CCM

Candlestick Capital Management Portfolio holdings

AUM $4.12B Turnover 72%
1-Year Est. Return 50.27%
This Fund
S&P 500
This Quarter Est. Return
+9.22%
1 Year Est. Return
+50.27%
3 Year Est. Return
+244.01%
5 Year Est. Return
+386.64%
10 Year Est. Return
–
AUM
$4.12B
AUM Growth
-$1.11B
Cap. Flow
-$555M
Cap. Flow %
-13.47%
Top 10 Hldgs %
43.26%
Holding
100
New
27
Increased
14
Reduced
14
Closed
45
Avg Time Held Equity + Options
0.5 years
Top 10 Avg Time Held Equity + Options
0.7 years
Top 20 Avg Time Held Equity + Options
0.5 years
Avg Time Held Equity only
0.4 years
Top 10 Avg Time Held Equity only
0.4 years
Top 20 Avg Time Held Equity only
0.3 years

Top Buys

Rank Stock Value
1
SPOT icon
Spotify
SPOT
+$115M
2
AAPL icon
Apple
AAPL
+$84M
3
CHD icon
Church & Dwight Co
CHD
+$80.8M
4
XLP icon
State Street Consumer Staples Select Sector SPDR ETF
XLP
+$78M
5
META icon
Meta Platforms (Facebook)
META
+$74.5M

Top Sells

Rank Stock Value
1
AMZN icon
Amazon
AMZN
+$159M
2
SNOW icon
Snowflake
SNOW
+$101M
3
WBA icon
Walgreens Boots Alliance
WBA
+$96.4M
4
NFLX icon
Netflix
NFLX
+$95M
5
KDP icon
Keurig Dr Pepper
KDP
+$89.5M

Sector Composition

Rank Sector Weight
1 Miscellaneous 39.34%
2 Consumer Discretionary 25.37%
3 Consumer Staples 9.45%
4 Communication Services 9.41%
5 Industrials 8.8%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow Held Since
DAL icon
1
CALL
Delta Air Lines
DAL
$50.4B
$289M 7.02%
5,100,800
+1,379,900
+37% +$78.7M
2024 Q1
6 quarters
SPY icon
2
PUT
State Street SPDR S&P 500 ETF Trust
SPY
$813B
$268M 6.5%
402,300
-124,900
-24% -$80.1M
2024 Q3
4 quarters
QQQ icon
3
PUT
Invesco QQQ Trust
QQQ
$488B
$242M 5.86%
402,300
-520,200
-56% -$298M
2023 Q1
10 quarters
UAL icon
4
United Airlines
UAL
$32.1B
$216M 5.24%
2,239,037
+624,752
+39% +$60.1M
2024 Q1
6 quarters
TPR icon
5
Tapestry
TPR
$22.8B
$148M 3.59%
1,305,329
+436,645
+50% +$45.7M
2024 Q4
3 quarters
AAPL icon
6
CALL
Apple
AAPL
$5.01T
$132M 3.19%
+516,900
New +$117M
2025 Q3
0 quarters
DAL icon
7
Delta Air Lines
DAL
$50.4B
$129M 3.12%
2,264,991
+388,317
+21% +$22.2M
2022 Q4
11 quarters
AS icon
8
Amer Sports
AS
$16.8B
$124M 3.01%
3,568,381
+702,091
+24% +$26.5M
2024 Q1
6 quarters
CNK icon
9
Cinemark Holdings
CNK
$4.43B
$121M 2.94%
4,330,951
-699,863
-14% -$19.3M
2024 Q1
6 quarters
SPOT icon
10
Spotify
SPOT
$108B
$115M 2.79%
+164,643
New +$115M
2025 Q3
0 quarters
YUM icon
11
Yum! Brands
YUM
$40B
$100M 2.44%
660,916
+119,673
+22% +$17.6M
2025 Q2
1 quarter
IWM icon
12
PUT
iShares Russell 2000 ETF
IWM
$76.4B
$97.3M 2.36%
402,300
-520,200
-56% -$119M
2024 Q3
4 quarters
AAPL icon
13
Apple
AAPL
$5.01T
$94.7M 2.3%
+371,747
New +$84M
2025 Q3
0 quarters
H icon
14
Hyatt Hotels
H
$15.1B
$89.6M 2.17%
631,290
+221,039
+54% +$31.7M
2025 Q2
1 quarter
CCL icon
15
Carnival Corporation Ltd
CCL
$34.9B
$89.5M 2.17%
3,097,517
-1,597
-0.1% -$48.2K
2025 Q2
1 quarter
EL icon
16
Estee Lauder
EL
$36.8B
$85M 2.06%
965,049
+423,806
+78% +$37.7M
2025 Q2
1 quarter
MDB icon
17
MongoDB
MDB
$28.7B
$79.3M 1.92%
+255,493
New +$65.7M
2025 Q3
0 quarters
NKE icon
18
CALL
Nike
NKE
$52.4B
$76.9M 1.87%
1,102,900
+696,900
+172% +$51.9M
2025 Q1
2 quarters
XLP icon
19
State Street Consumer Staples Select Sector SPDR ETF
XLP
$14.4B
$75.6M 1.83%
+965,050
New +$78M
2025 Q3
0 quarters
CHD icon
20
Church & Dwight Co
CHD
$24.3B
$75.5M 1.83%
+861,651
New +$80.8M
2025 Q3
0 quarters
ALK icon
21
CALL
Alaska Air
ALK
$3.99B
$75.5M 1.83%
1,516,500
-1,189,700
-44% -$66.2M
2025 Q1
2 quarters
DECK icon
22
PUT
Deckers Outdoor
DECK
$11.3B
$74.8M 1.81%
+737,400
New +$80.4M
2025 Q3
0 quarters
META icon
23
Meta Platforms (Facebook)
META
$1.88T
$73.5M 1.78%
+100,058
New +$74.5M
2025 Q3
0 quarters
ULTA icon
24
Ulta Beauty
ULTA
$25.3B
$71.1M 1.73%
130,101
+101,510
+355% +$52M
2025 Q2
1 quarter
ARKK icon
25
PUT
ARK Innovation ETF
ARKK
$8.79B
$69.4M 1.68%
804,500
-223,400
-22% -$17.1M
2025 Q2
1 quarter
1
2 3 4

