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 | |
|---|---|---|---|---|---|---|
1176
PUT
Boston Beer
SAM
$1.95B
| $19.5M | 0.01% |
53,000
+8,500
| +19% | +$3.15M |
|
1177
CALL
Direxion Daily Financial Bull 3x ETF
FAS
$2.44B
| $19.4M | 0.01% |
828,800
+478,600
| +137% | +$36.4M |
|
1178
CALL
Canadian Imperial Bank of Commerce
CM
$105B
| $19.4M | 0.01% |
670,000
+356,800
| +114% | +$13.3M |
|
1179
PUT
Kohl's
KSS
$2.08B
| $19.4M | 0.01% |
1,330,400
-1,116,800
| -46% | -$41.9M |
|
1180
CALL
Keysight
KEYS
$52.9B
| $19.4M | 0.01% |
231,400
+55,400
| +31% | +$5.26M |
|
1181
CALL
Eversource Energy
ES
$26.8B
| $19.4M | 0.01% |
247,500
+6,700
| +3% | +$588K |
|
1182
State Street SPDR Portfolio Intermediate Term Corporate Bond ETF
SPIB
$11.6B
| $19.3M | 0.01% |
+566,497
| New | +$19.9M |
|
1183
PUT
Stellantis
STLA
$19.7B
| $19.2M | 0.01% |
2,677,100
+600,700
| +29% | +$7.12M |
|
|
CHNG
1184
DELISTED
Change Healthcare Inc. Common Stock
CHNG
| $19.2M | 0.01% |
1,926,283
+1,810,293
| +1,561% | +$25.3M |
|
1185
PUT
Williams Companies
WMB
$86.8B
| $19.2M | 0.01% |
1,357,700
-16,600
| -1% | -$321K |
|
1186
CALL
Equifax
EFX
$22.9B
| $19.2M | 0.01% |
160,800
-70,000
| -30% | -$10.2M |
|
1187
Lyft
LYFT
$6.69B
| $19.2M | 0.01% |
714,942
-689,323
| -49% | -$27.4M |
|
|
KL
1188
DELISTED
Kirkland Lake Gold Ltd Ordinary
KL
| $19.2M | 0.01% |
648,273
+146,170
| +29% | +$5.35M |
|
1189
VanEck Semiconductor ETF
SMH
$64.8B
| $19.2M | 0.01% |
326,992
+182,168
| +126% | +$12.3M |
|
1190
PUT
iShares US Medical Devices ETF
IHI
$3.45B
| $19.1M | 0.01% |
508,800
+370,200
| +267% | +$15.6M |
|
|
LSI
1191
PUT
DELISTED
Life Storage, Inc.
LSI
| $19M | 0.01% |
301,650
+111,300
| +58% | +$7.95M |
|
1192
State Street SPDR S&P Retail ETF
XRT
$329M
| $18.9M | 0.01% |
636,017
+506,507
| +391% | +$20.5M |
|
1193
CALL
Post Holdings
POST
$3.73B
| $18.9M | 0.01% |
347,926
+101,001
| +41% | +$6.56M |
|
1194
PUT
D.R. Horton
DHI
$41.7B
| $18.9M | 0.01% |
555,200
-477,600
| -46% | -$24.8M |
|
1195
ASML
ASML
$668B
| $18.9M | 0.01% |
72,134
+58,420
| +426% | +$16.6M |
|
1196
PUT
iShares US Home Construction ETF
ITB
$2.28B
| $18.9M | 0.01% |
652,300
+255,600
| +64% | +$10.9M |
|
1197
PUT
Markel Group
MKL
$22.5B
| $18.8M | 0.01% |
20,300
+10,500
| +107% | +$12M |
|
1198
CALL
Direxion Daily S&P 500 Bull 3x ETF
SPXL
$6.82B
| $18.8M | 0.01% |
722,500
+459,500
| +175% | +$25.9M |
|
1199
PUT
BHP
BHP
$247B
| $18.8M | 0.01% |
574,176
+268,479
| +88% | +$11.2M |
|
1200
PUT
Monster Beverage
MNST
$95.8B
| $18.8M | 0.01% |
1,336,000
-786,000
| -37% | -$12.6M |
|
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.