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 | |
|---|---|---|---|---|---|---|
2401
CALL
AutoNation
AN
$6.57B
| $5.61M | ﹤0.01% |
199,900
+138,200
| +224% | +$5.7M |
|
2402
PUT
Huntsman Corp
HUN
$1.69B
| $5.61M | ﹤0.01% |
388,700
-247,300
| -39% | -$4.82M |
|
2403
PUT
Repligen
RGEN
$10.3B
| $5.61M | ﹤0.01% |
58,100
-67,300
| -54% | -$6.5M |
|
2404
PUT
Popular Inc
BPOP
$10.8B
| $5.6M | ﹤0.01% |
160,000
+85,500
| +115% | +$4.23M |
|
2405
PUT
British American Tobacco
BTI
$121B
| $5.59M | ﹤0.01% |
163,500
-440,000
| -73% | -$17.9M |
|
2406
CALL
Stepan Co
SCL
$1.43B
| $5.58M | ﹤0.01% |
63,100
-5,200
| -8% | -$496K |
|
2407
PUT
Medifast
MED
$136M
| $5.58M | ﹤0.01% |
89,300
-188,400
| -68% | -$17.2M |
|
|
PTR
2408
CALL
DELISTED
PETROCHINA COMPANY LIMITED ADS (REP 100 H SHARES)
PTR
| $5.58M | ﹤0.01% |
154,900
+146,900
| +1,836% | +$6.18M |
|
2409
PUT
Deutsche Bank
DB
$75.3B
| $5.57M | ﹤0.01% |
868,300
-1,166,400
| -57% | -$9.69M |
|
2410
Cheniere Energy
LNG
$58B
| $5.57M | ﹤0.01% |
166,385
-230,410
| -58% | -$11.8M |
|
2411
PUT
Urban Outfitters
URBN
$6.75B
| $5.57M | ﹤0.01% |
391,300
-257,700
| -40% | -$5.99M |
|
2412
CALL
Ericsson
ERIC
$33B
| $5.57M | ﹤0.01% |
688,500
+675,700
| +5,279% | +$5.53M |
|
|
FTCH
2413
CALL
DELISTED
Farfetch Limited Class A Ordinary Shares
FTCH
| $5.57M | ﹤0.01% |
704,500
+507,600
| +258% | +$5.48M |
|
2414
Williams Companies
WMB
$90.7B
| $5.55M | ﹤0.01% |
392,519
-454,184
| -54% | -$8.79M |
|
2415
CALL
State Street SPDR S&P Homebuilders ETF
XHB
$1.39B
| $5.55M | ﹤0.01% |
186,300
-921,100
| -83% | -$39.3M |
|
2416
PUT
Grand Canyon Education
LOPE
$3.91B
| $5.54M | ﹤0.01% |
72,600
-34,500
| -32% | -$2.84M |
|
2417
L3Harris
LHX
$48.8B
| $5.54M | ﹤0.01% |
30,741
-58,746
| -66% | -$12M |
|
2418
PUT
The GEO Group
GEO
$4.29B
| $5.52M | ﹤0.01% |
454,200
-105,500
| -19% | -$1.61M |
|
|
DCUE
2419
DELISTED
Dominion Energy, Inc. 2019 Series A Corporate Units
DCUE
| $5.52M | ﹤0.01% |
60,000
-25,000
| -29% | -$2.61M |
|
2420
HP
HPQ
$26.7B
| $5.51M | ﹤0.01% |
317,651
-1,075,694
| -77% | -$21.8M |
|
2421
CALL
Public Service Enterprise Group
PEG
$36.5B
| $5.51M | ﹤0.01% |
122,800
-82,200
| -40% | -$4.44M |
|
2422
Madrigal Pharmaceuticals
MDGL
$12.6B
| $5.51M | ﹤0.01% |
82,535
+25,198
| +44% | +$2.1M |
|
2423
UBS Group
UBS
$166B
| $5.51M | ﹤0.01% |
594,692
+475,324
| +398% | +$5.48M |
|
2424
PUT
First Majestic Silver
AG
$10.7B
| $5.51M | ﹤0.01% |
889,400
+55,100
| +7% | +$493K |
|
2425
CALL
LendingTree
TREE
$397M
| $5.5M | ﹤0.01% |
30,000
-11,300
| -27% | -$3.2M |
|
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.