Brightlight Capital Management LP 13F holdings, Q2 2025
Holdings as of June 30, 2025 · filings on SEC EDGAR · latest filing →
Brightlight Capital Management LP disclosed 10 US equity positions worth $181.2m in its Q2 2025 13F filing. The largest position was CVNA at 29.4% of the reported book, followed by KSPI and HEPS. Against the Q1 2025 filing, it opened 2 new positions, added to 2 and reduced 2 among the top 10 holdings.
What did Brightlight Capital Management LP own in Q2 2025? Top 10 positions
| # | Stock | Sector | Weight | Value | Shares | Δ shares | vs Q1 2025 |
|---|---|---|---|---|---|---|---|
| 1 | CVNA CARVANA CO | Consumer Cyclical | 29.4% | $53.2m | 158,000 | -30% | reduced |
| 2 | KSPI KASPI KZ JSC | 20.2% | $36.7m | 432,000 | 35% | added | |
| 3 | HEPS D MARKET ELECTR SVCS & TRADI | 9.4% | $17.0m | 6,304,070 | 5% | added | |
| 4 | HGV HILTON GRAND VACATIONS INC | Consumer Cyclical | 8.8% | $15.9m | 382,700 | 0% | held |
| 5 | ARCO ARCOS DORADOS HOLDINGS INC | Consumer Cyclical | 8.3% | $15.0m | 1,897,600 | – | new |
| 6 | MLCO MELCO RESORTS AND ENTMNT LTD | Consumer Cyclical | 6.4% | $11.6m | 1,598,900 | -44% | reduced |
| 7 | SFD SMITHFIELD FOODS INC | Consumer Defensive | 6.0% | $10.9m | 462,200 | 0% | held |
| 8 | SNBRQ SLEEP NUMBER CORP | Consumer Cyclical | 4.1% | $7.5m | 1,111,700 | 0% | held |
| 9 | AAMI ACADIAN ASSET MANAGEMENT INC | Financial Services | 3.9% | $7.0m | 200,000 | – | new |
| 10 | VALARIS LTD | 3.5% | $6.4m | 151,500 | 0% | held |
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.