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 | |
|---|---|---|---|---|---|---|
|
ABMD
1126
PUT
DELISTED
Abiomed Inc
ABMD
| $31.8M | 0.01% |
114,900
+17,100
| +17% | +$4.93M |
|
1127
Norwegian Cruise Line
NCLH
$7.93B
| $31.8M | 0.01% |
1,859,975
-956,275
| -34% | -$15.1M |
|
1128
McDonald's
MCD
$190B
| $31.8M | 0.01% |
144,795
-499,985
| -78% | -$103M |
|
1129
PUT
Credit Acceptance
CACC
$6.27B
| $31.7M | 0.01% |
93,600
-8,300
| -8% | -$3.49M |
|
1130
PUT
Nucor
NUE
$56.2B
| $31.6M | 0.01% |
705,300
+131,400
| +23% | +$5.82M |
|
1131
Tyson Foods
TSN
$20.1B
| $31.6M | 0.01% |
531,642
-46,175
| -8% | -$2.85M |
|
1132
PUT
CF Industries
CF
$19.3B
| $31.6M | 0.01% |
1,029,000
+424,900
| +70% | +$13.5M |
|
1133
PUT
Gen Digital
GEN
$17.5B
| $31.6M | 0.01% |
1,515,400
+25,200
| +2% | +$546K |
|
1134
Etsy
ETSY
$7.75B
| $31.6M | 0.01% |
259,625
+60,455
| +30% | +$7.08M |
|
1135
PUT
Direxion Daily Financial Bull 3x ETF
FAS
$2.45B
| $31.5M | 0.01% |
929,600
+6,600
| +0.7% | +$235K |
|
1136
CALL
CarMax
KMX
$9.11B
| $31.4M | 0.01% |
341,900
+107,300
| +46% | +$10.7M |
|
1137
CALL
American Electric Power
AEP
$66.8B
| $31.4M | 0.01% |
383,700
-106,300
| -22% | -$8.76M |
|
1138
Kraft Heinz
KHC
$30B
| $31.3M | 0.01% |
1,044,973
-1,066,273
| -51% | -$35.5M |
|
1139
CALL
Corteva
CTVA
$55.4B
| $31.3M | 0.01% |
1,084,900
+117,500
| +12% | +$3.31M |
|
1140
CALL
Motorola Solutions
MSI
$80.3B
| $31.2M | 0.01% |
198,900
+55,900
| +39% | +$8.16M |
|
1141
PUT
LyondellBasell Industries
LYB
$20.2B
| $31.1M | 0.01% |
441,900
-1,400
| -0.3% | -$96.8K |
|
1142
PUT
iQIYI
IQ
$994M
| $31.1M | 0.01% |
1,376,400
-214,700
| -13% | -$4.7M |
|
1143
PUT
Cintas
CTAS
$81.9B
| $31.1M | 0.01% |
373,200
-97,200
| -21% | -$7.5M |
|
1144
PUT
Hasbro
HAS
$13.6B
| $31M | 0.01% |
374,800
+121,300
| +48% | +$9.39M |
|
1145
PUT
Weibo
WB
$1.75B
| $31M | 0.01% |
850,800
-364,200
| -30% | -$12.9M |
|
|
1146
CALL
LyondellBasell Industries
LYB
$20.2B
| $30.9M | 0.01% |
438,700
-304,300
| -41% | -$21M |
|
1147
Boston Beer
SAM
$1.95B
| $30.8M | 0.01% |
34,874
+15,943
| +84% | +$12.6M |
|
1148
CALL
Aflac
AFL
$58.2B
| $30.8M | 0.01% |
846,800
-252,800
| -23% | -$9.21M |
|
1149
CALL
Tencent Music
TME
$14.3B
| $30.6M | 0.01% |
2,075,000
+103,000
| +5% | +$1.61M |
|
1150
CALL
Baxter International
BAX
$13.6B
| $30.6M | 0.01% |
381,000
+88,600
| +30% | +$7.45M |
|
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.