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 | |
|---|---|---|---|---|---|---|
1976
Danaher
DHR
$152B
| $11.8M | ﹤0.01% |
61,612
-19,976
| -24% | -$3.55M |
|
1977
CALL
Invesco Mortgage Capital
IVR
$799M
| $11.7M | ﹤0.01% |
433,030
-41,840
| -9% | -$1.29M |
|
1978
Autodesk
ADSK
$57.1B
| $11.7M | ﹤0.01% |
50,765
-35,187
| -41% | -$8.36M |
|
1979
CALL
Madison Square Garden
MSGS
$9.48B
| $11.7M | ﹤0.01% |
77,900
-61,600
| -44% | -$9.67M |
|
1980
CALL
Repligen
RGEN
$10.3B
| $11.7M | ﹤0.01% |
79,400
+8,900
| +13% | +$1.27M |
|
|
UNIT
1981
CALL
Uniti Group
UNIT
$2.46B
| $11.7M | ﹤0.01% |
1,111,000
-323,200
| -23% | -$3.13M |
|
1982
NovaGold Resources
NG
$4B
| $11.7M | ﹤0.01% |
984,128
+306,266
| +45% | +$2.99M |
|
1983
CALL
Schwab US Dividend Equity ETF
SCHD
$111B
| $11.7M | ﹤0.01% |
634,500
+188,400
| +42% | +$3.47M |
|
1984
BJs Wholesale Club
BJ
$11.4B
| $11.7M | ﹤0.01% |
281,243
+260,378
| +1,248% | +$10.8M |
|
|
WWE
1985
PUT
DELISTED
World Wrestling Entertainment
WWE
| $11.7M | ﹤0.01% |
288,500
-70,700
| -20% | -$3.1M |
|
1986
CALL
Axalta
AXTA
$7.85B
| $11.7M | ﹤0.01% |
526,000
-49,700
| -9% | -$1.15M |
|
1987
CALL
Herbalife
HLF
$1.29B
| $11.6M | ﹤0.01% |
249,500
+55,900
| +29% | +$2.74M |
|
1988
Jazz Pharmaceuticals
JAZZ
$16.3B
| $11.6M | ﹤0.01% |
81,569
+28,346
| +53% | +$3.51M |
|
1989
iShares Core US Aggregate Bond ETF
AGG
$139B
| $11.6M | ﹤0.01% |
98,058
-546,565
| -85% | -$64.8M |
|
1990
PUT
InMode
INMD
$854M
| $11.5M | ﹤0.01% |
638,000
-175,400
| -22% | -$2.88M |
|
1991
General Dynamics
GD
$103B
| $11.5M | ﹤0.01% |
83,299
-45,314
| -35% | -$6.69M |
|
1992
PUT
Manulife Financial
MFC
$71.6B
| $11.5M | ﹤0.01% |
828,100
-64,600
| -7% | -$925K |
|
|
MAXR
1993
DELISTED
Maxar Technologies Inc. Common Stock
MAXR
| $11.5M | ﹤0.01% |
461,640
-83,247
| -15% | -$1.84M |
|
1994
CALL
Blink Charging
BLNK
$83.5M
| $11.5M | ﹤0.01% |
1,116,100
+920,800
| +471% | +$7.5M |
|
1995
PUT
iShares MBS ETF
MBB
$39.2B
| $11.5M | ﹤0.01% |
104,000
+400
| +0.4% | +$44.2K |
|
|
CS
1996
DELISTED
Credit Suisse Group
CS
| $11.5M | ﹤0.01% |
1,151,482
+218,357
| +23% | +$2.34M |
|
|
IGMS
1997
PUT
DELISTED
IGM Biosciences
IGMS
| $11.5M | ﹤0.01% |
+155,500
| New | +$9.2M |
|
|
HBI
1998
PUT
DELISTED
Hanesbrands
HBI
| $11.5M | ﹤0.01% |
728,500
-632,000
| -46% | -$9.28M |
|
1999
Tilray
TLRY
$629M
| $11.4M | ﹤0.01% |
235,875
+86,400
| +58% | +$5.77M |
|
|
MXIM
2000
CALL
DELISTED
Maxim Integrated Products
MXIM
| $11.4M | ﹤0.01% |
169,200
-10,600
| -6% | -$717K |
|
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.