VC
Vennlight Capital Management, LP
High-turnover traderSector-focusedContrarian
Total reported value
$99.0M
Reporting period: 2026-03-31 · Number of holdings: 18
Vennlight Capital Management, LP disclosed 18 holdings in its latest 13F filing for the period ending 2026-03-31, with total reported value of $99.0M and a quarterly turnover rate of 145.2%.
Personality snowflake
- Concentration
- 29.57
- Portfolio Stability
- 100
- Momentum/Contrarian
- 0
- Sector conviction
- 100
- Diversification
- 36
- Sizing Uniformity
- 94.08
Recent moves
Add N3168P101
+73.0% $5.6M
Trim IMSR
-46.6% -$3.1M
Add GLXY
+153.0% $2.2M
Add G11448100
+292.2% $2.1M
Add ETR
+43.6% $2.2M
Trim WULF
-45.9% -$1.8M
Holdings Map
New buyAddUnchangedTrim
Top 10 holdings by weight
Full holdings list this quarter
| # | Ticker | Issuer | Asset Subclass | Weight | Weight Change | Shares Change | 4Q Trend |
|---|---|---|---|---|---|---|---|
| 1 | ✓ | Ferrovial Se | Stock-Other | 13.18% | +5.26% | +73.00% | |
| 2 | HTO | H2o America | Stock-Other | 9.62% | +9.62% | NEW | |
| 3 | TGS | Transportador Gas-adr Sp B | Stock-Other | 9.58% | +9.58% | NEW | |
| 4 | PAM | Pampa Energia Sa-spon Adr | Stock-Other | 9.48% | +9.48% | NEW | |
| 5 | MWH | Solv Energy Inc-cl A | Stock-Other | 8.28% | +8.28% | NEW | |
| 6 | BKV | Bkv Corporation | Stock-Other | 6.78% | +6.78% | NEW | |
| 7 | DGXX | Digi Power X INC | Stock-Other | 5.99% | +1.26% | +66.51% | |
| 8 | CLSK | Cleanspark INC | Stock-Financials | 5.55% | +5.55% | NEW | |
| 9 | ETR | Entergy CORP | Stock-Utilities | 5.11% | +2.05% | +43.60% | |
| 10 | GLXY | Galaxy Digital Inc-a | Stock-Other | 4.25% | +2.12% | +153.00% | |
| 11 | WULF | Terawulf INC | Stock-Financials | 3.76% | -2.04% | -45.87% | |
| 12 | IMSR | Terrestrial Energy INC | Stock-Other | 3.49% | -3.48% | -46.59% | |
| 13 | HUT | Hut 8 CORP | Stock-Financials | 3.27% | +3.27% | NEW | |
| 14 | ✓ | Bitdeer Technologies Group | Stock-Other | 3.15% | +2.06% | +292.21% | |
| 15 | ES | Eversource Energy | Stock-Utilities | 2.84% | +2.84% | NEW | |
| 16 | ENPH | Enphase Energy INC | Stock-Tech | 2.12% | +2.12% | NEW | |
| 17 | PCG | P G & E CORP | Stock-Utilities | 2.12% | +2.12% | NEW | |
| 18 | ✓ | Stock-Other | 1.44% | -1.60% | -50.63% |
Reported value over time
Sector allocation
Sector allocation over time
Quarterly history
Holding changes this quarter
Vennlight Capital Management, LP's most significant position changes for 2026-03-31: Sold out: Xcel Energy INC (XEL); New buy: H2o America (HTO); New buy: Transportador Gas-adr Sp B (TGS); New buy: Pampa Energia Sa-spon Adr (PAM); New buy: Solv Energy Inc-cl A (MWH).
