Managers / Q3 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 $120M in U.S.-listed holdings across 20 positions for Q3 2021.
The portfolio is heavily concentrated: NOK alone accounts for 70.4% of reported value.
Compared with Q2 2021, the fund opened 13 new positions and exited 3.
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 · 75.1% · $90M
- Common Stock · 12.5% · $15M
- Other · 11.7% · $14M
- NY Reg Shrs · 0.7% · $893,000
Quarter-over-Quarter Changes full breakdown →
vs Q2 2021 (amended baseline)
| Issuer | Move | Share Δ | Shares now | Value Δ | Value now |
|---|---|---|---|---|---|
| LINDE PLC | NEW | +45.4K | 45.4K | +$13M | $13M |
| LOGILOGITECH INTL S A | NEW | +80.2K | 80.2K | +$7M | $7M |
| CNHCNH INDL N V | NEW | +160.2K | 160.2K | +$3M | $3M |
| FTITECHNIPFMC PLC | NEW | +185.0K | 185.0K | +$1M | $1M |
| MTARCELORMITTAL SA LUXEMBOURG | NEW | +29.6K | 29.6K | +$893,000 | $893,000 |
| CREDIT SUISSE GROUP | NEW | +78.4K | 78.4K | +$773,000 | $773,000 |
| BLDPBALLARD PWR SYS INC NEW | NEW | +30.1K | 30.1K | +$427,000 | $427,000 |
| FERGUSON PLC NEW | NEW | +3.0K | 3.0K | +$415,000 | $415,000 |
Value changes conflate price moves with buying and selling — share changes are the real signal. Share counts are not split-adjusted.
Holdings — Q3 2021
| # | Issuer | Class | % Portfolio | Value ↓ | Shares |
|---|---|---|---|---|---|
| 1 | NOKNOKIA CORPhistory → | SPONSORED ADR | 70.36% | $84M | 15.49M |
| 2 | LINDE PLC | SHS | 11.23% | $13M | 45.4K |
| 3 | LOGILOGITECH INTL S Ahistory → | SHS | 5.96% | $7M | 80.2K |
| 4 | CNHCNH INDL N Vhistory → | SHS | 2.27% | $3M | 160.2K |
| 5 | UBSUBS GROUP AGhistory → | SHS | 1.52% | $2M | 113.2K |
| 6 | FTITECHNIPFMC PLChistory → | COM | 1.16% | $1M | 185.0K |
| 7 | BPBP PLChistory → | SPONSORED ADR | 1.10% | $1M | 48.5K |
| 8 | MTARCELORMITTAL SA LUXEMBOURG | NY REGISTRY SH | 0.74% | $893,000 | 29.6K |
| 9 | CREDIT SUISSE GROUP | SPONSORED ADR | 0.64% | $773,000 | 78.4K |
| 10 | AZNNASTRAZENECA PLC | SPONSORED ADR | 0.56% | $667,000 | 11.1K |
| 11 | MICRO FOCUS INTL PLC | SPON ADR NEW | 0.45% | $544,000 | 100.0K |
| 12 | BLDPBALLARD PWR SYS INC NEW | COM | 0.36% | $427,000 | 30.1K |
| 13 | FERGUSON PLC NEW | SHS | 0.35% | $415,000 | 3.0K |
| 14 | BNTXBIONTECH SE | SPONSORED ADS | 0.32% | $387,000 | 1.4K |
| 15 | MRNAMODERNA INC | COM | 0.22% | $267,000 | 693 |
| 16 | STLASTELLANTIS N.V | SHS | 0.19% | $228,000 | 11.9K |
| 17 | QGENQIAGEN NV | SHS NEW | 0.19% | $227,000 | 4.4K |
| 18 | BORR DRILLING LTD | SHS | 0.10% | $119,000 | 139.8K |
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 ↗.