Q3 2025 · 13F-HR
Candelo Capital Management LPholdings as filed
Filed 2025-11-14 · accession 0001845660-25-000008
$116.0M
Reported value
29
Positions
2025-09-30
Period end
The Brief · Candelo Capital Management LP · Q3 2025
AI · grounded in 13F
Candelo Capital Management LP established a new position in Teledyne Technologies Inc TDY valued at $9.03M. The fund also initiated stakes in TC Energy Corp TRP for $7.3M and Union Pac Corp UNP for $5.81M. Additional new positions include Modine Mfg Co MOD, Quanta Svcs Inc QURE, and Element Solutions Inc ESI. The fund ended the period with 29 positions and total AUM of $115.99M.
Holdings as filed
| CUSIP | Ticker | Issuer | Value | % port. | Shares | Class | Voting |
|---|---|---|---|---|---|---|---|
| 879360105 | TDY | TELEDYNE TECHNOLOGIES INC | $9.0M | 7.78% | 15,401 | Common | SOLE |
| 87807B107 | TRP | TC ENERGY CORP | $7.3M | 6.29% | 134,195 | Common | SOLE |
| 907818108 | UNP | UNION PAC CORP | $5.8M | 5.01% | 24,600 | Common | SOLE |
| 607828100 | MOD | MODINE MFG CO | $5.6M | 4.79% | 39,053 | Common | SOLE |
| 74762E102 | QURE | QUANTA SVCS INC | $5.4M | 4.65% | 13,018 | Common | SOLE |
| 28618M106 | ESI | ELEMENT SOLUTIONS INC | $5.2M | 4.51% | 207,830 | Common | SOLE |
| 502431109 | LHX | L3HARRIS TECHNOLOGIES INC | $5.2M | 4.48% | 17,022 | Common | SOLE |
| 077454106 | BDC | BELDEN INC | $5.1M | 4.37% | 42,166 | Common | SOLE |
| 01741R102 | ATI | ATI INC | $5.0M | 4.27% | 60,896 | Common | SOLE |
| 231561101 | CW | CURTISS WRIGHT CORP | $4.9M | 4.19% | 8,948 | Common | SOLE |
| 219350105 | GLW | CORNING INC | $4.8M | 4.17% | 58,989 | Common | SOLE |
| 874039100 | TSM | TAIWAN SEMICONDUCTOR MFG LTD | $4.7M | 4.05% | 16,800 | Common | SOLE |
| 980745103 | WWD | WOODWARD INC | $4.4M | 3.77% | 17,300 | Common | SOLE |
| 146869102 | CVNA | CARVANA CO | $4.3M | 3.70% | 11,375 | Common | SOLE |
| 929160109 | VMC | VULCAN MATLS CO | $4.1M | 3.54% | 13,350 | Common | SOLE |
| G3730V105 | FTAI | FTAI AVIATION LTD | $4.0M | 3.48% | 24,200 | Common | SOLE |
| 69370C100 | PTC | PTC INC | $3.9M | 3.36% | 19,194 | Common | SOLE |
| 74164F103 | PRIM | PRIMORIS SVCS CORP | $3.8M | 3.31% | 27,970 | Common | SOLE |
| 87422Q109 | TLN | TALEN ENERGY CORP | $3.8M | 3.26% | 8,900 | Common | SOLE |
| 21037T109 | CEG | CONSTELLATION ENERGY CORP | $3.5M | 3.04% | 10,726 | Common | SOLE |
| 824348106 | SHW | SHERWIN WILLIAMS CO | $3.5M | 2.99% | 10,022 | Common | SOLE |
| 81369Y100 | XLB | SELECT SECTOR SPDR TR | $2.7M | 2.32% | 30,000 | PUT | SOLE |
| 739128106 | POWL | POWELL INDS INC | $2.6M | 2.26% | 8,583 | Common | SOLE |
| 92537N108 | VRT | VERTIV HOLDINGS CO | $2.3M | 2.02% | 15,500 | Common | SOLE |
| 767292105 | RIOT | RIOT PLATFORMS INC | $1.8M | 1.56% | 94,800 | Common | SOLE |
| 589378108 | MRCY | MERCURY SYS INC | $1.2M | 1.02% | 15,300 | Common | SOLE |
| 526107107 | LII | LENNOX INTL INC | $794,040 | 0.68% | 1,500 | PUT | SOLE |
| 345370860 | F | FORD MTR CO | $717,600 | 0.62% | 60,000 | PUT | SOLE |
| 485924104 | KRMN | KARMAN HLDGS INC | $584,820 | 0.50% | 8,100 | 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.