# Susquehanna International Securities, Ltd.

> Institutional holdings reported to the SEC as of Q3 2024 on Form 13F. CIK 1765923. Source: https://holderbook.com/funds/1765923-susquehanna-international-securities-ltd/

- Reported value: $422.0M
- Positions: 46
- Weight of the ten largest: 92.9%
- Filed: 2024-11-14

A 13F reports long US equity positions only. Short positions, bonds, foreign listings, private holdings and cash are not visible, so this is not the manager's whole book.

## Holdings

| Security | Ticker | Value | Shares | Weight | Quarters held |
|---|---|---|---|---|---|
| STELLANTIS N.V | [STLA](https://holderbook.com/stocks/STLA/) | $262.3M | 13,753,389 | 62.2% | 13 |
| FERRARI N V | [RACE](https://holderbook.com/stocks/RACE/) | $44.7M | 44,985 | 10.6% | 3 |
| ALCON AG | [ALC](https://holderbook.com/stocks/ALC/) | $25.6M | 256,126 | 6.1% | 11 |
| CRH PLC | [CRH](https://holderbook.com/stocks/CRH/) | $15.5M | 0 | 3.7% | 3 |
| FLUTTER ENTMT PLC | [FLUT](https://holderbook.com/stocks/FLUT/) | $12.3M | 0 | 2.9% | 3 |
| DEUTSCHE BK AG | [DB](https://holderbook.com/stocks/DB/) | $10.8M | 623,225 | 2.6% | 10 |
| NOKIA CORP | [NOK](https://holderbook.com/stocks/NOK/) | $7.2M | 1,641,696 | 1.7% | 21 |
| NIKE INC | [NKE](https://holderbook.com/stocks/NKE/) | $5.3M | 60,000 | 1.3% | 1 |
| QIAGEN NV | [QGENXXXX](https://holderbook.com/stocks/QGENXXXX/) | $4.9M | 107,938 | 1.2% | 3 |
| SHELL PLC | [SHEL](https://holderbook.com/stocks/SHEL/) | $3.3M | 49,636 | 0.8% | 4 |
| NOVARTIS AG | [NVS](https://holderbook.com/stocks/NVS/) | $2.9M | 25,400 | 0.7% | 1 |
| MARA HOLDINGS INC | [MARA](https://holderbook.com/stocks/MARA/) | $1.6M | 100,000 | 0.4% | 1 |
| WOODSIDE ENERGY GROUP LTD | [WDS](https://holderbook.com/stocks/WDS/) | $1.6M | 93,167 | 0.4% | 10 |
| SPDR SERIES TRUST | [XRT](https://holderbook.com/stocks/XRT/) | $1.6M | 20,000 | 0.4% | 1 |
| HSBC HLDGS PLC | [HSBC](https://holderbook.com/stocks/HSBC/) | $1.5M | 33,271 | 0.4% | 4 |
| V F CORP | [VFC](https://holderbook.com/stocks/VFC/) | $1.5M | 73,964 | 0.3% | 1 |
| SELECT SECTOR SPDR TR | [XLE](https://holderbook.com/stocks/XLE/) | $1.3M | 14,500 | 0.3% | 5 |
| PVH CORPORATION | [PVH](https://holderbook.com/stocks/PVH/) | $1.2M | 12,346 | 0.3% | 1 |
| RALPH LAUREN CORP | [RL](https://holderbook.com/stocks/RL/) | $1.2M | 6,291 | 0.3% | 1 |
| ALIBABA GROUP HLDG LTD | [BABA](https://holderbook.com/stocks/BABA/) | $1.1M | 10,547 | 0.3% | 1 |
| BHP BILLITON LIMITED | [BHP](https://holderbook.com/stocks/BHP/) | $1.1M | 17,983 | 0.3% | 8 |
| BRITISH AMERN TOB PLC | [BTI](https://holderbook.com/stocks/BTI/) | $1.1M | 29,869 | 0.3% | 1 |
| BANCO SANTANDER S.A. | [SAN](https://holderbook.com/stocks/SAN/) | $1.0M | 201,947 | 0.2% | 3 |
| EPAM SYS INC | [EPAM](https://holderbook.com/stocks/EPAM/) | $1.0M | 5,074 | 0.2% | 6 |
| GLOBANT S A | [GLOB](https://holderbook.com/stocks/GLOB/) | $975.8K | 4,925 | 0.2% | 6 |
| ASTRAZENECA PLC | [AZN](https://holderbook.com/stocks/AZN/) | $953.0K | 12,232 | 0.2% | 1 |
| UBS GROUP AG | [UBS](https://holderbook.com/stocks/UBS/) | $737.8K | 23,869 | 0.2% | 15 |
| BP PLC | [BP](https://holderbook.com/stocks/BP/) | $737.7K | 23,500 | 0.2% | 1 |
| CNH INDL N V | [CNH](https://holderbook.com/stocks/CNH/) | $713.6K | 64,290 | 0.2% | 5 |
| B2GOLD CORP | [BTG](https://holderbook.com/stocks/BTG/) | $572.9K | 0 | 0.1% | 3 |
| META PLATFORMS INC | [META](https://holderbook.com/stocks/META/) | $572.4K | 1,000 | 0.1% | 2 |
| NETEASE COM INC | [NTES](https://holderbook.com/stocks/NTES/) | $564.7K | 6,039 | 0.1% | 3 |
| TOTALENERGIES SE | [TTE](https://holderbook.com/stocks/TTE/) | $555.7K | 8,599 | 0.1% | 7 |
| LEVI STRAUSS & CO NEW | [LEVI](https://holderbook.com/stocks/LEVI/) | $507.0K | 23,258 | 0.1% | 2 |
| VANECK ETF TRUST | [SMH](https://holderbook.com/stocks/SMH/) | $490.9K | 2,000 | 0.1% | 4 |
| ING GROEP N.V. | [ING](https://holderbook.com/stocks/ING/) | $450.4K | 24,800 | 0.1% | 2 |
| ENDAVA PLC | [DAVA](https://holderbook.com/stocks/DAVA/) | $379.1K | 14,842 | 0.1% | 6 |
| FRONTLINE PLC | [FRO](https://holderbook.com/stocks/FRO/) | $337.4K | 14,767 | 0.1% | 7 |
| STMICROELECTRONICS N V | [STM](https://holderbook.com/stocks/STM/) | $288.7K | 9,712 | 0.1% | 5 |
| SANOFI SA | [SNY](https://holderbook.com/stocks/SNY/) | $259.3K | 4,500 | 0.1% | 5 |
| AMAZON COM INC | [AMZN](https://holderbook.com/stocks/AMZN/) | $252.8K | 1,357 | 0.1% | 1 |
| CAPRI HOLDINGS LIMITED | [CPRI](https://holderbook.com/stocks/CPRI/) | $252.5K | 5,950 | 0.1% | 1 |
| CMB.TECH NV | [CMBT](https://holderbook.com/stocks/CMBT/) | $213.2K | 12,830 | 0.1% | 1 |
| FERROVIAL NV | [FER](https://holderbook.com/stocks/FER/) | $210.2K | 4,868 | 0.0% | 2 |
| FORD MTR CO | [F](https://holderbook.com/stocks/F/) | $139.4K | 13,205 | 0.0% | 1 |
| BORR DRILLING LTD | [BORR](https://holderbook.com/stocks/BORR/) | $95.5K | 17,400 | 0.0% | 1 |

