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 | |
|---|---|---|---|---|---|---|
1376
Vodafone
VOD
$36.8B
| $22.3M | ﹤0.01% |
1,664,559
+803,896
| +93% | +$12.1M |
|
|
BMY.RT
1377
DELISTED
Bristol-Myers Squibb Company Contingent Value Rights
BMY.RT
| $22.3M | ﹤0.01% |
9,919,439
-191,701
| -2% | -$547K |
|
1378
PUT
Yeti Holdings
YETI
$3.05B
| $22.3M | ﹤0.01% |
492,200
-41,700
| -8% | -$1.98M |
|
1379
CALL
Consolidated Edison
ED
$40B
| $22.3M | ﹤0.01% |
286,600
-22,200
| -7% | -$1.64M |
|
1380
PUT
Madison Square Garden
MSGS
$9.59B
| $22.3M | ﹤0.01% |
147,900
+12,400
| +9% | +$1.95M |
|
|
ANSS
1381
PUT
DELISTED
Ansys
ANSS
| $22.2M | ﹤0.01% |
67,900
+15,500
| +30% | +$4.86M |
|
1382
CALL
Guardant Health
GH
$22.9B
| $22.2M | ﹤0.01% |
198,600
+78,600
| +66% | +$7.19M |
|
|
CHNG
1383
DELISTED
Change Healthcare Inc. Common Stock
CHNG
| $22.2M | ﹤0.01% |
1,527,325
-192,374
| -11% | -$2.45M |
|
1384
CALL
iShares US Aerospace & Defense ETF
ITA
$14.2B
| $22.1M | ﹤0.01% |
279,200
+162,400
| +139% | +$13.3M |
|
|
SGI
1385
PUT
Somnigroup International
SGI
$13.2B
| $22.1M | ﹤0.01% |
990,400
+463,600
| +88% | +$9.58M |
|
1386
PUT
VF Corp
VFC
$5.46B
| $22.1M | ﹤0.01% |
314,300
-135,600
| -30% | -$8.76M |
|
1387
PUT
C.H. Robinson
CHRW
$17.7B
| $22.1M | ﹤0.01% |
216,000
+102,100
| +90% | +$9.59M |
|
|
SRNE
1388
PUT
DELISTED
Sorrento Therapeutics, Inc.
SRNE
| $22M | ﹤0.01% |
1,976,800
+746,100
| +61% | +$6.83M |
|
1389
iShares MSCI Germany ETF
EWG
$1.73B
| $22M | ﹤0.01% |
755,600
+377,533
| +100% | +$11.1M |
|
1390
PUT
Ventas
VTR
$48B
| $22M | ﹤0.01% |
524,200
-539,300
| -51% | -$21.6M |
|
|
CMA
1391
CALL
DELISTED
Comerica
CMA
| $22M | ﹤0.01% |
574,500
-230,300
| -29% | -$8.86M |
|
1392
CALL
United States Natural Gas Fund
UNG
$524M
| $22M | ﹤0.01% |
481,325
-92,150
| -16% | -$4.41M |
|
1393
CALL
BioMarin Pharmaceuticals
BMRN
$12.7B
| $21.9M | ﹤0.01% |
288,200
-3,400
| -1% | -$344K |
|
1394
PUT
Thor Industries
THO
$4.05B
| $21.8M | ﹤0.01% |
229,300
+36,400
| +19% | +$3.77M |
|
|
SAFM
1395
PUT
DELISTED
Sanderson Farms Inc
SAFM
| $21.8M | ﹤0.01% |
185,100
-172,800
| -48% | -$20.2M |
|
1396
ProShares VIX Mid-Term Futures ETF
VIXM
$156M
| $21.8M | ﹤0.01% |
535,282
+10,638
| +2% | +$424K |
|
|
RDS.A
1397
CALL
DELISTED
Royal Dutch Shell PLC ADS Class A
RDS.A
| $21.8M | ﹤0.01% |
865,100
-839,600
| -49% | -$25.4M |
|
1398
PUT
Teradyne
TER
$56.8B
| $21.7M | ﹤0.01% |
273,500
-4,800
| -2% | -$407K |
|
1399
PUT
Invesco Senior Loan ETF
BKLN
$6.78B
| $21.7M | ﹤0.01% |
999,300
-60,600
| -6% | -$1.32M |
|
|
SAND
1400
DELISTED
Sandstorm Gold
SAND
| $21.7M | ﹤0.01% |
2,569,033
+599,469
| +30% | +$5.55M |
|
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.