Capelight Capital Asset Management LP
Long book
$120.2M
Q1 2026
Positions
28
Top-10 weight
63%
concentration
Last quarter
+45.9%
SPY +14.8%
Turnover
52%
of book per quarter
Strategy in plain words
auto-generated from filingsCapelight Capital Asset Management LP is a concentrated fundamental stock-picker, running a $120.2M US long book across 28 positions.
The portfolio is concentrated: the top 10 names carry 63% of the portfolio. Turnover is high — positions rotate quickly, so individual names matter less than the process. Current anchor positions: SANDISK CORP, CORE SCIENTIFIC INC, LEGENCE CORP-CL A, M/I HOMES INC, CLOUDFLARE INC - CLASS A.
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
Q4 2025
+3.8%
Q1 2026
+45.9%
Sector allocation
Technology 45%
Industrials 20%
Financials 14%
Consumer discretionary 5%
Communications 5%
Other 4%
Energy 3%
Consumer staples 2%
Long book by quarter
What does Capelight Capital own?
Q1 2026 13F| Company | Sector | Shares | Value | % of book | Change |
|---|---|---|---|---|---|
| SNDK SANDISK CORP | Technology | 18.0K | $11.4M | 9.5% | Held |
| CORZ CORE SCIENTIFIC INC | Financials | 600.0K | $9.0M | 7.5% | +1233.3% |
| LGN LEGENCE CORP-CL A | Industrials | 155.0K | $8.8M | 7.3% | +63.2% |
| MHO M/I HOMES INC | Industrials | 70.0K | $8.6M | 7.1% | +27.3% |
| NET CLOUDFLARE INC - CLASS A | Technology | 40.0K | $8.3M | 6.9% | -11.1% |
| LITE LUMENTUM HOLDINGS INC | Technology | 10.0K | $7.0M | 5.8% | +100.0% |
| AMAT APPLIED MATERIALS INC | Technology | 20.0K | $6.8M | 5.7% | +100.0% |
| NVDA NVIDIA CORP | Technology | 33.0K | $5.8M | 4.8% | New |
| AMZN AMAZON.COM INC | Consumer discretionary | 25.0K | $5.2M | 4.3% | +69.1% |
| COHR COHERENT CORP | Other | 20.0K | $4.8M | 4.0% | +66.7% |
| ROKU ROKU INC | Communications | 40.0K | $3.8M | 3.1% | Held |
| GLXY GALAXY DIGITAL INC-A | Financials | 205.0K | $3.8M | 3.1% | +13.9% |
| META META PLATFORMS INC-CLASS A | Technology | 6.0K | $3.4M | 2.9% | +20.0% |
| PUMP PROPETRO HOLDING CORP | Energy | 225.0K | $3.2M | 2.7% | New |
| GOOG ALPHABET INC-CL C | Technology | 10.0K | $2.9M | 2.4% | -60.0% |
| TPB TURNING POINT BRANDS INC | Consumer staples | 28.0K | $2.4M | 2.0% | +55.6% |
| AFRM AFFIRM HOLDINGS INC | Financials | 50.0K | $2.3M | 1.9% | -24.2% |
| CRDO CREDO TECHNOLOGY GROUP HOLDI | Technology | 20.0K | $1.9M | 1.6% | +81.8% |
| RDW REDWIRE CORP | Industrials | 200.0K | $1.7M | 1.4% | +14.3% |
| DASH DOORDASH INC - A | Services media | 11.0K | $1.7M | 1.4% | New |
| MDB MONGODB INC | Technology | 5.0K | $1.2M | 1.0% | New |
| ACMR ACM RESEARCH INC-CLASS A | Industrials | 30.0K | $1.2M | 1.0% | -40.0% |
| ASTS AST SPACEMOBILE INC | Communications | 13.7K | $1.1M | 0.9% | -24.0% |
| PSIX POWER SOLUTIONS INTERNATIONA | Industrials | 15.0K | $913K | 0.8% | New |
13F filing history
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