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Candelo Capital Management LP

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13F filer, CIK 1845660, NEW YORK, NY

Candelo Capital Management LP reported $110,433,257 across 26 holdings for the quarter ended 2025-06-30, in a 13F-HR filed 2025-08-14. Its ten largest share positions make up 58.24% of the portfolio.

Filed (acceptance time not in the bulk data set), ingested 13F-HR 0001845660-25-000004

Period
2025-06-30
Reported value
$110M
Holdings
26
Top 10 weight
58.24%
New
15
Sold out
15

Largest buys vs the previous quarter

SecurityShares changeApprox. value
ATInew+80,273$6.93M
SHWnew+15,835$5.44M
CPnew+67,800$5.37M
LHXnew+21,200$5.32M
CVNAnew+13,050$4.4M

Ranked by the share change valued at this quarter's implied price (value over shares in the 13F). A position sold out is valued at the previous quarter's price, its last report.

Largest sells vs the previous quarter

SecurityShares changeApprox. value
CWreduced-15,017-$7.34M
PWRreduced-17,502-$6.62M
MMMexited-43,600-$6.4M
ADSKexited-23,200-$6.07M
APDexited-19,581-$5.77M

Ranked by the share change valued at this quarter's implied price (value over shares in the 13F). A position sold out is valued at the previous quarter's price, its last report.

Holdings, Q2 2025

Share positions as resolved from 13F-HR 0001845660-25-000004, largest first. % of portfolio is the value over $104,432,807, the sum of the share positions whose value is usable for ratios (method).

SecurityHistorySharesValue% of portfolioChangeLatest eventTimeline
PTCPTC INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 44,027 shares; 2024Q4: 35,365 shares; 2025Q1: 43,350 shares; 2025Q2: 43,500 shares 43,500$7.5M7.18%+150Timeline
TRPTC ENERGY CORPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: 210,868 shares; 2025Q1: 141,024 shares; 2025Q2: 153,648 shares 153,648$7.5M7.18%+12,624Timeline
ATIATI INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: 80,273 shares 80,273$6.93M6.64%newTimeline
TDYTELEDYNE TECHNOLOGIES INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: 16,500 shares; 2025Q2: 12,106 shares 12,106$6.2M5.94%-4,394Timeline
DTMDT MIDSTREAM INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: 56,700 shares; 2025Q1: 53,547 shares; 2025Q2: 53,538 shares 53,538$5.88M5.63%-9Timeline
PWRQUANTA SVCS INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 16,600 shares; 2024Q4: 16,500 shares; 2025Q1: 32,172 shares; 2025Q2: 14,670 shares 14,670$5.55M5.31%-17,502Timeline
SHWSHERWIN WILLIAMS COQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: 15,835 shares 15,835$5.44M5.21%newTimeline
CPCANADIAN PACIFIC KANSAS CITYQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: 67,800 shares 67,800$5.37M5.15%newTimeline
LHXL3HARRIS TECHNOLOGIES INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: 21,200 shares 21,200$5.32M5.09%newTimeline
TLNTALEN ENERGY CORPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 29,800 shares; 2024Q4: 26,904 shares; 2025Q1: 27,000 shares; 2025Q2: 17,654 shares 17,654$5.13M4.92%-9,346Timeline
CWCURTISS WRIGHT CORPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 19,500 shares; 2024Q4: 22,346 shares; 2025Q1: 24,355 shares; 2025Q2: 9,338 shares 9,338$4.56M4.37%-15,017Timeline
CVNACARVANA COQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: 13,050 shares 13,050$4.4M4.21%newTimeline
MIRMIRION TECHNOLOGIES INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: 203,161 shares 203,161$4.37M4.19%newTimeline
XPOXPO INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: 32,102 shares 32,102$4.05M3.88%newTimeline
VRTVERTIV HOLDINGS COQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 41,675 shares; 2024Q4: 41,475 shares; 2025Q1: not reported; 2025Q2: 31,568 shares 31,568$4.05M3.88%newTimeline
WWDWOODWARD INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: 16,167 shares 16,167$3.96M3.79%newTimeline
VMCVULCAN MATLS COQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: 18,400 shares; 2025Q2: 15,000 shares 15,000$3.91M3.75%-3,400Timeline
EQTEQT CORPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: 68,400 shares; 2025Q2: 65,030 shares 65,030$3.79M3.63%-3,370Timeline
POWLPOWELL INDS INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 16,073 shares; 2024Q4: 9,007 shares; 2025Q1: 24,013 shares; 2025Q2: 17,600 shares 17,600$3.7M3.55%-6,413Timeline
CEGCONSTELLATION ENERGY CORPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: 9,900 shares 9,900$3.2M3.06%newTimeline
LNGCHENIERE ENERGY INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 35,573 shares; 2024Q4: 32,273 shares; 2025Q1: 31,521 shares; 2025Q2: 11,000 shares 11,000$2.68M2.57%-20,521Timeline
KRMNKARMAN HLDGS INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: 18,400 shares 18,400$927K0.89%newTimeline

Options

Puts and calls, as filed. The amount and value describe the underlying shares, not the option premium, so they stay out of % of portfolio (H5).

SecurityTypeAmountValueChange
JETSETF SER SOLUTIONS ETFput100,000$2.3Mnew
XLESELECT SECTOR SPDR TR SHSput25,000$2.12Mnew
KNFKNIFE RIVER CORP Stockput10,000$816Knew
BKRBAKER HUGHES COMPANY Stockput20,000$767Knew

Sold out in Q2 2025

Positions in the previous quarter's report that this quarter's report no longer lists.

SecurityShares beforeValue beforeType
MMM3M CO43,600$6.4Mshares
ADSKAUTODESK INC23,200$6.07Mshares
APDAIR PRODUCTS AND CHEMICALS I19,581$5.77Mshares
ANSYS INCANSYS INC17,600$5.57Mshares
NOCNORTHROP GRUMMAN CORP10,700$5.48Mshares
ENTGENTEGRIS INC46,074$4.03Mshares
GEVGE VERNOVA INC11,727$3.58Mshares
OIHVANECK ETF TRUST12,000$3.15Mput
APDAIR PRODUCTS AND CHEMICALS I7,000$2.06Mput
IGVISHARES TR20,000$1.78Mput
EXEEXPAND ENERGY CORPORATION15,000$1.67Mput
CTVACORTEVA INC15,000$944Kput
SLBSLB LIMITED20,000$836Kput
HWMHOWMET AEROSPACE INC6,000$778Kput
EMREMERSON ELEC CO5,000$548Kput

How Q2 2025 was built

Available 13F filings of this filer for the quarter and their roles: the base report is the latest original or restatement, NEW HOLDINGS amendments filed after it are added (method).

FilingRoleAmendmentFiledAcceptedIngested
13F-HR 0001845660-25-000004 base2025-08-14acceptance time not in the bulk data set