Susquehanna International Securities, Ltd.

Broker-Dealer

CIK

1765923

Location

DUBLIN, L2

Portfolio Value

Small $412,292,391

Diversification

Highly concentrated

Filing Date

Global Rank

#2,598 / 7,303 ▼ 57

Top Industry

Auto Manufacturers 74.5%

3Y Alpha vs SPY

-16.1%

Period ended 1 year ago

Filed Nov 14, 2024 · 1y

19 quarters · since Mar 2020

Clone Performance

Jun 2023–Jun 2026 · vs SPY

Hypothetical growth of cloning every reported 13F position and rebalancing on each filing, indexed to the same start.

Cloned portfolio

+14.8%

SPY

+76.3%

Annualised alpha

-16.1%

Max drawdown

−33.7%

Estimate. 13F holdings are quarter-lagged and long-only, so the clone rebalances about 45 days after each period end — when the filing becomes public — and excludes options and short positions. Past performance does not predict future results.

Portfolio Concentration

40 positions · as of Sep 30, 2024 · Δ vs Jun 30, 2024

Top Position

63.6%

+26.9 pts

Top 5

87.4%

+0.4 pts

Top 10

94.6%

+1.1 pts

HHI

4,242

Highly concentrated+1,745

Portfolio Trend

19 quarters · across all stocks

Sector Breakdown

As of Sep 30, 2024

Sector	% Portfolio	Value	Positions
Consumer Cyclical	80.3%	$330,927,116	12
Healthcare	7.0%	$28,811,371	3
Basic Materials	4.2%	$17,177,384	3
Financial Services	3.9%	$16,131,627	6
Technology	2.4%	$9,827,729	5
Energy	1.5%	$6,263,543	6
Communication Services	0.3%	$1,137,146	2
Consumer Defensive	0.3%	$1,092,608	1
Industrials	0.2%	$923,867	2

Last Quarter's Activity

Export CSV

Sep 30, 2024 vs Jun 30, 2024

Added To

Positions the filer increased

14 positions

Ticker	Company	Δ Shares	Shares	Value
STLA	Stellantis N.V.	+12,330,757	18,670,889	$262,325,990
DB	Deutsche Bank Aktiengesellschaft	+367,748	623,225	$10,788,024
CRH	Crh Public Ltd Co	+136,000	167,000	$15,487,580
ALC	Alcon Inc	+133,944	256,126	$25,630,528
BTG	B2gold Corp	+125,000	186,000	$572,880
SHEL	Shell plc	+35,500	49,636	$3,273,494
SAN	Banco Santander, S.A.	+20,847	201,947	$1,029,929
HSBC	Hsbc Holdings PLC	+19,617	33,271	$1,503,516
LEVI	Levi Strauss & Co	+10,881	23,258	$507,024
NOK	Nokia Corp	+4,700	1,641,696	$7,174,211
DAVA	Endava plc	+3,591	14,842	$379,064
STM	STMicroelectronics N.V.	+2,200	9,712	$288,737
EPAM	EPAM Systems, Inc.	+2,025	5,074	$1,009,878
GLOB	Globant S.A.	+397	4,925	$975,839
No positions match the current search.

Trimmed

Positions the filer reduced

8 positions

Ticker	Company	Δ Shares	Shares	Value
UBS	UBS Group AG	−4,992,556	23,869	$737,790
CNH	CNH Industrial N.V.	−630,831	64,290	$713,619
FLUT	Flutter Entertainment plc	−53,000	52,000	$12,338,560
BHP	BHP Group Ltd	−22,400	17,983	$1,116,924
RACE	Ferrari N.V.	−21,544	95,185	$44,747,420
NTES	NetEase, Inc.	−12,729	6,039	$564,706
FRO	Frontline plc	−10,670	14,767	$337,425
FER	Ferrovial N.V.	−1,000	4,868	$210,248
No positions match the current search.

New Positions

Positions the filer opened this quarter

14 positions

Ticker	Company	Shares	Value
NKE	NIKE, Inc.	60,000	$5,304,000
NVS	Novartis AG	25,400	$2,921,508
MARA	MARA Holdings, Inc.	100,000	$1,622,000
VFC	V F Corp	73,964	$1,475,581
PVH	Pvh Corp. /De/	12,346	$1,244,847
RL	Ralph Lauren Corp	6,291	$1,219,636
BABA	Alibaba Group Holding Ltd	10,547	$1,119,247
BTI	British American Tobacco p.l.c.	29,869	$1,092,608
BP	Bp PLC	23,500	$737,665
AMZN	Amazon Com Inc	1,357	$252,849
CPRI	Capri Holdings Ltd	5,950	$252,518
CMBT	Cmb.Tech NV	12,830	$213,234
F	Ford Motor Co	13,205	$139,444
BORR	Borr Drilling Ltd	17,400	$95,526
No positions match the current search.

Sold Out

Positions the filer fully exited

18 positions

Ticker	Company	Shares	Value
LOGI	Logitech International S.A.	57,983	$5,617,393
TSLA	Tesla, Inc.	15,000	$2,968,200
GSG	iShares S&P GSCI Commodity-Indexed Trust	125,000	$2,768,750
UNH	Unitedhealth Group Inc	5,000	$2,546,300
NOC	Northrop Grumman Corp /De/	2,600	$1,133,470
LHX	L3harris Technologies, Inc. /De/	3,000	$673,740
RTX	RTX Corp	6,000	$602,340
MT	ArcelorMittal	24,701	$566,393
ASML	Asml Holding NV	522	$533,865
GD	General Dynamics Corp	1,500	$435,210
SDRL	Seadrill Ltd	8,040	$414,060
EQNR	Equinor ASA	10,000	$285,600
LI	Li Auto Inc.	14,377	$257,060
LMT	Lockheed Martin Corp	500	$233,550
ABR	Arbor Realty Trust Inc	15,075	$216,326
MSTR	Strategy Inc	1,500	$206,622
ECO	Okeanis Eco Tankers Corp.	6,327	$203,349
XPEV	Xpeng Inc.	17,592	$128,949
No positions match the current search.

