Light Street Capital Management, LLC
In its 13F for Q2 2026 (holdings as of June 30, 2026, filed August 14, 2026), Light Street Capital Management, LLC reported 27 stock positions worth $850.7 million. Its top holding was Taiwan Semiconductor-SP ADR (TSM) at 12.7% of the portfolio, followed by Advanced Micro Devices (AMD, 7.5%) and Astera Labs (ALAB, 7.1%). Compared with Q1 2026, it opened 8 new positions, sold out of 4, added to 11 and reduced 7. The biggest buy was a new position in Astera Labs (ALAB) and the biggest sale Nvidia (NVDA, shares −50%).
- Most Recent 13F
- Q2 2026
- Location
- Palo Alto, CA
- CIK
- 0001569049
- Portfolio Value
- $850.7M (Q2 2026)
- SEC Filing
- 0000935836-26-000422 ↗ filed Aug 14, 2026
Holdings Value
Holdings 27 stocks · $850.7M
| TSM Taiwan Semiconductor-SP ADR | 12.68% | 225,949 | $107.9M | Reduce -0.7% |
| AMD Advanced Micro Devices | 7.48% | 109,500 | $63.6M | Reduce -50.1% |
| ALAB Astera Labs Inc. | 7.14% | 125,750 | $60.7M | New |
| GTLB Gitlab Inc. Class A | 6.98% | 1,945,000 | $59.4M | Add +66.2% |
| AVGO Broadcom Inc. | 6.81% | 153,250 | $57.9M | Add +2.3% |
| AMKR Amkor Technology Inc. | 6.05% | 596,783 | $51.5M | Add +46.6% |
| FROG Jfrog Ltd. | 5.50% | 514,500 | $46.8M | Reduce -10.5% |
| MKSI MKS Inc. | 5.43% | 103,800 | $46.2M | Reduce -15.1% |
| CHYM Chime Financial Inc. Class A | 5.29% | 2,199,089 | $45.0M | Add +5.8% |
| CPNG Coupang Inc. | 4.13% | 2,025,000 | $35.2M | Add +92.5% |
| TOST Toast Inc. Class A | 3.82% | 1,167,500 | $32.5M | New |
| RDDT Reddit Inc. Class A | 3.72% | 182,500 | $31.7M | New |
| NVDA Nvidia Corp. | 3.22% | 136,720 | $27.4M | Reduce -49.8% |
| BE Bloom Energy Corp. Class A | 2.99% | 84,167 | $25.5M | Add +66.3% |
| ASML ASML Holding NV-NY Reg SHS filed as ASML HLDG NV | 2.56% | 10,957 | $21.8M | Add +0.1% |
| MELI MercadoLibre Inc. | 2.54% | 12,750 | $21.6M | New |
| CLBT Cellebrite Di Ltd. | 2.25% | 1,312,755 | $19.2M | Add +104.8% |
| SNOW Snowflake Inc. | 2.09% | 70,000 | $17.8M | New |
| MDB Mongodb Inc. | 1.97% | 50,000 | $16.8M | New |
| GOOGL Alphabet Inc. Class A | 1.79% | 42,650 | $15.2M | Add +0.3% |
| AMZN Amazon.com Inc. | 1.43% | 51,000 | $12.2M | Reduce -59.1% |
| DDOG Datadog Inc. Class A | 1.22% | 40,000 | $10.4M | No change |
| DRAM Roundhill Memory ETF | 1.04% | 120,000 | $8.9M | New |
| NXPI NXP Semiconductors NV | 0.76% | 23,003 | $6.5M | Reduce -9.8% |
| ADI Analog Devices Inc. | 0.49% | 10,523 | $4.2M | Add +0.2% |
| QNT Quantinuum Inc. Class A | 0.34% | 35,242 | $2.9M | New |
| GDS GDS Holdings Ltd. - ADR filed as GDS HLDGS LTD | 0.25% | 71,790 | $2.2M | Add +0.2% |
Options reported separately and not counted above: TSM puts ($52.2M).
