Q4 2025 · 13F-HR
Engle Capital Management, L.P.holdings as filed
Filed 2026-02-17 · accession 0001385642-26-000002
$259.1M
Reported value
27
Positions
2025-12-31
Period end
The Brief · Engle Capital Management, L.P. · Q4 2025
AI · grounded in 13F
Engle Capital Management, L.P. established a new position in LGN valued at $24.1M. The fund also opened new stakes in META for $11.2M and PPL for $7M. On the sell side, the manager closed its positions in EYE and SN, reducing exposure by $15.8M and $15.4M respectively. Additionally, the fund trimmed its holdings in CVNA by 86.2%.
Holdings as filed
| CUSIP | Ticker | Issuer | Value | % port. | Shares | Class | Voting |
|---|---|---|---|---|---|---|---|
| 87422Q109 | TLN | TALEN ENERGY CORP | $28.9M | 11.1% | 77,000 | Common | SOLE |
| G0896C103 | TBBB | BBB FOODS INC | $25.0M | 9.66% | 750,000 | Common | SOLE |
| 52476L109 | LGN | LEGENCE CORP | $24.1M | 9.28% | 559,000 | Common | SOLE |
| 21044C107 | ROAD | CONSTRUCTION PARTNERS INC | $20.1M | 7.75% | 185,000 | Common | SOLE |
| 92840M102 | VST | VISTRA CORP | $17.7M | 6.85% | 110,000 | Common | SOLE |
| N00985106 | AER | AERCAP HOLDINGS NV | $17.3M | 6.66% | 120,000 | Common | SOLE |
| 15189T107 | CNP | CENTERPOINT ENERGY INC | $13.2M | 5.10% | 345,000 | Common | SOLE |
| 20464U100 | COMP | COMPASS INC | $11.2M | 4.33% | 1,062,000 | Common | SOLE |
| 30303M102 | META | META PLATFORMS INC | $11.2M | 4.32% | 16,971 | Common | SOLE |
| 85914M107 | STEP | STEPSTONE GROUP INC | $8.3M | 3.22% | 130,000 | Common | SOLE |
| G5S37H101 | MRX | MAREX GROUP PLC | $7.3M | 2.83% | 190,900 | Common | SOLE |
| 69351T106 | PPL | PPL CORP | $7.0M | 2.70% | 200,000 | Common | SOLE |
| 199908104 | FIX | COMFORT SYSTEMS USA INC | $7.0M | 2.70% | 7,500 | Common | SOLE |
| 82846H405 | QXO | QXO INC | $6.9M | 2.66% | 358,000 | Common | SOLE |
| 02079K305 | GOOGL | ALPHABET INC | $6.9M | 2.66% | 22,000 | Common | SOLE |
| 407497106 | HLNE | HAMILTON LANE INC | $6.7M | 2.59% | 50,000 | Common | SOLE |
| G6683N103 | NU | NU HOLDINGS LTD | $6.6M | 2.54% | 393,000 | Common | SOLE |
| 88080T104 | WULF | TERAWULF INC | $5.0M | 1.94% | 437,500 | Common | SOLE |
| 172967424 | C | CITIGROUP INC | $4.9M | 1.89% | 42,000 | Common | SOLE |
| 090043100 | BILL | BILL HOLDINGS INC | $4.3M | 1.64% | 78,000 | Common | SOLE |
| 13321L108 | CCJ | CAMECO CORP | $4.2M | 1.63% | 46,230 | Common | SOLE |
| 34354P105 | FLS | FLOWSERVE CORP | $3.9M | 1.50% | 56,000 | Common | SOLE |
| 14154A102 | CDNL | CARDINAL INFRASTRUCTURE GROUP | $3.2M | 1.22% | 131,000 | Common | SOLE |
| 859241101 | STRL | STERLING INFRASTRUCTURE INC | $3.2M | 1.22% | 10,333 | Common | SOLE |
| 146869102 | CVNA | CARVANA CO | $2.5M | 0.98% | 6,000 | Common | SOLE |
| 038169207 | APLD | APPLIED DIGITAL CORP | $1.5M | 0.57% | 59,900 | Common | SOLE |
| 17253J106 | CIFR | CIPHER MINING INC | $1.1M | 0.41% | 71,800 | Common | SOLE |
Source: SEC EDGAR · raw 13F holdings as filed. The Class column shows the option type when reported (Put/Call) or Common when the issuer's equity is held directly. 13F discloses long positions only.