Lightrock Netherlands B.V.
In its 13F for Q2 2026 (holdings as of June 30, 2026, filed August 10, 2026), Lightrock Netherlands B.V. reported 36 stock positions worth $506.4 million. Its top holding was SPS Commerce (SPSC) at 6.9% of the portfolio, followed by Cabot (CBT, 6.4%) and Wintrust Financial (WTFC, 5.4%). Compared with Q1 2026, it opened 2 new positions, sold out of 4, added to 12 and reduced 22. The biggest buy was a new position in Blackbaud (BLKB) and the biggest sale an exit from West Fraser Timber (WFG).
- Most Recent 13F
- Q2 2026
- Location
- UTRECHT, P7
- CIK
- 0002041485
- Portfolio Value
- $506.4M (Q2 2026)
- SEC Filing
- 0002041485-26-000005 ↗ filed Aug 10, 2026
Holdings Value
Holdings 36 stocks · $506.4M
| SPSC SPS Commerce Inc. | 6.92% | 613,169 | $35.1M | Add +38.8% |
| CBT Cabot Corp. | 6.37% | 382,779 | $32.2M | Reduce -9.3% |
| WTFC Wintrust Financial Corp. | 5.39% | 169,771 | $27.3M | Reduce -5.9% |
| JBL Jabil Inc. | 4.39% | 57,656 | $22.2M | Reduce -9.7% |
| AKAM Akamai Technologies Inc. | 4.38% | 187,512 | $22.2M | Add +10.0% |
| FSLR First Solar Inc. | 4.08% | 604,980 | $20.7M | Reduce -0.4% |
| RNR Renaissancere Holdings Ltd. | 3.74% | 1,340,997 | $19.0M | Add +13.8% |
| AYI Acuity Inc. | 3.48% | 46,803 | $17.6M | Add +4.5% |
| BLKB Blackbaud Inc. | 3.36% | 573,946 | $17.0M | New |
| ENS Enersys | 3.32% | 166,406 | $16.8M | Add +7.6% |
| GMED Globus Medical Inc. Class A | 3.23% | 207,151 | $16.4M | Reduce -19.5% |
| STRA Strategic Education Inc. | 3.18% | 210,155 | $16.1M | Add +49.7% |
| CUBE Cubesmart | 3.14% | 510,117 | $15.9M | Reduce -4.5% |
| BC Brunswick Corp. | 2.92% | 1,494,443 | $14.8M | Add +73.3% |
| ALGM Allegro Microsystems Inc. | 2.84% | 206,490 | $14.4M | Reduce -59.4% |
| CTRE Caretrust REIT Inc. | 2.76% | 154,043 | $14.0M | Reduce -3.0% |
| ANF Abercrombie & Fitch Co. Class A | 2.72% | 153,018 | $13.8M | Add +16.8% |
| LNN Lindsay Corp. | 2.70% | 110,615 | $13.7M | Reduce -7.1% |
| LITE Lumentum Holdings Inc. | 2.66% | 15,695 | $13.5M | Reduce -18.8% |
| TNC Tennant Co. | 2.65% | 153,598 | $13.4M | Reduce -0.1% |
| PFSI Pennymac Financial Services | 2.63% | 152,713 | $13.3M | Add +0.3% |
| MWA Mueller Water Products Inc. Class A | 2.60% | 509,933 | $13.2M | Add +7.4% |
| TROX Tronox Holdings PLC | 2.55% | 2,050,792 | $12.9M | Reduce -2.8% |
| WEX Wex Inc. | 2.42% | 86,800 | $12.2M | Add +44.7% |
| TOWN Towne Bank | 2.36% | 329,794 | $12.0M | Reduce -0.9% |
| AVTR Avantor Inc. | 2.14% | 322,626 | $10.8M | Reduce -1.8% |
| DOC Healthpeak Properties Inc. | 1.50% | 355,000 | $7.6M | Reduce -9.7% |
| DRH Diamondrock Hospitality Co. | 1.42% | 132,118 | $7.2M | Reduce -12.9% |
| TRIP Tripadvisor Inc. | 1.40% | 516,489 | $7.1M | Reduce -16.7% |
| COHU Cohu Inc. | 1.24% | 155,105 | $6.3M | Add +2.0% |
| DAR Darling Ingredients Inc. | 1.17% | 148,954 | $5.9M | Reduce -14.4% |
| QDEL Quidelortho Corp. | 1.00% | 290,547 | $5.1M | Reduce -7.6% |
| ZBH Zimmer Biomet Holdings Inc. | 0.91% | 53,278 | $4.6M | New |