Portfolio Sells Q1 2026 → Q2 2026
| NVDA Nvidia Corp. | Reduce -49.8% | 3.22% | −6.33 |
| BILL Bill Holdings Inc. | Sold out | 0.00% | −4.81 |
| AMZN Amazon.com Inc. | Reduce -59.1% | 1.43% | −3.80 |
| TSM Taiwan Semiconductor-SP ADR | Reduce -0.7% | 12.68% | −2.78 |
| IOT Samsara Inc. Class A | Sold out | 0.00% | −2.45 |
| AMD Advanced Micro Devices | Reduce -50.1% | 7.48% | −1.49 |
| LITE Lumentum Holdings Inc. | Sold out | 0.00% | −0.41 |
| AMPL Amplitude Inc. Class A | Sold out | 0.00% | −0.40 |
| NXPI NXP Semiconductors NV | Reduce -9.8% | 0.76% | −0.25 |
| MKSI MKS Inc. | Reduce -15.1% | 5.43% | −0.22 |
| FROG Jfrog Ltd. | Reduce -10.5% | 5.50% | +0.07 |
Portfolio Buys Q1 2026 → Q2 2026
| ALAB Astera Labs Inc. | New | 7.14% | +7.14 |
| TOST Toast Inc. Class A | New | 3.82% | +3.82 |
| RDDT Reddit Inc. Class A | New | 3.72% | +3.72 |
| MELI MercadoLibre Inc. | New | 2.54% | +2.54 |
| AMKR Amkor Technology Inc. | Add +46.6% | 6.05% | +2.36 |
| SNOW Snowflake Inc. | New | 2.09% | +2.09 |
| MDB Mongodb Inc. | New | 1.97% | +1.97 |
| GTLB Gitlab Inc. Class A | Add +66.2% | 6.98% | +1.89 |
| BE Bloom Energy Corp. Class A | Add +66.3% | 2.99% | +1.62 |
| DRAM Roundhill Memory ETF | New | 1.04% | +1.04 |
| CLBT Cellebrite Di Ltd. | Add +104.8% | 2.25% | +0.48 |
| QNT Quantinuum Inc. Class A | New | 0.34% | +0.34 |
| CPNG Coupang Inc. | Add +92.5% | 4.13% | +0.14 |
| ADI Analog Devices Inc. | Add +0.2% | 0.49% | −0.18 |
| GDS GDS Holdings Ltd. - ADR | Add +0.2% | 0.25% | −0.33 |
| ASML ASML Holding NV-NY Reg SHS | Add +0.1% | 2.56% | −0.34 |
| GOOGL Alphabet Inc. Class A | Add +0.3% | 1.79% | −0.67 |
| AVGO Broadcom Inc. | Add +2.3% | 6.81% | −2.52 |
| CHYM Chime Financial Inc. Class A | Add +5.8% | 5.29% | −2.53 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 27 | $850.7M | TSM, AMD, ALAB, GTLB, AVGO |
| Q1 2026 | 23 | $497.3M | TSM, NVDA, AVGO, AMD, CHYM |
| Q4 2025 | 24 | $649.8M | TSM, CHYM, NVDA, AVGO, BILL |
| Q3 2025 | 27 | $594.5M | TSM, NVDA, BILL, AMD, GTLB |
| Q2 2025 | 26 | $489.5M | TSM, NVDA, AMD, AVGO, BILL |
| Q1 2025 | 20 | $308.7M | TSM, NVDA, BILL, AMD, FROG |
| Q4 2024 | 29 | $485.8M | TSM, NVDA, META, MRVL, AMD |
| Q3 2024 | 21 | $404.1M | NVDA, TSM, AMD, FROG, AVGO |
| Q2 2024 | 24 | $411.6M | NVDA, TSM, CLS, AMD, FROG |
| Q1 2024 | 20 | $395.8M | NVDA, TSM, AMZN, AMD, FROG |