Wynn Resorts, Limited received an amended Schedule 13G from several affiliated Susquehanna entities, reporting their holdings of the company’s common stock. G1 Execution Services, Susquehanna Fundamental Investments, Susquehanna Investment Group, Susquehanna Portfolio Strategies, and Susquehanna Securities collectively report beneficial ownership of 4,222,928 Shares, representing 4.1% of Wynn’s outstanding common stock as of June 30, 2026. This total includes options to buy 157,300 Shares held by Susquehanna Investment Group and options to buy 3,449,200 Shares held by Susquehanna Securities. Each entity reports sole voting and dispositive power over the Shares it directly owns and shared voting and dispositive power over all Shares beneficially owned by the group, while disclaiming beneficial ownership of Shares owned directly by the other reporting persons. The filing confirms that the group now holds 5 percent or less of the class.
Positive
None.
Negative
None.
Key Figures
Beneficially owned shares:4,222,928 SharesPercent of class owned:4.1 %Shares outstanding:103,405,133 Shares+2 more
5 metrics
Beneficially owned shares4,222,928 SharesTotal Wynn Resorts common stock beneficially owned by the Susquehanna reporting group
Percent of class owned4.1 %Portion of Wynn Resorts common stock class reported as owned by the group
Shares outstanding103,405,133 SharesWynn Resorts common stock outstanding as of June 30, 2026, per Form 10-Q
Options held by Susquehanna Investment Group157,300 SharesOptions to buy Wynn Resorts Shares included in Susquehanna Investment Group’s beneficial ownership
Options held by Susquehanna Securities3,449,200 SharesOptions to buy Wynn Resorts Shares included in Susquehanna Securities’ beneficial ownership
Key Terms
beneficial ownership, sole voting power, shared dispositive power, Schedule 13G, +1 more
5 terms
beneficial ownershipfinancial
"The number of Shares reported as beneficially owned by Susquehanna Investment Group includes options"
Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.
sole voting powerfinancial
"5 | Sole Voting Power 11.00 6 | Shared Voting Power 4,222,928.00"
Sole voting power is the exclusive right to cast votes attached to a shareholder’s stock without needing approval from anyone else. Like holding the only remote control for a TV, it lets that holder decide corporate matters such as board members, mergers, and policy changes, making it important to investors because it concentrates control and can strongly influence a company’s strategy and the value of its shares.
shared dispositive powerfinancial
"8 | Shared Dispositive Power 4,222,928.00 9 4,222,928.00"
Schedule 13Gregulatory
"Item 5. | Ownership of 5 Percent or Less of a Class."
A Schedule 13G is a formal document that investors file with the government when they acquire a large ownership stake in a company, usually for investment purposes rather than control. It helps keep the public informed about who owns significant parts of a company's shares, which can influence how the company is managed and how investors make decisions. Filing this schedule is important for transparency and understanding the ownership landscape of publicly traded companies.
broker-dealersfinancial
"are affiliated independent broker-dealers which, together with Susquehanna Fundamental Investments"
A broker-dealer is a firm or individual that helps people buy and sell securities and may also trade those securities for its own account. Think of it like a market clerk who can either match a buyer with a seller or sell items from the shop’s shelves; investors rely on broker-dealers to execute trades, custody assets, provide market access and advice, and their actions and fees can affect trade speed, cost and potential conflicts of interest.
FAQ
What percentage of Wynn Resorts (WYNN) does the Susquehanna group report owning?
The Susquehanna reporting group reports beneficial ownership of 4.1% of Wynn Resorts’ common stock. This is based on 4,222,928 Shares out of 103,405,133 Shares outstanding as of June 30, 2026.
How many Wynn Resorts (WYNN) shares does the Susquehanna group report beneficially owning?
The group reports beneficial ownership of 4,222,928 Shares of Wynn Resorts common stock. This figure includes Shares underlying options held by Susquehanna Investment Group and Susquehanna Securities as described in the filing.
Which Susquehanna entities are reporting owners of Wynn Resorts (WYNN) shares?
