Alight Capital Management LP In its 13F for Q1 2025 (holdings as of March 31, 2025, filed May 15, 2025), Alight Capital Management LP reported 44 stock positions worth $189.7 million . Its top holding was SS SPDR S&P 500 ETF Trust-US (SPY) at 10.3% of the portfolio, followed by Microsoft (MSFT, 7.9% ) and Take-Two Interactive Softwre (TTWO, 6.6% ). Compared with Q4 2024, it opened 15 new positions, sold out of 21, added to 7 and reduced 20. The biggest buy was a new position in SS SPDR S&P 500 ETF Trust-US (SPY) and the biggest sale an exit from iShares Russell 2000 ETF (IWM).
Location New York, NY
CIK 0001651473
Portfolio Value $189.7M (Q1 2025) Holdings 44 stocks · $189.7M Holdings quarter Q2 2026 Q1 2026 Q4 2025 Q3 2025 Q2 2025 Q1 2025 Q4 2024 Q3 2024 Q2 2024 Q1 2024
Stock % Of Portfolio ▼ Shares Held Total Value Change vs Q4 2024 SPY SS SPDR S&P 500 ETF Trust-US 35,000 $19.6M New MSFT Microsoft Corp. 40,000 $15.0M No change TTWO Take-Two Interactive Softwre 60,000 $12.4M New QQQ Invesco QQQ Trust Series 1 25,000 $11.7M New AMZN Amazon.com Inc. 55,000 $10.5M Reduce -36.7% NFLX Netflix Inc. 10,000 $9.3M Reduce -41.2% NVDA Nvidia Corp. 85,000 $9.2M Reduce -45.1% META Meta Platforms Inc. Class A 12,500 $7.2M Reduce -37.5% CRM Salesforce Inc. 25,000 $6.7M Reduce -37.5% TSM Taiwan Semiconductor-SP ADR 35,000 $5.8M Reduce -12.5% HD Home Depot Inc. 15,000 $5.5M New WCC Wesco International Inc. 35,000 $5.4M Reduce -41.7% MU Micron Technology Inc. 60,000 $5.2M New SONY Sony Group Corp. - SP ADR 200,000 $5.1M New FLEX Flex Ltd. 140,000 $4.6M Add +40.0% NOW ServiceNow Inc. 5,000 $4.0M Reduce -50.0% RKT Rocket Cos Inc. Class A 325,000 $3.9M Add +8.3% U Unity Software Inc. 200,000 $3.9M Add +100.0% BIDU Baidu Inc. - Spon ADR 40,000 $3.7M New CVNA Carvana Co. 15,000 $3.1M New AMD Advanced Micro Devices 30,000 $3.1M New HUBS HubSpot Inc. 5,000 $2.9M Reduce -71.4% KLAC KLA Corp. 4,000 $2.7M New MDB Mongodb Inc. 15,000 $2.6M Add +57.9% SNOW Snowflake Inc. 15,000 $2.2M Reduce -70.0% MCHP Microchip Technology Inc. 45,000 $2.2M Add +309.1% P Everpure Inc. Class A filed as PURE STORAGE INC 47,300 $2.1M Add +57.7% VSH Vishay Intertechnology Inc. 125,000 $2.0M Add +25.0% GTLB Gitlab Inc. Class A 40,000 $1.9M Reduce -42.9% EPAM Epam Systems Inc. 10,000 $1.7M Reduce -80.0% AVGO Broadcom Inc. 10,000 $1.7M Reduce -33.3% VICR Vicor Corp. 35,000 $1.6M New ORCL Oracle Corp. 11,000 $1.5M Reduce -72.5% DELL Dell Technologies -C 15,000 $1.4M No change PCOR Procore Technologies Inc. 20,000 $1.3M New HUT Hut 8 Corp. 100,000 $1.2M Reduce -9.1% BABA Alibaba Group Holding-SP ADR 8,000 $1.1M New DDOG Datadog Inc. Class A 10,000 $992K Reduce -75.0% ACN Accenture PLC Class A 3,000 $936K New ARM Arm Holdings PLC-ADR 8,000 $854K New VRT Vertiv Holdings Co. Class A 10,000 $722K Reduce -60.0% WULF Terawulf Inc. 150,000 $410K Reduce -57.1% CORZ Core Scientific Inc. 50,000 $362K Reduce -60.0% CIFR Cipher Digital Inc. 150,000 $345K Reduce -14.3%
Options reported separately and not counted above: SPY calls ($11.2M), NVDA calls ($8.7M), BIDU puts ($3.7M), ORCL calls ($2.8M).
