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 | |
|---|---|---|---|---|---|---|
1226
iQIYI
IQ
$975M
| $18.1M | 0.01% |
1,016,433
+924,901
| +1,010% | +$20.8M |
|
1227
PUT
STMicroelectronics
STM
$44B
| $18.1M | 0.01% |
846,100
+389,100
| +85% | +$10.3M |
|
1228
CALL
AngloGold Ashanti
AU
$60.9B
| $18.1M | 0.01% |
1,087,100
-179,200
| -14% | -$3.52M |
|
1229
CALL
Vulcan Materials
VMC
$35.8B
| $18M | 0.01% |
167,000
-36,500
| -18% | -$4.66M |
|
|
VMRK
1230
CALL
Vivmark Residential
VMRK
$25.5B
| $18M | 0.01% |
292,400
+5,200
| +2% | +$402K |
|
1231
CALL
Cardinal Health
CAH
$54B
| $18M | 0.01% |
376,300
-216,000
| -36% | -$11.2M |
|
1232
CALL
Prologis
PLD
$136B
| $18M | 0.01% |
223,900
-159,300
| -42% | -$13.9M |
|
1233
Albemarle
ALB
$16.7B
| $18M | 0.01% |
318,992
-173,739
| -35% | -$13.3M |
|
|
MRTX
1234
CALL
DELISTED
Mirati Therapeutics, Inc. Common Stock
MRTX
| $18M | 0.01% |
233,900
+15,200
| +7% | +$1.36M |
|
1235
BioMarin Pharmaceuticals
BMRN
$12.6B
| $18M | 0.01% |
212,744
-383,070
| -64% | -$33M |
|
1236
PUT
Norwegian Cruise Line
NCLH
$7.91B
| $18M | 0.01% |
1,638,900
+1,440,700
| +727% | +$57.9M |
|
1237
CALL
Pan American Silver
PAAS
$22.2B
| $17.9M | 0.01% |
1,250,900
-739,000
| -37% | -$15.3M |
|
1238
Nutanix
NTNX
$18B
| $17.9M | 0.01% |
1,133,900
+452,933
| +67% | +$12.7M |
|
1239
CALL
Vanguard High Dividend Yield ETF
VYM
$83.2B
| $17.9M | 0.01% |
253,000
+119,300
| +89% | +$10.2M |
|
1240
CALL
Charles River Laboratories
CRL
$14.3B
| $17.9M | 0.01% |
141,800
+87,800
| +163% | +$13.2M |
|
1241
Ionis Pharmaceuticals
IONS
$10.3B
| $17.9M | 0.01% |
378,493
+220,271
| +139% | +$12.3M |
|
1242
iShares Core S&P Small-Cap ETF
IJR
$111B
| $17.9M | 0.01% |
+318,898
| New | +$23.8M |
|
|
MMP
1243
CALL
DELISTED
Magellan Midstream Partners, L.P.
MMP
| $17.9M | 0.01% |
489,700
+234,300
| +92% | +$12.6M |
|
1244
Peabody Energy
BTU
$3.4B
| $17.8M | 0.01% |
6,154,329
-13,081
| -0.2% | -$83.7K |
|
1245
PUT
Credit Acceptance
CACC
$6.26B
| $17.8M | 0.01% |
69,800
+2,000
| +3% | +$807K |
|
|
FRC
1246
CALL
DELISTED
First Republic Bank
FRC
| $17.8M | 0.01% |
216,100
+116,300
| +117% | +$12.3M |
|
1247
PUT
ProShares Trust UltraShort Lehman 20+ Year Treasury
TBT
$301M
| $17.7M | 0.01% |
1,102,500
-215,100
| -16% | -$4.66M |
|
|
RDS.B
1248
PUT
DELISTED
Royal Dutch Shell PLC ADS Class B
RDS.B
| $17.7M | 0.01% |
542,800
+222,500
| +69% | +$10.4M |
|
1249
iShares MSCI USA Value Factor ETF
VLUE
$9.72B
| $17.6M | 0.01% |
+279,876
| New | +$22.6M |
|
1250
Autodesk
ADSK
$53.7B
| $17.6M | 0.01% |
112,853
-218,892
| -66% | -$40.2M |
|
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.