SEC 13F Intelligence

Managers / Q2 2023 · view latest →

Susquehanna International Securities, Ltd.

CIK 0001765923 · INTERNATIONAL CENTRE, MEMORIAL ROAD, IFSC, DUBLIN, L2, D01 T6T0 · 353-1-802800

Reported Value
$107M
Q2 2023
Positions
40
Filings on Record
26
2019–present window
Filed
Aug 11, 2023
original filing

Summary

Susquehanna International Securities, Ltd. reported $107M in U.S.-listed holdings across 40 positions for Q2 2023.

Its largest position, LOGI, represents 19.2% of the portfolio.

Compared with Q1 2023, the fund opened 20 new positions and exited 13.

Portfolio Metrics

Turnover
+39.0%
vs prior filed quarter
Top-10 Concentration
+80.9%
share of reported value
Largest Position
+19.2%
Logitech Intl S A
New / Exited
20 / 13
positions this quarter

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

13F Reported Value
Q4 ’18: $128MQ4 ’18Q1 ’19: $407MQ2 ’19: $616MQ3 ’19: $458MQ3 ’19Q4 ’19: $263MQ1 ’20: $247MQ2 ’20: $241MQ2 ’20Q3 ’20: $190MQ4 ’20: $138MQ1 ’21: $165MQ1 ’21Q2 ’21: $117MQ3 ’21: $120MQ4 ’21: $165MQ4 ’21Q1 ’22: $128MQ2 ’22: $137MQ3 ’22: $53MQ3 ’22Q4 ’22: $141MQ1 ’23: $163MQ2 ’23: $107MQ2 ’23Q3 ’23: $118MQ4 ’23: $138MQ1 ’24: $252MQ1 ’24Q2 ’24: $415MQ3 ’24: $422Mfilingsflow.com

Portfolio Composition

By security type
Common Stock: 53.4%ADR: 44.1%Other: 1.5%ETP: 0.6%NY Reg Shrs: 0.5%
  • Common Stock · 53.4% · $57M
  • ADR · 44.1% · $47M
  • Other · 1.5% · $2M
  • ETP · 0.6% · $639,122
  • NY Reg Shrs · 0.5% · $488,632

Quarter-over-Quarter Changes full breakdown →

vs Q1 2023 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
SAPSAP SENEW+148.7K148.7K+$20M$20M
RIORIO TINTO PLCNEW+38.5K38.5K+$2M$2M
BTIBRITISH AMERN TOB PLCNEW+38.6K38.6K+$1M$1M
SNNSMITH & NEPHEW PLCNEW+37.0K37.0K+$1M$1M
HSBCHSBC HLDGS PLCNEW+29.3K29.3K+$1M$1M
HLNHALEON PLCNEW+120.7K120.7K+$1M$1M
EPAMEPAM SYS INCNEW+4.4K4.4K+$988,900$988,900
ARGXARGENX SENEW+2.2K2.2K+$845,714$845,714

Value changes conflate price moves with buying and selling — share changes are the real signal. Share counts are not split-adjusted.

