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 | |
|---|---|---|---|---|---|---|
1001
State Street SPDR S&P Oil & Gas Exploration & Production ETF
XOP
$3.72B
| $38.6M | 0.01% |
918,422
+182,492
| +25% | +$9.18M |
|
1002
CALL
Microchip Technology
MCHP
$39.9B
| $38.6M | 0.01% |
750,800
-109,400
| -13% | -$5.69M |
|
1003
PUT
Direxion Daily S&P Oil & Gas Exp. & Prod. Bear 2X ETF
DRIP
$106M
| $38.5M | 0.01% |
5,424
+4,737
| +690% | +$26M |
|
1004
PUT
Phillips 66
PSX
$94.5B
| $38.5M | 0.01% |
741,900
+58,600
| +9% | +$3.58M |
|
1005
State Street SPDR S&P Retail ETF
XRT
$325M
| $38.3M | 0.01% |
771,268
+149,659
| +24% | +$7.33M |
|
1006
ConocoPhillips
COP
$158B
| $38.3M | 0.01% |
1,164,968
+714,178
| +158% | +$27.1M |
|
1007
CALL
Global Payments
GPN
$24.8B
| $38.2M | 0.01% |
215,200
-15,200
| -7% | -$2.63M |
|
1008
CALL
Yeti Holdings
YETI
$3.11B
| $38.2M | 0.01% |
843,100
+338,200
| +67% | +$16M |
|
1009
PUT
CEL-SCI Corp
CVM
$26M
| $38.2M | 0.01% |
99,750
+29,083
| +41% | +$11.5M |
|
1010
PUT
ARK Innovation ETF
ARKK
$6.6B
| $38.1M | 0.01% |
414,600
+322,200
| +349% | +$27.6M |
|
1011
CALL
StoneCo
STNE
$2.26B
| $38.1M | 0.01% |
720,100
+305,800
| +74% | +$14.6M |
|
1012
Twilio
TWLO
$34.4B
| $38.1M | 0.01% |
154,058
-98,020
| -39% | -$24.2M |
|
1013
iShares 20+ Year Treasury Bond ETF
TLT
$47.1B
| $37.9M | 0.01% |
231,891
-367,314
| -61% | -$60.9M |
|
|
SRNE
1014
CALL
DELISTED
Sorrento Therapeutics, Inc.
SRNE
| $37.8M | 0.01% |
3,390,300
+2,298,100
| +210% | +$21M |
|
1015
PUT
Fiverr
FVRR
$344M
| $37.7M | 0.01% |
271,600
+193,700
| +249% | +$20.8M |
|
1016
CALL
Teva Pharmaceuticals
TEVA
$44.4B
| $37.7M | 0.01% |
4,187,100
-3,487,800
| -45% | -$36.9M |
|
1017
PUT
WisdomTree Japan Hedged Equity Fund
DXJ
$7.27B
| $37.6M | 0.01% |
759,500
+608,000
| +401% | +$29.2M |
|
1018
PUT
Vanguard FTSE Emerging Markets ETF
VWO
$126B
| $37.6M | 0.01% |
868,600
-610,200
| -41% | -$26.5M |
|
1019
PUT
General Dynamics
GD
$102B
| $37.5M | 0.01% |
270,800
-175,900
| -39% | -$26M |
|
|
X
1020
PUT
DELISTED
US Steel
X
| $37.4M | 0.01% |
5,092,000
-2,917,700
| -36% | -$22.1M |
|
1021
PUT
ProShares Ultra QQQ
QLD
$13.8B
| $37.4M | 0.01% |
1,630,400
-1,257,600
| -44% | -$27.7M |
|
1022
Ericsson
ERIC
$33.9B
| $37.2M | 0.01% |
3,417,790
+2,067,401
| +153% | +$22.8M |
|
1023
CALL
Cardinal Health
CAH
$55.3B
| $37.2M | 0.01% |
792,500
+303,400
| +62% | +$15.6M |
|
|
WLL
1024
CALL
DELISTED
Whiting Petroleum Corporation
WLL
| $37.2M | 0.01% |
2,150,700
+2,124,128
| +7,994% | +$118M |
|
1025
CALL
Direxion Daily S&P Biotech Bear 3X ETF
LABD
$58.4M
| $37.1M | 0.01% |
62,230
+60,791
| +4,225% | +$39.2M |
|
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.