Beaconlight Capital 13F annual report
Beaconlight Capital is an investment fund managing more than $223 billion ran by Ed Bosek. There are currently 26 companies in Mr. Bosek’s portfolio. The largest investments include Constellium SE and Cogent Communications Hldgs, together worth $48.5 billion.
$223 billion Assets Under Management (AUM)
As of 7th May 2024, Beaconlight Capital’s top holding is 1,231,805 shares of Constellium SE currently worth over $27.2 billion and making up 12.2% of the portfolio value.
Relative to the number of outstanding shares of Constellium SE, Beaconlight Capital owns more than approximately 0.1% of the company.
In addition, the fund holds 325,314 shares of Cogent Communications Hldgs worth $21.3 billion.
The third-largest holding is Digimarc Corp New worth $21.1 billion and the next is General Mtrs Co worth $16.9 billion, with 372,767 shares owned.
Currently, Beaconlight Capital's portfolio is worth at least $223 billion. The total portfolio value may be much higher due to cash
assets that are not publicly disclosed such as fixed income, real estate, or cash equivalents.
Careers at Beaconlight Capital
The Beaconlight Capital office and employees reside in New York, New York. According to the last 13-F report filed with the SEC, Ed Bosek serves as the Managing Member at Beaconlight Capital.
Recent trades
In the most recent 13F filing, Beaconlight Capital revealed that it had opened a new position in
Geo and bought 407,526 shares worth $5.75 billion.
This means they effectively own approximately 0.1% of the company.
Geo makes up
100.0%
of the fund's Real Estate sector allocation and has decreased its share price by approximately 0.1% in the past year.
The investment fund also strengthened its position in Constellium SE by buying
121,936 additional shares.
This makes their stake in Constellium SE total 1,231,805 shares worth $27.2 billion.
Constellium SE dropped approximately 0.1% in the past year.
On the other hand, there are companies that Beaconlight Capital is getting rid of from its portfolio.
Beaconlight Capital closed its position in Equitrans Midstream on 14th May 2024.
It sold the previously owned 271,606 shares for $2.76 billion.
Ed Bosek also disclosed a decreased stake in Cogent Communications Hldgs by approximately 0.1%.
This leaves the value of the investment at $21.3 billion and 325,314 shares.
One of the smallest hedge funds
The two most similar investment funds to Beaconlight Capital are Innealta Capital and Sara-bay. They manage $223 billion and $223 billion respectively.
Ed Bosek investment strategy
Beaconlight Capital’s portfolio is diversified across 9 sectors.
Currently, their heaviest sector is Materials — making up 19.0% of
the total portfolio value.
The fund focuses on investments in the United States as
65.4% of the portfolio companies
are based in the United States.
The majority of the companies in the fund’s portfolio are large-cap stocks.
Stocks with a size of more than $10 billion in market cap make up
19% of the total holdings value.
On the other hand, small-cap stocks make up only approximately 0.1% of the portfolio.
The average market cap of the portfolio companies is close to $10.8 billion.
The complete list of Beaconlight Capital trades based on 13F SEC filings
These positions were updated on May 14th based on the fund’s latest 13F filing. Quickly find out what the most recently closed or increased positions are.
| Security | Shares Owned | Value | Allocation |
|---|---|---|---|
| Constellium SE |
10.99%
1,231,805
|
$27,235,209,000 | 12.22% |
| Cogent Communications Hldgs |
4.67%
325,314
|
$21,252,764,000 | 9.54% |
| Digimarc Corp New |
34.66%
778,017
|
$21,146,502,000 | 9.49% |
| General Mtrs Co |
29.06%
372,767
|
$16,904,983,000 | 7.58% |
| Resideo Technologies Inc |
8.00%
663,141
|
$14,867,621,000 | 6.67% |
| Western Digital Corp. |
19.42%
180,268
|
$12,301,488,000 | 5.52% |
| Cenovus Energy Inc |
79.71%
613,720
|
$12,268,263,000 | 5.50% |
| Cheniere Energy Inc. |
3.25%
73,868
|
$11,913,431,000 | 5.35% |
| Jeld-wen Hldg Inc |
6.88%
554,439
|
$11,770,740,000 | 5.28% |
| Tandem Diabetes Care Inc |
272.68%
247,186
|
$8,752,856,000 | 3.93% |
| Freeport-McMoRan Inc |
60.44%
164,382
|
$7,729,242,000 | 3.47% |
| Natera Inc |
62.93%
74,887
|
$6,849,165,000 | 3.07% |
| Geo Group, Inc. |
Opened
407,526
|
$5,754,267,000 | 2.58% |
| Flowserve Corp. |
28.91%
122,173
|
$5,580,863,000 | 2.50% |
| Sabre Corp |
3.51%
2,065,114
|
$4,997,576,000 | 2.24% |
| Valvoline Inc |
Opened
111,777
|
$4,981,901,000 | 2.24% |
| Vestis Corporation |
40.24%
246,658
|
$4,753,100,000 | 2.13% |
| Vistra Corp |
76.69%
65,204
|
$4,541,459,000 | 2.04% |
| Vicor Corp. |
10.30%
99,458
|
$3,803,274,000 | 1.71% |
| Olin Corp. |
17.17%
64,606
|
$3,798,833,000 | 1.70% |
| Equitrans Midstream Corporation |
Closed
271,606
|
$2,764,949,000 | |
| Gulfport Energy Corp. |
45.70%
14,423
|
$2,309,411,000 | 1.04% |
| Genius Sports Limited |
Closed
348,903
|
$2,156,221,000 | |
| Alcoa Corp |
Opened
61,644
|
$2,082,951,000 | 0.93% |
| Quanta Svcs Inc |
12.28%
7,676
|
$1,994,225,000 | 0.89% |
| SmartRent Inc |
48.30%
732,759
|
$1,963,794,000 | 0.88% |
| Array Technologies, Inc. |
Opened
126,340
|
$1,883,729,000 | 0.85% |
| Teck Resources Ltd |
Opened
31,512
|
$1,442,619,000 | 0.65% |
| EQT Corp |
Closed
37,269
|
$1,440,820,000 | |
| Universal Display Corp. |
Closed
5,950
|
$1,137,997,000 | |
| No transactions found | |||
| Showing first 500 out of 30 holdings | |||
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