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 | |
|---|---|---|---|---|---|---|
1026
CALL
Vanguard Dividend Appreciation ETF
VIG
$114B
| $36.8M | 0.01% |
286,000
+71,400
| +33% | +$8.98M |
|
1027
CALL
ProShares Ultra S&P500
SSO
$8.41B
| $36.8M | 0.01% |
2,000,800
-757,600
| -27% | -$13.6M |
|
1028
CALL
Bausch Health
BHC
$2.52B
| $36.7M | 0.01% |
2,361,600
+601,700
| +34% | +$10.4M |
|
1029
CALL
XPO
XPO
$22.5B
| $36.6M | 0.01% |
1,248,504
-66,791
| -5% | -$1.92M |
|
1030
PUT
ProShares Short VIX Short-Term Futures ETF
SVXY
$246M
| $36.6M | 0.01% |
2,059,200
-20,000
| -1% | -$343K |
|
1031
CALL
KKR & Co
KKR
$96.6B
| $36.5M | 0.01% |
1,063,100
-199,900
| -16% | -$6.99M |
|
1032
CALL
iShares MSCI Mexico ETF
EWW
$1.81B
| $36.5M | 0.01% |
1,094,100
+152,400
| +16% | +$5.04M |
|
1033
CALL
Synchrony
SYF
$26.3B
| $36.5M | 0.01% |
1,393,700
-39,500
| -3% | -$960K |
|
1034
PUT
O'Reilly Automotive
ORLY
$73.1B
| $36.4M | 0.01% |
1,185,000
+165,000
| +16% | +$5.01M |
|
1035
CALL
Direxion Daily S&P Biotech Bull 3X ETF
LABU
$730M
| $36.3M | 0.01% |
33,875
+3,985
| +13% | +$4.57M |
|
|
1036
PUT
Direxion Daily S&P Biotech Bull 3X ETF
LABU
$730M
| $36.1M | 0.01% |
33,730
+6,760
| +25% | +$7.75M |
|
|
AMTD
1037
DELISTED
TD Ameritrade Holding Corp
AMTD
| $36.1M | 0.01% |
922,570
-155,369
| -14% | -$5.85M |
|
1038
PUT
State Street SPDR Bloomberg 1-3 Month T-Bill ETF
BIL
$46.7B
| $36.1M | 0.01% |
394,600
-127,500
| -24% | -$11.7M |
|
1039
CALL
Direxion Daily Gold Miners Index Bear 2X ETF
DUST
$64.4M
| $36.1M | 0.01% |
18,997
+9,125
| +92% | +$17.3M |
|
1040
CALL
Martin Marietta Materials
MLM
$37.8B
| $36.1M | 0.01% |
153,200
+35,500
| +30% | +$7.68M |
|
1041
PUT
Toll Brothers
TOL
$13.9B
| $36M | 0.01% |
738,900
+402,500
| +120% | +$16.3M |
|
1042
PUT
Innovative Industrial Properties
IIPR
$1.59B
| $35.9M | 0.01% |
289,300
-33,600
| -10% | -$3.76M |
|
1043
CALL
PVH
PVH
$3.44B
| $35.9M | 0.01% |
601,600
+483,500
| +409% | +$26.6M |
|
1044
Petrobras
PBR
$115B
| $35.7M | 0.01% |
5,020,688
-5,861,436
| -54% | -$49.8M |
|
|
CTXS
1045
CALL
DELISTED
Citrix Systems Inc
CTXS
| $35.7M | 0.01% |
259,100
-21,900
| -8% | -$3.13M |
|
1046
CALL
Planet Fitness
PLNT
$3.97B
| $35.7M | 0.01% |
579,000
+139,400
| +32% | +$8.02M |
|
1047
PUT
Cardinal Health
CAH
$55.3B
| $35.6M | 0.01% |
759,200
+320,700
| +73% | +$16.5M |
|
1048
CALL
International Flavors & Fragrances
IFF
$22.2B
| $35.6M | 0.01% |
291,000
+167,300
| +135% | +$20.8M |
|
1049
PUT
NetApp
NTAP
$36.8B
| $35.6M | 0.01% |
812,200
+409,700
| +102% | +$17.9M |
|
1050
TripAdvisor
TRIP
$1.18B
| $35.6M | 0.01% |
1,816,214
+795,955
| +78% | +$16.7M |
|
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.