Susquehanna Advisors Group

BALA CYNWYD, PAfiles as SUSQUEHANNA ADVISORS GROUP, INC.

$3.5bn in 81 US stocks at the end of 30 June 2026. The top 10 are 59.5% of the money. It changed about 55.4% of the portfolio this quarter.

Value

$3.5bn

Stocks

Top 10 share

59.5%

Turnover

55.4%

What changed this quarter

New

Bought for the first time this quarter.

Super Micro Computer
8.7% of the fund
Boeing
5.9% of the fund
GE VernovaGEV
5.1% of the fund
Alibaba Group HldgBABA
4.5% of the fund
Jd.comJD
4.1% of the fund
NvidiaNVDA
4.0% of the fund
AlphabetGOOGL
3.8% of the fund
ServiceNowNOW
3.7% of the fund
AlphabetGOOG
3.4% of the fund
NetflixNFLX
3.4% of the fund
Hilton Worldwide HoldingsHLT
3.0% of the fund
Microchip Technology
1.5% of the fund
Robinhood MarketsHOOD
0.6% of the fund
Alphabet
0.5% of the fund
QXO
0.5% of the fund
Ligand PharmaceuticalsLGND
0.4% of the fund
Quantum eMotionQNC
0.4% of the fund
ADTADT
0.3% of the fund
Pg&e
0.2% of the fund
Adaptive BiotechnologiesADPT
0.1% of the fund
NeogenomicsNEO
0.1% of the fund
ComcastCMCSA
0.1% of the fund
Brookfield Asset ManagementBAM
<0.1% of the fund
Select Sector Spdr TRXLE
<0.1% of the fund
BrookfieldBN
<0.1% of the fund

Added

Bought more of a stock they already held.

Taiwan Semiconductor ManufacturingTSM
5.0% of the fund
+12%
PfizerPFE
4.2% of the fund
+20%
NextEra Energy
1.7% of the fund
+136%
NextEra Energy
0.5% of the fund
+88%
Service Properties TrustSVC
0.3% of the fund
+36%
Open TextOTEX
0.2% of the fund
+264%
ChemoursCC
0.1% of the fund
+74%

Cut

Sold some of their stake.

NextEra Energy
1.5% of the fund
-20%
Hewlett Packard Enterprise C
1.3% of the fund
-54%
Albemarle
1.0% of the fund
-33%
Shift4 Pmts
0.9% of the fund
-5%
PPL
0.5% of the fund
-6%
CompassCOMP
0.1% of the fund
-19%
Expand EnergyEXE
0.1% of the fund
-45%
AeroVironmentAVAV
<0.1% of the fund
-58%
Canadian Pacific Kansas CityCP
<0.1% of the fund
-84%
ADTRAN HoldingsADTN
<0.1% of the fund
-10%
Six Flags EntertainmentFUN
<0.1% of the fund
-91%
TormTRMD
<0.1% of the fund
-28%

Sold out

Sold their entire stake.

ShopifySHOP
-100%
OracleORCL
-100%
NikeNKE
-100%
SeaSE
-100%
Equinox GoldEQX
-100%
Crescent EnergyCRGY
-100%
IamgoldIAG
-100%
Agnico Eagle MinesAEM
-100%
Whirlpool
-100%
Toronto Dominion BankTD
-100%
Liberty EnergyLBRT
-100%
Royal Bank of CanadaRY
-100%
Tower SemiconductorTSEM
-100%
BoeingBA
-100%
Canadian Natural ResourcesCNQ
-100%
WolfspeedWOLF
-100%
Ares Management
-100%
Allied GoldAAUC
-100%
Bank of Montreal /canBMO
-100%
Canadian National RailwayCNI
-100%
Imperial OilIMO
-100%
Enlight Renewable EnergyENLT
-100%
Almonty IndustriesALM
-100%
FerrariRACE
-100%
Algonquin Power & UtilitiesAQN
-100%

