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 | |
|---|---|---|---|---|---|---|
1076
CALL
Yum China
YUMC
$16.6B
| $34.4M | 0.01% |
648,900
+238,500
| +58% | +$12.6M |
|
1077
PUT
Emerson Electric
EMR
$86.4B
| $34.3M | 0.01% |
522,500
+196,500
| +60% | +$12.9M |
|
1078
PUT
Sempra
SRE
$54.9B
| $34.3M | 0.01% |
578,800
-377,600
| -39% | -$23.2M |
|
1079
CALL
SLB Ltd
SLB
$79.1B
| $34.2M | 0.01% |
2,199,000
+211,200
| +11% | +$3.93M |
|
1080
PUT
Global Payments
GPN
$24.8B
| $34.2M | 0.01% |
192,500
+126,800
| +193% | +$21.9M |
|
|
AEPPZ
1081
DELISTED
American Electric Power Company, Inc. Corporate Units
AEPPZ
| $34.2M | 0.01% |
+700,000
| New | +$34.1M |
|
1082
PUT
Lumentum
LITE
$79.4B
| $34.1M | 0.01% |
453,700
+75,200
| +20% | +$6.23M |
|
1083
CALL
Allstate
ALL
$65.1B
| $33.9M | 0.01% |
360,600
-114,200
| -24% | -$10.7M |
|
1084
CALL
Burlington
BURL
$19.8B
| $33.9M | 0.01% |
164,300
-16,800
| -9% | -$3.27M |
|
1085
CALL
Paychex
PAYX
$44.5B
| $33.8M | 0.01% |
423,600
+105,600
| +33% | +$7.93M |
|
1086
PUT
Markel Group
MKL
$22.4B
| $33.8M | 0.01% |
34,700
+8,000
| +30% | +$8.13M |
|
1087
PUT
GDS Holdings
GDS
$6.61B
| $33.8M | 0.01% |
412,700
+194,300
| +89% | +$15.6M |
|
1088
CALL
Vanguard FTSE Emerging Markets ETF
VWO
$126B
| $33.8M | 0.01% |
780,700
-193,700
| -20% | -$8.42M |
|
1089
PUT
T. Rowe Price
TROW
$24.1B
| $33.7M | 0.01% |
262,800
+12,800
| +5% | +$1.69M |
|
|
ZNGA
1090
DELISTED
ZYNGA INC. CL A COMMON
ZNGA
| $33.7M | 0.01% |
3,692,812
+1,553,985
| +73% | +$14.5M |
|
1091
PUT
State Street SPDR EURO STOXX 50 ETF
FEZ
$4.55B
| $33.6M | 0.01% |
923,100
+76,900
| +9% | +$2.89M |
|
|
HES
1092
CALL
DELISTED
Hess
HES
| $33.5M | 0.01% |
817,500
-7,400
| -0.9% | -$352K |
|
1093
Agnico Eagle Mines
AEM
$113B
| $33.4M | 0.01% |
420,058
+49,325
| +13% | +$3.77M |
|
1094
CALL
Direxion Daily Financial Bull 3x ETF
FAS
$2.45B
| $33.3M | 0.01% |
984,500
-1,042,000
| -51% | -$37.1M |
|
1095
WillScot Mobile Mini Holdings
WSC
$3.85B
| $33.3M | 0.01% |
1,997,710
+1,667,625
| +505% | +$26.6M |
|
1096
3M
MMM
$92.5B
| $33.3M | 0.01% |
248,697
+72,606
| +41% | +$9.77M |
|
|
AXON
1097
CALL
Axon Enterprise
AXON
$49.8B
| $33.2M | 0.01% |
366,500
-8,500
| -2% | -$739K |
|
1098
CALL
Trip.com Group
TCOM
$29B
| $33.2M | 0.01% |
1,065,800
+280,900
| +36% | +$7.98M |
|
1099
United States Natural Gas Fund
UNG
$515M
| $33.2M | 0.01% |
726,768
-431,325
| -37% | -$20.6M |
|
1100
CALL
Ferrari
RACE
$74.1B
| $33.1M | 0.01% |
180,000
-125,900
| -41% | -$23.4M |
|
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.