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Candelo Capital Management LP

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13F filer, CIK 1845660, NEW YORK, NY

Candelo Capital Management LP reported $112,081,934 across 27 holdings for the quarter ended 2025-12-31, in a 13F-HR filed 2026-02-17. Its ten largest share positions make up 50.42% of the portfolio.

Filed (acceptance time not in the bulk data set), ingested 13F-HR 0001845660-26-000002

Period
2025-12-31
Reported value
$112M
Holdings
27
Top 10 weight
50.42%
New
14
Sold out
16

Largest buys vs the previous quarter

SecurityShares changeApprox. value
GVAnew+49,088$5.66M
MKSInew+35,107$5.61M
DHRnew+21,200$4.85M
SEInew+102,600$4.72M
ATROnew+83,642$4.54M

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
TRPexited-134,195-$7.3M
LHXexited-17,022-$5.2M
CVNAexited-11,375-$4.29M
VMCexited-13,350-$4.11M
FTAIexited-24,200-$4.04M

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, Q4 2025

Share positions as resolved from 13F-HR 0001845660-26-000002, largest first. % of portfolio is the value over $109,561,024, the sum of the share positions whose value is usable for ratios (method).

SecurityHistorySharesValue% of portfolioChangeLatest eventTimeline
ATIATI INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: 80,273 shares; 2025Q3: 60,896 shares; 2025Q4: 63,396 shares 63,396$7.28M6.64%+2,500Timeline
TDYTELEDYNE TECHNOLOGIES INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: 16,500 shares; 2025Q2: 12,106 shares; 2025Q3: 15,401 shares; 2025Q4: 13,202 shares 13,202$6.74M6.15%-2,199Timeline
UNPUNION PAC CORPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: not reported; 2025Q3: 24,600 shares; 2025Q4: 24,850 shares 24,850$5.75M5.25%+250Timeline
GVAGRANITE CONSTR INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: not reported; 2025Q3: not reported; 2025Q4: 49,088 shares 49,088$5.66M5.17%newTimeline
MKSIMKS INC.Quarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: not reported; 2025Q3: not reported; 2025Q4: 35,107 shares 35,107$5.61M5.12%newTimeline
ESIELEMENT SOLUTIONS INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 354,315 shares; 2024Q4: 193,229 shares; 2025Q1: not reported; 2025Q2: not reported; 2025Q3: 207,830 shares; 2025Q4: 209,000 shares 209,000$5.22M4.77%+1,170Timeline
DHRDANAHER CORP DELQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: not reported; 2025Q3: not reported; 2025Q4: 21,200 shares 21,200$4.85M4.43%newTimeline
TLNTALEN ENERGY CORPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 29,800 shares; 2024Q4: 26,904 shares; 2025Q1: 27,000 shares; 2025Q2: 17,654 shares; 2025Q3: 8,900 shares; 2025Q4: 12,600 shares 12,600$4.72M4.31%+3,700Timeline
SEISOLARIS ENERGY INFRAS INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: not reported; 2025Q3: not reported; 2025Q4: 102,600 shares 102,600$4.72M4.3%newTimeline
MRCYMERCURY SYS INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: not reported; 2025Q3: 15,300 shares; 2025Q4: 64,226 shares 64,226$4.69M4.28%+48,926Timeline
ATROASTRONICS CORPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: not reported; 2025Q3: not reported; 2025Q4: 83,642 shares 83,642$4.54M4.14%newTimeline
ADIANALOG DEVICES INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: not reported; 2025Q3: not reported; 2025Q4: 16,700 shares 16,700$4.53M4.13%newTimeline
