Vennlight Capital Management, LP

All Holdings — 2025 Q4

AI Portfolio Summary
In 2025 Q4, Vennlight Capital Management, LP maintained a portfolio of 46 distinct positions. The most significant new addition to the portfolio was FERROVIAL SE, which now represents 7.92% of the total fund value. They heavily accumulated shares in XCEL ENERGY INC, increasing their position by 487.8%. Conversely, Vennlight Capital Management, LP completely exited their position in HCM II ACQUISITION C.
PCA Score Concentration Risk
Risk ENB
Total Positions
46
Quarter
2025 Q4
Top Holding
XEL (11.9%)
Top 10 Concentration
62.1%
Turnover Rate
23.4%
Sector HHI
0.18
Items per page:
1-25 of 46
Stock History Sector / Type Port % Prev % Rank / Prev Conviction Change % Change Influence Shares Mkt Value Avg Cost Price Held 1st Owned Source Source Date Date Reported
XEL
XCEL ENERGY INC
Unknown 11.90% 2.72% #1 15
Prev: #16
9.0 126,339 487.8%
P
S
152,239 $11,244,373 2024 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
FER
FERROVIAL SE
Unknown 7.92% #2
Prev: #—
8.2 115,871 no change
NEW
115,871 $7,486,425 2025 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
IMSR
TERRESTRIAL ENE...
CALL
CALL Option 6.97% #3
Prev: #—
7.3 1,077,500 no change
NEW
1,077,500 $6,583,525 2025 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
GPRK
GEOPARK LTD
Unknown 6.19% #4
Prev: #—
6.5 789,978 no change
NEW
789,978 $5,853,737 2025 Q2 13F Filing 2025-12-31 2026-02-14 (Est.)
CPK
CHESAPEAKE UTIL...
Unknown 5.75% #5
Prev: #—
6.3 43,586 no change
NEW
43,586 $5,437,789 2025 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
WULF
TERAWULF INC
Unknown 5.10% 2.60% #6 15
Prev: #21
5.0 244,270 139.5%
P
S
419,396 $4,818,860 2024 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
LNT
ALLIANT ENERGY ...
Unknown 4.92% #7
Prev: #—
5.5 71,500 no change
NEW
71,500 $4,648,215 2025 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
DGXX
DIGI PWR X INC
Unknown 4.73% #8
Prev: #—
5.4 1,753,308 no change
NEW
1,753,308 $4,470,935 2025 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
CIFR
CIPHER MINING I...
Unknown 4.60% 1.43% #9 13
Prev: #22
4.8 207,092 237.5%
P
S
294,292 $4,343,750 2024 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
IDA
IDACORP INC
Unknown 4.03% #10
Prev: #—
5.1 30,100 no change
NEW
30,100 $3,809,456 2025 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
NI
NISOURCE INC
Unknown 4.02% #11
Prev: #—
5.1 91,024 no change
NEW
91,024 $3,801,162 2024 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
BE
BLOOM ENERGY CO...
Unknown 3.35% #12
Prev: #—
4.8 36,467 no change
NEW
36,467 $3,168,618 2025 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
SR
SPIRE INC
Unknown 3.15% #13
Prev: #—
4.8 36,000 no change
NEW
36,000 $2,977,200 2025 Q2 13F Filing 2025-12-31 2026-02-14 (Est.)
ETR
ENTERGY CORP NE...
Unknown 3.06% #14
Prev: #—
4.7 31,338 no change
NEW
31,338 $2,896,571 2024 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
N/A
TERRA INNOVATUM...
Unknown 3.04% #15
Prev: #—
4.7 621,540 no change
NEW
621,540 $2,871,515 13F Filing 2025-12-31 2026-02-14 (Est.)
AES
AES CORP
Unknown 2.33% 6.59% #16 11
Prev: #5
0.9 -231,122 -60.1%
P
S
153,692 $2,203,943 2025 Q2 13F Filing 2025-12-31 2026-02-14 (Est.)
BWXT
BWX TECHNOLOGIE...
Unknown 2.26% #17
Prev: #—
4.4 12,350 no change
NEW
12,350 $2,134,574 2025 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
GLXY
GALAXY DIGITAL ...
Unknown 2.13% 3.72% #18 8
Prev: #10
2.9 5,573 6.6%
P
S
90,073 $2,014,032 2025 Q2 13F Filing 2025-12-31 2026-02-14 (Est.)
IREN
IREN LIMITED
Unknown 2.11% #19
Prev: #—
4.3 52,749 no change
NEW
