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 | |
|---|---|---|---|---|---|---|
1051
PUT
Advance Auto Parts
AAP
$2.63B
| $24M | 0.01% |
257,700
+3,900
| +2% | +$505K |
|
|
VMW
1052
DELISTED
VMware, Inc
VMW
| $24M | 0.01% |
198,203
-49,329
| -20% | -$6.78M |
|
1053
PUT
McCormick & Company Non-Voting
MKC
$15.1B
| $24M | 0.01% |
339,800
+209,000
| +160% | +$16.2M |
|
1054
Elevance Health
ELV
$87.3B
| $23.9M | 0.01% |
105,392
+22,335
| +27% | +$6.09M |
|
1055
Viatris
VTRS
$19B
| $23.9M | 0.01% |
1,601,855
-237,221
| -13% | -$4.54M |
|
|
GWPH
1056
PUT
DELISTED
GW Pharmaceuticals Plc American Depositary Shares
GWPH
| $23.9M | 0.01% |
272,700
-265,400
| -49% | -$28.1M |
|
1057
CALL
Toyota
TM
$229B
| $23.8M | 0.01% |
198,800
+134,500
| +209% | +$18M |
|
1058
PUT
Ecolab
ECL
$80.4B
| $23.8M | 0.01% |
152,500
+125,200
| +459% | +$23.5M |
|
1059
CALL
Williams Companies
WMB
$86.8B
| $23.7M | 0.01% |
1,678,100
-555,900
| -25% | -$10.8M |
|
1060
First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF
HYLS
$1.63B
| $23.7M | 0.01% |
+563,653
| New | +$26.4M |
|
1061
Western Digital
WDC
$157B
| $23.6M | 0.01% |
751,285
-937,649
| -56% | -$41.5M |
|
1062
Texas Instruments
TXN
$236B
| $23.6M | 0.01% |
236,318
-8,143
| -3% | -$977K |
|
|
ABMD
1063
CALL
DELISTED
Abiomed Inc
ABMD
| $23.6M | 0.01% |
162,500
+37,500
| +30% | +$6.23M |
|
1064
PUT
Planet Fitness
PLNT
$4.07B
| $23.5M | 0.01% |
483,500
+137,900
| +40% | +$9.62M |
|
|
WUBA
1065
PUT
DELISTED
58.com Inc
WUBA
| $23.5M | 0.01% |
483,200
+82,700
| +21% | +$4.75M |
|
1066
CALL
Enbridge
ENB
$109B
| $23.5M | 0.01% |
808,200
-327,100
| -29% | -$12.1M |
|
1067
PUT
ProShares Short VIX Short-Term Futures ETF
SVXY
$243M
| $23.5M | 0.01% |
1,514,400
-616,200
| -29% | -$16.8M |
|
|
MYOK
1068
CALL
DELISTED
MyoKardia, Inc. Common Stock
MYOK
| $23.4M | 0.01% |
499,500
+445,400
| +823% | +$28.5M |
|
1069
PUT
Moderna
MRNA
$55.4B
| $23.4M | 0.01% |
781,700
+560,000
| +253% | +$12.9M |
|
1070
CALL
Vail Resorts
MTN
$5.35B
| $23.4M | 0.01% |
158,400
+142,000
| +866% | +$30.6M |
|
|
WUBA
1071
CALL
DELISTED
58.com Inc
WUBA
| $23.4M | 0.01% |
479,900
+2,300
| +0.5% | +$132K |
|
1072
iShares Core S&P Mid-Cap ETF
IJH
$125B
| $23.2M | 0.01% |
806,170
+793,675
| +6,352% | +$29.5M |
|
1073
CALL
NovoCure
NVCR
$1.95B
| $23.2M | 0.01% |
344,000
+208,900
| +155% | +$16.5M |
|
|
SCHW
1074
PUT
Charles Schwab
SCHW
$197B
| $23.1M | 0.01% |
688,300
-419,200
| -38% | -$17.6M |
|
1075
PUT
NetApp
NTAP
$36.7B
| $23M | 0.01% |
551,300
+220,000
| +66% | +$11.4M |
|
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.