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 | Miscellaneous | 92.99% |
| 2 | Technology | 1.99% |
| 3 | Consumer Discretionary | 1.08% |
| 4 | Financials | 1% |
| 5 | Communication Services | 0.82% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
1501
PUT
iShares 1-3 Year Treasury Bond ETF
SHY
$25.4B
| $19.3M | ﹤0.01% |
222,800
+123,600
| +125% | +$10.7M |
|
1502
iShares ESG Aware MSCI EAFE ETF
ESGD
$12.2B
| $19.3M | ﹤0.01% |
+303,450
| New | +$19.4M |
|
1503
Mondelez International
MDLZ
$80.2B
| $19.3M | ﹤0.01% |
335,241
-943,343
| -74% | -$52.5M |
|
1504
PUT
Dropbox
DBX
$7.78B
| $19.2M | ﹤0.01% |
997,400
-81,300
| -8% | -$1.69M |
|
1505
PUT
FIVE9
FIVN
$2.54B
| $19.2M | ﹤0.01% |
148,000
+110,800
| +298% | +$13.3M |
|
1506
PUT
Vail Resorts
MTN
$5.22B
| $19.2M | ﹤0.01% |
89,700
-107,700
| -55% | -$22.2M |
|
1507
CALL
Inovio Pharmaceuticals
INO
$131M
| $19.2M | ﹤0.01% |
137,617
-49,108
| -26% | -$10.2M |
|
1508
CALL
iShares Core US Aggregate Bond ETF
AGG
$139B
| $19.1M | ﹤0.01% |
162,100
+60,000
| +59% | +$7.12M |
|
1509
PUT
British American Tobacco
BTI
$122B
| $19.1M | ﹤0.01% |
529,400
+401,400
| +314% | +$14.1M |
|
1510
Valero Energy
VLO
$100B
| $19.1M | ﹤0.01% |
441,602
+82,885
| +23% | +$4.34M |
|
1511
CALL
Plug Power
PLUG
$3.17B
| $19.1M | ﹤0.01% |
1,426,500
-193,200
| -12% | -$2.13M |
|
1512
PUT
Post Holdings
POST
$3.73B
| $19.1M | ﹤0.01% |
339,369
+37,131
| +12% | +$2.12M |
|
1513
PUT
Insulet
PODD
$9.95B
| $19.1M | ﹤0.01% |
80,700
-10,400
| -11% | -$2.19M |
|
1514
Ambarella
AMBA
$3.1B
| $19.1M | ﹤0.01% |
365,322
+93,861
| +35% | +$4.54M |
|
1515
CALL
iShares US Home Construction ETF
ITB
$2.23B
| $19.1M | ﹤0.01% |
336,500
+49,400
| +17% | +$2.58M |
|
1516
CALL
Lumentum
LITE
$85.3B
| $19M | ﹤0.01% |
253,200
-22,800
| -8% | -$1.89M |
|
1517
Nutanix
NTNX
$19.1B
| $19M | ﹤0.01% |
856,631
-645,272
| -43% | -$14.7M |
|
|
EXAS
1518
DELISTED
Exact Sciences
EXAS
| $19M | ﹤0.01% |
186,315
-229,668
| -55% | -$19.8M |
|
|
SAVE
1519
DELISTED
Spirit Airlines, Inc.
SAVE
| $19M | ﹤0.01% |
1,178,288
-769,182
| -39% | -$13.2M |
|
1520
PUT
Aflac
AFL
$58.5B
| $19M | ﹤0.01% |
521,500
+111,100
| +27% | +$4.05M |
|
1521
CALL
Campbell Soup
CPB
$6.97B
| $18.9M | ﹤0.01% |
391,300
+167,700
| +75% | +$8.28M |
|
1522
CALL
Johnson Controls International
JCI
$86B
| $18.9M | ﹤0.01% |
462,500
+120,300
| +35% | +$4.71M |
|
|
X
1523
DELISTED
US Steel
X
| $18.9M | ﹤0.01% |
2,573,062
+668,668
| +35% | +$5.07M |
|
|
1524
PUT
Johnson Controls International
JCI
$86B
| $18.8M | ﹤0.01% |
460,900
-35,700
| -7% | -$1.4M |
|
|
VSLR
1525
PUT
DELISTED
VIVINT SOLAR, INC.
VSLR
| $18.8M | ﹤0.01% |
444,200
+409,500
| +1,180% | +$10.6M |
|
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's Q3 2020 filing shows 1,567 new, 4,405 increased, 4,403 reduced and 1,138 closed positions. Its largest new stake was iShares iBoxx $ Investment Grade Corporate Bond ETF: 2,104,687 shares worth $284M. The largest sale was Invesco QQQ Trust, an estimated $3.18B.
By sector, the portfolio is most concentrated in Miscellaneous at 93% of assets, up from 92% a quarter earlier, followed by Technology and Consumer Discretionary.
- 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.