Candelo Capital Management LP

CIK

1845660

Location

NEW YORK, NY

Portfolio Value

Small $106,842,141

Diversification

Diversified

Filing Date

Global Rank

#5,215 / 8,232 ▲ 243

Top Industry

Aerospace & Defense 13.0%

3Y Alpha vs SPY

+16.4%

Period ended 2 months ago

Filed May 15, 2026 · 29d

10 quarters · since Dec 2023

Clone Performance

Feb 2024–Jun 2026 · vs SPY

Hypothetical growth of cloning every reported 13F position and rebalancing on each filing, indexed to the same start.

Cloned portfolio

+107.3%

SPY

+52.9%

Annualised alpha

+16.8%

Max drawdown

−26.9%

Estimate. 13F holdings are quarter-lagged and long-only, so the clone rebalances about 45 days after each period end — when the filing becomes public — and excludes options and short positions. Past performance does not predict future results.

Portfolio Concentration

26 positions · as of Mar 31, 2026 · Δ vs Dec 31, 2025

Top Position

7.0%

+0.3 pts

Top 5

31.8%

+3.4 pts

Top 10

56.0%

+5.6 pts

HHI

466

Diversified+37

Portfolio Trend

10 quarters · across all stocks

Sector Breakdown

As of Mar 31, 2026

Sector	% Portfolio	Value	Positions
Industrials	32.8%	$34,993,672	10
Technology	22.8%	$24,356,971	6
Energy	18.7%	$19,990,237	4
Basic Materials	11.1%	$11,813,557	3
Utilities	9.9%	$10,612,573	2
Consumer Cyclical	4.8%	$5,075,131	1

Last Quarter's Activity

Export CSV

Mar 31, 2026 vs Dec 31, 2025

Added To

Positions the filer increased

4 positions

Ticker	Company	Δ Shares	Shares	Value
ATS	ATS Corp /ATS	+126,988	151,688	$4,277,601
CTRI	Centuri Holdings, Inc.	+92,320	235,453	$6,877,582
GVA	Granite Construction Inc	+5,173	54,261	$6,504,808
WWD	Woodward, Inc.	+3,150	15,300	$5,476,176
No positions match the current search.

Trimmed

Positions the filer reduced

12 positions

Ticker	Company	Δ Shares	Shares	Value
ESI	Element Solutions Inc	−81,888	127,112	$4,339,603
ATI	Ati Inc	−28,250	35,146	$5,112,337
GLW	Corning Inc /Ny	−25,250	19,839	$2,697,508
SEI	Solaris Energy Infrastructure, Inc.	−25,026	77,574	$4,383,706
MOD	Modine Manufacturing Co	−8,092	23,419	$5,075,131
TSM	Taiwan Semiconductor Manufacturing Co Ltd	−3,890	10,710	$3,619,444
MRCY	Mercury Systems Inc	−3,766	60,460	$4,408,138
TDY	Teledyne Technologies Inc	−2,750	10,452	$6,323,564
TLN	Talen Energy Corp	−900	11,700	$3,734,991
ADI	Analog Devices Inc	−795	15,905	$5,060,016
CW	Curtiss Wright Corp	−580	2,499	$1,702,118
AMAT	Applied Materials Inc /De	−200	12,900	$4,409,091
No positions match the current search.

New Positions

Positions the filer opened this quarter

9 positions

Ticker	Company	Shares	Value
KGS	Kodiak Gas Services, Inc.	127,571	$7,439,940
LIN	Linde PLC	13,690	$6,786,954
WMB	Williams Companies, Inc.	71,661	$5,215,487
LNG	Cheniere Energy, Inc.	10,400	$2,951,104
MTSI	MACOM Technology Solutions Holdings, Inc.	10,120	$2,247,348
GE	General Electric Co	5,000	$1,418,850
VRT	Vertiv Holdings Co	5,000	$1,252,900
HWM	Howmet Aerospace Inc.	4,000	$921,840
DD	DuPont de Nemours, Inc.	15,000	$687,000
No positions match the current search.

