Brightline Capital Management, LLC
In its 13F for Q1 2024 (holdings as of March 31, 2024, filed May 14, 2024), Brightline Capital Management, LLC reported 15 stock positions worth $166.2 million. Its top holding was Masterbrand (MBC) at 11.1% of the portfolio, followed by Beazer Homes USA (BZH, 9.6%) and Cleveland-Cliffs (CLF, 8.6%). Compared with Q4 2023, it opened 7 new positions, sold out of 2, added to 6 and reduced 2. The biggest buy was a new position in Cleveland-Cliffs (CLF) and the biggest sale an exit from Beacon Roofing Supply (BECN).
- Most Recent 13F
- Q2 2026
- Location
- Miami, FL
- CIK
- 0001432450
- Portfolio Value
- $166.2M (Q1 2024)
- SEC Filing
- 0000919574-24-002900 ↗ filed May 14, 2024
Holdings Value
Holdings 15 stocks · $166.2M
| MBC Masterbrand Inc. | 11.07% | 982,000 | $18.4M | Add +2.0% |
| BZH Beazer Homes USA Inc. | 9.59% | 486,000 | $15.9M | Add +62.0% |
| CLF Cleveland-Cliffs Inc. | 8.62% | 630,000 | $14.3M | New |
| REVG Rev Group Inc. | 8.57% | 645,000 | $14.2M | New |
| CSTM Constellium SE | 8.51% | 640,000 | $14.2M | Add +32.8% |
| MATV Mativ Holdings Inc. | 8.46% | 750,000 | $14.1M | New |
| OC Owens Corning | 8.13% | 81,000 | $13.5M | Add +11.0% |
| OVERSEAS SHIPHOLDING GROUP-A | 7.78% | 2,020,000 | $12.9M | Add +260.7% |
| BLBD Blue Bird Corp. | 7.57% | 328,000 | $12.6M | Add +21.5% |
| CCL Carnival Corp. | 6.44% | 655,000 | $10.7M | New |
| BLDR Builders Firstsource Inc. | 5.65% | 45,000 | $9.4M | Reduce -38.4% |
| HOV Hovnanian Enterprises-A | 4.25% | 45,000 | $7.1M | New |
| GLDD Great Lakes Dredge & Dock Co. | 2.32% | 440,000 | $3.9M | New |
| AMBP Ardagh Metal Packaging SA | 1.65% | 800,000 | $2.7M | Reduce -64.2% |
| GLATFELTER CORP | 1.41% | 1,168,000 | $2.3M | New |
Portfolio Sells Q4 2023 → Q1 2024
Portfolio Buys Q4 2023 → Q1 2024
| CLF Cleveland-Cliffs Inc. | New | 8.62% | +8.62 |
| REVG Rev Group Inc. | New | 8.57% | +8.57 |
| MATV Mativ Holdings Inc. | New | 8.46% | +8.46 |
| CCL Carnival Corp. | New | 6.44% | +6.44 |
| OVERSEAS SHIPHOLDING GROUP-A | Add +260.7% | 7.78% | +4.58 |
| HOV Hovnanian Enterprises-A | New | 4.25% | +4.25 |
| GLDD Great Lakes Dredge & Dock Co. | New | 2.32% | +2.32 |
| GLATFELTER CORP | New | 1.41% | +1.41 |
| BLBD Blue Bird Corp. | Add +21.5% | 7.57% | −0.33 |
| BZH Beazer Homes USA Inc. | Add +62.0% | 9.59% | −1.41 |
| CSTM Constellium SE | Add +32.8% | 8.51% | −1.92 |
| OC Owens Corning | Add +11.0% | 8.13% | −3.61 |
| MBC Masterbrand Inc. | Add +2.0% | 11.07% | −4.44 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 11 | $461.5M | VSAT, CSTM, RRX, FLR, ECVT |
| Q1 2026 | 9 | $338.1M | VSAT, CSTM, DAN, AMTM, ECVT |
| Q4 2025 | 8 | $247.4M | VSAT, AMTM, CSTM, DAN, FLR |
| Q3 2025 | 10 | $244.0M | VSAT, SEI, AMTM, CSTM, FLR |
| Q2 2025 | 15 | $232.2M | TPC, SEI, VSAT, FLR, AMTM |
| Q1 2025 | 12 | $115.3M | SEI, FLR, TPC, MAGN, TTI |
| Q4 2024 | 13 | $145.8M | SEI, FLR, REVG, CDLR, TPC |
| Q3 2024 | 20 | $236.8M | FLR, MBC, CDLR, REVG, HOV |
| Q2 2024 | 19 | $201.5M | OVERSEAS SHIPHOLDING GROUP-A, CDLR, REVG, FLR, MBC |
| Q1 2024 | 15 | $166.2M | MBC, BZH, CLF, REVG, CSTM |