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 | |
|---|---|---|---|---|---|---|
|
GNOG
1301
DELISTED
Golden Nugget Online Gaming, Inc. Class A Common Stock
GNOG
| $24.5M | ﹤0.01% |
+1,706,462
| New | +$24.6M |
|
|
AMTD
1302
CALL
DELISTED
TD Ameritrade Holding Corp
AMTD
| $24.5M | ﹤0.01% |
625,500
+28,800
| +5% | +$1.08M |
|
1303
iShares Biotechnology ETF
IBB
$10.8B
| $24.4M | ﹤0.01% |
180,456
-192,042
| -52% | -$26.1M |
|
1304
CALL
Incyte
INCY
$26.1B
| $24.4M | ﹤0.01% |
271,900
+44,800
| +20% | +$4.32M |
|
1305
PUT
Capri Holdings
CPRI
$1.52B
| $24.3M | ﹤0.01% |
1,351,800
-71,200
| -5% | -$1.21M |
|
1306
CALL
Public Storage
PSA
$60.1B
| $24.3M | ﹤0.01% |
109,100
+5,700
| +6% | +$1.16M |
|
1307
PUT
Zillow
ZG
$8.2B
| $24.3M | ﹤0.01% |
239,000
+89,700
| +60% | +$6.98M |
|
1308
PUT
Cleveland-Cliffs
CLF
$6.64B
| $24.2M | ﹤0.01% |
3,764,700
+813,600
| +28% | +$4.9M |
|
1309
Diamondback Energy
FANG
$56.2B
| $24.1M | ﹤0.01% |
801,531
+185,320
| +30% | +$7.06M |
|
1310
CALL
argenx
ARGX
$65.7B
| $24.1M | ﹤0.01% |
91,800
-30,100
| -25% | -$7.24M |
|
1311
CALL
Vulcan Materials
VMC
$35.8B
| $24.1M | ﹤0.01% |
177,800
+71,100
| +67% | +$8.93M |
|
|
AUY
1312
PUT
DELISTED
Yamana Gold, Inc.
AUY
| $24.1M | ﹤0.01% |
4,241,800
+730,500
| +21% | +$4.38M |
|
1313
CALL
Thor Industries
THO
$4.06B
| $24.1M | ﹤0.01% |
252,600
-59,400
| -19% | -$6.15M |
|
1314
CALL
T. Rowe Price
TROW
$23.9B
| $24M | ﹤0.01% |
187,200
-4,100
| -2% | -$542K |
|
1315
iShares MSCI All Country Asia ex Japan ETF
AAXJ
$3.88B
| $24M | ﹤0.01% |
310,564
+221,491
| +249% | +$16.9M |
|
|
JWN
1316
PUT
DELISTED
Nordstrom
JWN
| $24M | ﹤0.01% |
2,009,900
+679,300
| +51% | +$10.2M |
|
1317
PUT
Regency Centers
REG
$14.1B
| $24M | ﹤0.01% |
630,100
+164,600
| +35% | +$6.76M |
|
|
FITB
1318
CALL
Fifth Third Bancorp
FITB
$50B
| $23.9M | ﹤0.01% |
1,121,900
+141,900
| +14% | +$2.86M |
|
1319
Royal Caribbean
RCL
$78B
| $23.9M | ﹤0.01% |
369,505
+94,347
| +34% | +$5.55M |
|
1320
Teradyne
TER
$56.8B
| $23.9M | ﹤0.01% |
300,943
+36,110
| +14% | +$3.06M |
|
1321
Workhorse Group
WKHS
$32.7M
| $23.9M | ﹤0.01% |
+315
| New | +$18M |
|
1322
PUT
Toronto Dominion Bank
TD
$197B
| $23.9M | ﹤0.01% |
516,300
-140,800
| -21% | -$6.56M |
|
1323
PUT
Ciena
CIEN
$55.9B
| $23.9M | ﹤0.01% |
601,300
+97,300
| +19% | +$5.12M |
|
1324
PUT
Dick's Sporting Goods
DKS
$11.5B
| $23.8M | ﹤0.01% |
411,500
+275,200
| +202% | +$13.4M |
|
1325
PUT
FirstEnergy
FE
$27.1B
| $23.8M | ﹤0.01% |
828,700
+680,600
| +460% | +$21.4M |
|
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.