Capelight Capital Asset Management LP In its 13F for Q1 2026 (holdings as of March 31, 2026, filed April 27, 2026), Capelight Capital Asset Management LP reported 27 stock positions worth $118.1 million . Its top holding was Sandisk (SNDK) at 9.7% of the portfolio, followed by Core Scientific (CORZ, 7.6% ) and Legence Class A (LGN, 7.4% ). Compared with Q4 2025, it opened 7 new positions, sold out of 13, added to 12 and reduced 6. The biggest buy was Core Scientific (CORZ, shares +1233% ) and the biggest sale Invesco QQQ Trust Series 1 (QQQ, shares −60% ).
Location NEW YORK, NY
CIK 0002105992
Portfolio Value $118.1M (Q1 2026) Holdings 27 stocks · $118.1M Holdings quarter Q2 2026 Q1 2026 Q4 2025
Stock % Of Portfolio ▼ Shares Held Total Value Change vs Q4 2025 SNDK Sandisk Corp. 18,000 $11.4M No change CORZ Core Scientific Inc. 600,000 $9.0M Add +1233.3% LGN Legence Corp. Class A 155,000 $8.8M Add +63.2% MHO M/I Homes Inc. 70,000 $8.6M Add +27.3% NET Cloudflare Inc. Class A 40,000 $8.3M Reduce -11.1% LITE Lumentum Holdings Inc. 10,000 $7.0M Add +100.0% AMAT Applied Materials Inc. 20,000 $6.8M Add +100.0% NVDA Nvidia Corp. 33,000 $5.8M New AMZN Amazon.com Inc. 25,000 $5.2M Add +69.1% COHR Coherent Corp. 20,000 $4.8M Add +66.7% QQQ Invesco QQQ Trust Series 1 8,000 $4.6M Reduce -60.0% EWY iShares MSCI South Korea ETF 35,000 $4.3M New ROKU Roku Inc. 40,000 $3.8M No change GLXY Galaxy Digital Inc. Class A 205,000 $3.8M Add +13.9% META Meta Platforms Inc. Class A 6,000 $3.4M Add +20.0% PUMP Propetro Holding Corp. 225,000 $3.2M New GOOG Alphabet Inc. Class C 10,000 $2.9M Reduce -60.0% TPB Turning Point Brands Inc. 28,000 $2.4M Add +55.6% AFRM Affirm Holdings Inc. 50,000 $2.3M Reduce -24.2% SKM SK Telecom Co. Ltd.-Spon ADR 70,000 $2.1M New CRDO Credo Technology Group Holdi 20,000 $1.9M Add +81.8% RDW Redwire Corp. 200,000 $1.7M Add +14.3% DASH DoorDash Inc. Class A 11,000 $1.7M New MDB Mongodb Inc. 5,000 $1.2M New ACMR Acm Research Inc. Class A 30,000 $1.2M Reduce -40.0% ASTS Ast Spacemobile Inc. 13,675 $1.1M Reduce -24.0% PSIX Power Solutions Internationa 15,000 $913K New
Options reported separately and not counted above: VS TRUST calls ($5.9M), CRCL calls ($2.9M), INFQ puts ($2.0M), CRCL puts ($1.9M), EWY puts ($1.2M).
Other holdings (1): bonds, preferreds, convertibles and warrants · $2.1M (not counted above) Security Class Shares / Principal Value Change INFQ.WS Churchill Capital Corp. X *W EXP 02/17/203 484,753 $2.1M New
Total filed on the 13F, all lines: $120.2M.