The reporting persons are G1 Execution Services, LLC, Susquehanna Fundamental Investments, LLC, Susquehanna Investment Group, Susquehanna Portfolio Strategies, LLC, and Susquehanna Securities, LLC. They may be deemed a group for their Wynn Resorts common stock holdings.
How many Wynn Resorts (WYNN) shares are tied to options held by Susquehanna entities?
The filing states that Susquehanna Investment Group’s beneficial ownership includes options to buy 157,300 Shares, and Susquehanna Securities’ beneficial ownership includes options to buy 3,449,200 Shares of Wynn Resorts common stock.
What is the total number of Wynn Resorts (WYNN) shares outstanding used in this Schedule 13G/A?
The filing cites Wynn Resorts’ Form 10-Q indicating there were 103,405,133 Shares of common stock outstanding as of June 30, 2026, which is the basis for the reported 4.1% ownership calculation.
Does the Susquehanna group claim full beneficial ownership of all reported Wynn Resorts (WYNN) shares?
No. Each reporting person disclaims beneficial ownership of Shares owned directly by another reporting person. They report sole power over their own Shares and shared power over all Shares beneficially owned by the group.
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
UNDER THE SECURITIES EXCHANGE ACT OF 1934
(Amendment No. 1)
Wynn Resorts, Limited
(Name of Issuer)
Common Stock, $0.01 par value per share
(Title of Class of Securities)
983134107
(CUSIP Number)
06/30/2026
(Date of Event Which Requires Filing of this Statement)
Check the appropriate box to designate the rule pursuant to which this Schedule is filed:
Rule 13d-1(b)
Rule 13d-1(c)
Rule 13d-1(d)
schemaVersion:
SCHEDULE 13G
CUSIP Number(s):
983134107
1
Names of Reporting Persons
G1 Execution Services, LLC
2
Check the appropriate box if a member of a Group (see instructions)
(a)
(b)
3
Sec Use Only
4
Citizenship or Place of Organization
ILLINOIS
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
11.00
6
Shared Voting Power
4,222,928.00
7
Sole Dispositive Power
11.00
8
Shared Dispositive Power
4,222,928.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
4,222,928.00
10
Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
11
Percent of class represented by amount in row (9)
4.1 %
12
Type of Reporting Person (See Instructions)
BD, OO
Comment for Type of Reporting Person: With respect to Row 5 through Row 9 above, G1 Execution Services, LLC, Susquehanna Investment Group and Susquehanna Securities, LLC are affiliated independent broker-dealers which, together with Susquehanna Fundamental Investments, LLC and Susquehanna Portfolio Strategies, LLC, may be deemed a group. For purposes of this report, we have indicated that each reporting person has sole voting and dispositive power with respect to the shares beneficially owned by it and that the reporting persons have shared voting and dispositive power with respect to all shares beneficially owned by all of the reporting persons. Each of the reporting persons disclaims beneficial ownership of shares owned directly by another reporting person.
SCHEDULE 13G
CUSIP Number(s):
983134107
1
Names of Reporting Persons
Susquehanna Fundamental Investments, LLC
2
Check the appropriate box if a member of a Group (see instructions)
(a)
(b)
3
Sec Use Only
4
Citizenship or Place of Organization
DELAWARE
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
18,466.00
6
Shared Voting Power
4,222,928.00
7
Sole Dispositive Power
18,466.00
8
Shared Dispositive Power
4,222,928.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
4,222,928.00
10
Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
11
Percent of class represented by amount in row (9)
4.1 %
12
Type of Reporting Person (See Instructions)
OO
Comment for Type of Reporting Person: With respect to Row 5 through Row 9 above, G1 Execution Services, LLC, Susquehanna Investment Group and Susquehanna Securities, LLC are affiliated independent broker-dealers which, together with Susquehanna Fundamental Investments, LLC and Susquehanna Portfolio Strategies, LLC, may be deemed a group. For purposes of this report, we have indicated that each reporting person has sole voting and dispositive power with respect to the shares beneficially owned by it and that the reporting persons have shared voting and dispositive power with respect to all shares beneficially owned by all of the reporting persons. Each of the reporting persons disclaims beneficial ownership of shares owned directly by another reporting person.
