Stocks/Funds/CIK 1879628

Susquehanna Capital Management, LLC

market makermicrocap filerlong-term holderconcentrated
Quarterly 13F filings · Latest period 2026-03-31 · CIK 1879628
Assets
$99M
-46.3% YoY
Holdings
1
Lifetime alpha vs market
-5.54% annual
Average hold time
4.5 yr
median 4.5 yr

Quarterly history

Cum return +21% vs S&P +52% · α -31% lifetimeAUM $99M · peak $273MFlow $0M (+0%)2021-122022-092023-062024-032024-122025-092026-03
AUM ($B)fundS&P 500(gap = α)/ Flow in/out

Behavior signals (lifetime)

Dip response
+0.00%
trims when stocks drop
when a holding falls −10%+
Middle response
-4.80%
baseline attrition
Rally response
-1.19%
trims into rallies
when a holding rises +10%+

Top positions · 1

Ticker$ value% portYoYHold time
PAYOPayoneer Global Inc.$99M100.0%-33.9%4.5 yr

Portfolio composition (YoY)

Industry mix
Software - Infrastructure100.0%+0.0pp$99M
Country
US100.0%+0.0pp
Top 5: 100.0% · Top 10: 100.0% · Top 25: 100.0%

Winners

TickerPrev $PnLYoY %
PAYO$185M-0.06B-33.9%

Losers

TickerPrev $PnLYoY %
PAYO$185M-0.06B-33.9%

Top buys this quarter · 0

No buys this quarter

Top sells this quarter · 0

No sells this quarter

Quarterly history (TTM returns)

PeriodAUM# PosReturn (1yr)SPY (1yr)Alpha (1yr)Flow
2026-03-31$99M1-33.93%+17.59%-51.52%+0.00B
2025-12-31$115M1-44.02%+17.72%-61.74%-0.03B
2025-09-30$153M1-19.65%+17.52%-37.17%+0.00B
2025-06-30$173M1+23.65%+14.94%+8.70%-0.00B
2025-03-31$185M1+50.41%+8.30%+42.11%+0.00B
2024-12-31$254M1+92.71%+24.89%+67.82%+0.19B
2024-09-30$49M1+37.92%+36.04%+1.88%-0.01B
2024-06-30$46M1+22.40%+24.49%-2.09%-0.00B
2024-03-31$40M1-7.70%+29.62%-37.33%+0.00B
2023-12-31$43M1+13.59%+26.18%-12.59%-0.04B
2023-09-30$85M2+9.07%+21.57%-12.50%-0.00B
2023-06-30$70M2+31.25%+19.42%+11.83%+0.00B
2023-03-31$82M2+32.07%-7.82%+39.89%-0.12B
2022-12-31$174M2-8.37%+7.56%-15.93%-0.02B
2022-09-30$211M2+45.16%-4.93%+50.09%-0.00B
2022-06-30$146M2-13.51%-16.11%+2.60%-0.00B