Susquehanna Portfolio Strategies, LLC
Long book
$6.73B
Q1 2026
Positions
959
Top-10 weight
11%
concentration
Last quarter
+14.2%
SPY +14.8%
Turnover
26%
of book per quarter
Strategy in plain words
auto-generated from filingsSusquehanna Portfolio Strategies, LLC is a market maker — positions are inventory, not bets, running a $6.73B US long book across 959 positions.
The portfolio is broadly diversified across 959 positions (top 10 only 11%). The portfolio is actively managed, with meaningful quarterly turnover. Current anchor positions: MERCK & CO. INC., MICRON TECHNOLOGY INC, COSTCO WHOLESALE CORP, BAKER HUGHES CO, PFIZER INC.
Over the last 9 quarters its long book ran on average 1.6pp per quarter ahead of the S&P 500, beating the index in 4 of 9 quarters. Its holdings are mechanical (indexing / client flows), so position changes carry no stock-picking signal.
Implied long-book return vs S&P 500
methodology: positions priced quarterly, no shorts/options Fund long book S&P 500
Q1 2024
-3.4%
Q2 2024
+9.6%
Q3 2024
+1.5%
Q4 2024
+15.8%
Q1 2025
+4.0%
Q2 2025
+8.5%
Q3 2025
+1.9%
Q4 2025
+2.5%
Q1 2026
+14.2%
Sector allocation
Healthcare 17%
Technology 15%
Industrials 12%
Financials 12%
Consumer discretionary 11%
Utilities 8%
Energy 7%
Other 5%
Long book by quarter
What does Susquehanna Portfolio own?
Q1 2026 13F| Company | Sector | Shares | Value | % of book | Change |
|---|---|---|---|---|---|
| MRK MERCK & CO. INC. | Healthcare | 791.7K | $95.2M | 1.4% | Held |
| MU MICRON TECHNOLOGY INC | Technology | 273.2K | $92.3M | 1.4% | Held |
| COST COSTCO WHOLESALE CORP | Consumer discretionary | 70.1K | $69.9M | 1.0% | Held |
| BKR BAKER HUGHES CO | Industrials | 1.1M | $69.7M | 1.0% | Held |
| PFE PFIZER INC | Healthcare | 2.5M | $69.5M | 1.0% | Held |
| LITE LUMENTUM HOLDINGS INC | Technology | 97.4K | $68.4M | 1.0% | Held |
| AAPL APPLE INC | Technology | 266.7K | $67.7M | 1.0% | Held |
| WMB WILLIAMS COS INC | Utilities | 898.1K | $65.4M | 1.0% | +11.0% |
| PM PHILIP MORRIS INTERNATIONAL | Consumer staples | 390.5K | $64.6M | 1.0% | Held |
| INTC INTEL CORP | Technology | 1.4M | $61.4M | 0.9% | Held |
| MDT MEDTRONIC PLC | Healthcare | 699.8K | $60.6M | 0.9% | New |
| GM GENERAL MOTORS CO | Industrials | 797.1K | $59.4M | 0.9% | Held |
| TJX TJX COMPANIES INC | Consumer discretionary | 368.4K | $58.8M | 0.9% | -6.7% |
| TTE TOTALENERGIES SE | Energy | 635.1K | $57.8M | 0.9% | New |
| SHW SHERWIN-WILLIAMS CO/THE | Consumer discretionary | 176.2K | $56.5M | 0.8% | New |
| TER TERADYNE INC | Technology | 189.4K | $56.1M | 0.8% | Held |
| CI THE CIGNA GROUP | Financials | 207.7K | $55.4M | 0.8% | +155.8% |
| CMI CUMMINS INC | Industrials | 102.8K | $55.3M | 0.8% | Held |
| AMZN AMAZON.COM INC | Consumer discretionary | 263.3K | $54.8M | 0.8% | Held |
| ANET ARISTA NETWORKS INC | Technology | 442.3K | $54.3M | 0.8% | Held |
