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 | |
|---|---|---|---|---|---|---|
1251
PUT
MSCI
MSCI
$41.1B
| $26.1M | 0.01% |
73,100
-131,800
| -64% | -$47.8M |
|
1252
First Solar
FSLR
$22.2B
| $26M | 0.01% |
392,021
+31,636
| +9% | +$2.1M |
|
1253
CALL
XP
XP
$9.2B
| $25.9M | 0.01% |
621,900
-13,600
| -2% | -$621K |
|
1254
CALL
Fastenal
FAST
$57.9B
| $25.9M | 0.01% |
1,148,400
-323,000
| -22% | -$7.42M |
|
1255
PUT
Alcoa
AA
$13.4B
| $25.9M | 0.01% |
2,226,200
+55,600
| +3% | +$746K |
|
|
GWPH
1256
PUT
DELISTED
GW Pharmaceuticals Plc American Depositary Shares
GWPH
| $25.9M | 0.01% |
265,900
+79,500
| +43% | +$9.15M |
|
1257
PUT
Ross Stores
ROST
$77.4B
| $25.9M | 0.01% |
277,100
-25,100
| -8% | -$2.25M |
|
1258
CALL
Regions Financial
RF
$26B
| $25.9M | 0.01% |
2,242,300
-637,600
| -22% | -$7.11M |
|
1259
PUT
Planet Fitness
PLNT
$3.95B
| $25.9M | 0.01% |
419,500
-251,700
| -38% | -$14.5M |
|
1260
PUT
Annaly Capital Management
NLY
$17.4B
| $25.8M | 0.01% |
907,625
-50,800
| -5% | -$1.47M |
|
1261
CALL
ArcelorMittal
MT
$56.7B
| $25.8M | ﹤0.01% |
1,948,700
-217,000
| -10% | -$2.61M |
|
1262
Home Depot
HD
$336B
| $25.8M | ﹤0.01% |
92,827
-57,784
| -38% | -$15.7M |
|
1263
IBM
IBM
$219B
| $25.8M | ﹤0.01% |
221,587
-797,488
| -78% | -$93.9M |
|
1264
iShares MSCI World ETF
URTH
$8.24B
| $25.7M | ﹤0.01% |
258,474
+106,929
| +71% | +$10.5M |
|
1265
PUT
Akamai
AKAM
$15.4B
| $25.7M | ﹤0.01% |
232,400
+50,500
| +28% | +$5.61M |
|
1266
CALL
ProShares Ultra QQQ
QLD
$13.8B
| $25.7M | ﹤0.01% |
1,121,200
+134,800
| +14% | +$2.97M |
|
|
NVTA
1267
DELISTED
Invitae Corporation
NVTA
| $25.6M | ﹤0.01% |
590,517
-780,618
| -57% | -$26.6M |
|
1268
Sunrun
RUN
$2.21B
| $25.6M | ﹤0.01% |
331,807
+301,755
| +1,004% | +$14.2M |
|
|
GOOS
1269
CALL
Canada Goose Holdings
GOOS
$810M
| $25.5M | ﹤0.01% |
793,300
+171,700
| +28% | +$4.23M |
|
|
MASI
1270
CALL
DELISTED
Masimo
MASI
| $25.5M | ﹤0.01% |
108,000
+37,200
| +53% | +$8.34M |
|
1271
CALL
CRISPR Therapeutics
CRSP
$5.8B
| $25.5M | ﹤0.01% |
304,600
-13,100
| -4% | -$1.16M |
|
1272
eBay
EBAY
$47.1B
| $25.4M | ﹤0.01% |
488,481
-94,891
| -16% | -$5.23M |
|
1273
PUT
KKR & Co
KKR
$96.5B
| $25.4M | ﹤0.01% |
738,600
+166,800
| +29% | +$5.83M |
|
1274
CALL
TAL Education Group
TAL
$6.52B
| $25.3M | ﹤0.01% |
333,100
-459,400
| -58% | -$34.6M |
|
1275
iShare MSCI Eurozone ETF
EZU
$9.98B
| $25.3M | ﹤0.01% |
666,338
+466,153
| +233% | +$18.1M |
|
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.