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 | |
|---|---|---|---|---|---|---|
|
SPR
1651
DELISTED
Spirit AeroSystems
SPR
| $10.6M | ﹤0.01% |
443,150
+429,727
| +3,201% | +$23.8M |
|
1652
ProShares Short VIX Short-Term Futures ETF
SVXY
$246M
| $10.6M | ﹤0.01% |
683,594
+116,604
| +21% | +$3.18M |
|
1653
STMicroelectronics
STM
$44.1B
| $10.6M | ﹤0.01% |
495,583
+479,488
| +2,979% | +$12.6M |
|
1654
PUT
HEICO Corp
HEI
$49.1B
| $10.6M | ﹤0.01% |
141,800
-78,400
| -36% | -$8.57M |
|
1655
CALL
Thor Industries
THO
$4.14B
| $10.6M | ﹤0.01% |
250,700
-78,600
| -24% | -$5.46M |
|
1656
ProShares UltraPro Short Dow 30
SDOW
$158M
| $10.6M | ﹤0.01% |
13,680
+11,371
| +492% | +$8.17M |
|
1657
PUT
Radware
RDWR
$1.17B
| $10.5M | ﹤0.01% |
500,600
+308,000
| +160% | +$7.25M |
|
1658
CALL
Synaptics
SYNA
$3.71B
| $10.5M | ﹤0.01% |
182,200
-157,900
| -46% | -$10.7M |
|
1659
WisdomTree Europe Hedged Equity Fund
HEDJ
$1.84B
| $10.5M | ﹤0.01% |
410,956
+301,080
| +274% | +$9.61M |
|
1660
PUT
State Street
STT
$53B
| $10.5M | ﹤0.01% |
197,600
-153,800
| -44% | -$10.7M |
|
|
FISV
1661
Fiserv Inc
FISV
$27.9B
| $10.5M | ﹤0.01% |
110,783
-44,749
| -29% | -$4.97M |
|
1662
CALL
Keurig Dr Pepper
KDP
$43.3B
| $10.5M | ﹤0.01% |
433,500
+103,800
| +31% | +$2.8M |
|
1663
Qorvo
QRVO
$8.32B
| $10.5M | ﹤0.01% |
130,412
+90,988
| +231% | +$9.1M |
|
1664
Cameco
CCJ
$46.6B
| $10.5M | ﹤0.01% |
1,375,157
-340,851
| -20% | -$2.79M |
|
|
CLDR
1665
DELISTED
Cloudera, Inc.
CLDR
| $10.5M | ﹤0.01% |
1,333,787
-165,392
| -11% | -$1.61M |
|
1666
CALL
Helen of Troy
HELE
$673M
| $10.5M | ﹤0.01% |
72,700
-25,500
| -26% | -$4.32M |
|
1667
CALL
iShares Russell 1000 Value ETF
IWD
$84.2B
| $10.5M | ﹤0.01% |
105,400
+28,600
| +37% | +$3.56M |
|
1668
Xcel Energy
XEL
$48.2B
| $10.4M | ﹤0.01% |
172,950
+37,486
| +28% | +$2.44M |
|
1669
Descartes Systems
DSGX
$6.64B
| $10.4M | ﹤0.01% |
303,071
-32,026
| -10% | -$1.33M |
|
1670
PUT
Takeda Pharmaceutical
TAK
$58.6B
| $10.4M | ﹤0.01% |
685,900
-229,900
| -25% | -$4.17M |
|
|
GAP
1671
CALL
The Gap Inc
GAP
$7.25B
| $10.4M | ﹤0.01% |
1,478,100
+690,200
| +88% | +$10.2M |
|
1672
McDonald's
MCD
$190B
| $10.4M | ﹤0.01% |
62,896
-739,255
| -92% | -$146M |
|
|
JWN
1673
PUT
DELISTED
Nordstrom
JWN
| $10.4M | ﹤0.01% |
677,700
-417,700
| -38% | -$13.9M |
|
1674
CALL
Teck Resources
TECK
$35.1B
| $10.4M | ﹤0.01% |
1,373,800
+1,009,500
| +277% | +$12.1M |
|
|
FIT
1675
PUT
DELISTED
Fitbit, Inc. Class A common stock
FIT
| $10.4M | ﹤0.01% |
1,558,300
+270,400
| +21% | +$1.75M |
|
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.