SEC 13F Intelligence

Managers / Q1 2021 · view latest →

Cunning Capital Partners, LP

CIK 0001571075 · 1204 VILLAGE MARKET PLACE #272, MORRISVILLE, NC, 27560 · (919) 607-2640

Reported Value
$161M
Q1 2021
Positions
42
Filings on Record
27
2020–present window
Filed
May 14, 2021
original filing

Summary

Cunning Capital Partners, LP reported $161M in U.S.-listed holdings across 42 positions for Q1 2021.

Its largest position, TMUS, represents 6.6% of the portfolio.

Compared with Q4 2020, the fund opened 27 new positions and exited 21.

Portfolio Metrics

Turnover
+60.8%
vs prior filed quarter
Top-10 Concentration
+39.8%
share of reported value
Largest Position
+6.6%
T Mobile US
New / Exited
27 / 21
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, 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

13F Reported Value
Q1 ’20: $124MQ1 ’20Q2 ’20: $142MQ3 ’20: $158MQ4 ’20: $187MQ4 ’20Q1 ’21: $161MQ2 ’21: $192MQ3 ’21: $190MQ3 ’21Q4 ’21: $184MQ1 ’22: $145MQ2 ’22: $130MQ2 ’22Q3 ’22: $126MQ4 ’22: $141MQ1 ’23: $147MQ1 ’23Q4 ’23: $160MQ1 ’24: $181MQ2 ’24: $179MQ2 ’24Q3 ’24: $191MQ4 ’24: $167MQ1 ’25: $157MQ1 ’25Q2 ’25: $192MQ3 ’25: $216MQ4 ’25: $216MQ4 ’25Q1 ’26: $197Mfilingsflow.com

Portfolio Composition

By security type
Common Stock: 87.5%Other: 8.3%ETP: 3.2%ADR: 1.0%
  • Common Stock · 87.5% · $140M
  • Other · 8.3% · $13M
  • ETP · 3.2% · $5M
  • ADR · 1.0% · $2M

Quarter-over-Quarter Changes full breakdown →

vs Q4 2020 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
TMUST-MOBILE US INCNEW+84.0K84.0K+$11M$11M
ELVANTHEM INCNEW+15.6K15.6K+$6M$6M
BACBANK OF AMERICA CORPNEW+137.0K137.0K+$5M$5M
NDAQNASDAQ INCNEW+35.8K35.8K+$5M$5M
INVESCO LTDNEW+205.3K205.3K+$5M$5M
GOOGALPHABET INCNEW+2.5K2.5K+$5M$5M
EPAMEPAM SYSTEMS INCNEW+12.9K12.9K+$5M$5M
XLBMATERIALS SELECT SECTOR SPDRNEW+64.5K64.5K+$5M$5M

