Latest Candelo Capital Management LP Stock Portfolio
Candelo Capital Management LP Performance:
2024 Q3: 6.95%YTD: 28.14%
Performance for 2024 Q3 is 6.95%, and YTD is 28.14%.
About Candelo Capital Management LP and 13F Hedge Fund Stock Holdings
In it's latest 13F Holdings report, Candelo Capital Management LP reported an equity portfolio of $179 Millions as of 30 Sep, 2024.
The top stock holdings of Candelo Capital Management LP are ESI, BLDR, MMM. The fund has invested 5.4% of it's portfolio in ELEMENT SOLUTIONS INC and 4.9% of portfolio in BUILDERS FIRSTSOURCE INC.
The fund managers got completely rid off ENTEGRIS INC (ENTG), NVENT ELECTRIC PLC (NVT) and LINDE PLC (LIN) stocks. They significantly reduced their stock positions in GE AEROSPACE (GE), TFI INTL INC and CLEAN HARBORS INC (CLH). Candelo Capital Management LP opened new stock positions in BUILDERS FIRSTSOURCE INC (BLDR), 3M CO (MMM) and CSX CORP (CSX). The fund showed a lot of confidence in some stocks as they added substantially to CHENIERE ENERGY INC (LNG), CRH PLC (CRH) and AUTODESK INC (ADSK).
The top stock holdings of Candelo Capital Management LP are ESI, BLDR, MMM. The fund has invested 5.4% of it's portfolio in ELEMENT SOLUTIONS INC and 4.9% of portfolio in BUILDERS FIRSTSOURCE INC.
The fund managers got completely rid off ENTEGRIS INC (ENTG), NVENT ELECTRIC PLC (NVT) and LINDE PLC (LIN) stocks. They significantly reduced their stock positions in GE AEROSPACE (GE), TFI INTL INC and CLEAN HARBORS INC (CLH). Candelo Capital Management LP opened new stock positions in BUILDERS FIRSTSOURCE INC (BLDR), 3M CO (MMM) and CSX CORP (CSX). The fund showed a lot of confidence in some stocks as they added substantially to CHENIERE ENERGY INC (LNG), CRH PLC (CRH) and AUTODESK INC (ADSK).
Candelo Capital Management LP Annual Return Estimates Vs S&P 500
Our best estimate is that Candelo Capital Management LP made a return of 6.95% in the last quarter. In trailing 12 months, it's portfolio return was 41.36%.
New Buys
| Ticker | $ Bought |
|---|---|
| builders firstsource inc | 8,765,770 |
| 3m co | 8,379,710 |
| csx corp | 7,989,210 |
| curtiss wright corp | 6,409,460 |
| belden inc | 5,939,780 |
| talen energy corp | 5,311,550 |
| quanta svcs inc | 4,949,290 |
| powell inds inc | 3,568,040 |
New stocks bought by Candelo Capital Management LP
Additions
| Ticker | % Inc. |
|---|---|
| cheniere energy inc | 197 |
| crh plc | 27.67 |
| autodesk inc | 11.65 |
| vistra corp | 5.06 |
Additions to existing portfolio by Candelo Capital Management LP
Reductions
| Ticker | % Reduced |
|---|---|
| ge aerospace | -43.76 |
| tfi intl inc | -35.66 |
| aercap holdings nv | -32.05 |
| clean harbors inc | -26.23 |
| ge vernova inc | -25.69 |
| transdigm group inc | -24.36 |
| wabtec | -18.2 |
| taiwan semiconductor mfg ltd | -14.53 |
Candelo Capital Management LP reduced stake in above stock
Sold off
| Ticker | $ Sold |
|---|---|
| nvent electric plc | -7,816,360 |
| entegris inc | -8,440,430 |
| analog devices inc | -4,154,330 |
| linde plc | -6,055,580 |
Candelo Capital Management LP got rid off the above stocks
Sector Distribution
Candelo Capital Management LP has about 43% of it's holdings in Industrials sector.
| Sector | % |
|---|---|
| Industrials | 43 |
| Others | 17.2 |
| Technology | 16.7 |
| Basic Materials | 10.8 |
| Energy | 7.6 |
| Utilities | 4.6 |
Market Cap. Distribution
Candelo Capital Management LP has about 62.4% of it's portfolio invested in the large-cap and mega-cap stocks.
| Category | % |
|---|---|
| LARGE-CAP | 59.5 |
| UNALLOCATED | 21.9 |
| MID-CAP | 13.5 |
| MEGA-CAP | 2.9 |
| SMALL-CAP | 2.3 |
Stocks belong to which Index?
About 46.9% of the stocks held by Candelo Capital Management LP either belong to S&P 500 or RUSSELL 2000 index.
| Index | % |
|---|---|
| Others | 53.1 |
| S&P 500 | 37.3 |
| RUSSELL 2000 | 9.6 |
Candelo Capital Management LP Holdings Map
This heatmap illustrates the top 50 positions within the fund's portfolio.
Current Stock Holdings of Candelo Capital Management LP
Candelo Capital Management LP has 25 stocks in it's portfolio. About 44.2% of the portfolio is in top 10 stocks. PTC proved to be the most loss making stock for the portfolio. VST was the most profitable stock for Candelo Capital Management LP last quarter.
Last Reported on: 14 Nov, 2024| Ticker | Namesorted ascending | % Portfolio | Shares Held | $ Value | Type | % Change | Options | |
|---|---|---|---|---|---|---|---|---|
| ADI | analog devices inc | 0.00 | 0.00 | 0.00 | sold off | -100 | ||
| ADSK | autodesk inc | 4.23 | 27,500 | 7,575,700 | added | 11.65 | ||
| BDC | belden inc | 3.32 | 50,711 | 5,939,780 | new | |||
| BLDR | builders firstsource inc | 4.90 | 45,217 | 8,765,770 | new | |||
| CLH | clean harbors inc | 3.38 | 25,008 | 6,044,680 | reduced | -26.23 | ||
| CRH | crh plc | 4.02 | 77,649 | 7,201,170 | added | 27.67 | ||
| CSX | csx corp | 4.46 | 231,370 | 7,989,210 | new | |||
| CW | curtiss wright corp | 3.58 | 19,500 | 6,409,460 | new | |||
| ENTG | entegris inc | 0.00 | 0.00 | 0.00 | sold off | -100 | ||
| ESI | element solutions inc | 5.38 | 354,315 | 9,623,200 | reduced | -13.64 | ||
| GE | ge aerospace | 2.53 | 24,032 | 4,531,960 | reduced | -43.76 | ||
| GPOR | gulfport energy operating co | 3.04 | 35,905 | 5,434,220 | reduced | -12.48 | ||
| LIN | linde plc | 0.00 | 0.00 | 0.00 | sold off | -100 | ||
| LNG | cheniere energy inc | 3.57 | 35,573 | 6,397,450 | added | 197 | ||
| MMM | 3m co | 4.68 | 61,300 | 8,379,710 | new | |||
| NVDA | nvidia corporation | 2.50 | 36,800 | 4,468,990 | unchanged | 0.00 | ||
| NVT | nvent electric plc | 0.00 | 0.00 | 0.00 | sold off | -100 | ||
| POWL | powell inds inc | 1.99 | 16,073 | 3,568,040 | new | |||
| PTC | ptc inc | 4.44 | 44,027 | 7,953,920 | reduced | -13.27 | ||
| PWR | quanta svcs inc | 2.76 | 16,600 | 4,949,290 | new | |||