Clearfield Capital Management LP
In its 13F for Q2 2025 (holdings as of June 30, 2025, filed August 14, 2025), Clearfield Capital Management LP reported 12 stock positions worth $129.8 million. Its top holding was US Foods (USFD) at 18.3% of the portfolio, followed by Vertiv Class A (VRT, 13.1%) and Everus Construction (ECG, 10.3%). Compared with Q1 2025, it opened 9 new positions, sold out of 3, added to 1 and reduced 1. The biggest buy was a new position in Vertiv Class A (VRT) and the biggest sale Applied Digital (APLD, shares −86%).
- Most Recent 13F
- Q2 2026
- Location
- NEW YORK, NY
- CIK
- 0001643569
- Portfolio Value
- $129.8M (Q2 2025)
- SEC Filing
- 0001643569-25-000006 ↗ filed Aug 14, 2025
Holdings Value
Holdings 12 stocks · $129.8M
| USFD US Foods Holding Corp. | 18.30% | 308,495 | $23.8M | No change |
| VRT Vertiv Holdings Co. Class A | 13.07% | 132,100 | $17.0M | New |
| ECG Everus Construction Group | 10.31% | 210,664 | $13.4M | Add +9.8% |
| UAL United Airlines Holdings Inc. | 8.40% | 136,919 | $10.9M | New |
| CEG Constellation Energy | 8.20% | 33,000 | $10.7M | New |
| VST Vistra Corp. | 8.08% | 54,100 | $10.5M | New |
| GTM Zoominfo Technologies Inc. | 7.62% | 977,932 | $9.9M | New |
| TLN Talen Energy Corp. | 7.59% | 33,900 | $9.9M | New |
| DAL Delta Air Lines Inc. | 7.47% | 197,128 | $9.7M | New |
| APLD Applied Digital Corp. | 4.41% | 569,179 | $5.7M | Reduce -86.4% |
| ALK Alaska Air Group Inc. | 4.15% | 108,945 | $5.4M | New |
| VSTS Vestis Corp. | 2.40% | 544,399 | $3.1M | New |
Portfolio Sells Q1 2025 → Q2 2025
Portfolio Buys Q1 2025 → Q2 2025
| VRT Vertiv Holdings Co. Class A | New | 13.07% | +13.07 |
| UAL United Airlines Holdings Inc. | New | 8.40% | +8.40 |
| CEG Constellation Energy | New | 8.20% | +8.20 |
| VST Vistra Corp. | New | 8.08% | +8.08 |
| GTM Zoominfo Technologies Inc. | New | 7.62% | +7.62 |
| TLN Talen Energy Corp. | New | 7.59% | +7.59 |
| DAL Delta Air Lines Inc. | New | 7.47% | +7.47 |
| ALK Alaska Air Group Inc. | New | 4.15% | +4.15 |
| VSTS Vestis Corp. | New | 2.40% | +2.40 |
| ECG Everus Construction Group | Add +9.8% | 10.31% | +0.97 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 5 | $142.6M | BTDR, WULF, KEEL, APLD, CLSK |
| Q1 2026 | 16 | $182.3M | ECG, USFD, VRT, UAL, DAL |
| Q4 2025 | 18 | $185.1M | UAL, WYFI, USFD, ECG, TLN |
| Q3 2025 | 11 | $167.1M | UAL, TLN, ECG, USFD, DAL |
| Q2 2025 | 12 | $129.8M | USFD, VRT, ECG, UAL, CEG |
| Q1 2025 | 6 | $76.2M | APLD, USFD, IFF, PFGC, ECG |
| Q4 2024 | 18 | $178.0M | APLD, IFF, USFD, UAL, MAR |
| Q3 2024 | 5 | $161.0M | APLD, IFF, USFD, LESLIES INC, CMTL |
| Q2 2024 | 8 | $111.2M | APLD, IFF, USFD, LESLIES INC, ASH |
| Q1 2024 | 10 | $117.9M | IFF, USFD, WSC, RBA, ASH |