Managers / Q1 2021 · 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 $165M in U.S.-listed holdings across 18 positions for Q1 2021.
The portfolio is heavily concentrated: NOK alone accounts for 75.1% of reported value.
Compared with Q4 2020, the fund opened 4 new positions and exited 17.
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 · 95.4% · $158M
- Other · 2.7% · $4M
- Common Stock · 2.0% · $3M
Quarter-over-Quarter Changes full breakdown →
vs Q4 2020 (amended baseline)
| Issuer | Move | Share Δ | Shares now | Value Δ | Value now |
|---|---|---|---|---|---|
| UBSUBS GROUP AG | NEW | +128.0K | 128.0K | +$2M | $2M |
| ERICERICSSON | NEW | +99.0K | 99.0K | +$1M | $1M |
| MICRO FOCUS INTL PLC | NEW | +100.0K | 100.0K | +$768,000 | $768,000 |
| PRGOPERRIGO CO PLC | NEW | +9.2K | 9.2K | +$374,000 | $374,000 |
| NOKNOKIA CORP | ADDED | +31.20M | 31.39M | +$124M | $124M |
| FIAT CHRYSLER AUTOMOBILES N | SOLD OUT | −1.04M | 0 | −$19M | $0 |
| NVSNOVARTIS AG | SOLD OUT | −132.3K | 0 | −$12M | $0 |
| NVONOVO-NORDISK A S | SOLD OUT | −152.7K | 0 | −$11M | $0 |
Value changes conflate price moves with buying and selling — share changes are the real signal. Share counts are not split-adjusted.
Holdings — Q1 2021
| # | Issuer | Class | % Portfolio | Value ↓ | Shares |
|---|---|---|---|---|---|
| 1 | NOKNOKIA CORPhistory → | SPONSORED ADR | 75.10% | $124M | 31.39M |
| 2 | HSBCHSBC HLDGS PLChistory → | SPON ADR NEW | 7.50% | $12M | 426.0K |
| 3 | WPPWPP PLC NEWhistory → | ADR | 4.56% | $8M | 118.2K |
| 4 | NGGNATIONAL GRID PLChistory → | SPONSORED ADR NE | 2.26% | $4M | 63.1K |
| 5 | EURONAV NV | SHS | 1.96% | $3M | 354.1K |
| 6 | GRFSGRIFOLS S Ahistory → | SP ADR REP B NVT | 1.56% | $3M | 149.4K |
| 7 | AZNNASTRAZENECA PLChistory → | SPONSORED ADR | 1.48% | $2M | 49.2K |
| 8 | UBSUBS GROUP AGhistory → | SHS | 1.20% | $2M | 128.0K |
| 9 | GALAPAGOS NV | SPON ADR | 1.01% | $2M | 21.7K |
| 10 | ERICERICSSON | ADR B SEK 10 | 0.79% | $1M | 99.0K |
| 11 | NATWEST GROUP PLC | SPONS ADR 2 ORD | 0.70% | $1M | 214.8K |
| 12 | CCLCARNIVAL CORP | UNIT 99/99/9999 | 0.55% | $918,000 | 34.6K |
| 13 | MICRO FOCUS INTL PLC | SPON ADR NEW | 0.46% | $768,000 | 100.0K |
| 14 | BBLBHP GROUP PLC | SPONSORED ADR | 0.31% | $521,000 | 9.0K |
| 15 | PRGOPERRIGO CO PLC | SHS | 0.23% | $374,000 | 9.2K |
| 16 | ORANYORANGE | SPONSORED ADR | 0.15% | $249,000 | 20.2K |
| 17 | BCSBARCLAYS PLC | ADR | 0.10% | $171,000 | 16.7K |
| 18 | PSOPEARSON PLC | SPONSORED ADR | 0.06% | $107,000 | 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 ↗.