Managers / Q3 2023 · 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 $118M in U.S.-listed holdings across 30 positions for Q3 2023.
The portfolio is heavily concentrated: STLA alone accounts for 31.3% of reported value.
Compared with Q2 2023, the fund opened 5 new positions and exited 15.
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
- Common Stock · 79.2% · $94M
- ADR · 18.9% · $22M
- ETP · 1.3% · $1M
- Other · 0.3% · $380,318
- NY Reg Shrs · 0.3% · $324,218
Quarter-over-Quarter Changes full breakdown →
vs Q2 2023 (amended baseline)
| Issuer | Move | Share Δ | Shares now | Value Δ | Value now |
|---|---|---|---|---|---|
| XLESELECT SECTOR SPDR TR | NEW | +10.0K | 10.0K | +$903,900 | $903,900 |
| GSKGSK PLC | NEW | +11.5K | 11.5K | +$418,071 | $418,071 |
| CNHCNH INDL N V | NEW | +34.3K | 34.3K | +$415,357 | $415,357 |
| STMSTMICROELECTRONICS N V | NEW | +7.5K | 7.5K | +$324,218 | $324,218 |
| SNYSANOFI | NEW | +4.5K | 4.5K | +$241,380 | $241,380 |
| UBSUBS GROUP AG | ADDED | +1.14M | 1.17M | +$28M | $29M |
| ASMLFASML HOLDING N V | ADDED | +19.9K | 21.6K | +$11M | $13M |
| ALCALCON AG | ADDED | +30.6K | 36.5K | +$2M | $3M |
Value changes conflate price moves with buying and selling — share changes are the real signal. Share counts are not split-adjusted.
Holdings — Q3 2023
| # | Issuer | Class | % Portfolio | Value ↓ | Shares |
|---|---|---|---|---|---|
| 1 | STLASTELLANTIS N.Vhistory → | SHS | 31.31% | $37M | 1.93M |
| 2 | UBSUBS GROUP AGhistory → | SHS | 24.35% | $29M | 1.17M |
| 3 | ASMLFASML HOLDING N Vhistory → | N Y REGISTRY SHS | 10.75% | $13M | 21.6K |
| 4 | BHPBHP GROUP LTDhistory → | SPONSORED ADS | 6.91% | $8M | 143.5K |
| 5 | SAPSAP SEhistory → | SPON ADR | 3.28% | $4M | 30.0K |
| 6 | LOGILOGITECH INTL S Ahistory → | SHS | 2.96% | $4M | 50.8K |
| 7 | NOKNOKIA CORPhistory → | SPONSORED ADR | 2.48% | $3M | 782.6K |
| 8 | ALCALCON AGhistory → | ORD SHS | 2.38% | $3M | 36.5K |
| 9 | WDSWOODSIDE ENERGY GROUP LTDhistory → | SPONSORED ADR | 2.09% | $2M | 106.0K |
| 10 | DEUTSCHE BANK A G | NAMEN AKT | 2.06% | $2M | 221.4K |
| 11 | EPAMEPAM SYS INChistory → | COM | 1.40% | $2M | 6.5K |
| 12 | GLOBGLOBANT S Ahistory → | COM | 1.20% | $1M | 7.2K |
| 13 | QGENQIAGEN NV | SHS NEW | 0.98% | $1M | 28.7K |
| 14 | TTENTOTALENERGIES SE | SPONSORED ADS | 0.79% | $933,792 | 14.2K |
| 15 | HLNHALEON PLC | SPON ADS | 0.77% | $905,279 | 108.7K |
| 16 | XLESELECT SECTOR SPDR TR | ENERGY | 0.77% | $903,900 | 10.0K |
| 17 | RACEFERRARI N V | COM | 0.72% | $846,722 | 2.9K |
| 18 | LYGLLOYDS BANKING GROUP PLC | SPONSORED ADR | 0.65% | $769,661 | 361.3K |
| 19 | SNNSMITH & NEPHEW PLC | SPDN ADR NEW | 0.61% | $719,048 | 29.0K |
| 20 | FROFRONTLINE PLC | COM | 0.54% | $633,431 | 33.7K |
| 21 | DAVAENDAVA PLC | ADS | 0.50% | $588,067 | 10.3K |
| 22 | FEZSPDR INDEX SHS FDS | EURO STOXX 50 | 0.49% | $583,939 | 13.9K |
| 23 | GSKGSK PLC | SPONSORED ADR | 0.35% | $418,071 | 11.5K |
| 24 | CNHCNH INDL N V | SHS | 0.35% | $415,357 | 34.3K |
| 25 | INGING GROEP N.V. | SPONSORED ADR | 0.31% | $368,210 | 27.9K |
| 26 | STMSTMICROELECTRONICS N V | NY REGISTRY | 0.27% | $324,218 | 7.5K |
| 27 | SNYSANOFI | SPONSORED ADR | 0.20% | $241,380 | 4.5K |
| 28 | LINLINDE PLC | SHS | 0.19% | $222,293 | 597 |
| 29 | INDIVIOR PLC | ORD | 0.19% | $218,500 | 9.7K |
| 30 | AEGON N V | NY REGISTRY SHS | 0.14% | $161,818 | 33.7K |
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 ↗.