Holdings — Q2 2023

40 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1LOGILOGITECH INTL S Ahistory →SHS19.25%$21M348.2K
2SAPSAP SEhistory →SPON ADR18.93%$20M148.7K
3STLASTELLANTIS N.Vhistory →SHS13.60%$15M833.0K
4RACEFERRARI N Vhistory →COM13.40%$14M44.3K
5NOKNOKIA CORPhistory →SPONSORED ADR3.80%$4M982.9K
6BHPBHP GROUP LTDhistory →SPONSORED ADS2.76%$3M49.8K
7INGING GROEP N.V.history →SPONSORED ADR2.59%$3M206.5K
8WDSWOODSIDE ENERGY GROUP LTDhistory →SPONSORED ADR2.47%$3M114.5K
9RIORIO TINTO PLChistory →SPONSORED ADR2.28%$2M38.5K
10TSMTAIWAN SEMICONDUCTOR MFG LTDhistory →SPONSORED ADS1.83%$2M19.5K
11QGENQIAGEN NVhistory →SHS NEW1.79%$2M42.7K
12AZNNASTRAZENECA PLChistory →SPONSORED ADR1.38%$1M20.7K
13BTIBRITISH AMERN TOB PLChistory →SPONSORED ADR1.19%$1M38.6K
14ASMLFASML HOLDING N Vhistory →N Y REGISTRY SHS1.14%$1M1.7K
15SNNSMITH & NEPHEW PLChistory →SPDN ADR NEW1.11%$1M37.0K
16HSBCHSBC HLDGS PLChistory →SPON ADR NEW1.08%$1M29.3K
17HLNHALEON PLCSPON ADS0.94%$1M120.7K
18EPAMEPAM SYS INCCOM0.92%$988,9004.4K
19FROFRONTLINE PLCCOM0.87%$934,46864.3K
20ARGXARGENX SESPONSORED ADR0.79%$845,7142.2K
21TTENTOTALENERGIES SESPONSORED ADS0.76%$818,48814.2K
22LYGLLOYDS BANKING GROUP PLCSPONSORED ADR0.71%$761,156346.0K
23DEUTSCHE BANK A GNAMEN AKT0.62%$670,85663.7K
24FEZSPDR INDEX SHS FDSEURO STOXX 500.59%$639,12213.9K
25GLOBGLOBANT S ACOM0.58%$627,0433.5K
26UBSUBS GROUP AGSHS0.52%$562,97927.8K
27RTORENTOKIL INITIAL PLCSPONSORED ADR0.50%$538,41613.8K
28UNILEVER PLCSPON ADR NEW0.50%$535,01010.3K
29PHGKONINKLIJKE PHILIPS N VNY REGIS SHS NEW0.45%$488,63222.5K
30ALCALCON AGORD SHS0.45%$487,3235.9K
31FERGUSON PLC NEWSHS0.45%$483,8863.1K
32DEODIAGEO PLCSPON ADR NEW0.38%$408,7192.4K
33PSOPEARSON PLCSPONSORED ADR0.24%$255,67024.4K
34INDIVIOR PLCORD0.23%$249,04810.4K
35LINLINDE PLCSHS0.21%$227,505597
36EURONAV NVSHS0.21%$222,98814.7K
37DAVAENDAVA PLCADS0.19%$209,1284.0K
38ERICERICSSONADR B SEK 100.12%$125,81323.1K
39AEGON N VNY REGISTRY SHS0.09%$98,97119.5K
40HMYHARMONY GOLD MINING CO LTDSPONSORED ADR0.05%$52,99112.6K

Filing History

QuarterReported ValuePositionsFiledTypeLinks
Q3 2024$422M50Nov 14, 202413F-HRchanges · EDGAR ↗
Q2 2024$415M55Aug 15, 202413F-HRchanges · EDGAR ↗
Q1 2024$252M50May 7, 202413F-HRchanges · EDGAR ↗
Q4 2023$138M46Feb 14, 202413F-HRchanges · EDGAR ↗
Q3 2023$118M30Nov 14, 202313F-HRchanges · EDGAR ↗
Q2 2023$107M40Aug 11, 202313F-HRchanges · EDGAR ↗
Q1 2023$163M33May 16, 202313F-HRchanges · EDGAR ↗
Q4 2022$141M26Feb 14, 202313F-HRchanges · EDGAR ↗
Q3 2022$53M23Nov 14, 202213F-HRchanges · EDGAR ↗
Q2 2022$137M29Aug 15, 202213F-HRchanges · EDGAR ↗
Q1 2022$128M19May 16, 202213F-HRchanges · EDGAR ↗
Q4 2021$165M27Feb 14, 202213F-HRchanges · EDGAR ↗
Q3 2021$120M20Nov 15, 202113F-HRchanges · EDGAR ↗
Q2 2021$117M9Aug 11, 202113F-HRchanges · EDGAR ↗
Q1 2021$165M18May 17, 202113F-HRchanges · EDGAR ↗
Q4 2020$138M41Feb 16, 202113F-HRchanges · EDGAR ↗
Q3 2020$190M51Nov 16, 202013F-HRchanges · EDGAR ↗
Q2 2020$241M72Aug 14, 202013F-HRchanges · EDGAR ↗
Q1 2020$247M86May 15, 202013F-HRchanges · EDGAR ↗
Q4 2019$263M75Feb 14, 202013F-HRchanges · EDGAR ↗
Q3 2019$458M90Nov 14, 201913F-HRchanges · EDGAR ↗
Q2 2019REVEALED$616M162Aug 14, 201913F-HRchanges · EDGAR ↗
Q1 2019$407M72May 15, 201913F-HRchanges · EDGAR ↗
Q4 2018$128M38Feb 14, 201913F-HRchanges · 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 ↗.