Candelo Capital Management LP

NEW YORK, NY · CIK 1845660 · 13F filing filed 2026-08-14

SEC-registered investment adviser since 2024 · limited partnership

Assets managed$178.1m
Staff5 · 5 in investment roles
Main clients (by assets)Private funds 100%
Private funds1 (1 hedge) · $178.1m gross assets
Form ADV · 2026-03-23SEC adviser record

Legal entityCANDELO CAPITAL MANAGEMENT LP (US)

Kindhedge funds, futures
Others nearbyNew York, NY

As an employer

Offices in1 country
Private fundshedge 1

$136.2m reported value +37.0% vs Q1 2026

27positions

49.2%in top 10

7 new 4 added 14 reduced 2 sold out vs Q1 2026

Options: 0 call positions (— notional), 7 put positions ($26.1m notional) – listed below, not included above.

Holdings, Q2 2026

The small lines show how much was held over the last 4 quarters (adjusted for stock splits).

#	Security	Ticker	Shares	Value	% of portfolio	Change	Shares change
1	TELEDYNE TECHNOLOGIES INC COM TDY	TDY	13,772	$9.2m6.74%	6.74%	Added +3.3k	+3,320 31.8%
2	GRANITE CONSTR INC COM GVA	GVA	53,762	$8.5m6.24%	6.24%	Reduced -499	-499 -0.9%
3	CENTURI HOLDINGS INC COM SHS CTRI	CTRI	250,861	$7.6m5.57%	5.57%	Added +15.4k	+15,408 6.5%
4	PARKER-HANNIFIN CORP COM PH	PH	7,280	$7.1m5.23%	5.23%	New
5	MERCURY SYS INC COM MRCY	MRCY	54,060	$6.6m4.86%	4.86%	Reduced -6.4k	-6,400 -10.6%
6	APPLIED INDL TECHNOLOGIES IN COM AIT	AIT	17,952	$6.1m4.46%	4.46%	New
7	LINDE PLC SHS LIN	LIN	11,060	$5.7m4.21%	4.21%	Reduced -2.6k	-2,630 -19.2%
8	ATI INC COM ATI	ATI	27,649	$5.4m4.00%	4.00%	Reduced -497	-497 -1.8%
9	KODIAK GAS SVCS INC COM KGS	KGS	71,378	$5.4m3.94%	3.94%	Reduced -56.2k	-56,193 -44.0%
10	ELEMENT SOLUTIONS INC COM ESI	ESI	111,612	$5.3m3.91%	3.91%	Reduced -15.5k	-15,500 -12.2%
11	WILLIAMS COS INC COM WMB	WMB	71,661	$5.3m3.91%	3.91%	Unchanged
12	SOLARIS ENERGY INFRAS INC COM CL A SEI	SEI	65,964	$5.3m3.90%	3.90%	Reduced -11.6k	-11,610 -15.0%
13	AMETEK INC COM AME	AME	21,196	$5.1m3.77%	3.77%	New
14	TFI INTL INC COM TFII	TFII	34,253	$4.9m3.61%	3.61%	New
15	WOODWARD INC COM WWD	WWD	11,480	$4.9m3.59%	3.59%	Added +2.2k	+2,180 23.4%
16	ATS CORPORATION COM ATS	ATS	165,100	$4.8m3.49%	3.49%	Added +13.4k	+13,412 8.8%
17	TIMKEN CO COM TKR	TKR	31,705	$4.6m3.38%	3.38%	New
18	TALEN ENERGY CORP COM TLN	TLN	11,700	$4.5m3.30%	3.30%	Unchanged
19	MODINE MFG CO COM MOD	MOD	16,100	$4.3m3.16%	3.16%	Reduced -7.3k	-7,319 -31.2%
20	TAIWAN SEMICONDUCTOR MFG LTD SPONSORED ADS TSM	TSM	8,966	$4.3m3.14%	3.14%	Reduced -1.7k	-1,744 -16.3%
21	ANALOG DEVICES INC COM ADI	ADI	10,745	$4.3m3.13%	3.13%	Reduced -5.2k	-5,160 -32.4%
22	THERMO FISHER SCIENTIFIC INC COM TMO	TMO	8,440	$4.2m3.11%	3.11%	New
23	APPLIED MATLS INC COM AMAT	AMAT	4,800	$3.5m2.55%	2.55%	Reduced -8.1k	-8,100 -62.8%
24	QUANTA SVCS INC COM PWR	PWR	4,488	$3.2m2.37%	2.37%	Reduced -2.6k	-2,650 -37.1%
25	MACOM TECH SOLUTIONS HLDGS I COM MTSI	MTSI	7,970	$3.0m2.23%	2.23%	Reduced -2.1k	-2,150 -21.2%
26	CORNING INC COM GLW	GLW	8,139	$2.1m1.53%	1.53%	Reduced -11.7k	-11,700 -59.0%
27	CIPHER MINING INC COM CIFR	CIFR	37,000	$906.5k0.67%	0.67%	New

Sold out since Q1 2026

Security	Ticker	Shares held before	Value then
CHENIERE ENERGY INC LNG	LNG	10,400	$3.0m10.4k shares
CURTISS WRIGHT CORP CW	CW	2,499	$1.7m2.5k shares

Options (notional value)

Underlying	Ticker	Type	Shares controlled	Notional	Change
VANECK ETF TRUST SMH · Put	SMH	Put	20,000	$13.1m20.0k shares	Unchanged
APPLIED MATLS INC AMAT · Put	AMAT	Put	5,000	$3.6m5.0k shares	New
QUANTA SVCS INC PWR · Put	PWR	Put	4,000	$2.9m4.0k shares	New
CORNING INC GLW · Put	GLW	Put	8,000	$2.0m8.0k shares	New
ENTEGRIS INC ENTG · Put	ENTG	Put	11,000	$2.0m11.0k shares	New
CONSTELLATION ENERGY CORP CEG · Put	CEG	Put	6,000	$1.5m6.0k shares	New
CIPHER MINING INC CIFR · Put	CIFR	Put	40,000	$980.0k40.0k shares	New