In its 13F for Q4 2024 (holdings as of December 31, 2024, filed February 14, 2025), Beaconlight Capital, LLC reported 28 stock positions worth $250.1 million . Its top holding was Digimarc (DMRC) at 11.6% of the portfolio, followed by Cogent Communications Holdin (CCOI, 10.4% ) and Quidelortho (QDEL, 10.0% ). Compared with Q3 2024, it opened 5 new positions, sold out of 4, added to 8 and reduced 15. The biggest buy was a new position in Eqt (EQT) and the biggest sale Atmus Filtration Technologie (ATMU, shares −65% ).
Location New York, NY
CIK 0001569537
Portfolio Value $250.1M (Q4 2024) Holdings 28 stocks · $250.1M 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 Q3 2024 DMRC Digimarc Corp. 776,414 $29.1M Reduce -3.1% CCOI Cogent Communications Holdin 337,793 $26.0M Add +17.2% QDEL Quidelortho Corp. 559,882 $24.9M Add +40.6% REZI Resideo Technologies Inc. 1,075,019 $24.8M Reduce -1.3% LNG Cheniere Energy Inc. 105,197 $22.6M Add +51.6% SABR Sabre Corp. 3,690,999 $13.5M Reduce -6.7% TNDM Tandem Diabetes Care Inc. 331,209 $11.9M Add +53.6% EQT Eqt Corp. 234,858 $10.8M New GM General Motors Co. 197,526 $10.5M Add +15.4% CSTM Constellium SE 814,317 $8.4M Reduce -7.6% NTRA Natera Inc. 44,994 $7.1M Reduce -39.9% AA Alcoa Corp. 186,932 $7.1M Add +11.7% GEO The Geo Group Inc. 242,813 $6.8M Add +216.6% GPOR Gulfport Energy Corp. 34,559 $6.4M Add +222.2% DESP Despegar.com Corp. 305,534 $5.9M Reduce -48.2% TECK Teck Resources Ltd.-CLS B 138,388 $5.6M Reduce -28.1% FLS Flowserve Corp. 89,931 $5.2M Reduce -48.0% FCX Freeport-McMoran Inc. 134,897 $5.1M Reduce -34.9% ATMU Atmus Filtration Technologie 105,467 $4.1M Reduce -65.4% CART Maplebear Inc. 73,578 $3.0M Reduce -65.6% SGI Somnigroup International Inc. filed as TEMPUR SEALY INTL INC 43,256 $2.5M New MRVL Marvell Technology Inc. 21,524 $2.4M New VICR Vicor Corp. 41,412 $2.0M Reduce -61.3% DV Doubleverify Holdings Inc. 87,292 $1.7M New WDC Western Digital Corp. 21,971 $1.3M Reduce -65.8% VMI Valmont Industries 3,983 $1.2M Reduce -81.2% FLG Flagstar Bank NA 17,298 $161K Reduce -42.5% EAF Graftech International Ltd. 33,046 $57K New
Options reported separately and not counted above: NVDA puts ($10.7M), SPY puts ($8.8M).
Portfolio Sells Q3 2024 → Q4 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 Q3 2024 % Of Portfolio Change To Portfolio ▲ ATMU Atmus Filtration Technologie Reduce -65.4% 1.65% −3.05 CSTM Constellium SE Reduce -7.6% 3.34% −2.56 CART Maplebear Inc. Reduce -65.6% 1.22% −2.37 FCX Freeport-McMoran Inc. Reduce -34.9% 2.05% −2.20 VMI Valmont Industries Reduce -81.2% 0.49% −2.04 TECK Teck Resources Ltd.-CLS B Reduce -28.1% 2.24% −1.90 JELD Jeld-Wen Holding Inc. Sold out 0.00% −1.80 FLS Flowserve Corp. Reduce -48.0% 2.07% −1.61 VST Vistra Corp. Sold out 0.00% −1.44 WDC Western Digital Corp. Reduce -65.8% 0.52% −1.28 NTRA Natera Inc. Reduce -39.9% 2.85% −1.06 VICR Vicor Corp. Reduce -61.3% 0.80% −1.06 SE Sea Ltd.-ADR Sold out 0.00% −0.93 DESP Despegar.com Corp. Reduce -48.2% 2.35% −0.66 SABR Sabre Corp. Reduce -6.7% 5.39% −0.59 ARRY Array Technologies Inc. Sold out 0.00% −0.19 FLG Flagstar Bank NA Reduce -42.5% 0.06% −0.07 REZI Resideo Technologies Inc. Reduce -1.3% 9.91% +0.88 DMRC Digimarc Corp. Reduce -3.1% 11.62% +2.76
Portfolio Buys Q3 2024 → Q4 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 Q3 2024 % Of Portfolio Change To Portfolio ▼ EQT Eqt Corp. New 4.33% +4.33 LNG Cheniere Energy Inc. Add +51.6% 9.04% +3.90 QDEL Quidelortho Corp. Add +40.6% 9.97% +2.50 GEO The Geo Group Inc. Add +216.6% 2.72% +2.31 GPOR Gulfport Energy Corp. Add +222.2% 2.54% +1.88 CCOI Cogent Communications Holdin Add +17.2% 10.41% +1.40 GM General Motors Co. Add +15.4% 4.21% +1.05 TNDM Tandem Diabetes Care Inc. Add +53.6% 4.77% +1.01 SGI Somnigroup International Inc. New 0.98% +0.98 MRVL Marvell Technology Inc. New 0.95% +0.95 DV Doubleverify Holdings Inc. New 0.67% +0.67 AA Alcoa Corp. Add +11.7% 2.82% +0.17 EAF Graftech International Ltd. New 0.02% +0.02
Options Activity Q3 2024 → Q4 2024 Security Type Change vs Q3 2024 Underlying Shares Value ▼ NVDA Nvidia Corp. put New 80,000 $10.7M SPY SS SPDR S&P 500 ETF Trust-US put New 15,000 $8.8M VICR Vicor Corp. call Sold out 65,000 $2.7Mbefore 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