| EHC Encompass Health Corp. | 0.87% | 361,266 | $4.4M | Reduce -10.5% |
| IRT Independence Realty Trust Inc. | 0.82% | 247,706 | $4.1M | Reduce -5.3% |
| TDC Teradata Corp. | 0.75% | 109,908 | $3.8M | Reduce -12.0% |
Portfolio Sells Q1 2026 → Q2 2026
| WFG West Fraser Timber Co. Ltd. | Sold out | 0.00% | −4.28 |
| TROX Tronox Holdings PLC | Reduce -2.8% | 2.55% | −1.85 |
| GMED Globus Medical Inc. Class A | Reduce -19.5% | 3.23% | −1.50 |
| NVST Envista Holdings Corp. | Sold out | 0.00% | −1.29 |
| GNTX Gentex Corp. | Sold out | 0.00% | −0.85 |
| ALGM Allegro Microsystems Inc. | Reduce -59.4% | 2.84% | −0.58 |
| DRH Diamondrock Hospitality Co. | Reduce -12.9% | 1.42% | −0.58 |
| LNN Lindsay Corp. | Reduce -7.1% | 2.70% | −0.33 |
| LITE Lumentum Holdings Inc. | Reduce -18.8% | 2.66% | −0.24 |
| CBT Cabot Corp. | Reduce -9.3% | 6.37% | −0.20 |
| DAR Darling Ingredients Inc. | Reduce -14.4% | 1.17% | −0.19 |
| CMP Compass Minerals Internation | Sold out | 0.00% | −0.10 |
| QDEL Quidelortho Corp. | Reduce -7.6% | 1.00% | −0.10 |
| TOWN Towne Bank | Reduce -0.9% | 2.36% | −0.03 |
| IRT Independence Realty Trust Inc. | Reduce -5.3% | 0.82% | −0.02 |
| TRIP Tripadvisor Inc. | Reduce -16.7% | 1.40% | −0.01 |
| WTFC Wintrust Financial Corp. | Reduce -5.9% | 5.39% | +0.03 |
| FSLR First Solar Inc. | Reduce -0.4% | 4.08% | +0.04 |
| EHC Encompass Health Corp. | Reduce -10.5% | 0.87% | +0.06 |
| TDC Teradata Corp. | Reduce -12.0% | 0.75% | +0.07 |
| DOC Healthpeak Properties Inc. | Reduce -9.7% | 1.50% | +0.12 |
| AVTR Avantor Inc. | Reduce -1.8% | 2.14% | +0.18 |
| CTRE Caretrust REIT Inc. | Reduce -3.0% | 2.76% | +0.21 |
| CUBE Cubesmart | Reduce -4.5% | 3.14% | +0.47 |
| TNC Tennant Co. | Reduce -0.1% | 2.65% | +0.47 |
| JBL Jabil Inc. | Reduce -9.7% | 4.39% | +0.77 |
Portfolio Buys Q1 2026 → Q2 2026
| BLKB Blackbaud Inc. | New | 3.36% | +3.36 |
| SPSC SPS Commerce Inc. | Add +38.8% | 6.92% | +1.67 |
| BC Brunswick Corp. | Add +73.3% | 2.92% | +1.48 |
| ZBH Zimmer Biomet Holdings Inc. | New | 0.91% | +0.91 |
| AYI Acuity Inc. | Add +4.5% | 3.48% | +0.80 |
| STRA Strategic Education Inc. | Add +49.7% | 3.18% | +0.69 |
| WEX Wex Inc. | Add +44.7% | 2.42% | +0.46 |
| RNR Renaissancere Holdings Ltd. | Add +13.8% | 3.74% | +0.26 |
| AKAM Akamai Technologies Inc. | Add +10.0% | 4.38% | +0.19 |
| ANF Abercrombie & Fitch Co. Class A | Add +16.8% | 2.72% | +0.16 |
| ENS Enersys | Add +7.6% | 3.32% | +0.13 |
| COHU Cohu Inc. | Add +2.0% | 1.24% | +0.04 |
| MWA Mueller Water Products Inc. Class A | Add +7.4% | 2.60% | −0.19 |
| PFSI Pennymac Financial Services | Add +0.3% | 2.63% | −0.22 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 36 | $506.4M | SPSC, CBT, WTFC, JBL, AKAM |
| Q1 2026 | 38 | $468.1M | CBT, WTFC, SPSC, GMED, TROX |
| Q4 2025 | 39 | $482.3M | CBT, WFG, WTFC, AKAM, GMED |
| Q3 2025 | 39 | $382.4M | LITE, BC, WTFC, STRA, SBH |
| Q2 2025 | 39 | $363.6M | LITE, BC, WTFC, SBH, LNN |
| Q1 2025 | 39 | $380.0M | LITE, BC, WTFC, LNN, PFSI |
| Q4 2024 | 38 | $285.1M | BC, WTFC, JBL, LITE, ENS |