SEC 13F Intelligence

Managers / Q2 2024 · view latest →

BRIGHTLINE CAPITAL MANAGEMENT, LLC

CIK 0001432450 · 2 S. BISCAYNE BOULEVARD, SUITE 2580, MIAMI, FL, 33131 · 305-423-0834

Reported Value
$201M
Q2 2024
Positions
19
Filings on Record
30
2019–present window
Filed
Aug 13, 2024
original filing

Summary

Brightline Capital Management, LLC reported $201M in U.S.-listed holdings across 19 positions for Q2 2024.

Its largest position, OSG1EUR, represents 9.0% of the portfolio.

Compared with Q1 2024, the fund opened 8 new positions and exited 4.

Portfolio Metrics

Turnover
+29.0%
vs prior filed quarter
Top-10 Concentration
+73.1%
share of reported value
Largest Position
+9.0%
Overseas Shipholding Group I
New / Exited
8 / 4
positions this quarter

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. New/exited counts compare against the prior filed quarter. All figures derive solely from the fund’s 13F filings.

Reported Value by Quarter

13F Reported Value
Q4 ’18: $18MQ4 ’18Q1 ’19: $63MQ2 ’19: $95MQ1 ’20: $0Q2 ’20: $26.4BQ2 ’20Q4 ’20: $132MQ1 ’21: $148MQ2 ’21: $149MQ3 ’21: $140MQ3 ’21Q4 ’21: $163MQ1 ’22: $143MQ2 ’22: $43MQ3 ’22: $50MQ3 ’22Q4 ’22: $45MQ1 ’23: $0Q2 ’23: $9MQ3 ’23: $24MQ3 ’23Q4 ’23: $92MQ1 ’24: $166MQ2 ’24: $201MQ3 ’24: $237MQ3 ’24Q4 ’24: $146MQ1 ’25: $115MQ2 ’25: $232MQ3 ’25: $244MQ3 ’25Q4 ’25: $247MQ1 ’26: $338Mfilingsflow.com

Portfolio Composition

By security type
Common Stock: 85.3%ADR: 8.1%Other: 6.7%
  • Common Stock · 85.3% · $172M
  • ADR · 8.1% · $16M
  • Other · 6.7% · $13M

Quarter-over-Quarter Changes full breakdown →

vs Q1 2024 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
CDLRCADELER A SNEW+650.0K650.0K+$16M$16M
FLRFLUOR CORP NEWNEW+365.0K365.0K+$16M$16M
VTOLBRISTOW GROUP INCNEW+410.0K410.0K+$14M$14M
TPCTUTOR PERINI CORPNEW+531.0K531.0K+$12M$12M
KALUKAISER ALUMINUM CORPNEW+99.0K99.0K+$9M$9M
BECNUSDBEACON ROOFING SUPPLY INCNEW+76.0K76.0K+$7M$7M
GX6TPI COMPOSITES INCNEW+1.45M1.45M+$6M$6M
LXULSB INDS INCNEW+300.0K300.0K+$2M$2M

Value changes conflate price moves with buying and selling — share changes are the real signal. Share counts are not split-adjusted.

Holdings — Q2 2024

19 positions
#IssuerClass% PortfolioValueShares
1OSG1EUROVERSEAS SHIPHOLDING GROUP Ihistory →CL A NEW9.05%$18M2.15M
2CDLRCADELER A Shistory →SPON ADR8.08%$16M650.0K
31RGREV GROUP INChistory →COM7.99%$16M647.0K
4FLRFLUOR CORP NEWhistory →COM7.89%$16M365.0K
5MBCMASTERBRAND INChistory →COMMON STOCK7.18%$14M985.0K
6MATVMATIV HOLDINGS INChistory →COM7.03%$14M835.0K
7VTOLBRISTOW GROUP INChistory →COM6.82%$14M410.0K
8BZHBEAZER HOMES USA INChistory →COM NEW6.66%$13M488.0K
9CONSTELLIUM SECL A SHS6.65%$13M711.0K
10TPCTUTOR PERINI CORPhistory →COM5.74%$12M531.0K
11KALUKAISER ALUMINUM CORPhistory →COM PAR $0.014.32%$9M99.0K
12BLBDBLUE BIRD CORPhistory →COM4.01%$8M150.0K
13CLFCLEVELAND-CLIFFS INC NEWhistory →COM3.82%$8M500.0K
14BECNUSDBEACON ROOFING SUPPLY INChistory →COM3.41%$7M76.0K
15HOVHOVNANIAN ENTERPRISES INChistory →CL A NEW3.38%$7M48.0K
16BLDRBUILDERS FIRSTSOURCE INChistory →COM3.09%$6M45.0K
17GX6TPI COMPOSITES INChistory →COM2.87%$6M1.45M
18LXULSB INDS INChistory →COM1.22%$2M300.0K
19GLT1EURGLATFELTER CORPORATIONCOM0.78%$2M1.14M

Filing History

QuarterReported ValuePositionsFiledTypeLinks
Q1 2026$338M9May 15, 202613F-HRchanges · EDGAR ↗
Q4 2025$247M8Feb 13, 202613F-HRchanges · EDGAR ↗
Q3 2025$244M10Nov 13, 202513F-HRchanges · EDGAR ↗
Q2 2025$232M15Aug 14, 202513F-HRchanges · EDGAR ↗
Q1 2025$115M12May 14, 202513F-HRchanges · EDGAR ↗
Q4 2024$146M13Feb 13, 202513F-HRchanges · EDGAR ↗
Q3 2024$237M20Nov 13, 202413F-HRchanges · EDGAR ↗
Q2 2024$201M19Aug 13, 202413F-HRchanges · EDGAR ↗
Q1 2024$166M15May 14, 202413F-HRchanges · EDGAR ↗
Q4 2023$92M10Feb 14, 202413F-HRchanges · EDGAR ↗
Q3 2023$24M4Oct 31, 202313F-HRchanges · EDGAR ↗
Q2 2023$9M1Aug 11, 202313F-HRchanges · EDGAR ↗
Q1 2023$01May 5, 202313F-HRchanges · EDGAR ↗
Q4 2022$45M5Feb 3, 202313F-HRchanges · EDGAR ↗
Q3 2022$50M5Nov 9, 202213F-HRchanges · EDGAR ↗
Q2 2022$43M4Aug 3, 202213F-HRchanges · EDGAR ↗
Q1 2022$143M9May 12, 202213F-HRchanges · EDGAR ↗
Q4 2021$163M13Feb 7, 202213F-HRchanges · EDGAR ↗
Q3 2021$140M12Nov 8, 202113F-HRchanges · EDGAR ↗
Q2 2021$149M11Aug 9, 202113F-HRchanges · EDGAR ↗
Q1 2021$148M13May 12, 202113F-HRchanges · EDGAR ↗
Q4 2020$132M15Feb 9, 202113F-HRchanges · EDGAR ↗
Q3 2020Under review11Nov 10, 202013F-HRchanges · EDGAR ↗
Q2 2020$26.4B6Aug 4, 202013F-HRchanges · EDGAR ↗
Q1 2020$01May 5, 202013F-HRchanges · EDGAR ↗
Q4 2019Under review10Feb 6, 202013F-HRchanges · EDGAR ↗
Q3 2019Under review13Nov 12, 201913F-HRchanges · EDGAR ↗
Q2 2019$95M11Aug 12, 201913F-HRchanges · EDGAR ↗
Q1 2019$63M11May 9, 201913F-HRchanges · EDGAR ↗
Q4 2018$18M2Feb 8, 201913F-HRchanges · 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 ↗.