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 | |
|---|---|---|---|---|---|---|
1676
CALL
BorgWarner
BWA
$13.3B
| $10.4M | ﹤0.01% |
483,482
+357,840
| +285% | +$10.3M |
|
1677
Bunge Global
BG
$21.5B
| $10.4M | ﹤0.01% |
252,386
-167,574
| -40% | -$8.2M |
|
1678
F5
FFIV
$21.7B
| $10.3M | ﹤0.01% |
97,031
+73,354
| +310% | +$8.97M |
|
1679
PUT
Hartford Financial Services
HIG
$37.4B
| $10.3M | ﹤0.01% |
293,400
+229,400
| +358% | +$12M |
|
1680
CALL
FIVE9
FIVN
$2.41B
| $10.3M | ﹤0.01% |
135,100
+47,200
| +54% | +$3.36M |
|
1681
Burlington
BURL
$19.8B
| $10.3M | ﹤0.01% |
65,089
+6,560
| +11% | +$1.38M |
|
1682
CALL
Canadian Solar
CSIQ
$970M
| $10.3M | ﹤0.01% |
647,900
-781,900
| -55% | -$15.8M |
|
1683
PUT
Nutrien
NTR
$34.8B
| $10.3M | ﹤0.01% |
303,600
-234,400
| -44% | -$9.38M |
|
|
LSI
1684
DELISTED
Life Storage, Inc.
LSI
| $10.3M | ﹤0.01% |
163,428
+123,624
| +311% | +$8.83M |
|
1685
CALL
Stellantis
STLA
$19.8B
| $10.3M | ﹤0.01% |
1,429,100
-1,807,900
| -56% | -$21.4M |
|
1686
PUT
Invesco CurrencyShares Euro Currency Trust
FXE
$361M
| $10.3M | ﹤0.01% |
98,500
-46,600
| -32% | -$4.87M |
|
1687
PUT
Synopsys
SNPS
$78.3B
| $10.3M | ﹤0.01% |
79,700
+31,100
| +64% | +$4.42M |
|
1688
PUT
WD-40
WDFC
$2.87B
| $10.3M | ﹤0.01% |
51,100
+33,400
| +189% | +$6.29M |
|
1689
CALL
FMC
FMC
$1.4B
| $10.3M | ﹤0.01% |
125,600
+70,600
| +128% | +$6.55M |
|
1690
CALL
Acadia Pharmaceuticals
ACAD
$5.27B
| $10.3M | ﹤0.01% |
242,800
-128,700
| -35% | -$5.3M |
|
1691
TAL Education Group
TAL
$6.43B
| $10.2M | ﹤0.01% |
192,133
+184,842
| +2,535% | +$9.94M |
|
1692
Moderna
MRNA
$63.4B
| $10.2M | ﹤0.01% |
341,626
+216,857
| +174% | +$4.99M |
|
1693
CALL
Elanco Animal Health
ELAN
$12.5B
| $10.2M | ﹤0.01% |
456,700
+130,800
| +40% | +$3.58M |
|
1694
Exelixis
EXEL
$14.1B
| $10.2M | ﹤0.01% |
592,836
-146,040
| -20% | -$2.67M |
|
1695
PUT
iShares 1-3 Year Treasury Bond ETF
SHY
$25.5B
| $10.2M | ﹤0.01% |
117,600
-32,700
| -22% | -$2.79M |
|
1696
CALL
ProShares UltraPro Short Dow 30
SDOW
$158M
| $10.2M | ﹤0.01% |
13,200
+2,594
| +24% | +$1.86M |
|
1697
CALL
Bank of Montreal
BMO
$121B
| $10.2M | ﹤0.01% |
202,300
-87,400
| -30% | -$5.93M |
|
|
FITB
1698
CALL
Fifth Third Bancorp
FITB
$49.8B
| $10.2M | ﹤0.01% |
684,600
+439,100
| +179% | +$11M |
|
1699
Apollo Global Management
APO
$78.6B
| $10.1M | ﹤0.01% |
302,733
+294,070
| +3,395% | +$12.6M |
|
1700
PUT
StoneCo
STNE
$2.26B
| $10.1M | ﹤0.01% |
465,400
+136,400
| +41% | +$5.2M |
|
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.