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 | |
|---|---|---|---|---|---|---|
1376
Corning
GLW
$128B
| $15M | ﹤0.01% |
727,908
-389,208
| -35% | -$10.2M |
|
1377
Weibo
WB
$1.74B
| $14.9M | ﹤0.01% |
451,160
+40,460
| +10% | +$1.71M |
|
1378
Okta
OKTA
$22.8B
| $14.9M | ﹤0.01% |
122,099
+77,939
| +176% | +$9.78M |
|
1379
PUT
Tandem Diabetes Care
TNDM
$1.5B
| $14.9M | ﹤0.01% |
231,800
-13,600
| -6% | -$953K |
|
1380
Vanguard FTSE Europe ETF
VGK
$31.3B
| $14.8M | ﹤0.01% |
342,682
+319,154
| +1,356% | +$16.9M |
|
|
AMRN
1381
PUT
Amarin Corp
AMRN
$296M
| $14.8M | ﹤0.01% |
185,370
-16,730
| -8% | -$5.56M |
|
1382
Caesars Entertainment
CZR
$6.05B
| $14.8M | ﹤0.01% |
1,029,748
+659,574
| +178% | +$30.9M |
|
1383
CALL
Encompass Health
EHC
$11.8B
| $14.8M | ﹤0.01% |
290,367
+211,553
| +268% | +$12.2M |
|
1384
RingCentral
RNG
$5.53B
| $14.8M | ﹤0.01% |
69,658
+64,552
| +1,264% | +$13.3M |
|
|
WWE
1385
DELISTED
World Wrestling Entertainment
WWE
| $14.8M | ﹤0.01% |
434,986
+333,407
| +328% | +$16.2M |
|
1386
PUT
iShares Russell 1000 Value ETF
IWD
$84.1B
| $14.7M | ﹤0.01% |
148,600
+2,000
| +1% | +$249K |
|
1387
CALL
Sony
SONY
$140B
| $14.7M | ﹤0.01% |
1,245,000
-1,401,500
| -53% | -$18.4M |
|
1388
PUT
Travelers Companies
TRV
$76.6B
| $14.7M | ﹤0.01% |
148,300
+60,600
| +69% | +$7.54M |
|
1389
PUT
Mid-America Apartment Communities
MAA
$15.3B
| $14.7M | ﹤0.01% |
142,700
-6,200
| -4% | -$806K |
|
1390
PUT
Corteva
CTVA
$55.2B
| $14.7M | ﹤0.01% |
625,500
+349,900
| +127% | +$9.62M |
|
1391
CALL
Bunge Global
BG
$20.6B
| $14.7M | ﹤0.01% |
358,000
+133,100
| +59% | +$6.51M |
|
1392
PUT
Nice
NICE
$5.82B
| $14.7M | ﹤0.01% |
102,300
+71,800
| +235% | +$11.6M |
|
1393
PUT
iShares MSCI China ETF
MCHI
$6.23B
| $14.7M | ﹤0.01% |
255,900
+217,500
| +566% | +$13.5M |
|
1394
PUT
Perrigo
PRGO
$1.99B
| $14.6M | ﹤0.01% |
303,900
+57,500
| +23% | +$3.08M |
|
1395
Franklin US Large Cap Multifactor Index ETF
FLQL
$2.1B
| $14.6M | ﹤0.01% |
529,275
+417,893
| +375% | +$13.7M |
|
1396
Franco-Nevada
FNV
$51.8B
| $14.6M | ﹤0.01% |
146,599
+132,704
| +955% | +$14.4M |
|
1397
PUT
Goodyear
GT
$1.73B
| $14.6M | ﹤0.01% |
2,506,100
+142,200
| +6% | +$1.55M |
|
1398
CALL
eHealth
EHTH
$39.4M
| $14.5M | ﹤0.01% |
103,300
+23,800
| +30% | +$2.73M |
|
1399
CALL
Kohl's
KSS
$1.99B
| $14.5M | ﹤0.01% |
996,200
-803,900
| -45% | -$30.1M |
|
|
X
1400
DELISTED
US Steel
X
| $14.5M | ﹤0.01% |
+2,302,345
| New | +$19.3M |
|
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.