Why This Fund Trimmed a $28 Million Resideo Stake Despite a Booming Stock Rally

3 weeks ago 24

Jonathan Ponciano, The Motley Fool

Sun, December 28, 2025 astatine 4:20 PM CST 5 min read

New York City-based BeaconLight Capital sold 175,624 shares of Resideo Technologies successful the 3rd quarter.
Despite the sale, the presumption worth inactive accrued by astir $9.75 cardinal from the erstwhile play owed to REZI's surging shares.
As of September 30, the money reported holding 645,028 REZI shares valued astatine $27.85 million, making it the fund's largest presumption by value.
These 10 stocks could mint the adjacent question of millionaires ›

On November 14, New York City-based BeaconLight Capital disclosed successful a U.S. Securities and Exchange Commission filing that it reduced its involvement successful Resideo Technologies (NYSE:REZI) by astir 176,000 shares.

BeaconLight Capital reported a simplification of 175,624 shares successful Resideo Technologies (NYSE:REZI) during the 3rd quarter, according to a Form 13-F filed with the U.S. Securities and Exchange Commission connected November 14. The fund's remaining 645,028 shares were valued astatine $27.85 cardinal astatine quarter-end, representing 13.74% of its $202.73 cardinal successful reportable U.S. equity assets.

Following the sale, REZI remained BeaconLight's largest presumption astatine 13.74% of AUM. The presumption was antecedently 10.33% of the fund's AUM.

Top holdings aft the filing:

NYSE:REZI: $27.85 cardinal (13.74% of AUM)
NYSE:CSTM: $18.95 cardinal (9.35% of AUM)
NYSE:LNG: $14.13 cardinal (6.97% of AUM)
NYSE:SXT: $10.72 cardinal (5.29% of AUM)
NYSE:TECK: $10.26 cardinal (5.06% of AUM)

As of Friday, REZI shares were priced astatine $35.99, up 48% implicit the past twelvemonth and good outperforming the S&P 500, which is up 15% successful the aforesaid period.

Metric

Value

Revenue (TTM)	$7.44 billion
Net Income (TTM)	$640.00 million
Price (as of Friday)	$35.99
One-Year Price Change	48%

Resideo Technologies offers comfort, thermal, and information solutions, including somesthesia and humidity controls, information panels, sensors, and astute location products nether the Honeywell Home brand.
The institution operates done Products & Solutions and ADI Global Distribution segments, generating gross from merchandise income and organisation to commercialized and residential markets.
It serves contractors, archetypal instrumentality manufacturers, work providers, and retail/online channels targeting residential and non-residential end-users globally.

Resideo Technologies, Inc. is simply a starring supplier of residential comfortableness and information solutions with a planetary footprint and a divers merchandise portfolio. The institution leverages its established organisation web and recognized brands to code the evolving needs of some commercialized and residential customers. Its strategical absorption connected integrated astute location and information technologies positions it competitively wrong the gathering products and extortion services sector.