Latest LIGHT STREET CAPITAL MANAGEMENT, LLC Stock Portfolio

LIGHT STREET CAPITAL MANAGEMENT, LLC Performance:

2025 Q3: 5.11%YTD: 12.71%2024: 31.81%

Performance for 2025 Q3 is 5.11%, and YTD is 12.71%, and 2024 is 31.81%.

About LIGHT STREET CAPITAL MANAGEMENT, LLC and 13F Hedge Fund Stock Holdings

LIGHT STREET CAPITAL MANAGEMENT, LLC is a hedge fund based in PALO ALTO, CA. On 31-Mar-2023, the fund reported that it had an AUM (Regulated Assets under Management) of $861.6 Millions. In it's latest 13F Holdings report, LIGHT STREET CAPITAL MANAGEMENT, LLC reported an equity portfolio of $594.5 Millions as of 30 Sep, 2025.

The top stock holdings of LIGHT STREET CAPITAL MANAGEMENT, LLC are TSM, NVDA, BILL. The fund has invested 13.6% of it's portfolio in TAIWAN SEMICONDUCTOR MFG LTD and 8.7% of portfolio in NVIDIA CORPORATION.

The fund managers got completely rid off CELESTICA INC, META PLATFORMS INC (META) and NETFLIX INC (NFLX) stocks. They significantly reduced their stock positions in GDS HLDGS LTD (GDS), CADENCE DESIGN SYSTEM INC (CDNS) and SEA LTD (SE). LIGHT STREET CAPITAL MANAGEMENT, LLC opened new stock positions in ALPHABET INC (GOOG), DATADOG INC (DDOG) and CONFLUENT INC (CFLT). The fund showed a lot of confidence in some stocks as they added substantially to CONSTELLATION ENERGY CORP (CEG), ASML HOLDING N V and GITLAB INC (GTLB).

LIGHT STREET CAPITAL MANAGEMENT, LLC Annual Return Estimates Vs S&P 500

Our best estimate is that LIGHT STREET CAPITAL MANAGEMENT, LLC made a return of 5.11% in the last quarter. In trailing 12 months, it's portfolio return was 19.5%.

Performance
S&P 500

New Buys

Ticker	$ Bought
alphabet inc	29,779,800
datadog inc	29,476,800
confluent inc	25,119,100
snowflake inc	22,329,400
mongodb inc	21,261,000
alibaba group hldg ltd	18,766,600
appfolio inc	5,513,200
monday com ltd	3,843,390

New stocks bought by LIGHT STREET CAPITAL MANAGEMENT, LLC

Additions

Ticker	% Inc.
constellation energy corp	1,021
asml holding n v	235
chime finl inc	115
gitlab inc	79.17
bill holdings inc	50.43
apple inc	28.89
analog devices inc	11.5
nxp semiconductors n v	10.00

Additions to existing portfolio by LIGHT STREET CAPITAL MANAGEMENT, LLC

Reductions

Ticker	% Reduced
gds hldgs ltd	-65.78
cadence design system inc	-59.5
sea ltd	-42.55
amazon com inc	-40.99
cellebrite di ltd	-35.28
nvidia corporation	-21.53
taiwan semiconductor mfg ltd	-19.42
broadcom inc	-18.92

LIGHT STREET CAPITAL MANAGEMENT, LLC reduced stake in above stock

Sold off

Ticker	$ Sold
blackline inc	-14,580,700
celestica inc	-26,421,900
ncino inc	-4,218,440
meta platforms inc	-19,858,300
netflix inc	-15,452,200
mercadolibre inc	-7,968,960
ansys inc	-865,055

LIGHT STREET CAPITAL MANAGEMENT, LLC got rid off the above stocks

Sector Distribution

LIGHT STREET CAPITAL MANAGEMENT, LLC has about 60.2% of it's holdings in Technology sector.

Sector	%
Technology	60.2
Others	30.2
Communication Services	5
Utilities	2.7
Consumer Cyclical	1.8

Market Cap. Distribution

LIGHT STREET CAPITAL MANAGEMENT, LLC has about 44.9% of it's portfolio invested in the large-cap and mega-cap stocks.

Category	%
UNALLOCATED	30.2
MEGA-CAP	28.3
MID-CAP	24.8
LARGE-CAP	16.6

Stocks belong to which Index?

About 32.7% of the stocks held by LIGHT STREET CAPITAL MANAGEMENT, LLC either belong to S&P 500 or RUSSELL 2000 index.

Index	%
Others	66.4
S&P 500	32.7

Top 5 Winners (%)		%
AVGO	broadcom inc	19.7 %
NVDA	nvidia corporation	18.1 %
AAPL	apple inc	17.7 %
AMD	advanced micro devices inc	14.0 %
CDNS	cadence design system inc	14.0 %

Top 5 Winners ($)		$
NVDA	nvidia corporation	10.1 M
AVGO	broadcom inc	6.6 M
AMD	advanced micro devices inc	5.8 M
BILL	bill holdings inc	4.3 M
FROG	jfrog ltd	2.1 M

Top 5 Losers (%)		%
SNPS	synopsys inc	-3.8 %
GTLB	gitlab inc	-0.0 %

Top 5 Losers ($)		$
SNPS	synopsys inc	-0.1 M
GTLB	gitlab inc	0.0 M

LIGHT STREET CAPITAL MANAGEMENT, LLC Holdings Map

This heatmap illustrates the top 50 positions within the fund's portfolio.

Current Stock Holdings of LIGHT STREET CAPITAL MANAGEMENT, LLC

LIGHT STREET CAPITAL MANAGEMENT, LLC has 27 stocks in it's portfolio. About 69.3% of the portfolio is in top 10 stocks. SNPS proved to be the most loss making stock for the portfolio. NVDA was the most profitable stock for LIGHT STREET CAPITAL MANAGEMENT, LLC last quarter.

Last Reported on: 14 Nov, 2025

Ticker	Namesorted ascending	% Portfolio	Shares Held	$ Value	Type	% Change
AAPL	apple inc	0.46	10,667	2,716,140	added	28.89

ADI	analog devices inc	0.28	6,768	1,662,900	added	11.5

AMD	advanced micro devices inc	6.83	251,113	40,627,600	reduced	-14.23

AMZN	amazon com inc	1.85	50,033	10,985,700	reduced	-40.99

ANSS	ansys inc	0.00	0.00	0.00	sold off	-100

APPF	appfolio inc	0.93	20,000	5,513,200	new

AVGO	broadcom inc	5.51	99,305	32,761,700	reduced	-18.92

BABA	alibaba group hldg ltd	3.16	105,000	18,766,600	new

BILL	bill holdings inc	8.58	962,500	50,983,600	added	50.43

BL	blackline inc	0.00	0.00	0.00	sold off	-100

CDNS	cadence design system inc	0.14	2,412	847,239	reduced	-59.5

CEG	constellation energy corp	2.66	47,975	15,787,100	added	1,021

CFLT	confluent inc	4.22	1,268,640	25,119,100	new

CLBT	cellebrite di ltd	1.11	357,755	6,629,200	reduced	-35.28

DDOG	datadog inc	4.96	207,000	29,476,800	new

FROG	jfrog ltd	4.61	579,265	27,416,600	reduced	-4.85

GDS	gds hldgs ltd	1.59	244,557	9,464,360	reduced	-65.78

GOOG	alphabet inc	5.01	122,500	29,779,800	new

GTLB	gitlab inc	6.45	850,000	38,318,000	added	79.17

MDB	mongodb inc	3.58	68,500	21,261,000	new