Brightlight Capital Management LP holds a concentrated book of 8 reported positions worth $101.4M as of Q1 2026 (disclosed May 15, 2026, a ~45-day 13F lag). This quarter they opened Hni Corp and trimmed Carvana Co. Their largest long position is Carvana Co at 28% of the reported non-option book. Cloning the disclosed picks since 2020 would be -19% (-3.1%/yr). That is a simulation of the disclosed long book, not audited returns.
The reported book (valued from quarter-end) returned +36.1%, a 54.7-point gap that is the cost of the ~45-day 13F disclosure lag a real follower can't avoid.
Growth of $10,000 cloning Brightlight Capital Management LP's disclosed long 13F book, rebalanced on each filing date (so it reflects each quarter's actual reporting lag, ~45 days for the latest filing, with no look-ahead), total-return basis (dividends reinvested), derived from end-of-day prices. “Their reported book” values the same picks from quarter-end, before they were public. S&P 500 is SPY total return over the same window. Excludes shorts, cash, options and non-13F holdings. Not investment advice.
Top-heavy: concentrated book
Share of the disclosed book in its largest positions. A higher top-5 share means a more concentrated, higher-conviction portfolio.
100% mapped to company sectors
+1 sector below the cut, under 0.5% together
Direct operating-company sectors from our SIC-based security master. ETF/fund and unclassified holdings stay visible separately; this is not ETF look-through exposure.
Estimated $ traded · quarter-end prices (an exit at the prior quarter-end), no cost basis
Other tracked managers holding the same core names as Brightlight Capital Management LP
| Manager / fund | Shared names | Their $ in those |
|---|---|---|
| CAS Investment Partners, LLC | 2 / 8 | $1.8B |
| North Peak Capital Management, LLC | 2 / 8 | $385.0M |
| Axxion S.A. | 2 / 8 | $127.7M |
| 683 Capital Management, LLC | 3 / 8 | $126.2M |
| ABS Direct Equity Fund LLC | 2 / 8 | $6.7M |
| Capricorn Fund Managers Ltd | 2 / 8 | $41.6M |
| Sands Capital Management, LLC | 2 / 8 | $689.7M |
| VELA Investment Management, LLC | 2 / 8 | $4.8M |
Ranked by the share of each fund's own book sitting in the names it shares with Brightlight Capital Management LP: only funds sharing at least a tenth of the book qualify. Index giants, bank custody books and market makers are excluded. They hold everything, so their overlap says nothing.
Bars show each position's share of the portfolio. Click a row for its position history.
| # | Security | Value | Shares | % Port | Last move | History |
|---|---|---|---|---|---|---|
| 1 | Carvana Co CL A | $28.1M | 89.3K | 27.7% | ▼−3.8% Reduced · −4K sh | |
| 2 | Arcos Dorados Hldgs Inc SHS CLASS -A - | $27.5M | 3.33M | 27.1% | ▼−3.8% Reduced · −132K sh | |
| 3 | Kaspi KZ JSC SPONSORED ADS | $27.5M | 371.2K | 27.1% | ▼−14% Reduced · −61K sh | |
| 4 | Hni Corp COM | $8.8M | 262.9K | 8.7% | ▲New New position | |
| 5 | Acadian Asset Management Inc COM | $5.5M | 100.2K | 5.4% | ▼−7.1% Reduced · −8K sh | |
| 6 | Proficient Auto Logistics In COM | $2.0M | 288.7K | 1.9% | ▼−20% Reduced · −70K sh | |
| 7 | Hilton Grand Vacations Inc COM | $1.8M | 45.8K | 1.8% | ▼−85% Reduced · −257K sh | |
| 8 | Sleep Number Corp COM | $322K | 179.4K | 0.3% | ▼−25% Reduced · −60K sh |
This fund page is the Follow view. The Build view lets your agent pull holdings, quarter changes, overlap, and source filings through API or MCP.
curl -H "Authorization: Bearer YOUR_API_KEY" \ "https://arkolith.com/api/v1/funds/1802838/holdings"
Use Arkolith to show BRIGHTLIGHT CAPITAL MANAGEMENT LP's latest holdings, largest changes, and filing provenance.
