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 | |
|---|---|---|---|---|---|---|
1451
PUT
iShares US Medical Devices ETF
IHI
$3.37B
| $19M | ﹤0.01% |
431,400
-77,400
| -15% | -$3.31M |
|
1452
Neurocrine Biosciences
NBIX
$15.8B
| $19M | ﹤0.01% |
156,015
-59,220
| -28% | -$6.54M |
|
1453
Ionis Pharmaceuticals
IONS
$10.4B
| $19M | ﹤0.01% |
322,406
-56,087
| -15% | -$3.12M |
|
1454
PUT
Hasbro
HAS
$13.3B
| $19M | ﹤0.01% |
253,500
+25,400
| +11% | +$1.84M |
|
1455
CALL
Chegg
CHGG
$89M
| $19M | ﹤0.01% |
282,000
-28,000
| -9% | -$1.5M |
|
|
SAND
1456
DELISTED
Sandstorm Gold
SAND
| $18.9M | ﹤0.01% |
1,969,564
+925,800
| +89% | +$7.27M |
|
1457
ConocoPhillips
COP
$156B
| $18.9M | ﹤0.01% |
450,790
+258,513
| +134% | +$10.5M |
|
1458
Elastic
ESTC
$8.7B
| $18.9M | ﹤0.01% |
205,161
+36,054
| +21% | +$2.63M |
|
|
FITB
1459
CALL
Fifth Third Bancorp
FITB
$49.7B
| $18.9M | ﹤0.01% |
980,000
+295,400
| +43% | +$5.47M |
|
1460
Xcel Energy
XEL
$48.2B
| $18.8M | ﹤0.01% |
301,055
+128,105
| +74% | +$8.07M |
|
1461
PUT
argenx
ARGX
$66.2B
| $18.8M | ﹤0.01% |
83,500
+7,300
| +10% | +$1.3M |
|
1462
CALL
QuidelOrtho
QDEL
$1.05B
| $18.7M | ﹤0.01% |
83,700
-4,400
| -5% | -$689K |
|
|
SKX
1463
CALL
DELISTED
Skechers
SKX
| $18.7M | ﹤0.01% |
595,600
+253,300
| +74% | +$7.26M |
|
|
MASI
1464
PUT
DELISTED
Masimo
MASI
| $18.7M | ﹤0.01% |
81,900
+44,100
| +117% | +$9.68M |
|
1465
PUT
AudioCodes
AUDC
$247M
| $18.7M | ﹤0.01% |
587,200
+16,400
| +3% | +$504K |
|
|
BIG
1466
CALL
DELISTED
Big Lots, Inc.
BIG
| $18.7M | ﹤0.01% |
444,400
+215,500
| +94% | +$6.12M |
|
1467
CALL
Agilent Technologies
A
$44.5B
| $18.6M | ﹤0.01% |
210,500
-43,500
| -17% | -$3.56M |
|
1468
PUT
W.P. Carey
WPC
$16B
| $18.6M | ﹤0.01% |
280,571
+210,020
| +298% | +$13M |
|
1469
Peabody Energy
BTU
$3.59B
| $18.5M | ﹤0.01% |
6,438,248
+283,919
| +5% | +$938K |
|
1470
CALL
MarketAxess Holdings
MKTX
$5.72B
| $18.5M | ﹤0.01% |
37,000
-15,800
| -30% | -$7.36M |
|
1471
CME Group
CME
$101B
| $18.5M | ﹤0.01% |
113,879
+65,232
| +134% | +$11.7M |
|
1472
PUT
Tencent Music
TME
$14.2B
| $18.5M | ﹤0.01% |
1,373,300
+569,800
| +71% | +$6.75M |
|
1473
CALL
Ventas
VTR
$47.6B
| $18.5M | ﹤0.01% |
504,600
+249,200
| +98% | +$8.23M |
|
1474
PUT
Eaton
ETN
$162B
| $18.5M | ﹤0.01% |
211,200
+28,800
| +16% | +$2.37M |
|
1475
State Street SPDR Bloomberg High Yield Bond ETF
JNK
$6.68B
| $18.5M | ﹤0.01% |
182,531
+176,410
| +2,882% | +$17.6M |
|
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.