Institutional
Candelo Capital Management LP
CIK 0001845660
$121.1M
Reported AUM
29
Positions
Q1 2026
Period
2026-05-15
Filed
The Brief · Candelo Capital Management LP · Q1 2026
AI · grounded in 13F
Candelo Capital Management LP established a new position in KGS worth $7.4M. The fund also opened new stakes in LIN for $6.8M and IWM for $6.2M. On the sell side, the manager closed its positions in UNP and MKSI, reducing exposure by $5.7M and $5.6M respectively.
Portfolio · Q1 2026
Top holdings
| # | Stock | Issuer | Price | Day % | 1Y Gr. | 5Y Gr. | Value | % of book | Δ shares (QoQ) | Status |
|---|---|---|---|---|---|---|---|---|---|---|
| 1 | SMH | VANECK ETF TRUST | $504.22 | -4.79% | 87.09% | 303.08% | $7.7M | 6.33% | — | HELD |
| 2 | KGS | KODIAK GAS SVCS INC | $55.00 | -2.67% | 88.73% | 249.46% | $7.4M | 6.14% | — | HELD |
| 3 | CTRI | CENTURI HOLDINGS INC | $24.30 | -6.68% | 15.49% | -11.48% | $6.9M | 5.68% | — | HELD |
| 4 | LIN | LINDE PLC | $511.17 | 0.00% | 11.84% | 72.45% | $6.8M | 5.60% | — | HELD |
| 5 | GVA | GRANITE CONSTR INC | $117.88 | -2.83% | 28.28% | 205.99% | $6.5M | 5.37% | — | HELD |
| 6 | TDY | TELEDYNE TECHNOLOGIES INC | $631.35 | -2.82% | 19.27% | 40.20% | $6.3M | 5.22% | — | HELD |
| 7 | IWM | ISHARES TR | $288.64 | -1.61% | 37.92% | 38.19% | $6.2M | 5.12% | — | HELD |
| 8 | WWD | WOODWARD INC | $385.42 | -6.12% | 58.96% | 249.54% | $5.5M | 4.52% | — | HELD |
| 9 | WMB | WILLIAMS COS INC | $70.13 | -0.04% | 21.22% | 260.70% | $5.2M | 4.31% | — | HELD |
| 10 | ATI | ATI INC | $177.92 | -4.85% | 131.91% | 896.19% | $5.1M | 4.22% | — | HELD |
| 11 | MOD | MODINE MFG CO | $178.04 | -14.43% | 55.62% | 1572.51% | $5.1M | 4.19% | — | HELD |
| 12 | ADI | ANALOG DEVICES INC | $353.57 | -3.35% | 64.05% | 138.71% | $5.1M | 4.18% | — | HELD |
| 13 | AMAT | APPLIED MATLS INC | $436.45 | -8.40% | 152.89% | 248.14% | $4.4M | 3.64% | — | HELD |
| 14 | MRCY | MERCURY SYS INC | $90.17 | -9.27% | 90.49% | 97.26% | $4.4M | 3.64% | — | HELD |
| 15 | SEI | SOLARIS ENERGY INFRAS INC | $43.44 | -8.19% | 59.24% | 664.05% | $4.4M | 3.62% | — | HELD |
| 16 | ESI | ELEMENT SOLUTIONS INC | $34.79 | -4.68% | 59.17% | 71.30% | $4.3M | 3.58% | — | HELD |
| 17 | ATS | ATS CORP | $26.50 | -1.74% | -11.22% | -26.82% | $4.3M | 3.53% | — | HELD |
| 18 | QURE | QUANTA SVCS INC | $40.07 | 9.30% | 189.56% | 36.74% | $3.9M | 3.24% | — | HELD |
| 19 | TLN | TALEN ENERGY CORP | $316.19 | -3.02% | -13.75% | 501.01% | $3.7M | 3.08% | — | HELD |
| 20 | TSM | TAIWAN SEMICONDUCTOR MANUFAC | $374.56 | -4.52% | 61.05% | 241.53% | $3.6M | 2.99% | — | HELD |
| 21 | LNG | CHENIERE ENERGY INC | $258.54 | 2.52% | 9.58% | 210.12% | $3.0M | 2.44% | — | HELD |
| 22 | GLW | CORNING INC | $124.06 | -1.55% | 102.10% | 250.88% | $2.7M | 2.23% | — | HELD |
| 23 | MTSI | MACOM TECH SOLUTIONS HLDGS I | $228.71 | -8.23% | 82.84% | 310.53% | $2.2M | 1.86% | — | HELD |
| 24 | CW | CURTISS WRIGHT CORP | $679.41 | -6.78% | 47.89% | 509.06% | $1.7M | 1.41% | — | HELD |
| 25 | GE | GE AEROSPACE | $350.79 | -3.52% | 30.82% | 446.84% | $1.4M | 1.17% | — | HELD |
| 26 | VRT | VERTIV HOLDINGS CO | $223.56 | -17.06% | 90.59% | 861.48% | $1.3M | 1.03% | — | HELD |
| 27 | HWM | HOWMET AEROSPACE INC | $272.79 | -4.63% | 48.38% | 771.25% | $922K | 0.76% | — | HELD |
| 28 | DD | DUPONT DE NEMOURS INC | $138.10 | -1.90% | 63.32% | 66.12% | $687K | 0.57% | — | HELD |
| 29 | XLI | SELECT SECTOR SPDR TR | $176.66 | -3.19% | 23.44% | 88.31% | $404K | 0.33% | — | HELD |
Source: SEC EDGAR · accession 0001845660-26-000006. 13F discloses long positions only — shorts, foreign equities, and options are excluded.