| # | Ticker | Issuer | Weight Change | Shares Change | Action |
|---|---|---|---|---|---|
| 1 | ✓ | Ferrovial Se | +5.3% | +73.00% | Add |
| 2 | GLXY | Galaxy Digital Inc-a | +2.1% | +153.00% | Add |
| 3 | ✓ | Bitdeer Technologies Group | +2.1% | +292.21% | Add |
| 4 | ETR | Entergy CORP | +2.1% | +43.60% | Add |
| 5 | DGXX | Digi Power X INC | +1.3% | +66.51% | Add |
| 6 | ✓ | -1.6% | -50.63% | Trim | |
| 7 | WULF | Terawulf INC | -2% | -45.87% | Trim |
| 8 | IMSR | Terrestrial Energy INC | -3.5% | -46.59% | Trim |
| 9 | XEL | Xcel Energy INC | — | EXIT | Sold out |
| 10 | HTO | H2o America | — | NEW | New buy |
| 11 | TGS | Transportador Gas-adr Sp B | — | NEW | New buy |
| 12 | PAM | Pampa Energia Sa-spon Adr | — | NEW | New buy |
| 13 | MWH | Solv Energy Inc-cl A | — | NEW | New buy |
| 14 | BKV | Bkv Corporation | — | NEW | New buy |
| 15 | GPRK | GeoPark Limited | — | EXIT | Sold out |
| 16 | CLSK | Cleanspark INC | — | NEW | New buy |
| 17 | CPK | Chesapeake Utilities CORP | — | EXIT | Sold out |
| 18 | LNT | Alliant Energy CORP | — | EXIT | Sold out |
| 19 | CIFR | Cipher Digital INC | — | EXIT | Sold out |
| 20 | IDA | Idacorp INC | — | EXIT | Sold out |
| 21 | NI | Nisource INC | — | EXIT | Sold out |
| 22 | HUT | Hut 8 CORP | — | NEW | New buy |
| 23 | BE | Bloom Energy Corp- A | — | EXIT | Sold out |
| 24 | SR | Spire INC | — | EXIT | Sold out |
| 25 | ES | Eversource Energy | — | NEW | New buy |
| 26 | ✓ | Iren LTD F | — | EXIT | Sold out |
| 27 | AES | Aes CORP | — | EXIT | Sold out |
| 28 | BWXT | Bwx Technologies INC | — | EXIT | Sold out |
| 29 | ENPH | Enphase Energy INC | — | NEW | New buy |
| 30 | PCG | P G & E CORP | — | NEW | New buy |
| 31 | 1B2 | Bitfarms Ltd/canada | — | EXIT | Sold out |
| 32 | HIVE | Hive Digital Technologies Lt | — | EXIT | Sold out |
| 33 | APLD | Applied Digital CORP | — | EXIT | Sold out |
| 34 | TLN | Talen Energy CORP | — | EXIT | Sold out |
| 35 | ETN | Eaton Corporation plc | — | EXIT | Sold out |
| 36 | FLNC | Fluence Energy INC | — | EXIT | Sold out |
FAQ
What is Vennlight Capital Management, LP and what type of investor is it?
Vennlight Capital Management, LP is a investment manager that files SEC Form 13F quarterly, disclosing its U.S. public equity holdings to regulators. As of the most recent reporting period (2026-03-31), the firm manages a tracked equity portfolio valued at approximately $99.0M, spread across 18 disclosed positions.
What are Vennlight Capital Management, LP's largest equity positions?
Based on the latest 13F filing, Vennlight Capital Management, LP's top holdings by market value are:
1. Ferrovial Se — $13.0M (13.2%)
2. H2o America (HTO) — $9.5M (9.6%)
3. Transportador Gas-adr Sp B (TGS) — $9.5M (9.6%)
4. Pampa Energia Sa-spon Adr (PAM) — $9.4M (9.5%)
5. Solv Energy Inc-cl A (MWH) — $8.2M (8.3%)
What changes did Vennlight Capital Management, LP make in its most recent portfolio filing?
In the latest reported quarter, Vennlight Capital Management, LP made 36 notable position adjustments: 10 new positions were initiated, 5 existing holdings were added to, 3 positions were partially reduced, and 18 were completely exited. The largest of these moves: Sold out: Xcel Energy INC (XEL); New buy: H2o America (HTO); New buy: Transportador Gas-adr Sp B (TGS); New buy: Pampa Energia Sa-spon Adr (PAM); New buy: Solv Energy Inc-cl A (MWH)
What sectors does Vennlight Capital Management, LP focus on?
Vennlight Capital Management, LP is concentrated in the following sectors based on its current disclosed equity portfolio:
• Financials: 50.8%
• Utilities: 40.6%
• Information Technology: 8.6%