Light Street Capital Management 13F holdings, Q1 2018
Holdings as of March 31, 2018 · filings on SEC EDGAR · latest filing →
Light Street Capital Management disclosed 24 US equity positions worth $1.1bn in its Q1 2018 13F filing. The largest position was W at 9.7% of the reported book, followed by MTCH and PAGS. Against the Q4 2017 filing, it opened 10 new positions, added to 7 and reduced 6 among the top 24 holdings.
What did Light Street Capital Management own in Q1 2018? Top 24 positions
| # | Stock | Sector | Weight | Value | Shares | Δ shares | vs Q4 2017 |
|---|---|---|---|---|---|---|---|
| 1 | W WAYFAIR INC | Consumer Cyclical | 9.7% | $106.6m | 1,578,945 | 62% | added |
| 2 | MTCH MATCH GROUP INC | Communication Services | 8.4% | $92.2m | 2,075,000 | -14% | reduced |
| 3 | PAGS PAGSEGURO DIGITAL LTD | Technology | 7.1% | $77.7m | 2,028,255 | – | new |
| 4 | AMZN AMAZON COM INC | Consumer Cyclical | 6.9% | $75.8m | 52,344 | -11% | reduced |
| 5 | NVDA NVIDIA CORP | Technology | 6.5% | $71.1m | 306,817 | – | new |
| 6 | NBIS YANDEX N V | Communication Services | 6.4% | $70.3m | 1,783,031 | – | new |
| 7 | STMP STAMPS COM INC | 5.7% | $62.3m | 310,026 | 3% | added | |
| 8 | PANW PALO ALTO NETWORKS INC | Technology | 5.7% | $62.2m | 342,776 | 1614% | added |
| 9 | XYZ SQUARE INC | Technology | 5.7% | $62.2m | 1,264,088 | 3% | added |
| 10 | MSFT MICROSOFT CORP | Technology | 4.7% | $51.8m | 567,500 | 42% | added |
| 11 | EXPE EXPEDIA GROUP INC | Consumer Cyclical | 4.6% | $50.5m | 457,497 | – | new |
| 12 | META FACEBOOK INC | Communication Services | 4.5% | $49.4m | 309,017 | -23% | reduced |
| 13 | MSGS MADISON SQUARE GARDEN CO NEW | Communication Services | 4.1% | $45.2m | 183,726 | – | new |
| 14 | SFIX STITCH FIX INC | Consumer Cyclical | 3.1% | $34.4m | 1,695,415 | 54% | added |
| 15 | DBX DROPBOX INC | Technology | 2.9% | $32.2m | 1,032,015 | – | new |
| 16 | OKTA OKTA INC | Technology | 2.6% | $28.6m | 718,000 | 3% | added |
| 17 | BABA ALIBABA GROUP HLDG LTD | Consumer Cyclical | 2.5% | $27.9m | 151,975 | -45% | reduced |
| 18 | TAL TAL ED GROUP | Consumer Defensive | 2.4% | $26.6m | 716,521 | -16% | reduced |
| 19 | GTY TECHNOLOGY HOLDINGS INC | 2.4% | $25.9m | 2,500,000 | 0% | held | |
| 20 | SHOP SHOPIFY INC | Technology | 2.3% | $25.3m | 203,018 | -52% | reduced |
| 21 | GRIDSUM HLDG INC | 1.3% | $13.9m | 1,696,468 | – | new | |
| 22 | ZS ZSCALER INC | Technology | 0.1% | $1.1m | 40,000 | – | new |
| 23 | IAC INTERACTIVECORP | 0.1% | $1.1m | 7,000 | – | new | |
| 24 | CRM SALESFORCE COM INC | Technology | 0.1% | $989.0k | 8,500 | – | new |
Weights are shares of the reported long US equity book (options excluded). Values are as filed, normalised to whole dollars. Share changes compare against the immediately preceding filing only.