SEC 13F Intelligence

Managers / Q3 2025 · view latest →

CLOVERFIELDS CAPITAL GROUP, LP

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

Reported Value
$319M
Q3 2025
Positions
96
Filings on Record
24
2019–present window
Filed
Nov 13, 2025
original filing

Summary

Cloverfields Capital Group, LP reported $319M in U.S.-listed holdings across 96 positions for Q3 2025.

Its largest position, TSM, represents 2.9% of the portfolio.

Compared with Q2 2025, the fund opened 1 new position and exited 3.

Portfolio Metrics

Turnover
+6.3%
vs prior filed quarter
Top-10 Concentration
+24.4%
share of reported value
Largest Position
+2.9%
Taiwan Semiconductor Mfg
New / Exited
1 / 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
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: 73.7%ADR: 12.3%Other: 10.9%ETP: 2.5%NY Reg Shrs: 0.6%
  • Common Stock · 73.7% · $236M
  • ADR · 12.3% · $39M
  • Other · 10.9% · $35M
  • ETP · 2.5% · $8M
  • NY Reg Shrs · 0.6% · $2M

Quarter-over-Quarter Changes full breakdown →

vs Q2 2025 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
HLTHILTON WORLDWIDE HLDGS INCNEW+15.8K15.8K+$4M$4M
AAPLAPPLE INCSOLD OUT−19.3K0−$4M$0
AZNNASTRAZENECA PLCSOLD OUT−37.7K0−$3M$0
P5YBRF SASOLD OUT−508.9K0−$2M$0
HDBHDFC BANK LTDADDED+23.2K51.0K−$388,943$2M
ADECOAGRO S ATRIMMED−130.8K54.0K−$1M$423,597
ENBENBRIDGE INCADDED+24.3K62.2K+$1M$3M
EQTEQT CORPTRIMMED−10.0K14.2K−$638,380$773,276

