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 | |
|---|---|---|---|---|---|---|
1251
CALL
Canadian Pacific Kansas City
CP
$83.2B
| $17.6M | 0.01% |
401,000
-534,000
| -57% | -$26.3M |
|
1252
PUT
Lennar Class A
LEN
$21.2B
| $17.6M | 0.01% |
475,697
-67,558
| -12% | -$3.82M |
|
1253
iShares MSCI EAFE Min Vol Factor ETF
EFAV
$5.53B
| $17.6M | 0.01% |
283,347
-732,134
| -72% | -$51.4M |
|
1254
PUT
Post Holdings
POST
$3.73B
| $17.6M | 0.01% |
323,783
+137,978
| +74% | +$8.97M |
|
1255
PUT
Molina Healthcare
MOH
$10.4B
| $17.6M | 0.01% |
125,800
-12,900
| -9% | -$1.73M |
|
1256
CALL
MarketAxess Holdings
MKTX
$5.72B
| $17.6M | 0.01% |
52,800
+31,000
| +142% | +$10.8M |
|
|
AMTD
1257
PUT
DELISTED
TD Ameritrade Holding Corp
AMTD
| $17.5M | 0.01% |
505,300
-472,900
| -48% | -$20.6M |
|
1258
Marathon Petroleum
MPC
$102B
| $17.4M | 0.01% |
738,112
+336,299
| +84% | +$15.5M |
|
1259
PUT
Alcoa
AA
$13B
| $17.4M | 0.01% |
2,829,700
+691,100
| +32% | +$9.48M |
|
1260
Paychex
PAYX
$44.8B
| $17.4M | 0.01% |
276,938
+196,480
| +244% | +$15.7M |
|
1261
CALL
Tyler Technologies
TYL
$14.6B
| $17.3M | 0.01% |
58,400
-45,500
| -44% | -$14.1M |
|
|
WRK
1262
CALL
DELISTED
WestRock Company
WRK
| $17.3M | 0.01% |
612,300
+467,100
| +322% | +$16.8M |
|
1263
TransUnion
TRU
$16.3B
| $17.3M | 0.01% |
261,330
+133,105
| +104% | +$11.5M |
|
1264
Johnson & Johnson
JNJ
$658B
| $17.3M | 0.01% |
131,787
-560,455
| -81% | -$79.5M |
|
1265
PUT
Whirlpool
WHR
$2.62B
| $17.3M | 0.01% |
201,300
-384,600
| -66% | -$50.5M |
|
|
RAD
1266
CALL
DELISTED
Rite Aid Corporation
RAD
| $17.3M | 0.01% |
1,150,200
+336,200
| +41% | +$4.7M |
|
|
AMRN
1267
Amarin Corp
AMRN
$292M
| $17.2M | 0.01% |
215,569
-13,017
| -6% | -$4.32M |
|
1268
CALL
Knight Transportation
KNX
$11.2B
| $17.2M | 0.01% |
525,300
+244,400
| +87% | +$8.64M |
|
|
NVRO
1269
CALL
DELISTED
NEVRO CORP.
NVRO
| $17.2M | 0.01% |
172,300
+71,500
| +71% | +$8.6M |
|
1270
Regeneron Pharmaceuticals
REGN
$85.3B
| $17.2M | 0.01% |
35,233
-28,736
| -45% | -$11.9M |
|
1271
CALL
M&T Bank
MTB
$34.9B
| $17.2M | 0.01% |
166,300
+58,000
| +54% | +$8.53M |
|
|
S
1272
DELISTED
Sprint Corporation
S
| $17.2M | 0.01% |
1,994,439
+763,299
| +62% | +$5.36M |
|
1273
CALL
Direxion Daily Small Cap Bull 3x ETF
TNA
$1.29B
| $17.1M | 0.01% |
1,035,700
+662,100
| +177% | +$36M |
|
1274
CALL
WisdomTree Japan Hedged Equity Fund
DXJ
$7.22B
| $17.1M | 0.01% |
391,500
+222,800
| +132% | +$10.9M |
|
1275
PUT
Vodafone
VOD
$36.9B
| $17.1M | 0.01% |
1,239,400
-325,900
| -21% | -$5.82M |
|
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.