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 | |
|---|---|---|---|---|---|---|
1826
PUT
Corpay
CPAY
$27.1B
| $8.94M | ﹤0.01% |
47,900
-168,000
| -78% | -$46.4M |
|
1827
CALL
Broadridge
BR
$21.1B
| $8.93M | ﹤0.01% |
94,200
+47,600
| +102% | +$5.43M |
|
1828
BlackBerry
BB
$4.57B
| $8.93M | ﹤0.01% |
2,162,346
-1,853,592
| -46% | -$10.1M |
|
1829
PUT
ProShares VIX Mid-Term Futures ETF
VIXM
$157M
| $8.93M | ﹤0.01% |
232,300
-13,200
| -5% | -$339K |
|
1830
PUT
Aptiv
APTV
$9.68B
| $8.9M | ﹤0.01% |
180,800
-71,300
| -28% | -$5.59M |
|
|
TGNA
1831
CALL
DELISTED
TEGNA Inc
TGNA
| $8.89M | ﹤0.01% |
818,500
+710,600
| +659% | +$11.4M |
|
1832
PUT
Conagra Brands
CAG
$7.81B
| $8.89M | ﹤0.01% |
302,900
-109,000
| -26% | -$3.29M |
|
1833
PPG Industries
PPG
$25.3B
| $8.88M | ﹤0.01% |
106,259
+18,495
| +21% | +$2.05M |
|
|
CTRA
1834
PUT
DELISTED
Coterra Energy
CTRA
| $8.88M | ﹤0.01% |
516,600
+238,000
| +85% | +$3.77M |
|
|
CMBT
1835
PUT
CMB.TECH NV
CMBT
$5.27B
| $8.87M | ﹤0.01% |
786,500
+697,900
| +788% | +$7.19M |
|
1836
First Trust Financials AlphaDEX Fund
FXO
$1.13B
| $8.86M | ﹤0.01% |
419,182
+386,509
| +1,183% | +$11.6M |
|
1837
PUT
Interactive Brokers
IBKR
$44.5B
| $8.86M | ﹤0.01% |
820,800
+18,000
| +2% | +$218K |
|
1838
Incyte
INCY
$26.3B
| $8.86M | ﹤0.01% |
120,943
-18,469
| -13% | -$1.4M |
|
1839
CALL
KeyCorp
KEY
$23.4B
| $8.86M | ﹤0.01% |
854,100
-66,700
| -7% | -$1.11M |
|
1840
CALL
Roper Technologies
ROP
$40.9B
| $8.86M | ﹤0.01% |
28,400
+2,600
| +10% | +$921K |
|
1841
PUT
TransUnion
TRU
$16.3B
| $8.84M | ﹤0.01% |
+133,600
| New | +$11.5M |
|
1842
CALL
Caesars Entertainment
CZR
$6.04B
| $8.84M | ﹤0.01% |
613,600
+467,200
| +319% | +$21.9M |
|
1843
CALL
STMicroelectronics
STM
$44.1B
| $8.83M | ﹤0.01% |
413,400
-178,500
| -30% | -$4.71M |
|
1844
Invesco Ultra Short Duration ETF
GSY
$3.89B
| $8.83M | ﹤0.01% |
+179,008
| New | +$8.97M |
|
|
XLRN
1845
PUT
DELISTED
Acceleron Pharma
XLRN
| $8.82M | ﹤0.01% |
98,200
+50,300
| +105% | +$3.91M |
|
|
CBB
1846
PUT
DELISTED
Cincinnati Bell Inc.
CBB
| $8.81M | ﹤0.01% |
602,000
-332,500
| -36% | -$4.32M |
|
|
HTZ
1847
CALL
DELISTED
Hertz Global Holdings, Inc.
HTZ
| $8.81M | ﹤0.01% |
1,425,800
-59,900
| -4% | -$810K |
|
1848
CALL
TG Therapeutics
TGTX
$8.48B
| $8.81M | ﹤0.01% |
894,900
+133,700
| +18% | +$1.69M |
|
1849
Synchrony
SYF
$26.3B
| $8.8M | ﹤0.01% |
547,234
+374,000
| +216% | +$10.9M |
|
1850
PUT
Omega Healthcare
OHI
$14.2B
| $8.8M | ﹤0.01% |
331,700
+74,000
| +29% | +$2.81M |
|
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.