SEC 13F Intelligence

Managers / Q3 2021 · view latest →

CLOVERFIELDS CAPITAL GROUP, LP

CIK 0001819581 · 21 THIRD STREET NORTH, SUITE 400, MINNEAPOLIS, MN, 55401 · (952) 208-8621

Reported Value
$311M
Q3 2021
Positions
61
Filings on Record
24
2019–present window
Filed
Nov 12, 2021
original filing

Summary

Cloverfields Capital Group, LP reported $311M in U.S.-listed holdings across 61 positions for Q3 2021.

The portfolio is heavily concentrated: UNH alone accounts for 61.9% of reported value.

Compared with Q2 2021, the fund opened 6 new positions and exited 14.

Portfolio Metrics

Turnover
+9.2%
vs prior filed quarter
Top-10 Concentration
+71.8%
share of reported value
Largest Position
+61.9%
Unitedhealth
New / Exited
6 / 14
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
Q4 ’20: $266MQ4 ’20Q1 ’21: $309MQ2 ’21: $345MQ3 ’21: $311MQ3 ’21Q4 ’21: $321MQ1 ’22: $321MQ2 ’22: $328MQ2 ’22Q3 ’22: $295MQ4 ’22: $314MQ1 ’23: $301MQ1 ’23Q2 ’23: $310MQ3 ’23: $222MQ4 ’23: $255MQ4 ’23Q1 ’24: $297MQ2 ’24: $296MQ3 ’24: $309MQ3 ’24Q4 ’24: $311MQ1 ’25: $303MQ2 ’25: $337MQ2 ’25Q3 ’25: $319MQ4 ’25: $323MQ1 ’26: $309MQ1 ’26filingsflow.com

Portfolio Composition

By security type
Common Stock: 93.5%ADR: 4.5%Other: 2.0%
  • Common Stock · 93.5% · $291M
  • ADR · 4.5% · $14M
  • Other · 2.0% · $6M

Quarter-over-Quarter Changes full breakdown →

vs Q2 2021 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
PTONPELOTON INTERACTIVE INCNEW+26.0K26.0K+$2M$2M
BBWIBATH & BODY WORKS INCNEW+34.1K34.1K+$2M$2M
PYPLPAYPAL HLDGS INCNEW+6.9K6.9K+$2M$2M
XYZSQUARE INCNEW+6.7K6.7K+$2M$2M
ADECOAGRO S ANEW+70.1K70.1K+$633,000$633,000
PBRPETROLEO BRASILEIRO SA PETRONEW+35.9K35.9K+$372,000$372,000
LBEURL BRANDS INCSOLD OUT31.1K0$2M$0
HLTHILTON WORLDWIDE HLDGS INCSOLD OUT14.7K0$2M$0

