In its 13F for Q1 2024 (holdings as of March 31, 2024, filed May 14, 2024), Beaconlight Capital, LLC reported 26 stock positions worth $222.9 million . Its top holding was Constellium (CSTM) at 12.2% of the portfolio, followed by Cogent Communications Holdin (CCOI, 9.5% ) and Digimarc (DMRC, 9.5% ). Compared with Q4 2023, it opened 5 new positions, sold out of 4, added to 10 and reduced 11. The biggest buy was Tandem Diabetes Care (TNDM, shares +273% ) and the biggest sale Vistra (VST, shares −77% ).
Location New York, NY
CIK 0001569537
Portfolio Value $222.9M (Q1 2024) Holdings 26 stocks · $222.9M 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 2023 CSTM Constellium SE 1,231,805 $27.2M Add +11.0% CCOI Cogent Communications Holdin 325,314 $21.3M Reduce -4.7% DMRC Digimarc Corp. 778,017 $21.1M Add +34.7% GM General Motors Co. 372,767 $16.9M Add +29.1% REZI Resideo Technologies Inc. 663,141 $14.9M Reduce -8.0% WDC Western Digital Corp. 180,268 $12.3M Reduce -19.4% CVE Cenovus Energy Inc. 613,720 $12.3M Add +79.7% LNG Cheniere Energy Inc. 73,868 $11.9M Reduce -3.3% JELD Jeld-Wen Holding Inc. 554,439 $11.8M Add +6.9% TNDM Tandem Diabetes Care Inc. 247,186 $8.8M Add +272.7% FCX Freeport-McMoran Inc. 164,382 $7.7M Add +60.4% NTRA Natera Inc. 74,887 $6.8M Reduce -62.9% GEO The Geo Group Inc. 407,526 $5.8M New FLS Flowserve Corp. 122,173 $5.6M Reduce -28.9% SABR Sabre Corp. 2,065,114 $5.0M Add +3.5% VVV Valvoline Inc. 111,777 $5.0M New VSTS Vestis Corp. 246,658 $4.8M Reduce -40.2% VST Vistra Corp. 65,204 $4.5M Reduce -76.7% VICR Vicor Corp. 99,458 $3.8M Add +10.3% OLN Olin Corp. 64,606 $3.8M Add +17.2% GPOR Gulfport Energy Corp. 14,423 $2.3M Reduce -45.7% AA Alcoa Corp. 61,644 $2.1M New PWR Quanta Services Inc. 7,676 $2.0M Reduce -12.3% SMRT Smartrent Inc. 732,759 $2.0M Reduce -48.3% ARRY Array Technologies Inc. 126,340 $1.9M New TECK Teck Resources Ltd.-CLS B 31,512 $1.4M New
Options reported separately and not counted above: SPY puts ($11.8M), QQQ puts ($10.0M), SMCI puts ($2.6M), REZI calls ($2.2M), VICR calls ($1.2M).
Portfolio Sells Q4 2023 → Q1 2024 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 2023 % Of Portfolio Change To Portfolio ▲ VST Vistra Corp. Reduce -76.7% 2.04% −3.05 NTRA Natera Inc. Reduce -62.9% 3.07% −2.90 CCOI Cogent Communications Holdin Reduce -4.7% 9.54% −2.71 VSTS Vestis Corp. Reduce -40.2% 2.13% −1.98 ETRN Equitrans Midstream Corp. Sold out 0.00% −1.30 SMRT Smartrent Inc. Reduce -48.3% 0.88% −1.25 GENI Genius Sports Ltd. Sold out 0.00% −1.02 FLS Flowserve Corp. Reduce -28.9% 2.50% −0.84 LNG Cheniere Energy Inc. Reduce -3.3% 5.35% −0.80 EQT Eqt Corp. Sold out 0.00% −0.68 GPOR Gulfport Energy Corp. Reduce -45.7% 1.04% −0.63 OLED Universal Display Corp. Sold out 0.00% −0.54 WDC Western Digital Corp. Reduce -19.4% 5.52% −0.01 PWR Quanta Services Inc. Reduce -12.3% 0.89% +0.00 REZI Resideo Technologies Inc. Reduce -8.0% 6.67% +0.27
Portfolio Buys Q4 2023 → Q1 2024 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 2023 % Of Portfolio Change To Portfolio ▼ TNDM Tandem Diabetes Care Inc. Add +272.7% 3.93% +3.00 CVE Cenovus Energy Inc. Add +79.7% 5.50% +2.82 GM General Motors Co. Add +29.1% 7.58% +2.69 GEO The Geo Group Inc. New 2.58% +2.58 VVV Valvoline Inc. New 2.24% +2.24 CSTM Constellium SE Add +11.0% 12.22% +1.77 FCX Freeport-McMoran Inc. Add +60.4% 3.47% +1.41 AA Alcoa Corp. New 0.93% +0.93 ARRY Array Technologies Inc. New 0.85% +0.85 JELD Jeld-Wen Holding Inc. Add +6.9% 5.28% +0.66 TECK Teck Resources Ltd.-CLS B New 0.65% +0.65 OLN Olin Corp. Add +17.2% 1.70% +0.30 VICR Vicor Corp. Add +10.3% 1.71% −0.21 DMRC Digimarc Corp. Add +34.7% 9.49% −0.36 SABR Sabre Corp. Add +3.5% 2.24% −1.90
Options Activity Q4 2023 → Q1 2024 Security Type Change vs Q4 2023 Underlying Shares Value ▼ SPY SS SPDR S&P 500 ETF Trust-US put Reduce -20.7% 22,600 $11.8M QQQ Invesco QQQ Trust Series 1 put New 22,600 $10.0M CVE Cenovus Energy Inc. call Sold out 432,500 $7.2Mbefore exit GM General Motors Co. call Sold out 140,400 $5.0Mbefore exit CCOI Cogent Communications Holdin call Sold out 57,000 $4.3Mbefore exit SMCI Super Micro Computer Inc. put New 2,600 $2.6M REZI Resideo Technologies Inc. call Reduce -1.0% 96,200 $2.2M VICR Vicor Corp. call Reduce -31.4% 30,200 $1.2M RILY BRC Group Holdings Inc. put Sold out 35,600 $747Kbefore 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 31 $227.2M SXT, CSTM, NTRA, SNOW, LNG Q1 2026 33 $177.3M CSTM, REZI, STM, SXT, TECK Q4 2025 23 $171.2M CSTM, REZI, SXT, GPOR, TECK Q3 2025 28 $202.7M REZI, CSTM, LNG, SXT, TECK Q2 2025 29 $170.9M REZI, LNG, SXT, STX, SABR Q1 2025 21 $146.3M REZI, CCOI, LNG, SABR, QDEL Q4 2024 28 $250.1M DMRC, CCOI, QDEL, REZI, LNG Q3 2024 27 $243.0M REZI, CCOI, DMRC, QDEL, SABR Q2 2024 29 $197.3M DMRC, CSTM, LNG, CCOI, REZI Q1 2024 26 $222.9M CSTM, CCOI, DMRC, GM, REZI