Light Street Capital Management
Palo Alto, CAfiles as LIGHT STREET CAPITAL MANAGEMENT, LLC
$851m in 27 US stocks at the end of 30 June 2026. The top 10 are 67.5% of the money. It changed about 29.5% of the portfolio this quarter.
Value
$851m
Stocks
27
Top 10 share
67.5%
Turnover
29.5%
What changed this quarter
New
Bought for the first time this quarter.
- Astera LabsALAB7.1% of the fund
- ToastTOST3.8% of the fund
- RedditRDDT3.7% of the fund
- MercadoLibreMELI2.5% of the fund
- SnowflakeSNOW2.1% of the fund
- MongoDBMDB2.0% of the fund
- Roundhill ETF TrustDRAM1.0% of the fund
- QuantinuumQNT0.3% of the fund
Added
Bought more of a stock they already held.
- GitlabGTLB7.0% of the fund+66%
- BroadcomAVGO6.8% of the fund+2%
- Amkor TechnologyAMKR6.0% of the fund+47%
- Chime FinancialCHYM5.3% of the fund+6%
- CoupangCPNG4.1% of the fund+93%
- Bloom EnergyBE3.0% of the fund+66%
- Cellebrite DICLBT2.3% of the fund+105%
Cut
Sold some of their stake.
- Advanced Micro DevicesAMD7.5% of the fund-50%
- JFrogFROG5.5% of the fund-11%
- MKSMKSI5.4% of the fund-15%
- NvidiaNVDA3.2% of the fund-50%
- Amazon.comAMZN1.4% of the fund-59%
- NXP SemiconductorsNXPI0.8% of the fund-10%
Sold out
Sold their entire stake.
- BILL HoldingsBILL-100%
- SamsaraIOT-100%
- Lumentum HoldingsLITE-100%
- AmplitudeAMPL-100%
Holdings
- Roundhill ETF TrustDRAM
- Share
- 1.0%
- Value
- $9m
- Shares
- 120,000
New
- QuantinuumQNT
- Share
- 0.3%
- Value
- $3m
- Shares
- 35,242
New
- GDS HldgsGDS
- Share
- 0.3%
- Value
- $2m
- Shares
- 71,790
Held
| Company | Share of fund | Value | Shares | Change |
|---|---|---|---|---|
| Taiwan Semiconductor ManufacturingTSM | 12.7% | $108m | 225,949 | Held |
| Advanced Micro DevicesAMD | 7.5% | $64m | 109,500 | -50% |
| Astera LabsALAB | 7.1% | $61m | 125,750 | New |
| GitlabGTLB | 7.0% | $59m | 1,945,000 | +66% |
| BroadcomAVGO | 6.8% | $58m | 153,250 | +2% |
| Amkor TechnologyAMKR | 6.0% | $51m | 596,783 | +47% |
| JFrogFROG | 5.5% | $47m | 514,500 | -11% |
| MKSMKSI | 5.4% | $46m | 103,800 | -15% |
| Chime FinancialCHYM | 5.3% | $45m | 2,199,089 | +6% |
| CoupangCPNG | 4.1% | $35m | 2,025,000 | +93% |
| ToastTOST | 3.8% | $32m | 1,167,500 | New |
| RedditRDDT | 3.7% | $32m | 182,500 | New |
| NvidiaNVDA | 3.2% | $27m | 136,720 | -50% |
| Bloom EnergyBE | 3.0% | $25m | 84,167 | +66% |
| ASML Holding NVASML | 2.6% | $22m | 10,957 | Held |
| MercadoLibreMELI | 2.5% | $22m | 12,750 | New |
| Cellebrite DICLBT | 2.3% | $19m | 1,312,755 | +105% |
| SnowflakeSNOW | 2.1% | $18m | 70,000 | New |
| MongoDBMDB | 2.0% | $17m | 50,000 | New |
| AlphabetGOOGL | 1.8% | $15m | 42,650 | Held |
| Amazon.comAMZN | 1.4% | $12m | 51,000 | -59% |
| DatadogDDOG | 1.2% | $10m | 40,000 | Held |
| Roundhill ETF TrustDRAM | 1.0% | $9m | 120,000 | New |
| NXP SemiconductorsNXPI | 0.8% | $6m | 23,003 | -10% |
| Analog DevicesADI | 0.5% | $4m | 10,523 | Held |
| QuantinuumQNT | 0.3% | $3m | 35,242 | New |
| GDS HldgsGDS | 0.3% | $2m | 71,790 | Held |
Options (1)
- Taiwan Semiconductor ManufacturingTSM
- Type
- Put
- Value
- $52m
- Contracts
- 109,200
| Company | Type | Value | Contracts |
|---|---|---|---|
| Taiwan Semiconductor ManufacturingTSM | Put | $52m | 109,200 |
Over time and by industry
Value over time
Jun '25
Dec '25
Jun '26
Value is up 73.8% since 30 June 2025.
Where the money is
Technology73.0%
Financial services9.1%
Retail & consumer5.6%
Industrials5.6%
Media & telecom5.5%
Other1.3%
From the fund's 13F filings. They list US stocks and options only, 45 days after each quarter, and leave out cash, bonds, shorts and foreign shares.