Managers / Q4 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 27 positions for Q4 2021.
The portfolio is heavily concentrated: NOK alone accounts for 47.2% of reported value.
Compared with Q3 2021, the fund opened 13 new positions and exited 5.
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 · 72.1% · $119M
- Common Stock · 14.4% · $24M
- Other · 13.5% · $22M
Quarter-over-Quarter Changes full breakdown →
vs Q3 2021 (amended baseline)
| Issuer | Move | Share Δ | Shares now | Value Δ | Value now |
|---|---|---|---|---|---|
| BUDANHEUSER BUSCH INBEV SA/NV | NEW | +393.1K | 393.1K | +$24M | $24M |
| HSBCHSBC HLDGS PLC | NEW | +97.6K | 97.6K | +$3M | $3M |
| SAPSAP SE | NEW | +9.0K | 9.0K | +$1M | $1M |
| ERICERICSSON | NEW | +99.8K | 99.8K | +$1M | $1M |
| PFEPFIZER INC | NEW | +12.7K | 12.7K | +$745,000 | $745,000 |
| FRONTLINE LTD | NEW | +102.7K | 102.7K | +$731,000 | $731,000 |
| CCEPCOCA-COLA EUROPACIFIC PARTNE | NEW | +10.9K | 10.9K | +$608,000 | $608,000 |
| NVDANVIDIA CORPORATION | NEW | +1.9K | 1.9K | +$560,000 | $560,000 |
Value changes conflate price moves with buying and selling — share changes are the real signal. Share counts are not split-adjusted.
Holdings — Q4 2021
| # | Issuer | Class | % Portfolio | Value ↓ | Shares |
|---|---|---|---|---|---|
| 1 | NOKNOKIA CORPhistory → | SPONSORED ADR | 47.21% | $78M | 12.55M |
| 2 | BUDANHEUSER BUSCH INBEV SA/NVhistory → | SPONSORED ADR | 14.40% | $24M | 393.1K |
| 3 | LINDE PLC | SHS | 11.11% | $18M | 52.8K |
| 4 | CNHCNH INDL N Vhistory → | SHS | 4.55% | $8M | 387.8K |
| 5 | AZNNASTRAZENECA PLChistory → | SPONSORED ADR | 4.45% | $7M | 126.4K |
| 6 | STLASTELLANTIS N.Vhistory → | SHS | 3.25% | $5M | 283.6K |
| 7 | UBSUBS GROUP AGhistory → | SHS | 2.97% | $5M | 272.9K |
| 8 | FERGUSON PLC NEW | SHS | 1.98% | $3M | 18.4K |
| 9 | HSBCHSBC HLDGS PLChistory → | SPON ADR NEW | 1.78% | $3M | 97.6K |
| 10 | SAPSAP SE | SPON ADR | 0.77% | $1M | 9.0K |
| 11 | ERICERICSSON | ADR B SEK 10 | 0.66% | $1M | 99.8K |
| 12 | FTITECHNIPFMC PLC | COM | 0.62% | $1M | 173.9K |
| 13 | MRNAMODERNA INC | COM | 0.53% | $884,000 | 3.6K |
| 14 | QGENQIAGEN NV | SHS NEW | 0.51% | $836,000 | 15.0K |
| 15 | PFEPFIZER INC | COM | 0.45% | $745,000 | 12.7K |
| 16 | FRONTLINE LTD | SHS NEW | 0.44% | $731,000 | 102.7K |
| 17 | CCEPCOCA-COLA EUROPACIFIC PARTNE | SHS | 0.37% | $608,000 | 10.9K |
| 18 | NVDANVIDIA CORPORATION | COM | 0.34% | $560,000 | 1.9K |
| 19 | BABAALIBABA GROUP HLDG LTD | SPONSORED ADS | 0.34% | $559,000 | 4.7K |
| 20 | MICRO FOCUS INTL PLC | SPON ADR NEW | 0.34% | $557,000 | 100.0K |
| 21 | LOGILOGITECH INTL S A | SHS | 0.30% | $496,000 | 6.0K |
| 22 | BLDPBALLARD PWR SYS INC NEW | COM | 0.20% | $335,000 | 28.2K |
| 23 | JKSJINKOSOLAR HLDG CO LTD | SPONSORED ADR | 0.17% | $285,000 | 6.6K |
| 24 | COINCOINBASE GLOBAL INC | COM CL A | 0.15% | $252,000 | 1.0K |
| 25 | RACEFERRARI N V | COM | 0.14% | $232,000 | 898 |
| 26 | GRFSGRIFOLS S A | SP ADR REP B NVT | 0.08% | $139,000 | 12.4K |
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 ↗.