SEC 13F Intelligence

Managers / Q4 2022 · view latest →

CLOVERFIELDS CAPITAL GROUP, LP

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

Reported Value
$314M
Q4 2022
Positions
75
Filings on Record
24
2019–present window
Filed
Feb 14, 2023
original filing

Summary

Cloverfields Capital Group, LP reported $314M in U.S.-listed holdings across 75 positions for Q4 2022.

The portfolio is heavily concentrated: UNH alone accounts for 62.6% of reported value.

Compared with Q3 2022, the fund opened 14 new positions and exited 11.

Portfolio Metrics

Turnover
+7.7%
vs prior filed quarter
Top-10 Concentration
+73.8%
share of reported value
Largest Position
+62.6%
Unitedhealth
New / Exited
14 / 11
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: 94.0%ADR: 3.5%Other: 2.0%ETP: 0.4%
  • Common Stock · 94.0% · $295M
  • ADR · 3.5% · $11M
  • Other · 2.0% · $6M
  • ETP · 0.4% · $1M

Quarter-over-Quarter Changes full breakdown →

vs Q3 2022 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
SCHWSCHWAB CHARLES CORPNEW+45.5K45.5K+$4M$4M
FISVFISERV INCNEW+33.3K33.3K+$3M$3M
NFLXNETFLIX INCNEW+9.1K9.1K+$3M$3M
MASIMO CORPNEW+16.1K16.1K+$2M$2M
NYTNEW YORK TIMES CONEW+59.2K59.2K+$2M$2M
BNBROOKFIELD CORPNEW+58.4K58.4K+$2M$2M
SPYSPDR S&P 500 ETF TRNEW+3.3K3.3K+$1M$1M
NOWSERVICENOW INCNEW+2.6K2.6K+$1M$1M