SCHEDULE 13G
CUSIP Number(s):
983134107
1
Names of Reporting Persons
Susquehanna Investment Group
2
Check the appropriate box if a member of a Group (see instructions)
(a)
(b)
3
Sec Use Only
4
Citizenship or Place of Organization
PENNSYLVANIA
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
192,575.00
6
Shared Voting Power
4,222,928.00
7
Sole Dispositive Power
192,575.00
8
Shared Dispositive Power
4,222,928.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
4,222,928.00
10
Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
11
Percent of class represented by amount in row (9)
4.1 %
12
Type of Reporting Person (See Instructions)
BD, PN
Comment for Type of Reporting Person: With respect to Row 5 through Row 9 above, G1 Execution Services, LLC, Susquehanna Investment Group and Susquehanna Securities, LLC are affiliated independent broker-dealers which, together with Susquehanna Fundamental Investments, LLC and Susquehanna Portfolio Strategies, LLC, may be deemed a group. For purposes of this report, we have indicated that each reporting person has sole voting and dispositive power with respect to the shares beneficially owned by it and that the reporting persons have shared voting and dispositive power with respect to all shares beneficially owned by all of the reporting persons. Each of the reporting persons disclaims beneficial ownership of shares owned directly by another reporting person.
SCHEDULE 13G
CUSIP Number(s):
983134107
1
Names of Reporting Persons
Susquehanna Portfolio Strategies, LLC
2
Check the appropriate box if a member of a Group (see instructions)
(a)
(b)
3
Sec Use Only
4
Citizenship or Place of Organization
DELAWARE
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
0.00
6
Shared Voting Power
4,222,928.00
7
Sole Dispositive Power
0.00
8
Shared Dispositive Power
4,222,928.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
4,222,928.00
10
Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
11
Percent of class represented by amount in row (9)
4.1 %
12
Type of Reporting Person (See Instructions)
OO
Comment for Type of Reporting Person: With respect to Row 5 through Row 9 above, G1 Execution Services, LLC, Susquehanna Investment Group and Susquehanna Securities, LLC are affiliated independent broker-dealers which, together with Susquehanna Fundamental Investments, LLC and Susquehanna Portfolio Strategies, LLC, may be deemed a group. For purposes of this report, we have indicated that each reporting person has sole voting and dispositive power with respect to the shares beneficially owned by it and that the reporting persons have shared voting and dispositive power with respect to all shares beneficially owned by all of the reporting persons. Each of the reporting persons disclaims beneficial ownership of shares owned directly by another reporting person.
SCHEDULE 13G
CUSIP Number(s):
983134107
1
Names of Reporting Persons
Susquehanna Securities, LLC
2
Check the appropriate box if a member of a Group (see instructions)
(a)
(b)
3
Sec Use Only
4
Citizenship or Place of Organization
DELAWARE
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
4,011,876.00
6
Shared Voting Power
4,222,928.00
7
Sole Dispositive Power
4,011,876.00
8
Shared Dispositive Power
4,222,928.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
4,222,928.00
10
Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
11
Percent of class represented by amount in row (9)
4.1 %
12
Type of Reporting Person (See Instructions)
BD, OO
Comment for Type of Reporting Person: With respect to Row 5 through Row 9 above, G1 Execution Services, LLC, Susquehanna Investment Group and Susquehanna Securities, LLC are affiliated independent broker-dealers which, together with Susquehanna Fundamental Investments, LLC and Susquehanna Portfolio Strategies, LLC, may be deemed a group. For purposes of this report, we have indicated that each reporting person has sole voting and dispositive power with respect to the shares beneficially owned by it and that the reporting persons have shared voting and dispositive power with respect to all shares beneficially owned by all of the reporting persons. Each of the reporting persons disclaims beneficial ownership of shares owned directly by another reporting person.
