|
1025
PUT
MSCI
MSCI
$41.5B
| $25.3M | 0.01% |
87,700
+5,400
| +7% | +$1.53M |
|
Similar funds
Jeff Yass's Q1 2020 Portfolio in Review
As of Q1 2020, Jeff Yass held 11,456 positions worth $314B, down 9.5% from $347B the previous quarter. Its ten largest holdings account for 30% of the portfolio.
Jeff Yass deployed $31.5B of net new capital in Q1 2020, opening 1,843 new positions and adding to 4,539 existing holdings. Its largest new stake was Invesco DB US Dollar Index Bullish Fund: 8,692,802 shares worth $233M.
By sector, the portfolio is most concentrated in Technology at 2% of assets, down from 2.2% a quarter earlier, followed by Communication Services and Financials.
On the sell side, the largest reduction was Amazon, an estimated $946M trimmed.
- Jeff Yass's largest Q1 2020 buy was Invesco DB US Dollar Index Bullish Fund: 8,692,802 shares worth $233M.
- Jeff Yass added most to State Street SPDR S&P 500 ETF Trust in Q1 2020, an estimated $6.39B increase.
- Jeff Yass's biggest Q1 2020 reduction was Amazon, cutting an estimated $946M.
- Jeff Yass fully exited Medicines Co in Q1 2020, selling an estimated $92M.
- Jeff Yass's ten largest holdings make up 30% of its $314B portfolio in Q1 2020.
- Jeff Yass opened 1,843 new positions and closed 1,300 in Q1 2020.
- Jeff Yass's portfolio value fell 9.5% quarter-over-quarter to $314B.
Based on Susquehanna International Group's 13F filing for Q1 2020, filed 15 May 2020.