Light Street Capital Management, LLC
In its 13F for Q4 2024 (holdings as of December 31, 2024, filed February 14, 2025), Light Street Capital Management, LLC reported 29 stock positions worth $485.8 million. Its top holding was Taiwan Semiconductor-SP ADR (TSM) at 13.9% of the portfolio, followed by Nvidia (NVDA, 11.6%) and Meta Platforms Class A (META, 6.5%). Compared with Q3 2024, it opened 11 new positions, sold out of 3, added to 6 and reduced 12. The biggest buy was a new position in Marvell Technology (MRVL) and the biggest sale Nvidia (NVDA, shares −27%).
- Most Recent 13F
- Q2 2026
- Location
- Palo Alto, CA
- CIK
- 0001569049
- Portfolio Value
- $485.8M (Q4 2024)
- SEC Filing
- 0000935836-25-000180 ↗ filed Feb 14, 2025
Holdings Value
Holdings 29 stocks · $485.8M
| TSM Taiwan Semiconductor-SP ADR | 13.87% | 341,154 | $67.4M | Reduce -1.5% |
| NVDA Nvidia Corp. | 11.59% | 419,310 | $56.3M | Reduce -26.9% |
| META Meta Platforms Inc. Class A | 6.47% | 53,647 | $31.4M | Add +47.1% |
| MRVL Marvell Technology Inc. | 6.13% | 269,646 | $29.8M | New |
| AMD Advanced Micro Devices | 5.29% | 212,739 | $25.7M | Reduce -8.5% |
| AMZN Amazon.com Inc. | 5.06% | 112,000 | $24.6M | Reduce -5.2% |
| CLS Celestica Inc. | 4.67% | 246,080 | $22.7M | Reduce -2.6% |
| FROG Jfrog Ltd. | 4.63% | 765,018 | $22.5M | Reduce -19.4% |
| GTLB Gitlab Inc. Class A | 4.37% | 376,803 | $21.2M | Add +2.1% |
| AVGO Broadcom Inc. | 4.21% | 88,172 | $20.4M | Reduce -32.6% |
| GDS GDS Holdings Ltd. - ADR filed as GDS HLDGS LTD | 3.84% | 785,156 | $18.7M | New |
| CRM Salesforce Inc. | 3.46% | 50,255 | $16.8M | Add +0.3% |
| MBLY Mobileye Global Inc. Class A | 3.14% | 766,892 | $15.3M | New |
| ADSK Autodesk Inc. | 3.10% | 50,956 | $15.1M | Reduce -21.7% |
| MELI MercadoLibre Inc. | 2.78% | 7,941 | $13.5M | New |
| AAPL Apple Inc. | 2.72% | 52,849 | $13.2M | Reduce -19.3% |
| BILL Bill Holdings Inc. | 2.67% | 153,351 | $13.0M | Reduce -58.9% |
| CLBT Cellebrite Di Ltd. | 2.62% | 578,235 | $12.7M | Reduce -28.5% |
| WDAY Workday Inc. Class A | 2.38% | 44,768 | $11.6M | New |
| GOOGL Alphabet Inc. Class A | 2.35% | 60,296 | $11.4M | New |
| INDI Indie Semiconductor Inc. Class A | 1.95% | 2,338,469 | $9.5M | Add +30.4% |
| ZS Zscaler Inc. | 1.23% | 33,215 | $6.0M | New |
| GEV GE Vernova Inc. | 1.14% | 16,895 | $5.6M | Add +766.4% |
| NXPI NXP Semiconductors NV | 0.07% | 1,600 | $333K | Reduce -12.3% |
| ASML ASML Holding NV-NY Reg SHS | 0.06% | 448 | $311K | Add +40.0% |
| CDNS Cadence Design SYS Inc. | 0.05% | 780 | $234K | New |
| ANSS Ansys Inc. | 0.05% | 690 | $233K | New |
| CEG Constellation Energy | 0.05% | 1,037 | $232K | New |
| SNPS Synopsys Inc. | 0.05% | 455 | $221K | New |
Options reported separately and not counted above: TSM puts ($58.8M).
Portfolio Sells Q3 2024 → Q4 2024
| NVDA Nvidia Corp. | Reduce -26.9% | 11.59% | −5.65 |
| AMD Advanced Micro Devices | Reduce -8.5% | 5.29% | −4.15 |
| BE Bloom Energy Corp. Class A | Sold out | 0.00% | −3.57 |
| BILL Bill Holdings Inc. | Reduce -58.9% | 2.67% | −2.20 |
| FROG Jfrog Ltd. | Reduce -19.4% | 4.63% | −2.19 |
| NCNO Ncino Inc. | Sold out | 0.00% | −1.95 |
| AVGO Broadcom Inc. | Reduce -32.6% | 4.21% | −1.38 |
| ADSK Autodesk Inc. | Reduce -21.7% | 3.10% | −1.34 |
| AAPL Apple Inc. | Reduce -19.3% | 2.72% | −1.05 |
| TSM Taiwan Semiconductor-SP ADR | Reduce -1.5% | 13.87% | −1.03 |
| CLBT Cellebrite Di Ltd. | Reduce -28.5% | 2.62% | −0.75 |
| AMZN Amazon.com Inc. | Reduce -5.2% | 5.06% | −0.39 |
| MU Micron Technology Inc. | Sold out | 0.00% | −0.05 |
| NXPI NXP Semiconductors NV | Reduce -12.3% | 0.07% | −0.04 |
| CLS Celestica Inc. | Reduce -2.6% | 4.67% | +1.48 |
Portfolio Buys Q3 2024 → Q4 2024
| MRVL Marvell Technology Inc. | New | 6.13% | +6.13 |
| GDS GDS Holdings Ltd. - ADR | New | 3.84% | +3.84 |
| MBLY Mobileye Global Inc. Class A | New | 3.14% | +3.14 |
| MELI MercadoLibre Inc. | New | 2.78% | +2.78 |
| WDAY Workday Inc. Class A | New | 2.38% | +2.38 |
| GOOGL Alphabet Inc. Class A | New | 2.35% | +2.35 |
| META Meta Platforms Inc. Class A | Add +47.1% | 6.47% | +1.30 |
| ZS Zscaler Inc. | New | 1.23% | +1.23 |
| GEV GE Vernova Inc. | Add +766.4% | 1.14% | +1.02 |
| INDI Indie Semiconductor Inc. Class A | Add +30.4% | 1.95% | +0.18 |
| CRM Salesforce Inc. | Add +0.3% | 3.46% | +0.07 |
| CDNS Cadence Design SYS Inc. | New | 0.05% | +0.05 |
| ANSS Ansys Inc. | New | 0.05% | +0.05 |
| CEG Constellation Energy | New | 0.05% | +0.05 |
| SNPS Synopsys Inc. | New | 0.05% | +0.05 |
| ASML ASML Holding NV-NY Reg SHS | Add +40.0% | 0.06% | −0.00 |
| GTLB Gitlab Inc. Class A | Add +2.1% | 4.37% | −0.34 |
Options Activity Q3 2024 → Q4 2024
| TSM Taiwan Semiconductor-SP ADR | put | Add +178.8% | 297,500 | $58.8M |
Calls and puts are listed by the shares they cover; their value is not part of the stock holdings above.
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 |