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 | |
|---|---|---|---|---|---|---|
1101
PUT
iShares MSCI Turkey ETF
TUR
$223M
| $22M | 0.01% |
1,168,300
+734,200
| +169% | +$18.6M |
|
1102
PUT
WIX.com
WIX
$3.53B
| $21.9M | 0.01% |
217,600
-15,600
| -7% | -$2.04M |
|
|
GRMN
1103
PUT
Garmin
GRMN
$56.2B
| $21.9M | 0.01% |
292,000
+237,900
| +440% | +$21.5M |
|
|
BBBY
1104
PUT
DELISTED
Bed Bath & Beyond Inc
BBBY
| $21.8M | 0.01% |
5,188,100
+2,719,900
| +110% | +$31.7M |
|
1105
EOG Resources
EOG
$78.8B
| $21.8M | 0.01% |
607,087
+242,645
| +67% | +$15.8M |
|
|
RDS.B
1106
DELISTED
Royal Dutch Shell PLC ADS Class B
RDS.B
| $21.8M | 0.01% |
666,320
+541,795
| +435% | +$25.4M |
|
1107
Vanguard Total Bond Market
BND
$161B
| $21.7M | 0.01% |
+253,970
| New | +$21.6M |
|
1108
United Rentals
URI
$67.4B
| $21.7M | 0.01% |
210,607
+187,583
| +815% | +$24.9M |
|
1109
CALL
First Trust Dow Jones Internet Index Fund ETF
FDN
$5.29B
| $21.7M | 0.01% |
175,100
+34,300
| +24% | +$4.76M |
|
1110
PUT
State Street SPDR EURO STOXX 50 ETF
FEZ
$4.53B
| $21.6M | 0.01% |
733,200
-1,256,800
| -63% | -$46M |
|
1111
PUT
TotalEnergies
TTE
$198B
| $21.6M | 0.01% |
580,600
+280,100
| +93% | +$12.6M |
|
1112
PUT
Fortinet
FTNT
$112B
| $21.5M | 0.01% |
1,062,500
-269,000
| -20% | -$5.76M |
|
|
WORK
1113
DELISTED
Slack Technologies, Inc.
WORK
| $21.5M | 0.01% |
799,587
-813,962
| -50% | -$19.6M |
|
1114
PUT
Toyota
TM
$229B
| $21.4M | 0.01% |
178,800
+44,800
| +33% | +$5.98M |
|
1115
CALL
Public Storage
PSA
$60.7B
| $21.3M | 0.01% |
107,100
+39,500
| +58% | +$8.46M |
|
1116
CALL
BioMarin Pharmaceuticals
BMRN
$12.6B
| $21.3M | 0.01% |
251,600
-67,500
| -21% | -$5.82M |
|
1117
CALL
iQIYI
IQ
$975M
| $21.2M | 0.01% |
1,192,000
-869,300
| -42% | -$19.5M |
|
1118
PUT
LyondellBasell Industries
LYB
$21.1B
| $21.1M | 0.01% |
425,700
-290,600
| -41% | -$21.4M |
|
1119
PUT
Apollo Global Management
APO
$78.4B
| $21.1M | 0.01% |
629,600
-442,100
| -41% | -$19M |
|
1120
PUT
Diageo
DEO
$53.4B
| $21M | 0.01% |
165,500
+88,100
| +114% | +$13.2M |
|
1121
PUT
Fair Isaac
FICO
$25.2B
| $21M | 0.01% |
68,300
-34,600
| -34% | -$12.7M |
|
1122
CALL
Raymond James Financial
RJF
$34B
| $21M | 0.01% |
498,600
+75,000
| +18% | +$4.23M |
|
1123
Trip.com Group
TCOM
$29B
| $21M | 0.01% |
895,676
+756,715
| +545% | +$23.6M |
|
1124
DuPont de Nemours
DD
$18.5B
| $20.9M | 0.01% |
489,189
+181,080
| +59% | +$11.1M |
|
1125
PUT
CEL-SCI Corp
CVM
$24.3M
| $20.9M | 0.01% |
60,427
+31,004
| +105% | +$11.3M |
|
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.