Holdings

Invesco QQQ TRQQQ
Share
14.3%
Value
$496m
Shares
673,923
Held
Super Micro Computer
Share
8.7%
Value
$302m
Shares
5,811,200
New
Boeing
Share
5.9%
Value
$207m
Shares
3,075,000
New
GE VernovaGEV
Share
5.1%
Value
$176m
Shares
150,000
New
Taiwan Semiconductor ManufacturingTSM
Share
5.0%
Value
$173m
Shares
363,200
+12%
Alibaba Group HldgBABA
Share
4.5%
Value
$155m
Shares
1,619,000
New
PfizerPFE
Share
4.2%
Value
$144m
Shares
6,000,000
+20%
Jd.comJD
Share
4.1%
Value
$142m
Shares
5,555,500
New
NvidiaNVDA
Share
4.0%
Value
$140m
Shares
697,600
New
MastercardMA
Share
3.9%
Value
$136m
Shares
265,000
Held
AlphabetGOOGL
Share
3.8%
Value
$134m
Shares
374,732
New
ServiceNowNOW
Share
3.7%
Value
$128m
Shares
1,290,300
New
AlphabetGOOG
Share
3.4%
Value
$120m
Shares
339,508
New
NetflixNFLX
Share
3.4%
Value
$117m
Shares
1,643,800
New
Hilton Worldwide HoldingsHLT
Share
3.0%
Value
$106m
Shares
320,700
New
NextnavNN
Share
2.8%
Value
$99m
Shares
5,550,124
Held
Apollo Global Mgmt
Share
2.4%
Value
$84m
Shares
1,375,000
Held
Spdr Series TrustXRT
Share
1.9%
Value
$66m
Shares
750,000
Held
NextEra Energy
Share
1.7%
Value
$58m
Shares
1,085,000
+136%
Microchip Technology
Share
1.5%
Value
$54m
Shares
700,000
New
NextEra Energy
Share
1.5%
Value
$52m
Shares
1,078,273
-20%
Hewlett Packard Enterprise C
Share
1.3%
Value
$46m
Shares
400,000
-54%
Oracle
Share
1.0%
Value
$35m
Shares
785,000
Held
Albemarle
Share
1.0%
Value
$33m
Shares
600,000
-33%
Shift4 Pmts
Share
0.9%
Value
$32m
Shares
520,000
-5%
Robinhood MarketsHOOD
Share
0.6%
Value
$22m
Shares
224,000
New
Vaneck ETF TrustGDX
Share
0.6%
Value
$19m
Shares
254,300
Held
NextEra Energy
Share
0.5%
Value
$19m
Shares
375,000
+88%
PPL
Share
0.5%
Value
$18m
Shares
375,000
-6%
Alphabet
Share
0.5%
Value
$18m
Shares
350,000
New
QXO
Share
0.5%
Value
$17m
Shares
350,000
New
Ligand PharmaceuticalsLGND
Share
0.4%
Value
$14m
Shares
44,600
New
Quantum eMotionQNC
Share
0.4%
Value
$14m
Shares
4,333,145
New
Service Properties TrustSVC
Share
0.3%
Value
$9m
Shares
5,498,517
+36%
ADTADT
Share
0.3%
Value
$9m
Shares
1,360,341
New
Vanguard Index FDSVTI
Share
0.2%
Value
$8m
Shares
21,775
Held
Pg&e
Share
0.2%
Value
$6m
Shares
150,000
New
Open TextOTEX
Share
0.2%
Value
$5m
Shares
237,178
+264%
CompassCOMP
Share
0.1%
Value
$5m
Shares
416,214
-19%
ChemoursCC
Share
0.1%
Value
$5m
Shares
241,016
+74%
Adaptive BiotechnologiesADPT
Share
0.1%
Value
$4m
Shares
184,200
New
Manulife FinancialMFC
Share
0.1%
Value
$4m
Shares
