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 | |
|---|---|---|---|---|---|---|
1951
Vanguard Real Estate ETF
VNQ
$38.8B
| $11.6M | ﹤0.01% |
147,739
-1,170,489
| -89% | -$88.7M |
|
1952
CALL
B2Gold
BTG
$7.61B
| $11.6M | ﹤0.01% |
2,038,700
+585,300
| +40% | +$2.93M |
|
1953
Chubb
CB
$131B
| $11.6M | ﹤0.01% |
91,544
+23,584
| +35% | +$2.73M |
|
1954
CALL
Dave & Buster's
PLAY
$328M
| $11.6M | ﹤0.01% |
867,500
+296,100
| +52% | +$3.95M |
|
|
AYX
1955
DELISTED
Alteryx Inc
AYX
| $11.6M | ﹤0.01% |
70,372
-392,734
| -85% | -$50.9M |
|
|
RESI
1956
CALL
DELISTED
Front Yard Residential Corporation Common Stock
RESI
| $11.6M | ﹤0.01% |
1,328,600
+32,500
| +3% | +$297K |
|
1957
PUT
Alexandria Real Estate Equities
ARE
$9.05B
| $11.6M | ﹤0.01% |
71,200
+41,700
| +141% | +$6.37M |
|
1958
PUT
Tyler Technologies
TYL
$15.3B
| $11.6M | ﹤0.01% |
33,300
-3,800
| -10% | -$1.28M |
|
1959
CALL
iShares Russell 2000 Value ETF
IWN
$14.6B
| $11.5M | ﹤0.01% |
118,500
+103,100
| +669% | +$9.38M |
|
1960
PUT
InMode
INMD
$857M
| $11.5M | ﹤0.01% |
813,400
+736,400
| +956% | +$9.85M |
|
1961
CALL
Sprouts Farmers Market
SFM
$7.73B
| $11.5M | ﹤0.01% |
449,600
+56,900
| +14% | +$1.3M |
|
1962
Weibo
WB
$1.72B
| $11.5M | ﹤0.01% |
341,763
-109,397
| -24% | -$3.75M |
|
1963
PUT
Brookfield
BN
$92.4B
| $11.5M | ﹤0.01% |
651,916
+364,636
| +127% | +$6.41M |
|
1964
CALL
Fiverr
FVRR
$344M
| $11.5M | ﹤0.01% |
155,500
-96,300
| -38% | -$4.95M |
|
1965
PUT
iShares MBS ETF
MBB
$39.1B
| $11.5M | ﹤0.01% |
103,600
+97,200
| +1,519% | +$10.8M |
|
1966
Incyte
INCY
$25.5B
| $11.5M | ﹤0.01% |
110,204
-10,739
| -9% | -$1.04M |
|
1967
Schwab International Equity ETF
SCHF
$69.7B
| $11.5M | ﹤0.01% |
770,256
+1,022
| +0.1% | +$14.4K |
|
|
MRO
1968
PUT
DELISTED
Marathon Oil Corporation
MRO
| $11.4M | ﹤0.01% |
1,870,200
+468,100
| +33% | +$2.59M |
|
|
BNY
1969
PUT
Bank of New York Mellon
BNY
$111B
| $11.4M | ﹤0.01% |
295,700
+29,100
| +11% | +$1.06M |
|
1970
PUT
American Water Works
AWK
$27.4B
| $11.4M | ﹤0.01% |
88,800
+34,900
| +65% | +$4.35M |
|
|
JNPR
1971
DELISTED
Juniper Networks
JNPR
| $11.4M | ﹤0.01% |
499,687
-462,307
| -48% | -$10.6M |
|
1972
Five Below
FIVE
$13.7B
| $11.4M | ﹤0.01% |
106,771
+49,080
| +85% | +$4.6M |
|
1973
Novavax
NVAX
$1.49B
| $11.4M | ﹤0.01% |
136,667
-116,549
| -46% | -$4.46M |
|
1974
CALL
Devon Energy
DVN
$51.7B
| $11.4M | ﹤0.01% |
1,004,000
+300
| +0% | +$3.42K |
|
1975
CALL
SBA Communications
SBAC
$20.1B
| $11.4M | ﹤0.01% |
38,200
+3,900
| +11% | +$1.15M |
|
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.