Light Street Capital Management, LLC
In its 13F for Q4 2025 (holdings as of December 31, 2025, filed February 17, 2026), Light Street Capital Management, LLC reported 24 stock positions worth $649.8 million. Its top holding was Taiwan Semiconductor-SP ADR (TSM) at 12.6% of the portfolio, followed by Chime Financial Class A (CHYM, 10.5%) and Nvidia (NVDA, 9.8%). Compared with Q3 2025, it opened 6 new positions, sold out of 9, added to 9 and reduced 9. The biggest buy was Chime Financial Class A (CHYM, shares +82%) and the biggest sale an exit from Datadog Class A (DDOG).
- Most Recent 13F
- Q2 2026
- Location
- Palo Alto, CA
- CIK
- 0001569049
- Portfolio Value
- $649.8M (Q4 2025)
- SEC Filing
- 0000935836-26-000112 ↗ filed Feb 17, 2026
Holdings Value
Holdings 24 stocks · $649.8M
| TSM Taiwan Semiconductor-SP ADR | 12.55% | 268,392 | $81.6M | Reduce -7.2% |
| CHYM Chime Financial Inc. Class A | 10.50% | 2,710,289 | $68.2M | Add +81.7% |
| NVDA Nvidia Corp. | 9.76% | 340,000 | $63.4M | Add +22.9% |
| AVGO Broadcom Inc. | 7.66% | 143,779 | $49.8M | Add +44.8% |
| BILL Bill Holdings Inc. | 7.37% | 878,000 | $47.9M | Reduce -8.8% |
| AMD Advanced Micro Devices | 7.23% | 219,487 | $47.0M | Reduce -12.6% |
| GOOGL Alphabet Inc. Class A | 6.48% | 134,500 | $42.1M | Add +9.8% |
| GTLB Gitlab Inc. Class A | 6.12% | 1,060,000 | $39.8M | Add +24.7% |
| FROG Jfrog Ltd. | 4.44% | 462,000 | $28.9M | Reduce -20.2% |
| CFLT Confluent Inc. Class A | 4.23% | 910,000 | $27.5M | Reduce -28.3% |
| CEG Constellation Energy | 3.43% | 63,065 | $22.3M | Add +31.4% |
| RDDT Reddit Inc. Class A | 3.18% | 90,000 | $20.7M | New |
| NFLX Netflix Inc. | 2.89% | 200,000 | $18.8M | New |
| AMPL Amplitude Inc. Class A | 2.67% | 1,500,000 | $17.4M | New |
| AMZN Amazon.com Inc. | 2.47% | 69,500 | $16.0M | Add +38.9% |
| ASML ASML Holding NV-NY Reg SHS | 1.81% | 10,988 | $11.8M | Reduce -40.6% |
| AMKR Amkor Technology Inc. | 1.75% | 287,895 | $11.4M | New |
| TEAM Atlassian Corp. Class A | 1.58% | 63,272 | $10.3M | New |
| CLBT Cellebrite Di Ltd. | 1.37% | 492,755 | $8.9M | Add +37.7% |
| NXPI NXP Semiconductors NV | 0.83% | 24,927 | $5.4M | Reduce -1.0% |
| MKSI MKS Inc. | 0.48% | 19,582 | $3.1M | New |
| ADI Analog Devices Inc. | 0.42% | 10,152 | $2.8M | Add +50.0% |
| AAPL Apple Inc. | 0.42% | 10,039 | $2.7M | Reduce -5.9% |
| GDS GDS Holdings Ltd. - ADR filed as GDS HLDGS LTD | 0.35% | 65,272 | $2.3M | Reduce -73.3% |
Portfolio Sells Q3 2025 → Q4 2025
| DDOG Datadog Inc. Class A | Sold out | 0.00% | −4.96 |
| SNOW Snowflake Inc. | Sold out | 0.00% | −3.76 |
| MDB Mongodb Inc. | Sold out | 0.00% | −3.58 |
| BABA Alibaba Group Holding-SP ADR | Sold out | 0.00% | −3.16 |
| SE Sea Ltd.-ADR | Sold out | 0.00% | −2.08 |
| GDS GDS Holdings Ltd. - ADR | Reduce -73.3% | 0.35% | −1.24 |
| BILL Bill Holdings Inc. | Reduce -8.8% | 7.37% | −1.21 |
| ASML ASML Holding NV-NY Reg SHS | Reduce -40.6% | 1.81% | −1.20 |
| TSM Taiwan Semiconductor-SP ADR | Reduce -7.2% | 12.55% | −1.03 |
| APPF Appfolio Inc. Class A | Sold out | 0.00% | −0.93 |
| MNDY Monday.com Ltd. | Sold out | 0.00% | −0.65 |
| SNPS Synopsys Inc. | Sold out | 0.00% | −0.29 |
| FROG Jfrog Ltd. | Reduce -20.2% | 4.44% | −0.17 |
| CDNS Cadence Design SYS Inc. | Sold out | 0.00% | −0.14 |
| NXPI NXP Semiconductors NV | Reduce -1.0% | 0.83% | −0.13 |
| AAPL Apple Inc. | Reduce -5.9% | 0.42% | −0.04 |
| CFLT Confluent Inc. Class A | Reduce -28.3% | 4.23% | +0.01 |
| AMD Advanced Micro Devices | Reduce -12.6% | 7.23% | +0.40 |
Portfolio Buys Q3 2025 → Q4 2025
| CHYM Chime Financial Inc. Class A | Add +81.7% | 10.50% | +5.44 |
| RDDT Reddit Inc. Class A | New | 3.18% | +3.18 |
| NFLX Netflix Inc. | New | 2.89% | +2.89 |
| AMPL Amplitude Inc. Class A | New | 2.67% | +2.67 |
| AVGO Broadcom Inc. | Add +44.8% | 7.66% | +2.15 |
| AMKR Amkor Technology Inc. | New | 1.75% | +1.75 |
| TEAM Atlassian Corp. Class A | New | 1.58% | +1.58 |
| GOOGL Alphabet Inc. Class A | Add +9.8% | 6.48% | +1.47 |
| NVDA Nvidia Corp. | Add +22.9% | 9.76% | +1.07 |
| CEG Constellation Energy | Add +31.4% | 3.43% | +0.77 |
| AMZN Amazon.com Inc. | Add +38.9% | 2.47% | +0.62 |
| MKSI MKS Inc. | New | 0.48% | +0.48 |
| CLBT Cellebrite Di Ltd. | Add +37.7% | 1.37% | +0.25 |
| ADI Analog Devices Inc. | Add +50.0% | 0.42% | +0.14 |
| GTLB Gitlab Inc. Class A | Add +24.7% | 6.12% | −0.32 |
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 |