95,700
Held
NeogenomicsNEO
Share
0.1%
Value
$4m
Shares
258,400
New
ComcastCMCSA
Share
0.1%
Value
$4m
Shares
150,404
New
Expand EnergyEXE
Share
0.1%
Value
$4m
Shares
39,866
-45%
Brookfield Asset ManagementBAM
Share
<0.1%
Value
$3m
Shares
72,337
New
Select Sector Spdr TRXLE
Share
<0.1%
Value
$3m
Shares
50,000
New
Galaxy DigitalGLXY
Share
<0.1%
Value
$2m
Shares
85,500
Held
BrookfieldBN
Share
<0.1%
Value
$2m
Shares
45,300
New
Range ResourcesRRC
Share
<0.1%
Value
$2m
Shares
49,553
New
Liberty GlobalLBTYA
Share
<0.1%
Value
$2m
Shares
157,621
New
Vanguard Intl Equity Index FVEU
Share
<0.1%
Value
$2m
Shares
20,250
Held
SunococorpSUNC
Share
<0.1%
Value
$2m
Shares
24,071
Held
Logitech InternationalLOGI
Share
<0.1%
Value
$2m
Shares
16,500
New
Antero ResourcesAR
Share
<0.1%
Value
$1m
Shares
40,967
New
AeroVironmentAVAV
Share
<0.1%
Value
$1m
Shares
8,720
-58%
Canadian Pacific Kansas CityCP
Share
<0.1%
Value
$1m
Shares
15,400
-84%
Keel InfrastructureKEEL
Share
<0.1%
Value
$1m
Shares
232,308
New
Willis Lease FinanceWLFC
Share
<0.1%
Value
$1m
Shares
5,180
New
Peabody EnergyBTU
Share
<0.1%
Value
$1m
Shares
46,750
New
EQTEQT
Share
<0.1%
Value
$1m
Shares
20,045
New
ADTRAN HoldingsADTN
Share
<0.1%
Value
$1m
Shares
73,870
-10%
Kite Realty Group TrustKRG
Share
<0.1%
Value
$962,082
Shares
33,900
New
GDS HldgsGDS
Share
<0.1%
Value
$943,753
Shares
31,427
Held
SoFi TechnologiesSOFI
Share
<0.1%
Value
$779,812
Shares
43,492
Held
Seabridge GoldSA
Share
<0.1%
Value
$626,331
Shares
24,333
New
Trekor MetalsTGB
Share
<0.1%
Value
$615,072
Shares
89,400
New
AmrizeAMRZ
Share
<0.1%
Value
$527,670
Shares
9,900
New
Coeur MiningCDE
Share
<0.1%
Value
$525,504
Shares
32,200
Held
Centerpoint EnergyCNP
Share
<0.1%
Value
$444,804
Shares
10,100
New
Six Flags EntertainmentFUN
Share
<0.1%
Value
$438,098
Shares
20,568
-91%
EnbridgeENB
Share
<0.1%
Value
$288,722
Shares
5,326
New
Brookfield Business Partners L.P.BBUC
Share
<0.1%
Value
$245,486
Shares
8,224
New
TormTRMD
Share
<0.1%
Value
$209,548
Shares
8,041
-28%
IsharesEWZ
Share
<0.1%
Value
$204,171
Shares
5,918
Held
TeekayTK
Share
<0.1%
Value
$177,900
Shares
17,790
New
Dominari HoldingsDOMH
Share
<0.1%
Value
$99,629
Shares
31,729
New
BlackRock Technology & Private Equity Term TrustBTX
Share
<0.1%
Value
$95,718
Shares
10,600
Held
SndlSNDL
Share
<0.1%
Value
$79,674
Shares
59,018
Held
Osisko Development
Share
<0.1%
Value
$73,925
Shares
30,051
New
P3 Health PartnersPIIIW
Share
<0.1%
Value
$510
Shares
50,000
Held

