WhaleCreep

Light Street Capital Management, LLC 13F holdings, Q3 2014

Hedge fundSEC filingsCompare with another fundHoldings as of 2014-09-30, filed 2014-11-14

Light Street Capital Management, LLC disclosed 34 US equity positions worth $706.7m in its Q3 2014 13F filing. Its largest position is META at 9.2% of the reported book, followed by YYEUR and QIHOO 360 TECHNOLOGY CO LTD. Versus Q2 2014 it opened 7 new positions, added to 14, reduced 11 and exited 17.

$707m
Reported equity book
Sum of the long US equity positions in the filing, at the values filed. Options are excluded.
34
Positions
Distinct securities in the equity book with a reported value above zero. Options are excluded.
9.2%
Largest position
The largest single position as a share of the reported equity book.
47.5%
Top 10 weight
The ten largest positions together, as a share of the reported equity book.
26
Effective positions
1 / HHI of portfolio weights: the number of equal-weight positions the book behaves like.
55
Quarters on file since Q4 2012
Quarters for which this manager's 13F holdings are on record.

Holdings

Against Q2 2014: 7 new, 14 added, 11 reduced, 17 exited

34 rows
META META PLATFORMS INCCommunication Services9.2%$65.2m825,000+10%added
YYEUR YY INC–5.6%$39.3m525,000−28%reduced
QIHOO 360 TECHNOLOGY CO LTD no ticker–5.1%$36.1m535,000+53%added
FEYECHF FIREEYE INC–4.3%$30.6m1.00m+567%added
PANDORA MEDIA INC no ticker–4.3%$30.2m1.25m+6.4%added
AAPL APPLE INCTechnology4.1%$28.9m287,289−4.2%reduced
WUBAUSD 58 COM INC–4.0%$27.9m750,000−9.1%reduced
TWTRUSD TWITTER INC–3.7%$26.5m513,460+90%added
NFLX NETFLIX INC.Communication Services3.7%$25.8m57,253−4.6%reduced
ATHM AUTOHOME INCCommunication Services3.6%$25.4m605,000+6.1%added
NBIS NEBIUS GROUP N.V.Communication Services3.5%$25.0m900,0000.0%held
PRICELINE GRP INC no ticker–3.5%$24.8m21,381+64%added
DATA TABLEAU SOFTWARE INC–3.4%$24.0m330,000+136%added
AMXN AMERICA MOVIL SAB DE CV–3.4%$23.9m950,000–new
VIPS VIPSHOP HOLDINGS LIMITEDConsumer Cyclical2.9%$20.8m110,000−24%reduced
ZULILY INC no ticker–2.8%$19.9m525,000+35%added
XOOM CORP no ticker–2.7%$19.2m875,000+18%added
JMEIUSD JUMEI INTL HLDG LTD–2.7%$19.0m810,000−7.5%reduced
OLED UNIVERSAL DISPLAY CORPTechnology2.6%$18.2m557,325+46%added
SBAC SBA COMMUNICATIONS CORPReal Estate2.5%$17.3m156,145+4.1%added
GPRO GOPRO INCTechnology2.3%$16.6m176,964–new
MARKETO INC no ticker–2.2%$15.7m485,000+304%added
JD JD.COM INCConsumer Cyclical2.2%$15.5m600,000−1.6%reduced
LAMAR ADVERTISING CO no ticker–2.1%$14.8m300,000−7.7%reduced
RMBS RAMBUS INC DELTechnology2.0%$14.0m1.12m+20%added
CRCMGBP CARE COM INC–1.8%$12.4m1.53m−1.4%reduced
TRIP TRIPADVISOR INCConsumer Cyclical1.6%$11.4m125,000−65%reduced
EBAY EBAY INC.Consumer Cyclical1.5%$10.8m190,000–new
SIRI SIRIUS XM HOLDINGS INCCommunication Services1.4%$9.8m2.81m+0.4%held
BABA ALIBABA GROUP HLDG LTDConsumer Cyclical1.4%$9.8m110,000–new
MOBILEYE N V AMSTELVEEN no ticker–1.1%$8.0m150,000–new
CSOD CORNERSTONE ONDEMAND INC–1.1%$7.9m228,193–new
2663134D BITAUTO HLDGS LTD–0.9%$6.2m80,000–new
CVENT INC no ticker–0.8%$5.8m229,012−1.1%reduced

