Light Street Capital Management Portfolio holdings

Light Street Capital Management's Q2 2015 Portfolio in Review

As of Q2 2015, Light Street Capital Management held 39 positions worth $723M, up 13% from $638M the previous quarter. Its ten largest holdings account for 60% of the portfolio.

Light Street Capital Management deployed $51.8M of net new capital in Q2 2015, opening 10 new positions and adding to 10 existing holdings. Its largest new stake was Trip.com Group: 700,000 shares worth $25.4M.

By sector, the portfolio is most concentrated in Communication Services at 30% of assets, down from 37% a quarter earlier, followed by Technology and Consumer Discretionary.

On the sell side, the largest reduction was Apple, an estimated $21.8M trimmed.

• Light Street Capital Management's largest Q2 2015 buy was Trip.com Group: 700,000 shares worth $25.4M.
• Light Street Capital Management added most to JD.com in Q2 2015, an estimated $27.7M increase.
• Light Street Capital Management's biggest Q2 2015 reduction was Apple, cutting an estimated $21.8M.
• Light Street Capital Management fully exited Madison Square Garden in Q2 2015, selling an estimated $35.4M.
• Light Street Capital Management's ten largest holdings make up 60% of its $723M portfolio in Q2 2015.
• Light Street Capital Management opened 10 new positions and closed 6 in Q2 2015.
• Light Street Capital Management's portfolio value rose 13% quarter-over-quarter to $723M.

Based on Light Street Capital Management's 13F filing for Q2 2015, filed 14 Aug 2015.