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 | |
|---|---|---|---|---|---|---|
|
MNTA
1226
PUT
DELISTED
Momenta Pharmaceuticals, Inc.
MNTA
| $27M | 0.01% |
513,700
+498,800
| +3,348% | +$20.6M |
|
1227
CALL
ARK Innovation ETF
ARKK
$6.56B
| $26.9M | 0.01% |
291,900
+262,000
| +876% | +$22.4M |
|
1228
PUT
Chegg
CHGG
$86.2M
| $26.8M | 0.01% |
375,600
+27,400
| +8% | +$2.02M |
|
|
FTCH
1229
PUT
DELISTED
Farfetch Limited Class A Ordinary Shares
FTCH
| $26.8M | 0.01% |
1,066,100
-561,800
| -35% | -$13.9M |
|
1230
PUT
BioMarin Pharmaceuticals
BMRN
$12.7B
| $26.8M | 0.01% |
351,900
+39,800
| +13% | +$4.03M |
|
1231
PUT
Synchrony
SYF
$26.2B
| $26.7M | 0.01% |
1,021,200
+336,600
| +49% | +$8.18M |
|
1232
PUT
Stellantis
STLA
$19.8B
| $26.7M | 0.01% |
2,184,800
+268,700
| +14% | +$2.99M |
|
1233
CALL
Teck Resources
TECK
$35B
| $26.7M | 0.01% |
1,916,200
+264,800
| +16% | +$3.14M |
|
1234
CALL
Cognizant
CTSH
$27.7B
| $26.7M | 0.01% |
384,100
-8,200
| -2% | -$534K |
|
1235
CALL
Rockwell Automation
ROK
$48.1B
| $26.7M | 0.01% |
120,800
+6,200
| +5% | +$1.39M |
|
1236
PUT
Dominion Energy
D
$59B
| $26.6M | 0.01% |
337,500
-390,000
| -54% | -$30.6M |
|
1237
PUT
Alnylam Pharmaceuticals
ALNY
$32.2B
| $26.6M | 0.01% |
182,800
+39,300
| +27% | +$5.58M |
|
1238
Kinross Gold
KGC
$39B
| $26.6M | 0.01% |
3,014,215
+1,248,286
| +71% | +$10.8M |
|
1239
CALL
iShares 1-3 Year Treasury Bond ETF
SHY
$25.4B
| $26.6M | 0.01% |
307,000
+291,600
| +1,894% | +$25.2M |
|
1240
CALL
SBA Communications
SBAC
$19.9B
| $26.5M | 0.01% |
83,200
+45,000
| +118% | +$13.8M |
|
1241
PUT
ProShares Ultra S&P500
SSO
$8.4B
| $26.5M | 0.01% |
1,441,600
-653,600
| -31% | -$11.8M |
|
1242
CALL
Fiverr
FVRR
$342M
| $26.4M | 0.01% |
190,100
+34,600
| +22% | +$3.71M |
|
1243
PUT
Canadian Solar
CSIQ
$956M
| $26.4M | 0.01% |
751,500
+569,300
| +312% | +$15.2M |
|
1244
Kroger
KR
$35.8B
| $26.3M | 0.01% |
776,292
+428,569
| +123% | +$14.8M |
|
1245
Franco-Nevada
FNV
$51.8B
| $26.3M | 0.01% |
188,250
+185,794
| +7,565% | +$27.6M |
|
1246
PUT
Guardant Health
GH
$22.2B
| $26.3M | 0.01% |
235,000
-36,700
| -14% | -$3.36M |
|
1247
CALL
BioNTech
BNTX
$28.4B
| $26.2M | 0.01% |
378,700
+296,800
| +362% | +$21.3M |
|
1248
PUT
iShares TIPS Bond ETF
TIP
$15B
| $26.2M | 0.01% |
207,000
+73,400
| +55% | +$9.22M |
|
1249
CALL
Scotiabank
BNS
$114B
| $26.2M | 0.01% |
630,300
-348,800
| -36% | -$14.6M |
|
|
CMRC
1250
PUT
Commerce.com Inc Series 1
CMRC
$191M
| $26.1M | 0.01% |
+313,600
| New | +$27.4M |
|
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.