Lightrock Netherlands B.V.
In its 13F for Q2 2025 (holdings as of June 30, 2025, filed August 4, 2025), Lightrock Netherlands B.V. reported 39 stock positions worth $363.6 million. Its top holding was Lumentum (LITE) at 7.3% of the portfolio, followed by Brunswick (BC, 6.7%) and Wintrust Financial (WTFC, 5.6%). Compared with Q1 2025, it added to 16 and reduced 14. The biggest buy was West Fraser Timber (WFG, shares +1075%) and the biggest sale First Solar (FSLR, shares −54%).
- Most Recent 13F
- Q2 2026
- Location
- UTRECHT, P7
- CIK
- 0002041485
- Portfolio Value
- $363.6M (Q2 2025)
- SEC Filing
- 0002041485-25-000009 ↗ filed Aug 4, 2025
Holdings Value
Holdings 39 stocks · $363.6M
| LITE Lumentum Holdings Inc. | 7.32% | 328,555 | $26.6M | Reduce -7.0% |
| BC Brunswick Corp. | 6.68% | 515,765 | $24.3M | Add +26.1% |
| WTFC Wintrust Financial Corp. | 5.63% | 193,858 | $20.5M | Add +0.3% |
| SBH Sally Beauty Holdings Inc. | 4.22% | 1,943,202 | $15.3M | Add +31.4% |
| LNN Lindsay Corp. | 4.17% | 123,415 | $15.2M | No change |
| PFSI Pennymac Financial Services | 3.34% | 143,113 | $12.2M | Add +5.2% |
| GMED Globus Medical Inc. Class A | 3.28% | 237,150 | $11.9M | Add +48.4% |
| WFG West Fraser Timber Co. Ltd. | 3.25% | 259,303 | $11.8M | Add +1075.2% |
| QDEL Quidelortho Corp. | 3.15% | 466,000 | $11.4M | Add +27.8% |
| TRIP Tripadvisor Inc. | 3.12% | 1,020,287 | $11.3M | Add +28.9% |
| NVST Envista Holdings Corp. | 2.74% | 599,307 | $10.0M | Add +29.0% |
| ENS Enersys | 2.69% | 134,039 | $9.8M | Reduce -8.0% |
| MWA Mueller Water Products Inc. Class A | 2.62% | 464,784 | $9.5M | Reduce -11.4% |
| DAR Darling Ingredients Inc. | 2.59% | 291,807 | $9.4M | Reduce -13.4% |
| GNTX Gentex Corp. | 2.53% | 490,384 | $9.2M | No change |
| ANF Abercrombie & Fitch Co. Class A | 2.50% | 128,614 | $9.1M | Add +19.5% |
| CBT Cabot Corp. | 2.49% | 141,644 | $9.1M | Add +19.4% |
| CMP Compass Minerals Internation | 2.45% | 520,373 | $8.9M | Reduce -31.1% |
| JBL Jabil Inc. | 2.43% | 47,508 | $8.8M | Reduce -16.4% |
| TNC Tennant Co. | 2.42% | 133,176 | $8.8M | Add +27.8% |
| EHC Encompass Health Corp. | 2.39% | 83,006 | $8.7M | Reduce -19.4% |
| TOWN Towne Bank | 2.26% | 282,752 | $8.2M | No change |
| TROX Tronox Holdings PLC | 2.11% | 1,772,579 | $7.7M | Add +6.9% |
| AMH American Homes 4 Rent- A | 2.05% | 242,518 | $7.5M | No change |
| CUBE Cubesmart | 1.94% | 195,076 | $7.1M | Reduce -2.0% |
| AKAM Akamai Technologies Inc. | 1.90% | 101,546 | $6.9M | No change |
| FSLR First Solar Inc. | 1.89% | 48,638 | $6.9M | Reduce -54.0% |
| STRA Strategic Education Inc. | 1.83% | 91,804 | $6.7M | No change |
