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 | |
|---|---|---|---|---|---|---|
1501
PUT
Alaska Air
ALK
$4.84B
| $12.7M | ﹤0.01% |
446,800
+137,700
| +45% | +$7.49M |
|
1502
PUT
Bunge Global
BG
$21.5B
| $12.7M | ﹤0.01% |
309,800
+85,500
| +38% | +$4.18M |
|
1503
Invesco S&P 500 Equal Weight Health Care ETF
RSPH
$835M
| $12.7M | ﹤0.01% |
+669,850
| New | +$14.2M |
|
1504
Booz Allen Hamilton
BAH
$8.88B
| $12.7M | ﹤0.01% |
184,531
+28,460
| +18% | +$2.1M |
|
1505
CALL
iShares MSCI Europe Financials ETF
EUFN
$4.36B
| $12.6M | ﹤0.01% |
1,006,100
+989,900
| +6,110% | +$16.9M |
|
|
SNP
1506
PUT
DELISTED
CHINA PETROLEUM & CHEMICAL CORPORATION ADS (REP 100 ORDINARY H SHARES)
SNP
| $12.6M | ﹤0.01% |
258,700
+221,600
| +597% | +$11.8M |
|
1507
CALL
Newell Brands
NWL
$2.53B
| $12.6M | ﹤0.01% |
948,500
-182,400
| -16% | -$3.14M |
|
1508
PUT
Molson Coors Class B
TAP
$7.83B
| $12.6M | ﹤0.01% |
321,900
-17,100
| -5% | -$866K |
|
1509
Equity Lifestyle Properties
ELS
$12.7B
| $12.5M | ﹤0.01% |
218,322
+57,256
| +36% | +$3.91M |
|
|
JOYY
1510
CALL
JOYY Inc
JOYY
$3.78B
| $12.5M | ﹤0.01% |
235,500
+27,900
| +13% | +$1.62M |
|
|
OPTU
1511
PUT
Optimum Communications Inc
OPTU
$381M
| $12.5M | ﹤0.01% |
562,600
-203,000
| -27% | -$5.3M |
|
1512
PUT
iShares Select Dividend ETF
DVY
$23.9B
| $12.5M | ﹤0.01% |
169,700
+75,300
| +80% | +$7.2M |
|
1513
lululemon athletica
LULU
$13.4B
| $12.5M | ﹤0.01% |
65,754
-336,697
| -84% | -$75.3M |
|
1514
CALL
iShares Core S&P Mid-Cap ETF
IJH
$125B
| $12.5M | ﹤0.01% |
433,000
-180,500
| -29% | -$6.71M |
|
|
SPR
1515
PUT
DELISTED
Spirit AeroSystems
SPR
| $12.4M | ﹤0.01% |
519,700
+391,200
| +304% | +$21.6M |
|
1516
iShares MSCI Hong Kong ETF
EWH
$1.27B
| $12.4M | ﹤0.01% |
621,230
+380,672
| +158% | +$8.69M |
|
1517
PUT
Realty Income
O
$59.5B
| $12.4M | ﹤0.01% |
256,349
-96,079
| -27% | -$6.69M |
|
1518
CALL
Nice
NICE
$5.88B
| $12.4M | ﹤0.01% |
86,200
+72,100
| +511% | +$11.6M |
|
1519
State Street SPDR Portfolio Short Term Treasury ETF
SPTS
$6.12B
| $12.4M | ﹤0.01% |
402,371
+320,617
| +392% | +$9.7M |
|
|
GRMN
1520
CALL
Garmin
GRMN
$55.6B
| $12.3M | ﹤0.01% |
164,700
+78,000
| +90% | +$7.06M |
|
1521
CALL
Penumbra
PEN
$12.8B
| $12.3M | ﹤0.01% |
76,500
+12,700
| +20% | +$2.14M |
|
|
MOMO
1522
Hello Group
MOMO
$853M
| $12.3M | ﹤0.01% |
568,745
+271,741
| +91% | +$8.1M |
|
|
ANSS
1523
CALL
DELISTED
Ansys
ANSS
| $12.3M | ﹤0.01% |
52,800
+30,100
| +133% | +$7.76M |
|
|
CCMP
1524
PUT
DELISTED
CMC Materials, Inc. Common Stock
CCMP
| $12.3M | ﹤0.01% |
107,400
+70,400
| +190% | +$9.82M |
|
1525
Alerian MLP ETF
AMLP
$13.2B
| $12.2M | ﹤0.01% |
711,250
+648,756
| +1,038% | +$22M |
|
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.