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 |
Invesco QQQ Trust
QQQ
|
+$2.33B |
| 2 |
iShares Russell 2000 ETF
IWM
|
+$1.22B |
| 3 |
JPMorgan Chase
JPM
|
+$761M |
| 4 |
Bank of America
BAC
|
+$427M |
| 5 |
Alibaba
BABA
|
+$327M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$2.49B |
| 2 |
Apple
AAPL
|
+$1.26B |
| 3 |
Microsoft
MSFT
|
+$685M |
| 4 |
Tesla
TSLA
|
+$478M |
| 5 |
Netflix
NFLX
|
+$297M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 1.62% |
| 2 | Communication Services | 1.38% |
| 3 | Financials | 1.25% |
| 4 | Consumer Discretionary | 1.12% |
| 5 | Healthcare | 0.92% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
1026
PUT
Pan American Silver
PAAS
$22.5B
| $34M | 0.01% |
1,117,500
+208,500
| +23% | +$4.95M |
|
|
ALXN
1027
DELISTED
Alexion Pharmaceuticals
ALXN
| $33.9M | 0.01% |
301,939
-575,642
| -66% | -$61.1M |
|
1028
PUT
Chubb
CB
$132B
| $33.8M | 0.01% |
266,800
-38,000
| -12% | -$4.4M |
|
|
DCH
1029
PUT
Dauch Corp
DCH
$1.53B
| $33.7M | 0.01% |
4,439,700
-72,400
| -2% | -$418K |
|
1030
McKesson
MCK
$106B
| $33.7M | 0.01% |
219,784
-39,829
| -15% | -$5.75M |
|
|
CLDR
1031
DELISTED
Cloudera, Inc.
CLDR
| $33.6M | 0.01% |
2,638,947
+1,305,160
| +98% | +$12.5M |
|
1032
CALL
Enbridge
ENB
$109B
| $33.6M | 0.01% |
1,103,400
+295,200
| +37% | +$9.07M |
|
1033
PUT
iShares Russell 1000 Growth ETF
IWF
$125B
| $33.6M | 0.01% |
699,200
+570,800
| +445% | +$25.2M |
|
1034
Enphase Energy
ENPH
$4.94B
| $33.5M | 0.01% |
703,407
+642,845
| +1,061% | +$30.7M |
|
1035
CALL
Air Products & Chemicals
APD
$67.7B
| $33.4M | 0.01% |
138,500
+13,400
| +11% | +$3.06M |
|
1036
CALL
Copart
CPRT
$30.9B
| $33.4M | 0.01% |
1,603,200
-623,600
| -28% | -$12.5M |
|
1037
iShares Silver Trust
SLV
$33.5B
| $33.3M | 0.01% |
1,959,451
-507,609
| -21% | -$7.76M |
|
1038
Digital Realty Trust
DLR
$71.2B
| $33.3M | 0.01% |
234,369
+226,230
| +2,780% | +$32M |
|
1039
CALL
Thor Industries
THO
$4.14B
| $33.2M | 0.01% |
312,000
+61,300
| +24% | +$4.8M |
|
1040
PUT
iShares Core S&P 500 ETF
IVV
$894B
| $33.2M | 0.01% |
107,300
-33,700
| -24% | -$9.89M |
|
1041
CALL
State Street SPDR S&P Metals & Mining ETF
XME
$4.83B
| $33.2M | 0.01% |
1,566,700
+744,400
| +91% | +$14.7M |
|
|
GAP
1042
PUT
The Gap Inc
GAP
$7.25B
| $33.2M | 0.01% |
2,628,400
+341,200
| +15% | +$3.07M |
|
1043
T-Mobile US
TMUS
$195B
| $33M | 0.01% |
317,302
-277,351
| -47% | -$26.6M |
|
1044
iShares Core MSCI Emerging Markets ETF
IEMG
$161B
| $33M | 0.01% |
692,317
+474,817
| +218% | +$21.2M |
|
|
CTXS
1045
PUT
DELISTED
Citrix Systems Inc
CTXS
| $32.9M | 0.01% |
222,700
+21,200
| +11% | +$3.05M |
|
|
RDS.B
1046
DELISTED
Royal Dutch Shell PLC ADS Class B
RDS.B
| $32.8M | 0.01% |
1,076,185
+409,865
| +62% | +$13.4M |
|
1047
PUT
ProShares Ultra S&P500
SSO
$8.41B
| $32.8M | 0.01% |
2,095,200
-351,200
| -14% | -$4.97M |
|
1048
CALL
iShares MSCI South Korea ETF
EWY
$28B
| $32.7M | 0.01% |
573,200
-244,700
| -30% | -$12.9M |
|
1049
PUT
ProShares Short VIX Short-Term Futures ETF
SVXY
$246M
| $32.7M | 0.01% |
2,079,200
+564,800
| +37% | +$9.19M |
|
1050
CALL
Agnico Eagle Mines
AEM
$113B
| $32.7M | 0.01% |
510,800
-274,200
| -35% | -$16.2M |
|
Similar funds
Jeff Yass's Q2 2020 Portfolio in Review
As of Q2 2020, Jeff Yass held 11,586 positions worth $415B, up 32% from $314B the previous quarter. Its ten largest holdings account for 30% of the portfolio.
Jeff Yass's Q2 2020 filing shows 1,443 new, 4,471 increased, 4,026 reduced and 1,558 closed positions. Its largest new stake was VelocityShares 3x Long Natural Gas ETN linked to the S&P GSCI Natural Gas Index ER due February 9, 2: 1,220,649 shares worth $12.4M. The largest sale was State Street SPDR S&P 500 ETF Trust, an estimated $2.49B.
By sector, the portfolio is most concentrated in Technology at 1.6% of assets, down from 2% a quarter earlier, followed by Communication Services and Financials.
- Jeff Yass's largest Q2 2020 buy was VelocityShares 3x Long Natural Gas ETN linked to the S&P GSCI Natural Gas Index ER due February 9, 2: 1,220,649 shares worth $12.4M.
- Jeff Yass added most to Invesco QQQ Trust in Q2 2020, an estimated $2.33B increase.
- Jeff Yass's biggest Q2 2020 reduction was State Street SPDR S&P 500 ETF Trust, cutting an estimated $2.49B.
- Jeff Yass fully exited iPath Series B S&P 500 VIX Short-Term Futures ETN in Q2 2020, selling an estimated $119M.
- Jeff Yass's ten largest holdings make up 30% of its $415B portfolio in Q2 2020.
- Jeff Yass opened 1,443 new positions and closed 1,558 in Q2 2020.
- Jeff Yass's portfolio value rose 32% quarter-over-quarter to $415B.
Based on Susquehanna International Group's 13F filing for Q2 2020, filed 14 Aug 2020.