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 | |
|---|---|---|---|---|---|---|
1876
HEICO Corp
HEI
$49.3B
| $8.64M | ﹤0.01% |
115,765
+104,658
| +942% | +$11.4M |
|
1877
WisdomTree US MidCap Dividend Fund
DON
$4.06B
| $8.63M | ﹤0.01% |
357,314
+351,379
| +5,920% | +$11.8M |
|
1878
ProShares Trust UltraShort Lehman 20+ Year Treasury
TBT
$296M
| $8.63M | ﹤0.01% |
536,540
-118,658
| -18% | -$2.57M |
|
1879
CALL
QuidelOrtho
QDEL
$1.01B
| $8.62M | ﹤0.01% |
88,100
+72,500
| +465% | +$5.86M |
|
1880
CALL
Tencent Music
TME
$14.4B
| $8.62M | ﹤0.01% |
856,600
+197,700
| +30% | +$2.43M |
|
1881
Virtu Financial
VIRT
$5.8B
| $8.61M | ﹤0.01% |
413,753
+202,082
| +95% | +$3.73M |
|
1882
CALL
Alamos Gold
AGI
$16B
| $8.61M | ﹤0.01% |
1,721,200
+920,000
| +115% | +$5.4M |
|
1883
PUT
Guidewire Software
GWRE
$15.5B
| $8.61M | ﹤0.01% |
108,500
+17,100
| +19% | +$1.79M |
|
1884
PUT
Melco Resorts & Entertainment
MLCO
$2.09B
| $8.6M | ﹤0.01% |
693,400
-118,500
| -15% | -$2.26M |
|
1885
PUT
JetBlue
JBLU
$1.95B
| $8.59M | ﹤0.01% |
959,800
+469,600
| +96% | +$7.78M |
|
1886
CALL
Haemonetics
HAE
$4.9B
| $8.58M | ﹤0.01% |
86,100
+72,400
| +528% | +$7.85M |
|
|
HRC
1887
CALL
DELISTED
HILL-ROM HOLDINGS, INC.
HRC
| $8.58M | ﹤0.01% |
85,300
+46,400
| +119% | +$4.81M |
|
1888
PUT
iShares TIPS Bond ETF
TIP
$15B
| $8.57M | ﹤0.01% |
72,700
-12,100
| -14% | -$1.43M |
|
|
BLUE
1889
PUT
DELISTED
bluebird bio
BLUE
| $8.57M | ﹤0.01% |
14,398
-3,111
| -18% | -$3.03M |
|
1890
PUT
Appian
APPN
$2.79B
| $8.55M | ﹤0.01% |
212,500
+13,700
| +7% | +$637K |
|
1891
PUT
MPLX
MPLX
$59.5B
| $8.54M | ﹤0.01% |
735,200
+91,000
| +14% | +$1.86M |
|
|
CCXI
1892
DELISTED
ChemoCentryx, Inc.
CCXI
| $8.54M | ﹤0.01% |
212,619
+124,446
| +141% | +$5.28M |
|
|
SAVE
1893
PUT
DELISTED
Spirit Airlines, Inc.
SAVE
| $8.53M | ﹤0.01% |
661,500
+473,600
| +252% | +$15.2M |
|
|
SAVE
1894
CALL
DELISTED
Spirit Airlines, Inc.
SAVE
| $8.51M | ﹤0.01% |
660,100
+446,400
| +209% | +$14.3M |
|
1895
CALL
Alaska Air
ALK
$4.88B
| $8.48M | ﹤0.01% |
298,000
+79,200
| +36% | +$4.31M |
|
1896
PUT
Dave & Buster's
PLAY
$351M
| $8.47M | ﹤0.01% |
647,700
+530,500
| +453% | +$18.2M |
|
1897
PUT
FirstEnergy
FE
$27.1B
| $8.47M | ﹤0.01% |
211,300
+17,700
| +9% | +$823K |
|
1898
PUT
CMS Energy
CMS
$21.7B
| $8.45M | ﹤0.01% |
+143,900
| New | +$9.21M |
|
1899
iShares MSCI Pacific ex Japan ETF
EPP
$2.34B
| $8.45M | ﹤0.01% |
+249,169
| New | +$10.6M |
|
1900
CALL
Ingredion
INGR
$6.61B
| $8.45M | ﹤0.01% |
111,900
+20,000
| +22% | +$1.72M |
|
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.