SEC 13F Intelligence

Managers / Q3 2022 · view latest →

CLOVERFIELDS CAPITAL GROUP, LP

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

Reported Value
$295M
Q3 2022
Positions
72
Filings on Record
24
2019–present window
Filed
Nov 14, 2022
original filing

Summary

Cloverfields Capital Group, LP reported $295M in U.S.-listed holdings across 72 positions for Q3 2022.

The portfolio is heavily concentrated: UNH alone accounts for 63.3% of reported value.

Compared with Q2 2022, the fund opened 6 new positions and exited 4.

Portfolio Metrics

Turnover
+3.5%
vs prior filed quarter
Top-10 Concentration
+73.7%
share of reported value
Largest Position
+63.3%
Unitedhealth
New / Exited
6 / 4
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 ’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: 91.6%Other: 5.5%ADR: 3.0%
  • Common Stock · 91.6% · $270M
  • Other · 5.5% · $16M
  • ADR · 3.0% · $9M

Quarter-over-Quarter Changes full breakdown →

vs Q2 2022 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
UNPUNION PAC CORPNEW+13.6K13.6K+$3M$3M
BROOKFIELD ASSET MANAGEMENT INCNEW+60.2K60.2K+$2M$2M
CVECENOVUS ENERGY INCNEW+62.7K62.7K+$964,000$964,000
USBUS BANCORP DELNEW+19.4K19.4K+$784,000$784,000
CPNGCOUPANG INCNEW+16.4K16.4K+$273,000$273,000
SGFYGBPSIGNIFY HEALTH INCNEW+7.8K7.8K+$228,000$228,000
GOOGALPHABET INCADDED+33.9K35.6K−$409,000$3M
LFSTLIFESTANCE HEALTH GROUP INCSOLD OUT−4.39M0−$24M$0

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

Holdings — Q3 2022

50 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1UNHUNITEDHEALTH GROUP INChistory →COM63.29%$187M370.1K
2CANADIAN PAC RY LTDCOM1.35%$4M59.6K
3EXMOCEXXON MOBIL CORPhistory →COM1.19%$4M40.1K
4MSFTMICROSOFT CORPhistory →COM1.17%$3M14.9K
5GOOGALPHABET INChistory →CAP STK CL C1.16%$3M35.6K
6DGDOLLAR GEN CORP NEWhistory →COM1.13%$3M14.0K
7BUDANHEUSER BUSCH INBEV SA/NVhistory →SPONSORED ADR1.11%$3M72.6K
8AMZNAMAZON COM INChistory →COM1.11%$3M29.0K
9SLBSCHLUMBERGER LTDhistory →COM STK1.10%$3M90.8K
10WMTWALMART INChistory →COM1.07%$3M24.3K
11SBUXSTARBUCKS CORPhistory →COM1.05%$3M36.7K
12PGPROCTER AND GAMBLE COCOM0.95%$3M22.2K
134I1PHILIP MORRIS INTL INCCOM0.93%$3M33.2K
14SPGIS&P GLOBAL INCCOM0.90%$3M8.7K
15UNPUNION PAC CORPCOM0.90%$3M13.6K
16DUTMOODYS CORPCOM0.88%$3M10.7K
17CEIXEURCONSOL ENERGY INC NEWCOM0.84%$2M38.7K
18MAMASTERCARD INCORPORATEDCL A0.84%$2M8.7K
19BROOKFIELD ASSET MANAGEMENT INCCL A LTD VT SH0.83%$2M60.2K
20VVISA INCCOM CL A0.79%$2M13.2K
21T7DTRANSDIGM GROUP INCCOM0.78%$2M4.4K
22TECK/BTECK RESOURCES LTDCL B0.76%$2M74.0K
23MASMASCO CORPCOM0.75%$2M47.5K
24METAMETA PLATFORMS INCCL A0.75%$2M16.3K
25KKRKKR & CO INCCOM0.72%$2M49.2K
26AXALTA COATING SYS LTDCOM0.70%$2M98.3K
27PYPLPAYPAL HLDGS INCCOM0.70%$2M24.0K
28QRVOQORVO INCCOM0.68%$2M25.4K
29GPNGLOBAL PMTS INCCOM0.67%$2M18.3K
30LIBERTY GLOBAL PLCSHS CL C0.65%$2M116.7K
31WMGWARNER MUSIC GROUP CORPCOM CL A0.65%$2M82.3K
32SNOWSNOWFLAKE INCCL A0.60%$2M10.3K
33SEAGATE TECHNOLOGY HLDNGS PLORD SHS0.57%$2M31.8K
34WDAYWORKDAY INCCL A0.54%$2M10.5K
35EXPEEXPEDIA GROUP INCCOM NEW0.52%$2M16.4K
36TMUST-MOBILE US INCCOM0.49%$1M10.9K
37DDOGDATADOG INCCL A COM0.48%$1M15.8K
38BBWIBATH & BODY WORKS INCCOM0.47%$1M42.9K
39ATLASSIAN CORP PLCCL A0.45%$1M6.3K
40CRWDCROWDSTRIKE HLDGS INCCL A0.35%$1M6.3K
41CVECENOVUS ENERGY INCCOM0.33%$964,00062.7K
42XYZBLOCK INCCL A0.31%$917,00016.7K
43NVONOVO-NORDISK A SADR0.28%$833,0008.4K
44TRQCADTURQUOISE HILL RES LTDCOM0.28%$826,00027.9K
45USBUS BANCORP DELCOM NEW0.27%$784,00019.4K
46OTISOTIS WORLDWIDE CORPCOM0.23%$694,00010.9K
47BMTABRITISH AMERN TOB PLCSPONSORED ADR0.22%$647,00018.2K
48UNILEVER PLCSPON ADR NEW0.21%$619,00014.1K
49IDXXIDEXX LABS INCCOM0.20%$595,0001.8K
50CCOCAMECO CORPCOM0.19%$573,00021.6K

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 ↗.