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 | |
|---|---|---|---|---|---|---|
1201
PUT
Tandem Diabetes Care
TNDM
$1.5B
| $28.1M | 0.01% |
247,200
-6,900
| -3% | -$725K |
|
1202
CALL
McKesson
MCK
$106B
| $28M | 0.01% |
188,200
+95,500
| +103% | +$14.5M |
|
1203
CALL
BHP
BHP
$251B
| $28M | 0.01% |
607,582
-392,686
| -39% | -$18.9M |
|
1204
L3Harris
LHX
$48.8B
| $28M | 0.01% |
164,887
-105,306
| -39% | -$18.5M |
|
|
SIX
1205
CALL
DELISTED
Six Flags Entertainment Corp.
SIX
| $28M | 0.01% |
1,379,000
+560,800
| +69% | +$11.5M |
|
1206
CALL
Elastic
ESTC
$8.36B
| $28M | 0.01% |
259,400
-73,200
| -22% | -$7.19M |
|
1207
CALL
Enterprise Products Partners
EPD
$82.6B
| $27.9M | 0.01% |
1,765,000
-28,000
| -2% | -$491K |
|
|
1208
PUT
BHP
BHP
$251B
| $27.9M | 0.01% |
603,995
+36,208
| +6% | +$1.74M |
|
1209
iShares MSCI EAFE Min Vol Factor ETF
EFAV
$5.55B
| $27.8M | 0.01% |
408,759
+374,618
| +1,097% | +$25.5M |
|
1210
CALL
Parker-Hannifin
PH
$128B
| $27.8M | 0.01% |
137,600
+19,900
| +17% | +$3.91M |
|
1211
CALL
Medifast
MED
$136M
| $27.7M | 0.01% |
168,600
+135,300
| +406% | +$22.3M |
|
|
GRUB
1212
PUT
DELISTED
Just Eat Takeaway.com N.V. American Depositary Shares
GRUB
| $27.7M | 0.01% |
191,150
-195,250
| -51% | -$28.2M |
|
1213
PUT
Live Nation Entertainment
LYV
$43.5B
| $27.6M | 0.01% |
513,100
-211,900
| -29% | -$10.9M |
|
1214
PUT
Sysco
SYY
$40B
| $27.5M | 0.01% |
441,700
-10,100
| -2% | -$588K |
|
1215
PUT
Deckers Outdoor
DECK
$12.1B
| $27.5M | 0.01% |
748,800
-85,800
| -10% | -$2.97M |
|
|
JOYY
1216
PUT
JOYY Inc
JOYY
$3.78B
| $27.4M | 0.01% |
339,500
-155,600
| -31% | -$12.8M |
|
|
ANSS
1217
CALL
DELISTED
Ansys
ANSS
| $27.3M | 0.01% |
83,500
-3,200
| -4% | -$1M |
|
|
EA
1218
DELISTED
Electronic Arts
EA
| $27.3M | 0.01% |
209,338
-17,441
| -8% | -$2.38M |
|
|
1219
CALL
L3Harris
LHX
$48.8B
| $27.2M | 0.01% |
160,400
-81,000
| -34% | -$14.2M |
|
1220
CALL
NetApp
NTAP
$36.8B
| $27.2M | 0.01% |
620,900
+369,400
| +147% | +$16.1M |
|
|
SPLK
1221
DELISTED
Splunk Inc
SPLK
| $27.1M | 0.01% |
144,291
+63,565
| +79% | +$12.7M |
|
1222
Charter Communications
CHTR
$18.5B
| $27.1M | 0.01% |
43,459
-15,795
| -27% | -$9.32M |
|
1223
HSBC
HSBC
$358B
| $27.1M | 0.01% |
1,385,463
+555,249
| +67% | +$12.2M |
|
|
SCHW
1224
Charles Schwab
SCHW
$194B
| $27.1M | 0.01% |
747,593
-326,930
| -30% | -$11.4M |
|
1225
DexCom
DXCM
$33.6B
| $27M | 0.01% |
261,844
-386,956
| -60% | -$40.4M |
|
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.