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 | |
|---|---|---|---|---|---|---|
1401
PUT
EPAM Systems
EPAM
$5.77B
| $14.5M | ﹤0.01% |
78,200
+63,100
| +418% | +$13.6M |
|
1402
Fidelity National Financial
FNF
$12.7B
| $14.5M | ﹤0.01% |
606,548
+353,777
| +140% | +$13.9M |
|
1403
PUT
Wheaton Precious Metals
WPM
$74.4B
| $14.5M | ﹤0.01% |
525,400
-82,100
| -14% | -$2.37M |
|
1404
Home Depot
HD
$337B
| $14.4M | ﹤0.01% |
77,201
-1,465,019
| -95% | -$322M |
|
1405
Expedia Group
EXPE
$40.6B
| $14.4M | ﹤0.01% |
255,672
-154,579
| -38% | -$14.8M |
|
1406
CALL
Omnicom Group
OMC
$24.2B
| $14.4M | ﹤0.01% |
262,000
-194,800
| -43% | -$13.8M |
|
1407
PUT
Direxion Daily S&P 500 Bear 3x ETF
SPXS
$351M
| $14.4M | ﹤0.01% |
9,024
-506
| -5% | -$751K |
|
1408
PUT
Papa John's
PZZA
$794M
| $14.4M | ﹤0.01% |
269,100
+82,100
| +44% | +$4.94M |
|
1409
CALL
Ubiquiti
UI
$34.9B
| $14.3M | ﹤0.01% |
101,100
-16,600
| -14% | -$2.53M |
|
1410
Elanco Animal Health
ELAN
$12.5B
| $14.3M | ﹤0.01% |
639,042
+185,864
| +41% | +$5.09M |
|
1411
Dow Inc
DOW
$21.8B
| $14.3M | ﹤0.01% |
488,273
+207,849
| +74% | +$8.83M |
|
1412
PUT
Direxion Daily Technology Bull 3x ETF
TECL
$5.53B
| $14.2M | ﹤0.01% |
1,225,000
+3,000
| +0.2% | +$69.9K |
|
|
1413
Wheaton Precious Metals
WPM
$74.4B
| $14.2M | ﹤0.01% |
515,969
-627,785
| -55% | -$18.1M |
|
1414
State Street SPDR S&P MIDCAP 400 ETF Trust
MDY
$26.6B
| $14.2M | ﹤0.01% |
53,975
+46,534
| +625% | +$15.8M |
|
1415
PUT
Ascendis Pharma A/S
ASND
$16.6B
| $14.2M | ﹤0.01% |
125,900
-23,900
| -16% | -$3.11M |
|
1416
PUT
Fortive
FTV
$18B
| $14.2M | ﹤0.01% |
+407,383
| New | +$17.8M |
|
1417
PUT
Eaton
ETN
$159B
| $14.2M | ﹤0.01% |
182,400
-179,300
| -50% | -$16.4M |
|
1418
CALL
Arthur J. Gallagher & Co
AJG
$68.8B
| $14.1M | ﹤0.01% |
173,500
+4,100
| +2% | +$393K |
|
1419
Advance Auto Parts
AAP
$2.63B
| $14.1M | ﹤0.01% |
151,485
+96,908
| +178% | +$12.6M |
|
1420
PUT
uniQure
QURE
$3.54B
| $14.1M | ﹤0.01% |
297,400
+114,900
| +63% | +$6.6M |
|
1421
Xtrackers Harvest CSI 300 China A-Shares ETF
ASHR
$1.55B
| $14.1M | ﹤0.01% |
544,167
+397,095
| +270% | +$11.2M |
|
|
ETFC
1422
DELISTED
E*Trade Financial Corporation
ETFC
| $14.1M | ﹤0.01% |
409,607
-461,831
| -53% | -$19.5M |
|
|
BKI
1423
DELISTED
Black Knight, Inc. Common Stock
BKI
| $13.9M | ﹤0.01% |
+240,091
| New | +$15.7M |
|
1424
Alcoa
AA
$13.5B
| $13.9M | ﹤0.01% |
2,258,323
+1,372,762
| +155% | +$18.8M |
|
1425
CALL
Mid-America Apartment Communities
MAA
$15.3B
| $13.9M | ﹤0.01% |
134,900
-14,400
| -10% | -$1.87M |
|
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.