SEC 13F Intelligence

Managers / Q1 2025 · view latest →

Cunning Capital Partners, LP

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

Reported Value
$157M
Q1 2025
Positions
54
Filings on Record
27
2020–present window
Filed
May 14, 2025
original filing

Summary

Cunning Capital Partners, LP reported $157M in U.S.-listed holdings across 54 positions for Q1 2025.

Its largest position, NVDA, represents 6.9% of the portfolio.

Compared with Q4 2024, the fund opened 3 new positions and exited 3.

Portfolio Metrics

Turnover
+8.5%
vs prior filed quarter
Top-10 Concentration
+38.9%
share of reported value
Largest Position
+6.9%
Nvidia Corporation
New / Exited
3 / 3
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: 91.6%ETP: 3.8%Other: 1.7%ADR: 1.4%REIT: 1.4%
  • Common Stock · 91.6% · $144M
  • ETP · 3.8% · $6M
  • Other · 1.7% · $3M
  • ADR · 1.4% · $2M
  • REIT · 1.4% · $2M

Quarter-over-Quarter Changes full breakdown →

vs Q4 2024 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
CLSCELESTICA INCNEW+52.2K52.2K+$4M$4M
CRWDCROWDSTRIKE HLDGS INCNEW+4.2K4.2K+$1M$1M
PLTRPALANTIR TECHNOLOGIESNEW+17.0K17.0K+$1M$1M
VCITVANGUARD SCOTTSDALE FDSADDED+9.2K16.2K+$779,000$1M
CELCCELESTICA INCSOLD OUT−52.5K0−$5M$0
DKNGDRAFTKINGS INC NEWSOLD OUT−38.8K0−$1M$0
JBLJABIL INCSOLD OUT−9.8K0−$1M$0
VCSHVANGUARD SCOTTSDALE FDSTRIMMED−6.2K7.0K−$507,000$553,000

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

Holdings — Q1 2025

52 positions (from 54 filing rows — )
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1NVDANVIDIA CORPORATIONhistory →COM6.87%$11M99.5K
2APPAPPLOVIN CORPhistory →COM CL A5.66%$9M33.5K
3METAMETA PLATFORMS INC-CLASS Ahistory →CL A4.42%$7M12.0K
4MSMORGAN STANLEYhistory →COM NEW4.35%$7M58.5K
5IBMINTL BUSINESS MACHINES CORPhistory →COM3.62%$6M22.8K
6KLACKLA CORPhistory →COM NEW3.43%$5M7.9K
7GOOGALPHABET INChistory →CAP STK CL C2.77%$4M27.8K
8CLSCELESTICA INChistory →COM2.62%$4M52.2K
9FLOTISHARES TRFLTG RATE NT ETF · SHORT TREAS BD2.61%$4M64.0K
10AVGOBROADCOM INChistory →COM2.58%$4M24.2K
11WSMWILLIAMS-SONOMA INChistory →COM2.40%$4M23.9K
12NFLXNETFLIX INChistory →COM2.38%$4M4.0K
13HCAHCA HEALTHCARE INChistory →COM2.31%$4M10.5K
14TPRTAPESTRY INChistory →COM2.26%$4M50.3K
15UNHUNITEDHEALTH GROUP INChistory →COM1.92%$3M5.7K
16AMDADVANCE MICRO DEVICEShistory →COM1.82%$3M27.8K
17TMUST-MOBILE US INChistory →COM1.80%$3M10.6K
18WFCWELLS FARGO CO NEWhistory →COM1.76%$3M38.5K
19URIUNITED RENTAL INChistory →COM1.75%$3M4.4K
20AMZNAMAZON COM INChistory →COM1.75%$3M14.4K
21SERVICENOW INCCOM1.73%$3M3.4K
22AXPAMERICAN EXPRESS COhistory →COM1.72%$3M10.0K
23PGRPROGRESSIVE CORP OHIOhistory →COM1.68%$3M9.3K
24CAHCARDINAL HEALTH INChistory →COM1.67%$3M19.0K
25NRGNRG ENERGY INChistory →COM NEW1.62%$3M26.6K
26UHSUNIVERSAL HEALTH SERVICES INChistory →CL B1.50%$2M12.5K
27SAPSAP SEhistory →SPON ADR1.44%$2M8.4K
28PWRQUANTA SERVICES INChistory →COM1.43%$2M8.8K
29CEGCONSTELLATION ENERGY CORPhistory →COM1.40%$2M10.9K
30SPGSIMON PROPERTY GRP INC NEWhistory →COM1.40%$2M13.2K
31HIGHARTFORD FINL SVCS GROUP INChistory →COM1.40%$2M17.7K
32ORCLORACLE CORPhistory →CIN1.39%$2M15.5K
33MCKMCKESSON CORPhistory →COM1.35%$2M3.1K
34ANAUTONATION INChistory →COM1.32%$2M12.8K
35HRBH&R BLOCK INChistory →COM1.31%$2M37.4K
36CARRCARRIER GLOBAL CORPhistory →COM1.28%$2M31.6K
37LLYELI LILLY & COhistory →COM1.23%$2M2.3K
38AAPLAPPLE INChistory →COM1.22%$2M8.6K
39LOWLOWE'S COS INChistory →COM1.20%$2M8.1K
40CPAYCORPAY INChistory →COM SHS1.20%$2M5.4K
41CBCHUBB LIMITEDhistory →COM1.20%$2M6.2K
42VCITVANGUARD SCOTTSDALE FDSINT-TERM CORP · SHRT TRM CORP BD1.20%$2M23.2K
43MSFTMICROSOFT CORPhistory →COM1.16%$2M4.9K
44VEEVVEEVA SYS INChistory →CL A COM1.13%$2M7.7K
45CVXCHEVRON CORPhistory →COM1.11%$2M10.4K
46BLDRBUILDERS FIRSTSOURCE INChistory →COM1.11%$2M14.0K
47CICIGNA CORP NEWCOM0.97%$2M4.6K
48MRVLMARVELL TECHNOLOGY INCCOM0.97%$2M24.7K
49CRWDCROWDSTRIKE HLDGS INCCL A0.94%$1M4.2K
50PLTRPALANTIR TECHNOLOGIESCL A0.91%$1M17.0K
51CRMSALESFORCE INCCOM0.88%$1M5.1K
52ITGARTNER INCCOM0.86%$1M3.2K

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 ↗.