Brightlight Capital Management LP

In its 13F for Q2 2024 (holdings as of June 30, 2024, filed August 14, 2024), Brightlight Capital Management LP reported 12 stock positions worth $187.0 million. Its top holding was Carvana (CVNA) at 18.8% of the portfolio, followed by JSC Kaspi.kz ADR (KSPI, 18.2%) and Melco Resorts & Entert-ADR (MLCO, 11.9%). Compared with Q1 2024, it added to 3 and reduced 3. The biggest buy was Sleep Number (SNBRQ, shares +2740%) and the biggest sale Fiverr International (FVRR, shares −41%).

Most Recent 13F
Q1 2026
Location
WESTPORT, CT
CIK
0001802838
Portfolio Value
$187.0M (Q2 2024)
SEC Filing
0001725547-24-003929 ↗ filed Aug 14, 2024

Holdings Value

0$50.0M$100.0M$150.0M$200.0M$250.0M Q1 2024: $176.9M Q1 2024 Q2 2024: $187.0M $187.0M Q2 2024 Q3 2024: $207.6M Q3 2024 Q4 2024: $136.8M Q4 2024 Q1 2025: $148.0M Q1 2025 Q2 2025: $181.2M Q2 2025 Q3 2025: $165.2M Q3 2025 Q4 2025: $140.7M Q4 2025 Q1 2026: $101.4M Q1 2026

Holdings 12 stocks · $187.0M
CVNA Carvana Co. 18.82% 273,400 $35.2M Reduce -34.0%
KSPI JSC Kaspi.kz ADR filed as KASPI KZ JSC 18.19% 263,642 $34.0M No change
MLCO Melco Resorts & Entert-ADR 11.87% 2,975,200 $22.2M No change
PAAS Pan American Silver Corp. 10.43% 981,000 $19.5M Reduce -2.6%
VAL Valaris Ltd. 8.59% 215,500 $16.1M No change
HGV Hilton Grand Vacations Inc. 8.28% 382,700 $15.5M No change
GM General Motors Co. 4.69% 188,900 $8.8M No change
CDLX Cardlytics Inc. 4.68% 1,066,000 $8.8M Add +131.0%
SNBRQ Sleep Number Corp. 4.48% 874,651 $8.4M Add +2739.8%
FBTC Fidelity Wise Origin Bitcoin 4.13% 147,100 $7.7M Add +67.5%
FVRR Fiverr International Ltd. 3.41% 272,100 $6.4M Reduce -41.1%
ASLE Aersale Corp. 2.43% 657,116 $4.5M No change

Portfolio Sells Q1 2024 → Q2 2024
FVRR Fiverr International Ltd. Reduce -41.1% 3.41% −2.09
CVNA Carvana Co. Reduce -34.0% 18.82% −1.77
PAAS Pan American Silver Corp. Reduce -2.6% 10.43% +1.84

Portfolio Buys Q1 2024 → Q2 2024
SNBRQ Sleep Number Corp. Add +2739.8% 4.48% +4.20
FBTC Fidelity Wise Origin Bitcoin Add +67.5% 4.13% +1.05
CDLX Cardlytics Inc. Add +131.0% 4.68% +0.90

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q1 2026 8$101.4MCVNA, ARCO, KSPI, HNI, AAMI
Q4 2025 9$140.7MCVNA, KSPI, ARCO, HGV, SFD
Q3 2025 10$165.2MCVNA, KSPI, HEPS, HGV, ARCO
Q2 2025 10$181.2MCVNA, KSPI, HEPS, HGV, ARCO
Q1 2025 9$148.0MCVNA, KSPI, HEPS, MLCO, HGV
Q4 2024 8$136.8MCVNA, KSPI, SNBRQ, HGV, HEPS
Q3 2024 13$207.6MCVNA, KSPI, MLCO, PAAS, SNBRQ
Q2 2024 12$187.0MCVNA, KSPI, MLCO, PAAS, VAL
Q1 2024 12$176.9MCVNA, KSPI, MLCO, HGV, VAL