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 | |
|---|---|---|---|---|---|---|
1151
CALL
Fidelity National Information Services
FIS
$20.9B
| $30.6M | 0.01% |
208,100
-175,100
| -46% | -$25.3M |
|
1152
CALL
Boyd Gaming
BYD
$5.89B
| $30.6M | 0.01% |
996,000
+179,800
| +22% | +$4.52M |
|
1153
PUT
Fortinet
FTNT
$113B
| $30.5M | 0.01% |
1,294,500
+377,000
| +41% | +$9.74M |
|
1154
PUT
Alaska Air
ALK
$4.84B
| $30.5M | 0.01% |
832,100
+182,000
| +28% | +$6.82M |
|
1155
McKesson
MCK
$106B
| $30.4M | 0.01% |
204,083
-15,701
| -7% | -$2.38M |
|
|
MNTA
1156
CALL
DELISTED
Momenta Pharmaceuticals, Inc.
MNTA
| $30.2M | 0.01% |
574,600
+542,600
| +1,696% | +$22.5M |
|
|
RDFN
1157
PUT
DELISTED
Redfin
RDFN
| $30.1M | 0.01% |
603,600
+417,400
| +224% | +$18.5M |
|
1158
PUT
First Solar
FSLR
$22.2B
| $30.1M | 0.01% |
455,200
+34,500
| +8% | +$2.29M |
|
1159
PUT
Jazz Pharmaceuticals
JAZZ
$16.9B
| $30.1M | 0.01% |
210,800
+88,800
| +73% | +$11M |
|
1160
CALL
PennyMac Financial
PFSI
$3.85B
| $30M | 0.01% |
515,500
+314,700
| +157% | +$15.6M |
|
1161
PUT
State Street Communication Services Select Sector SPDR ETF
XLC
$22.8B
| $29.9M | 0.01% |
504,200
+127,400
| +34% | +$7.55M |
|
1162
Deere & Co
DE
$170B
| $29.8M | 0.01% |
134,629
+78,237
| +139% | +$15.1M |
|
1163
PUT
Papa John's
PZZA
$794M
| $29.7M | 0.01% |
361,400
+149,900
| +71% | +$13.8M |
|
1164
PUT
American Electric Power
AEP
$66.8B
| $29.7M | 0.01% |
363,500
-144,800
| -28% | -$11.9M |
|
1165
Enterprise Products Partners
EPD
$82.6B
| $29.7M | 0.01% |
1,880,363
+363,356
| +24% | +$6.37M |
|
1166
PUT
Sony
SONY
$141B
| $29.7M | 0.01% |
1,932,500
+907,500
| +89% | +$14.1M |
|
1167
PUT
Franco-Nevada
FNV
$52.4B
| $29.5M | 0.01% |
211,600
+5,200
| +3% | +$773K |
|
|
1168
CALL
Jazz Pharmaceuticals
JAZZ
$16.9B
| $29.5M | 0.01% |
207,100
+125,400
| +153% | +$15.5M |
|
1169
CALL
Credit Acceptance
CACC
$6.27B
| $29.5M | 0.01% |
87,100
-41,500
| -32% | -$17.5M |
|
1170
CALL
NovoCure
NVCR
$2.05B
| $29.3M | 0.01% |
263,500
+35,300
| +15% | +$2.82M |
|
1171
CoStar Group
CSGP
$13.3B
| $29.3M | 0.01% |
345,300
-341,400
| -50% | -$27.2M |
|
1172
CALL
Viatris
VTRS
$19.2B
| $29.3M | 0.01% |
1,973,100
-608,200
| -24% | -$9.71M |
|
1173
PUT
STMicroelectronics
STM
$44.1B
| $29.1M | 0.01% |
948,700
-14,900
| -2% | -$438K |
|
1174
CALL
Ciena
CIEN
$54.9B
| $29M | 0.01% |
731,300
+87,700
| +14% | +$4.62M |
|
1175
PUT
Ericsson
ERIC
$33.9B
| $28.9M | 0.01% |
2,652,000
+1,719,800
| +184% | +$19M |
|
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.