13F Insight
DOSSIER · 13F-HR · Q1 2026

BRIGHTLIGHT CAPITAL MANAGEMENT LP

$101M in tracked AUM across 8 positions as of Q1 2026.

BC
CIK 0001802838 · last filed Mar 31, 2026
Total AUM
$101M
as of Q1 2026
Holdings
8
—
positions
Whale Score
69
69
tracked
Activity
—
no data
changes this Q
AI Analysis · Q1 2026
Comprehensive Analysis of Brightlight Capital Management LP 13F Filing
Portfolio Overview

Brightlight Capital Management LP reported a significant contraction in portfolio assets during the quarter ending September 30, 2025. The total portfolio value decreased by 44.6%, dropping from $181.17 million to $100.36 million. This reduction is not solely attributable to market performance but is largely the result of active capital redeployment, evidenced by the exit from four major p...

The fund currently maintains a highly concentrated portfolio consisting of only 7 holdings. This low number of securities indicates a high-conviction strategy where the manager allocates substantial capital to specific ideas rather than broad diversification. The turnover rate was high this quarter, with significant activity including one new position, four complete exits, and adjustments to existing stakes.

Key Holdings

The portfolio is dominated by a few large positions, with the top three holdings comprising approximately 67.9% of the total assets.

Quarter at a glance — Q1 2026

Position-change comparison pending.

No quarter-over-quarter changes available.

Top 10 holdings

By portfolio weight as of Q1 2026.

#HoldingValueSharesWeight
01
CVNA
CARVANA CO
$28M89K27.7%02
G0457F107
ARCOS DORADOS HLDGS INC
$28M3.3M27.1%03
KSPI
KASPI KZ JSC
$27M371K27.1%04
HNI
HNI CORP
$9M263K8.7%05
AAMI
ACADIAN ASSET MANAGEMENT INC
$5M100K5.4%06
PAL
PROFICIENT AUTO LOGISTICS IN
$2M289K1.9%07
HGV
HILTON GRAND VACATIONS INC
$2M46K1.8%08
SNBR
SLEEP NUMBER CORP
$322K179K0.3%

Filing history

2026Q1Mar 31
$101M▼ 27.9%
8 positionsView →2025Q4Dec 31
$141M▲ 40.2%
9 positionsView →2025Q3Sep 30
$100M▼ 44.6%
7 positionsView →2025Q2Jun 30
$181M▲ 138.7%
10 positionsLocked2025Q1Mar 31
$76M▼ 44.5%
6 positionsLocked2024Q4Dec 31
$137M▼ 34.1%
8 positionsLocked2024Q3Sep 30
$208M▲ 11.1%
13 positionsLocked2024Q2Jun 30
$187M▲ 5.7%
12 positionsLocked2024Q1Mar 31
$177M▲ 27.6%
12 positionsLocked2023Q4Dec 31
$139M▼ 2.6%
10 positionsLocked2023Q3Sep 30
$142M▲ 16.2%
10 positionsLocked2023Q2Jun 30
$123M▼ 44.4%
9 positionsLocked
Showing 12 of 26