Company	Share of fund	Value	Shares	Change
Invesco QQQ TRQQQ	14.3%	$496m	673,923	Held
Super Micro Computer	8.7%	$302m	5,811,200	New
Boeing	5.9%	$207m	3,075,000	New
GE VernovaGEV	5.1%	$176m	150,000	New
Taiwan Semiconductor ManufacturingTSM	5.0%	$173m	363,200	+12%
Alibaba Group HldgBABA	4.5%	$155m	1,619,000	New
PfizerPFE	4.2%	$144m	6,000,000	+20%
Jd.comJD	4.1%	$142m	5,555,500	New
NvidiaNVDA	4.0%	$140m	697,600	New
MastercardMA	3.9%	$136m	265,000	Held
AlphabetGOOGL	3.8%	$134m	374,732	New
ServiceNowNOW	3.7%	$128m	1,290,300	New
AlphabetGOOG	3.4%	$120m	339,508	New
NetflixNFLX	3.4%	$117m	1,643,800	New
Hilton Worldwide HoldingsHLT	3.0%	$106m	320,700	New
NextnavNN	2.8%	$99m	5,550,124	Held
Apollo Global Mgmt	2.4%	$84m	1,375,000	Held
Spdr Series TrustXRT	1.9%	$66m	750,000	Held
NextEra Energy	1.7%	$58m	1,085,000	+136%
Microchip Technology	1.5%	$54m	700,000	New
NextEra Energy	1.5%	$52m	1,078,273	-20%
Hewlett Packard Enterprise C	1.3%	$46m	400,000	-54%
Oracle	1.0%	$35m	785,000	Held
Albemarle	1.0%	$33m	600,000	-33%
Shift4 Pmts	0.9%	$32m	520,000	-5%
Robinhood MarketsHOOD	0.6%	$22m	224,000	New
Vaneck ETF TrustGDX	0.6%	$19m	254,300	Held
NextEra Energy	0.5%	$19m	375,000	+88%
PPL	0.5%	$18m	375,000	-6%
Alphabet	0.5%	$18m	350,000	New
QXO	0.5%	$17m	350,000	New
Ligand PharmaceuticalsLGND	0.4%	$14m	44,600	New
Quantum eMotionQNC	0.4%	$14m	4,333,145	New
Service Properties TrustSVC	0.3%	$9m	5,498,517	+36%
ADTADT	0.3%	$9m	1,360,341	New
Vanguard Index FDSVTI	0.2%	$8m	21,775	Held
Pg&e	0.2%	$6m	150,000	New
Open TextOTEX	0.2%	$5m	237,178	+264%
CompassCOMP	0.1%	$5m	416,214	-19%
ChemoursCC	0.1%	$5m	241,016	+74%
Adaptive BiotechnologiesADPT	0.1%	$4m	184,200	New
Manulife FinancialMFC	0.1%	$4m	95,700	Held
NeogenomicsNEO	0.1%	$4m	258,400	New
ComcastCMCSA	0.1%	$4m	150,404	New
Expand EnergyEXE	0.1%	$4m	39,866	-45%
Brookfield Asset ManagementBAM	<0.1%	$3m	72,337	New
Select Sector Spdr TRXLE	<0.1%	$3m	50,000	New
Galaxy DigitalGLXY	<0.1%	$2m	85,500	Held
BrookfieldBN	<0.1%	$2m	45,300	New
Range ResourcesRRC	<0.1%	$2m	49,553	New
Liberty GlobalLBTYA	<0.1%	$2m	157,621	New
Vanguard Intl Equity Index FVEU	<0.1%	$2m	20,250	Held
SunococorpSUNC	<0.1%	$2m	24,071	Held
Logitech InternationalLOGI	<0.1%	$2m	16,500	New
Antero ResourcesAR	<0.1%	$1m	40,967	New
AeroVironmentAVAV	<0.1%	$1m	8,720	-58%
Canadian Pacific Kansas CityCP	<0.1%	$1m	15,400	-84%
Keel InfrastructureKEEL	<0.1%	$1m	232,308	New
Willis Lease FinanceWLFC	<0.1%	$1m	5,180	New
Peabody EnergyBTU	<0.1%	$1m	46,750	New
EQTEQT	<0.1%	$1m	20,045	New
ADTRAN HoldingsADTN	<0.1%	$1m	73,870	-10%
Kite Realty Group TrustKRG	<0.1%	$962,082	33,900	New
GDS HldgsGDS	<0.1%	$943,753	31,427	Held
SoFi TechnologiesSOFI	<0.1%	$779,812	43,492	Held
Seabridge GoldSA	<0.1%	$626,331	24,333	New
Trekor MetalsTGB	<0.1%	$615,072	89,400	New
AmrizeAMRZ	<0.1%	$527,670	9,900	New
Coeur MiningCDE	<0.1%	$525,504	32,200	Held
Centerpoint EnergyCNP	<0.1%	$444,804	10,100	New
Six Flags EntertainmentFUN	<0.1%	$438,098	20,568	-91%
EnbridgeENB	<0.1%	$288,722	5,326	New
Brookfield Business Partners L.P.BBUC	<0.1%	$245,486	8,224	New
TormTRMD	<0.1%	$209,548	8,041	-28%
IsharesEWZ	<0.1%	$204,171	5,918	Held
TeekayTK	<0.1%	$177,900	17,790	New
Dominari HoldingsDOMH	<0.1%	$99,629	31,729	New
BlackRock Technology & Private Equity Term TrustBTX	<0.1%	$95,718	10,600	Held
SndlSNDL	<0.1%	$79,674	59,018	Held
Osisko Development	<0.1%	$73,925	30,051	New
P3 Health PartnersPIIIW	<0.1%	$510	50,000	Held