Portfolio Positions

Compact Export CSV View 13F filing

40 positions · $412,292,391 total · as of Sep 30, 2024

All sectors Basic Materials Communication Services Consumer Cyclical Consumer Defensive Energy Financial Services Healthcare Industrials Technology

Ticker	Company	Type	Shares	Δ Shares	Value (USD)	% Δ Value	% of Portfolio
STLA	Stellantis N.V. Consumer Cyclical	Added	18,670,889	+12,330,757	$262,325,990	+108.4%	63.63%
RACE	Ferrari N.V. Consumer Cyclical	Reduced	95,185	-21,544	$44,747,420	−6.1%	10.85%
ALC	Alcon Inc Healthcare	Added	256,126	+133,944	$25,630,528	+135.5%	6.22%
CRH	Crh Public Ltd Co Basic Materials	Added	167,000	+136,000	$15,487,580	+566.3%	3.76%
FLUT	Flutter Entertainment plc Consumer Cyclical	Reduced	52,000	-53,000	$12,338,560	−35.6%	2.99%
DB	Deutsche Bank Aktiengesellschaft Financial Services	Added	623,225	+367,748	$10,788,024	+164.9%	2.62%
NOK	Nokia Corp Technology	Added	1,641,696	+4,700	$7,174,211	+15.9%	1.74%
NKE	NIKE, Inc. Consumer Cyclical	NEW	60,000	NEW	$5,304,000	NEW	1.29%
SHEL	Shell plc Energy	Added	49,636	+35,500	$3,273,494	+220.8%	0.79%
NVS	Novartis AG Healthcare	NEW	25,400	NEW	$2,921,508	NEW	0.71%
MARA	MARA Holdings, Inc. Financial Services	NEW	100,000	NEW	$1,622,000	NEW	0.39%
WDS	Woodside Energy Group Ltd Energy	Held	93,167	0	$1,606,199	−8.3%	0.39%
HSBC	Hsbc Holdings PLC Financial Services	Added	33,271	+19,617	$1,503,516	+153.1%	0.36%
VFC	V F Corp Consumer Cyclical	NEW	73,964	NEW	$1,475,581	NEW	0.36%
PVH	Pvh Corp. /De/ Consumer Cyclical	NEW	12,346	NEW	$1,244,847	NEW	0.30%
RL	Ralph Lauren Corp Consumer Cyclical	NEW	6,291	NEW	$1,219,636	NEW	0.30%
BABA	Alibaba Group Holding Ltd Consumer Cyclical	NEW	10,547	NEW	$1,119,247	NEW	0.27%
BHP	BHP Group Ltd Basic Materials	Reduced	17,983	-22,400	$1,116,924	−51.6%	0.27%
BTI	British American Tobacco p.l.c. Consumer Defensive	NEW	29,869	NEW	$1,092,608	NEW	0.27%
SAN	Banco Santander, S.A. Financial Services	Added	201,947	+20,847	$1,029,929	+22.8%	0.25%
EPAM	EPAM Systems, Inc. Technology	Added	5,074	+2,025	$1,009,878	+76.1%	0.24%
GLOB	Globant S.A. Technology	Added	4,925	+397	$975,839	+20.9%	0.24%
UBS	UBS Group AG Financial Services	Reduced	23,869	-4,992,556	$737,790	−99.5%	0.18%
BP	Bp PLC Energy	NEW	23,500	NEW	$737,665	NEW	0.18%
CNH	CNH Industrial N.V. Industrials	Reduced	64,290	-630,831	$713,619	−89.9%	0.17%
BTG	B2gold Corp Basic Materials	Added	186,000	+125,000	$572,880	+247.8%	0.14%
META	Meta Platforms, Inc. Communication Services	Held	1,000	0	$572,440	+13.5%	0.14%
NTES	NetEase, Inc. Communication Services	Reduced	6,039	-12,729	$564,706	−68.5%	0.14%
LEVI	Levi Strauss & Co Consumer Cyclical	Added	23,258	+10,881	$507,024	+112.5%	0.12%
ING	Ing Groep NV Financial Services	Held	24,800	0	$450,368	+6.0%	0.11%
DAVA	Endava plc Technology	Added	14,842	+3,591	$379,064	+15.2%	0.09%
FRO	Frontline plc Energy	Reduced	14,767	-10,670	$337,425	−48.5%	0.08%
STM	STMicroelectronics N.V. Technology	Added	9,712	+2,200	$288,737	−2.1%	0.07%
SNY	Sanofi Healthcare	Held	4,500	0	$259,335	+18.8%	0.06%
AMZN	Amazon Com Inc Consumer Cyclical	NEW	1,357	NEW	$252,849	NEW	0.06%
CPRI	Capri Holdings Ltd Consumer Cyclical	NEW	5,950	NEW	$252,518	NEW	0.06%
CMBT	Cmb.Tech NV Energy	NEW	12,830	NEW	$213,234	NEW	0.05%
FER	Ferrovial N.V. Industrials	Reduced	4,868	-1,000	$210,248	−7.9%	0.05%
F	Ford Motor Co Consumer Cyclical	NEW	13,205	NEW	$139,444	NEW	0.03%
BORR	Borr Drilling Ltd Energy	NEW	17,400	NEW	$95,526	NEW	0.02%