Exited since Q2 2014

17 rows
SOUFUN HLDGS LTD no ticker2.8%$20.4m
RNG RINGCENTRAL INC1.7%$12.1m
LINKEDIN CORP no ticker1.7%$12.0m
ROCKET FUEL INC no ticker1.4%$10.1m
ATML ATMEL CORP1.3%$9.6m
LIBERTY GLOBAL PLC no ticker1.3%$9.1m
LIBERTY GLOBAL PLC no ticker1.2%$8.5m
E-COMMERCE CHINA DANGDANG IN no ticker0.9%$6.5m
COUPONS COM INC no ticker0.8%$5.9m
GOGO GOGO INC0.8%$5.9m
DDD 3D SYS CORP DEL0.5%$3.9m
GRUBHUB INC no ticker0.5%$3.5m
NOW SERVICENOW INC0.3%$2.5m
WDAY WORKDAY INC0.3%$2.2m
E HOUSE CHINA HLDGS LTD no ticker0.3%$2.2m
EGHT 8X8 INC NEW0.3%$2.0m
QUNAR CAYMAN IS LTD no ticker0.04%$286k

Sector mix

  • Unclassified55.5%
  • Communication Services21.4%
  • Technology11.0%
  • Consumer Cyclical9.7%
  • Real Estate2.5%

Book over time

Every quarter on file (55)
QuarterPositionsEquity book
Q2 202627$851m
Q1 202623$497m
Q4 202524$650m
Q3 202527$594m
Q2 202526$490m
Q1 202520$309m
Q4 202429$486m
Q3 202421$404m
Q2 202425$417m
Q1 202421$399m
Q4 202321$334m
Q3 202323$340m
Q2 202321$377m
Q1 202323$410m
Q4 202226$268m
Q3 202230$393m
Q2 202231$686m
Q1 202238$1.3bn
Q4 202146$1.7bn
Q3 202151$2.0bn
Q2 202166$2.3bn
Q1 202146$1.9bn
Q4 202044$3.4bn
Q3 202044$2.8bn
Q2 202039$2.0bn
Q1 202045$1.9bn
Q4 201928$1.7bn
Q3 201928$1.4bn
Q2 201929$1.9bn
Q1 201922$1.2bn
Q4 201826$1.1bn
Q3 201822$1.2bn
Q2 201824$1.2bn
Q1 201824$1.1bn
Q4 201721$729m
Q3 201721$995m
Q2 201720$912m
Q1 201731$1.2bn
Q4 201625$732m
Q3 201621$682m
Q2 201621$539m
Q1 201623$575m
Q4 201522$634m
Q3 201523$550m
Q2 201532$620m
Q1 201528$589m
Q4 201432$557m
Q3 201434$707m
Q2 201444$723m
Q1 201440$546m
Q4 201345$469m
Q3 201339$305m
Q2 201337$224m
Q1 201323$142m
Q4 201224$125m

