Candelo Capital Management LP — 13F Holdings & Portfolio
CIK 1845660 · latest 13F-HR filed 2026-05-15
Candelo Capital Management LP manages $121.1M in 13F-reported U.S. long-equity assets across 31 reported positions as of its 2026-03-31 13F-HR filing. Its largest disclosed positions are SMH (6.33%), KGS (6.14%), CTRI (5.68%). Quarter over quarter (versus its 2025-12-31 filing) the fund opened 5 new positions, exited 9, added to 7, and trimmed 9.
AUM is the long-equity portion reported on Form 13F-HR. Excludes short positions, cash, foreign holdings, and non-13F assets. For informational purposes only — not investment advice.
$121.1M
Long-equity book
31
Distinct positions
2026-03-31
Filed 2026-05-15
+5 / −9 / ↑7 / ↓9
vs 2025-12-31
| Name | Title / Status | Ownership | Type |
|---|
Top Adds (vs prior quarter)
- ATS CORP$3.6M +528.4%
- CENTURI HOLDINGS INC$3.3M +90.3%
- APPLIED MATLS INC$1.0M +31.0%
- QUANTA SVCS INC$906.2K +30.1%
- MODINE MFG CO$868.1K +20.6%
Top Trims
- ATI INC-$3.2M -43.7%
- CORNING INC-$1.3M -31.7%
- TALEN ENERGY CORP-$988.0K -20.9%
- ELEMENT SOLUTIONS INC-$883.3K -16.9%
- TAIWAN SEMICONDUCTOR MANUFAC-$817.3K -18.4%
New Positions
- KODIAK GAS SVCS INC$7.4M
- LINDE PLC$6.8M
- WILLIAMS COS INC$5.2M
- CHENIERE ENERGY INC$3.0M
- MACOM TECH SOLUTIONS HLDGS I$2.2M
Exited Positions
- UNION PAC CORP$5.7M
- MKS INC.$5.6M
- DANAHER CORPORATION$4.9M
- ASTRONICS CORP$4.5M
- BELDEN INC$4.3M
Rows tagged Call or Put are options positions, not stock. Per SEC Form 13F-HR, Value shows the notional value of the underlying (shares covered × underlying price), not the option premium. Shares is the number of underlying shares covered (divide by 100 for contract count).
| # | Issuer | Symbol | CUSIP | Value | Weight | Shares | Type |
|---|---|---|---|---|---|---|---|
| 1 | VANECK ETF TRUST Put | SMH | 92189F676 | $7.7M | 6.33% | 20,000 | SH |
| 2 | KODIAK GAS SVCS INC | KGS | 50012A108 | $7.4M | 6.14% | 127,571 | SH |
| 3 | CENTURI HOLDINGS INC | CTRI | 155923105 | $6.9M | 5.68% | 235,453 | SH |
| 4 | LINDE PLC | LIN | G54950103 | $6.8M | 5.60% | 13,690 | SH |
| 5 | GRANITE CONSTR INC | GVA | 387328107 | $6.5M | 5.37% | 54,261 | SH |
| 6 | TELEDYNE TECHNOLOGIES INC | TDY | 879360105 | $6.3M | 5.22% | 10,452 | SH |
| 7 | ISHARES TR Put | IWM | 464287655 | $6.2M | 5.12% | 25,000 | SH |
| 8 | WILLIAMS COS INC | WMB | 969457100 | $5.2M | 4.31% | 71,661 | SH |
| 9 | MODINE MFG CO | MOD | 607828100 | $5.1M | 4.19% | 23,419 | SH |
| 10 | ANALOG DEVICES INC | ADI | 032654105 | $5.1M | 4.18% | 15,905 | SH |
| 11 | APPLIED MATLS INC | AMAT | 038222105 | $4.4M | 3.64% | 12,900 | SH |
| 12 | MERCURY SYS INC | MRCY | 589378108 | $4.4M | 3.64% | 60,460 | SH |
| 13 | SOLARIS ENERGY INFRAS INC | SEI | 83418M103 | $4.4M | 3.62% | 77,574 | SH |
| 14 | ELEMENT SOLUTIONS INC | ESI | 28618M106 | $4.3M | 3.58% | 127,112 | SH |
| 15 | ATS CORP | ATS | 00217Y104 | $4.3M | 3.53% | 151,688 | SH |
| 16 | ATI INC | ATI | 01741R102 | $4.1M | 3.38% | 28,146 | SH |
| 17 | QUANTA SVCS INC | PWR | 74762E102 | $3.9M | 3.24% | 7,138 | SH |
| 18 | TALEN ENERGY CORP | TLN | 87422Q109 | $3.7M | 3.08% | 11,700 | SH |
| 19 | TAIWAN SEMICONDUCTOR MANUFAC | TSM | 874039100 | $3.6M | 2.99% | 10,710 | SH |
| 20 | WOODWARD INC | WWD | 980745103 | $3.3M | 2.75% | 9,300 | SH |
| 21 | CHENIERE ENERGY INC | LNG | 16411R208 | $3.0M | 2.44% | 10,400 | SH |
| 22 | CORNING INC | GLW | 219350105 | $2.7M | 2.23% | 19,839 | SH |
| 23 | MACOM TECH SOLUTIONS HLDGS I | MTSI | 55405Y100 | $2.2M | 1.86% | 10,120 | SH |
| 24 | WOODWARD INC Put | WWD | 980745103 | $2.1M | 1.77% | 6,000 | SH |
| 25 | CURTISS WRIGHT CORP | CW | 231561101 | $1.7M | 1.41% | 2,499 | SH |
| 26 | GE AEROSPACE Put | GE | 369604301 | $1.4M | 1.17% | 5,000 | SH |
| 27 | VERTIV HOLDINGS CO Put | VRT | 92537N108 | $1.3M | 1.03% | 5,000 | SH |
| 28 | ATI INC Put | ATI | 01741R102 | $1.0M | 0.84% | 7,000 | SH |
| 29 | HOWMET AEROSPACE INC Put | HWM | 443201108 | $921.8K | 0.76% | 4,000 | SH |
| 30 | DUPONT DE NEMOURS INC Put | DD | 26614N102 | $687.0K | 0.57% | 15,000 | SH |
| 31 | SELECT SECTOR SPDR TR Put | XLI | 81369Y704 | $404.3K | 0.33% | 2,500 | SH |
| Period | Filed | AUM | Holdings | Accession |
|---|---|---|---|---|
| 2026-03-31 | 2026-05-15 | $121.1M | 31 | 0001845660-26-000006 |
| 2025-12-31 | 2026-02-17 | $112.1M | 27 | 0001845660-26-000002 |
| 2025-09-30 | 2025-11-14 | $116.0M | 29 | 0001845660-25-000008 |