## What the disclosed book did

Not the fund's return. This is the change in value of the positions disclosed on Form 13F, had they been left untouched, against SPY over the same quarter ends.

| Quarter | Book | Market | Difference | Priced |
|---|---|---|---|---|
| Q3 2024 | +2.8% | +5.4% | -2.7% | 70% |
| Q2 2024 | -4.7% | +4.0% | -8.7% | 100% |
| Q1 2024 | +4.2% | +10.0% | -5.8% | 100% |
| Q4 2023 | +20.4% | +11.2% | +9.3% | 100% |
| Q3 2023 | +1.1% | -3.6% | +4.7% | 100% |
| Q2 2023 | -0.5% | +8.3% | -8.7% | 100% |
| Q1 2023 | +13.3% | +7.0% | +6.2% | 98% |
| Q4 2022 | +15.4% | +7.1% | +8.3% | 95% |

## Quarter by quarter

| Quarter | Value | Positions |
|---|---|---|
| Q3 2024 | $422.0M | 46 |
| Q2 2024 | $414.8M | 49 |
| Q1 2024 | $251.8M | 50 |
| Q4 2023 | $138.1M | 46 |
| Q3 2023 | $118.1M | 30 |
| Q2 2023 | $107.5M | 40 |
| Q1 2023 | $163.0M | 33 |
| Q4 2022 | $141.4M | 25 |
| Q3 2022 | $53.5M | 22 |
| Q2 2022 | $136.9M | 28 |
| Q1 2022 | $127.7M | 18 |
| Q4 2021 | $165.3M | 26 |