Brightlight Capital Management LP 13F holdings, Q1 2025
Holdings as of March 31, 2025 · filings on SEC EDGAR · latest filing →
Brightlight Capital Management LP disclosed 9 US equity positions worth $148.0m in its Q1 2025 13F filing. The largest position was CVNA at 32.1% of the reported book, followed by KSPI and HEPS. Against the Q4 2024 filing, it opened 2 new positions, added to 4 and reduced 1 among the top 9 holdings.
What did Brightlight Capital Management LP own in Q1 2025? Top 9 positions
| # | Stock | Sector | Weight | Value | Shares | Δ shares | vs Q4 2024 |
|---|---|---|---|---|---|---|---|
| 1 | CVNA Carvana Co | Consumer Cyclical | 32.1% | $47.5m | 227,300 | 22% | added |
| 2 | KSPI KASPI KZ JSC | 20.1% | $29.8m | 320,900 | 0% | held | |
| 3 | HEPS D MARKET ELECTR SVCS & TRADI | 11.6% | $17.2m | 6,022,840 | 26% | added | |
| 4 | MLCO Melco Resorts & Entertainment | Consumer Cyclical | 10.2% | $15.1m | 2,873,100 | – | new |
| 5 | HGV Hilton Grand Vacations Inc | Consumer Cyclical | 9.7% | $14.3m | 382,700 | 0% | held |
| 6 | SFD Smithfield Foods Inc | Consumer Defensive | 6.4% | $9.4m | 462,200 | – | new |
| 7 | SNBRQ Sleep Number Corp | Consumer Cyclical | 4.8% | $7.0m | 1,111,700 | 13% | added |
| 8 | Valaris Ltd | 4.0% | $5.9m | 151,500 | 12% | added | |
| 9 | ASLE Aersale Corporation | 1.1% | $1.6m | 215,779 | -67% | reduced |
Weights are shares of the reported long US equity book (options excluded). Values are as filed, normalised to whole dollars. Share changes compare against the immediately preceding filing only.