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 |
Apple
AAPL
|
+$2.66B |
| 2 |
Amazon
AMZN
|
+$421M |
| 3 |
Citigroup
C
|
+$386M |
| 4 |
Wells Fargo
WFC
|
+$288M |
| 5 |
iShares iBoxx $ Investment Grade Corporate Bond ETF
LQD
|
+$287M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Invesco QQQ Trust
QQQ
|
+$3.18B |
| 2 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$2.45B |
| 3 |
iShares Russell 2000 ETF
IWM
|
+$1.45B |
| 4 |
Alphabet (Google) Class A
GOOGL
|
+$533M |
| 5 |
Berkshire Hathaway Class B
BRK.B
|
+$503M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Miscellaneous | 92.99% |
| 2 | Technology | 1.99% |
| 3 | Consumer Discretionary | 1.08% |
| 4 | Financials | 1% |
| 5 | Communication Services | 0.82% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
1901
Markel Group
MKL
$22.4B
| $12.7M | ﹤0.01% |
13,072
+1,076
| +9% | +$1.09M |
|
1902
CALL
McCormick & Company Non-Voting
MKC
$14.7B
| $12.7M | ﹤0.01% |
131,000
-32,800
| -20% | -$3.21M |
|
1903
PUT
State Street
STT
$53.1B
| $12.7M | ﹤0.01% |
214,200
+31,100
| +17% | +$2.02M |
|
1904
State Street Consumer Discretionary Select Sector SPDR ETF
XLY
$22.8B
| $12.7M | ﹤0.01% |
172,698
+69,804
| +68% | +$4.94M |
|
1905
PUT
Unity
U
$19.1B
| $12.7M | ﹤0.01% |
+145,400
| New | +$12.3M |
|
1906
PUT
Unilever
UL
$139B
| $12.7M | ﹤0.01% |
182,844
+1,422
| +0.8% | +$94.9K |
|
1907
PUT
Signet Jewelers
SIG
$3.18B
| $12.6M | ﹤0.01% |
676,200
-212,400
| -24% | -$3.09M |
|
1908
CALL
Packaging Corp of America
PKG
$21.7B
| $12.6M | ﹤0.01% |
115,900
-56,700
| -33% | -$5.8M |
|
1909
CALL
Ubiquiti
UI
$35.9B
| $12.6M | ﹤0.01% |
75,800
-67,700
| -47% | -$11.9M |
|
1910
PUT
Ball Corp
BALL
$16.8B
| $12.6M | ﹤0.01% |
151,800
+3,700
| +2% | +$285K |
|
1911
PUT
CEVA Inc
CEVA
$800M
| $12.6M | ﹤0.01% |
320,500
+46,500
| +17% | +$1.84M |
|
|
TIF
1912
DELISTED
Tiffany & Co.
TIF
| $12.6M | ﹤0.01% |
108,842
-75,665
| -41% | -$9.19M |
|
1913
PUT
SSR Mining
SSRM
$7.95B
| $12.6M | ﹤0.01% |
674,700
+354,000
| +110% | +$7.54M |
|
1914
H&R Block
HRB
$6.47B
| $12.6M | ﹤0.01% |
+773,132
| New | +$11.4M |
|
1915
Teck Resources
TECK
$34.6B
| $12.6M | ﹤0.01% |
904,438
+1,898
| +0.2% | +$22.5K |
|
1916
PUT
Wendy's
WEN
$1.49B
| $12.6M | ﹤0.01% |
564,600
-80,100
| -12% | -$1.76M |
|
1917
PUT
Archer Daniels Midland
ADM
$38.1B
| $12.6M | ﹤0.01% |
270,600
-254,400
| -48% | -$11.1M |
|
1918
CALL
Wingstop
WING
$3B
| $12.6M | ﹤0.01% |
92,000
-96,300
| -51% | -$14.1M |
|
1919
CALL
Corcept Therapeutics
CORT
$12.6B
| $12.6M | ﹤0.01% |
721,900
+466,800
| +183% | +$7.44M |
|
1920
PUT
iShares US Aerospace & Defense ETF
ITA
$14B
| $12.6M | ﹤0.01% |
158,600
-12,200
| -7% | -$1,000K |
|
1921
Scorpio Tankers
STNG
$3.88B
| $12.6M | ﹤0.01% |
1,133,874
+39,925
| +4% | +$502K |
|
1922
PUT
First Trust Cloud Computing ETF
SKYY
$3.4B
| $12.5M | ﹤0.01% |
159,700
+26,700
| +20% | +$2.07M |
|
1923
PUT
United Parks & Resorts
PRKS
$1.93B
| $12.5M | ﹤0.01% |
634,700
-571,600
| -47% | -$10.4M |
|
1924
Invitation Homes
INVH
$17.4B
| $12.5M | ﹤0.01% |
447,045
-168,469
| -27% | -$4.8M |
|
1925
CALL
Equinox Gold
EQX
$15.7B
| $12.5M | ﹤0.01% |
1,068,400
+541,500
| +103% | +$6.52M |
|
Similar funds
Jeff Yass's Q3 2020 Portfolio in Review
As of Q3 2020, Jeff Yass held 11,604 positions worth $522B, up 26% from $415B the previous quarter. Its ten largest holdings account for 34% of the portfolio.
Jeff Yass's Q3 2020 filing shows 1,567 new, 4,405 increased, 4,403 reduced and 1,138 closed positions. Its largest new stake was iShares iBoxx $ Investment Grade Corporate Bond ETF: 2,104,687 shares worth $284M. The largest sale was Invesco QQQ Trust, an estimated $3.18B.
By sector, the portfolio is most concentrated in Miscellaneous at 93% of assets, up from 92% a quarter earlier, followed by Technology and Consumer Discretionary.
- Jeff Yass's largest Q3 2020 buy was iShares iBoxx $ Investment Grade Corporate Bond ETF: 2,104,687 shares worth $284M.
- Jeff Yass added most to Apple in Q3 2020, an estimated $2.66B increase.
- Jeff Yass's biggest Q3 2020 reduction was Invesco QQQ Trust, cutting an estimated $3.18B.
- Jeff Yass fully exited Vanguard Short-Term Corporate Bond ETF in Q3 2020, selling an estimated $34.1M.
- Jeff Yass's ten largest holdings make up 34% of its $522B portfolio in Q3 2020.
- Jeff Yass opened 1,567 new positions and closed 1,138 in Q3 2020.
- Jeff Yass's portfolio value rose 26% quarter-over-quarter to $522B.
Based on Susquehanna International Group's 13F filing for Q3 2020, filed 16 Nov 2020.