WhaleCreep

Light Street Capital Management, LLC 13F holdings, Q3 2020

Hedge fundSEC filingsCompare with another fundHoldings as of 2020-09-30, filed 2020-11-16

Light Street Capital Management, LLC disclosed 44 US equity positions worth $2.8bn in its Q3 2020 13F filing. Its largest position is U at 16.4% of the reported book, followed by SE and GDRX. Versus Q2 2020 it opened 13 new positions, added to 7, reduced 21 and exited 8.

$2.8bn
Reported equity book
Sum of the long US equity positions in the filing, at the values filed. Options are excluded.
44
Positions
Distinct securities in the equity book with a reported value above zero. Options are excluded.
16.4%
Largest position
The largest single position as a share of the reported equity book.
48.2%
Top 10 weight
The ten largest positions together, as a share of the reported equity book.
20
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 2020: 13 new, 7 added, 21 reduced, 8 exited

44 rows
U UNITY SOFTWARE INCTechnology16.4%$454m5.20m–new
SE SEA LTDConsumer Cyclical6.4%$178m1.15m−23%reduced
GDRX GOODRX HLDGS INCHealthcare3.6%$98.9m1.78m–new
PTON PELOTON INTERACTIVE INCConsumer Cyclical3.5%$96.9m976,700+23%added
STNE STONECO LTDTechnology3.3%$90.7m1.72m−41%reduced
CZR CAESARS ENTERTAINMENT INC NEConsumer Cyclical3.1%$85.1m1.52m–new
ZM ZOOM COMMUNICATIONS INCTechnology3.0%$83.5m177,600+12%added
JD JD.COM INCConsumer Cyclical3.0%$83.3m1.07m−15%reduced
ETSY ETSY INCConsumer Cyclical3.0%$82.9m681,400−6.1%reduced
TLND TALEND S A–2.8%$77.7m1.99m−4.2%reduced
BABA ALIBABA GROUP HLDG LTDConsumer Cyclical2.8%$77.2m262,700+10%added
NVTA1EUR INVITAE CORP–2.8%$76.8m1.77m–new
MTCH MATCH GROUP INC NEWCommunication Services2.6%$71.3m644,661+1.6%added
TSLA TESLA INCConsumer Cyclical2.4%$65.8m153,350–new
CRWD CROWDSTRIKE HLDGS INCTechnology2.3%$64.6m470,273−26%reduced
PRPL PURPLE INNOVATION INCConsumer Cyclical2.3%$63.5m2.55m–new
NFLX NETFLIX INC.Communication Services2.3%$62.9m125,725−27%reduced
PYPL PAYPAL HLDGS INCFinancial Services2.2%$61.8m313,750−16%reduced
VYX NCR VOYIX CORPORATIONTechnology2.2%$61.6m2.78m−18%reduced
AVGO BROADCOM INCTechnology2.1%$59.0m162,080+2.5%added
AMZN AMAZON COM INCConsumer Cyclical2.1%$58.3m18,500−23%reduced
DT DYNATRACE INCTechnology2.0%$55.5m1.35m−14%reduced
DDOG DATADOG INCTechnology2.0%$55.1m539,679−13%reduced
ASML ASML HLDG NVTechnology2.0%$54.6m147,798−12%reduced
CREE INC no ticker–2.0%$54.5m854,733−32%reduced
TWC TECH HLDGS II CORP no ticker–1.8%$50.6m5.00m–new
ACEL ACCEL ENTERTAINMENT INCConsumer Cyclical1.8%$50.3m4.70m+65%added
DOCU DOCUSIGN INCTechnology1.6%$44.5m206,700–new
ATVIEUR ACTIVISION BLIZZARD INC–1.6%$43.5m536,800−18%reduced
LI LI AUTO INCConsumer Cyclical1.5%$40.9m2.35m–new
TAL TAL EDUCATION GROUPConsumer Defensive1.5%$40.5m532,700−16%reduced
CHWY CHEWY INCConsumer Cyclical1.4%$38.5m701,500+42%added
W WAYFAIR INCConsumer Cyclical1.4%$38.0m130,550−38%reduced
SHOP SHOPIFY INCTechnology1.3%$36.0m35,240–new
GDS GDS HLDGS LTDTechnology1.2%$32.1m392,404−46%reduced
FROG JFROG LTDTechnology0.6%$16.9m200,000–new
LYV LIVE NATION ENTERTAINMENT INCommunication Services0.5%$14.0m260,000−69%reduced
OKTA OKTA INCTechnology0.4%$11.8m55,000–new
LYFT LYFT INCTechnology0.3%$8.3m301,2140.0%held
MSFT MICROSOFT CORPTechnology0.3%$7.4m35,000−79%reduced
WORK SLACK TECHNOLOGIES INC–0.2%$6.3m235,495−67%reduced
UBER UBER TECHNOLOGIES INCTechnology0.2%$5.1m139,8460.0%held
PINS PINTEREST INCCommunication Services0.1%$3.4m81,9400.0%held
CHINDATA GROUP HLDGS LTD no ticker–0.01%$325k20,000–new

Exited since Q2 2020

8 rows
META META PLATFORMS INC3.0%$61.9m
GRUBHUB INC no ticker2.9%$59.0m
VNET VNET GROUP INC2.3%$47.6m
MELI MERCADOLIBRE2.3%$46.6m
SMARGBP SMARTSHEET INC2.0%$40.4m
FIVN FIVE9 INC1.8%$37.3m
LX LEXINFINTECH HLDGS LTD1.5%$30.7m
QFIN QFIN HOLDINGS INC0.8%$17.0m

Sector mix

  • Technology41.3%
  • Consumer Cyclical34.7%
  • Unclassified11.2%
  • Communication Services5.5%
  • Healthcare3.6%
  • Financial Services2.2%
  • Consumer Defensive1.5%

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