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 | |
|---|---|---|---|---|---|---|
2076
PUT
Macerich
MAC
$6.82B
| $10.7M | ﹤0.01% |
1,572,400
+544,400
| +53% | +$4.28M |
|
2077
PUT
Invesco CurrencyShares Euro Currency Trust
FXE
$359M
| $10.7M | ﹤0.01% |
96,700
-144,700
| -60% | -$15.9M |
|
2078
ACM Research
ACMR
$5.4B
| $10.7M | ﹤0.01% |
+462,378
| New | +$13.1M |
|
2079
iShares MSCI Hong Kong ETF
EWH
$1.26B
| $10.6M | ﹤0.01% |
485,754
+473,867
| +3,986% | +$10.4M |
|
2080
PUT
Air Products & Chemicals
APD
$68.4B
| $10.6M | ﹤0.01% |
35,700
-141,600
| -80% | -$40.7M |
|
2081
CALL
Trex
TREX
$4.63B
| $10.6M | ﹤0.01% |
148,400
+9,400
| +7% | +$650K |
|
2082
CALL
FS KKR Capital
FSK
$3.39B
| $10.6M | ﹤0.01% |
668,900
+408,900
| +157% | +$6.38M |
|
2083
CALL
Dover
DOV
$27B
| $10.6M | ﹤0.01% |
97,900
-7,200
| -7% | -$771K |
|
2084
CALL
Qiagen
QGEN
$9.04B
| $10.6M | ﹤0.01% |
191,346
+38,948
| +26% | +$2.02M |
|
2085
Xerox
XRX
$393M
| $10.6M | ﹤0.01% |
564,832
+120,510
| +27% | +$2.11M |
|
|
NTCO
2086
CALL
DELISTED
Natura &Co Holding S.A. American Depositary Shares (each representing two Common Shares)
NTCO
| $10.6M | ﹤0.01% |
582,200
-9,600
| -2% | -$168K |
|
2087
iShares MSCI France ETF
EWQ
$334M
| $10.6M | ﹤0.01% |
+379,126
| New | +$10.9M |
|
2088
PUT
Cadence Design Systems
CDNS
$93.7B
| $10.6M | ﹤0.01% |
99,300
+59,400
| +149% | +$6.25M |
|
2089
CALL
Xylem
XYL
$26.1B
| $10.5M | ﹤0.01% |
125,400
+28,600
| +30% | +$2.23M |
|
2090
CALL
Iovance Biotherapeutics
IOVA
$3.66B
| $10.5M | ﹤0.01% |
320,000
-66,100
| -17% | -$2.03M |
|
|
SFIX
2091
Stitch Fix
SFIX
$423M
| $10.5M | ﹤0.01% |
387,957
+336,382
| +652% | +$8.64M |
|
2092
Amgen
AMGN
$235B
| $10.5M | ﹤0.01% |
41,409
-153,491
| -79% | -$38M |
|
2093
Williams Companies
WMB
$91.1B
| $10.5M | ﹤0.01% |
535,344
+208,131
| +64% | +$4.24M |
|
2094
PUT
Bio-Rad Laboratories Class A
BIO
$10.4B
| $10.5M | ﹤0.01% |
20,400
+600
| +3% | +$304K |
|
|
CMA
2095
PUT
DELISTED
Comerica
CMA
| $10.5M | ﹤0.01% |
273,900
-150,600
| -35% | -$5.79M |
|
2096
State Street SPDR Portfolio Developed World ex-US ETF
SPDW
$42.3B
| $10.5M | ﹤0.01% |
+358,000
| New | +$10.5M |
|
2097
PUT
Freshpet
FRPT
$3.44B
| $10.4M | ﹤0.01% |
93,500
+24,700
| +36% | +$2.51M |
|
2098
CALL
Seres Therapeutics
MCRB
$48.8M
| $10.4M | ﹤0.01% |
18,425
+13,430
| +269% | +$4.47M |
|
|
TTCF
2099
PUT
DELISTED
Tattooed Chef, Inc Class A Common Stock
TTCF
| $10.4M | ﹤0.01% |
441,100
+347,300
| +370% | +$6.33M |
|
2100
ProShares Ultra Bloomberg Crude Oil
UCO
$379M
| $10.4M | ﹤0.01% |
1,464,404
-6,195,144
| -81% | -$47.7M |
|
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.