SEC 13F Intelligence

Managers / Q3 2023 · view latest →

CLOVERFIELDS CAPITAL GROUP, LP

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

Reported Value
$222M
Q3 2023
Positions
76
Filings on Record
24
2019–present window
Filed
Nov 14, 2023
original filing

Summary

Cloverfields Capital Group, LP reported $222M in U.S.-listed holdings across 76 positions for Q3 2023.

Its largest position, UNH, represents 10.9% of the portfolio.

Compared with Q2 2023, the fund opened 4 new positions and exited 5.

Portfolio Metrics

Turnover
+7.2%
vs prior filed quarter
Top-10 Concentration
+33.9%
share of reported value
Largest Position
+10.9%
Unitedhealth
New / Exited
4 / 5
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: 84.9%ADR: 11.8%Other: 2.1%ETP: 1.3%
  • Common Stock · 84.9% · $188M
  • ADR · 11.8% · $26M
  • Other · 2.1% · $5M
  • ETP · 1.3% · $3M

Quarter-over-Quarter Changes full breakdown →

vs Q2 2023 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
MUMICRON TECHNOLOGY INCNEW+52.0K52.0K+$4M$4M
LNGCHENIERE ENERGY INCNEW+20.3K20.3K+$3M$3M
AMDADVANCED MICRO DEVICES INCNEW+19.9K19.9K+$2M$2M
KTKT CORPNEW+117.9K117.9K+$2M$2M
AXTAAXALTA COATING SYS LTDSOLD OUT−95.5K0−$3M$0
CVECENOVUS ENERGY INCSOLD OUT−167.2K0−$3M$0
SNOWSNOWFLAKE INCSOLD OUT−13.2K0−$2M$0
EXPEEXPEDIA GROUP INCSOLD OUT−19.9K0−$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 2023