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

Holdings — Q3 2021

61 positions
#IssuerClass% PortfolioValueShares
1UNHUNITEDHEALTH GROUP INChistory →COM61.88%$192M492.2K
2GOOGALPHABET INChistory →CAP STK CL C1.34%$4M1.6K
3MSFTMICROSOFT CORPhistory →COM1.16%$4M12.8K
4ADPAUTOMATIC DATA PROCESSING INhistory →COM1.10%$3M17.1K
5CHTRCHARTER COMMUNICATIONS INC Nhistory →CL A1.10%$3M4.7K
6AZOAUTOZONE INChistory →COM1.07%$3M2.0K
7LKQLKQ CORPhistory →COM1.07%$3M66.1K
8METAFACEBOOK INChistory →CL A1.05%$3M9.6K
9MCOMOODYS CORPhistory →COM1.01%$3M8.8K
10BUDANHEUSER BUSCH INBEV SA/NVhistory →SPONSORED ADR1.01%$3M55.4K
11SPGIS&P GLOBAL INCCOM0.99%$3M7.3K
12CVNACARVANA COCL A0.98%$3M10.1K
13AMZNAMAZON COM INCCOM0.96%$3M912
14KKRKKR & CO INCCOM0.96%$3M49.1K
15NIELSEN HLDGS PLCSHS EUR0.92%$3M148.8K
16ADIANALOG DEVICES INCCOM0.92%$3M17.1K
17JDJD.COM INCSPON ADR CL A0.91%$3M39.1K
18EXPEEXPEDIA GROUP INCCOM NEW0.88%$3M16.7K
19TMUST-MOBILE US INCCOM0.88%$3M21.4K
20DOCUDOCUSIGN INCCOM0.88%$3M10.6K
21ADBEADOBE SYSTEMS INCORPORATEDCOM0.87%$3M4.7K
22ATLASSIAN CORP PLCCL A0.86%$3M6.8K
23GWREGUIDEWIRE SOFTWARE INCCOM0.82%$3M21.5K
24PGPROCTER AND GAMBLE COCOM0.82%$3M18.1K
25BLACK KNIGHT INCCOM0.81%$3M34.9K
26TDGTRANSDIGM GROUP INCCOM0.81%$3M4.0K
27BABAALIBABA GROUP HLDG LTDSPONSORED ADS0.78%$2M16.3K
28COUPA SOFTWARE INCCOM0.76%$2M10.8K
29ALAIR LEASE CORPCL A0.75%$2M59.5K
30CNCCENTENE CORP DELCOM0.75%$2M37.3K
31STXSEAGATE TECHNOLOGY HLDNGS PLORD SHS0.75%$2M28.1K
32DTDYNATRACE INCCOM NEW0.75%$2M32.7K
33VVISA INCCOM CL A0.73%$2M10.2K
34AXTAAXALTA COATING SYS LTDCOM0.73%$2M78.1K
35PTONPELOTON INTERACTIVE INCCL A COM0.73%$2M26.0K
36SBUXSTARBUCKS CORPCOM0.72%$2M20.3K
37BBWIBATH & BODY WORKS INCCOM0.69%$2M34.1K
38GPNGLOBAL PMTS INCCOM0.66%$2M13.0K
39PYPLPAYPAL HLDGS INCCOM0.58%$2M6.9K
40XYZSQUARE INCCL A0.52%$2M6.7K
41NVONOVO-NORDISK A SADR0.32%$1M10.5K
42OTISOTIS WORLDWIDE CORPCOM0.31%$954,00011.6K
43IDXXIDEXX LABS INCCOM0.31%$951,0001.5K
44STTKSHATTUCK LABS INCCOM0.30%$917,00045.0K
45ASMLFASML HOLDING N VN Y REGISTRY SHS0.27%$847,0001.1K
46AZNNASTRAZENECA PLCSPONSORED ADR0.26%$795,00013.2K
47BTIBRITISH AMERN TOB PLCSPONSORED ADR0.22%$676,00019.2K
48PUKPRUDENTIAL PLCADR0.21%$661,00016.9K
49ADECOAGRO S ACOM0.20%$633,00070.1K
50TSMTAIWAN SEMICONDUCTOR MFG LTDSPONSORED ADS0.20%$607,0005.4K
51SLBSCHLUMBERGER LTDCOM STK0.19%$599,00020.2K
52MELIMERCADOLIBRE INCCOM0.18%$546,000325
53INFYINFOSYS LTDSPONSORED ADR0.16%$492,00022.1K
54LAM RESEARCH CORPCOM0.15%$474,000833
55GGENPACT LIMITEDSHS0.14%$438,0009.2K
56NTESNETEASE INCSPONSORED ADS0.14%$431,0005.0K
57ACGLARCH CAP GROUP LTDORD0.14%$426,00011.2K
58PBRPETROLEO BRASILEIRO SA PETROSPONSORED ADR0.12%$372,00035.9K
59VALEVALE S ASPONSORED ADS0.11%$332,00023.8K
60BVNCOMPANIA DE MINAS BUENAVENTUSPONSORED ADR0.08%$235,00034.8K
61GREAT PANTHER MNG LTDCOM0.07%$210,000457.2K

Filing History

QuarterReported ValuePositionsFiledTypeLinks
Q1 2026$309M91May 14, 202613F-HRchanges · EDGAR ↗
Q4 2025$323M90Feb 13, 202613F-HRchanges · EDGAR ↗
Q3 2025$319M96Nov 13, 202513F-HRchanges · EDGAR ↗
Q2 2025$337M98Aug 13, 202513F-HRchanges · EDGAR ↗
Q1 2025$303M94May 14, 202513F-HRchanges · EDGAR ↗
Q4 2024$311M94Feb 13, 202513F-HRchanges · EDGAR ↗
Q3 2024$309M92Nov 14, 202413F-HRchanges · EDGAR ↗
Q2 2024$296M94Aug 13, 202413F-HRchanges · EDGAR ↗
Q1 2024$297M97May 14, 202413F-HRchanges · EDGAR ↗
Q4 2023$255M100Feb 12, 202413F-HRchanges · EDGAR ↗
Q3 2023$222M76Nov 14, 202313F-HRchanges · EDGAR ↗
Q2 2023$310M77Aug 14, 202313F-HRchanges · EDGAR ↗
Q1 2023$301M76May 12, 202313F-HRchanges · EDGAR ↗
Q4 2022$314M75Feb 14, 202313F-HRchanges · EDGAR ↗
Q3 2022$295M72Nov 14, 202213F-HRchanges · EDGAR ↗
Q2 2022$328M70Aug 12, 202213F-HRchanges · EDGAR ↗
Q1 2022$321M64May 19, 2022RESTATEMENTchanges · EDGAR ↗
Q4 2021$321M64Feb 14, 202213F-HRchanges · EDGAR ↗
Q3 2021$311M61Nov 12, 202113F-HRchanges · EDGAR ↗
Q2 2021$345M69Aug 12, 202113F-HRchanges · EDGAR ↗
Q1 2021$309M59May 13, 202113F-HRchanges · EDGAR ↗
Q4 2020$266M56Feb 16, 202113F-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 ↗.