BRIGHTLIGHT CAPITAL MANAGEMENT LP
CIK 1802838 · View on SEC EDGAR ↗
- Portfolio value
- $101.4M
- Positions
- 8
- As of
- March 31, 2026 Data as of Q1 2026
Portfolio value QoQ: -27.9% 13F does not disclose cash
- Top 10 holdings weight
- 100.00%
- Top 25 holdings weight
- 100.00%
- Positions above 1%
- 7
- Effective number of positions
- 4.3
Based on 13F long-equity holdings only (cash, bonds, shorts not disclosed)
Turnover Q1 2026: 7.25% Est. buys $8,778,231 · sells $35,943,234
Median holding: 4.0 quarters Tracked Q4 2024–Q1 2026 · 57.1% still held
- New positions
- 1
- Increased
- 0
- Decreased
- 7
- Closed
- 2
On this page
- Performance vs S&P How this manager's 13F portfolio performed against the S&P 500.
- Sector breakdown How the portfolio splits across market sectors.
- Portfolio Every stock this institution reports holding, from its latest 13F.
- Biggest new bets Brand-new positions opened in the latest quarter.
- Top moves The biggest position increases and decreases this quarter.
- Exited positions Positions the manager fully sold out of last quarter.
Performance vs S&P 500
Annualized: +14.4% · S&P 500: +9.2%
Approximates a buy-and-hold portfolio built from quarterly SEC 13F snapshots. Excludes cash, short positions, options/derivatives, and non-13(f) securities — reflects the disclosed long-equity book only, not total fund AUM. SEC filing lag is up to 45 days; this is not a real-time-copyable timing.
Priceable coverage: 100.0% · Options excluded: 0.0%
Sector breakdown
Full portfolio 8 positions
| Type | Streak | 8Q trend | |||||
|---|---|---|---|---|---|---|---|
| CVNA Carvana Co. Class A Common Stock | $28,062,502 | 27.68% | 89,263 | $-11,100,954 | Down ×4 | ||
| ARCO Arcos Dorados Holdings Inc. Class A Shares | $27,511,770 | 27.14% | 3,334,760 | $2,065,458 | Down ×1 | ||
| KSPI Joint Stock Company Kaspi.kz - American Depository Shares | $27,497,376 | 27.12% | 371,235 | $-6,254,784 | Down ×1 | ||
| HNI HNI Corporation Common Stock | $8,778,231 | 8.66% | 262,900 | Up ×1 | |||
| AAMI Acadian Asset Management Inc. Common Stock | $5,452,884 | 5.38% | 100,200 | $381,584 | Down ×3 | ||
| PAL Proficient Auto Logistics, Inc. - Common Stock | $1,957,386 | 1.93% | 288,700 | $-1,500,482 | Down ×1 | ||
| HGV Hilton Grand Vacations Inc. Common Stock | $1,790,914 | 1.77% | 45,780 | $-11,777,286 | Down ×2 | ||
| SNBR Sleep Number Corporation - Common Stock | $322,023 | 0.32% | 179,400 | $-1,704,147 | Down ×2 | ||
| No matches | |||||||
Biggest new bets
New positions opened this quarter, largest first.
| Security | Value | Shares | % of portfolio |
|---|---|---|---|
| HNI | $8,778,231 | 262,900 | 8.66% |
Top movers (QoQ)
| Security | Action | Shares Δ | Value Δ |
|---|---|---|---|
| CVNA | Trimmed | -4K | -$11.1M |
| KSPI | Trimmed | -61K | -$6.3M |
| ARCO | Trimmed | -132K | +$2.1M |
| PAL | Trimmed | -70K | -$1.5M |
| AAMI | Trimmed | -8K | +$382K |
2 positions hidden (data completeness check)
Exited positions
Includes corporate events (mergers, delistings) — not all exits are sells
Closed positions reflect 13F reporting changes; for index managers these are often mechanical (delisting, M&A, index rebalancing), not active decisions.
| Security | Quarter | Shares before | Value before | Price since exit |
|---|---|---|---|---|
| HEPS | Dec. 31, 2025 | 6,305,000 | $16,960,450 | 9.3% |
| PAAS | March 31, 2025 | 693,100 | $14,014,482 | 103.7% |
| SFD | March 31, 2026 | 450,800 | $10,066,364 | -20.6% |
| MLCO | March 31, 2026 | 1,070,400 | $8,102,928 | -4.0% |
| VAL | Sept. 30, 2025 | 151,500 | $6,379,665 | 84.0% |
| ASLE | June 30, 2025 | 215,779 | $1,616,185 | -7.2% |