Vennlight Capital Management, LP
In its 13F for Q1 2025 (holdings as of March 31, 2025, filed May 15, 2025), Vennlight Capital Management, LP reported 5 stock positions worth $47.2 million. Its top holding was TXNM Energy (TXNM) at 56.2% of the portfolio, followed by Vistra (VST, 16.3%) and Hut 8 (HUT, 10.9%). Compared with Q4 2024, it sold out of 10, added to 4 and reduced 1. The biggest buy was TXNM Energy (TXNM, shares +66%) and the biggest sale an exit from Entergy (ETR).
- Most Recent 13F
- Q2 2026
- Location
- WESTON, CT
- CIK
- 0002013462
- Portfolio Value
- $47.2M (Q1 2025)
- SEC Filing
- 0001214659-25-007844 ↗ filed May 15, 2025
Holdings Value
Holdings 5 stocks · $47.2M
Portfolio Sells Q4 2024 → Q1 2025
| ETR Entergy Corp. | Sold out | 0.00% | −10.69 |
| TLN Talen Energy Corp. | Sold out | 0.00% | −9.86 |
| EVRG Evergy Inc. | Sold out | 0.00% | −9.84 |
| XEL Xcel Energy Inc. | Sold out | 0.00% | −9.81 |
| NI Nisource Inc. | Sold out | 0.00% | −9.15 |
| PCG P G & E Corp. | Sold out | 0.00% | −7.09 |
| CORZ Core Scientific Inc. | Sold out | 0.00% | −5.77 |
| ES Eversource Energy | Sold out | 0.00% | −4.81 |
| APLD Applied Digital Corp. | Sold out | 0.00% | −2.65 |
| RIOT Riot Platforms Inc. | Sold out | 0.00% | −1.23 |
| VST Vistra Corp. | Reduce -11.9% | 16.27% | +6.56 |
Portfolio Buys Q4 2024 → Q1 2025
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 32 | $149.2M | BKV, FER, PAM, PPL, HTO |
| Q1 2026 | 18 | $99.0M | FER, HTO, TGS, PAM, MWH |
| Q4 2025 | 24 | $85.7M | XEL, FER, GPRK, CPK, WULF |
| Q3 2025 | 25 | $76.9M | IMSR, SMR, PCG, TLN, AES |
| Q2 2025 | 17 | $91.1M | IMSR, TLN, SR, HUT, GLXY |
| Q1 2025 | 5 | $47.2M | TXNM, VST, HUT, WULF, CIFR |
| Q4 2024 | 15 | $105.3M | TXNM, ETR, TLN, EVRG, XEL |