BRIGHTLIGHT CAPITAL MANAGEMENT LP
Sector Allocation
- Consumer Discretionary65.6%$66.5M
- Industrials29.1%$29.5M
- Financials5.4%$5.5M
AUM History
13fpro.ai/research/fund/brightlight-capital-management-lp-1802838
Conviction and streaks
Stable · top 10 = 100.0%From the fund's last 12 quarters of 13F filings: positions held longest at size, and names it added to or trimmed several quarters running.
Largest positions — Q1 2026
Top 20 stock positions. Options are left out: 13F reports them at the underlying's value.
13fpro.ai/research/fund/brightlight-capital-management-lp-1802838
BRIGHTLIGHT CAPITAL MANAGEMENT LP 13F holdings — Q1 2026
$101.4M portfolio (-27.9% QoQ) · 8 holdings · Q1 2026 13F · top 10 are 100% of the stock portfolio
$28.1M
27.7% of stocks
-4%This quarter-11.8%Since filed9+ qtrsHeldAIQuality71.8#172Est. buyEstimated buy price is Pro: unlock with a free trialTrimmed 4 qtrs in a row$27.5M
27.1% of stocks
-4%This quarter-13.9%Since filed4 qtrsHeld$27.5M
27.1% of stocks
-14%This quarter+3.8%Since filed9+ qtrsHeld$8.8M
8.7% of stocks
NewThis quarter+59.3%Since filedNew this quarterHeld$5.5M
5.4% of stocks
-7%This quarter+36.4%Since filed4 qtrsHeldAIQuality70.4#209Est. buyEstimated buy price is Pro: unlock with a free trialTrimmed 3 qtrs in a row$2.0M
1.9% of stocks
-20%This quarter-50.4%Since filed3 qtrsHeld$1.8M
1.8% of stocks
-85%This quarter-20.4%Since filed9+ qtrsHeldAIQualityAI quality score is Pro: unlock with a free trialEst. buyEstimated buy price is Pro: unlock with a free trialTrimmed 2 qtrs in a row$322.0K
0.3% of stocks
-25%This quarter—Since filed9+ qtrsHeldAIQualityAI quality score is Pro: unlock with a free trialEst. buyEstimated buy price is Pro: unlock with a free trialTrimmed 2 qtrs in a row
What changed in Q1 2026
Against the previous quarter's 13F: 1 new, 0 added to, 7 trimmed, 2 sold out. Share-count changes; largest moves by dollar size first.
New positions (1)
$HNIHNI CORP$8.8M
first bought this quarter
Added to (0)
No positions added to this quarter.
Trimmed (7)
$HGVHilton Grand Vacations Inc.-85%
now $1.8M · held 9+ qtrs, 2 trims in a row
$KSPIJoint Stock Co Kaspi.kz-14%
now $27.5M · held 9+ qtrs
$CVNACARVANA CO.-4%
now $28.1M · held 9+ qtrs, 4 trims in a row
$ARCOArcos Dorados Holdings Inc.-4%
now $27.5M · held 4 qtrs
$PALProficient Auto Logistics, Inc-20%
now $2.0M · held 3 qtrs
$AAMIAcadian Asset Management Inc.-7%
now $5.5M · held 4 qtrs, 3 trims in a row
+1 more in the Excel export
Holdings by quarter
Every 13F BRIGHTLIGHT CAPITAL MANAGEMENT LP has filed, 25 earlier quarters. Pick one to see what it held then.
Is it too late to follow BRIGHTLIGHT CAPITAL MANAGEMENT?
Q1 2026 13F filed with the SEC on May 15, 2026. Prices are closing prices as of Oct 27, 2026.
Average quality of BRIGHTLIGHT CAPITAL MANAGEMENT's top 20 holdings: 68/100 (our AI quality score, weighted by position size; 5 of the 20 are scored)
Top 10 since filing
-0.3%
Value-weighted move of the 10 largest stock positions
Turnover
7%
Last quarter; 36% over the last 4
Top 10 weight
100%
Share of the stock portfolio in its 10 largest positions
Held 4+ quarters
89%
Share of portfolio value in positions held a year or more
Highest-quality names it owns(among its 100 largest positions)
The 5 highest-scoring companies in this portfolio are a Pro feature.
How these are measured
- Moves since the quarter-end and since the filing date use our own daily closing prices, from the close on (or just before) each date to the latest close.
- Turnover is the lesser of shares bought or sold in a quarter, valued at the quarter-end prices in the 13F, divided by the average of the two quarters' stock portfolio values.
- Quarters held and add/trim streaks count back only through quarters whose filed holdings add up to the filing's own cover-page total (back to Q1 2024 for this fund). A change counts as an add or a trim when the split-adjusted share count moves by more than 1%.
- Estimate, not the fund's reported cost. For each quarter in the current holding period in which the fund's share count rose (split-adjusted), we take that quarter's average daily close and weight it by the shares added; sales do not change an average cost. Quarters where the stock's price history and the 13F's own implied price disagree by more than 2x are left out.
- Put and call option rows report the value of the underlying shares, not a position the fund paid for, so they are left out of all of the above.
Portfolio Overview
BRIGHTLIGHT CAPITAL MANAGEMENT LP disclosed 8 positions worth $101.4M in its Form 13F-HR for Q1 2026, led by $CVNA (CARVANA CO.) at 27.7% of the equity portfolio, followed by $ARCO and $KSPI. During the quarter the fund opened 1 new position and exited 2 — including a new stake in $HNI and a full exit from $SFD. The portfolio is most concentrated in Consumer Discretionary (65.6% of disclosed assets). All figures are sourced directly from BRIGHTLIGHT CAPITAL MANAGEMENT LP’s Form 13F-HR filing with the SEC under CIK 1802838.
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AI-Powered Hedge Fund Analysis: BRIGHTLIGHT CAPITAL MANAGEMENT LP
13F Pro is an AI hedge fund tracker and stock research platform. For BRIGHTLIGHT CAPITAL MANAGEMENT LP (SEC CIK: 1802838), the platform ingests every quarterly Form 13F filing and applies AI-powered analysis on top — 10 specialized AI analysts (value, growth, momentum, macro, activist, and more) debate the fund's top positions and publish AI-generated analysis with cited SEC sources.
Every holding in BRIGHTLIGHT CAPITAL MANAGEMENT LP's portfolio is scored on an AI quality ranking built from its SEC filings (ROIC, FCF margin, revenue growth, institutional flow, earnings quality, shareholder dilution, and more). Track accumulation and distribution quarter over quarter, identify conviction positions, and see AI stock analysis for each position — alongside 8,700+ other institutional filers and 2,800+ AI-ranked companies.