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 | |
|---|---|---|---|---|---|---|
1451
iShares Russell 1000 Growth ETF
IWF
$125B
| $20.3M | ﹤0.01% |
375,032
-75,272
| -17% | -$3.97M |
|
|
FIT
1452
CALL
DELISTED
Fitbit, Inc. Class A common stock
FIT
| $20.3M | ﹤0.01% |
2,920,400
-125,900
| -4% | -$818K |
|
1453
CALL
State Street
STT
$53.2B
| $20.3M | ﹤0.01% |
342,500
+35,900
| +12% | +$2.33M |
|
1454
PUT
Campbell Soup
CPB
$6.93B
| $20.3M | ﹤0.01% |
419,300
+114,200
| +37% | +$5.64M |
|
1455
CALL
Arrowhead Research
ARWR
$12.6B
| $20.3M | ﹤0.01% |
471,000
-2,600
| -0.5% | -$112K |
|
|
RDS.A
1456
PUT
DELISTED
Royal Dutch Shell PLC ADS Class A
RDS.A
| $20.3M | ﹤0.01% |
805,400
-152,000
| -16% | -$4.6M |
|
1457
Virtu Financial
VIRT
$5.8B
| $20.2M | ﹤0.01% |
878,642
+363,698
| +71% | +$9.12M |
|
1458
PUT
Ally Financial
ALLY
$12.9B
| $20.2M | ﹤0.01% |
805,800
-206,800
| -20% | -$4.62M |
|
1459
State Street Health Care Select Sector SPDR ETF
XLV
$45.1B
| $20.2M | ﹤0.01% |
191,316
-36,181
| -16% | -$3.81M |
|
1460
PUT
KB Home
KBH
$3.44B
| $20.2M | ﹤0.01% |
525,100
-212,400
| -29% | -$7.43M |
|
1461
CALL
Agilent Technologies
A
$43.8B
| $20.1M | ﹤0.01% |
199,500
-11,000
| -5% | -$1.06M |
|
1462
iShares Core MSCI EAFE ETF
IEFA
$196B
| $20.1M | ﹤0.01% |
333,988
+241,504
| +261% | +$14.6M |
|
1463
Hewlett Packard
HPE
$73.1B
| $20.1M | ﹤0.01% |
2,147,034
+602,115
| +39% | +$5.75M |
|
1464
CALL
Carlyle Group
CG
$17.5B
| $20.1M | ﹤0.01% |
814,000
-319,700
| -28% | -$8.62M |
|
1465
MetLife
MET
$61.3B
| $20.1M | ﹤0.01% |
539,734
-11,610
| -2% | -$441K |
|
|
CTXS
1466
PUT
DELISTED
Citrix Systems Inc
CTXS
| $20.1M | ﹤0.01% |
145,600
-77,100
| -35% | -$11M |
|
1467
PUT
Baxter International
BAX
$13.7B
| $20M | ﹤0.01% |
248,500
-124,400
| -33% | -$10.5M |
|
1468
PUT
Enbridge
ENB
$110B
| $20M | ﹤0.01% |
683,300
+104,800
| +18% | +$3.3M |
|
1469
PUT
Diageo
DEO
$52.1B
| $19.9M | ﹤0.01% |
144,900
-8,000
| -5% | -$1.1M |
|
|
ETFC
1470
DELISTED
E*Trade Financial Corporation
ETFC
| $19.9M | ﹤0.01% |
398,135
-12,550
| -3% | -$655K |
|
1471
PUT
Idexx Laboratories
IDXX
$43.6B
| $19.9M | ﹤0.01% |
50,600
+13,000
| +35% | +$4.81M |
|
1472
Northrop Grumman
NOC
$78.1B
| $19.9M | ﹤0.01% |
63,014
-21,012
| -25% | -$6.85M |
|
|
NVTA
1473
PUT
DELISTED
Invitae Corporation
NVTA
| $19.8M | ﹤0.01% |
457,600
-133,600
| -23% | -$4.56M |
|
1474
PUT
EPAM Systems
EPAM
$5.64B
| $19.8M | ﹤0.01% |
61,300
+1,900
| +3% | +$567K |
|
1475
PUT
Dave & Buster's
PLAY
$343M
| $19.8M | ﹤0.01% |
1,304,100
+509,600
| +64% | +$7.52M |
|
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.