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 | |
|---|---|---|---|---|---|---|
1201
Check Point Software Technologies
CHKP
$13.3B
| $18.6M | 0.01% |
185,482
+75,658
| +69% | +$8.1M |
|
|
ETFC
1202
PUT
DELISTED
E*Trade Financial Corporation
ETFC
| $18.6M | 0.01% |
542,900
-1,224,800
| -69% | -$51.8M |
|
1203
PUT
Cognizant
CTSH
$28B
| $18.6M | 0.01% |
400,900
+282,700
| +239% | +$16.8M |
|
1204
Neurocrine Biosciences
NBIX
$15.6B
| $18.6M | 0.01% |
215,235
+193,477
| +889% | +$18.9M |
|
1205
CALL
Akamai
AKAM
$15.2B
| $18.6M | 0.01% |
203,500
+34,300
| +20% | +$3.18M |
|
1206
PUT
Ross Stores
ROST
$77.5B
| $18.6M | 0.01% |
213,800
+127,700
| +148% | +$13.6M |
|
1207
CALL
Direxion Daily Gold Miners Index Bull 2X ETF
NUGT
$1.52B
| $18.5M | 0.01% |
545,440
+28,300
| +5% | +$3.74M |
|
|
CRON
1208
PUT
Cronos Group
CRON
$1.26B
| $18.5M | 0.01% |
3,264,800
-13,600
| -0.4% | -$90.4K |
|
1209
CALL
AGNC Investment
AGNC
$13B
| $18.5M | 0.01% |
1,748,800
+990,500
| +131% | +$16.5M |
|
1210
CALL
Oneok
OKE
$58.6B
| $18.5M | 0.01% |
848,200
+325,000
| +62% | +$19.8M |
|
1211
Danaher
DHR
$151B
| $18.5M | 0.01% |
150,692
-34,048
| -18% | -$4.59M |
|
|
SIVB
1212
PUT
DELISTED
SVB Financial Group
SIVB
| $18.4M | 0.01% |
121,900
+12,100
| +11% | +$2.66M |
|
1213
Humana
HUM
$46.4B
| $18.4M | 0.01% |
58,635
-16,230
| -22% | -$5.47M |
|
|
JNPR
1214
DELISTED
Juniper Networks
JNPR
| $18.4M | 0.01% |
961,994
+715,214
| +290% | +$16.1M |
|
1215
CALL
Rockwell Automation
ROK
$47.7B
| $18.4M | 0.01% |
121,800
+21,400
| +21% | +$3.97M |
|
1216
PUT
Consolidated Edison
ED
$39.8B
| $18.4M | 0.01% |
235,600
+130,600
| +124% | +$11.5M |
|
1217
General Dynamics
GD
$104B
| $18.3M | 0.01% |
138,593
+58,973
| +74% | +$9.8M |
|
1218
Thermo Fisher Scientific
TMO
$232B
| $18.2M | 0.01% |
64,346
-44,619
| -41% | -$14.1M |
|
1219
PUT
Royal Gold
RGLD
$22.3B
| $18.2M | 0.01% |
207,700
-78,100
| -27% | -$8.06M |
|
1220
PUT
Copart
CPRT
$30.8B
| $18.2M | 0.01% |
1,062,400
+694,800
| +189% | +$15.5M |
|
1221
PUT
Tractor Supply
TSCO
$18.7B
| $18.2M | 0.01% |
1,076,000
+152,500
| +17% | +$2.74M |
|
|
UN
1222
CALL
DELISTED
Unilever NV New York Registry Shares
UN
| $18.2M | 0.01% |
372,900
+121,500
| +48% | +$6.64M |
|
1223
CALL
Agilent Technologies
A
$43.3B
| $18.2M | 0.01% |
254,000
-4,600
| -2% | -$369K |
|
|
BHVN
1224
CALL
DELISTED
Biohaven Pharmaceutical Holding Company Ltd.
BHVN
| $18.2M | 0.01% |
534,000
+107,700
| +25% | +$4.92M |
|
|
WWE
1225
CALL
DELISTED
World Wrestling Entertainment
WWE
| $18.1M | 0.01% |
534,800
-334,400
| -38% | -$16.2M |
|
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.