Sold Out

Positions the filer fully exited

9 positions

Ticker	Company	Shares	Value
UNP	Union Pacific Corp	24,850	$5,748,302
MKSI	Mks Inc	35,107	$5,610,098
DHR	Danaher Corp /De/	21,200	$4,853,104
ATRO	Astronics Corp	83,642	$4,536,742
BDC	Belden Inc.	36,871	$4,297,315
SHC	Sotera Health Co	230,801	$4,071,329
CHRW	C. H. Robinson Worldwide, Inc.	21,201	$3,408,272
SATS	EchoStar CORP	22,300	$2,424,010
KNX	Knight-Swift Transportation Holdings Inc.	46,194	$2,415,022
No positions match the current search.

Portfolio Positions

Compact Export CSV View 13F filing

26 positions · $106,842,141 total · as of Mar 31, 2026

All sectors Basic Materials Consumer Cyclical Energy Industrials Technology Utilities

Ticker	Company	Type	Shares	Δ Shares	Value (USD)	% Δ Value	% of Portfolio
KGS	Kodiak Gas Services, Inc. Energy	NEW	127,571	NEW	$7,439,940	NEW	6.96%
CTRI	Centuri Holdings, Inc. Utilities	Added	235,453	+92,320	$6,877,582	+90.3%	6.44%
LIN	Linde PLC Basic Materials	NEW	13,690	NEW	$6,786,954	NEW	6.35%
GVA	Granite Construction Inc Industrials	Added	54,261	+5,173	$6,504,808	+14.9%	6.09%
TDY	Teledyne Technologies Inc Technology	Reduced	10,452	-2,750	$6,323,564	−6.2%	5.92%
WWD	Woodward, Inc. Industrials	Added	15,300	+3,150	$5,476,176	+49.1%	5.13%
WMB	Williams Companies, Inc. Energy	NEW	71,661	NEW	$5,215,487	NEW	4.88%
ATI	Ati Inc Industrials	Reduced	35,146	-28,250	$5,112,337	−29.7%	4.78%
MOD	Modine Manufacturing Co Consumer Cyclical	Reduced	23,419	-8,092	$5,075,131	+20.6%	4.75%
ADI	Analog Devices Inc Technology	Reduced	15,905	-795	$5,060,016	+11.7%	4.74%
AMAT	Applied Materials Inc /De Technology	Reduced	12,900	-200	$4,409,091	+31.0%	4.13%
MRCY	Mercury Systems Inc Industrials	Reduced	60,460	-3,766	$4,408,138	−6.0%	4.13%
SEI	Solaris Energy Infrastructure, Inc. Energy	Reduced	77,574	-25,026	$4,383,706	−7.1%	4.10%
ESI	Element Solutions Inc Basic Materials	Reduced	127,112	-81,888	$4,339,603	−16.9%	4.06%
ATS	ATS Corp /ATS Industrials	Added	151,688	+126,988	$4,277,601	+528.8%	4.00%
PWR	Quanta Services, Inc. Industrials	Held	7,138	0	$3,918,904	+30.1%	3.67%
TLN	Talen Energy Corp Utilities	Reduced	11,700	-900	$3,734,991	−20.9%	3.50%
TSM	Taiwan Semiconductor Manufacturing Co Ltd Technology	Reduced	10,710	-3,890	$3,619,444	−18.4%	3.39%
LNG	Cheniere Energy, Inc. Energy	NEW	10,400	NEW	$2,951,104	NEW	2.76%
GLW	Corning Inc /Ny Technology	Reduced	19,839	-25,250	$2,697,508	−31.7%	2.52%
MTSI	MACOM Technology Solutions Holdings, Inc. Technology	NEW	10,120	NEW	$2,247,348	NEW	2.10%
CW	Curtiss Wright Corp Industrials	Reduced	2,499	-580	$1,702,118	+0.3%	1.59%
GE	General Electric Co Industrials	NEW	5,000	NEW	$1,418,850	NEW	1.33%
VRT	Vertiv Holdings Co Industrials	NEW	5,000	NEW	$1,252,900	NEW	1.17%
HWM	Howmet Aerospace Inc. Industrials	NEW	4,000	NEW	$921,840	NEW	0.86%
DD	DuPont de Nemours, Inc. Basic Materials	NEW	15,000	NEW	$687,000	NEW	0.64%