Portfolio Sells Q4 2024 → Q1 2025 Portfolio Sells quarter Q2 2026 Q1 2026 Q4 2025 Q3 2025 Q2 2025 Q1 2025 Q4 2024 Q3 2024 Q2 2024 Q1 2024
Stock Change vs Q4 2024 % Of Portfolio Change To Portfolio ▲ IWM iShares Russell 2000 ETF Sold out 0.00% −5.59 EPAM Epam Systems Inc. Reduce -80.0% 0.89% −3.05 MRVL Marvell Technology Inc. Sold out 0.00% −2.98 HUBS HubSpot Inc. Reduce -71.4% 1.51% −2.60 BBY Best Buy Co. Inc. Sold out 0.00% −2.17 NVDA Nvidia Corp. Reduce -45.1% 4.86% −2.15 INTU Intuit Inc. Sold out 0.00% −2.12 NBIS Nebius Group NV Sold out 0.00% −1.87 HPE Hewlett Packard Enterprise Sold out 0.00% −1.80 FSLR First Solar Inc. Sold out 0.00% −1.49 NOW ServiceNow Inc. Reduce -50.0% 2.10% −1.48 NET Cloudflare Inc. Class A Sold out 0.00% −1.45 SNOW Snowflake Inc. Reduce -70.0% 1.16% −1.45 ORCL Oracle Corp. Reduce -72.5% 0.81% −1.44 DDOG Datadog Inc. Class A Reduce -75.0% 0.52% −1.40 TTD Trade Desk Inc./the Class A Sold out 0.00% −1.39 TSLA Tesla Inc. Sold out 0.00% −1.36 WDAY Workday Inc. Class A Sold out 0.00% −1.35 GLW Corning Inc. Sold out 0.00% −1.28 RIOT Riot Platforms Inc. Sold out 0.00% −1.20 AFRM Affirm Holdings Inc. Sold out 0.00% −1.03 CRM Salesforce Inc. Reduce -37.5% 3.54% −0.97 DOCU Docusign Inc. Sold out 0.00% −0.91 AMZN Amazon.com Inc. Reduce -36.7% 5.52% −0.91 HOOD Robinhood Markets Inc. Class A Sold out 0.00% −0.88 WCC Wesco International Inc. Reduce -41.7% 2.87% −0.79 VRT Vertiv Holdings Co. Class A Reduce -60.0% 0.38% −0.58 OKLO Oklo Inc. Sold out 0.00% −0.50 MARA Mara Holdings Inc. Sold out 0.00% −0.49 WULF Terawulf Inc. Reduce -57.1% 0.22% −0.45 APLD Applied Digital Corp. Sold out 0.00% −0.45 CORZ Core Scientific Inc. Reduce -60.0% 0.19% −0.40 RDDT Reddit Inc. Class A Sold out 0.00% −0.39 GTLB Gitlab Inc. Class A Reduce -42.9% 0.99% −0.34 AVGO Broadcom Inc. Reduce -33.3% 0.88% −0.29 NTNX Nutanix Inc. Class A Sold out 0.00% −0.22 NFLX Netflix Inc. Reduce -41.2% 4.92% −0.19 META Meta Platforms Inc. Class A Reduce -37.5% 3.80% −0.15 HUT Hut 8 Corp. Reduce -9.1% 0.61% −0.15 CIFR Cipher Digital Inc. Reduce -14.3% 0.18% −0.09 TSM Taiwan Semiconductor-SP ADR Reduce -12.5% 3.06% +0.40
