Cunning Capital Partners, LP

In its 13F for Q4 2024 (holdings as of December 31, 2024, filed February 13, 2025), Cunning Capital Partners, LP reported 54 stock positions worth $166.8 million. Its top holding was Nvidia (NVDA) at 8.1% of the portfolio, followed by AppLovin Class A (APP, 6.5%) and Morgan Stanley (MS, 4.4%). Compared with Q3 2024, it sold out of 23, added to 3 and reduced 2. The biggest buy was Vanguard S/T Corp. Bond ETF (VCSH, shares +120%) and the biggest sale an exit from Seagate Technology (STX).

Most Recent 13F
Q2 2026
Location
MORRISVILLE, NC
CIK
0001571075
Portfolio Value
$166.8M (Q4 2024)
SEC Filing
0001571075-25-000001 ↗ filed Feb 13, 2025

Holdings Value

0$50.0M$100.0M$150.0M$200.0M$250.0M Q1 2024: $180.8M Q1 2024 Q2 2024: $178.6M Q2 2024 Q3 2024: $191.4M Q3 2024 Q4 2024: $166.8M $166.8M Q4 2024 Q1 2025: $156.9M Q1 2025 Q2 2025: $191.9M Q2 2025 Q3 2025: $215.8M Q3 2025 Q4 2025: $216.1M Q4 2025 Q1 2026: $196.5M Q1 2026 Q2 2026: $247.8M Q2 2026

Holdings 54 stocks · $166.8M
NVDA Nvidia Corp. 8.05% 100,050 $13.4M No change
APP AppLovin Corp. Class A 6.54% 33,690 $10.9M Reduce -11.0%
MS Morgan Stanley 4.44% 58,878 $7.4M No change
META Meta Platforms Inc. Class A 4.25% 12,105 $7.1M No change
AVGO Broadcom Inc. 3.37% 24,290 $5.6M No change
GOOG Alphabet Inc. Class C 3.19% 27,960 $5.3M No change
IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS 3.03% 22,975 $5.1M No change
KLAC KLA Corp. 3.00% 7,950 $5.0M No change
CELC Celcuity Inc. 2.90% 52,465 $4.8M No change
WSM Williams-Sonoma Inc. 2.66% 24,000 $4.4M No change
SERVICENOW INC 2.18% 3,425 $3.6M No change
NFLX Netflix Inc. 2.15% 4,020 $3.6M No change
AMD Advanced Micro Devices 2.02% 27,910 $3.4M No change
TPR Tapestry Inc. 1.98% 50,550 $3.3M No change
AMZN Amazon.com Inc. 1.91% 14,523 $3.2M No change
HCA HCA Healthcare Inc. 1.89% 10,530 $3.2M No change
URI United Rentals Inc. 1.86% 4,415 $3.1M No change
AXP American Express Co. 1.79% 10,070 $3.0M No change
UNH Unitedhealth Group Inc. 1.75% 5,780 $2.9M No change
PWR Quanta Services Inc. 1.68% 8,890 $2.8M No change
MRVL Marvell Technology Inc. 1.65% 24,850 $2.7M No change
WFC Wells Fargo & Co. 1.63% 38,675 $2.7M No change
ORCL Oracle Corp. 1.56% 15,630 $2.6M No change
CEG Constellation Energy 1.47% 10,950 $2.5M No change
NRG NRG Energy Inc. 1.45% 26,785 $2.4M No change
TMUS T-Mobile US Inc. 1.41% 10,670 $2.4M No change
SPG Simon Property Group Inc. 1.37% 13,265 $2.3M No change
CAH Cardinal Health Inc. 1.36% 19,140 $2.3M No change
UHS Universal Health Services-B 1.36% 12,600 $2.3M No change
PGR Progressive Corp. 1.34% 9,365 $2.2M No change
AN Autonation Inc. 1.31% 12,850 $2.2M No change
AAPL Apple Inc. 1.30% 8,690 $2.2M No change
CARR Carrier Global Corp. 1.30% 31,795 $2.2M No change
FLOT iShares Floating Rate Bond E 1.25% 41,000 $2.1M Add +24.2%
SAP Sap SE-Sponsored ADR 1.25% 8,455 $2.1M No change
MSFT Microsoft Corp. 1.24% 4,890 $2.1M No change
LOW Lowe's Cos Inc. 1.20% 8,140 $2.0M No change
BLDR Builders Firstsource Inc. 1.20% 14,050 $2.0M No change
HRB H&R Block Inc. filed as BLOCK H & R INC 1.19% 37,575 $2.0M No change
HIG Hartford Insurance Group Inc. 1.17% 17,800 $1.9M No change
CPAY Corpay Inc. 1.10% 5,430 $1.8M No change
LLY Eli Lilly & Co. 1.09% 2,355 $1.8M No change
MCK McKesson Corp. 1.08% 3,155 $1.8M No change
CB Chubb Ltd. 1.04% 6,265 $1.7M No change
CRM Salesforce Inc. 1.03% 5,150 $1.7M No change
VEEV Veeva Systems Inc. Class A 0.97% 7,715 $1.6M No change
IT Gartner Inc. 0.94% 3,235 $1.6M No change
CVX Chevron Corp. 0.91% 10,495 $1.5M No change
DKNG Draftkings Inc. Class A 0.86% 38,760 $1.4M No change
JBL Jabil Inc. 0.84% 9,750 $1.4M No change
CI The Cigna Group 0.77% 4,670 $1.3M No change
SHV iShares 0-1 Year Treasury Bo 0.74% 11,250 $1.2M Add +25.7%
VCSH Vanguard S/T Corp. Bond ETF 0.64% 13,200 $1.1M Add +120.0%
VCIT Vanguard Int-Term Corporate 0.33% 7,000 $546K Reduce -34.0%