As-of date vs the date the SEC received each filing
Reported 13F total per quarter. Raw filing totals can include option notional.
| Quarter | As of | Filed | Lag | Positions | Value | Form |
|---|---|---|---|---|---|---|
| Q1 2026 | Mar 31, 2026 | May 15, 2026 | 45d | 8 | $101.4M | 13F-HR |
| Q4 2025 | Dec 31, 2025 | Feb 17, 2026 | 48d | 9 | $140.7M | 13F-HR |
| Q3 2025 | Sep 30, 2025 | Nov 14, 2025 | 45d | 10 | $165.2M | 13F-HR |
| Q2 2025 | Jun 30, 2025 | Aug 14, 2025 | 45d | 10 | $181.2M | 13F-HR |
| Q1 2025 | Mar 31, 2025 | May 15, 2025 | 45d | 9 | $148.0M | 13F-HR |
| Q4 2024 | Dec 31, 2024 | Feb 14, 2025 | 45d | 8 | $136.8M | 13F-HR |
| Q3 2024 | Sep 30, 2024 | Nov 14, 2024 | 45d | 13 | $207.6M | 13F-HR |
| Q2 2024 | Jun 30, 2024 | Aug 14, 2024 | 45d | 12 | $187.0M | 13F-HR |
| Q1 2024 | Mar 31, 2024 | May 15, 2024 | 45d | 12 | $176.9M | 13F-HR |
| Q4 2023 | Dec 31, 2023 | Feb 14, 2024 | 45d | 10 | $138.6M | 13F-HR |
| Q3 2023 | Sep 30, 2023 | Nov 14, 2023 | 45d | 10 | $142.4M | 13F-HR |
| Q2 2023 | Jun 30, 2023 | Aug 14, 2023 | 45d | 9 | $122.5M | 13F-HR |
| Q1 2023 | Mar 31, 2023 | May 15, 2023 | 45d | 10 | $220.4M | 13F-HR |
| Q4 2022 | Dec 31, 2022 | Feb 14, 2023 | 45d | 12 | $236.1M | 13F-HR |
| Q3 2022 | Sep 30, 2022 | Nov 9, 2022 | 40d | 10 | $139.0M | 13F-HR |
| Q2 2022 | Jun 30, 2022 | Aug 10, 2022 | 41d | 12 | $159.6M | 13F-HR |
| Q1 2022 | Mar 31, 2022 | Jun 21, 2022 | 82d | 11 | $238.0M | 13F-HR/A |
| Q4 2021 | Dec 31, 2021 | Feb 8, 2022 | 39d | 12 | $249.9M | 13F-HR |
| Q3 2021 | Sep 30, 2021 | Nov 12, 2021 | 43d | 12 | $233.5M | 13F-HR |
| Q2 2021 | Jun 30, 2021 | Aug 13, 2021 | 44d | 13 | $278.9M | 13F-HR |
| Q1 2021 | Mar 31, 2021 | May 14, 2021 | 44d | 11 | $241.5M | 13F-HR |
| Q4 2020 | Dec 31, 2020 | Feb 16, 2021 | 47d | 10 | $245.9M | 13F-HR |
| Q3 2020 | Sep 30, 2020 | Nov 16, 2020 | 47d | 11 | $211.7M | 13F-HR |
Holdings from SEC EDGAR 13F-HR filings, updated quarterly, filed up to 45 days after quarter-end. Public domain. Book totals and portfolio weights cover reported non-option positions, which can include notes and warrants. Disclosed put/call options are listed separately and excluded from those totals. The performance line is a simulation of the disclosed long book, not an audited return.