Light Street Capital Management Portfolio holdings
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
Alphabet (Google) Class A
GOOGL
|
+$19.9M |
| 2 |
Netflix
NFLX
|
+$15.9M |
| 3 |
Amazon
AMZN
|
+$12.9M |
| 4 |
Palo Alto Networks
PANW
|
+$8.99M |
| 5 |
Amplitude
AMPL
|
+$7.61M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Sea Limited
SE
|
+$24.6M |
| 2 |
Twilio
TWLO
|
+$22.3M |
| 3 |
Mercado Libre
MELI
|
+$19.5M |
| 4 |
Advanced Micro Devices
AMD
|
+$18.7M |
| 5 |
CrowdStrike
CRWD
|
+$13.6M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 69.67% |
| 2 | Communication Services | 18.18% |
| 3 | Consumer Discretionary | 11.38% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
26
Mercado Libre
MELI
$92.5B
| – | – |
-14,777
| Closed | -$19.5M |
|
|
27
Sea Limited
SE
$70.3B
| – | – |
-284,263
| