Alight Capital Management LP

Fundamental diversified ★Signal technology specialist (62%) CIK 1651473
League rank
#9
in Fundamental diversified · #74 overall
Long book
$343.7M
Q1 2026
Positions
56
Top-10 weight
46%
concentration
Last quarter
+42.1%
SPY +14.8%
Turnover
41%
of book per quarter

Strategy in plain words

auto-generated from filings

Alight Capital Management LP is a diversified fundamental manager, specialised in technology (62% of the long book), running a $343.7M US long book across 56 positions.

The portfolio is moderately concentrated (top 10 ≈ 46% of the book). The portfolio is actively managed, with meaningful quarterly turnover. Current anchor positions: NVIDIA CORP, APPLE INC, AMAZON.COM INC, FLEX LTD, TAIWAN SEMICONDUCTOR-SP ADR.

Over the last 9 quarters its long book ran on average 4.7pp per quarter ahead of the S&P 500, beating the index in 4 of 9 quarters. We rate its filings as signal-bearing: position changes reflect genuine views.

Implied long-book return vs S&P 500

methodology: positions priced quarterly, no shorts/options
Fund long book S&P 500
Q1 2024
+3.2%
Q2 2024
+3.1%
Q3 2024
+12.2%
Q4 2024
-16.8%
Q1 2025
+24.5%
Q2 2025
+16.8%
Q3 2025
+2.4%
Q4 2025
-4.8%
Q1 2026
+42.1%

Sector allocation

Technology
59%
Financials
15%
Industrials
10%
Consumer discretionary
7%
Other
4%
Services media
4%
Real estate
1%

Long book by quarter

$315.1M
Q1 2024
$404.1M
Q2 2024
$277.1M
Q3 2024
$296.6M
Q4 2024
$189.7M
Q1 2025
$393.7M
Q2 2025
$418.3M
Q3 2025
$373.1M
Q4 2025
$343.7M
Q1 2026

What does Alight Capital own?

Q1 2026 13F
CompanySectorSharesValue% of bookChange
NVDA NVIDIA CORPTechnology145.0K$25.3M7.4%+45.0%
AAPL APPLE INCTechnology95.0K$24.1M7.0%+280.0%
AMZN AMAZON.COM INCConsumer discretionary109.7K$22.8M6.6%+9.7%
FLEX FLEX LTDTechnology257.5K$16.9M4.9%+296.1%
INTC INTEL CORPTechnology300.0K$13.2M3.9%+50.0%
NFLX NETFLIX INCServices media122.5K$11.8M3.4%+75.0%
MSFT MICROSOFT CORPTechnology31.4K$11.6M3.4%-42.9%
AVGO BROADCOM INCTechnology30.0K$9.3M2.7%+200.0%
KLAC KLA CORPOther6.0K$8.8M2.6%+20.0%
VRSN VERISIGN INCTechnology35.0K$8.7M2.5%New
RMBS RAMBUS INCTechnology100.0K$8.6M2.5%New
AMAT APPLIED MATERIALS INCTechnology25.0K$8.5M2.5%-16.7%
RKT ROCKET COS INC-CLASS AFinancials575.0K$8.2M2.4%-17.9%
AMD ADVANCED MICRO DEVICESTechnology40.0K$8.1M2.4%New
RIOT RIOT PLATFORMS INCFinancials600.0K$7.4M2.2%Held
CAT CATERPILLAR INCIndustrials10.0K$7.1M2.1%Held
HUT HUT 8 CORPFinancials150.0K$7.0M2.0%-50.0%
UWMC UWM HOLDINGS CORPFinancials1.9M$7.0M2.0%+140.6%
MCHP MICROCHIP TECHNOLOGY INCTechnology100.0K$6.5M1.9%New
VICR VICOR CORPTechnology40.0K$6.4M1.9%-55.6%
BKR BAKER HUGHES COIndustrials105.0K$6.4M1.9%+5.0%
LRCX LAM RESEARCH CORPIndustrials30.0K$6.4M1.9%-40.0%
META META PLATFORMS INC-CLASS ATechnology10.5K$6.0M1.7%-73.8%
TTWO TAKE-TWO INTERACTIVE SOFTWRETechnology30.0K$5.9M1.7%New
ASML ASML HOLDING NV-NY REG SHSIndustrials4.0K$5.3M1.5%-33.3%
SNDK SANDISK CORPTechnology8.0K$5.1M1.5%New
WULF TERAWULF INCFinancials350.0K$5.1M1.5%+9.4%
CLSK CLEANSPARK INCFinancials500.0K$4.3M1.2%+42.9%
STXN SEAGATE TECHNOLOGY HOLDINGS10.0K$3.9M1.1%New
CIFR CIPHER DIGITAL INCFinancials300.0K$3.9M1.1%Held
CRM SALESFORCE INCTechnology20.0K$3.7M1.1%-59.6%
IREN IREN LTDFinancials100.0K$3.4M1.0%+11.1%
OPEN OPENDOOR TECHNOLOGIES INCReal estate650.0K$3.0M0.9%+225.0%
XYZ BLOCK INCTechnology50.0K$3.0M0.9%New
CORZ CORE SCIENTIFIC INCFinancials198.3K$3.0M0.9%New
FFIV F5 INCTechnology10.0K$2.9M0.8%New
ESTC ELASTIC NVTechnology55.0K$2.7M0.8%-1.8%
WDC WESTERN DIGITAL CORPTechnology10.0K$2.7M0.8%Held
MDB MONGODB INCTechnology10.0K$2.4M0.7%-50.0%
APLD APPLIED DIGITAL CORPTechnology100.0K$2.4M0.7%-33.3%
UPS UNITED PARCEL SERVICE-CL BIndustrials22.4K$2.2M0.6%+12.2%
GLW CORNING INCIndustrials15.0K$2.0M0.6%-50.0%
NOW SERVICENOW INCTechnology15.0K$1.6M0.5%-40.0%
ORCL ORACLE CORPTechnology10.0K$1.5M0.4%Held
CLS CELESTICA INCTechnology5.0K$1.4M0.4%-50.0%
ASPI ASP ISOTOPES INCOther300.0K$1.3M0.4%New
DOCU DOCUSIGN INCTechnology25.0K$1.2M0.3%New
AMRZ AMRIZE LTDIndustrials20.0K$1.1M0.3%-60.0%
NET CLOUDFLARE INC - CLASS ATechnology5.0K$1.0M0.3%New
BE BLOOM ENERGY CORP- AIndustrials7.0K$948K0.3%-30.0%

13F filing history

PeriodFormFiledEntriesReported valueFlagsSource
Q1 202613F-HRMay 15, 202664$417.3M canonicalSEC ↗
Q4 202513F-HRFeb 17, 202662$391.3M canonicalSEC ↗
Q3 202513F-HRNov 14, 202562$462.0M canonicalSEC ↗
Q2 202513F-HRAug 14, 202557$410.1M canonicalSEC ↗
Q1 202513F-HRMay 15, 202548$216.0M canonicalSEC ↗
Q4 202413F-HRFeb 14, 202553$306.3M canonicalSEC ↗
Q3 202413F-HRNov 14, 202458$289.5M canonicalSEC ↗
Q2 202413F-HRAug 14, 202462$409.3M canonicalSEC ↗
Q1 202413F-HRMay 15, 202453$315.1M canonicalSEC ↗