Brightline Capital Management, LLC Top Holdings and 13F Report (2024)

About Brightline Capital Management, LLC

Brightline Capital Management, LLC has $166.22 million in total holdings as of March 31, 2024.
Brightline Capital Management, LLC owns shares of 15 different stocks, but just 10 companies or ETFs make up 80% of its holdings.
Approximately 53.81% of the portfolio was purchased this quarter.
About 16.28% of the portfolio was sold this quarter.
This quarter, Brightline Capital Management, LLC has purchased 10 new stocks and bought additional shares in 6 stocks.
Brightline Capital Management, LLC sold shares of 2 stocks and completely divested from 2 stocks this quarter.

Cleveland-Cliffs: 630,000 shares (about $14.33M)
REV Group: 645,000 shares (about $14.25M)
Mativ: 750,000 shares (about $14.06M)
Carnival Co. &: 655,000 shares (about $10.70M)
Overseas Shipholding Group: 1,460,000 shares (about $9.34M)

Selling

Neutral

Buying

Issuer Name	Holdings Value	Approximate Purchase/Sale	Change in Shares	Shares Held	% of Portfolio	Sector
MBC MasterBrand	$18,402,680	$356,060 ▲	2.0%	982,000	11.1%	Consumer Discretionary
BZH Beazer Homes USA	$15,940,800	$6,100,800 ▲	62.0%	486,000	9.6%	Construction
CLF Cleveland-Cliffs	$14,326,200	$14,326,200 ▲	New Holding	630,000	8.6%	Basic Materials
REVG REV Group	$14,248,050	$14,248,050 ▲	New Holding	645,000	8.6%	Transportation
CSTM Constellium	$14,150,400	$3,493,380 ▲	32.8%	640,000	8.5%	Industrial Products
MATV Mativ	$14,062,500	$14,062,500 ▲	New Holding	750,000	8.5%	Basic Materials
OC Owens Corning	$13,510,800	$1,334,400 ▲	11.0%	81,000	8.1%	Construction
OSG Overseas Shipholding Group	$12,928,000	$9,344,000 ▲	260.7%	2,020,000	7.8%	Transportation
BLBD Blue Bird	$12,575,520	$2,223,720 ▲	21.5%	328,000	7.6%	Auto/Tires/Trucks
CCL Carnival Co. &	$10,702,700	$10,702,700 ▲	New Holding	655,000	6.4%	Consumer Discretionary
BLDR Builders FirstSource	$9,384,750	$5,839,400 ▼	-38.4%	45,000	5.6%	Retail/Wholesale
HOV Hovnanian Enterprises	$7,062,300	$7,062,300 ▲	New Holding	45,000	4.2%	Construction
GLDD Great Lakes Dredge & Dock	$3,850,000	$3,850,000 ▲	New Holding	440,000	2.3%	Construction
AMBP Ardagh Metal Packaging	$2,744,000	$4,922,050 ▼	-64.2%	800,000	1.7%	Industrial Products
GLT Glatfelter	$2,336,000	$2,336,000 ▲	New Holding	1,168,000	1.4%	Construction
BECN Beacon Roofing Supply	$0	$8,353,920 ▼	-100.0%	0	0.0%	Retail/Wholesale
REX REX American Resources	$0	$7,946,400 ▼	-100.0%	0	0.0%	Oils/Energy