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 | |
|---|---|---|---|---|---|---|
1251
PUT
HDFC Bank
HDB
$121B
| $24.3M | 0.01% |
1,067,000
+377,600
| +55% | +$7.75M |
|
1252
CALL
Canadian Imperial Bank of Commerce
CM
$105B
| $24.2M | 0.01% |
723,600
+53,600
| +8% | +$1.67M |
|
1253
CALL
Deckers Outdoor
DECK
$12.1B
| $24.1M | 0.01% |
737,400
-414,000
| -36% | -$11.4M |
|
1254
CALL
Paychex
PAYX
$44.5B
| $24.1M | 0.01% |
318,000
-409,800
| -56% | -$28.4M |
|
1255
Equinix
EQIX
$106B
| $24.1M | 0.01% |
34,282
-10,848
| -24% | -$7.34M |
|
1256
PUT
Fox Class A
FOXA
$29.6B
| $24.1M | 0.01% |
897,700
+419,700
| +88% | +$11.3M |
|
1257
CALL
Workhorse Group
WKHS
$34.3M
| $24M | 0.01% |
461
+430
| +1,387% | +$4.66M |
|
1258
Take-Two Interactive
TTWO
$43.6B
| $23.9M | 0.01% |
171,511
-64,809
| -27% | -$8.48M |
|
1259
PUT
Five Below
FIVE
$14.3B
| $23.9M | 0.01% |
223,900
-118,200
| -35% | -$11.1M |
|
1260
CALL
Conagra Brands
CAG
$7.81B
| $23.9M | 0.01% |
679,600
-16,800
| -2% | -$560K |
|
1261
CALL
Direxion Daily S&P 500 Bull 3x ETF
SPXL
$6.88B
| $23.9M | 0.01% |
570,800
-151,700
| -21% | -$5.57M |
|
1262
CALL
Zebra Technologies
ZBRA
$17.1B
| $23.9M | 0.01% |
93,200
+48,500
| +109% | +$11.4M |
|
1263
Under Armour Class C
UA
$2.15B
| $23.8M | 0.01% |
2,697,678
+1,734,768
| +180% | +$14.7M |
|
1264
PUT
Progressive
PGR
$129B
| $23.8M | 0.01% |
297,500
+71,900
| +32% | +$5.61M |
|
1265
PUT
Lennox International
LII
$13.4B
| $23.8M | 0.01% |
102,200
-39,000
| -28% | -$7.88M |
|
|
GAP
1266
The Gap Inc
GAP
$7.25B
| $23.8M | 0.01% |
1,886,445
+537,685
| +40% | +$4.84M |
|
1267
PUT
Nucor
NUE
$56.2B
| $23.8M | 0.01% |
573,900
+8,900
| +2% | +$360K |
|
1268
CALL
Vanguard High Dividend Yield ETF
VYM
$83.1B
| $23.8M | 0.01% |
301,600
+48,600
| +19% | +$3.78M |
|
1269
Agnico Eagle Mines
AEM
$113B
| $23.7M | 0.01% |
370,733
-121,759
| -25% | -$7.21M |
|
1270
PUT
Welltower
WELL
$174B
| $23.7M | 0.01% |
457,800
+209,500
| +84% | +$10.3M |
|
1271
CALL
APA Corp
APA
$14.5B
| $23.7M | 0.01% |
1,752,200
+402,800
| +30% | +$4.6M |
|
1272
CALL
T. Rowe Price
TROW
$24.1B
| $23.6M | 0.01% |
191,300
-220,200
| -54% | -$25.1M |
|
|
ABMD
1273
PUT
DELISTED
Abiomed Inc
ABMD
| $23.6M | 0.01% |
97,800
-172,300
| -64% | -$34.6M |
|
1274
CALL
Incyte
INCY
$26.3B
| $23.6M | 0.01% |
227,100
+8,800
| +4% | +$848K |
|
1275
PUT
Molina Healthcare
MOH
$10.4B
| $23.6M | 0.01% |
132,600
+6,800
| +5% | +$1.16M |
|
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.