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LSCM
Light Street Capital Management Portfolio holdings
AUM
$903M
1-Year Est. Return
113.12%
This Fund
S&P 500
This Quarter
Est. Return
+68.53%
1 Year Est. Return
+113.12%
3 Year Est. Return
+377.35%
5 Year Est. Return
+361.17%
10 Year Est. Return
+6,155.11%
AUM
$2.4B
AUM Growth
+$502M
(+26%)
Cap. Flow
-$711M
Cap. Flow
% of AUM
-29.58%
Top 10 Holdings %
Top 10 Hldgs %
48.14%
Holding
56
New
11
Increased
8
Reduced
20
Closed
16
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
Etsy
ETSY
|
+$53.7M |
| 2 |
NCR Voyix
VYX
|
+$49.6M |
| 3 |
GRUB
Just Eat Takeaway.com N.V. American Depositary Shares
GRUB
|
+$44.5M |
| 4 |
StoneCo
STNE
|
+$38.8M |
| 5 |
Mercado Libre
MELI
|
+$35.4M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Wayfair
W
|
+$141M |
| 2 |
WORK
Slack Technologies, Inc.
WORK
|
+$101M |
| 3 |
Amazon
AMZN
|
+$80.1M |
| 4 |
Sea Limited
SE
|
+$60.4M |
| 5 |
Lyft
LYFT
|
+$57M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 39.73% |
| 2 | Consumer Discretionary | 25.57% |
| 3 | Miscellaneous | 15.45% |
| 4 | Communication Services | 10.29% |
| 5 | Financials | 4.69% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
26
TAL Education Group
TAL
$6.62B
| $43.5M | 1.81% |
635,500
+199,100
| +46% | +$11.4M |
|
|
27
Wayfair
W
$14.1B
| $41.7M | 1.74% |
211,100
-945,198
| -82% | -$141M |
|
|
SMAR
28
DELISTED
Smartsheet Inc.
SMAR
| $40.4M | 1.68% |
793,644
-351,118
| -31% | -$17.9M |
|
29
Zoom
ZM
$26.8B
| $40.2M | 1.67% |
+158,600
| New | +$28.5M |
|
30
Live Nation Entertainment
LYV
$39.9B
| $37.4M | 1.56% |
844,332
+114,589
| +16% | +$5.02M |
|
31
FIVE9
FIVN
$2.55B
| $37.3M | 1.55% |
336,974
-279,026
| -45% | -$27.2M |
|
32
Microsoft
MSFT
$3.64T
| $33.8M | 1.41% |
166,100
-119,800
| -42% | -$21.7M |
|
|
LX
33
LexinFintech Holdings
LX
$132M
| $30.7M | 1.28% |
+2,884,534
| New | +$25.7M |
|
34
Accel Entertainment
ACEL
$935M
| $27.4M | 1.14% |
+2,843,468
| New | +$26M |
|
35
Chewy
CHWY
$8.4B
| $22.1M | 0.92% |
+493,500
| New | +$21.5M |
|
|
WORK
36
DELISTED
Slack Technologies, Inc.
WORK
| $21.9M | 0.91% |
705,495
-3,373,458
| -83% | -$101M |
|
37
Qfin Holdings
QFIN
$995M
| $17M | 0.71% |
+1,591,483
| New | +$14.5M |
|
|
38
Lyft
LYFT
$5.94B
| $9.94M | 0.41% |
301,214
-1,802,110
| -86% | -$57M |
|
39
Uber
UBER
$145B
| $4.35M | 0.18% |
139,846
-1,813,300
| -93% | -$56.5M |
|
40
Pinterest
PINS
$10.6B
| $1.82M | 0.08% |
81,940
| – | – |
|
41
Carnival Corporation Ltd
CCL
$30.6B
| – | – |
-1,923,170
| Closed | -$25.3M |
|
42
GoDaddy
GDDY
$12.5B
| – | – |
-704,700
| Closed | -$40.2M |
|
43
Gilead Sciences
GILD
$183B
| – | – |
-698,600
| Closed | -$52.2M |
|
44
Mastercard
MA
$497B
| – | – |
-5,900
| Closed | -$1.43M |
|
45
Norwegian Cruise Line
NCLH
$6.67B
| – | – |
-2,827,700
| Closed | -$31M |
|
46
Royal Caribbean
RCL
$67.9B
| – | – |
-897,400
| Closed | -$28.9M |
|
47
Regeneron Pharmaceuticals
REGN
$79.7B
| – | – |
-52,100
| Closed | -$25.4M |
|
48
RingCentral
RNG
$6.14B
| – | – |
-170,095
| Closed | -$36M |
|
|
SY
49
So-Young International
SY
$283M
| – | – |
-1,823,301
| Closed | -$18.7M |
|
50
Tesla
TSLA
$1.41T
| – | – |
-1,017,450
| Closed | -$35.5M |
|
Similar funds
BCA
RFM
SWM
TFM
PI
SC
SG
NCM
Light Street Capital Management's Q2 2020 Portfolio in Review
As of Q2 2020, Light Street Capital Management held 56 positions worth $2.4B, up 26% from $1.9B the previous quarter. Its ten largest holdings account for 48% of the portfolio.
Light Street Capital Management withdrew a net $711M in Q2 2020, closing 16 positions and reducing 20 holdings. Its most notable exit was Gilead Sciences, an estimated $52.2M position sold in full.
By sector, the portfolio is most concentrated in Technology at 40% of assets, down from 50% a quarter earlier, followed by Consumer Discretionary and Miscellaneous.
Against the trend, Light Street Capital Management opened a new position in Etsy worth $77.1M.
- Light Street Capital Management's largest Q2 2020 buy was Etsy: 725,600 shares worth $77.1M.
- Light Street Capital Management added most to NCR Voyix in Q2 2020, an estimated $49.6M increase.
- Light Street Capital Management's biggest Q2 2020 reduction was Wayfair, cutting an estimated $141M.
- Light Street Capital Management fully exited Gilead Sciences in Q2 2020, selling an estimated $52.2M.
- Light Street Capital Management's ten largest holdings make up 48% of its $2.4B portfolio in Q2 2020.
- Light Street Capital Management opened 11 new positions and closed 16 in Q2 2020.
- Light Street Capital Management's portfolio value rose 26% quarter-over-quarter to $2.4B.
Based on Light Street Capital Management's 13F filing for Q2 2020, filed 14 Aug 2020.