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

Holdings — Q4 2022

75 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1UNHUNITEDHEALTH GROUP INChistory →COM62.59%$196M370.5K
2SLBSCHLUMBERGER LTDhistory →COM STK1.63%$5M95.5K
3BUDANHEUSER BUSCH INBEV SA/NVhistory →SPONSORED ADR1.32%$4M69.0K
4CANADIAN PAC RY LTDCOM1.26%$4M53.1K
5EXMOCEXXON MOBIL CORPhistory →COM1.21%$4M34.5K
6PMPHILIP MORRIS INTL INChistory →COM1.21%$4M37.5K
7SCHWSCHWAB CHARLES CORPhistory →COM1.21%$4M45.5K
8SBUXSTARBUCKS CORPhistory →COM1.18%$4M37.4K
9MSFTMICROSOFT CORPhistory →COM1.11%$3M14.5K
10FISVFISERV INChistory →COM1.07%$3M33.3K
11UNPUNION PAC CORPhistory →COM1.06%$3M16.0K
12GOOGALPHABET INChistory →CAP STK CL C1.04%$3M36.9K
13AMZNAMAZON COM INCCOM0.91%$3M34.0K
14TECKTECK RESOURCES LTDCL B0.88%$3M73.0K
15MAMASTERCARD INCORPORATEDCL A0.87%$3M7.9K
16WMGWARNER MUSIC GROUP CORPCOM CL A0.86%$3M77.1K
17VVISA INCCOM CL A0.86%$3M12.9K
18NFLXNETFLIX INCCOM0.85%$3M9.1K
19SPGIS&P GLOBAL INCCOM0.82%$3M7.7K
20DGDOLLAR GEN CORP NEWCOM0.81%$3M10.4K
21MCOMOODYS CORPCOM0.80%$3M9.0K
22KKRKKR & CO INCCOM0.76%$2M51.5K
23MASIMO CORPCOM0.76%$2M16.1K
24METAMETA PLATFORMS INCCL A0.75%$2M19.5K
25SNOWSNOWFLAKE INCCL A0.71%$2M15.5K
26TDGTRANSDIGM GROUP INCCOM0.69%$2M3.5K
27USBUS BANCORP DELCOM NEW0.67%$2M48.0K
28AXTAAXALTA COATING SYS LTDCOM0.66%$2M81.8K
29CVECENOVUS ENERGY INCCOM0.66%$2M106.3K
30CONSOL ENERGY INC NEWCOM0.66%$2M31.7K
31LIBERTY GLOBAL PLCSHS CL C0.65%$2M104.5K
32MASMASCO CORPCOM0.64%$2M42.9K
33NYTNEW YORK TIMES COCL A0.61%$2M59.2K
34BNBROOKFIELD CORPCL A LTD VT SH0.59%$2M58.4K
35PYPLPAYPAL HLDGS INCCOM0.58%$2M25.4K
36GPNGLOBAL PMTS INCCOM0.40%$1M12.8K
37SPYSPDR S&P 500 ETF TRTR UNIT0.40%$1M3.3K
38WDAYWORKDAY INCCL A0.38%$1M7.1K
39BBWIBATH & BODY WORKS INCCOM0.37%$1M27.4K
40DDOGDATADOG INCCL A COM0.33%$1M14.1K
41NOWSERVICENOW INCCOM0.32%$1M2.6K
42EXPEEXPEDIA GROUP INCCOM NEW0.29%$924,26810.6K
43CRWDCROWDSTRIKE HLDGS INCCL A0.24%$747,4547.1K
44BTIBRITISH AMERN TOB PLCSPONSORED ADR0.23%$729,19518.2K
45NVONOVO-NORDISK A SADR0.22%$702,4155.2K
46ACGLARCH CAP GROUP LTDORD0.22%$700,37411.2K
47OTISOTIS WORLDWIDE CORPCOM0.22%$690,1468.8K
48TTENTOTALENERGIES SESPONSORED ADS0.20%$639,54810.3K
49IDXXIDEXX LABS INCCOM0.19%$582,5671.4K
50ASMLFASML HOLDING N VN Y REGISTRY SHS0.18%$561,6991.0K
51NVSNOVARTIS AGSPONSORED ADR0.18%$561,1946.2K
52AZNNASTRAZENECA PLCSPONSORED ADR0.17%$545,3838.0K
53GXOGXO LOGISTICS INCORPORATEDCOMMON STOCK0.16%$506,30311.9K
54VALEVALE S ASPONSORED ADS0.16%$500,59329.5K
55LAM RESEARCH CORPCOM0.15%$485,4471.2K
56TSMTAIWAN SEMICONDUCTOR MFG LTDSPONSORED ADS0.15%$465,4146.2K
57GGENPACT LIMITEDSHS0.14%$442,2179.5K
58BAMBROOKFIELD ASSET MANAGMT LTDCL A LMT VTG SHS0.14%$428,64515.0K
59ADECOAGRO S ACOM0.13%$409,77549.4K
60BABAALIBABA GROUP HLDG LTDSPONSORED ADS0.13%$408,4734.6K
61JDJD.COM INCSPON ADR CL A0.13%$402,1157.2K
62PBRPETROLEO BRASILEIRO SA PETROSPONSORED ADR0.12%$370,92934.8K
63ELLAUDER ESTEE COS INCCL A0.12%$369,4361.5K
64CNHCNH INDL N VSHS0.12%$367,80622.9K
65BEKEKE HLDGS INCSPONSORED ADS0.11%$336,65924.1K
66INFYINFOSYS LTDSPONSORED ADR0.10%$328,46618.2K
67YUMCYUM CHINA HLDGS INCCOM0.10%$323,0365.9K
68ITUBITAU UNIBANCO HLDG S ASPON ADR REP PFD0.10%$299,88163.7K
69HDBHDFC BANK LTDSPONSORED ADS0.09%$295,1214.3K
70MELIMERCADOLIBRE INCCOM0.09%$286,875339
71CPNGCOUPANG INCCL A0.08%$241,20016.4K
72SIGNIFY HEALTH INCCL A COM0.07%$223,7777.8K
73BRF SASPONSORED ADR0.05%$149,21894.4K
74CENTRAIS ELETRICAS BRASILEIRSPONSORED ADR0.04%$139,60817.6K
75STTKSHATTUCK LABS INCCOM0.03%$103,50045.0K

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 ↗.