Light Street Capital Portfolio
Light Street Capital 13F filer (CIK 0001569049).
Q1 2025 · 20 positions · Total reported value $358.11M · Top-10 concentration 85.9%
Turnover: 56.7% · 7 new · 6 cut · 4 exited
Active Share (vs S&P 500): 89.3% · vs QQQ: 84.7% — share of the book that differs from index weights (higher = more active) · ranking
In its Q1 2025 13F filing, Light Street Capital disclosed 20 equity positions with a combined reported value of $358.11M. The filing implies a focused portfolio: its ten largest positions account for 85.9% of reported value. HoldingsHub classifies the profile as Small / Focused / Technology Tilt / High Turnover.
The largest disclosed positions as of Q1 2025 were TSM ($102.46M), NVDA ($34.87M), BILL ($30.41M). By sector, the heaviest allocations are Technology 94.7%, Consumer Discretionary 4.6%. Versus the prior quarter, allocation shifted toward Technology (+1.8pp) and away from Consumer Discretionary (-2.4pp).
Versus the prior quarter, Light Street Capital opened 7 new positions, trimmed 6 and fully exited 4, a turnover rate of 56.7% of positions. The portfolio's overlap with the prior quarter was 53% of names.
Figures come from the fund's SEC Form 13F filing. 13F reports are filed within 45 days of quarter end and cover long positions of $100,000 or more; they exclude short positions and non-13F asset classes, so treat this page as a quarter-end snapshot rather than the fund's live book.
| # | Symbol | Company | Shares | Value | Weight | Change |
|---|---|---|---|---|---|---|
| 1 | TSM | TAIWAN SEMICONDUCTOR MANUFAC | 617.25K | $102.46M | 28.61% | Reduce |
| 2 | NVDA | NVIDIA CORPORATION | 321.71K | $34.87M | 9.74% | Reduce |
| 3 | BILL | BILL HOLDINGS INC | 662.60K | $30.41M | 8.49% | Add |
| 4 | AMD | ADVANCED MICRO DEVICES INC | 255.67K | $26.27M | 7.33% | Add |
| 5 | FROG | JFROG LTD | 640.94K | $20.51M | 5.73% | Reduce |
| 6 | AVGO | BROADCOM INC | 122.00K | $20.43M | 5.70% | Add |
| 7 | GTLB | GITLAB INC | 414.32K | $19.47M | 5.44% | Add |
| 8 | RDDT | REDDIT INC | 176.55K | $18.52M | 5.17% | New |
| 9 | BL | BLACKLINE INC | 380.99K | $18.45M | 5.15% | New |
| 10 | AMZN | AMAZON COM INC | 85.85K | $16.33M | 4.56% | Reduce |
| 11 | META | META PLATFORMS INC. CLASS A | 23.93K | $13.80M | 3.85% | Reduce |
| 12 | CLBT | CELLEBRITE DI LTD | 557.75K | $10.84M | 3.03% | Reduce |
| 13 | NCNO | NCINO INC | 367.54K | $10.10M | 2.82% | New |
| 14 | ASML | ASML HLDG NV | 7.01K | $4.65M | 1.30% | Add |
| 15 | NXPI | NXP SEMICONDUCTORS N V | 20.02K | $3.81M | 1.06% | Add |
| 16 | ANSS | ANSYS INC | 5.36K | $1.70M | 0.47% | Add |
| 17 | SNPS | SYNOPSYS INC | 3.67K | $1.58M | 0.44% | Add |
| 18 | CDNS | CADENCE DESIGN SYSTEM INC | 5.91K | $1.50M | 0.42% | Add |
| 19 | AAPL | APPLE INC | 6.37K | $1.41M | 0.40% | Reduce |
| 20 | CEG | CONSTELLATION ENERGY CORP | 5.09K | $1.03M | 0.29% | Add |