Portfolio Buys Q4 2024 → Q1 2025 Portfolio Buys quarter Q2 2026 Q1 2026 Q4 2025 Q3 2025 Q2 2025 Q1 2025 Q4 2024 Q3 2024 Q2 2024 Q1 2024
Stock Change vs Q4 2024 % Of Portfolio Change To Portfolio ▼ SPY SS SPDR S&P 500 ETF Trust-US New 10.32% +10.32 TTWO Take-Two Interactive Softwre New 6.56% +6.56 QQQ Invesco QQQ Trust Series 1 New 6.18% +6.18 HD Home Depot Inc. New 2.90% +2.90 MU Micron Technology Inc. New 2.75% +2.75 SONY Sony Group Corp. - SP ADR New 2.68% +2.68 BIDU Baidu Inc. - Spon ADR New 1.94% +1.94 CVNA Carvana Co. New 1.65% +1.65 AMD Advanced Micro Devices New 1.63% +1.63 KLAC KLA Corp. New 1.43% +1.43 U Unity Software Inc. Add +100.0% 2.07% +1.31 FLEX Flex Ltd. Add +40.0% 2.44% +1.15 MCHP Microchip Technology Inc. Add +309.1% 1.15% +0.94 RKT Rocket Cos Inc. Class A Add +8.3% 2.07% +0.93 VICR Vicor Corp. New 0.86% +0.86 PCOR Procore Technologies Inc. New 0.70% +0.70 MDB Mongodb Inc. Add +57.9% 1.39% +0.64 BABA Alibaba Group Holding-SP ADR New 0.56% +0.56 ACN Accenture PLC Class A New 0.49% +0.49 P Everpure Inc. Class A Add +57.7% 1.10% +0.48 VSH Vishay Intertechnology Inc. Add +25.0% 1.05% +0.48 ARM Arm Holdings PLC-ADR New 0.45% +0.45
Options Activity Q4 2024 → Q1 2025 Security Type Change vs Q4 2024 Underlying Shares Value ▼ SPY SS SPDR S&P 500 ETF Trust-US call New 20,000 $11.2M NVDA Nvidia Corp. call Add +33.3% 80,000 $8.7M BIDU Baidu Inc. - Spon ADR put New 40,000 $3.7M ORCL Oracle Corp. call New 20,000 $2.8M MBLY Mobileye Global Inc. Class A call Sold out 50,000 $996Kbefore exit AUR Aurora Innovation Inc. call Sold out 100,000 $630Kbefore exit
Calls and puts are listed by the shares they cover; their value is not part of the stock holdings above.
All Filings Quarter Positions 13F Reported Value Top Holdings Q2 2026 75 $615.1M AMZN, NVDA, MSFT, TSM, INTC Q1 2026 55 $343.4M NVDA, AAPL, AMZN, FLEX, TSM Q4 2025 56 $373.0M MSFT, META, AMZN, NVDA, TSM Q3 2025 57 $418.3M MSFT, AAPL, NVDA, AMZN, RKT Q2 2025 55 $393.7M NVDA, AMZN, MSFT, CRM, META Q1 2025 44 $189.7M SPY, MSFT, TTWO, QQQ, AMZN Q4 2024 50 $296.6M NVDA, AMZN, MSFT, IWM, NFLX Q3 2024 56 $277.1M CRM, MSFT, NVDA, AMZN, META Q2 2024 61 $404.1M AAPL, MSFT, IWM, AMZN, NVDA Q1 2024 53 $315.1M AMZN, MSFT, META, ORCL, AMD