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 |
Invesco QQQ Trust
QQQ
|
+$2.33B |
| 2 |
iShares Russell 2000 ETF
IWM
|
+$1.22B |
| 3 |
JPMorgan Chase
JPM
|
+$761M |
| 4 |
Bank of America
BAC
|
+$427M |
| 5 |
Alibaba
BABA
|
+$327M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$2.49B |
| 2 |
Apple
AAPL
|
+$1.26B |
| 3 |
Microsoft
MSFT
|
+$685M |
| 4 |
Tesla
TSLA
|
+$478M |
| 5 |
Netflix
NFLX
|
+$297M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Miscellaneous | 91.84% |
| 2 | Technology | 1.62% |
| 3 | Communication Services | 1.38% |
| 4 | Financials | 1.25% |
| 5 | Consumer Discretionary | 1.12% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
1901
Arch Capital
ACGL
$33.9B
| $12.1M | ﹤0.01% |
421,428
+401,893
| +2,057% | +$11.1M |
|
1902
CALL
iShares Core US Aggregate Bond ETF
AGG
$138B
| $12.1M | ﹤0.01% |
102,100
-222,200
| -69% | -$26M |
|
|
LBRDK
1903
DELISTED
Liberty Broadband Class C
LBRDK
| $12.1M | ﹤0.01% |
97,323
+87,564
| +897% | +$11M |
|
1904
CALL
Alaska Air
ALK
$4.78B
| $12.1M | ﹤0.01% |
332,600
+34,600
| +12% | +$1.13M |
|
1905
PUT
Teledyne Technologies
TDY
$28.8B
| $12M | ﹤0.01% |
38,700
+27,700
| +252% | +$9.11M |
|
1906
CALL
Jack in the Box
JACK
$313M
| $12M | ﹤0.01% |
162,300
+92,300
| +132% | +$5.69M |
|
1907
PUT
Wabtec
WAB
$49.9B
| $12M | ﹤0.01% |
208,600
+60,200
| +41% | +$3.41M |
|
1908
PUT
Unisys
UIS
$196M
| $12M | ﹤0.01% |
1,100,600
+207,000
| +23% | +$2.39M |
|
1909
CALL
M&T Bank
MTB
$34.6B
| $12M | ﹤0.01% |
115,300
-51,000
| -31% | -$5.38M |
|
|
HES
1910
DELISTED
Hess
HES
| $12M | ﹤0.01% |
231,220
+70,682
| +44% | +$3.24M |
|
|
ARNA
1911
CALL
DELISTED
Arena Pharmaceuticals Inc
ARNA
| $12M | ﹤0.01% |
190,300
+49,800
| +35% | +$2.74M |
|
1912
PUT
National Beverage
FIZZ
$3.06B
| $12M | ﹤0.01% |
392,600
+192,000
| +96% | +$5.18M |
|
1913
CALL
Ericsson
ERIC
$32.9B
| $12M | ﹤0.01% |
1,285,900
+597,400
| +87% | +$5.19M |
|
1914
CALL
Ingersoll Rand
IR
$30.5B
| $11.9M | ﹤0.01% |
424,900
+371,300
| +693% | +$10.5M |
|
1915
PUT
Sturm, Ruger & Co
RGR
$606M
| $11.9M | ﹤0.01% |
157,000
+85,700
| +120% | +$5.21M |
|
1916
PUT
Direxion Daily 20+ Year Treasury Bull 3X ETF
TMF
$2.28B
| $11.9M | ﹤0.01% |
29,320
-1,550
| -5% | -$644K |
|
1917
Crown Holdings
CCK
$12.8B
| $11.9M | ﹤0.01% |
182,808
-20,975
| -10% | -$1.32M |
|
1918
CALL
Fox Class A
FOXA
$29B
| $11.9M | ﹤0.01% |
443,600
-28,600
| -6% | -$772K |
|
|
LKFT
1919
PUT
Lakefront Biotherapeutics American Depositary Shares
LKFT
$1.91B
| $11.9M | ﹤0.01% |
60,300
-17,500
| -22% | -$3.62M |
|
|
LHCG
1920
DELISTED
LHC Group LLC
LHCG
| $11.9M | ﹤0.01% |
68,249
+53,427
| +360% | +$7.84M |
|
1921
PUT
ProShares UltraPro Short S&P 500
SPXU
$384M
| $11.9M | ﹤0.01% |
10,081
+1,805
| +22% | +$2.75M |
|
1922
CALL
Roper Technologies
ROP
$42.1B
| $11.9M | ﹤0.01% |
30,600
+2,200
| +8% | +$788K |
|
1923
Align Technology
ALGN
$11.2B
| $11.9M | ﹤0.01% |
43,270
+16,240
| +60% | +$3.66M |
|
|
ETFC
1924
PUT
DELISTED
E*Trade Financial Corporation
ETFC
| $11.8M | ﹤0.01% |
238,100
-304,800
| -56% | -$13.1M |
|
1925
CALL
FirstEnergy
FE
$26.8B
| $11.8M | ﹤0.01% |
305,100
-416,700
| -58% | -$17.2M |
|
Similar funds
Jeff Yass's Q2 2020 Portfolio in Review
As of Q2 2020, Jeff Yass held 11,586 positions worth $415B, up 32% from $314B the previous quarter. Its ten largest holdings account for 30% of the portfolio.
Jeff Yass's Q2 2020 filing shows 1,443 new, 4,471 increased, 4,026 reduced and 1,558 closed positions. Its largest new stake was VelocityShares 3x Long Natural Gas ETN linked to the S&P GSCI Natural Gas Index ER due February 9, 2: 1,220,649 shares worth $12.4M. The largest sale was State Street SPDR S&P 500 ETF Trust, an estimated $2.49B.
By sector, the portfolio is most concentrated in Miscellaneous at 92% of assets, down from 92% a quarter earlier, followed by Technology and Communication Services.
- Jeff Yass's largest Q2 2020 buy was VelocityShares 3x Long Natural Gas ETN linked to the S&P GSCI Natural Gas Index ER due February 9, 2: 1,220,649 shares worth $12.4M.
- Jeff Yass added most to Invesco QQQ Trust in Q2 2020, an estimated $2.33B increase.
- Jeff Yass's biggest Q2 2020 reduction was State Street SPDR S&P 500 ETF Trust, cutting an estimated $2.49B.
- Jeff Yass fully exited iPath Series B S&P 500 VIX Short-Term Futures ETN in Q2 2020, selling an estimated $119M.
- Jeff Yass's ten largest holdings make up 30% of its $415B portfolio in Q2 2020.
- Jeff Yass opened 1,443 new positions and closed 1,558 in Q2 2020.
- Jeff Yass's portfolio value rose 32% quarter-over-quarter to $415B.
Based on Susquehanna International Group's 13F filing for Q2 2020, filed 14 Aug 2020.