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 | |
|---|---|---|---|---|---|---|
1701
Plug Power
PLUG
$3.17B
| $10.1M | ﹤0.01% |
2,861,222
-325,131
| -10% | -$1.32M |
|
1702
CALL
Nutrien
NTR
$34.8B
| $10.1M | ﹤0.01% |
297,600
-109,500
| -27% | -$4.38M |
|
1703
PUT
Herbalife
HLF
$1.35B
| $10.1M | ﹤0.01% |
345,300
-151,600
| -31% | -$5.64M |
|
1704
CALL
Check Point Software Technologies
CHKP
$13.2B
| $10.1M | ﹤0.01% |
100,100
+78,000
| +353% | +$8.35M |
|
|
SGI
1705
CALL
Somnigroup International
SGI
$13.5B
| $10.1M | ﹤0.01% |
920,400
+188,000
| +26% | +$3.57M |
|
1706
PUT
Baxter International
BAX
$13.6B
| $10.1M | ﹤0.01% |
123,800
-136,400
| -52% | -$11.8M |
|
1707
Teradyne
TER
$57.3B
| $10M | ﹤0.01% |
185,504
-28,991
| -14% | -$1.84M |
|
1708
Ally Financial
ALLY
$13B
| $10M | ﹤0.01% |
695,965
-76,231
| -10% | -$2M |
|
1709
PUT
Insulet
PODD
$9.92B
| $10M | ﹤0.01% |
60,600
+20,600
| +52% | +$3.76M |
|
1710
CALL
Welltower
WELL
$174B
| $10M | ﹤0.01% |
219,300
+103,800
| +90% | +$7.66M |
|
1711
PUT
argenx
ARGX
$63.8B
| $10M | ﹤0.01% |
76,200
+55,300
| +265% | +$8.09M |
|
1712
Invesco Aerospace & Defense ETF
PPA
$8.11B
| $10M | ﹤0.01% |
201,110
+167,872
| +505% | +$10.9M |
|
1713
Axsome Therapeutics
AXSM
$10.8B
| $10M | ﹤0.01% |
170,222
-333,132
| -66% | -$27.1M |
|
1714
PUT
Newell Brands
NWL
$2.53B
| $10M | ﹤0.01% |
754,100
-82,800
| -10% | -$1.42M |
|
1715
PUT
Direxion Daily Small Cap Bull 3x ETF
TNA
$1.3B
| $10M | ﹤0.01% |
604,200
-243,500
| -29% | -$13.2M |
|
1716
ArcelorMittal
MT
$55.5B
| $9.98M | ﹤0.01% |
1,069,470
+1,048,773
| +5,067% | +$14.7M |
|
1717
Constellation Brands
STZ
$23.1B
| $9.96M | ﹤0.01% |
69,507
-226,855
| -77% | -$40M |
|
1718
Zillow
ZG
$8.34B
| $9.96M | ﹤0.01% |
293,223
+261,554
| +826% | +$12M |
|
|
CEO
1719
CALL
DELISTED
CNOOC Limited
CEO
| $9.95M | ﹤0.01% |
96,200
+29,600
| +44% | +$4.21M |
|
1720
CALL
State Street SPDR Bloomberg High Yield Bond ETF
JNK
$6.68B
| $9.95M | ﹤0.01% |
105,000
+64,900
| +162% | +$6.81M |
|
1721
Schwab International Equity ETF
SCHF
$70B
| $9.94M | ﹤0.01% |
769,234
+138,708
| +22% | +$2.13M |
|
1722
Atlassian
TEAM
$42.1B
| $9.93M | ﹤0.01% |
72,339
-133,275
| -65% | -$18.6M |
|
1723
CALL
Amphenol
APH
$196B
| $9.93M | ﹤0.01% |
544,800
+154,000
| +39% | +$3.67M |
|
|
MYOK
1724
PUT
DELISTED
MyoKardia, Inc. Common Stock
MYOK
| $9.9M | ﹤0.01% |
211,200
+160,500
| +317% | +$10.3M |
|
|
GBT
1725
CALL
DELISTED
Global Blood Therapeutics, Inc.
GBT
| $9.89M | ﹤0.01% |
193,500
-247,000
| -56% | -$16.5M |
|
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.