Candelo Capital Management LP

CIK

1845660

Location

NEW YORK, NY

Portfolio Value

Small $108,216,141

Diversification

Diversified

Filing Date

Global Rank

#5,513 / 8,603 ▲ 176 · as of Mar 2026

Top Industry

Aerospace & Defense 12.9%

3Y Alpha vs SPY

+15.6%

Period ended 3 months ago

Filed May 15, 2026 · 55d

10 quarters · since Dec 2023

Clone Performance

Feb 2024–Jul 2026 · vs SPY

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

Cloned portfolio

+100.6%

SPY

+54.1%

Annualised alpha

+13.9%

Max drawdown

−26.7%

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

6.9%

+0.2 pts

Top 5

31.4%

+2.8 pts

Top 10

55.3%

+4.5 pts

HHI

458

Diversified+28

Portfolio Trend

10 quarters · across all stocks

Sector Breakdown

As of Mar 31, 2026

Sector	% Portfolio	Value	Positions
Industrials	32.3%	$34,993,672	10
Technology	22.5%	$24,356,971	6
Energy	18.5%	$19,990,237	4
Basic Materials	12.2%	$13,187,557	3
Utilities	9.8%	$10,612,573	2
Consumer Cyclical	4.7%	$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
DD	DuPont de Nemours, Inc.	15,000	$2,061,000
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
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
BDC	Belden Inc.	36,871	$4,297,315
SHC	Sotera Health Co	230,801	$4,071,329
ATRO	Astronics Corp	83,642	$3,620,703
CHRW	C. H. Robinson Worldwide, Inc.	21,201	$3,408,272
ECHO	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 · $108,216,141 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	6.88%
CTRI	Centuri Holdings, Inc. Utilities	Added	235,453	+92,320	$6,877,582	+90.3%	6.36%
LIN	Linde PLC Basic Materials	NEW	13,690	NEW	$6,786,954	NEW	6.27%
GVA	Granite Construction Inc Industrials	Added	54,261	+5,173	$6,504,808	+14.9%	6.01%
TDY	Teledyne Technologies Inc Technology	Reduced	10,452	-2,750	$6,323,564	−6.2%	5.84%
WWD	Woodward, Inc. Industrials	Added	15,300	+3,150	$5,476,176	+49.1%	5.06%
WMB	Williams Companies, Inc. Energy	NEW	71,661	NEW	$5,215,487	NEW	4.82%
ATI	Ati Inc Industrials	Reduced	35,146	-28,250	$5,112,337	−29.7%	4.72%
MOD	Modine Manufacturing Co Consumer Cyclical	Reduced	23,419	-8,092	$5,075,131	+20.6%	4.69%
ADI	Analog Devices Inc Technology	Reduced	15,905	-795	$5,060,016	+11.7%	4.68%
AMAT	Applied Materials Inc /De Technology	Reduced	12,900	-200	$4,409,091	+31.0%	4.07%
MRCY	Mercury Systems Inc Industrials	Reduced	60,460	-3,766	$4,408,138	−6.0%	4.07%
SEI	Solaris Energy Infrastructure, Inc. Energy	Reduced	77,574	-25,026	$4,383,706	−7.1%	4.05%
ESI	Element Solutions Inc Basic Materials	Reduced	127,112	-81,888	$4,339,603	−16.9%	4.01%
ATS	ATS Corp /ATS Industrials	Added	151,688	+126,988	$4,277,601	+528.8%	3.95%
PWR	Quanta Services, Inc. Industrials	Held	7,138	0	$3,918,904	+30.1%	3.62%
TLN	Talen Energy Corp Utilities	Reduced	11,700	-900	$3,734,991	−20.9%	3.45%
TSM	Taiwan Semiconductor Manufacturing Co Ltd Technology	Reduced	10,710	-3,890	$3,619,444	−18.4%	3.34%
LNG	Cheniere Energy, Inc. Energy	NEW	10,400	NEW	$2,951,104	NEW	2.73%
GLW	Corning Inc /Ny Technology	Reduced	19,839	-25,250	$2,697,508	−31.7%	2.49%
MTSI	MACOM Technology Solutions Holdings, Inc. Technology	NEW	10,120	NEW	$2,247,348	NEW	2.08%
DD	DuPont de Nemours, Inc. Basic Materials	NEW	15,000	NEW	$2,061,000	NEW	1.90%
CW	Curtiss Wright Corp Industrials	Reduced	2,499	-580	$1,702,118	+0.3%	1.57%
GE	General Electric Co Industrials	NEW	5,000	NEW	$1,418,850	NEW	1.31%
VRT	Vertiv Holdings Co Industrials	NEW	5,000	NEW	$1,252,900	NEW	1.16%
HWM	Howmet Aerospace Inc. Industrials	NEW	4,000	NEW	$921,840	NEW	0.85%