Engle Capital Management portfolio
Concentrated managerInvestment firmPortfolio as of Jun 30, 2026 (Q2 2026) · filed with the SEC on Aug 14, 2026 · data updated on Nov 5, 2026 · Q2 2026 13F (filing) ↗ · all its 13F filings ↗
A 13F shows the portfolio at quarter-end and is filed up to 45 days later: these are not real-time positions and they may have changed.
Engle Capital Management reported a $364M portfolio of 20 positions to the SEC as of the end of Q2 2026. Its largest positions are WULF, CDNL, ROAD. During the quarter it exited Forgent Power Solutions and Fermi.
Sections with a free account
What changed this quarter
22 positions with a change (1 new, 6 added to, 10 trimmed, 5 sold); also, 2 entered through an IPO. 12 are listed here: those of 0.5 points of the portfolio or more (up to 12).
- Newly listedSuncreteRMIX1.8% of the portfolio
- Newly listedApplied Aerospace & DefenseAADX0.9% of the portfolio
It started trading this quarter: it appears in a 13F for the first time. The filing does not say whether the manager already held it before the listing, so it is not counted as a purchase.
- Legence−29%fewer sharesReduced9.8% → 8.5%
- Cardinal Infrastructure Group+41%more sharesIncreased4.3% → 11.6%
- Comfort Systems USA−71%fewer sharesReduced3.9% → 1.3%
- Construction Partners+45%more sharesIncreased7.8% → 9.7%
- Forgent Power Solutions−2.9 ppof portfolioSold out3.6% → —
- Flowserve−43%fewer sharesReduced6.3% → 2.9%
- Sterling Infrastructure−35%fewer sharesReduced3.7% → 4.0%
- Marex Group−61%fewer sharesReduced3.1% → 1.3%
- Terawulf−8.6%fewer sharesReduced14.5% → 18.3%
- Alphabet+63%more sharesIncreased2.6% → 4.2%
- Fermi−1.6 ppof portfolioSold out2.0% → —
- AerCap Holdings−22%fewer sharesReduced7.7% → 5.1%
The figure on the right: for positions added to or trimmed, the change in the number of shares (%); for new and sold ones, the points of the portfolio moved (pp). Below, the portfolio weight before → after. Traded weight: what it bought or sold, excluding price effects.
Top holdings
- TerawulfWULF18.3%
- Cardinal Infrastructure GroupCDNL11.6%
- Construction PartnersROAD9.7%
- BBB FoodsTBBB8.9%
- LegenceLGN8.5%
- Talen EnergyTLN5.7%
- Cipher DigitalCIFR5.2%
- AerCap HoldingsAER5.1%
- AlphabetGOOGL4.2%
- Hut 8HUT4.1%
- Sterling InfrastructureSTRL4.0%
- Stepstone GroupSTEP3.4%
- FlowserveFLS2.9%
- SuncreteRMIX1.8%
- CamecoCCJ1.5%
“Since”: first quarter of the current run, unbroken until today. In the details, prices are the quarter-end prices of the quarters in which it added shares, per the 13F. The manager may have bought at any price within each quarter; the SEC only publishes the value at quarter end.
Portfolio by sector
- ● Industrials 45%
- ● Information Technology 28%
- ● Consumer Staples 9%
- ● Utilities 6%
- ● Financials 5%
- ● Communication Services 4%
- ● Materials 2%
- ● Energy 2%
How its portfolio changed (8 quarters)
Q2 2026: 20
Q2 2026: 81%
Q2 2026: 19.9%
Traded turnover: the weight it bought plus the weight it sold in the quarter, divided by two, excluding price moves. The plain “turnover” in the header does include that effect. With a free account: the full history and sectors over time.
Stakes above 5% (13D/13G)
Companies where this filer reported holding 5% or more of the shares. It is the figure from its latest filing on each one; history since December 2024.
How we classify it
Investment firm, per its Form ADV of Mar 30, 2026 (high confidence).
The data, as reported: ENGLE CAPITAL MANAGEMENT, L.P. (CRD 178525): 7.B private funds: 1 hedge (gross assets $399M); 5.D assets by client type: pooled vehicles 100% (of $492M) · 13F: 27% of the portfolio was already held when the stock started trading
The type comes from a rule applied to that data. If it looks wrong, tell us.
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