52,749 $1,992,330 2025 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
BITF
BITFARMS LTD
Unknown 2.07% #20
Prev: #—
4.3 834,075 no change
NEW
834,075 $1,960,076 2025 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
HIVE
HIVE DIGITAL TE...
Unknown 2.07% #21
Prev: #—
4.3 758,683 no change
NEW
758,683 $1,957,402 2025 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
APLD
APPLIED DIGITAL...
Unknown 1.97% 3.73% #22 13
Prev: #9
0.8 -48,963 -39.2%
P
S
76,037 $1,864,427 2024 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
TLN
TALEN ENERGY CO...
Unknown 1.76% 7.12% #23 19
Prev: #4
0.7 -8,425 -65.5%
P
S
4,440 $1,664,290 2024 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
BTDR
BITDEER TECHNOL...
Unknown 1.09% #24
Prev: #—
3.9 91,900 no change
NEW
91,900 $1,030,199 2025 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
ETN
EATON CORP PLC
Unknown 1.09% #25
Prev: #—
3.9 3,225 no change
NEW
3,225 $1,027,195 2025 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
HOND
HCM II ACQUISIT...
Unknown 0.00% 10.68%
Sold All 😨
(Was: #1)
0.0 -500,000 -100.0%
CLOSED
$— 2025 Q2 13F Filing 2025-12-31 2026-02-14 (Est.)
SMR
NUSCALE PWR COR...
Unknown 0.00% 9.01%
Sold All 😨
(Was: #2)
0.0 -192,406 -100.0%
CLOSED
$— 2025 Q3 13F Filing 2025-12-31 2026-02-14 (Est.)
PCG
PG&E CORP
Unknown 0.00% 7.91%
Sold All 😨
(Was: #3)
0.0 -403,105 -100.0%
CLOSED
$— 2024 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
VST
VISTRA CORP
Unknown 0.00% 5.14%
Sold All 😨
(Was: #6)
0.0 -20,180 -100.0%
CLOSED
$— 2024 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
UUUU
ENERGY FUELS IN...
Unknown 0.00% 4.80%
Sold All 😨
(Was: #7)
0.0 -240,500 -100.0%
CLOSED
$— 2025 Q3 13F Filing 2025-12-31 2026-02-14 (Est.)
MTZ
MASTEC INC
Unknown 0.00% 4.03%
Sold All 😨
(Was: #8)
0.0 -14,556 -100.0%
CLOSED
$— 2025 Q3 13F Filing 2025-12-31 2026-02-14 (Est.)
CWEN
CLEARWAY ENERGY...
Unknown 0.00% 3.56%
Sold All 😨
(Was: #11)
0.0 -96,950 -100.0%
CLOSED
$— 2025 Q3 13F Filing 2025-12-31 2026-02-14 (Est.)
CORZ
CORE SCIENTIFIC...
Unknown 0.00% 3.50%
Sold All 😨
(Was: #12)
0.0 -150,000 -100.0%
CLOSED
$— 2024 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
CMS
CMS ENERGY CORP
Unknown 0.00% 3.04%
Sold All 😨
(Was: #13)
0.0 -31,917 -100.0%
CLOSED
$— 2025 Q3 13F Filing 2025-12-31 2026-02-14 (Est.)
EMR
EMERSON ELEC CO
Unknown 0.00% 2.87%
Sold All 😨
(Was: #14)
0.0 -16,800 -100.0%
CLOSED
$— 2025 Q3 13F Filing 2025-12-31 2026-02-14 (Est.)
CEG
CONSTELLATION E...
Unknown 0.00% 2.73%
Sold All 😨
(Was: #15)
0.0 -6,365 -100.0%
CLOSED
$— 2025 Q3 13F Filing 2025-12-31 2026-02-14 (Est.)
EVRG
EVERGY INC
Unknown 0.00% 2.70%
Sold All 😨
(Was: #17)
0.0 -27,300 -100.0%
CLOSED
$— 2024 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
MSTR
STRATEGY INC
Unknown 0.00% 2.65%
Sold All 😨
(Was: #18)
0.0 -6,317 -100.0%
CLOSED
$— 2025 Q3 13F Filing 2025-12-31 2026-02-14 (Est.)
NRG
NRG ENERGY INC
Unknown 0.00% 2.63%
Sold All 😨
(Was: #19)
0.0 -12,500 -100.0%
CLOSED
$— 2025 Q3 13F Filing 2025-12-31 2026-02-14 (Est.)
HUT
HUT 8 CORP
Unknown 0.00% 2.61%
Sold All 😨
(Was: #20)
0.0 -57,691 -100.0%
CLOSED
$— 2024 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
ES
EVERSOURCE ENER...
Unknown 0.00% 1.42%
Sold All 😨
(Was: #23)
0.0 -15,300 -100.0%
CLOSED
$— 2024 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
SRE
SEMPRA
Unknown 0.00% 1.40%
Sold All 😨
(Was: #24)
0.0 -12,000 -100.0%
CLOSED
$— 2025 Q3 13F Filing 2025-12-31 2026-02-14 (Est.)
RIOT
RIOT PLATFORMS ...
Unknown 0.00% 1.40%
Sold All 😨
(Was: #25)
0.0 -56,600 -100.0%
CLOSED
$— 2024 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
Showing 1-25 of 46 holdings

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