Options (16)

Lam ResearchLRCX
Type
Call
Value
$204m
Contracts
471,600
GE VernovaGEV
Type
Put
Value
$176m
Contracts
150,000
Taiwan Semiconductor ManufacturingTSM
Type
Put
Value
$173m
Contracts
363,200
Alibaba Group HldgBABA
Type
Put
Value
$155m
Contracts
1,619,000
State STR Spdr S&P 500 ETF TSPY
Type
Put
Value
$153m
Contracts
204,500
PfizerPFE
Type
Put
Value
$144m
Contracts
6,000,000
Jd.comJD
Type
Put
Value
$142m
Contracts
5,555,500
NvidiaNVDA
Type
Put
Value
$140m
Contracts
697,600
Palo Alto NetworksPANW
Type
Call
Value
$132m
Contracts
387,500
ServiceNowNOW
Type
Put
Value
$128m
Contracts
1,290,300
NetflixNFLX
Type
Put
Value
$117m
Contracts
1,643,800
Bristol-Myers SquibbBMY
Type
Call
Value
$115m
Contracts
2,000,000
W.W. GraingerGWW
Type
Call
Value
$109m
Contracts
80,000
Hilton Worldwide HoldingsHLT
Type
Put
Value
$106m
Contracts
320,700
State STR Spdr S&P 500 ETF TSPY
Type
Call
Value
$59m
Contracts
79,500
StrategyMSTR
Type
Put
Value
$52m
Contracts
600,000

Company	Type	Value	Contracts
Lam ResearchLRCX	Call	$204m	471,600
GE VernovaGEV	Put	$176m	150,000
Taiwan Semiconductor ManufacturingTSM	Put	$173m	363,200
Alibaba Group HldgBABA	Put	$155m	1,619,000
State STR Spdr S&P 500 ETF TSPY	Put	$153m	204,500
PfizerPFE	Put	$144m	6,000,000
Jd.comJD	Put	$142m	5,555,500
NvidiaNVDA	Put	$140m	697,600
Palo Alto NetworksPANW	Call	$132m	387,500
ServiceNowNOW	Put	$128m	1,290,300
NetflixNFLX	Put	$117m	1,643,800
Bristol-Myers SquibbBMY	Call	$115m	2,000,000
W.W. GraingerGWW	Call	$109m	80,000
Hilton Worldwide HoldingsHLT	Put	$106m	320,700
State STR Spdr S&P 500 ETF TSPY	Call	$59m	79,500
StrategyMSTR	Put	$52m	600,000

Over time and by industry

Value over time

Jun '25

Dec '25

Jun '26

Value is up 92.2% since 30 June 2025.

Where the money is

Technology13.5%

Media & telecom10.8%

Industrials8.1%

Financial services4.9%

Health care4.7%

Retail & consumer3.1%

Real estate0.5%

Energy0.3%

Materials0.2%

Utilities0.0%

Other53.9%

From the fund's 13F filings. They list US stocks and options only, 45 days after each quarter, and leave out cash, bonds, shorts and foreign shares.