XTX Topco LTD
XTX Topco Ltd is the holding company structure for XTX Markets, a British algorithmic trading and investment firm headquartered in London and founded in 2015 by Alexander Gerko. The firm specializes in quantitative trading and market-making in global financial markets, employing over 250 people worldwide as of 2024. XTX serves institutional clients by providing liquidity across equities, fixed income, currencies, commodities, and crypto, utilizing cutting-edge machine learning technology in its operations.
Investment Strategy
XTX employs algorithmic and quantitative trading strategies, using state-of-the-art machine learning and statistical techniques to create price forecasts for over 50,000 financial instruments. Its business model focuses on providing liquidity as a principal, both on exchanges and directly to institutional clients, across a wide variety of asset classes. The firm emphasizes speed, technology, and innovation in financial markets, with a strong focus on automation, systemization, and minimizing human intervention in trading decisions.
Top Holdings
Equity Positions (2,155)
| Ticker | Security | Weight | Market Value | Shares | Avg Cost | Price | Change (QoQ) |
|---|---|---|---|---|---|---|---|
N NVDA | NVIDIA CORPORATION | 0.84% | $20.2M | 127,925 | $157.04 | $157.99 | +$19.9M |
A AMZN | AMAZON COM INC | 0.76% | $18.3M | 83,425 | $219.39 | $219.39 | +$18.3M |
P PM | PHILIP MORRIS INTL INC | 0.73% | $17.5M | 96,250 | $177.51 | $182.13 | +$16.4M |
M MSFT | MICROSOFT CORP | 0.68% | $16.5M | 33,113 | $497.41 | $497.41 | +$16.5M |
B BRK-B | BERKSHIRE HATHAWAY INC DEL | 0.64% | $15.5M | 31,832 | $485.77 | $485.77 | +$15.5M |