SCHEDULE 13G
Item 1.
(a)
Name of issuer:
Wynn Resorts, Limited
(b)
Address of issuer's principal executive offices:
3131 Las Vegas Boulevard South, Las Vegas, Nevada 89109
Item 2.
(a)
Name of person filing:
This statement is filed by the entities listed below, who are collectively referred to herein as "Reporting Persons" with respect to the shares of Common Stock, $0.01 par value per share (the "Shares"), of Wynn Resorts, Limited (the "Company").
(i) G1 Execution Services, LLC
(ii) Susquehanna Fundamental Investments, LLC
(iii) Susquehanna Investment Group
(iv) Susquehanna Portfolio Strategies, LLC
(v) Susquehanna Securities, LLC
(b)
Address or principal business office or, if none, residence:
The address of the principal business office of G1 Execution Services, LLC is:
175 W. Jackson Blvd.
Suite 1700
Chicago, IL 60604
The address of the principal business office of each of Susquehanna Fundamental Investments, LLC, Susquehanna Investment Group, Susquehanna Portfolio Strategies, LLC and Susquehanna Securities, LLC is:
401 E. City Avenue
Suite 220
Bala Cynwyd, PA 19004
(c)
Citizenship:
Citizenship is set forth in Row 4 of the cover page for each Reporting Person hereto and is incorporated herein by reference for each such Reporting Person.
(d)
Title of class of securities:
Common Stock, $0.01 par value per share
(e)
CUSIP No.:
983134107
Item 3.
If this statement is filed pursuant to §§ 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:
(a)
Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o);
(b)
Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c);
(c)
Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c);
(d)
Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8);
(e)
An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E);
(f)
An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F);
(g)
A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);
(h)
A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
(i)
A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
(j)
A non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J). If filing as a non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J),
please specify the type of institution:
(k)
Group, in accordance with Rule 240.13d-1(b)(1)(ii)(K).
Item 4.
Ownership
(a)
Amount beneficially owned:
The information required by this Item 4(a) is set forth in Row 9 of the cover page for each Reporting Person hereto and is incorporated herein by reference for each such Reporting Person.
The number of Shares reported as beneficially owned by Susquehanna Investment Group includes options to buy 157,300 Shares. The number of Shares reported as beneficially owned by Susquehanna Securities, LLC includes options to buy 3,449,200 Shares.
The Company's Quarterly Report on Form 10-Q, filed on August 6, 2026, indicates that there were 103,405,133 Shares outstanding as of June 30, 2026.
(b)
Percent of class:
4.1 %
(c)
Number of shares as to which the person has:
(i) Sole power to vote or to direct the vote:
The information required by this Item 4(c)(i) is set forth in Row 5 of the cover page for each Reporting Person hereto and is incorporated herein by reference for each such Reporting Person.
(ii) Shared power to vote or to direct the vote:
The information required by this Item 4(c)(ii) is set forth in Row 6 of the cover page for each Reporting Person hereto and is incorporated herein by reference for each such Reporting Person.
(iii) Sole power to dispose or to direct the disposition of:
The information required by this Item 4(c)(iii) is set forth in Row 7 of the cover page for each Reporting Person hereto and is incorporated herein by reference for each such Reporting Person.
(iv) Shared power to dispose or to direct the disposition of:
The information required by this Item 4(c)(iv) is set forth in Row 8 of the cover page for each Reporting Person hereto and is incorporated herein by reference for each such Reporting Person.
Item 5.
Ownership of 5 Percent or Less of a Class.
Ownership of 5 percent or less of a class
Item 6.
Ownership of more than 5 Percent on Behalf of Another Person.
Not Applicable
Item 7.
Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.
Not Applicable
Item 8.
Identification and Classification of Members of the Group.
Not Applicable
Item 9.
Notice of Dissolution of Group.
Not Applicable
Item 10.
Certifications:
By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under § 240.14a-11.
SIGNATURE
After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.
