Candlestick Capital Management LP
CIK: 0001789779SEC EDGAR →
Portfolio Value
$4.1B
Holdings
49
As of
Q3 2025
New Positions
21
Closed Positions
36
Top 10 Holdings
| Rank | Stock | Shares | Value | % of Portfolio |
|---|---|---|---|---|
| 1 | DALCall DELTA AIR LINES INC DEL | 7,365,791 | $418.0M | 10.14% |
| 2 | SPYPut SPDR S&P 500 ETF TR | 402,300 | $268.0M | 6.50% |
| 3 | NDQPut INVESCO QQQ TR | 402,300 | $241.5M | 5.86% |
| 4 | AAPLCall APPLE INC | 888,647 | $226.3M | 5.49% |
| 5 | UNITED AIRLS HLDGS INC | 2,239,037 | $216.1M | 5.24% |
| 6 | TAPESTRY INC | 1,305,329 | $147.8M | 3.58% |
| 7 | CNKCall CINEMARK HLDGS INC | 5,158,151 | $144.5M | 3.51% |
| 8 | AMER SPORTS INC | 3,568,381 | $124.0M | 3.01% |
| 9 | CCLCall CARNIVAL CORP | 4,131,417 | $119.4M | 2.90% |
| 10 | SPOTIFY TECHNOLOGY S A | 164,643 | $114.9M | 2.79% |
Quarterly Changes
New Positions (27)
$226.3M · 889K shares
$144.5M · 5.2M shares
$119.4M · 4.1M shares
$114.9M · 165K shares
$79.3M · 255K shares
$75.6M · 965K shares
$75.5M · 862K shares
$74.8M · 737K shares
$73.5M · 100K shares
$69.5M · 501K shares
$68.2M · 2.8M shares
$64.5M · 345K shares
$56.3M · 109K shares
$53.3M · 414K shares
$52.3M · 919K shares
$46.2M · 536K shares
$42.8M · 1.3M shares
$39.0M · 165K shares
$38.2M · 110K shares
$32.0M · 241K shares
$31.8M · 6.1M shares
$23.4M · 169K shares
$17.2M · 68K shares
$10.9M · 290K shares
$7.6M · 43K shares
$6.8M · 81K shares
$6.8M · 1.8M shares
Closed Positions (42)
$191.8M · 386K shares
$158.6M · 723K shares
$158.5M · 118K shares
$151.8M · 5.0M shares
$118.9M · 580K shares
$106.7M · 3.8M shares
$101.3M · 453K shares
$99.4M · 4.9M shares
$96.4M · 8.4M shares
$89.5M · 2.7M shares
$83.8M · 1.6M shares
$80.0M · 812K shares
$78.7M · 859K shares
$73.6M · 372K shares
$71.8M · 947K shares
$66.9M · 440K shares
$66.2M · 3.2M shares
$64.7M · 609K shares
$64.0M · 35K shares
$62.8M · 198K shares
$62.8M · 171K shares
$54.5M · 15K shares
$52.0M · 527K shares
$51.2M · 311K shares
$50.3M · 633K shares
$49.3M · 271K shares
$47.9M · 596K shares
$43.0M · 197K shares
$41.2M · 82K shares
$39.5M · 320K shares
$31.5M · 338K shares
$30.0M · 385K shares
$29.7M · 2.0M shares
$28.9M · 264K shares
$26.4M · 855K shares
$25.5M · 440K shares
$22.2M · 66K shares
$13.9M · 60K shares
$10.0M · 993K shares
$8.8M · 144K shares
$6.8M · 92K shares
$5.3M · 29K shares
Sector Breakdown
| Sector | # Holdings | Value | % |
|---|---|---|---|
| Consumer Cyclical | 19 | $1.2B | 30.1% |
| Industrials | 5 | $815.6M | 19.8% |
| Financial Services | 4 | $481.0M | 11.7% |
| Technology | 6 | $431.9M | 10.5% |
| Consumer Defensive | 7 | $389.4M | 9.4% |
| Communication Services | 4 | $387.5M | 9.4% |
| Unknown | 2 | $317.2M | 7.7% |
| Basic Materials | 1 | $38.2M | 0.9% |
| Healthcare | 1 | $19.0M | 0.5% |