SEC 13F Intelligence

Managers / Q1 2021 · view latest →

SUSQUEHANNA FUNDAMENTAL INVESTMENTS, LLC

CIK 0001446179 · 401 E. CITY AVENUE, SUITE 220, BALA CYNWYD, PA, 19004 · 610-617-2600

Reported Value
$5.8B
Q1 2021
Positions
1,516
Filings on Record
30
2019–present window
Filed
May 17, 2021
original filing

Summary

Susquehanna Fundamental Investments, LLC reported $5.8B in U.S.-listed holdings across 1,516 positions for Q1 2021.

Its largest position, TMUS, represents 2.5% of the portfolio.

Compared with Q4 2020, the fund opened 237 new positions and exited 192.

Portfolio Metrics

Turnover
+20.6%
vs prior filed quarter
Top-10 Concentration
+9.2%
share of reported value
Largest Position
+2.5%
T Mobile US
New / Exited
237 / 192
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. 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: $571MQ4 ’18Q1 ’19: $876MQ2 ’19: $1.7BQ3 ’19: $1.7BQ4 ’19: $764MQ4 ’19Q1 ’20: $502MQ2 ’20: $2.1BQ3 ’20: $3.4BQ4 ’20: $5.5BQ4 ’20Q1 ’21: $5.8BQ2 ’21: $5.5BQ3 ’21: $5.4BQ4 ’21: $3.8BQ4 ’21Q1 ’22: $5.1BQ3 ’22: $5.9BQ4 ’22: $5.8BQ1 ’23: $4.3BQ1 ’23Q2 ’23: $2.7BQ3 ’23: $1.5BQ4 ’23: $99MQ1 ’24: $2.1BQ1 ’24Q2 ’24: $4.3BQ4 ’24: $7.0BQ1 ’25: $7.2BQ2 ’25: $3.7BQ2 ’25Q3 ’25: $2.6BQ4 ’25: $2.9BQ1 ’26: $2.7Bfilingsflow.com

Portfolio Composition

By security type
Common Stock: 81.7%Other: 8.0%ADR: 4.9%REIT: 4.6%MLP: 0.4%Other: 0.5%
  • Common Stock · 81.7% · $4.8B
  • Other · 8.0% · $468M
  • ADR · 4.9% · $285M
  • REIT · 4.6% · $266M
  • MLP · 0.4% · $21M
  • Other · 0.5% · $27M

Quarter-over-Quarter Changes full breakdown →

vs Q4 2020 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
CMECME GROUP INCNEW+143.3K143.3K+$29M$29M
LUMNLUMEN TECHNOLOGIES INCNEW+1.36M1.36M+$18M$18M
FEFIRSTENERGY CORPNEW+471.2K471.2K+$16M$16M
PXDEURPIONEER NAT RES CONEW+92.7K92.7K+$15M$15M
KMIKINDER MORGAN INC DELNEW+766.7K766.7K+$13M$13M
TXNTEXAS INSTRS INCNEW+55.5K55.5K+$10M$10M
UALUNITED AIRLS HLDGS INCNEW+180.6K180.6K+$10M$10M
AWCAMERICAN WTR WKS CO INC NEWNEW+68.0K68.0K+$10M$10M

