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 | |
|---|---|---|---|---|---|---|
|
SDC
1326
CALL
DELISTED
SmileDirectClub, Inc. Class A Common Stock
SDC
| $23.7M | ﹤0.01% |
2,031,400
+644,100
| +46% | +$5.92M |
|
|
JWN
1327
CALL
DELISTED
Nordstrom
JWN
| $23.7M | ﹤0.01% |
1,986,500
+218,700
| +12% | +$3.28M |
|
1328
PUT
iShares US Home Construction ETF
ITB
$2.28B
| $23.6M | ﹤0.01% |
416,900
-199,100
| -32% | -$10.4M |
|
1329
CALL
Wolfspeed
WOLF
$1.39B
| $23.6M | ﹤0.01% |
370,200
-132,100
| -26% | -$8.56M |
|
1330
CALL
CF Industries
CF
$19.1B
| $23.6M | ﹤0.01% |
767,600
+39,900
| +5% | +$1.27M |
|
1331
Eli Lilly
LLY
$1.07T
| $23.6M | ﹤0.01% |
159,210
+35,516
| +29% | +$5.5M |
|
1332
PUT
Consolidated Edison
ED
$39.9B
| $23.5M | ﹤0.01% |
302,600
-6,200
| -2% | -$458K |
|
1333
PUT
iShares Core S&P Small-Cap ETF
IJR
$111B
| $23.5M | ﹤0.01% |
334,900
+96,800
| +41% | +$6.94M |
|
1334
PUT
Agilent Technologies
A
$43.1B
| $23.4M | ﹤0.01% |
232,000
-117,100
| -34% | -$11.3M |
|
1335
CALL
Copart
CPRT
$30.3B
| $23.4M | ﹤0.01% |
890,400
-712,800
| -44% | -$17.3M |
|
1336
United Rentals
URI
$65.9B
| $23.4M | ﹤0.01% |
134,028
-60,280
| -31% | -$10.1M |
|
1337
CALL
PACCAR
PCAR
$68B
| $23.4M | ﹤0.01% |
411,300
+83,250
| +25% | +$4.67M |
|
|
K
1338
PUT
DELISTED
Kellanova
K
| $23.4M | ﹤0.01% |
385,530
+46,860
| +14% | +$2.97M |
|
1339
PUT
Edwards Lifesciences
EW
$52.5B
| $23.3M | ﹤0.01% |
292,500
-157,100
| -35% | -$12.3M |
|
1340
Marriott International
MAR
$93.1B
| $23.3M | ﹤0.01% |
252,060
-98,075
| -28% | -$9.25M |
|
|
IPHI
1341
CALL
DELISTED
INPHI CORPORATION
IPHI
| $23.3M | ﹤0.01% |
207,700
+54,400
| +35% | +$6.35M |
|
1342
PUT
Inovio Pharmaceuticals
INO
$135M
| $23.3M | ﹤0.01% |
167,275
-18,933
| -10% | -$3.95M |
|
1343
PUT
Diamondback Energy
FANG
$56.1B
| $23.2M | ﹤0.01% |
770,900
+113,700
| +17% | +$4.33M |
|
1344
Take-Two Interactive
TTWO
$43.9B
| $23.2M | ﹤0.01% |
140,329
-31,182
| -18% | -$5.06M |
|
1345
Generac Holdings
GNRC
$12.3B
| $23.2M | ﹤0.01% |
119,624
+56,871
| +91% | +$9.36M |
|
1346
Progressive
PGR
$129B
| $23.1M | ﹤0.01% |
244,440
+183,527
| +301% | +$16.5M |
|
1347
CALL
Weyerhaeuser
WY
$17.4B
| $23.1M | ﹤0.01% |
811,300
+147,700
| +22% | +$4.06M |
|
1348
STMicroelectronics
STM
$44.2B
| $23.1M | ﹤0.01% |
753,299
+41,176
| +6% | +$1.21M |
|
1349
PUT
Vanguard Morningstar Total Stock Market ETF
VTI
$685B
| $23.1M | ﹤0.01% |
135,700
-32,100
| -19% | -$5.4M |
|
1350
CALL
ProShares UltraShort S&P500
SDS
$397M
| $23.1M | ﹤0.01% |
57,920
-7,004
| -11% | -$2.92M |
|
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.