Vennlight Capital Management, LP
WESTON, CT
$149m in 32 US stocks at the end of 30 June 2026. The top 10 are 48.0% of the money. It changed about 56.8% of the portfolio this quarter.
Value
$149m
Stocks
32
Top 10 share
48.0%
Turnover
56.8%
What changed this quarter
New
Bought for the first time this quarter.
- PPLPPL5.3% of the fund
- IrenIREN4.4% of the fund
- American Electric PowerAEP4.4% of the fund
- Babcock & Wilcox EnterprisesBW4.1% of the fund
- DTE EnergyDTE4.0% of the fund
- Applied DigitalAPLD3.9% of the fund
- MGE EnergyMGEE3.7% of the fund
- Clearway EnergyCWEN2.9% of the fund
- Bit DigitalBTBT2.9% of the fund
- MDU Resources GroupMDU2.6% of the fund
- Vertiv HoldingsVRT2.2% of the fund
- InnioINIO1.9% of the fund
- FermiFRMI1.9% of the fund
- X-EnergyXE1.8% of the fund
- Core ScientificCORZ1.8% of the fund
- Corporacion America AirportsCAAP1.6% of the fund
- BullishBLSH1.6% of the fund
- Liberty EnergyLBRT1.6% of the fund
- Xcel EnergyXEL1.5% of the fund
- ProPetro HoldingPUMP1.4% of the fund
Added
Bought more of a stock they already held.
- BKVBKV5.4% of the fund+25%
- EntergyETR3.6% of the fund+3%
- Pg&ePCG3.5% of the fund+162%
Cut
Sold some of their stake.
- FerrovialFER5.3% of the fund-42%
- Pampa EnergyPAM5.3% of the fund-9%
- H2O AmericaHTO5.2% of the fund-21%
- Gas Transporter of the SouthTGS4.5% of the fund-17%
- Digi Power XDGXX3.5% of the fund-67%
- Galaxy DigitalGLXY3.3% of the fund-20%
- Terrestrial EnergyIMSR1.7% of the fund-39%
- SOLV EnergyMWH1.6% of the fund-74%
- Enphase EnergyENPH1.6% of the fund-13%
Sold out
Sold their entire stake.
- CleansparkCLSK-100%
- TerawulfWULF-100%
- Hut 8HUT-100%
- Bitdeer Technologies GroupBTDR-100%
- Eversource EnergyES-100%
- Terra Innovatum GlobalNKLR-100%
Holdings
- InnioINIO
- Share
- 1.9%
- Value
- $3m
- Shares
- 71,200
New
- X-EnergyXE
- Share
- 1.8%
- Value
- $3m
- Shares
- 148,843
New
| Company | Share of fund | Value | Shares | Change |
|---|---|---|---|---|
| BKVBKV | 5.4% | $8m | 293,382 | +25% |
| FerrovialFER | 5.3% | $8m | 116,166 | -42% |
| Pampa EnergyPAM | 5.3% | $8m | 96,417 | -9% |
| PPLPPL | 5.3% | $8m | 216,329 | New |
| H2O AmericaHTO | 5.2% | $8m | 128,839 | -21% |
| Gas Transporter of the SouthTGS | 4.5% | $7m | 227,806 | -17% |
| IrenIREN | 4.4% | $7m | 143,142 | New |
| American Electric PowerAEP | 4.4% | $7m | 47,600 | New |
| Babcock & Wilcox EnterprisesBW | 4.1% | $6m | 434,022 | New |
| DTE EnergyDTE | 4.0% | $6m | 39,400 | New |
| Applied DigitalAPLD | 3.9% | $6m | 155,219 | New |
| MGE EnergyMGEE | 3.7% | $6m | 68,585 | New |
| EntergyETR | 3.6% | $5m | 46,320 | +3% |
| Digi Power XDGXX | 3.5% | $5m | 966,252 | -67% |
| Pg&ePCG | 3.5% | $5m | 312,149 | +162% |
| Galaxy DigitalGLXY | 3.3% | $5m | 181,323 | -20% |
| Clearway EnergyCWEN | 2.9% | $4m | 127,191 | New |
| Bit DigitalBTBT | 2.9% | $4m | 2,377,251 | New |
| MDU Resources GroupMDU | 2.6% | $4m | 184,163 | New |
| Vertiv HoldingsVRT | 2.2% | $3m | 9,760 | New |
| InnioINIO | 1.9% | $3m | 71,200 | New |
| FermiFRMI | 1.9% | $3m | 304,920 | New |
| X-EnergyXE | 1.8% | $3m | 148,843 | New |
| Core ScientificCORZ | 1.8% | $3m | 104,774 | New |
| Terrestrial EnergyIMSR | 1.7% | $2m | 353,010 | -39% |
| SOLV EnergyMWH | 1.6% | $2m | 70,342 | -74% |
| Enphase EnergyENPH | 1.6% | $2m | 48,300 | -13% |
| Corporacion America AirportsCAAP | 1.6% | $2m | 94,140 | New |
| BullishBLSH | 1.6% | $2m | 100,029 | New |
| Liberty EnergyLBRT | 1.6% | $2m | 88,779 | New |
| Xcel EnergyXEL | 1.5% | $2m | 27,700 | New |
| ProPetro HoldingPUMP | 1.4% | $2m | 145,700 | New |
Over time and by industry
Value over time
Jun '25
Dec '25
Jun '26
Value is up 63.7% since 30 June 2025.
Where the money is
Utilities46.6%
Industrials18.3%
Financial services17.5%
Energy8.3%
Technology7.4%
Real estate1.9%
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.