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

Holdings — Q3 2025

96 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1TSMTAIWAN SEMICONDUCTOR MFG LTDhistory →SPONSORED ADS2.87%$9M32.9K
2GOOGALPHABET INChistory →CAP STK CL C2.56%$8M33.5K
3METAMETA PLATFORMS INChistory →CL A2.52%$8M11.0K
4MSFTMICROSOFT CORPhistory →COM2.50%$8M15.4K
5GE AEROSPACECOM NEW2.41%$8M25.6K
6OTISOTIS WORLDWIDE CORPhistory →COM2.37%$8M82.8K
7NVDANVIDIA CORPORATIONhistory →COM2.37%$8M40.6K
8SCHWSCHWAB CHARLES CORPhistory →COM2.30%$7M77.1K
9CPCANADIAN PACIFIC KANSAS CITYhistory →COM2.27%$7M97.3K
10AMZNAMAZON COM INChistory →COM2.20%$7M32.0K
11GQ9SPDR GOLD TRhistory →GOLD SHS2.17%$7M19.5K
124I1PHILIP MORRIS INTL INChistory →COM2.14%$7M42.1K
13ADPAUTOMATIC DATA PROCESSING INhistory →COM2.14%$7M23.3K
14NFLXNETFLIX INChistory →COM2.06%$7M5.5K
15BRK/BBERKSHIRE HATHAWAY INC DELhistory →CL B NEW1.94%$6M12.3K
16APPAPPLOVIN CORPhistory →COM CL A1.88%$6M8.4K
17ARCH CAP GROUP LTDORD1.79%$6M63.0K
18MAMASTERCARD INCORPORATEDhistory →CL A1.77%$6M10.0K
19UBERUBER TECHNOLOGIES INChistory →COM1.75%$6M57.2K
20FISVFISERV INChistory →COM1.75%$6M43.3K
21PGRPROGRESSIVE CORPhistory →COM1.68%$5M21.8K
22DUTMOODYS CORPhistory →COM1.57%$5M10.6K
23CPAYCORPAY INChistory →COM SHS1.57%$5M17.4K
24CNRCORE NATURAL RESOURCES INChistory →COM SHS1.55%$5M59.4K
25BACBANK AMERICA CORPhistory →COM1.53%$5M94.9K
26VVISA INChistory →COM CL A1.51%$5M14.1K
27TECK/BTECK RESOURCES LTDhistory →CL B1.49%$5M108.4K
28CRH PLCORD1.41%$5M37.6K
29TMOTHERMO FISHER SCIENTIFIC INChistory →COM1.39%$4M9.2K
30SPGIS&P GLOBAL INChistory →COM1.39%$4M9.1K
31CVSCVS HEALTH CORPhistory →COM1.34%$4M56.9K
32APOAPOLLO GLOBAL MGMT INChistory →COM1.33%$4M31.9K
33NKENIKE INChistory →CL B1.29%$4M59.0K
34HLTHILTON WORLDWIDE HLDGS INChistory →COM1.29%$4M15.8K
35FLUTTER ENTMT PLCSHS1.27%$4M15.9K
36SESEA LTDhistory →SPONSORD ADS1.24%$4M22.1K
37T7DTRANSDIGM GROUP INChistory →COM1.21%$4M2.9K
38GOLAR LNG LTDSHS1.16%$4M91.8K
397HPHP INChistory →COM1.12%$4M131.0K
40UBS GROUP AGSHS1.10%$3M85.3K
41EXMOCEXXON MOBIL CORPhistory →COM1.08%$3M30.6K
42BMTABRITISH AMERN TOB PLChistory →SPONSORED ADR1.06%$3M63.7K
43ZTSZOETIS INChistory →CL A1.05%$3M22.9K
44FOURSHIFT4 PMTS INChistory →CL A1.04%$3M42.9K
45BABAALIBABA GROUP HLDG LTDhistory →SPONSORED ADS1.03%$3M18.5K
46ENBENBRIDGE INCCOM0.98%$3M62.2K
47CPNGCOUPANG INCCL A0.96%$3M95.3K
48NU HLDGS LTDORD SHS CL A0.96%$3M191.3K
49LLYELI LILLY & COCOM0.94%$3M3.9K
50TOTALENERGIES SESPONSORED ADS0.93%$3M50.0K
51ASML HOLDING N VN Y REGISTRY SHS0.91%$3M3.0K
52INTUINTUITCOM0.89%$3M4.1K
53PBRPETROLEO BRASILEIRO SA PETROSPONSORED ADR0.88%$3M223.3K
54LRCXLAM RESEARCH CORPCOM NEW0.85%$3M20.4K
55VALE S ASPONSORED ADS0.77%$2M227.1K
56NVSNNOVARTIS AGSPONSORED ADR0.75%$2M18.6K
57KTKT CORPSPONSORED ADR0.69%$2M112.9K
58NVONOVO-NORDISK A SADR0.63%$2M36.4K
59GEVGE VERNOVA INCCOM0.62%$2M3.2K
60PHGKONINKLIJKE PHILIPS N VNY REGIS SHS NEW0.59%$2M69.3K
61TLNTALEN ENERGY CORPCOM0.58%$2M4.4K
62NEMNEWMONT CORPCOM0.56%$2M21.4K
63HDBHDFC BANK LTDSPONSORED ADS0.55%$2M51.0K
64EATON CORP PLCSHS0.49%$2M4.2K
65MLB1MERCADOLIBRE INCCOM0.48%$2M655
66BBARRICK MNG CORPCOM SHS0.46%$1M44.8K
67VRTVERTIV HOLDINGS COCOM CL A0.46%$1M9.7K
68CNH INDL N VSHS0.45%$1M132.9K
69EXEEXPAND ENERGY CORPORATIONCOM0.44%$1M13.2K
70IBNICICI BANK LIMITEDADR0.42%$1M44.7K
71GENPACT LIMITEDSHS0.38%$1M29.0K
72ISHARES TRMSCI USA QLT FCT0.37%$1M6.1K
73WIX COM LTDSHS0.35%$1M6.3K
74YUMCYUM CHINA HLDGS INCCOM0.34%$1M25.5K
75NEENEXTERA ENERGY INCCOM0.33%$1M14.2K
76XP INCCL A0.32%$1M54.4K
77LNGCHENIERE ENERGY INCCOM NEW0.32%$1M4.3K
78RUNSUNRUN INCCOM0.29%$940,23054.4K
79AAALCOA CORPCOM0.29%$920,09128.0K
80CEGCONSTELLATION ENERGY CORPCOM0.28%$892,9742.7K
81VSTVISTRA CORPCOM0.26%$834,5234.3K
82FLRFLUOR CORP NEWCOM0.26%$825,54019.6K
83FCXFREEPORT-MCMORAN INCCL B0.25%$798,61120.4K
84EQTEQT CORPCOM0.24%$773,27614.2K
85CLFCLEVELAND-CLIFFS INC NEWCOM0.23%$731,12259.9K
86RIORIO TINTO PLCSPONSORED ADR0.22%$690,79010.5K
87SQMSOCIEDAD QUIMICA Y MINERA DESPON ADR SER B0.21%$680,80315.8K
88FTVFORTIVE CORPCOM0.21%$668,05113.6K
89ALBALBEMARLE CORPCOM0.17%$531,7406.6K
90CVECENOVUS ENERGY INCCOM0.16%$507,08629.8K
91SENSATA TECHNOLOGIES HLDG PLSHS0.15%$468,23915.3K
92AESAES CORPCOM0.15%$464,05235.3K
93KOSKOSMOS ENERGY LTDCOM0.14%$451,317271.9K
94ADECOAGRO S ACOM0.13%$423,59754.0K
95CIVICIVITAS RESOURCES INCCOM NEW0.12%$381,34611.7K
96RALRALLIANT CORPCOM0.10%$315,2977.2K

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 ↗.