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 | Miscellaneous | 92.04% |
| 2 | Technology | 2.01% |
| 3 | Communication Services | 1.39% |
| 4 | Financials | 0.98% |
| 5 | Consumer Discretionary | 0.94% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
2101
CALL
British American Tobacco
BTI
$121B
| $7.12M | ﹤0.01% |
208,200
+86,500
| +71% | +$3.53M |
|
2102
PUT
Broadridge
BR
$20.9B
| $7.11M | ﹤0.01% |
75,000
+63,200
| +536% | +$7.21M |
|
2103
Invesco CurrencyShares Australian Dollar Trust
FXA
$96.3M
| $7.11M | ﹤0.01% |
+115,910
| New | +$7.61M |
|
|
CTRA
2104
DELISTED
Coterra Energy
CTRA
| $7.11M | ﹤0.01% |
413,569
-510,584
| -55% | -$8.08M |
|
2105
CALL
NRG Energy
NRG
$24.1B
| $7.08M | ﹤0.01% |
259,600
+28,900
| +13% | +$995K |
|
2106
VictoryShares US EQ Income Enhanced Volatility Wtd ETF
CDC
$743M
| $7.08M | ﹤0.01% |
+170,878
| New | +$7.84M |
|
2107
W.W. Grainger
GWW
$61.9B
| $7.07M | ﹤0.01% |
28,453
+13,323
| +88% | +$3.94M |
|
2108
PUT
APA Corp
APA
$14.9B
| $7.07M | ﹤0.01% |
1,690,300
-1,041,800
| -38% | -$23.2M |
|
2109
PUT
Chemours
CC
$2.38B
| $7.06M | ﹤0.01% |
796,300
-235,200
| -23% | -$3.39M |
|
2110
AudioCodes
AUDC
$246M
| $7.05M | ﹤0.01% |
295,328
+285,303
| +2,846% | +$6.62M |
|
2111
CALL
Brown-Forman Class B
BF.B
$12.6B
| $7.05M | ﹤0.01% |
127,000
-17,600
| -12% | -$1.13M |
|
2112
AstraZeneca
AZN
$255B
| $7.04M | ﹤0.01% |
+78,854
| New | +$7.42M |
|
2113
CALL
Liberty Global Class A
LBTYA
$3.61B
| $7.04M | ﹤0.01% |
426,100
-199,000
| -32% | -$3.92M |
|
2114
CALL
Toll Brothers
TOL
$13.4B
| $7.03M | ﹤0.01% |
365,300
-51,900
| -12% | -$1.96M |
|
2115
Liberty Global Class C
LBTYK
$3.54B
| $7.03M | ﹤0.01% |
447,266
+221,443
| +98% | +$4.16M |
|
2116
Dollar General
DG
$28B
| $7.02M | ﹤0.01% |
46,513
-133,330
| -74% | -$20.6M |
|
2117
Innovative Industrial Properties
IIPR
$1.57B
| $7.02M | ﹤0.01% |
92,449
-114,914
| -55% | -$9.71M |
|
2118
CALL
F5
FFIV
$23.1B
| $7.01M | ﹤0.01% |
65,700
-50,100
| -43% | -$6.13M |
|
|
MRO
2119
DELISTED
Marathon Oil Corporation
MRO
| $7M | ﹤0.01% |
2,127,509
+967,600
| +83% | +$8.92M |
|
2120
CALL
Teradata
TDC
$2.64B
| $6.99M | ﹤0.01% |
341,300
+53,600
| +19% | +$1.24M |
|
2121
PUT
Omnicom Group
OMC
$24.2B
| $6.99M | ﹤0.01% |
127,300
-85,400
| -40% | -$6.06M |
|
2122
CALL
Wyndham Hotels & Resorts
WH
$5.72B
| $6.99M | ﹤0.01% |
221,800
+120,300
| +119% | +$6.12M |
|
|
MIC
2123
DELISTED
Macquarie Infrastructure Holdings, LLC
MIC
| $6.99M | ﹤0.01% |
276,716
+232,152
| +521% | +$8.89M |
|
2124
PUT
Invesco CurrencyShares Japanese Yen Trust
FXY
$460M
| $6.99M | ﹤0.01% |
79,200
+44,500
| +128% | +$3.88M |
|
|
VRNT
2125
CALL
DELISTED
Verint Systems
VRNT
| $6.98M | ﹤0.01% |
318,791
+183,933
| +136% | +$4.95M |
|
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's Q1 2020 filing shows 1,843 new, 4,539 increased, 3,686 reduced and 1,300 closed positions. Its largest new stake was Invesco DB US Dollar Index Bullish Fund: 8,692,802 shares worth $233M. The largest sale was Amazon, an estimated $946M.
By sector, the portfolio is most concentrated in Miscellaneous at 92% of assets, up from 89% a quarter earlier, followed by Technology and Communication Services.
- 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.