BRIGHTLIGHT CAPITAL MANAGEMENT LP
Hedge Fund • Long/Short
BRIGHTLIGHT CAPITAL MANAGEMENT LP is a Long/Short Hedge Fund based in Westport, CT led by Mihail Alexandru Covaci, reporting $427.3M in AUM as of Q3 2025 with 49% Unknown concentration, with only 10 positions, and 26% allocation to CVNA.
PresidentMihail Alexandru Covaci
- Portfolio Value
- $165.2M
- Positions
- 10
- Top Holding
- CVNA at 25.84%
- Last Reported
- Q3 2025
Top Holdings
Largest long holdings in BRIGHTLIGHT CAPITAL MANAGEMENT LP's portfolio (100% of total portfolio)
GthenH
| Holding | Sector | Position | Weight | Traded | Ownership |
|---|---|---|---|---|---|
Specialty Retail Consumer Cyclical | $42.7M | 25.84% | -$16.9M Sold | 0.08% 113.2K shares | |
Unknown Unknown | $35.3M | 21.35% | — | — 432.0K shares | |
Unknown Unknown | $17.0M | 10.26% | +$2.5K Bought | — 6.3M shares | |
Gambling, Resorts & Casinos Consumer Cyclical | $16.0M | 9.68% | — | 0.43% 382.7K shares | |
Restaurants Consumer Cyclical | $15.1M | 9.13% | +$2.3M Bought | 1.06% 2.2M shares | |
Unknown Unknown | $11.3M | 6.86% | -$3.3M Sold | — 1.2M shares | |
Unknown Unknown | $10.9M | 6.57% | — | 0.12% 462.2K shares | |
Furnishings, Fixtures & Appliances Consumer Cyclical | $7.8M | 4.72% | — | 4.88% 1.1M shares | |
Unknown Unknown | $7.2M | 4.37% | -$2.4M Sold | 0.42% 150.1K shares | |
Integrated Freight & Logistics Industrials | $2.0M | 1.21% | +$2.0M New | 1.04% 290.1K shares |
Changes
Portfolio activity, position movements, and quarter-over-quarter changes in BRIGHTLIGHT CAPITAL MANAGEMENT LP's latest filing
GthenC
Market Value
Q/Q Change
Net Flows % of MV
Turnover Ratio
New Purchases
Added To
Sold Out Of
Reduced Holdings
Increased Positions
| Position | Shares Δ |
|---|---|
New | |
+17.73% | |
+0.01% |
Decreased Positions
| Position | Shares Δ |
|---|---|
Sold | |
-28.35% | |
-24.95% | |
-22.74% |
Analytics
Portfolio insights and performance metrics for BRIGHTLIGHT CAPITAL MANAGEMENT LP
GthenA