| THR Thermon Group Holdings Inc. | 1.62% | 246,725 | $5.9M | No change |
| DOC Healthpeak Properties Inc. | 1.60% | 390,471 | $5.8M | Reduce -2.0% |
| AVTR Avantor Inc. | 1.59% | 502,500 | $5.8M | Add +133.7% |
| CTRE Caretrust REIT Inc. | 1.48% | 206,605 | $5.4M | No change |
| COHU Cohu Inc. | 1.35% | 300,228 | $4.9M | Reduce -26.3% |
| WEX Wex Inc. | 1.26% | 36,600 | $4.6M | Add +205.0% |
| RNR Renaissancere Holdings Ltd. | 1.22% | 21,517 | $4.5M | Reduce -27.6% |
| AYI Acuity Inc. | 1.15% | 16,413 | $4.2M | No change |
| ALGM Allegro Microsystems Inc. | 1.10% | 137,752 | $4.0M | Reduce -28.5% |
| IRT Independence Realty Trust Inc. | 0.98% | 236,534 | $3.6M | Add +24.5% |
| DRH Diamondrock Hospitality Co. | 0.65% | 360,000 | $2.4M | Reduce -38.9% |
Portfolio Sells Q1 2025 → Q2 2025
| FSLR First Solar Inc. | Reduce -54.0% | 1.89% | −1.64 |
| MWA Mueller Water Products Inc. Class A | Reduce -11.4% | 2.62% | −0.90 |
| ENS Enersys | Reduce -8.0% | 2.69% | −0.82 |
| RNR Renaissancere Holdings Ltd. | Reduce -27.6% | 1.22% | −0.66 |
| DRH Diamondrock Hospitality Co. | Reduce -38.9% | 0.65% | −0.55 |
| DOC Healthpeak Properties Inc. | Reduce -2.0% | 1.60% | −0.52 |
| EHC Encompass Health Corp. | Reduce -19.4% | 2.39% | −0.36 |
| CUBE Cubesmart | Reduce -2.0% | 1.94% | −0.30 |
| COHU Cohu Inc. | Reduce -26.3% | 1.35% | −0.23 |
| DAR Darling Ingredients Inc. | Reduce -13.4% | 2.59% | −0.18 |
| ALGM Allegro Microsystems Inc. | Reduce -28.5% | 1.10% | −0.17 |
| JBL Jabil Inc. | Reduce -16.4% | 2.43% | +0.39 |
| CMP Compass Minerals Internation | Reduce -31.1% | 2.45% | +0.60 |
| LITE Lumentum Holdings Inc. | Reduce -7.0% | 7.32% | +1.51 |
Portfolio Buys Q1 2025 → Q2 2025
| WFG West Fraser Timber Co. Ltd. | Add +1075.2% | 3.25% | +2.81 |
| BC Brunswick Corp. | Add +26.1% | 6.68% | +0.87 |
| WEX Wex Inc. | Add +205.0% | 1.26% | +0.76 |
| SBH Sally Beauty Holdings Inc. | Add +31.4% | 4.22% | +0.70 |
| AVTR Avantor Inc. | Add +133.7% | 1.59% | +0.67 |
| NVST Envista Holdings Corp. | Add +29.0% | 2.74% | +0.63 |
| ANF Abercrombie & Fitch Co. Class A | Add +19.5% | 2.50% | +0.33 |
| TNC Tennant Co. | Add +27.8% | 2.42% | +0.23 |
| GMED Globus Medical Inc. Class A | Add +48.4% | 3.28% | +0.20 |
| TRIP Tripadvisor Inc. | Add +28.9% | 3.12% | +0.16 |
| IRT Independence Realty Trust Inc. | Add +24.5% | 0.98% | −0.08 |
| WTFC Wintrust Financial Corp. | Add +0.3% | 5.63% | −0.10 |
| CBT Cabot Corp. | Add +19.4% | 2.49% | −0.11 |
| QDEL Quidelortho Corp. | Add +27.8% | 3.15% | −0.21 |
| PFSI Pennymac Financial Services | Add +5.2% | 3.34% | −0.25 |
| TROX Tronox Holdings PLC | Add +6.9% | 2.11% | −0.97 |
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 |