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 | |
|---|---|---|---|---|---|---|
1551
W.P. Carey
WPC
$16.4B
| $11.9M | ﹤0.01% |
208,845
+91,334
| +78% | +$6.93M |
|
1552
PUT
Incyte
INCY
$26.3B
| $11.9M | ﹤0.01% |
161,900
-50,500
| -24% | -$3.81M |
|
1553
Honeywell
HON
$68.4B
| $11.9M | ﹤0.01% |
94,012
-168,931
| -64% | -$26.1M |
|
1554
PUT
Elanco Animal Health
ELAN
$12.5B
| $11.8M | ﹤0.01% |
529,100
+43,500
| +9% | +$1.19M |
|
1555
CALL
The Mosaic Company
MOS
$7.72B
| $11.8M | ﹤0.01% |
1,094,400
-448,400
| -29% | -$7.61M |
|
1556
Crown Holdings
CCK
$13.1B
| $11.8M | ﹤0.01% |
203,783
+43,411
| +27% | +$3.02M |
|
1557
PUT
Roper Technologies
ROP
$40.9B
| $11.8M | ﹤0.01% |
37,800
+11,200
| +42% | +$3.97M |
|
1558
First Majestic Silver
AG
$10.5B
| $11.8M | ﹤0.01% |
1,900,203
+418,006
| +28% | +$3.74M |
|
1559
PUT
VanEck Oil Services ETF
OIH
$1.93B
| $11.7M | ﹤0.01% |
145,900
-113,420
| -44% | -$21.1M |
|
|
BHVN
1560
PUT
DELISTED
Biohaven Pharmaceutical Holding Company Ltd.
BHVN
| $11.7M | ﹤0.01% |
344,300
+35,600
| +12% | +$1.63M |
|
1561
PUT
Xerox
XRX
$387M
| $11.7M | ﹤0.01% |
618,600
-233,500
| -27% | -$7.42M |
|
1562
CALL
StoneCo
STNE
$2.26B
| $11.7M | ﹤0.01% |
536,100
-99,800
| -16% | -$3.81M |
|
|
ABMD
1563
DELISTED
Abiomed Inc
ABMD
| $11.7M | ﹤0.01% |
80,373
-64,518
| -45% | -$10.7M |
|
1564
United Parcel Service
UPS
$89.5B
| $11.7M | ﹤0.01% |
124,766
-53,543
| -30% | -$5.55M |
|
1565
CALL
uniQure
QURE
$3.54B
| $11.6M | ﹤0.01% |
245,500
+77,300
| +46% | +$4.44M |
|
|
HUYA
1566
PUT
Huya Inc
HUYA
$491M
| $11.6M | ﹤0.01% |
686,000
-82,200
| -11% | -$1.53M |
|
|
CXO
1567
PUT
DELISTED
CONCHO RESOURCES INC.
CXO
| $11.6M | ﹤0.01% |
271,100
-54,600
| -17% | -$3.8M |
|
1568
CALL
Direxion Daily Technology Bull 3x ETF
TECL
$5.53B
| $11.6M | ﹤0.01% |
997,000
-388,000
| -28% | -$9.04M |
|
1569
PUT
Hewlett Packard
HPE
$70.8B
| $11.6M | ﹤0.01% |
1,193,200
+493,100
| +70% | +$6.46M |
|
1570
CALL
Papa John's
PZZA
$794M
| $11.6M | ﹤0.01% |
217,100
-32,500
| -13% | -$1.96M |
|
1571
PUT
State Street Communication Services Select Sector SPDR ETF
XLC
$22.8B
| $11.6M | ﹤0.01% |
261,900
-6,300
| -2% | -$326K |
|
1572
iShares 5-10 Year Investment Grade Corporate Bond ETF
IGIB
$18.8B
| $11.5M | ﹤0.01% |
+210,148
| New | +$12.1M |
|
1573
PUT
Guardant Health
GH
$22.1B
| $11.5M | ﹤0.01% |
165,700
-198,200
| -54% | -$15.2M |
|
|
CCXI
1574
PUT
DELISTED
ChemoCentryx, Inc.
CCXI
| $11.5M | ﹤0.01% |
286,500
+47,400
| +20% | +$2.01M |
|
1575
PUT
American Financial Group
AFG
$11.9B
| $11.5M | ﹤0.01% |
163,800
+142,200
| +658% | +$13.7M |
|
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.