Clearfield Capital Management L.P. 13F annual report

Clearfield Capital Management L.P. is an investment fund managing more than $111 billion ran by Susan Kassel. There are currently 8 companies in Mrs. Kassel’s portfolio. The largest investments include Applied Digital Corp and International Flavors&fragra, together worth $52.8 billion.

$111 billion Assets Under Management (AUM)

As of 6th August 2024, Clearfield Capital Management L.P.’s top holding is 4,450,094 shares of Applied Digital Corp currently worth over $26.5 billion and making up 23.8% of the portfolio value. In addition, the fund holds 276,900 shares of International Flavors&fragra worth $26.4 billion. The third-largest holding is Us Foods Hldg Corp worth $25.1 billion and the next is Leslies Inc worth $19.7 billion, with 4,697,404 shares owned.

Currently, Clearfield Capital Management L.P.'s portfolio is worth at least $111 billion. The total portfolio value may be much higher due to cash assets that are not publicly disclosed such as fixed income, real estate, or cash equivalents.

Careers at Clearfield Capital Management L.P.

The Clearfield Capital Management L.P. office and employees reside in New York, New York. According to the last 13-F report filed with the SEC, Susan Kassel serves as the Chief Financial Officer at Clearfield Capital Management L.P..

Recent trades

In the most recent 13F filing, Clearfield Capital Management L.P. revealed that it had opened a new position in Applied Digital Corp and bought 4,450,094 shares worth $26.5 billion.

The investment fund also strengthened its position in Us Foods Hldg Corp by buying 113,912 additional shares. This makes their stake in Us Foods Hldg Corp total 473,395 shares worth $25.1 billion.

On the other hand, there are companies that Clearfield Capital Management L.P. is getting rid of from its portfolio. Clearfield Capital Management L.P. closed its position in RB Global Inc on 13th August 2024. It sold the previously owned 184,800 shares for $14.1 billion. Susan Kassel also disclosed a decreased stake in International Flavors&fragra by approximately 0.1%. This leaves the value of the investment at $26.4 billion and 276,900 shares.

One of the smallest hedge funds

The two most similar investment funds to Clearfield Capital Management L.P. are Alpha Partners and Lrt Capital Management. They manage $111 billion and $111 billion respectively.

Susan Kassel investment strategy

Clearfield Capital Management L.P.’s portfolio is diversified across 2 sectors. Currently, their heaviest sector is Materials — making up 6.7% of the total portfolio value. The fund focuses on investments in the United States as 12.5% of the portfolio companies are based in the United States.

The majority of the companies in the fund’s portfolio are large-cap stocks. Stocks with a size of more than $10 billion in market cap make up approximately 0.1% of the total holdings value. On the other hand, small-cap stocks make up only approximately 0.1% of the portfolio. The average market cap of the portfolio companies is close to $6.25 billion.

The complete list of Clearfield Capital Management L.P. trades based on 13F SEC filings

These positions were updated on August 13th based on the fund’s latest 13F filing. Quickly find out what the most recently closed or increased positions are.

Security	Shares Owned	Value	Allocation
Applied Digital Corp	Opened 4,450,094	$26,478,059,000	23.82%
International Flavors&fragra	4.48% 276,900	$26,363,649,000	23.72%
Us Foods Hldg Corp	31.69% 473,395	$25,080,467,000	22.56%
Leslies Inc	300.53% 4,697,404	$19,682,123,000	17.70%
RB Global Inc	Closed 184,800	$14,076,216,000
Ashland Inc	22.36% 78,837	$7,449,308,000	6.70%
DigitalOcean Holdings, Inc.	Closed 178,765	$6,825,248,000
Regal Rexnord Corporation	Closed 30,840	$5,554,284,000
Equifax, Inc.	Closed 15,700	$4,200,064,000
Comtech Telecommunications C	Opened 1,253,017	$3,796,642,000	3.42%
Grocery Outlet Hldg Corp	71.60% 91,853	$2,031,788,000	1.83%
Willscot Mobil Mini Hldng Co	97.80% 7,585	$285,499,000	0.26%
No transactions found
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