1y return+72.5%S&P 500 +20.9%
These returns are for its stock picks as disclosed on Form 13F: last quarter's holdings, valued at this quarter's prices. They miss trades within each quarter, short positions, options, bonds, cash and fees, so they aren't the returns its clients got.
$100 invested in its stock picks
Since December 31, 2024: $223 against $127 in the S&P 500.2
Vennlight Capital Management, LPS&P 500 (SPY)
Top holdings
At the end of June 30, 2026. Change is in shares since the quarter before.2
| Stock | Value | Share of portfolio | Change |
|---|---|---|---|
| BKVBkv Corp | $8.0M | 5.4% | +24.7% |
| Ferrovial NvCUSIP N3168P101 | $8.0M | 5.3% | −42.0% |
| PAMPampa Energia Sa | $7.9M | 5.3% | −9.0% |
| PPLPpl Corp | $7.9M | 5.3% | New |
| HTOH2o America | $7.8M | 5.2% | −20.6% |
| TGSTransportadora De Gas Del Su | $6.8M | 4.5% | −16.9% |
| Iren LimitedCUSIP Q4982L109 | $6.5M | 4.4% | New |
| AEPAmerican Elec Pwr Co Inc | $6.5M | 4.4% | New |
| BWBabcock & Wilcox Enterprises | $6.1M | 4.1% | New |
| DTEDte Energy Co | $6.0M | 4.0% | New |
| APLDApplied Digital Corp | $5.8M | 3.9% | New |
| MGEEMge Energy Inc | $5.6M | 3.7% | New |
| ETREntergy Corp New | $5.3M | 3.6% | +2.9% |
| DGXXDigi Pwr X Inc | $5.3M | 3.5% | −66.9% |
| PCGPg&e Corp | $5.3M | 3.5% | +161.7% |
| GLXYGalaxy Digital Inc. | $5.0M | 3.3% | −20.4% |
| CWENClearway Energy Inc | $4.3M | 2.9% | New |
| Bit Digital IncCUSIP G1144A105 | $4.3M | 2.9% | New |
| MDUMdu Res Group Inc | $3.9M | 2.6% | New |
| VRTVertiv Holdings Co | $3.3M | 2.2% | New |
| Innio NvCUSIP N52A8C105 | $2.8M | 1.9% | New |
| FRMIFermi Inc | $2.8M | 1.9% | New |
| XEX-energy Inc | $2.7M | 1.8% | New |
| CORZCore Scientific Inc New | $2.7M | 1.8% | New |
| IMSRTerrestrial Energy Inc | $2.5M | 1.7% | −38.7% |
Best picks still held
How each current holding has done since the quarter it first appeared in its filings (up to six years back).
| Stock | Held since | Return since | Now worth |
|---|---|---|---|
| DGXXDigi Pwr X Inc | December 31, 2025 | +113.7% | $5.3M |
| ENPHEnphase Energy Inc | March 31, 2026 | +30.2% | $2.4M |
| GLXYGalaxy Digital Inc. | June 30, 2025 | +24.8% | $5.0M |
| ETREntergy Corp New | December 31, 2025 | +24.3% | $5.3M |
| IMSRTerrestrial Energy Inc | March 31, 2026 | +17.9% | $2.5M |
| MWHSolv Energy Inc | March 31, 2026 | +13.4% | $2.4M |
| Ferrovial NvCUSIP N3168P101 | December 31, 2025 | +6.2% | $8.0M |
| HTOH2o America | March 31, 2026 | +3.6% | $7.8M |
| BKVBkv Corp | March 31, 2026 | −4.1% | $8.0M |
| PCGPg&e Corp | March 31, 2026 | −4.3% | $5.3M |
Sold off last quarter
- CLSKCleanspark Inc was $5.5M
- WULFTerawulf Inc was $3.7M
- HUTHut 8 Corp was $3.2M
- Bitdeer Technologies GroupCUSIP G11448100 was $3.1M
- ESEversource Energy was $2.8M
- Terra Innovatum Global NvCUSIP N85083108 was $1.4M
Quarter by quarter
| Quarter | Its picks | S&P 500 |
|---|---|---|
| June 30, 2026 | +27.5% | +14.8% |
| March 31, 2026 | +5.9% | −4.6% |
| December 31, 2025 | −9.5% | +2.4% |
| September 30, 2025 | +41.2% | +7.8% |
| June 30, 2025 | +33.9% | +10.5% |
| March 31, 2025 | −3.6% | −4.6% |
Sources
Every number on this page points here. Each one links to the public record.
- 1SEC EDGAR: Vennlight Capital Management, LP Form 13F filingshttps://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=2013462&type=13F-HR&dateb=&owner=include&count=40CIK 2013462
- 2SEC: 13F for the quarter ended June 30, 2026https://www.sec.gov/Archives/edgar/data/2013462/000121465926010393/Filed August 14, 2026 · accession 0001214659-26-010393