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 |
Invesco QQQ Trust
QQQ
|
+$2.33B |
| 2 |
iShares Russell 2000 ETF
IWM
|
+$1.22B |
| 3 |
JPMorgan Chase
JPM
|
+$761M |
| 4 |
Bank of America
BAC
|
+$427M |
| 5 |
Alibaba
BABA
|
+$327M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$2.49B |
| 2 |
Apple
AAPL
|
+$1.26B |
| 3 |
Microsoft
MSFT
|
+$685M |
| 4 |
Tesla
TSLA
|
+$478M |
| 5 |
Netflix
NFLX
|
+$297M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Miscellaneous | 91.84% |
| 2 | Technology | 1.62% |
| 3 | Communication Services | 1.38% |
| 4 | Financials | 1.25% |
| 5 | Consumer Discretionary | 1.12% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
1426
PUT
Stellantis
STLA
$19.9B
| $19.6M | ﹤0.01% |
1,916,100
-761,000
| -28% | -$6.58M |
|
1427
CALL
Hormel Foods
HRL
$11.7B
| $19.6M | ﹤0.01% |
405,200
-160,400
| -28% | -$7.66M |
|
1428
Trip.com Group
TCOM
$28.1B
| $19.5M | ﹤0.01% |
753,602
-142,074
| -16% | -$3.58M |
|
1429
STMicroelectronics
STM
$45.8B
| $19.5M | ﹤0.01% |
712,123
+216,540
| +44% | +$5.38M |
|
1430
PUT
Ubiquiti
UI
$35.9B
| $19.5M | ﹤0.01% |
111,800
+19,000
| +20% | +$3.19M |
|
1431
Kinder Morgan
KMI
$70.2B
| $19.5M | ﹤0.01% |
1,286,367
+992,359
| +338% | +$15.1M |
|
1432
CALL
Diageo
DEO
$51.2B
| $19.5M | ﹤0.01% |
145,100
-151,500
| -51% | -$20.8M |
|
1433
CALL
State Street
STT
$53.1B
| $19.5M | ﹤0.01% |
306,600
+127,100
| +71% | +$7.67M |
|
1434
PUT
Akamai
AKAM
$16B
| $19.5M | ﹤0.01% |
181,900
+1,600
| +0.9% | +$161K |
|
1435
CALL
AudioCodes
AUDC
$247M
| $19.5M | ﹤0.01% |
612,400
+45,800
| +8% | +$1.41M |
|
1436
Cloudflare
NET
$110B
| $19.4M | ﹤0.01% |
540,074
+252,472
| +88% | +$7.05M |
|
|
VMW
1437
DELISTED
VMware, Inc
VMW
| $19.4M | ﹤0.01% |
125,312
-72,891
| -37% | -$10M |
|
1438
TripAdvisor
TRIP
$1.15B
| $19.4M | ﹤0.01% |
1,020,259
+467,831
| +85% | +$8.94M |
|
1439
HSBC
HSBC
$352B
| $19.4M | ﹤0.01% |
830,214
-327,591
| -28% | -$8.13M |
|
1440
American Airlines Group
AAL
$9.08B
| $19.3M | ﹤0.01% |
1,478,514
-147,776
| -9% | -$1.79M |
|
1441
Analog Devices
ADI
$181B
| $19.3M | ﹤0.01% |
157,494
-196,097
| -55% | -$21.5M |
|
1442
Arrowhead Research
ARWR
$12.5B
| $19.3M | ﹤0.01% |
447,098
-3,912
| -0.9% | -$138K |
|
|
CHNG
1443
DELISTED
Change Healthcare Inc. Common Stock
CHNG
| $19.3M | ﹤0.01% |
1,719,699
-206,584
| -11% | -$2.32M |
|
1444
Capital One
COF
$133B
| $19.3M | ﹤0.01% |
307,665
+249,709
| +431% | +$15.6M |
|
1445
CALL
Aptiv
APTV
$9.43B
| $19.2M | ﹤0.01% |
246,900
+163,600
| +196% | +$11.3M |
|
1446
General Dynamics
GD
$103B
| $19.2M | ﹤0.01% |
128,613
-9,980
| -7% | -$1.41M |
|
|
AUY
1447
PUT
DELISTED
Yamana Gold, Inc.
AUY
| $19.2M | ﹤0.01% |
3,511,300
+1,276,800
| +57% | +$6.1M |
|
1448
Pinterest
PINS
$13B
| $19.1M | ﹤0.01% |
863,089
-429,554
| -33% | -$8.38M |
|
1449
CALL
Cencora
COR
$61.3B
| $19.1M | ﹤0.01% |
189,400
-139,200
| -42% | -$12.8M |
|
|
AMRN
1450
Amarin Corp
AMRN
$297M
| $19M | ﹤0.01% |
137,614
-77,955
| -36% | -$10.7M |
|
Similar funds
Jeff Yass's Q2 2020 Portfolio in Review
As of Q2 2020, Jeff Yass held 11,586 positions worth $415B, up 32% from $314B the previous quarter. Its ten largest holdings account for 30% of the portfolio.
Jeff Yass's Q2 2020 filing shows 1,443 new, 4,471 increased, 4,026 reduced and 1,558 closed positions. Its largest new stake was VelocityShares 3x Long Natural Gas ETN linked to the S&P GSCI Natural Gas Index ER due February 9, 2: 1,220,649 shares worth $12.4M. The largest sale was State Street SPDR S&P 500 ETF Trust, an estimated $2.49B.
By sector, the portfolio is most concentrated in Miscellaneous at 92% of assets, down from 92% a quarter earlier, followed by Technology and Communication Services.
- Jeff Yass's largest Q2 2020 buy was VelocityShares 3x Long Natural Gas ETN linked to the S&P GSCI Natural Gas Index ER due February 9, 2: 1,220,649 shares worth $12.4M.
- Jeff Yass added most to Invesco QQQ Trust in Q2 2020, an estimated $2.33B increase.
- Jeff Yass's biggest Q2 2020 reduction was State Street SPDR S&P 500 ETF Trust, cutting an estimated $2.49B.
- Jeff Yass fully exited iPath Series B S&P 500 VIX Short-Term Futures ETN in Q2 2020, selling an estimated $119M.
- Jeff Yass's ten largest holdings make up 30% of its $415B portfolio in Q2 2020.
- Jeff Yass opened 1,443 new positions and closed 1,558 in Q2 2020.
- Jeff Yass's portfolio value rose 32% quarter-over-quarter to $415B.
Based on Susquehanna International Group's 13F filing for Q2 2020, filed 14 Aug 2020.