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 | |
|---|---|---|---|---|---|---|
|
SWT
1926
DELISTED
Stanley Black & Decker, Inc.
SWT
| $8.26M | ﹤0.01% |
+118,000
| New | +$11.2M |
|
1927
CALL
Alexandria Real Estate Equities
ARE
$9B
| $8.25M | ﹤0.01% |
60,200
+46,200
| +330% | +$7.23M |
|
|
CY
1928
PUT
DELISTED
Cypress Semiconductor
CY
| $8.25M | ﹤0.01% |
353,600
+12,900
| +4% | +$295K |
|
|
PXD
1929
DELISTED
Pioneer Natural Resource Co.
PXD
| $8.24M | ﹤0.01% |
117,488
-8,251
| -7% | -$981K |
|
1930
CALL
Kinsale Capital Group
KNSL
$8.9B
| $8.24M | ﹤0.01% |
78,800
-33,400
| -30% | -$3.76M |
|
|
IPHI
1931
CALL
DELISTED
INPHI CORPORATION
IPHI
| $8.23M | ﹤0.01% |
104,000
-3,100
| -3% | -$241K |
|
1932
iShares TIPS Bond ETF
TIP
$15.1B
| $8.23M | ﹤0.01% |
69,808
+19,165
| +38% | +$2.26M |
|
1933
HDFC Bank
HDB
$120B
| $8.23M | ﹤0.01% |
427,928
-178,028
| -29% | -$4.79M |
|
|
MMP
1934
PUT
DELISTED
Magellan Midstream Partners, L.P.
MMP
| $8.23M | ﹤0.01% |
225,500
-50,600
| -18% | -$2.72M |
|
1935
Equitable Holdings
EQH
$13.6B
| $8.21M | ﹤0.01% |
568,466
+101,967
| +22% | +$2.23M |
|
1936
CALL
Zebra Technologies
ZBRA
$17.1B
| $8.21M | ﹤0.01% |
44,700
-15,700
| -26% | -$3.53M |
|
1937
Ambarella
AMBA
$3.07B
| $8.2M | ﹤0.01% |
168,855
+111,251
| +193% | +$6.38M |
|
1938
Royal Caribbean
RCL
$78B
| $8.2M | ﹤0.01% |
254,858
+189,987
| +293% | +$17.4M |
|
1939
State Street Communication Services Select Sector SPDR ETF
XLC
$22.8B
| $8.2M | ﹤0.01% |
185,340
+150,418
| +431% | +$7.78M |
|
1940
PUT
Ares Capital
ARCC
$14.3B
| $8.19M | ﹤0.01% |
759,800
+158,000
| +26% | +$2.67M |
|
1941
PUT
Aramark
ARMK
$15.6B
| $8.19M | ﹤0.01% |
567,989
+494,168
| +669% | +$13M |
|
|
CMBT
1942
CMB.TECH NV
CMBT
$5.12B
| $8.18M | ﹤0.01% |
724,846
+514,430
| +244% | +$5.3M |
|
1943
PUT
Vanguard Dividend Appreciation ETF
VIG
$114B
| $8.17M | ﹤0.01% |
79,000
+46,000
| +139% | +$5.49M |
|
1944
CALL
Zillow
ZG
$8.2B
| $8.17M | ﹤0.01% |
240,400
+28,300
| +13% | +$1.3M |
|
|
BFYT
1945
CALL
DELISTED
Benefytt Technologies, Inc. Class A Common Stock
BFYT
| $8.16M | ﹤0.01% |
364,600
-51,900
| -12% | -$1.23M |
|
1946
PUT
Harley-Davidson
HOG
$2.85B
| $8.16M | ﹤0.01% |
431,000
+7,100
| +2% | +$215K |
|
1947
Hewlett Packard
HPE
$71.6B
| $8.16M | ﹤0.01% |
840,050
+240,640
| +40% | +$3.15M |
|
|
GBT
1948
DELISTED
Global Blood Therapeutics, Inc.
GBT
| $8.16M | ﹤0.01% |
159,648
+127,411
| +395% | +$8.53M |
|
1949
CALL
Yeti Holdings
YETI
$3.1B
| $8.15M | ﹤0.01% |
417,500
-181,300
| -30% | -$5.38M |
|
1950
PUT
Entergy
ETR
$50.1B
| $8.14M | ﹤0.01% |
173,200
+121,600
| +236% | +$7.21M |
|
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.