| HLT HILTON WORLDWIDE HOLDINGS IN | Services media | 176.3K | $53.6M | 0.8% | Held |
| BLK BLACKROCK INC | Financials | 55.2K | $53.0M | 0.8% | -4.0% |
| SBUX STARBUCKS CORP | Consumer discretionary | 581.1K | $52.1M | 0.8% | -10.8% |
| EA ELECTRONIC ARTS INC | Technology | 247.5K | $50.5M | 0.7% | +79.9% |
| CMG CHIPOTLE MEXICAN GRILL INC | Consumer discretionary | 1.5M | $47.8M | 0.7% | +403.3% |
| ORCL ORACLE CORP | Technology | 322.4K | $47.4M | 0.7% | -0.4% |
| GS GOLDMAN SACHS GROUP INC | Financials | 55.0K | $46.5M | 0.7% | Held |
| AXP AMERICAN EXPRESS CO | Financials | 152.9K | $46.3M | 0.7% | Held |
| DVN DEVON ENERGY CORP | Energy | 887.6K | $44.7M | 0.7% | -0.6% |
| ISRG INTUITIVE SURGICAL INC | Healthcare | 93.7K | $43.2M | 0.6% | +23.5% |
| TRGP TARGA RESOURCES CORP | Utilities | 168.6K | $42.3M | 0.6% | Held |
| A AGILENT TECHNOLOGIES INC | Healthcare | 360.5K | $41.1M | 0.6% | New |
| VEEV VEEVA SYSTEMS INC-CLASS A | Technology | 228.9K | $40.2M | 0.6% | New |
| CTRA COTERRA ENERGY INC | — | 1.1M | $40.1M | 0.6% | +0.7% |
| DOW DOW INC | Materials | 956.3K | $39.8M | 0.6% | New |
| GOOGL ALPHABET INC-CL A | Technology | 138.2K | $39.7M | 0.6% | Held |
| DAL DELTA AIR LINES INC | Industrials | 590.0K | $39.2M | 0.6% | Held |
| FTI TECHNIPFMC PLC | Industrials | 533.3K | $36.9M | 0.5% | Held |
| CBRE CBRE GROUP INC - A | Real estate | 262.7K | $35.6M | 0.5% | -2.4% |
| SU SUNCOR ENERGY INC | Energy | 537.9K | $35.6M | 0.5% | -24.1% |
| JPM JPMORGAN CHASE & CO | Financials | 118.3K | $34.8M | 0.5% | Held |
| INSM INSMED INC | Healthcare | 207.5K | $33.9M | 0.5% | Held |
| WDC WESTERN DIGITAL CORP | Technology | 124.7K | $33.7M | 0.5% | Held |
| PR PERMIAN RESOURCES CORP-CL A | Energy | 1.6M | $33.4M | 0.5% | +0.5% |
| RY ROYAL BANK OF CANADA | Financials | 205.1K | $33.2M | 0.5% | Held |
| DXCM DEXCOM INC | Healthcare | 525.6K | $33.0M | 0.5% | -0.4% |
| GRMN GARMIN LTD | Technology | 136.6K | $31.7M | 0.5% | +551.5% |
| CVS CVS HEALTH CORP | Healthcare | 436.1K | $31.3M | 0.5% | Held |
| APA APA CORP | Energy | 727.6K | $30.9M | 0.5% | +3.7% |
| RGLD ROYAL GOLD INC | Financials | 119.8K | $30.5M | 0.5% | Held |
13F filing history
| Period | Form | Filed | Entries | Reported value | Flags | Source |
|---|---|---|---|---|---|---|
| Q1 2026 | 13F-HR | May 15, 2026 | 959 | $6.73B | canonical | SEC ↗ |
| Q4 2025 | 13F-HR | Feb 17, 2026 | 991 | $6.48B | canonical | SEC ↗ |
| Q3 2025 | 13F-HR | Nov 14, 2025 | 1025 | $6.30B | canonical | SEC ↗ |
| Q2 2025 | 13F-HR | Aug 14, 2025 | 831 | $4.58B | canonical | SEC ↗ |
| Q1 2025 | 13F-HR | May 14, 2025 | 160 | $232.6M | canonical | SEC ↗ |
| Q4 2024 | 13F-HR | Feb 14, 2025 | 16 | $29.7M | canonical | SEC ↗ |
| Q3 2024 | 13F-HR | Nov 14, 2024 | 348 | $1.46B | canonical | SEC ↗ |
| Q2 2024 | 13F-HR | Aug 15, 2024 | 499 | $2.43B | canonical | SEC ↗ |
| Q1 2024 | 13F-HR | May 7, 2024 | 779 | $4.30B | canonical | SEC ↗ |