Latest LIGHT STREET CAPITAL MANAGEMENT, LLC Stock Portfolio

LIGHT STREET CAPITAL MANAGEMENT, LLC Performance:

2025 Q4: 8.91%YTD: 18.65%2024: 37.85%

Performance for 2025 Q4 is 8.91%, and YTD is 18.65%, and 2024 is 37.85%.

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 2026-02-17, the fund reported it's updated stock portfolio. In the 13F Holdings report, LIGHT STREET CAPITAL MANAGEMENT, LLC reported an equity portfolio of $649.8 Millions as of 31 Dec, 2025.

The top stock holdings of LIGHT STREET CAPITAL MANAGEMENT, LLC are TSM, , NVDA. The fund has invested 12.6% of it's portfolio in TAIWAN SEMICONDUCTOR MFG LTD and 10.5% of portfolio in CHIME FINL INC.

The fund managers got completely rid off DATADOG INC (DDOG), SNOWFLAKE INC (SNOW) and MONGODB INC (MDB) stocks. They significantly reduced their stock positions in GDS HLDGS LTD (GDS), ASML HOLDING N V (ASML) and CONFLUENT INC (CFLT). LIGHT STREET CAPITAL MANAGEMENT, LLC opened new stock positions in REDDIT INC, NETFLIX INC (NFLX) and AMPLITUDE INC (AMPL). The fund showed a lot of confidence in some stocks as they added substantially to CHIME FINL INC, ANALOG DEVICES INC (ADI) and BROADCOM INC (AVGO).

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 8.91% in the last quarter. In trailing 12 months, it's portfolio return was 18.65%.

Performance
S&P 500

New Buys

Ticker	$ Bought
reddit inc	20,688,300
netflix inc	18,752,000
amplitude inc	17,370,000
amkor technology inc	11,366,100
atlassian corporation	10,258,900
mks inc.	3,129,200

New stocks bought by LIGHT STREET CAPITAL MANAGEMENT, LLC

Additions

Ticker	% Inc.
chime finl inc	81.69
analog devices inc	50.00
broadcom inc	44.79
amazon com inc	38.91
cellebrite di ltd	37.74
constellation energy corp	31.45
gitlab inc	24.71
nvidia corporation	22.89

Additions to existing portfolio by LIGHT STREET CAPITAL MANAGEMENT, LLC

Reductions

Ticker	% Reduced
gds hldgs ltd	-73.31
asml holding n v	-40.56
confluent inc	-28.27
jfrog ltd	-20.24
advanced micro devices inc	-12.59
bill holdings inc	-8.78
taiwan semiconductor mfg ltd	-7.16
apple inc	-5.89

LIGHT STREET CAPITAL MANAGEMENT, LLC reduced stake in above stock

Sold off

Ticker	$ Sold
datadog inc	-29,476,800
alibaba group hldg ltd	-18,766,600
snowflake inc	-22,329,400
sea ltd	-12,386,500
mongodb inc	-21,261,000
appfolio inc	-5,513,200
monday com ltd	-3,843,390
synopsys inc	-1,726,860

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

Sector Distribution

LIGHT STREET CAPITAL MANAGEMENT, LLC has about 55% of it's holdings in Technology sector.

Sector	%
Technology	55
Others	29.8
Communication Services	9.4
Utilities	3.4
Consumer Cyclical	2.5

Market Cap. Distribution

LIGHT STREET CAPITAL MANAGEMENT, LLC has about 49.6% of it's portfolio invested in the large-cap and mega-cap stocks.

Category	%
MEGA-CAP	36.9
UNALLOCATED	29.8
MID-CAP	17.9
LARGE-CAP	12.7
SMALL-CAP	2.7

Stocks belong to which Index?

About 46% of the stocks held by LIGHT STREET CAPITAL MANAGEMENT, LLC either belong to S&P 500 or RUSSELL 2000 index.

Index	%
Others	54
S&P 500	41.6
RUSSELL 2000	4.4

Top 5 Winners (%)		%
CFLT	confluent inc	45.3 %
AMD	advanced micro devices inc	30.3 %
FROG	jfrog ltd	28.7 %
GOOG	alphabet inc	27.1 %
	chime finl inc	18.2 %

Top 5 Winners ($)		$
AMD	advanced micro devices inc	12.3 M
CFLT	confluent inc	11.4 M
	chime finl inc	10.5 M
GOOG	alphabet inc	9.0 M
FROG	jfrog ltd	7.9 M

Top 5 Losers (%)		%
GTLB	gitlab inc	-15.3 %
GDS	gds hldgs ltd	-6.2 %
NXPI	nxp semiconductors n v	-4.7 %
CLBT	cellebrite di ltd	-2.3 %
NVDA	nvidia corporation	-0.0 %

Top 5 Losers ($)		$
GTLB	gitlab inc	-7.2 M
GDS	gds hldgs ltd	-0.6 M
NXPI	nxp semiconductors n v	-0.3 M
CLBT	cellebrite di ltd	-0.2 M
NVDA	nvidia corporation	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 24 stocks in it's portfolio. About 76.3% of the portfolio is in top 10 stocks. GTLB proved to be the most loss making stock for the portfolio. AMD was the most profitable stock for LIGHT STREET CAPITAL MANAGEMENT, LLC last quarter.

Last Reported on: 17 Feb, 2026

Ticker	Namesorted ascending	% Portfolio	Shares Held	$ Value	Type	% Change
AAPL	apple inc	0.42	10,039	2,729,200	reduced	-5.89

ADI	analog devices inc	0.42	10,152	2,753,220	added	50.00

AMD	advanced micro devices inc	7.23	219,487	47,005,300	reduced	-12.59

AMKR	amkor technology inc	1.75	287,895	11,366,100	new

AMPL	amplitude inc	2.67	1,500,000	17,370,000	new

AMZN	amazon com inc	2.47	69,500	16,042,000	added	38.91

APPF	appfolio inc	0.00	0.00	0.00	sold off	-100

ASML	asml holding n v	1.81	10,988	11,755,600	reduced	-40.56

AVGO	broadcom inc	7.66	143,779	49,761,900	added	44.79

BABA	alibaba group hldg ltd	0.00	0.00	0.00	sold off	-100

BILL	bill holdings inc	7.37	878,000	47,886,100	reduced	-8.78

CDNS	cadence design system inc	0.00	0.00	0.00	sold off	-100

CEG	constellation energy corp	3.43	63,065	22,279,000	added	31.45

CFLT	confluent inc	4.24	910,000	27,518,400	reduced	-28.27

CLBT	cellebrite di ltd	1.37	492,755	8,884,370	added	37.74

DDOG	datadog inc	0.00	0.00	0.00	sold off	-100

FROG	jfrog ltd	4.44	462,000	28,856,500	reduced	-20.24

GDS	gds hldgs ltd	0.35	65,272	2,277,990	reduced	-73.31

GOOG	alphabet inc	6.48	134,500	42,098,500	added	9.8

GTLB	gitlab inc	6.12	1,060,000	39,781,800	added	24.71