Managers / Q2 2021 · 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 $149M in U.S.-listed holdings across 11 positions for Q2 2021.
Its largest position, DAR, represents 13.6% of the portfolio.
Compared with Q1 2021, the fund opened 2 new positions and exited 4.
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 · 90.2% · $134M
- Other · 9.8% · $15M
Quarter-over-Quarter Changes full breakdown →
vs Q1 2021 (amended baseline)
| Issuer | Move | Share Δ | Shares now | Value Δ | Value now |
|---|---|---|---|---|---|
| RICE ACQUISITION CORP | NEW | +810.0K | 810.0K | +$15M | $15M |
| RESOLUTE FST PRODS INC | NEW | +860.0K | 860.0K | +$10M | $10M |
| CFCF INDS HLDGS INC | ADDED | +175.0K | 260.0K | +$10M | $13M |
| BUNGE LIMITED | SOLD OUT | −200.0K | 0 | −$16M | $0 |
| AMANTERO MIDSTREAM CORP | SOLD OUT | −1.30M | 0 | −$12M | $0 |
| RYAMRAYONIER ADVANCED MATLS INC | SOLD OUT | −1.00M | 0 | −$9M | $0 |
| ARANTERO RESOURCES CORP | SOLD OUT | −600.0K | 0 | −$6M | $0 |
| ARCONIC CORPORATION | HELD | +0 | 520.0K | +$5M | $19M |
Value changes conflate price moves with buying and selling — share changes are the real signal. Share counts are not split-adjusted.
Holdings — Q2 2021
| # | Issuer | Class | % Portfolio | Value ↓ | Shares |
|---|---|---|---|---|---|
| 1 | DARDARLING INGREDIENTS INChistory → | COM | 13.63% | $20M | 300.0K |
| 2 | ARCONIC CORPORATION | COM | 12.47% | $19M | 520.0K |
| 3 | CCCHEMOURS COhistory → | COM | 10.89% | $16M | 465.0K |
| 4 | DANDANA INChistory → | COM | 10.79% | $16M | 675.0K |
| 5 | RICE ACQUISITION CORP | COM CL A | 9.84% | $15M | 810.0K |
| 6 | ATLAS AIR WORLDWIDE HLDGS IN | COM NEW | 9.17% | $14M | 200.0K |
| 7 | CFCF INDS HLDGS INChistory → | COM | 9.00% | $13M | 260.0K |
| 8 | MOSMOSAIC CO NEWhistory → | COM | 8.81% | $13M | 410.0K |
| 9 | NXSTNEXSTAR MEDIA GROUP INChistory → | CL A | 7.96% | $12M | 80.0K |
| 10 | RESOLUTE FST PRODS INC | COM | 7.06% | $10M | 860.0K |
| 11 | RUNSUNRUN INC | COM | 0.38% | $558,000 | 10.0K |
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 ↗.