Susquehanna Advisors Group portfolio

What changed this quarter

96 positions with a change (39 new, 7 added to, 12 trimmed, 38 sold); also, 1 entered through an IPO, 1 exited through an acquisition or merger, 2 entered through a spin-off. 12 are listed here: those of 0.5 points of the portfolio or more (up to 12).

• Alphabet+7.3 ppof portfolioNew
  — → 7.3%
• GE Vernova+5.1 ppof portfolioNew
  — → 5.1%
• Alibaba Group Holding+4.5 ppof portfolioNew
  — → 4.5%
• JD.com+4.1 ppof portfolioNew
  — → 4.1%
• NVIDIA+4.0 ppof portfolioNew
  — → 4.0%
• ServiceNow+3.7 ppof portfolioNew
  — → 3.7%
• Netflix+3.4 ppof portfolioNew
  — → 3.4%
• Hilton Worldwide Holdings+3.0 ppof portfolioNew
  — → 3.0%
• Shopify−3.0 ppof portfolioSold out
  5.5% → —
• Oracle−2.9 ppof portfolioSold out
  5.4% → —
• Nike−2.7 ppof portfolioSold out
  5.0% → —
• Sea−2.1 ppof portfolioSold out
  3.9% → —

The figure on the right: for positions added to or trimmed, the change in the number of shares (%); for new and sold ones, the points of the portfolio moved (pp). Below, the portfolio weight before → after. Traded weight?: what it bought or sold, excluding price effects.

Top holdings

• Invesco QQQ Trust Series 1 ETFQQQ14.3%
• Super Micro Computer(preferred)8.7%
• AlphabetGOOGL · GOOG7.8%
• Boeing(preferred)5.9%
• GE VernovaGEV5.1%
• Taiwan Semiconductor ManufacturingTSM5.0%
• Alibaba Group HoldingBABA4.5%
• PfizerPFE4.2%
• JD.comJD4.1%
• NVIDIANVDA4.0%
• MastercardMA3.9%
• ServiceNowNOW3.7%
• Nextera Energy(preferred)3.7%
• NetflixNFLX3.4%
• Hilton Worldwide HoldingsHLT3.0%
• NextNavNN2.8%
• Apollo Global Management(preferred)2.4%
• State Street SPDR S&P Retail ETFXRT1.9%
• Microchip Technology(preferred)1.5%
• Hewlett Packard Enterprise C(preferred)1.3%
• Oracle(preferred)1.0%
• Albemarle(preferred)1.0%
• Shift4 Pmts(preferred)0.9%
• Robinhood MarketsHOOD0.6%
• Vaneck ETF TrustGDX0.6%
• PPL(preferred)0.5%
• QXO(preferred)0.5%
• Ligand PharmaceuticalsLGND0.4%
• Quantum eMotionQNC0.4%
• Service Properties Trust0.3%
• ADTADT0.3%
• Vanguard Index FundsVTI0.2%
• Pg&e(preferred)0.2%
• Open TextOTEX0.2%
• CompassCOMP0.1%
• ChemoursCC0.1%
• Adaptive BiotechnologiesADPT0.1%
• Manulife FinancialMFC0.1%
• NeogenomicsNEO0.1%
• ComcastCMCSA0.1%
• Expand EnergyEXE0.1%
• Brookfield Asset ManagementBAM0.1%
• State Street Energy Select Sector ETFXLE0.1%
• Galaxy DigitalGLXY0.1%
• BrookfieldBN0.1%
• Range ResourcesRRC0.1%
• Liberty GlobalLBTYA0.1%
• Vanguard International Equity Index FVEUunder 0.1%
• SunococorpSUNCunder 0.1%
• Logitech InternationalLOGIunder 0.1%
• Antero ResourcesARunder 0.1%
• AerovironmentAVAVunder 0.1%
• Canadian Pacific Kansas CityCPunder 0.1%
• Keel InfrastructureKEELunder 0.1%
• Willis Lease FinanceWLFCunder 0.1%
• Peabody EnergyBTUunder 0.1%
• EQTEQTunder 0.1%
• ADTRAN HoldingsADTNunder 0.1%
• Kite Realty Group TrustKRGunder 0.1%
• GDS HoldingsGDSunder 0.1%
• SoFi TechnologiesSOFIunder 0.1%
• Seabridge GoldSAunder 0.1%
• Trekor MetalsTGBunder 0.1%
• AmrizeAMRZunder 0.1%
• Coeur MiningCDEunder 0.1%
• Centerpoint EnergyCNPunder 0.1%
• Six Flags EntertainmentFUNunder 0.1%
• EnbridgeENBunder 0.1%
• Brookfield BusinessBBUCunder 0.1%
• TormTRMDunder 0.1%
• IsharesEWZunder 0.1%
• TeekayTKunder 0.1%
• Dominari HoldingsDOMHunder 0.1%
• BlackRock Tech and Private EBTXunder 0.1%
• SNDLSNDLunder 0.1%
• Osisko Developmentunder 0.1%
• P3 Health PartnersPIIIW(warrant)under 0.1%