Light Street Capital Management 13F holdings, Q4 2025
Holdings as of December 31, 2025 · filings on SEC EDGAR · latest filing →
Light Street Capital Management disclosed 24 US equity positions worth $649.8m in its Q4 2025 13F filing. The largest position was TSM at 12.6% of the reported book, followed by CHYM and NVDA. Against the Q3 2025 filing, it opened 6 new positions, added to 9 and reduced 9 among the top 24 holdings.
What did Light Street Capital Management own in Q4 2025? Top 24 positions
| # | Stock | Sector | Weight | Value | Shares | Δ shares | vs Q3 2025 |
|---|---|---|---|---|---|---|---|
| 1 | TSM TAIWAN SEMICONDUCTOR MFG LTD | Technology | 12.6% | $81.6m | 268,392 | -7% | reduced |
| 2 | CHYM CHIME FINL INC | Technology | 10.5% | $68.2m | 2,710,289 | 82% | added |
| 3 | NVDA NVIDIA CORPORATION | Technology | 9.8% | $63.4m | 340,000 | 23% | added |
| 4 | AVGO BROADCOM INC | Technology | 7.7% | $49.8m | 143,779 | 45% | added |
| 5 | BILL BILL HOLDINGS INC | Technology | 7.4% | $47.9m | 878,000 | -9% | reduced |
| 6 | AMD ADVANCED MICRO DEVICES INC | Technology | 7.2% | $47.0m | 219,487 | -13% | reduced |
| 7 | GOOGL ALPHABET INC | Communication Services | 6.5% | $42.1m | 134,500 | 10% | added |
| 8 | GTLB GITLAB INC | Technology | 6.1% | $39.8m | 1,060,000 | 25% | added |
| 9 | FROG JFROG LTD | Technology | 4.4% | $28.9m | 462,000 | -20% | reduced |
| 10 | 8QR CONFLUENT INC | 4.2% | $27.5m | 910,000 | -28% | reduced | |
| 11 | CEG CONSTELLATION ENERGY CORP | Utilities | 3.4% | $22.3m | 63,065 | 31% | added |
| 12 | RDDT REDDIT INC | Communication Services | 3.2% | $20.7m | 90,000 | – | new |
| 13 | NFLX NETFLIX INC | Communication Services | 2.9% | $18.8m | 200,000 | – | new |
| 14 | AMPL AMPLITUDE INC | Technology | 2.7% | $17.4m | 1,500,000 | – | new |
| 15 | AMZN AMAZON COM INC | Consumer Cyclical | 2.5% | $16.0m | 69,500 | 39% | added |
| 16 | ASML ASML HOLDING N V | Technology | 1.8% | $11.8m | 10,988 | -41% | reduced |
| 17 | AMKR AMKOR TECHNOLOGY INC | Technology | 1.7% | $11.4m | 287,895 | – | new |
| 18 | TEAM ATLASSIAN CORPORATION | Technology | 1.6% | $10.3m | 63,272 | – | new |
| 19 | CLBT CELLEBRITE DI LTD | Technology | 1.4% | $8.9m | 492,755 | 38% | added |
| 20 | NXPI NXP SEMICONDUCTORS N V | Technology | 0.8% | $5.4m | 24,927 | -1% | reduced |
| 21 | MKSI MKS INC. | Technology | 0.5% | $3.1m | 19,582 | – | new |
| 22 | ADI ANALOG DEVICES INC | Technology | 0.4% | $2.8m | 10,152 | 50% | added |
| 23 | AAPL APPLE INC | Technology | 0.4% | $2.7m | 10,039 | -6% | reduced |
| 24 | GDS GDS HLDGS LTD | Technology | 0.4% | $2.3m | 65,272 | -73% | reduced |
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.