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

Holdings — Q1 2021

50 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1TMUST-MOBILE US INChistory →COM2.50%$146M1.16M
2KOCOCA COLA COhistory →COM1.79%$105M1.99M
3DELLDELL TECHNOLOGIES INChistory →CL C1.12%$65M743.0K
4MCKMCKESSON CORPhistory →COM0.58%$34M172.7K
54I1PHILIP MORRIS INTL INChistory →COM0.56%$33M370.4K
6DDOMINION ENERGY INChistory →COM0.55%$32M422.0K
7BIDUNBAIDU INChistory →SPON ADR REP A0.54%$32M146.0K
8DUTMOODYS CORPhistory →COM0.54%$32M105.6K
9MOALTRIA GROUP INChistory →COM0.53%$31M605.8K
10ADPAUTOMATIC DATA PROCESSING INhistory →COM0.52%$30M160.0K
11SBACSBA COMMUNICATIONS CORP NEWhistory →CL A0.51%$30M107.1K
12GPNGLOBAL PMTS INChistory →COM0.51%$30M146.9K
13CNCCENTENE CORP DELhistory →COM0.51%$30M463.2K
14CARRCARRIER GLOBAL CORPORATIONhistory →COM0.51%$30M700.0K
15UNHUNITEDHEALTH GROUP INChistory →COM0.50%$29M78.9K
16CMECME GROUP INChistory →COM0.50%$29M143.3K
17KELKELLOGG COhistory →COM0.50%$29M461.3K
18NIONIO INChistory →SPON ADS0.49%$28M729.8K
19NOCNORTHROP GRUMMAN CORPhistory →COM0.48%$28M86.0K
20GDGENERAL DYNAMICS CORPhistory →COM0.48%$28M153.2K
21GISGENERAL MLS INChistory →COM0.47%$27M445.8K
22BDXBECTON DICKINSON & COhistory →COM0.45%$26M108.9K
23METMETLIFE INChistory →COM0.45%$26M432.8K
24HONGBPHONEYWELL INTL INChistory →COM0.45%$26M119.9K
25IQVIQVIA HLDGS INChistory →COM0.43%$25M131.2K
26AXPAMERICAN EXPRESS COhistory →COM0.43%$25M177.3K
27SLBSCHLUMBERGER LTDhistory →COM0.43%$25M920.9K
28EBAEBAY INC.history →COM0.42%$25M403.4K
29EMREMERSON ELEC COhistory →COM0.42%$25M273.0K
30FQIDIGITAL RLTY TR INChistory →COM0.42%$24M173.9K
31JOHNSON CTLS INTL PLCSHS0.41%$24M399.7K
32PFEPFIZER INChistory →COM0.40%$24M651.4K
33WECWEC ENERGY GROUP INChistory →COM0.40%$24M251.5K
34MUMICRON TECHNOLOGY INChistory →COM0.39%$23M257.6K
35BKRBAKER HUGHES COMPANYhistory →CL A0.38%$22M1.04M
36DALDELTA AIR LINES INC DELhistory →COM NEW0.38%$22M459.2K
37MARMARRIOTT INTL INC NEWhistory →CL A0.38%$22M148.4K
38ALSALLSTATE CORPhistory →COM0.37%$22M187.4K
39ORCLORACLE CORPhistory →COM0.37%$21M305.2K
40NUENUCOR CORPhistory →COM0.36%$21M265.5K
41TMOTHERMO FISHER SCIENTIFIC INChistory →COM0.36%$21M46.6K
42NTESNETEASE INChistory →SPONSORED ADS0.36%$21M202.3K
43LYONDELLBASELL INDUSTRIES NSHS - A -0.36%$21M199.7K
44ORLYOREILLY AUTOMOTIVE INChistory →COM0.35%$20M40.2K
45CBRECBRE GROUP INChistory →CL A0.35%$20M254.8K
46PAYXPAYCHEX INChistory →COM0.34%$20M205.1K
47VVISA INChistory →COM CL A0.34%$20M94.7K
48ASML HOLDING N VN Y REGISTRY SHS0.34%$20M32.0K
49AMEDAMEDISYS INChistory →COM0.34%$20M74.0K
50AVGOBROADCOM INChistory →COM0.33%$20M42.1K

Filing History

QuarterReported ValuePositionsFiledTypeLinks
Q1 2026$2.7B468May 15, 202613F-HRchanges · EDGAR ↗
Q4 2025$2.9B549Feb 17, 202613F-HRchanges · EDGAR ↗
Q3 2025$2.6B550Nov 14, 202513F-HRchanges · EDGAR ↗
Q2 2025$3.7B708Aug 14, 202513F-HRchanges · EDGAR ↗
Q1 2025$7.2B1,055May 14, 202513F-HRchanges · EDGAR ↗
Q4 2024$7.0B1,064Feb 14, 202513F-HRchanges · EDGAR ↗
Q2 2024$4.3B919Aug 15, 202413F-HRchanges · EDGAR ↗
Q1 2024$2.1B665May 7, 202413F-HRchanges · EDGAR ↗
Q4 2023$99M65Feb 14, 202413F-HRchanges · EDGAR ↗
Q3 2023$1.5B357Nov 14, 202313F-HRchanges · EDGAR ↗
Q2 2023$2.7B634Aug 11, 202313F-HRchanges · EDGAR ↗
Q1 2023$4.3B939May 16, 202313F-HRchanges · EDGAR ↗
Q4 2022$5.8B1,166Feb 14, 202313F-HRchanges · EDGAR ↗
Q3 2022$5.9B1,426Nov 14, 202213F-HRchanges · EDGAR ↗
Q1 2022$5.1B1,517May 16, 202213F-HRchanges · EDGAR ↗
Q4 2021$3.8B1,398Feb 14, 202213F-HRchanges · EDGAR ↗
Q3 2021$5.4B1,677Nov 15, 202113F-HRchanges · EDGAR ↗
Q2 2021$5.5B1,640Aug 11, 202113F-HRchanges · EDGAR ↗
Q1 2021$5.8B1,516May 17, 202113F-HRchanges · EDGAR ↗
Q4 2020$5.5B1,471Feb 16, 202113F-HRchanges · EDGAR ↗
Q3 2020$3.4B1,348Nov 16, 202013F-HRchanges · EDGAR ↗
Q2 2020$2.1B959Aug 14, 202013F-HRchanges · EDGAR ↗
Q1 2020$502M299May 15, 202013F-HRchanges · EDGAR ↗
Q4 2019$764M310Feb 14, 202013F-HRchanges · EDGAR ↗
Q3 2019REVEALED$1.7B661Nov 14, 201913F-HRchanges · EDGAR ↗
Q2 2019REVEALED$1.7B682Aug 14, 201913F-HRchanges · EDGAR ↗
Q1 2019$876M369May 15, 201913F-HRchanges · EDGAR ↗
Q4 2018$571M308Feb 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 ↗.