76 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1UNHUNITEDHEALTH GROUP INChistory →COM10.88%$24M47.9K
2GOOGALPHABET INChistory →CAP STK CL C3.21%$7M54.2K
3SLBSCHLUMBERGER LTDhistory →COM STK3.12%$7M118.8K
4CPCANADIAN PACIFIC KANSAS CITYhistory →COM2.68%$6M79.9K
5AMZNAMAZON COM INChistory →COM2.63%$6M45.9K
6MSFTMICROSOFT CORPhistory →COM2.44%$5M17.2K
7METAMETA PLATFORMS INChistory →CL A2.43%$5M18.0K
8ADPAUTOMATIC DATA PROCESSING INhistory →COM2.32%$5M21.4K
9EXMOCEXXON MOBIL CORPhistory →COM2.18%$5M41.2K
10CONSOL ENERGY INC NEWCOM2.04%$5M43.3K
11BRK/BBERKSHIRE HATHAWAY INC DELhistory →CL B NEW2.04%$5M12.9K
12PMPHILIP MORRIS INTL INChistory →COM2.03%$5M48.7K
13FISVFISERV INChistory →COM1.98%$4M38.9K
14UNPUNION PAC CORPhistory →COM1.94%$4M21.2K
15MAMASTERCARD INCORPORATEDhistory →CL A1.82%$4M10.2K
16VVISA INChistory →COM CL A1.64%$4M15.8K
17NFLXNETFLIX INChistory →COM1.63%$4M9.6K
18SCHWSCHWAB CHARLES CORPhistory →COM1.62%$4M65.4K
19MUMICRON TECHNOLOGY INChistory →COM1.59%$4M52.0K
20MCOMOODYS CORPhistory →COM1.59%$4M11.2K
21SPGIS&P GLOBAL INChistory →COM1.58%$4M9.6K
22TECKTECK RESOURCES LTDhistory →CL B1.54%$3M79.2K
23LNGCHENIERE ENERGY INChistory →COM NEW1.52%$3M20.3K
24TDGTRANSDIGM GROUP INChistory →COM1.49%$3M3.9K
25GPNGLOBAL PMTS INChistory →COM1.44%$3M27.6K
26NYTNEW YORK TIMES COhistory →CL A1.40%$3M75.3K
27SBUXSTARBUCKS CORPhistory →COM1.35%$3M33.0K
28NKENIKE INChistory →CL B1.35%$3M31.3K
29MASMASCO CORPhistory →COM1.27%$3M52.6K
30LIBERTY GLOBAL PLCSHS CL C1.25%$3M149.1K
31NVDANVIDIA CORPORATIONhistory →COM1.22%$3M6.2K
32TTENTOTALENERGIES SEhistory →SPONSORED ADS1.19%$3M40.1K
33NVONOVO-NORDISK A Shistory →ADR1.16%$3M28.3K
34GLDSPDR GOLD TRhistory →GOLD SHS1.12%$2M14.5K
35PBRPETROLEO BRASILEIRO SA PETROhistory →SPONSORED ADR1.12%$2M165.7K
36VALVALARIS LIMITEDhistory →CL A1.08%$2M32.0K
37ACGLARCH CAP GROUP LTDhistory →ORD1.08%$2M30.0K
38OTISOTIS WORLDWIDE CORPhistory →COM1.06%$2M29.4K
39LAM RESEARCH CORPCOM1.05%$2M3.7K
40BTIBRITISH AMERN TOB PLChistory →SPONSORED ADR1.02%$2M72.0K
41GXOGXO LOGISTICS INCORPORATEDCOMMON STOCK0.99%$2M37.4K
42INTUINTUITCOM0.96%$2M4.2K
43NOWSERVICENOW INCCOM0.95%$2M3.8K
44AMDADVANCED MICRO DEVICES INCCOM0.92%$2M19.9K
45WMGWARNER MUSIC GROUP CORPCOM CL A0.92%$2M64.8K
46IDXXIDEXX LABS INCCOM0.90%$2M4.6K
47ASMLFASML HOLDING N VN Y REGISTRY SHS0.90%$2M3.4K
48HDBHDFC BANK LTDSPONSORED ADS0.84%$2M31.5K
49WDAYWORKDAY INCCL A0.83%$2M8.6K
50ADECOAGRO S ACOM0.83%$2M157.3K
51AZNNASTRAZENECA PLCSPONSORED ADR0.77%$2M25.4K
52RIORIO TINTO PLCSPONSORED ADR0.77%$2M26.7K
53BBWIBATH & BODY WORKS INCCOM0.76%$2M50.2K
54ELLAUDER ESTEE COS INCCL A0.74%$2M11.4K
55DDOGDATADOG INCCL A COM0.73%$2M17.7K
56GLNGGOLAR LNG LTDSHS0.71%$2M64.5K
57KTKT CORPSPONSORED ADR0.68%$2M117.9K
58TSMTAIWAN SEMICONDUCTOR MFG LTDSPONSORED ADS0.68%$2M17.4K
59BABAALIBABA GROUP HLDG LTDSPONSORED ADS0.62%$1M15.9K
60WPMWHEATON PRECIOUS METALS CORPCOM0.61%$1M33.4K
61XPXP INCCL A0.59%$1M56.6K
62VALEVALE S ASPONSORED ADS0.57%$1M94.1K
63NUNU HLDGS LTDORD SHS CL A0.56%$1M172.9K
64ITUBITAU UNIBANCO HLDG S ASPON ADR REP PFD0.53%$1M218.1K
65IBNICICI BANK LIMITEDADR0.52%$1M50.2K
66BRF SASPONSORED ADR0.52%$1M560.4K
67YUMCYUM CHINA HLDGS INCCOM0.50%$1M20.1K
68CPNGCOUPANG INCCL A0.49%$1M64.5K
69GGENPACT LIMITEDSHS0.47%$1M28.5K
70SESEA LTDSPONSORD ADS0.44%$973,31722.1K
71CNHCNH INDL N VSHS0.44%$970,43280.2K
72MELIMERCADOLIBRE INCCOM0.39%$873,569689
73GSKGSK PLCSPONSORED ADR0.35%$768,93521.2K
74ELVELEVANCE HEALTH INCCOM0.23%$508,5711.2K
75QUALISHARES TRMSCI USA QLT FCT0.19%$422,3843.2K
76SOUTHWESTERN ENERGY COCOM0.05%$110,18817.1K

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 ↗.