TSMTAIWAN SEMICONDUCTOR MANUFACQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 29,700 shares; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: not reported; 2025Q3: 16,800 shares; 2025Q4: 14,600 shares 14,600$4.44M4.05%-2,200Timeline
BDCBELDEN INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 50,711 shares; 2024Q4: 52,680 shares; 2025Q1: not reported; 2025Q2: not reported; 2025Q3: 42,166 shares; 2025Q4: 36,871 shares 36,871$4.3M3.92%-5,295Timeline
MODMODINE MFG COQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: not reported; 2025Q3: 39,053 shares; 2025Q4: 31,511 shares 31,511$4.21M3.84%-7,542Timeline
SHCSOTERA HEALTH COQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: not reported; 2025Q3: not reported; 2025Q4: 230,801 shares 230,801$4.07M3.72%newTimeline
GLWCORNING INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: 165,646 shares; 2025Q1: not reported; 2025Q2: not reported; 2025Q3: 58,989 shares; 2025Q4: 45,089 shares 45,089$3.95M3.6%-13,900Timeline
WWDWOODWARD INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: 16,167 shares; 2025Q3: 17,300 shares; 2025Q4: 12,150 shares 12,150$3.67M3.35%-5,150Timeline
CTRICENTURI HOLDINGS INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: not reported; 2025Q3: not reported; 2025Q4: 143,133 shares 143,133$3.61M3.3%newTimeline
CHRWC H ROBINSON WORLDWIDE INQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: not reported; 2025Q3: not reported; 2025Q4: 21,201 shares 21,201$3.41M3.11%newTimeline
AMATAPPLIED MATLS INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: not reported; 2025Q3: not reported; 2025Q4: 13,100 shares 13,100$3.37M3.07%newTimeline
PWRQUANTA SVCS INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 16,600 shares; 2024Q4: 16,500 shares; 2025Q1: 32,172 shares; 2025Q2: 14,670 shares; 2025Q3: 13,018 shares; 2025Q4: 7,138 shares 7,138$3.01M2.75%-5,880Timeline
ECHOECHOSTAR CORPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: not reported; 2025Q3: not reported; 2025Q4: 22,300 shares 22,300$2.42M2.21%newTimeline
KNXKNIGHT-SWIFT TRANSN HLDGS INQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: not reported; 2025Q3: not reported; 2025Q4: 46,194 shares 46,194$2.42M2.2%newTimeline
CWCURTISS WRIGHT CORPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 19,500 shares; 2024Q4: 22,346 shares; 2025Q1: 24,355 shares; 2025Q2: 9,338 shares; 2025Q3: 8,948 shares; 2025Q4: 3,079 shares 3,079$1.7M1.55%-5,869Timeline
ATSATS CORPORATIONQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: 200,850 shares; 2025Q1: not reported; 2025Q2: not reported; 2025Q3: not reported; 2025Q4: 24,700 shares 24,700$680K0.62%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
SMHVANECK ETF TRUST COMput7,000$2.52Mnew

Sold out in Q4 2025

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

SecurityShares beforeValue beforeType
TRPTC ENERGY CORP134,195$7.3Mshares
LHXL3HARRIS TECHNOLOGIES INC17,022$5.2Mshares
CVNACARVANA CO11,375$4.29Mshares
VMCVULCAN MATLS CO13,350$4.11Mshares
FTAIFTAI AVIATION LTD24,200$4.04Mshares
PTCPTC INC19,194$3.9Mshares
PRIMPRIMORIS SVCS CORP27,970$3.84Mshares
CEGCONSTELLATION ENERGY CORP10,726$3.53Mshares
SHWSHERWIN WILLIAMS CO10,022$3.47Mshares
XLBSELECT SECTOR SPDR TR30,000$2.69Mput
POWLPOWELL INDS INC8,583$2.62Mshares
VRTVERTIV HOLDINGS CO15,500$2.34Mshares
RIOTRIOT PLATFORMS INC94,800$1.8Mshares
LIILENNOX INTL INC1,500$794Kput
FFORD MTR CO60,000$718Kput
KRMNKARMAN HLDGS INC8,100$585Kshares

How Q4 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 0001845660-26-000002 base2026-02-17acceptance time not in the bulk data set