Candelo Capital Management LP

Q3 2025 13F-HR Holdings

Location
New York, NY
Holdings as of
9/30/2025
Date filed
11/14/2025
Form type
13F-HR
Num holdings
29
Total value ($000)
$115,991
Net value change ($000)
+5,558 (5.0%)
New positions
10
Sold out positions
6
Turnover %
61.0%
Sector allocation + QoQ delta (equities-only)
Prev filing: 8/14/2025 Next filing: 2/17/2026 SEC filing

Snapshot: Change Analysis

Compared to Q2 2025
Methodology: sector metrics are equities-only; instrument mix chart is ex-options; options exposure is shown separately. Why this matters.
Top Adds (Value $000, Stocks/ETFs)
UNP 5,815 NEW
MOD 5,552 NEW
ESI 5,231 NEW
BDC 5,071 NEW
GLW 4,839 NEW
TSM 4,692 NEW
FTAI 4,038 NEW
PRIM 3,841 NEW
TDY 2,824 45.5%
RIOT 1,804 NEW
Top Reduces (Value $000, Stocks/ETFs)
DTM -5,884 -100.0%
CP -5,375 -100.0%
MIR -4,374 -100.0%
XPO -4,054 -100.0%
EQT -3,793 -100.0%
PTC -3,600 -48.0%
LNG -2,679 -100.0%
ATI -1,978 -28.5%
SHW -1,967 -36.2%
VRT -1,716 -42.3%
Instrument mix + QoQ Δ (ex-options)
Derivatives reported exposure ($000): 4,201 (3.6% of total reported value)
How this table is calculated: SEC VALUE ($000) is used as reported. For derivatives (PUT/CALL/WARRANT/RIGHT), SEC value represents reported underlying exposure, not premium cash paid/received. Column % is bucket-based: non-options share is calculated inside non-option total, options share is calculated inside options total. Details.
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Instrument:
Issuer Name Ticker Sector Industry Class History Value ($000) % Shares Shares Δ Shares Δ% Value Δ ($000) Value Δ% Principal Option Type