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 | |
|---|---|---|---|---|---|---|
|
AMRN
2001
Amarin Corp
AMRN
$297M
| $11.4M | ﹤0.01% |
135,716
-1,898
| -1% | -$227K |
|
2002
CALL
PagSeguro Digital
PAGS
$2.46B
| $11.4M | ﹤0.01% |
302,700
+19,900
| +7% | +$773K |
|
2003
PUT
Jack Henry & Associates
JKHY
$12.1B
| $11.4M | ﹤0.01% |
70,200
+39,300
| +127% | +$6.82M |
|
|
ITCI
2004
PUT
DELISTED
Intra-Cellular Therapies Inc.
ITCI
| $11.4M | ﹤0.01% |
444,600
+132,700
| +43% | +$3.03M |
|
2005
CALL
Waters Corp
WAT
$41.4B
| $11.4M | ﹤0.01% |
58,100
+30,600
| +111% | +$6.36M |
|
|
WW
2006
CALL
DELISTED
WW International
WW
| $11.4M | ﹤0.01% |
602,100
-304,400
| -34% | -$7.17M |
|
2007
CALL
Encore Capital Group
ECPG
$2.16B
| $11.3M | ﹤0.01% |
294,100
+177,500
| +152% | +$7.08M |
|
2008
iShares S&P Mid-Cap 400 Growth ETF
IJK
$11B
| $11.3M | ﹤0.01% |
189,524
+104,428
| +123% | +$6.21M |
|
2009
PUT
Factset
FDS
$10.8B
| $11.3M | ﹤0.01% |
33,800
+13,600
| +67% | +$4.7M |
|
2010
CALL
Jack in the Box
JACK
$305M
| $11.3M | ﹤0.01% |
142,700
-19,600
| -12% | -$1.58M |
|
2011
CALL
Revvity
RVTY
$14.5B
| $11.3M | ﹤0.01% |
90,100
+9,400
| +12% | +$1.08M |
|
2012
PUT
J.M. Smucker
SJM
$14.1B
| $11.3M | ﹤0.01% |
97,800
-67,200
| -41% | -$7.49M |
|
2013
CALL
Omega Healthcare
OHI
$14B
| $11.3M | ﹤0.01% |
377,200
-69,000
| -15% | -$2.15M |
|
2014
CALL
CEVA Inc
CEVA
$800M
| $11.3M | ﹤0.01% |
286,700
-14,200
| -5% | -$563K |
|
|
CS
2015
CALL
DELISTED
Credit Suisse Group
CS
| $11.3M | ﹤0.01% |
1,132,100
+218,200
| +24% | +$2.34M |
|
2016
PUT
Dillards
DDS
$9.85B
| $11.3M | ﹤0.01% |
308,700
+149,900
| +94% | +$4.21M |
|
2017
PUT
Cognizant
CTSH
$28.7B
| $11.3M | ﹤0.01% |
162,300
+16,500
| +11% | +$1.07M |
|
2018
CALL
APA Corp
APA
$14.8B
| $11.3M | ﹤0.01% |
1,189,400
-562,800
| -32% | -$7.71M |
|
2019
CALL
TG Therapeutics
TGTX
$8.53B
| $11.3M | ﹤0.01% |
420,800
-40,900
| -9% | -$941K |
|
2020
PUT
Kinross Gold
KGC
$38.6B
| $11.3M | ﹤0.01% |
1,276,600
+535,300
| +72% | +$4.63M |
|
|
RESI
2021
CALL
DELISTED
Front Yard Residential Corporation Common Stock
RESI
| $11.2M | ﹤0.01% |
1,286,200
-42,400
| -3% | -$385K |
|
2022
CALL
Cameco
CCJ
$46.3B
| $11.2M | ﹤0.01% |
1,111,700
+526,200
| +90% | +$5.7M |
|
2023
General Mills
GIS
$21.6B
| $11.2M | ﹤0.01% |
181,995
+119,724
| +192% | +$7.48M |
|
2024
CALL
Digital Turbine
APPS
$1.38B
| $11.2M | ﹤0.01% |
342,400
+195,800
| +134% | +$4.22M |
|
2025
Philip Morris
PM
$297B
| $11.2M | ﹤0.01% |
149,311
-360,353
| -71% | -$27.8M |
|
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.