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 | |
|---|---|---|---|---|---|---|
1501
CALL
Teleflex
TFX
$5.84B
| $18M | ﹤0.01% |
49,500
+29,500
| +148% | +$10.2M |
|
|
IPHI
1502
CALL
DELISTED
INPHI CORPORATION
IPHI
| $18M | ﹤0.01% |
153,300
+49,300
| +47% | +$5.19M |
|
1503
iShares MSCI Japan ETF
EWJ
$22.7B
| $18M | ﹤0.01% |
327,452
+170,597
| +109% | +$9.05M |
|
1504
PUT
Paychex
PAYX
$45B
| $18M | ﹤0.01% |
237,400
+17,800
| +8% | +$1.23M |
|
1505
PUT
Truist Financial
TFC
$61.4B
| $18M | ﹤0.01% |
478,400
+262,300
| +121% | +$9.45M |
|
|
NVTA
1506
PUT
DELISTED
Invitae Corporation
NVTA
| $17.9M | ﹤0.01% |
591,200
-107,200
| -15% | -$1.87M |
|
|
CRON
1507
PUT
Cronos Group
CRON
$1.25B
| $17.9M | ﹤0.01% |
2,974,200
-290,600
| -9% | -$1.78M |
|
1508
PUT
United Parks & Resorts
PRKS
$1.93B
| $17.9M | ﹤0.01% |
1,206,300
+38,200
| +3% | +$563K |
|
1509
CALL
Neurocrine Biosciences
NBIX
$15.8B
| $17.9M | ﹤0.01% |
146,400
+56,200
| +62% | +$6.21M |
|
1510
PUT
NetApp
NTAP
$37.4B
| $17.9M | ﹤0.01% |
402,500
-148,800
| -27% | -$6.39M |
|
1511
US Bancorp
USB
$97.2B
| $17.9M | ﹤0.01% |
484,953
+429,259
| +771% | +$15.3M |
|
1512
First Solar
FSLR
$22.6B
| $17.8M | ﹤0.01% |
360,385
+209,387
| +139% | +$9.34M |
|
1513
PUT
Ligand Pharmaceuticals
LGND
$5.67B
| $17.8M | ﹤0.01% |
255,198
+142,186
| +126% | +$9.01M |
|
1514
Aurinia Pharmaceuticals
AUPH
$2.19B
| $17.8M | ﹤0.01% |
1,095,599
-2,852
| -0.3% | -$45.7K |
|
1515
PUT
ProShares UltraPro S&P 500
UPRO
$5.61B
| $17.8M | ﹤0.01% |
801,800
+200,000
| +33% | +$3.89M |
|
1516
CALL
Invesco Mortgage Capital
IVR
$799M
| $17.8M | ﹤0.01% |
474,870
+471,320
| +13,277% | +$16.2M |
|
1517
CALL
Texas Roadhouse
TXRH
$13.1B
| $17.7M | ﹤0.01% |
337,500
+230,900
| +217% | +$11.3M |
|
1518
PUT
Insulet
PODD
$9.95B
| $17.7M | ﹤0.01% |
91,100
+30,500
| +50% | +$5.83M |
|
1519
Vanguard ESG International Stock ETF
VSGX
$6.84B
| $17.7M | ﹤0.01% |
+367,628
| New | +$16.6M |
|
|
HOLX
1520
CALL
DELISTED
Hologic
HOLX
| $17.7M | ﹤0.01% |
310,100
+194,200
| +168% | +$9.53M |
|
1521
PUT
KKR & Co
KKR
$98.1B
| $17.7M | ﹤0.01% |
571,800
-768,600
| -57% | -$20.6M |
|
|
CERN
1522
PUT
DELISTED
Cerner Corp
CERN
| $17.7M | ﹤0.01% |
257,500
-225,000
| -47% | -$15.5M |
|
1523
CALL
Gen Digital
GEN
$18.3B
| $17.7M | ﹤0.01% |
890,100
-1,013,500
| -53% | -$20.6M |
|
1524
CALL
Moody's
MCO
$88.2B
| $17.6M | ﹤0.01% |
64,200
-9,100
| -12% | -$2.31M |
|
1525
PUT
Enbridge
ENB
$109B
| $17.6M | ﹤0.01% |
578,500
-675,200
| -54% | -$20.7M |
|
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.