Similar funds

PFPT
Pinnacle Financial Partners (Tennessee) Nashville, Tennessee $4.18B AUM 16.01% 1-Year Est. Return
SIG
Stonegate Investment Group Birmingham, Alabama $4.31B AUM 18.07% 1-Year Est. Return
WKKFT
W.K. Kellogg Foundation Trust Battle Creek, Michigan $3.7B AUM 1.51% 1-Year Est. Return
LNWWM
Laird Norton Wetherby Wealth Management San Francisco, California $2.45B AUM
TAM
Thematics Asset Management Paris, France $2.2B AUM 18.17% 1-Year Est. Return
PHK
Point72 Hong Kong Hong Kong $2.18B AUM 89.02% 1-Year Est. Return
CCA
Cobblestone Capital Advisors Rochester, New York $2.08B AUM 17.27% 1-Year Est. Return
AF
Apexium Financial Dallas, Texas $2.06B AUM 15.96% 1-Year Est. Return

Candlestick Capital Management's Q3 2025 Portfolio in Review

As of Q3 2025, Candlestick Capital Management held 100 positions worth $4.12B, down 21% from $5.23B the previous quarter. Its ten largest holdings account for 43% of the portfolio.

Candlestick Capital Management withdrew a net $555M in Q3 2025, closing 45 positions and reducing 14 holdings. Its most notable exit was Amazon, an estimated $159M position sold in full.

By sector, the portfolio is most concentrated in Miscellaneous at 39% of assets, down from 43% a quarter earlier, followed by Consumer Discretionary and Consumer Staples.

Against the trend, Candlestick Capital Management opened a new position in Spotify worth $115M.

  • Candlestick Capital Management's largest Q3 2025 buy was Spotify: 164,643 shares worth $115M.
  • Candlestick Capital Management added most to United Airlines in Q3 2025, an estimated $60.1M increase.
  • Candlestick Capital Management's biggest Q3 2025 reduction was Microsoft, cutting an estimated $79.1M.
  • Candlestick Capital Management fully exited Amazon in Q3 2025, selling an estimated $159M.
  • Candlestick Capital Management's ten largest holdings make up 43% of its $4.12B portfolio in Q3 2025.
  • Candlestick Capital Management opened 27 new positions and closed 45 in Q3 2025.
  • Candlestick Capital Management's portfolio value fell 21% quarter-over-quarter to $4.12B.

Based on Candlestick Capital Management's 13F filing for Q3 2025, filed 14 Nov 2025.