Brightline Capital Management
Miami, FLfiles as BRIGHTLINE CAPITAL MANAGEMENT, LLC
$462m in 11 US stocks at the end of 30 June 2026. The top 10 are 98.5% of the money. It changed about 28.2% of the portfolio this quarter.
Value
$462m
Stocks
11
Top 10 share
98.5%
Turnover
28.2%
What changed this quarter
New
Bought for the first time this quarter.
- Herc HoldingsHRI4.4% of the fund
- Trekor MetalsTGB3.3% of the fund
- Owens CorningOC2.8% of the fund
- WillScot HoldingsWSC2.1% of the fund
- Algoma Steel GroupASTL1.5% of the fund
Added
Bought more of a stock they already held.
- Constellium SECSTM13.3% of the fund+4%
- Regal RexnordRRX8.4% of the fund+30%
- FluorFLR8.2% of the fund+20%
- EcovystECVT8.1% of the fund+8%
Cut
Sold some of their stake.
None this quarter.
Sold out
Sold their entire stake.
- Amentum HoldingsAMTM-100%
- Kaiser AluminumKALU-100%
- Taseko Mines-100%
Holdings
- Trekor MetalsTGB
- Share
- 3.3%
- Value
- $15m
- Shares
- 2,200,000
New
- Algoma Steel GroupASTL
- Share
- 1.5%
- Value
- $7m
- Shares
- 1,660,000
New
| Company | Share of fund | Value | Shares | Change |
|---|---|---|---|---|
| ViasatVSAT | 41.1% | $190m | 2,112,000 | Held |
| Constellium SECSTM | 13.3% | $61m | 1,923,000 | +4% |
| Regal RexnordRRX | 8.4% | $39m | 163,000 | +30% |
| FluorFLR | 8.2% | $38m | 723,000 | +20% |
| EcovystECVT | 8.1% | $37m | 3,012,000 | +8% |
| DanaDAN | 6.8% | $32m | 1,160,000 | Held |
| Herc HoldingsHRI | 4.4% | $20m | 142,000 | New |
| Trekor MetalsTGB | 3.3% | $15m | 2,200,000 | New |
| Owens CorningOC | 2.8% | $13m | 80,000 | New |
| WillScot HoldingsWSC | 2.1% | $10m | 342,000 | New |
| Algoma Steel GroupASTL | 1.5% | $7m | 1,660,000 | New |
Over time and by industry
Value over time
Jun '25
Dec '25
Jun '26
Value is up 98.8% since 30 June 2025.
Where the money is
Media & telecom41.1%
Materials26.1%
Industrials19.4%
Retail & consumer6.8%
Technology6.5%
From the fund's 13F filings. They list US stocks and options only, 45 days after each quarter, and leave out cash, bonds, shorts and foreign shares.