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 |
Invesco QQQ Trust
QQQ
|
+$2.33B |
| 2 |
iShares Russell 2000 ETF
IWM
|
+$1.22B |
| 3 |
JPMorgan Chase
JPM
|
+$761M |
| 4 |
Bank of America
BAC
|
+$427M |
| 5 |
Alibaba
BABA
|
+$327M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$2.49B |
| 2 |
Apple
AAPL
|
+$1.26B |
| 3 |
Microsoft
MSFT
|
+$685M |
| 4 |
Tesla
TSLA
|
+$478M |
| 5 |
Netflix
NFLX
|
+$297M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 1.62% |
| 2 | Communication Services | 1.38% |
| 3 | Financials | 1.25% |
| 4 | Consumer Discretionary | 1.12% |
| 5 | Healthcare | 0.92% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
1226
PUT
Annaly Capital Management
NLY
$17.4B
| $25.1M | 0.01% |
958,425
+711,150
| +288% | +$17.6M |
|
1227
CALL
Vanguard Dividend Appreciation ETF
VIG
$114B
| $25.1M | 0.01% |
214,600
+122,100
| +132% | +$13.9M |
|
1228
PUT
Tandem Diabetes Care
TNDM
$1.5B
| $25.1M | 0.01% |
254,100
+22,300
| +10% | +$1.78M |
|
1229
CALL
W.W. Grainger
GWW
$61.3B
| $25.1M | 0.01% |
80,000
-26,500
| -25% | -$7.66M |
|
1230
PUT
Keysight
KEYS
$54.5B
| $25.1M | 0.01% |
249,100
-52,900
| -18% | -$5.19M |
|
1231
PUT
CRISPR Therapeutics
CRSP
$5.89B
| $25.1M | 0.01% |
341,300
+124,900
| +58% | +$7.3M |
|
1232
CALL
PG&E
PCG
$40.4B
| $25.1M | 0.01% |
2,827,000
-542,300
| -16% | -$5.91M |
|
1233
CALL
Ubiquiti
UI
$34.9B
| $25.1M | 0.01% |
143,500
+42,400
| +42% | +$7.11M |
|
|
VMRK
1234
CALL
Vivmark Residential
VMRK
$27B
| $25M | 0.01% |
424,900
+132,500
| +45% | +$8.21M |
|
1235
PUT
AGNC Investment
AGNC
$12.9B
| $25M | 0.01% |
1,936,800
+1,081,500
| +126% | +$13.6M |
|
1236
Linde
LIN
$225B
| $24.8M | 0.01% |
116,699
+110,722
| +1,852% | +$21.4M |
|
1237
CALL
Fair Isaac
FICO
$24.6B
| $24.7M | 0.01% |
59,200
+7,500
| +15% | +$2.74M |
|
1238
CALL
First Solar
FSLR
$22.2B
| $24.7M | 0.01% |
499,500
-422,000
| -46% | -$18.8M |
|
1239
PUT
Sysco
SYY
$40B
| $24.7M | 0.01% |
451,800
+213,600
| +90% | +$11.2M |
|
1240
PUT
Markel Group
MKL
$22.4B
| $24.6M | 0.01% |
26,700
+6,400
| +32% | +$5.82M |
|
|
FL
1241
CALL
DELISTED
Foot Locker
FL
| $24.6M | 0.01% |
844,200
-484,300
| -36% | -$12.8M |
|
1242
CALL
Direxion Daily Gold Miners Index Bear 2X ETF
DUST
$64.4M
| $24.6M | 0.01% |
9,872
+9,179
| +1,325% | +$31.5M |
|
|
CLDR
1243
PUT
DELISTED
Cloudera, Inc.
CLDR
| $24.5M | 0.01% |
1,929,900
+730,200
| +61% | +$7.02M |
|
1244
Humana
HUM
$46.8B
| $24.5M | 0.01% |
63,168
+4,533
| +8% | +$1.7M |
|
|
XIFR
1245
PUT
XPLR Infrastructure LP
XIFR
$1.1B
| $24.5M | 0.01% |
477,000
+21,600
| +5% | +$1.05M |
|
1246
PUT
Royal Gold
RGLD
$22.7B
| $24.5M | 0.01% |
196,700
-11,000
| -5% | -$1.33M |
|
1247
CALL
Rockwell Automation
ROK
$47.7B
| $24.4M | 0.01% |
114,600
-7,200
| -6% | -$1.39M |
|
1248
CALL
Cheniere Energy
LNG
$57.6B
| $24.4M | 0.01% |
505,100
-348,600
| -41% | -$15.2M |
|
1249
PUT
Alcoa
AA
$13.5B
| $24.4M | 0.01% |
2,170,600
-659,100
| -23% | -$5.89M |
|
1250
CALL
Martin Marietta Materials
MLM
$37.8B
| $24.3M | 0.01% |
117,700
-17,200
| -13% | -$3.31M |
|
Similar funds
Jeff Yass's Q2 2020 Portfolio in Review
As of Q2 2020, Jeff Yass held 11,586 positions worth $415B, up 32% from $314B the previous quarter. Its ten largest holdings account for 30% of the portfolio.
Jeff Yass's Q2 2020 filing shows 1,443 new, 4,471 increased, 4,026 reduced and 1,558 closed positions. Its largest new stake was VelocityShares 3x Long Natural Gas ETN linked to the S&P GSCI Natural Gas Index ER due February 9, 2: 1,220,649 shares worth $12.4M. The largest sale was State Street SPDR S&P 500 ETF Trust, an estimated $2.49B.
By sector, the portfolio is most concentrated in Technology at 1.6% of assets, down from 2% a quarter earlier, followed by Communication Services and Financials.
- Jeff Yass's largest Q2 2020 buy was VelocityShares 3x Long Natural Gas ETN linked to the S&P GSCI Natural Gas Index ER due February 9, 2: 1,220,649 shares worth $12.4M.
- Jeff Yass added most to Invesco QQQ Trust in Q2 2020, an estimated $2.33B increase.
- Jeff Yass's biggest Q2 2020 reduction was State Street SPDR S&P 500 ETF Trust, cutting an estimated $2.49B.
- Jeff Yass fully exited iPath Series B S&P 500 VIX Short-Term Futures ETN in Q2 2020, selling an estimated $119M.
- Jeff Yass's ten largest holdings make up 30% of its $415B portfolio in Q2 2020.
- Jeff Yass opened 1,443 new positions and closed 1,558 in Q2 2020.
- Jeff Yass's portfolio value rose 32% quarter-over-quarter to $415B.
Based on Susquehanna International Group's 13F filing for Q2 2020, filed 14 Aug 2020.