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 | |
|---|---|---|---|---|---|---|
1476
PUT
Direxion Daily 20+ Year Treasury Bull 3X ETF
TMF
$2.29B
| $13M | ﹤0.01% |
30,870
-450
| -1% | -$152K |
|
1477
PUT
Cirrus Logic
CRUS
$5.58B
| $13M | ﹤0.01% |
198,000
-80,900
| -29% | -$5.98M |
|
1478
CALL
ArcelorMittal
MT
$55.5B
| $13M | ﹤0.01% |
1,391,900
+18,800
| +1% | +$264K |
|
1479
CALL
Trip.com Group
TCOM
$29B
| $13M | ﹤0.01% |
553,500
-245,400
| -31% | -$7.65M |
|
1480
Arrowhead Research
ARWR
$12.6B
| $13M | ﹤0.01% |
451,010
+142,928
| +46% | +$5.76M |
|
1481
Etsy
ETSY
$7.75B
| $13M | ﹤0.01% |
337,391
-122,322
| -27% | -$5.98M |
|
1482
PUT
F5
FFIV
$21.7B
| $13M | ﹤0.01% |
121,600
+12,700
| +12% | +$1.55M |
|
1483
PUT
Fastenal
FAST
$57.7B
| $13M | ﹤0.01% |
829,000
+284,800
| +52% | +$5.01M |
|
1484
Northern Trust Morningstar Global Upstream Natural Resources ETF
GUNR
$7.38B
| $12.9M | ﹤0.01% |
572,308
+515,120
| +901% | +$14.9M |
|
1485
PUT
United Parks & Resorts
PRKS
$1.98B
| $12.9M | ﹤0.01% |
1,168,100
-251,300
| -18% | -$6.88M |
|
1486
PUT
Direxion Daily Financial Bull 3x ETF
FAS
$2.45B
| $12.8M | ﹤0.01% |
547,100
-122,600
| -18% | -$9.33M |
|
1487
First Trust Technology AlphaDEX Fund
FXL
$2.73B
| $12.8M | ﹤0.01% |
215,994
+208,358
| +2,729% | +$14.5M |
|
1488
PUT
Ionis Pharmaceuticals
IONS
$10.6B
| $12.8M | ﹤0.01% |
270,800
-421,300
| -61% | -$23.5M |
|
1489
PUT
eHealth
EHTH
$38.4M
| $12.8M | ﹤0.01% |
90,800
-76,500
| -46% | -$8.77M |
|
1490
CALL
Molson Coors Class B
TAP
$7.83B
| $12.8M | ﹤0.01% |
327,600
+154,700
| +89% | +$7.84M |
|
1491
Walmart Inc
WMT
$839B
| $12.8M | ﹤0.01% |
337,311
-1,481,025
| -81% | -$57M |
|
1492
CALL
Fastly Inc
FSLY
$3.66B
| $12.8M | ﹤0.01% |
672,600
+413,800
| +160% | +$8.55M |
|
1493
PUT
Warner Bros
WBD
$72.5B
| $12.8M | ﹤0.01% |
656,700
+189,400
| +41% | +$5.2M |
|
1494
CALL
Edison International
EIX
$28.8B
| $12.8M | ﹤0.01% |
232,900
-135,500
| -37% | -$9.39M |
|
1495
CALL
DHT Holdings
DHT
$3.09B
| $12.8M | ﹤0.01% |
1,662,500
+1,378,400
| +485% | +$8.73M |
|
1496
CALL
Vistra
VST
$46.7B
| $12.8M | ﹤0.01% |
798,900
+590,300
| +283% | +$12M |
|
1497
PUT
IQVIA
IQV
$42.7B
| $12.7M | ﹤0.01% |
118,200
+14,400
| +14% | +$2.06M |
|
1498
PUT
Idexx Laboratories
IDXX
$43.3B
| $12.7M | ﹤0.01% |
52,600
-11,200
| -18% | -$2.92M |
|
1499
PUT
VeriSign
VRSN
$26.6B
| $12.7M | ﹤0.01% |
70,700
+23,000
| +48% | +$4.52M |
|
1500
iShares S&P Mid-Cap 400 Value ETF
IJJ
$8.86B
| $12.7M | ﹤0.01% |
231,952
+225,260
| +3,366% | +$16.9M |
|
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.