Portfolio Sells Q3 2024 → Q4 2024
STX Seagate Technology Holdings Sold out 0.00% −1.45
BBY Best Buy Co. Inc. Sold out 0.00% −1.08
JNPR Juniper Networks Inc. Sold out 0.00% −1.02
HII Huntington Ingalls Industrie Sold out 0.00% −1.01
STT State Street Corp. Sold out 0.00% −1.01
LMT Lockheed Martin Corp. Sold out 0.00% −0.99
KIM Kimco Realty Corp. Sold out 0.00% −0.95
DUK Duke Energy Corp. Sold out 0.00% −0.93
NUE Nucor Corp. Sold out 0.00% −0.92
AMGN Amgen Inc. Sold out 0.00% −0.92
IQV Iqvia Holdings Inc. Sold out 0.00% −0.92
TGT Target Corp. Sold out 0.00% −0.91
MRO Marathon Oil Corp. Sold out 0.00% −0.85
SYY Sysco Corp. Sold out 0.00% −0.84
CMCSA Comcast Corp. Class A Sold out 0.00% −0.79
ELV Elevance Health Inc. Sold out 0.00% −0.78
ZS Zscaler Inc. Sold out 0.00% −0.77
CTRA Coterra Energy Inc. Sold out 0.00% −0.77
HOST HOTELS & RESORTS INC Sold out 0.00% −0.75
PNC PNC Financial Services Group Sold out 0.00% −0.41
USB US Bancorp Sold out 0.00% −0.39
TFC Truist Financial Corp. Sold out 0.00% −0.39
SMCI Super Micro Computer Inc. Sold out 0.00% −0.34
VCIT Vanguard Int-Term Corporate Reduce -34.0% 0.33% −0.14
APP AppLovin Corp. Class A Reduce -11.0% 6.54% +3.96

Portfolio Buys Q3 2024 → Q4 2024
VCSH Vanguard S/T Corp. Bond ETF Add +120.0% 0.64% +0.39
FLOT iShares Floating Rate Bond E Add +24.2% 1.25% +0.37
SHV iShares 0-1 Year Treasury Bo Add +25.7% 0.74% +0.23

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 55$247.8MKLAC, NVDA, AMD, CLS, APP
Q1 2026 56$196.5MNVDA, KLAC, CLS, APP, GOOG
Q4 2025 56$216.1MAPP, NVDA, CLS, KLAC, GOOG
Q3 2025 55$215.8MAPP, NVDA, CLS, META, KLAC
Q2 2025 55$191.9MNVDA, APP, META, MS, CLS
Q1 2025 54$156.9MNVDA, APP, META, MS, IBM
Q4 2024 54$166.8MNVDA, APP, MS, META, AVGO
Q3 2024 77$191.4MNVDA, META, KLAC, MS, IBM
Q2 2024 80$178.6MNVDA, KLAC, META, MS, GOOG
Q1 2024 82$180.8MNVDA, META, KLAC, MS, AMD