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 | |
|---|---|---|---|---|---|---|
|
MIC
2076
CALL
DELISTED
Macquarie Infrastructure Holdings, LLC
MIC
| $7.33M | ﹤0.01% |
290,100
+194,800
| +204% | +$7.46M |
|
2077
CALL
United States Natural Gas Fund
UNG
$524M
| $7.31M | ﹤0.01% |
145,550
-260,575
| -64% | -$15.1M |
|
2078
Markel Group
MKL
$22.5B
| $7.3M | ﹤0.01% |
7,870
+4,561
| +138% | +$5.22M |
|
2079
CALL
Sprouts Farmers Market
SFM
$8.1B
| $7.3M | ﹤0.01% |
392,700
+200,700
| +105% | +$3.37M |
|
2080
CALL
CRISPR Therapeutics
CRSP
$5.73B
| $7.29M | ﹤0.01% |
172,000
-11,100
| -6% | -$573K |
|
2081
XPO
XPO
$22.5B
| $7.29M | ﹤0.01% |
432,538
+420,863
| +3,605% | +$11.2M |
|
2082
CALL
Yelp
YELP
$1.23B
| $7.29M | ﹤0.01% |
404,500
-147,800
| -27% | -$4.49M |
|
2083
CALL
Bio-Techne
TECH
$11.4B
| $7.28M | ﹤0.01% |
153,600
+135,200
| +735% | +$6.76M |
|
2084
Pan American Silver
PAAS
$21.8B
| $7.28M | ﹤0.01% |
507,731
-516,746
| -50% | -$10.7M |
|
2085
CALL
iShares S&P 500 Value ETF
IVE
$50.3B
| $7.25M | ﹤0.01% |
75,300
+3,600
| +5% | +$428K |
|
|
CS
2086
CALL
DELISTED
Credit Suisse Group
CS
| $7.24M | ﹤0.01% |
894,600
-112,500
| -11% | -$1.31M |
|
|
FTSV
2087
DELISTED
Forty Seven, Inc. Common Stock
FTSV
| $7.22M | ﹤0.01% |
75,680
+60,032
| +384% | +$3.63M |
|
2088
CALL
Radian Group
RDN
$4.87B
| $7.21M | ﹤0.01% |
557,100
+26,100
| +5% | +$571K |
|
2089
Banco Bradesco
BBD
$35.5B
| $7.2M | ﹤0.01% |
2,361,300
+131,321
| +6% | +$676K |
|
2090
CALL
Canadian National Railway
CNI
$77.1B
| $7.2M | ﹤0.01% |
92,700
+10,400
| +13% | +$907K |
|
2091
CALL
Cooper Companies
COO
$14.2B
| $7.2M | ﹤0.01% |
104,400
-38,400
| -27% | -$3.13M |
|
2092
PUT
Canadian Natural Resources
CNQ
$102B
| $7.19M | ﹤0.01% |
1,083,077
-91,481
| -8% | -$1.09M |
|
2093
Qiagen
QGEN
$8.95B
| $7.18M | ﹤0.01% |
162,880
+133,853
| +461% | +$5.23M |
|
2094
State Street SPDR Bloomberg Short Term International Treasury Bond ETF
BWZ
$290M
| $7.18M | ﹤0.01% |
+242,181
| New | +$7.32M |
|
|
AVB
2095
PUT
DELISTED
AvalonBay Communities
AVB
| $7.17M | ﹤0.01% |
48,700
+13,500
| +38% | +$2.72M |
|
2096
PUT
Trex
TREX
$4.76B
| $7.17M | ﹤0.01% |
178,800
-301,200
| -63% | -$14.1M |
|
2097
ServiceNow
NOW
$130B
| $7.16M | ﹤0.01% |
124,905
-862,285
| -87% | -$53.9M |
|
2098
PUT
Fastly Inc
FSLY
$3.71B
| $7.15M | ﹤0.01% |
376,600
+3,900
| +1% | +$80.6K |
|
2099
PUT
Wabtec
WAB
$50.8B
| $7.14M | ﹤0.01% |
148,400
+42,600
| +40% | +$2.92M |
|
|
HZNP
2100
CALL
DELISTED
Horizon Therapeutics Public Limited Company Ordinary Shares
HZNP
| $7.13M | ﹤0.01% |
240,600
-137,000
| -36% | -$4.64M |
|
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.