Managers / Q2 2020 · view latest →
Susquehanna International Securities, Ltd.
CIK 0001765923 · INTERNATIONAL CENTRE, MEMORIAL ROAD, IFSC, DUBLIN, L2, D01 T6T0 · 353-1-802800
Summary
Susquehanna International Securities, Ltd. reported $241M in U.S.-listed holdings across 72 positions for Q2 2020.
The portfolio is heavily concentrated: Royal Dutch Shell alone accounts for 23.4% of reported value.
Compared with Q1 2020, the fund opened 9 new positions and exited 13.
Portfolio Metrics
Methodology: turnover is min(value bought, value sold) ÷ average reported value across the two quarters — value-based, so market moves inflate it slightly versus a share-based measure. Concentration and largest position are shares of the filing’s total reported value, options excluded, with multiple share classes and repeated sub-manager rows for the same issuer combined into one position — the same rule the holdings table uses by default. New/exited counts compare against the prior filed quarter. All figures derive solely from the fund’s 13F filings.
Reported Value by Quarter
Portfolio Composition
- ADR · 72.8% · $176M
- Common Stock · 17.9% · $43M
- Other · 7.7% · $19M
- NY Reg Shrs · 1.7% · $4M
Quarter-over-Quarter Changes full breakdown →
vs Q1 2020 (amended baseline)
| Issuer | Move | Share Δ | Shares now | Value Δ | Value now |
|---|---|---|---|---|---|
| ROYAL DUTCH SHELL PLC | NEW | +1.84M | 1.84M | +$56M | $56M |
| DEODIAGEO P L C | NEW | +49.0K | 49.0K | +$7M | $7M |
| UBSUBS GROUP AG | NEW | +435.4K | 435.4K | +$5M | $5M |
| ARGXARGENX SE | NEW | +17.7K | 17.7K | +$4M | $4M |
| EURONAV NV ANTWERPEN | NEW | +186.2K | 186.2K | +$2M | $2M |
| TSTENARIS S A | NEW | +89.9K | 89.9K | +$1M | $1M |
| ROYAL BK SCOTLAND GROUP PLC | NEW | +213.7K | 213.7K | +$652,000 | $652,000 |
| TTENTOTAL S.A. | NEW | +12.4K | 12.4K | +$477,000 | $477,000 |
Value changes conflate price moves with buying and selling — share changes are the real signal. Share counts are not split-adjusted.
Holdings — Q2 2020
| # | Issuer | Class | % Portfolio | Value ↓ | Shares |
|---|---|---|---|---|---|
| 1 | ROYAL DUTCH SHELL PLC | SPON ADR B · SPONS ADR A | 23.42% | $57M | 1.86M |
| 2 | NOKNOKIA CORPhistory → | SPONSORED ADR | 5.58% | $13M | 3.06M |
| 3 | NGGNATIONAL GRID PLChistory → | SPONSORED ADR NE | 3.20% | $8M | 127.1K |
| 4 | SAPSAP SEhistory → | SPON ADR | 2.42% | $6M | 41.7K |
| 5 | UBSUBS GROUP AGhistory → | SHS | 1.94% | $5M | 405.0K |
| 6 | WPPWPP PLC NEWhistory → | ADR | 1.92% | $5M | 118.2K |
| 7 | LINDE PLC | SHS | 1.89% | $5M | 21.5K |
| 8 | RYAAYRYANAIR HOLDINGS PLChistory → | SPONSORED ADS | 1.86% | $4M | 67.6K |
| 9 | CREDIT SUISSE GROUP | SPONSORED ADR | 1.68% | $4M | 392.1K |
| 10 | DEUTSCHE BANK A G | NAMEN AKT | 1.21% | $3M | 306.8K |
| 11 | UNILEVER N V | N Y SHS NEW | 1.10% | $3M | 49.8K |
| 12 | NVONOVO-NORDISK A Shistory → | ADR | 1.06% | $3M | 39.0K |
| 13 | FIAT CHRYSLER AUTOMOBILES N | SHS | 0.98% | $2M | 231.8K |
| 14 | GALAPAGOS NV | SPON ADR | 0.78% | $2M | 9.6K |
