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 | |
|---|---|---|---|---|---|---|
1976
CALL
B&G Foods
BGS
$284M
| $11.4M | ﹤0.01% |
466,600
-152,200
| -25% | -$3.3M |
|
|
GBT
1977
PUT
DELISTED
Global Blood Therapeutics, Inc.
GBT
| $11.4M | ﹤0.01% |
180,000
-44,400
| -20% | -$3.05M |
|
1978
CALL
Mettler-Toledo International
MTD
$28B
| $11.4M | ﹤0.01% |
14,100
-2,300
| -14% | -$1.71M |
|
1979
PUT
Iovance Biotherapeutics
IOVA
$3.62B
| $11.4M | ﹤0.01% |
413,700
+167,000
| +68% | +$5.49M |
|
1980
CALL
Yelp
YELP
$1.26B
| $11.4M | ﹤0.01% |
490,800
+86,300
| +21% | +$1.88M |
|
1981
Lennar Class A
LEN
$20.6B
| $11.3M | ﹤0.01% |
190,189
+123,324
| +184% | +$6.3M |
|
|
CRON
1982
Cronos Group
CRON
$1.23B
| $11.3M | ﹤0.01% |
1,886,642
+207,014
| +12% | +$1.27M |
|
1983
Equitable Holdings
EQH
$13.7B
| $11.3M | ﹤0.01% |
586,407
+17,941
| +3% | +$321K |
|
1984
American Eagle Outfitters
AEO
$2.85B
| $11.3M | ﹤0.01% |
1,036,607
+590,684
| +132% | +$5.59M |
|
1985
CALL
Pool Corp
POOL
$6.75B
| $11.3M | ﹤0.01% |
41,500
+34,000
| +453% | +$7.87M |
|
|
XLRN
1986
PUT
DELISTED
Acceleron Pharma
XLRN
| $11.3M | ﹤0.01% |
118,400
+20,200
| +21% | +$1.95M |
|
1987
iShares MSCI EAFE Value ETF
EFV
$31.6B
| $11.3M | ﹤0.01% |
+281,983
| New | +$10.8M |
|
1988
CALL
CEVA Inc
CEVA
$765M
| $11.3M | ﹤0.01% |
+300,900
| New | +$9.65M |
|
|
UN
1989
PUT
DELISTED
Unilever NV New York Registry Shares
UN
| $11.3M | ﹤0.01% |
211,200
-134,600
| -39% | -$6.84M |
|
1990
VICI Properties
VICI
$28.5B
| $11.2M | ﹤0.01% |
556,356
+89,910
| +19% | +$1.65M |
|
1991
iShares Morningstar Mid-Cap Growth ETF
IMCG
$4.11B
| $11.2M | ﹤0.01% |
229,806
+130,914
| +132% | +$5.76M |
|
|
JWN
1992
DELISTED
Nordstrom
JWN
| $11.2M | ﹤0.01% |
723,170
+704,671
| +3,809% | +$12.4M |
|
1993
PUT
Unilever
UL
$140B
| $11.2M | ﹤0.01% |
181,422
+29,244
| +19% | +$1.75M |
|
1994
CALL
NetApp
NTAP
$37B
| $11.2M | ﹤0.01% |
251,500
-79,800
| -24% | -$3.43M |
|
1995
CALL
Mid-America Apartment Communities
MAA
$15.1B
| $11.2M | ﹤0.01% |
97,300
-37,600
| -28% | -$4.23M |
|
1996
CALL
KeyCorp
KEY
$23.4B
| $11.1M | ﹤0.01% |
915,300
+61,200
| +7% | +$711K |
|
1997
PUT
Global Payments
GPN
$24.5B
| $11.1M | ﹤0.01% |
65,700
-101,700
| -61% | -$16.9M |
|
1998
PUT
Deutsche Bank
DB
$75.9B
| $11.1M | ﹤0.01% |
1,169,000
+300,700
| +35% | +$2.33M |
|
1999
PUT
Tower Semiconductor
TSEM
$23.7B
| $11.1M | ﹤0.01% |
581,700
+309,300
| +114% | +$5.92M |
|
2000
CALL
Campbell Soup
CPB
$6.98B
| $11.1M | ﹤0.01% |
223,600
-128,700
| -37% | -$6.39M |
|
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.