SEC 13F Intelligence

Managers / Q4 2025 · view latest →

Lightrock Netherlands B.V.

CIK 0002041485 · MOREELSEPARK 1, UTRECHT, 3511 EP · 0031657741724

Reported Value
$482M
Q4 2025
Positions
39
Filings on Record
6
2019–present window
Filed
Jan 26, 2026
original filing

Summary

Lightrock Netherlands B.V. reported $482M in U.S.-listed holdings across 39 positions for Q4 2025.

Its largest position, CBT, represents 7.0% of the portfolio.

Compared with Q3 2025, the fund opened 2 new positions and exited 2.

Portfolio Metrics

Turnover
+15.0%
vs prior filed quarter
Top-10 Concentration
+44.3%
share of reported value
Largest Position
+7.0%
Brunswick
New / Exited
2 / 2
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 ’24: $285MQ4 ’24Q1 ’25: $380MQ1 ’25Q2 ’25: $364MQ2 ’25Q3 ’25: $382MQ3 ’25Q4 ’25: $482MQ4 ’25Q1 ’26: $468MQ1 ’26filingsflow.com

Portfolio Composition

By security type
Common Stock: 85.2%REIT: 9.1%Other: 5.6%
  • Common Stock · 85.2% · $411M
  • REIT · 9.1% · $44M
  • Other · 5.6% · $27M

Quarter-over-Quarter Changes full breakdown →

vs Q3 2025 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
ALGMALLEGRO MICROSYSTEMS INCNEW+354.4K354.4K+$9M$9M
SPSCSPS COMM INCNEW+82.9K82.9K+$7M$7M
SALLY BEAUTY HOLDINGS INCADDED+996.3K1.02M+$10M$15M
FSLRENVISTA HOLDINGS CORPADDED+642.2K666.3K+$10M$14M
EHCDIAMONDROCK HOSPITALITY COADDED+336.7K430.0K$6M$4M
CUBECOMPASS MINERALS INTERNATIONADDED+438.2K630.9K+$6M$12M
CBTBRUNSWICK CORPADDED+317.9K457.8K+$25M$34M
AKAMAKAMAI TECHNOLOGIES INCADDED+162.1K262.4K+$16M$23M

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

Holdings — Q4 2025

39 positions
#IssuerClass% PortfolioValueShares
1CBTBRUNSWICK CORPhistory →COM7.05%$34M457.8K
2WFGWEST FRASER TIMBER CO LTDhistory →COM5.56%$27M320.3K
3WF2WINTRUST FINANCIAL CORPhistory →COM5.26%$25M181.5K
4AKAMAKAMAI TECHNOLOGIES INChistory →COM4.75%$23M262.4K
5GMEDGLOBUS MEDICAL INC - Ahistory →CL A4.62%$22M255.4K
6STRASTRATEGIC EDUCATION INChistory →COM4.06%$20M244.2K
7PFSIPENNYMAC FINANCIAL SERVICEShistory →COM3.40%$16M124.3K
8TRIPTRIPADVISOR INChistory →COM3.24%$16M1.07M
9LNNLINDSAY CORPhistory →COM3.24%$16M132.4K
10JBLJABIL INChistory →COM3.15%$15M66.6K
11SALLY BEAUTY HOLDINGS INCCOM3.01%$15M1.02M
12FSLRENVISTA HOLDINGS CORPhistory →COM3.00%$14M666.3K
13ANFABERCROMBIE & FITCH CO-CL Ahistory →CL A2.79%$13M107.0K
14QDELQUIDELORTHO CORPhistory →COM2.73%$13M461.0K
15TRONOX HOLDINGS PLCSHS2.64%$13M3.05M
16CUBECOMPASS MINERALS INTERNATIONhistory →COM2.57%$12M630.9K
17JT5MUELLER WATER PRODUCTS INC-Ahistory →COM SER A2.45%$12M496.8K
18NVSTENERSYShistory →COM2.43%$12M79.9K
19LITELUMENTUM HOLDINGS INChistory →COM2.36%$11M30.9K
20CTRECABOT CORPhistory →COM2.31%$11M167.8K
21TOWNE BANKCOM2.29%$11M331.3K
22ENSENCOMPASS HEALTH CORPhistory →COM2.28%$11M103.8K
23TN1TENNANT COhistory →COM2.27%$11M148.5K
24DRHDARLING INGREDIENTS INChistory →COM1.95%$9M261.8K
25ALGMALLEGRO MICROSYSTEMS INChistory →COM1.94%$9M354.4K
26WEXWEX INChistory →COM1.93%$9M62.5K
278TGTHERMON GROUP HOLDINGS INChistory →COM1.91%$9M248.1K
28AVTRAMERICAN HOMES 4 RENT- Ahistory →CL A1.78%$9M267.5K
29BCAVANTOR INChistory →COM1.57%$8M660.4K
30SPSCSPS COMM INChistory →COM1.53%$7M82.9K
31DARCUBESMARThistory →COM1.44%$7M192.6K
32DOCHEALTHPEAK PROPERTIES INChistory →COM1.34%$6M400.5K
33COHUCARETRUST REIT INChistory →REITs1.29%$6M172.1K
34AYIACUITY INChistory →COM1.21%$6M16.2K
35CMPCOHU INChistory →COM1.11%$5M230.1K
36IRTINDEPENDENCE REALTY TRUST INCOM0.98%$5M271.4K
37GNTXGENTEX CORPCOM0.93%$4M192.4K
38TDCTERADATA CORP DELCOM0.82%$4M130.4K
39EHCDIAMONDROCK HOSPITALITY COCOM0.80%$4M430.0K

Filing History

QuarterReported ValuePositionsFiledTypeLinks
Q1 2026$468M39May 6, 202613F-HRchanges · EDGAR ↗
Q4 2025$482M39Jan 26, 202613F-HRchanges · EDGAR ↗
Q3 2025$382M39Oct 31, 202513F-HRchanges · EDGAR ↗
Q2 2025$364M39Aug 4, 202513F-HRchanges · EDGAR ↗
Q1 2025$380M39Apr 29, 202513F-HRchanges · EDGAR ↗
Q4 2024$285M38Jan 29, 202513F-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 ↗.