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 | |
|---|---|---|---|---|---|---|
1426
PUT
Pultegroup
PHM
$24.9B
| $13.9M | ﹤0.01% |
621,400
+268,900
| +76% | +$10.4M |
|
|
PLAN
1427
CALL
DELISTED
Anaplan, Inc.
PLAN
| $13.9M | ﹤0.01% |
458,100
+159,400
| +53% | +$7.95M |
|
1428
eBay
EBAY
$47.2B
| $13.8M | ﹤0.01% |
460,188
-164,524
| -26% | -$5.73M |
|
1429
PUT
Paychex
PAYX
$44.5B
| $13.8M | ﹤0.01% |
219,600
+56,500
| +35% | +$4.51M |
|
1430
CALL
NetApp
NTAP
$36.8B
| $13.8M | ﹤0.01% |
331,300
+25,100
| +8% | +$1.3M |
|
|
AVB
1431
CALL
DELISTED
AvalonBay Communities
AVB
| $13.8M | ﹤0.01% |
93,600
+23,000
| +33% | +$4.63M |
|
1432
CALL
ProShares UltraShort Dow 30
DXD
$43.8M
| $13.7M | ﹤0.01% |
94,860
+54,500
| +135% | +$6.94M |
|
|
SPR
1433
CALL
DELISTED
Spirit AeroSystems
SPR
| $13.7M | ﹤0.01% |
572,300
+529,000
| +1,222% | +$29.3M |
|
1434
PUT
Sempra
SRE
$54.9B
| $13.6M | ﹤0.01% |
241,600
+202,200
| +513% | +$14.3M |
|
|
ANSS
1435
PUT
DELISTED
Ansys
ANSS
| $13.6M | ﹤0.01% |
58,700
-6,400
| -10% | -$1.65M |
|
1436
PUT
AudioCodes
AUDC
$237M
| $13.6M | ﹤0.01% |
570,800
+427,300
| +298% | +$9.91M |
|
1437
CALL
Realty Income
O
$59.5B
| $13.6M | ﹤0.01% |
281,736
+39,732
| +16% | +$2.77M |
|
|
BPMC
1438
PUT
DELISTED
Blueprint Medicines
BPMC
| $13.6M | ﹤0.01% |
232,700
+102,700
| +79% | +$6.61M |
|
1439
iShares Core S&P Total US Stock Market ETF
ITOT
$97B
| $13.6M | ﹤0.01% |
+237,801
| New | +$16.3M |
|
1440
Franklin FTSE Brazil ETF
FLBR
$557M
| $13.6M | ﹤0.01% |
937,404
-164,429
| -15% | -$3.92M |
|
1441
CALL
Weyerhaeuser
WY
$17.6B
| $13.5M | ﹤0.01% |
798,900
-55,200
| -6% | -$1.45M |
|
|
1442
CALL
AudioCodes
AUDC
$237M
| $13.5M | ﹤0.01% |
566,600
+331,200
| +141% | +$7.68M |
|
1443
PUT
Deckers Outdoor
DECK
$12.1B
| $13.5M | ﹤0.01% |
606,000
-426,000
| -41% | -$11.9M |
|
|
BZUN
1444
Baozun
BZUN
$165M
| $13.5M | ﹤0.01% |
484,334
+254,062
| +110% | +$8M |
|
1445
PUT
Digital Realty Trust
DLR
$71.2B
| $13.5M | ﹤0.01% |
97,300
-23,100
| -19% | -$2.94M |
|
1446
NIO
NIO
$11.2B
| $13.5M | ﹤0.01% |
4,846,150
+3,378,488
| +230% | +$12.6M |
|
1447
PUT
Nexstar Media Group
NXST
$5.83B
| $13.5M | ﹤0.01% |
233,100
+59,700
| +34% | +$6.31M |
|
1448
Insulet
PODD
$9.92B
| $13.4M | ﹤0.01% |
80,883
+44,653
| +123% | +$8.16M |
|
|
BPMC
1449
DELISTED
Blueprint Medicines
BPMC
| $13.4M | ﹤0.01% |
229,060
+168,578
| +279% | +$10.8M |
|
1450
CALL
MSCI
MSCI
$41B
| $13.4M | ﹤0.01% |
46,300
+28,600
| +162% | +$8.1M |
|
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.