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 | |
|---|---|---|---|---|---|---|
1101
Bilibili
BILI
$6.93B
| $33.1M | 0.01% |
796,384
-392,879
| -33% | -$17.4M |
|
|
LVGO
1102
DELISTED
Livongo Health, Inc. Common Stock
LVGO
| $33M | 0.01% |
235,432
-581,899
| -71% | -$70.9M |
|
1103
QuidelOrtho
QDEL
$1.03B
| $32.9M | 0.01% |
150,154
-103,729
| -41% | -$23.1M |
|
|
JOYY
1104
CALL
JOYY Inc
JOYY
$3.78B
| $32.9M | 0.01% |
407,800
-77,800
| -16% | -$6.38M |
|
1105
CALL
Toronto Dominion Bank
TD
$197B
| $32.8M | 0.01% |
710,200
-142,300
| -17% | -$6.63M |
|
1106
CALL
Nutrien
NTR
$34.8B
| $32.8M | 0.01% |
837,000
+414,200
| +98% | +$15.1M |
|
1107
CALL
iShares MSCI South Korea ETF
EWY
$28B
| $32.7M | 0.01% |
500,500
-72,700
| -13% | -$4.56M |
|
1108
CALL
Vanguard High Dividend Yield ETF
VYM
$83.1B
| $32.7M | 0.01% |
404,000
+102,400
| +34% | +$8.39M |
|
|
SGEN
1109
CALL
DELISTED
Seagen Inc. Common Stock
SGEN
| $32.7M | 0.01% |
166,900
+30,300
| +22% | +$5.07M |
|
|
PXD
1110
DELISTED
Pioneer Natural Resource Co.
PXD
| $32.6M | 0.01% |
378,922
+201,443
| +114% | +$19.8M |
|
1111
CALL
Monster Beverage
MNST
$95.5B
| $32.6M | 0.01% |
1,624,400
+269,200
| +20% | +$5.32M |
|
1112
CALL
Kinder Morgan
KMI
$68.9B
| $32.6M | 0.01% |
2,640,000
+495,200
| +23% | +$6.9M |
|
1113
PUT
WisdomTree India Earnings Fund ETF
EPI
$2.05B
| $32.5M | 0.01% |
1,377,000
+266,700
| +24% | +$6.06M |
|
1114
PUT
Toyota
TM
$228B
| $32.5M | 0.01% |
245,100
+15,500
| +7% | +$2.02M |
|
1115
BioNTech
BNTX
$28.6B
| $32.5M | 0.01% |
468,752
+328,684
| +235% | +$23.6M |
|
1116
Energy Transfer Partners
ET
$72.4B
| $32.3M | 0.01% |
5,966,177
-1,377,404
| -19% | -$8.74M |
|
1117
Sony
SONY
$141B
| $32.3M | 0.01% |
2,105,490
+1,152,530
| +121% | +$17.9M |
|
1118
Viatris
VTRS
$19.2B
| $32.2M | 0.01% |
2,173,065
+516,264
| +31% | +$8.24M |
|
1119
PUT
GSK
GSK
$104B
| $32.2M | 0.01% |
684,080
-59,840
| -8% | -$3M |
|
1120
Domino's
DPZ
$11.6B
| $32.2M | 0.01% |
75,656
+7,511
| +11% | +$2.99M |
|
1121
Norfolk Southern
NSC
$78.9B
| $32.1M | 0.01% |
149,972
+141,338
| +1,637% | +$28.4M |
|
1122
CALL
Weibo
WB
$1.75B
| $32M | 0.01% |
877,300
+187,100
| +27% | +$6.61M |
|
1123
CALL
Ball Corp
BALL
$17B
| $31.9M | 0.01% |
384,300
+62,900
| +20% | +$4.84M |
|
1124
CALL
iShares Core S&P Mid-Cap ETF
IJH
$125B
| $31.9M | 0.01% |
860,000
+27,500
| +3% | +$1.03M |
|
1125
CALL
ON Semiconductor
ON
$28.2B
| $31.9M | 0.01% |
1,469,400
-66,500
| -4% | -$1.41M |
|
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.