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 | |
|---|---|---|---|---|---|---|
1451
PUT
Ambarella
AMBA
$3.1B
| $13.4M | ﹤0.01% |
275,100
-281,700
| -51% | -$16.2M |
|
1452
Stellantis
STLA
$19.8B
| $13.3M | ﹤0.01% |
1,856,560
+1,597,910
| +618% | +$18.9M |
|
1453
PUT
Nokia
NOK
$57.8B
| $13.3M | ﹤0.01% |
4,304,300
+1,724,800
| +67% | +$6.41M |
|
1454
Dominion Energy
D
$58.9B
| $13.3M | ﹤0.01% |
184,449
-18,953
| -9% | -$1.55M |
|
1455
CALL
State Street SPDR S&P Metals & Mining ETF
XME
$4.83B
| $13.3M | ﹤0.01% |
822,300
-1,833,800
| -69% | -$42.6M |
|
1456
PUT
HDFC Bank
HDB
$121B
| $13.3M | ﹤0.01% |
689,400
+3,800
| +0.6% | +$102K |
|
1457
PUT
Old Dominion Freight Line
ODFL
$41.1B
| $13.2M | ﹤0.01% |
201,500
-71,200
| -26% | -$4.73M |
|
|
FLG
1458
CALL
Flagstar Bank National Association
FLG
$5.58B
| $13.2M | ﹤0.01% |
469,133
+255,666
| +120% | +$8.5M |
|
1459
CALL
Ionis Pharmaceuticals
IONS
$10.6B
| $13.2M | ﹤0.01% |
279,400
-241,700
| -46% | -$13.5M |
|
|
SIVB
1460
CALL
DELISTED
SVB Financial Group
SIVB
| $13.2M | ﹤0.01% |
87,400
+4,000
| +5% | +$880K |
|
1461
Ingersoll Rand
IR
$30.5B
| $13.2M | ﹤0.01% |
532,087
+517,527
| +3,554% | +$16.4M |
|
1462
Frontline
FRO
$9.68B
| $13.2M | ﹤0.01% |
1,371,099
+1,117,900
| +442% | +$10.4M |
|
|
AVLR
1463
CALL
DELISTED
Avalara, Inc.
AVLR
| $13.2M | ﹤0.01% |
176,400
-10,400
| -6% | -$848K |
|
1464
CALL
Packaging Corp of America
PKG
$22B
| $13.1M | ﹤0.01% |
151,400
+69,800
| +86% | +$6.77M |
|
1465
CALL
Sturm, Ruger & Co
RGR
$613M
| $13.1M | ﹤0.01% |
258,100
+188,400
| +270% | +$9.26M |
|
1466
PUT
Ubiquiti
UI
$34.9B
| $13.1M | ﹤0.01% |
92,800
-87,000
| -48% | -$13.3M |
|
1467
PUT
Mettler-Toledo International
MTD
$28.1B
| $13.1M | ﹤0.01% |
19,000
+6,800
| +56% | +$5.07M |
|
1468
CALL
Datadog
DDOG
$80.1B
| $13.1M | ﹤0.01% |
364,100
+57,500
| +19% | +$2.37M |
|
|
LHCG
1469
CALL
DELISTED
LHC Group LLC
LHCG
| $13.1M | ﹤0.01% |
93,200
+42,800
| +85% | +$5.96M |
|
1470
Bausch Health
BHC
$2.52B
| $13.1M | ﹤0.01% |
842,315
+583,966
| +226% | +$14.1M |
|
1471
PUT
Direxion Daily Gold Miners Index Bull 2X ETF
NUGT
$1.57B
| $13.1M | ﹤0.01% |
383,920
-189,820
| -33% | -$25.1M |
|
1472
PUT
Pan American Silver
PAAS
$22.5B
| $13M | ﹤0.01% |
909,000
+111,100
| +14% | +$2.31M |
|
|
1473
PUT
Datadog
DDOG
$80.1B
| $13M | ﹤0.01% |
361,900
-10,600
| -3% | -$437K |
|
1474
Vistra
VST
$46.7B
| $13M | ﹤0.01% |
815,879
+451,694
| +124% | +$9.19M |
|
|
KL
1475
PUT
DELISTED
Kirkland Lake Gold Ltd Ordinary
KL
| $13M | ﹤0.01% |
439,600
-293,100
| -40% | -$10.7M |
|
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.