Managers / Q2 2019 · view latest →
BRIGHTLINE CAPITAL MANAGEMENT, LLC
CIK 0001432450 · 2 S. BISCAYNE BOULEVARD, SUITE 2580, MIAMI, FL, 33131 · 305-423-0834
Summary
Brightline Capital Management, LLC reported $95M in U.S.-listed holdings across 11 positions for Q2 2019.
Its largest position, NXST, represents 13.3% of the portfolio.
Compared with Q1 2019, the fund opened 5 new positions and exited 5.
Portfolio Metrics
Methodology: turnover is min(value bought, value sold) ÷ average reported value across the two quarters — value-based, so market moves inflate it slightly versus a share-based measure. Concentration and largest position are shares of the filing’s total reported value, options excluded, with multiple share classes and repeated sub-manager rows for the same issuer combined into one position — the same rule the holdings table uses by default. New/exited counts compare against the prior filed quarter. All figures derive solely from the fund’s 13F filings.
Reported Value by Quarter
Portfolio Composition
- Common Stock · 100.0% · $95M
Quarter-over-Quarter Changes full breakdown →
vs Q1 2019 (amended baseline)
| Issuer | Move | Share Δ | Shares now | Value Δ | Value now |
|---|---|---|---|---|---|
| VSATVIASAT INC | NEW | +140.0K | 140.0K | +$11M | $11M |
| TROXTRONOX HOLDINGS PLC | NEW | +675.0K | 675.0K | +$9M | $9M |
| BMCHBMC STK HLDGS INC | NEW | +280.0K | 280.0K | +$6M | $6M |
| LPGDORIAN LPG LTD | NEW | +410.0K | 410.0K | +$4M | $4M |
| VSLRVIVINT SOLAR INC | NEW | +500.0K | 500.0K | +$4M | $4M |
| RUNSUNRUN INC | ADDED | +430.0K | 630.0K | +$9M | $12M |
| BLDRBUILDERS FIRSTSOURCE INC | ADDED | +305.0K | 545.0K | +$6M | $9M |
| HCCWARRIOR MET COAL INC | SOLD OUT | −130.0K | 0 | −$4M | $0 |
Value changes conflate price moves with buying and selling — share changes are the real signal. Share counts are not split-adjusted.
Holdings — Q2 2019
| # | Issuer | Class | % Portfolio | Value ↓ | Shares |
|---|---|---|---|---|---|
| 1 | NXSTNEXSTAR MEDIA GROUP INChistory → | CL A | 13.29% | $13M | 125.0K |
| 2 | SINCLAIR BROADCAST GROUP INC | CL A | 12.98% | $12M | 230.0K |
| 3 | RUNSUNRUN INChistory → | COM | 12.44% | $12M | 630.0K |
| 4 | VSATVIASAT INChistory → | COM | 11.91% | $11M | 140.0K |
| 5 | GTNGRAY TELEVISION INChistory → | COM | 10.01% | $10M | 580.0K |
| 6 | BLDRBUILDERS FIRSTSOURCE INChistory → | COM | 9.67% | $9M | 545.0K |
| 7 | TROXTRONOX HOLDINGS PLChistory → | SHS | 9.08% | $9M | 675.0K |
| 8 | MTORMERITOR INChistory → | COM | 6.64% | $6M | 260.0K |
| 9 | BMCHBMC STK HLDGS INChistory → | COM | 6.25% | $6M | 280.0K |
| 10 | LPGDORIAN LPG LTDhistory → | SHS USD | 3.89% | $4M | 410.0K |
| 11 | VSLRVIVINT SOLAR INChistory → | COM | 3.84% | $4M | 500.0K |
Filing History
| Quarter | Reported Value | Positions | Filed | Type | Links |
|---|---|---|---|---|---|
| Q1 2026 | $338M | 9 | May 15, 2026 | 13F-HR | changes · EDGAR ↗ |
| Q4 2025 | $247M | 8 | Feb 13, 2026 | 13F-HR | changes · EDGAR ↗ |
| Q3 2025 | $244M | 10 | Nov 13, 2025 | 13F-HR | changes · EDGAR ↗ |
| Q2 2025 | $232M | 15 | Aug 14, 2025 | 13F-HR | changes · EDGAR ↗ |
| Q1 2025 | $115M | 12 | May 14, 2025 | 13F-HR | changes · EDGAR ↗ |
| Q4 2024 | $146M | 13 | Feb 13, 2025 | 13F-HR | changes · EDGAR ↗ |
| Q3 2024 | $237M | 20 | Nov 13, 2024 | 13F-HR | changes · EDGAR ↗ |
| Q2 2024 | $201M | 19 | Aug 13, 2024 | 13F-HR | changes · EDGAR ↗ |
| Q1 2024 | $166M | 15 | May 14, 2024 | 13F-HR | changes · EDGAR ↗ |
| Q4 2023 | $92M | 10 | Feb 14, 2024 | 13F-HR | changes · EDGAR ↗ |
| Q3 2023 | $24M | 4 | Oct 31, 2023 | 13F-HR | changes · EDGAR ↗ |
| Q2 2023 | $9M | 1 | Aug 11, 2023 | 13F-HR | changes · EDGAR ↗ |
| Q1 2023 | $0 | 1 | May 5, 2023 | 13F-HR | changes · EDGAR ↗ |
| Q4 2022 | $45M | 5 | Feb 3, 2023 | 13F-HR | changes · EDGAR ↗ |
| Q3 2022 | $50M | 5 | Nov 9, 2022 | 13F-HR | changes · EDGAR ↗ |
| Q2 2022 | $43M | 4 | Aug 3, 2022 | 13F-HR | changes · EDGAR ↗ |
| Q1 2022 | $143M | 9 | May 12, 2022 | 13F-HR | changes · EDGAR ↗ |
| Q4 2021 | $163M | 13 | Feb 7, 2022 | 13F-HR | changes · EDGAR ↗ |
| Q3 2021 | $140M | 12 | Nov 8, 2021 | 13F-HR | changes · EDGAR ↗ |
| Q2 2021 | $149M | 11 | Aug 9, 2021 | 13F-HR | changes · EDGAR ↗ |
| Q1 2021 | $148M | 13 | May 12, 2021 | 13F-HR | changes · EDGAR ↗ |
| Q4 2020 | $132M | 15 | Feb 9, 2021 | 13F-HR | changes · EDGAR ↗ |
| Q3 2020 | Under review | 11 | Nov 10, 2020 | 13F-HR | changes · EDGAR ↗ |
| Q2 2020 | $26.4B | 6 | Aug 4, 2020 | 13F-HR | changes · EDGAR ↗ |
| Q1 2020 | $0 | 1 | May 5, 2020 | 13F-HR | changes · EDGAR ↗ |
| Q4 2019 | Under review | 10 | Feb 6, 2020 | 13F-HR | changes · EDGAR ↗ |
| Q3 2019 | Under review | 13 | Nov 12, 2019 | 13F-HR | changes · EDGAR ↗ |
| Q2 2019 | $95M | 11 | Aug 12, 2019 | 13F-HR | changes · EDGAR ↗ |
| Q1 2019 | $63M | 11 | May 9, 2019 | 13F-HR | changes · EDGAR ↗ |
| Q4 2018 | $18M | 2 | Feb 8, 2019 | 13F-HR | changes · EDGAR ↗ |
13F filings are due up to 45 days after quarter end, so holdings shown here lag the fund’s current book. Source: original SEC filing on EDGAR ↗.