| 15 | RACEFERRARI N V | COM | 0.74% | $2M | 10.5K |
| 16 | BBLBHP GROUP PLC | SPONSORED ADR | 0.67% | $2M | 39.2K |
| 17 | EURONAV NV ANTWERPEN | SHS | 0.63% | $2M | 186.2K |
| 18 | GRFSGRIFOLS S A | SP ADR REP B NVT | 0.60% | $1M | 79.4K |
| 19 | ABBNYABB LTD | SPONSORED ADR | 0.55% | $1M | 58.7K |
| 20 | TSTENARIS S A | SPONSORED ADS | 0.48% | $1M | 89.9K |
| 21 | HSBCHSBC HLDGS PLC | SPON ADR NEW | 0.40% | $962,000 | 41.2K |
| 22 | CNHCNH INDL N V | SHS | 0.34% | $818,000 | 116.4K |
| 23 | PHGKONINKLIJKE PHILIPS N V | NY REG SH NEW | 0.30% | $717,000 | 15.3K |
| 24 | FTITECHNIPFMC PLC | COM | 0.29% | $703,000 | 102.8K |
| 25 | ROYAL BK SCOTLAND GROUP PLC | SPONS ADR 2 ORD | 0.27% | $652,000 | 213.7K |
| 26 | TTENTOTAL S.A. | SPONSORED ADS | 0.20% | $477,000 | 12.4K |
| 27 | ALCALCON AG | ORD SHS | 0.18% | $430,000 | 7.5K |
| 28 | AIGAMERICAN INTL GROUP INC | COM NEW | 0.14% | $329,000 | 10.6K |
| 29 | STMSTMICROELECTRONICS N V | NY REGISTRY | 0.11% | $270,000 | 9.8K |
| 30 | PSOPEARSON PLC | SPONSORED ADR | 0.03% | $72,000 | 10.0K |
Filing History
| Quarter | Reported Value | Positions | Filed | Type | Links |
|---|---|---|---|---|---|
| Q3 2024 | $422M | 50 | Nov 14, 2024 | 13F-HR | changes · EDGAR ↗ |
| Q2 2024 | $415M | 55 | Aug 15, 2024 | 13F-HR | changes · EDGAR ↗ |
| Q1 2024 | $252M | 50 | May 7, 2024 | 13F-HR | changes · EDGAR ↗ |
| Q4 2023 | $138M | 46 | Feb 14, 2024 | 13F-HR | changes · EDGAR ↗ |
| Q3 2023 | $118M | 30 | Nov 14, 2023 | 13F-HR | changes · EDGAR ↗ |
| Q2 2023 | $107M | 40 | Aug 11, 2023 | 13F-HR | changes · EDGAR ↗ |
| Q1 2023 | $163M | 33 | May 16, 2023 | 13F-HR | changes · EDGAR ↗ |
| Q4 2022 | $141M | 26 | Feb 14, 2023 | 13F-HR | changes · EDGAR ↗ |
| Q3 2022 | $53M | 23 | Nov 14, 2022 | 13F-HR | changes · EDGAR ↗ |
| Q2 2022 | $137M | 29 | Aug 15, 2022 | 13F-HR | changes · EDGAR ↗ |
| Q1 2022 | $128M | 19 | May 16, 2022 | 13F-HR | changes · EDGAR ↗ |
| Q4 2021 | $165M | 27 | Feb 14, 2022 | 13F-HR | changes · EDGAR ↗ |
| Q3 2021 | $120M | 20 | Nov 15, 2021 | 13F-HR | changes · EDGAR ↗ |
| Q2 2021 | $117M | 9 | Aug 11, 2021 | 13F-HR | changes · EDGAR ↗ |
| Q1 2021 | $165M | 18 | May 17, 2021 | 13F-HR | changes · EDGAR ↗ |
| Q4 2020 | $138M | 41 | Feb 16, 2021 | 13F-HR | changes · EDGAR ↗ |
| Q3 2020 | $190M | 51 | Nov 16, 2020 | 13F-HR | changes · EDGAR ↗ |
| Q2 2020 | $241M | 72 | Aug 14, 2020 | 13F-HR | changes · EDGAR ↗ |
| Q1 2020 | $247M | 86 | May 15, 2020 | 13F-HR | changes · EDGAR ↗ |
| Q4 2019 | $263M | 75 | Feb 14, 2020 | 13F-HR | changes · EDGAR ↗ |
| Q3 2019 | $458M | 90 | Nov 14, 2019 | 13F-HR | changes · EDGAR ↗ |
| Q2 2019REVEALED | $616M | 162 | Aug 14, 2019 | 13F-HR | changes · EDGAR ↗ |
| Q1 2019 | $407M | 72 | May 15, 2019 | 13F-HR | changes · EDGAR ↗ |
| Q4 2018 | $128M | 38 | Feb 14, 2019 | 13F-HR | changes · EDGAR ↗ |
13F filings are due up to 45 days after quarter end, so holdings shown here lag the fund’s current book. Source: original SEC filing on EDGAR ↗.