Light Street Capital Management 13F holdings, Q1 2025
Holdings as of March 31, 2025 · filings on SEC EDGAR · latest filing →
Light Street Capital Management disclosed 20 US equity positions worth $308.7m in its Q1 2025 13F filing. The largest position was TSM at 17.2% of the reported book, followed by NVDA and BILL. Against the Q4 2024 filing, it opened 3 new positions, added to 10 and reduced 7 among the top 20 holdings.
What did Light Street Capital Management own in Q1 2025? Top 20 positions
| # | Stock | Sector | Weight | Value | Shares | Δ shares | vs Q4 2024 |
|---|---|---|---|---|---|---|---|
| 1 | TSM TAIWAN SEMICONDUCTOR MFG LTD | Technology | 17.2% | $53.1m | 319,745 | -6% | reduced |
| 2 | NVDA NVIDIA CORPORATION | Technology | 11.3% | $34.9m | 321,715 | -23% | reduced |
| 3 | BILL BILL HOLDINGS INC | Technology | 9.8% | $30.4m | 662,603 | 332% | added |
| 4 | AMD ADVANCED MICRO DEVICES INC | Technology | 8.5% | $26.3m | 255,670 | 20% | added |
| 5 | FROG JFROG LTD | Technology | 6.6% | $20.5m | 640,940 | -16% | reduced |
| 6 | AVGO BROADCOM INC | Technology | 6.6% | $20.4m | 122,002 | 38% | added |
| 7 | GTLB GITLAB INC | Technology | 6.3% | $19.5m | 414,317 | 10% | added |
| 8 | RDDT REDDIT INC | Communication Services | 6.0% | $18.5m | 176,550 | – | new |
| 9 | BL BLACKLINE INC | Technology | 6.0% | $18.4m | 380,988 | – | new |
| 10 | AMZN AMAZON COM INC | Consumer Cyclical | 5.3% | $16.3m | 85,851 | -23% | reduced |
| 11 | META META PLATFORMS INC | Communication Services | 4.5% | $13.8m | 23,935 | -55% | reduced |
| 12 | CLBT CELLEBRITE DI LTD | Technology | 3.5% | $10.8m | 557,755 | -4% | reduced |
| 13 | NCNO NCINO INC | Technology | 3.3% | $10.1m | 367,537 | – | new |
| 14 | ASML ASML HOLDING N V | Technology | 1.5% | $4.6m | 7,011 | 1465% | added |
| 15 | NXPI NXP SEMICONDUCTORS N V | Technology | 1.2% | $3.8m | 20,020 | 1151% | added |
| 16 | AKX ANSYS INC | 0.5% | $1.7m | 5,359 | 677% | added | |
| 17 | SNPS SYNOPSYS INC | Technology | 0.5% | $1.6m | 3,675 | 708% | added |
| 18 | CDNS CADENCE DESIGN SYSTEM INC | Technology | 0.5% | $1.5m | 5,911 | 658% | added |
| 19 | AAPL APPLE INC | Technology | 0.5% | $1.4m | 6,367 | -88% | reduced |
| 20 | CEG CONSTELLATION ENERGY CORP | Utilities | 0.3% | $1.0m | 5,091 | 391% | added |
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.