Portfolio Sells Q4 2025 → Q1 2026 Portfolio Sells quarter Q2 2026 Q1 2026 Q4 2025
Stock Change vs Q4 2025 % Of Portfolio Change To Portfolio ▲ QQQ Invesco QQQ Trust Series 1 Reduce -60.0% 3.91% −8.74 GOOG Alphabet Inc. Class C Reduce -60.0% 2.43% −5.65 AFRM Affirm Holdings Inc. Reduce -24.2% 1.94% −3.12 MIAX Miami International Holdings Sold out 0.00% −2.88 SE Sea Ltd.-ADR Sold out 0.00% −2.63 TOST Toast Inc. Class A Sold out 0.00% −2.19 NET Cloudflare Inc. Class A Reduce -11.1% 6.99% −2.15 CRWD CrowdStrike Holdings Inc. Class A Sold out 0.00% −1.93 RELY Remitly Global Inc. Sold out 0.00% −1.42 U Unity Software Inc. Sold out 0.00% −1.36 BE Bloom Energy Corp. Class A Sold out 0.00% −1.34 ACMR Acm Research Inc. Class A Reduce -40.0% 1.00% −1.03 PTRN Pattern Group Inc. Class A Sold out 0.00% −0.95 FLYW Flywire Corp.-Voting Sold out 0.00% −0.87 IOT Samsara Inc. Class A Sold out 0.00% −0.73 SG Sweetgreen Inc. Class A Sold out 0.00% −0.70 TH Target Hospitality Corp. Sold out 0.00% −0.49 ASTS Ast Spacemobile Inc. Reduce -24.0% 0.96% −0.39 FRMI Fermi Inc. Sold out 0.00% −0.30
Portfolio Buys Q4 2025 → Q1 2026 Portfolio Buys quarter Q2 2026 Q1 2026 Q4 2025
Stock Change vs Q4 2025 % Of Portfolio Change To Portfolio ▼ CORZ Core Scientific Inc. Add +1233.3% 7.60% +6.93 NVDA Nvidia Corp. New 4.87% +4.87 LITE Lumentum Holdings Inc. Add +100.0% 5.95% +4.05 EWY iShares MSCI South Korea ETF New 3.65% +3.65 LGN Legence Corp. Class A Add +63.2% 7.41% +3.20 AMAT Applied Materials Inc. Add +100.0% 5.79% +3.14 PUMP Propetro Holding Corp. New 2.75% +2.75 COHR Coherent Corp. Add +66.7% 4.04% +1.75 SKM SK Telecom Co. Ltd.-Spon ADR New 1.74% +1.74 DASH DoorDash Inc. Class A New 1.40% +1.40 MDB Mongodb Inc. New 1.04% +1.04 AMZN Amazon.com Inc. Add +69.1% 4.41% +0.90 PSIX Power Solutions Internationa New 0.77% +0.77 RDW Redwire Corp. Add +14.3% 1.44% +0.07 TPB Turning Point Brands Inc. Add +55.6% 2.06% +0.05 MHO M/I Homes Inc. Add +27.3% 7.26% +0.01 CRDO Credo Technology Group Holdi Add +81.8% 1.59% −0.04 META Meta Platforms Inc. Class A Add +20.0% 2.91% −0.49 GLXY Galaxy Digital Inc. Class A Add +13.9% 3.20% −0.94
Options Activity Q4 2025 → Q1 2026 Security Type Change vs Q4 2025 Underlying Shares Value ▼ HOOD Robinhood Markets Inc. Class A put Sold out 195,000 $22.1Mbefore exit VS TRUST call New 680,000 $5.9M INFQ Infleqtion Inc. put Sold out 200,000 $3.1Mbefore exit CRCL Circle Internet Group Inc. call New 30,000 $2.9M INFQ Infleqtion Inc. put New 200,000 $2.0M CRCL Circle Internet Group Inc. put New 20,000 $1.9M EWY iShares MSCI South Korea ETF put New 10,000 $1.2M
Calls and puts are listed by the shares they cover; their value is not part of the stock holdings above.
Notes & Other Activity Q4 2025 → Q1 2026 Security Class Change vs Q4 2025 Shares / Principal Value ▼ INFQ.WS Churchill Capital Corp. X *W EXP 05/14/203 Sold out 494,653 $3.8Mbefore exit INFQ.WS Churchill Capital Corp. X *W EXP 02/17/203 New 484,753 $2.1M
Bonds, preferreds, convertibles and warrants; not part of the stock holdings or percentages above.
All Filings Quarter Positions 13F Reported Value Top Holdings Q2 2026 34 $196.7M SNDK, CORZ, LGN, MHO, AMAT Q1 2026 Amended 27 $118.1M SNDK, CORZ, LGN, MHO, NET Q4 2025 Amended 33 $97.1M QQQ, NET, GOOG, MHO, AFRM