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 | |
|---|---|---|---|---|---|---|
|
GWPH
1276
DELISTED
GW Pharmaceuticals Plc American Depositary Shares
GWPH
| $17M | 0.01% |
194,676
-132,312
| -40% | -$14M |
|
|
S
1277
PUT
DELISTED
Sprint Corporation
S
| $17M | 0.01% |
1,977,400
-1,811,200
| -48% | -$12.7M |
|
1278
Microchip Technology
MCHP
$40.3B
| $17M | 0.01% |
501,884
+117,282
| +30% | +$5.52M |
|
1279
PUT
J.M. Smucker
SJM
$13.5B
| $17M | 0.01% |
153,200
-113,400
| -43% | -$12.1M |
|
1280
New Oriental
EDU
$8.97B
| $17M | 0.01% |
157,028
+105,588
| +205% | +$13.6M |
|
1281
PUT
First Trust Dow Jones Internet Index Fund ETF
FDN
$5.29B
| $16.9M | 0.01% |
136,900
+50,200
| +58% | +$6.96M |
|
1282
PUT
Exelon
EXC
$45.7B
| $16.9M | 0.01% |
644,079
+337,462
| +110% | +$10.6M |
|
1283
American Electric Power
AEP
$66.4B
| $16.9M | 0.01% |
211,258
+89,528
| +74% | +$8.47M |
|
1284
CALL
TransDigm Group
TDG
$66.3B
| $16.9M | 0.01% |
52,700
-43,600
| -45% | -$23.7M |
|
|
UN
1285
PUT
DELISTED
Unilever NV New York Registry Shares
UN
| $16.9M | 0.01% |
345,800
+225,000
| +186% | +$12.3M |
|
|
XIFR
1286
XPLR Infrastructure LP
XIFR
$1.06B
| $16.8M | 0.01% |
+391,475
| New | +$20.7M |
|
1287
PUT
Equifax
EFX
$22.9B
| $16.8M | 0.01% |
140,700
+54,800
| +64% | +$7.97M |
|
1288
PUT
LendingTree
TREE
$435M
| $16.8M | 0.01% |
91,600
-45,500
| -33% | -$12.9M |
|
|
NBIS
1289
PUT
Nebius Group N.V.
NBIS
$57.3B
| $16.8M | 0.01% |
493,200
-121,700
| -20% | -$5.02M |
|
1290
CALL
Ball Corp
BALL
$17.1B
| $16.7M | 0.01% |
258,900
+36,500
| +16% | +$2.55M |
|
1291
Vertex Pharmaceuticals
VRTX
$139B
| $16.7M | 0.01% |
70,341
-47,364
| -40% | -$10.9M |
|
1292
PUT
Progressive
PGR
$130B
| $16.7M | 0.01% |
225,600
-799,900
| -78% | -$61.7M |
|
1293
CALL
Lennox International
LII
$13.8B
| $16.7M | 0.01% |
91,600
-11,900
| -11% | -$2.75M |
|
1294
CALL
Halliburton
HAL
$28.9B
| $16.6M | 0.01% |
2,426,800
-847,400
| -26% | -$14.8M |
|
1295
PUT
iShares Russell 2000 Growth ETF
IWO
$15B
| $16.6M | 0.01% |
105,100
+74,100
| +239% | +$14.7M |
|
1296
PUT
Scorpio Tankers
STNG
$3.92B
| $16.6M | 0.01% |
868,300
+306,500
| +55% | +$7.27M |
|
1297
Macy's
M
$6.1B
| $16.6M | 0.01% |
3,372,308
-364,104
| -10% | -$4.94M |
|
1298
PUT
Ralph Lauren
RL
$22.1B
| $16.5M | 0.01% |
247,500
-149,300
| -38% | -$15.7M |
|
|
FIT
1299
CALL
DELISTED
Fitbit, Inc. Class A common stock
FIT
| $16.5M | 0.01% |
2,482,700
+1,090,800
| +78% | +$7.05M |
|
1300
PUT
Akamai
AKAM
$15.2B
| $16.5M | 0.01% |
180,300
+17,400
| +11% | +$1.61M |
|
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.