Light Street Capital Management Portfolio holdings
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
MOMO
Hello Group
MOMO
|
+$42.1M |
| 2 |
FTCH
Farfetch Limited Class A Ordinary Shares
FTCH
|
+$41.2M |
| 3 |
Madison Square Garden
MSGS
|
+$37.8M |
| 4 |
Take-Two Interactive
TTWO
|
+$33M |
| 5 |
Universal Display
OLED
|
+$25.3M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Alibaba
BABA
|
+$61.2M |
| 2 |
SFIX
Stitch Fix
SFIX
|
+$52.1M |
| 3 |
NVIDIA
NVDA
|
+$51.7M |
| 4 |
Match Group
MTCH
|
+$32.9M |
| 5 |
PagSeguro Digital
PAGS
|
+$32.6M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Communication Services | 31% |
| 2 | Technology | 23.63% |
| 3 | Miscellaneous | 21.92% |
| 4 | Consumer Discretionary | 20.74% |
| 5 | Industrials | 2.71% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
26
Meta Platforms (Facebook)
META
$1.72T
| – | – |
-139,012
| Closed | -$27M |
|
|
27
Match Group
MTCH
$10B
| – | – |
-850,000
| Closed | -$32.9M |
|
|
ZUO
28
DELISTED
Zuora, Inc.
ZUO
| – | – |
-40,000
| Closed | -$1.09M |
|
|
PS
29
DELISTED
Pluralsight, Inc. Class A Common Stock
PS
| – | – |
-485,646
| Closed | -$11.9M |
|
Similar funds
Light Street Capital Management's Q3 2018 Portfolio in Review
As of Q3 2018, Light Street Capital Management held 29 positions worth $1.47B, up 2.5% from $1.43B the previous quarter. Its ten largest holdings account for 77% of the portfolio.
Light Street Capital Management withdrew a net $129M in Q3 2018, closing 6 positions and reducing 6 holdings. Its most notable exit was Match Group, an estimated $32.9M position sold in full.
By sector, the portfolio is most concentrated in Communication Services at 31% of assets, up from 27% a quarter earlier, followed by Technology and Miscellaneous.
Against the trend, Light Street Capital Management opened a new position in Hello Group worth $42.2M.
- Light Street Capital Management's largest Q3 2018 buy was Hello Group: 962,837 shares worth $42.2M.
- Light Street Capital Management added most to Madison Square Garden in Q3 2018, an estimated $37.8M increase.
- Light Street Capital Management's biggest Q3 2018 reduction was Alibaba, cutting an estimated $61.2M.
- Light Street Capital Management fully exited Match Group in Q3 2018, selling an estimated $32.9M.
- Light Street Capital Management's ten largest holdings make up 77% of its $1.47B portfolio in Q3 2018.
- Light Street Capital Management opened 4 new positions and closed 6 in Q3 2018.
- Light Street Capital Management's portfolio value rose 2.5% quarter-over-quarter to $1.47B.
Based on Light Street Capital Management's 13F filing for Q3 2018, filed 14 Nov 2018.