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 | |
|---|---|---|---|---|---|---|
1426
CALL
Zillow
ZG
$8.09B
| $20.9M | ﹤0.01% |
205,800
+66,000
| +47% | +$5.14M |
|
1427
PUT
Perrigo
PRGO
$2.05B
| $20.9M | ﹤0.01% |
454,200
-50,500
| -10% | -$2.64M |
|
1428
Aurinia Pharmaceuticals
AUPH
$2.2B
| $20.8M | ﹤0.01% |
1,413,178
+317,579
| +29% | +$4.6M |
|
1429
State Street SPDR S&P Biotech ETF
XBI
$11.7B
| $20.8M | ﹤0.01% |
186,784
-483,582
| -72% | -$54.2M |
|
1430
CALL
MSCI
MSCI
$41B
| $20.8M | ﹤0.01% |
58,200
-21,300
| -27% | -$7.73M |
|
1431
CALL
Bank of Montreal
BMO
$121B
| $20.8M | ﹤0.01% |
355,400
+65,500
| +23% | +$3.79M |
|
1432
CALL
Bunge Global
BG
$21.8B
| $20.7M | ﹤0.01% |
453,700
-56,000
| -11% | -$2.5M |
|
1433
Neurocrine Biosciences
NBIX
$15.9B
| $20.7M | ﹤0.01% |
215,537
+59,522
| +38% | +$6.89M |
|
1434
PUT
Crown Holdings
CCK
$13B
| $20.7M | ﹤0.01% |
269,200
+140,800
| +110% | +$10.3M |
|
|
DNKN
1435
CALL
DELISTED
Dunkin' Brands Group, Inc.
DNKN
| $20.7M | ﹤0.01% |
252,600
+73,400
| +41% | +$5.3M |
|
1436
CALL
Ventas
VTR
$48B
| $20.7M | ﹤0.01% |
492,500
-12,100
| -2% | -$484K |
|
1437
PUT
PVH
PVH
$3.62B
| $20.6M | ﹤0.01% |
345,900
+6,900
| +2% | +$380K |
|
1438
US Global Jets ETF
JETS
$799M
| $20.6M | ﹤0.01% |
1,219,926
+590,661
| +94% | +$10M |
|
|
SAVE
1439
PUT
DELISTED
Spirit Airlines, Inc.
SAVE
| $20.6M | ﹤0.01% |
1,278,400
-483,500
| -27% | -$8.32M |
|
1440
PUT
Direxion Daily S&P Biotech Bear 3X ETF
LABD
$59M
| $20.6M | ﹤0.01% |
34,470
+32,278
| +1,473% | +$20.8M |
|
|
HZNP
1441
PUT
DELISTED
Horizon Therapeutics Public Limited Company Ordinary Shares
HZNP
| $20.6M | ﹤0.01% |
264,700
+163,700
| +162% | +$11.3M |
|
1442
PUT
TotalEnergies
TTE
$193B
| $20.5M | ﹤0.01% |
598,500
+8,300
| +1% | +$316K |
|
1443
PUT
Nokia
NOK
$58.1B
| $20.5M | ﹤0.01% |
5,246,600
+672,400
| +15% | +$3.03M |
|
|
ETFC
1444
CALL
DELISTED
E*Trade Financial Corporation
ETFC
| $20.5M | ﹤0.01% |
409,300
-14,800
| -3% | -$772K |
|
1445
CALL
iRhythm Holdings
IRTC
$3.93B
| $20.5M | ﹤0.01% |
85,900
+47,700
| +125% | +$8.44M |
|
1446
PUT
Mattel
MAT
$4.35B
| $20.4M | ﹤0.01% |
1,745,900
+734,300
| +73% | +$8.16M |
|
1447
Pan American Silver
PAAS
$21.8B
| $20.4M | ﹤0.01% |
635,081
+57,409
| +10% | +$1.97M |
|
1448
Alcoa
AA
$13.1B
| $20.4M | ﹤0.01% |
1,755,429
+532,481
| +44% | +$7.15M |
|
1449
PUT
CarMax
KMX
$9.06B
| $20.4M | ﹤0.01% |
221,900
-8,700
| -4% | -$869K |
|
|
CLDR
1450
PUT
DELISTED
Cloudera, Inc.
CLDR
| $20.3M | ﹤0.01% |
1,867,400
-62,500
| -3% | -$725K |
|
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.