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 | |
|---|---|---|---|---|---|---|
|
UN
1776
DELISTED
Unilever NV New York Registry Shares
UN
| $9.46M | ﹤0.01% |
193,796
+146,522
| +310% | +$8.01M |
|
1777
CALL
SiriusXM
SIRI
$9.68B
| $9.45M | ﹤0.01% |
191,290
-45,780
| -19% | -$2.99M |
|
|
CLDR
1778
PUT
DELISTED
Cloudera, Inc.
CLDR
| $9.44M | ﹤0.01% |
1,199,700
-1,349,300
| -53% | -$13.2M |
|
1779
Elastic
ESTC
$8.36B
| $9.44M | ﹤0.01% |
169,107
-77,605
| -31% | -$5.01M |
|
1780
CALL
Church & Dwight Co
CHD
$24.3B
| $9.43M | ﹤0.01% |
146,900
+82,600
| +128% | +$5.86M |
|
1781
Bilibili
BILI
$6.93B
| $9.43M | ﹤0.01% |
402,507
+97,787
| +32% | +$2.36M |
|
|
NVTA
1782
CALL
DELISTED
Invitae Corporation
NVTA
| $9.42M | ﹤0.01% |
689,300
+438,900
| +175% | +$8.02M |
|
1783
CALL
Copa Holdings
CPA
$6.04B
| $9.42M | ﹤0.01% |
208,000
+121,800
| +141% | +$10.4M |
|
1784
HubSpot
HUBS
$11.9B
| $9.4M | ﹤0.01% |
70,559
+43,003
| +156% | +$7.14M |
|
1785
Ross Stores
ROST
$77.4B
| $9.38M | ﹤0.01% |
107,851
-114,732
| -52% | -$12.3M |
|
|
TIF
1786
DELISTED
Tiffany & Co.
TIF
| $9.37M | ﹤0.01% |
72,368
+40,312
| +126% | +$5.3M |
|
1787
PUT
XPO
XPO
$22.5B
| $9.33M | ﹤0.01% |
553,413
+45,106
| +9% | +$1.21M |
|
|
TWOU
1788
PUT
DELISTED
2U Inc
TWOU
| $9.32M | ﹤0.01% |
14,647
+5,170
| +55% | +$3.49M |
|
1789
PUT
Teck Resources
TECK
$35.1B
| $9.32M | ﹤0.01% |
1,232,700
+536,900
| +77% | +$6.43M |
|
1790
MGM Resorts International
MGM
$10.9B
| $9.31M | ﹤0.01% |
788,665
+593,067
| +303% | +$15.3M |
|
|
HUYA
1791
Huya Inc
HUYA
$491M
| $9.3M | ﹤0.01% |
548,839
-99,635
| -15% | -$1.85M |
|
|
FLG
1792
PUT
Flagstar Bank National Association
FLG
$5.58B
| $9.29M | ﹤0.01% |
329,800
+168,133
| +104% | +$5.59M |
|
1793
PUT
Golar LNG
GLNG
$5.31B
| $9.27M | ﹤0.01% |
1,176,400
+524,900
| +81% | +$5.76M |
|
1794
CALL
SBA Communications
SBAC
$19.9B
| $9.26M | ﹤0.01% |
34,300
-5,100
| -13% | -$1.35M |
|
1795
CALL
Carlyle Group
CG
$17.4B
| $9.26M | ﹤0.01% |
427,600
-9,500
| -2% | -$274K |
|
1796
CALL
Ascendis Pharma A/S
ASND
$16.6B
| $9.21M | ﹤0.01% |
81,800
-94,200
| -54% | -$12.2M |
|
1797
Caterpillar
CAT
$373B
| $9.19M | ﹤0.01% |
79,167
-344,442
| -81% | -$44M |
|
1798
PUT
CRISPR Therapeutics
CRSP
$5.89B
| $9.18M | ﹤0.01% |
216,400
-182,400
| -46% | -$9.42M |
|
1799
PUT
Wendy's
WEN
$1.74B
| $9.18M | ﹤0.01% |
616,800
+507,800
| +466% | +$9.99M |
|
1800
PUT
Waters Corp
WAT
$40.7B
| $9.16M | ﹤0.01% |
50,300
+32,900
| +189% | +$6.94M |
|
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.