Where Light Street Capital Management, LLC was early

87 rows
EXPE EXPEDIA GROUP INCQ1 201319 of 2342.1%9.3%10Exited by Q3 2022+58%
EGHT 8X8 INC NEWQ2 20131 of 1021.1%1.9%5Exited by Q3 2014−1.9%
NOW SERVICENOW INCQ2 20131 of 2881.1%3.2%11Exited by Q1 2022+1507%
VNET 21VIANET GROUP INCQ2 20131 of 1314.0%6.1%9Exited by Q3 2020+111%
CSOD CORNERSTONE ONDEMAND INCQ2 20134 of 1060.6%2.0%4Exited by Q4 2016–
PFPT PROOFPOINT INCQ2 20134 of 1121.0%6.2%11Exited by Q1 2019+591%
WDAY WORKDAY INCQ2 20135 of 2632.9%4.1%8Exited by Q1 2025+303%
PANW PALO ALTO NETWORKS INCQ2 20136 of 2421.4%7.7%16Exited by Q3 2023+1718%
ADBE ADOBE INCQ2 20138 of 2753.7%3.7%3Exited by Q2 2024+1008%
2663134D BITAUTO HLDGS LTDQ3 20131 of 673.5%4.1%4Exited by Q4 2014+223%
DDD 3-D SYS CORP DELQ3 20132 of 1000.6%3.1%3Exited by Q3 2014+11%
SSYS STRATASYS LTDQ3 20132 of 940.3%1.5%2Exited by Q1 2014+33%
VIPS VIPSHOP HLDGS LTDQ3 20133 of 1510.7%6.1%11Exited by Q2 2020+174%
META META PLATFORMS INCQ3 201310 of 3843.5%13.4%36Exited by Q3 2025+1369%
ATHM AUTOHOME INCQ4 20132 of 1004.1%5.0%7Exited by Q3 2015+38%
SIRI SIRIUS XM HLDGS INCQ4 20132 of 1852.7%3.1%8Exited by Q4 2015+7.2%
OLED UNIVERSAL DISPLAY CORPQ4 20133 of 1420.3%3.0%8Exited by Q4 2018+243%
ATML ATMEL CORPQ4 20136 of 561.9%2.4%3Exited by Q3 2014+20%
NBIS YANDEX N VQ4 20136 of 2491.6%9.4%14Exited by Q4 2019−59%
LYV LIVE NATION ENTERTAINMENT INQ4 201322 of 2160.6%2.4%6Exited by Q2 2021+328%
RMBS RAMBUS INC DELQ1 20142 of 1201.1%2.0%3Exited by Q4 2014+16%
NFLX NETFLIX INCQ1 201412 of 3014.5%8.9%26Exited by Q1 2026+1764%
JD JD.COM INCQ2 20141 of 2332.4%9.4%12Exited by Q1 2021+208%
DATA TABLEAU SOFTWARE INCQ2 20147 of 1151.4%4.7%9Exited by Q3 2016+106%
AMZN AMAZON COM INCQ4 201423 of 3782.8%10.0%43Held at last filing, Q2 2026+1436%
SHOP SHOPIFY INCQ2 20151 of 2643.9%10.7%13Exited by Q4 2020+2913%
HUBS HUBSPOT INCQ3 20153 of 2203.4%3.6%8Exited by Q3 2021+1157%
MELI MERCADOLIBRE INCQ1 20166 of 2242.0%6.0%15Held at last filing, Q2 2026+1340%
W WAYFAIR INCQ2 20167 of 2417.1%14.0%15Exited by Q1 2021+479%
TTWO TAKE-TWO INTERACTIVE SOFTWARQ2 201613 of 2132.8%6.1%10Exited by Q1 2022+369%
IMAX IMAX CORPQ3 20169 of 1161.9%4.6%6Exited by Q1 2018−20%
TSLA TESLA INCQ3 20169 of 2901.2%7.5%17Exited by Q4 2023+1740%
GDS GDS HLDGS LTDQ4 20161 of 1641.5%4.5%15Held at last filing, Q2 2026+249%
TRVG TRIVAGO N VQ4 20163 of 522.1%2.2%3Exited by Q3 2017+101%
BL BLACKLINE INCQ4 20164 of 1686.3%6.3%6Exited by Q3 2025+105%
XYZ SQUARE INCQ4 20167 of 2793.5%6.2%9Exited by Q4 2021+1660%
WIX WIX COM LTDQ1 20177 of 2102.3%7.8%3Exited by Q4 2017+5.8%
STMP STAMPS COM INCQ1 20179 of 1022.2%7.7%8Exited by Q1 2019+32%
MTCH MATCH GROUP INC NEWQ2 20175 of 2394.4%10.4%19Exited by Q2 2022+526%
SFIX STITCH FIX INCQ4 20172 of 1223.9%4.7%6Exited by Q2 2019+9.3%
OKTA OKTA INCQ4 20174 of 2572.5%3.7%6Exited by Q4 2023+218%
TAL TAL EDUCATION GROUPQ4 20178 of 1103.5%3.5%5Exited by Q4 2020+156%
DBX DROPBOX INCQ1 20184 of 1842.9%2.9%2Exited by Q3 2018+3.7%
PAGS PAGSEGURO DIGITAL LTDQ1 20184 of 1677.1%7.3%3Exited by Q4 2018−28%
MSGS MADISON SQUARE GARDEN CO NEWQ1 20188 of 1504.1%6.9%3Exited by Q4 2018+28%
NVDA NVIDIA CORPORATIONQ1 201832 of 3976.5%17.7%22Held at last filing, Q2 2026+3356%
SPOT SPOTIFY TECHNOLOGY S AQ2 201814 of 2814.0%4.4%7Exited by Q1 2020−11%
FTCHQ FARFETCH LTDQ3 20181 of 1733.4%7.8%5Exited by Q4 2019−68%
STNE STONECO LTDQ4 20182 of 1501.4%5.6%8Exited by Q1 2021+355%
MDB MONGODB INCQ4 20188 of 2283.9%7.0%4Held at last filing, Q2 2026+301%

Concentration and tenure

10.7%
Median largest position, all quarters
The largest single position as a share of the reported equity book.
66.2%
Median top 10 weight, all quarters
The ten largest positions together, as a share of the reported equity book.
Concentrated
Style, by median largest position
2
Median completed holding, quarters