Vennlight Capital Management, LP

Vennlight Capital Management, LP declares $45.4M in 10 of the 230 AI and semiconductor companies tracked on Silicon Floor, as of Jun 30, 2026 (Form 13F): 30.4% of its $149.2M 13F portfolio. Largest positions: IREN (0.04% of the company) and American Electric Power (0.01% of the company). Over time: $45.4M in 10 of these companies for Q2 2026, against $58.1M in 10 for Q4 2024 (13F values as filed). From Mar 31, 2026 to Jun 30, 2026, it bought $30.0M and sold $27.5M of these stocks, at the quarter's prices: a net purchase of $2.5M; 7 new positions and 4 sold out.

Performance of its AI picks

The AI-stock portfolio Vennlight Capital Management, LP declared for Q2 2026 (Form 13F), held unchanged, returned -22.1% in Q3 2026 (SMH -7.1%). Over the last 12 months, quarter after quarter: +26.9% (SMH +87.2%). Trades made during a quarter are not visible in 13F filings: this measures its declared picks, not the return of its funds.

Largest positions

1. IREN (IREN) — $6.5M: 143,142 shares, 0.04% of the company, 4.4% of its portfolio (new position this quarter)
2. American Electric Power (AEP) — $6.5M: 47,600 shares, 0.01% of the company, 4.4% of its portfolio (new position this quarter)
3. Applied Digital (APLD) — $5.8M: 155,219 shares, 0.05% of the company, 3.9% of its portfolio (new position this quarter)
4. Entergy (ETR) — $5.3M: 46,320 shares, 0.01% of the company, 3.6% of its portfolio (added this quarter); held since Q4 2025
5. Digi Power X (DGXX) — $5.3M: 966,252 shares, 0.95% of the company, 3.5% of its portfolio (trimmed this quarter); held since Q4 2025
6. Galaxy Digital (GLXY) — $5.0M: 181,323 shares, 0.05% of the company, 3.3% of its portfolio (trimmed this quarter); held since Q2 2025
7. Vertiv (VRT) — $3.3M: 9,760 shares, 0.00% of the company, 2.2% of its portfolio (new position this quarter)
8. Fermi (FRMI) — $2.8M: 304,920 shares, 0.05% of the company, 1.9% of its portfolio (new position this quarter)
9. Core Scientific (CORZ) — $2.7M: 104,774 shares, 0.03% of the company, 1.8% of its portfolio (new position this quarter)
10. Xcel Energy (XEL) — $2.2M: 27,700 shares, 0.00% of the company, 1.5% of its portfolio (new position this quarter)

By sector

• Neoclouds & data centers — $28.0M, 62% of its AI holdings, 6 companies
• Power, electrical & cooling — $17.3M, 38% of its AI holdings, 4 companies

Biggest changes this quarter

• trimmed Digi Power X (DGXX): -$10.6M at the quarter's price
• opened a position in IREN (IREN): +$6.5M at the quarter's price
• opened a position in American Electric Power (AEP): +$6.5M at the quarter's price
• opened a position in Applied Digital (APLD): +$5.8M at the quarter's price
• sold out of CleanSpark (CLSK): -$5.5M at the quarter's price
• sold out of TeraWulf (WULF): -$3.7M at the quarter's price
• opened a position in Vertiv (VRT): +$3.3M at the quarter's price
• sold out of Hut 8 (HUT): -$3.2M at the quarter's price
• sold out of Bitdeer (BTDR): -$3.1M at the quarter's price
• opened a position in Fermi (FRMI): +$2.8M at the quarter's price

Other holders of this size

• Vanguard — $3.6T in 225 of these companies
• BlackRock — $3.1T in 226 of these companies
• State Street — $1.6T in 222 of these companies
• Fidelity (FMR) — $1.2T in 223 of these companies
• Geode Capital — $890.9B in 220 of these companies
• Capital Group — $881.7B in 132 of these companies
• JPMorgan — $717.8B in 225 of these companies
• Invesco — $683.3B in 220 of these companies

Follow Vennlight Capital Management, LP's SEC filings (Atom feed)

All holders · Who owns each AI company · All tracked companies · The AI market