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

Holdings — Q1 2021

42 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1TMUST-MOBILE US INChistory →COM6.56%$11M84.0K
2XYZSQUARE INChistory →CL A4.74%$8M33.5K
3METAFACEBOOK INChistory →CL A4.01%$6M21.9K
4AMZNAMAZON COM INChistory →COM3.84%$6M2.0K
5EWEDWARDS LIFESCIENCES CORPhistory →COM3.52%$6M67.5K
6ELVANTHEM INChistory →COM3.49%$6M15.6K
7UNHUNITED HEALTH GROUP INChistory →COM3.48%$6M15.0K
8MSFTMICROSOFT CORPhistory →COM3.42%$5M23.3K
9PGRPROGRESSIVE CORP OHIOhistory →COM3.40%$5M57.1K
10BACBANK OF AMERICA CORPhistory →COM3.30%$5M137.0K
11NDAQNASDAQ INChistory →COM3.29%$5M35.8K
12NVDANVIDIA Chistory →COM3.27%$5M9.8K
13INVESCO LTDCOM3.23%$5M205.3K
14GOOGALPHABET INChistory →CAP STK CL C3.22%$5M2.5K
15EPAMEPAM SYSTEMS INChistory →COM3.18%$5M12.9K
16XLBMATERIALS SELECT SECTOR SPDRhistory →SBI MATERIALS3.17%$5M64.5K
17COOPER COS INCCOM3.15%$5M13.2K
18ZBRAZEBRA TECHNOLOGIES CORP-CL Ahistory →CL A3.11%$5M10.3K
19LOWLOWE'S COS INChistory →COM3.11%$5M26.2K
20MSCIMSCI INChistory →COM3.11%$5M11.9K
21SHWSHERWIN-WILLIAMS COhistory →COM3.11%$5M6.8K
22AAPLAPPLE INChistory →COM3.09%$5M40.6K
23CVXCHEVRON CORPhistory →COM3.05%$5M46.7K
24TESLA INCCOM1.61%$3M3.9K
25PYPLPAYPAL HLDGS INChistory →COM1.55%$2M10.3K
26DRAFTKINGS INCCOM CL A1.54%$2M40.4K
27SESEA LTD - ADRhistory →SPONSORD ADS1.01%$2M7.3K
28UPSUNITED PARCEL SERVICECL B1.00%$2M9.4K
29BABOEING COCOM1.00%$2M6.3K
30UNPUNION PACIFIC CORPCOM0.99%$2M7.2K
31SHOPSHOPIFY INCCL A0.99%$2M1.4K
32MELIMERCADOLIBRE INCCOM0.99%$2M1.1K
33CARRCARRIER GLOBAL CORPCOM0.98%$2M37.4K
34DEDEERE & COCOM0.98%$2M4.2K
35LMTLOCKHEED MARTIN CORPCOM0.98%$2M4.3K
36HONHONEYWELL INTERNATIONAL INCCOM0.97%$2M7.2K
37NOCNORTHROP GRUMMAN CORPCOM0.97%$2M4.8K
38TDOCTELADOC HEALTH INCCOM0.94%$2M8.3K
39JACOBS ENGINEERING GROUP INCCOM0.94%$2M11.7K
40ALGNALIGN TECHNOLOGY INCCOM0.93%$1M2.8K
41ISRGINTUITIVE SURGICAL INCCOM NEW0.48%$768,0001.0K
42VIRGIN GALACTIC HOLDINGS INCCOM0.32%$511,00016.7K

Filing History

QuarterReported ValuePositionsFiledTypeLinks
Q1 2026$197M56May 13, 202613F-HRchanges · EDGAR ↗
Q4 2025$216M56Feb 11, 202613F-HRchanges · EDGAR ↗
Q3 2025$216M55Nov 13, 202513F-HRchanges · EDGAR ↗
Q2 2025$192M55Aug 18, 202513F-HRchanges · EDGAR ↗
Q1 2025$157M54May 14, 202513F-HRchanges · EDGAR ↗
Q4 2024$167M54Feb 13, 202513F-HRchanges · EDGAR ↗
Q3 2024$191M77Nov 12, 202413F-HRchanges · EDGAR ↗
Q2 2024$179M80Aug 13, 202413F-HRchanges · EDGAR ↗
Q1 2024$181M82May 13, 202413F-HRchanges · EDGAR ↗
Q4 2023$160M83Feb 13, 2024RESTATEMENTchanges · EDGAR ↗
Q3 2023Under review88Nov 14, 202313F-HRchanges · EDGAR ↗
Q2 2023Under review87Aug 14, 202313F-HRchanges · EDGAR ↗
Q1 2023$147M75May 15, 202313F-HRchanges · EDGAR ↗
Q4 2022$141M75Feb 10, 202313F-HRchanges · EDGAR ↗
Q3 2022$126M68Nov 14, 202213F-HRchanges · EDGAR ↗
Q2 2022$130M68Aug 12, 202213F-HRchanges · EDGAR ↗
Q1 2022$145M33May 9, 202213F-HRchanges · EDGAR ↗
Q4 2021$184M30Feb 15, 202213F-HRchanges · EDGAR ↗
Q3 2021$190M40Nov 15, 202113F-HRchanges · EDGAR ↗
Q2 2021$192M41Aug 16, 202113F-HRchanges · EDGAR ↗
Q1 2021$161M42May 14, 202113F-HRchanges · EDGAR ↗
Q4 2020$187M36Feb 16, 202113F-HRchanges · EDGAR ↗
Q3 2020$158M26Nov 16, 202013F-HRchanges · EDGAR ↗
Q2 2020$142M29Aug 11, 202013F-HRchanges · EDGAR ↗
Q1 2020$124M1May 27, 202013F-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 ↗.