Engle Capital Management, L.P.
In its 13F for Q2 2026 (holdings as of June 30, 2026, filed August 14, 2026), Engle Capital Management, L.P. reported 20 stock positions worth $364.1 million. Its top holding was Terawulf (WULF) at 18.3% of the portfolio, followed by Cardinal Infrastructure GR-A (CDNL, 11.6%) and Construction Partners Class A (ROAD, 9.7%). Compared with Q1 2026, it opened 3 new positions, sold out of 5, added to 6 and reduced 11. The biggest buy was Cardinal Infrastructure GR-A (CDNL, shares +41%) and the biggest sale an exit from Forgent Power Solutions Class A (FPS).
- Most Recent 13F
- Q2 2026
- Location
- GREENWICH, CT
- CIK
- 0001684868
- Portfolio Value
- $364.1M (Q2 2026)
- SEC Filing
- 0001385642-26-000008 ↗ filed Aug 14, 2026
Holdings Value
Holdings 20 stocks · $364.1M
| WULF Terawulf Inc. | 18.28% | 2,695,200 | $66.6M | Reduce -8.6% |
| CDNL Cardinal Infrastructure GR-A | 11.58% | 447,655 | $42.2M | Add +40.8% |
| ROAD Construction Partners Inc. Class A | 9.72% | 298,118 | $35.4M | Add +45.4% |
| TBBB BBB Foods Inc. Class A | 8.88% | 775,574 | $32.3M | Add +8.5% |
| LGN Legence Corp. Class A | 8.48% | 362,199 | $30.9M | Reduce -29.1% |
| TLN Talen Energy Corp. | 5.74% | 54,400 | $20.9M | Reduce -13.0% |
| CIFR Cipher Digital Inc. | 5.19% | 771,283 | $18.9M | Reduce -0.7% |
| AER Aercap Holdings NV | 5.12% | 127,802 | $18.6M | Reduce -22.1% |
| GOOGL Alphabet Inc. Class A | 4.22% | 42,968 | $15.4M | Add +63.0% |
| HUT Hut 8 Corp. | 4.13% | 130,339 | $15.0M | Reduce -13.0% |
| STRL Sterling Infrastructure Inc. | 3.96% | 17,196 | $14.4M | Reduce -35.1% |
| STEP Stepstone Group Inc. Class A | 3.41% | 300,000 | $12.4M | Add +26.5% |
| FLS Flowserve Corp. | 2.91% | 143,000 | $10.6M | Reduce -42.8% |
| RMIX Suncrete Inc. Class A | 1.78% | 288,104 | $6.5M | New |
| CCJ Cameco Corp. | 1.52% | 54,347 | $5.5M | Add +76.3% |
| MRX Marex UK Holdings Ltd. filed as MAREX GROUP PLC | 1.32% | 79,037 | $4.8M | Reduce -60.7% |
| FIX Comfort Systems USA Inc. | 1.32% | 2,417 | $4.8M | Reduce -71.2% |
| DY Dycom Industries Inc. | 1.27% | 9,160 | $4.6M | New |
| AADX Applied Aerospace & Defense | 0.92% | 146,787 | $3.3M | New |
| CVNA Carvana Co. | 0.24% | 13,316 | $876K | Reduce -77.8% |
Portfolio Sells Q1 2026 → Q2 2026
| FPS Forgent Power Solutions Class A | Sold out | 0.00% | −3.62 |
| FLS Flowserve Corp. | Reduce -42.8% | 2.91% | −3.35 |
| FIX Comfort Systems USA Inc. | Reduce -71.2% | 1.32% | −2.63 |
| AER Aercap Holdings NV | Reduce -22.1% | 5.12% | −2.55 |
| FRMI Fermi Inc. | Sold out | 0.00% | −2.02 |
| MRX Marex UK Holdings Ltd. | Reduce -60.7% | 1.32% | −1.73 |
| LGN Legence Corp. Class A | Reduce -29.1% | 8.48% | −1.35 |
| AMRZ Amrize Ltd. | Sold out | 0.00% | −1.27 |
| META Meta Platforms Inc. Class A | Sold out | 0.00% | −1.27 |
| TLN Talen Energy Corp. | Reduce -13.0% | 5.74% | −1.06 |
| CVNA Carvana Co. | Reduce -77.8% | 0.24% | −1.04 |
| COMP Compass Inc. Class A | Sold out | 0.00% | −0.75 |
| STRL Sterling Infrastructure Inc. | Reduce -35.1% | 3.96% | +0.29 |
| HUT Hut 8 Corp. | Reduce -13.0% | 4.13% | +1.74 |
| CIFR Cipher Digital Inc. | Reduce -0.7% | 5.19% | +1.78 |
| WULF Terawulf Inc. | Reduce -8.6% | 18.28% | +3.78 |
Portfolio Buys Q1 2026 → Q2 2026
| CDNL Cardinal Infrastructure GR-A | Add +40.8% | 11.58% | +7.29 |
| ROAD Construction Partners Inc. Class A | Add +45.4% | 9.72% | +1.96 |
| RMIX Suncrete Inc. Class A | New | 1.78% | +1.78 |
| GOOGL Alphabet Inc. Class A | Add +63.0% | 4.22% | +1.64 |
| DY Dycom Industries Inc. | New | 1.27% | +1.27 |
| AADX Applied Aerospace & Defense | New | 0.92% | +0.92 |
| CCJ Cameco Corp. | Add +76.3% | 1.52% | +0.38 |
| TBBB BBB Foods Inc. Class A | Add +8.5% | 8.88% | +0.26 |
| STEP Stepstone Group Inc. Class A | Add +26.5% | 3.41% | −0.45 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 20 | $364.1M | WULF, CDNL, ROAD, TBBB, LGN |
| Q1 2026 | 22 | $293.5M | WULF, LGN, TBBB, ROAD, AER |
| Q4 2025 | 27 | $259.1M | TLN, TBBB, LGN, ROAD, VST |
| Q3 2025 | 23 | $283.5M | TLN, TBBB, QXO, VST, CVNA |
| Q2 2025 | 25 | $331.6M | KD, AER, GDDY, TLN, TBBB |
| Q1 2025 | 22 | $240.3M | GDDY, AER, KD, ACVA, ALL |
| Q4 2024 | 24 | $334.2M | KD, TLN, GDDY, SN, WK |
| Q3 2024 | 20 | $340.1M | TLN, SN, ACVA, FISV, TBBB |
| Q2 2024 | 21 | $295.8M | SN, NVT, ACVA, KKR, NU |
| Q1 2024 | 28 | $358.7M | SN, ACVA, VRT, NVT, TBBB |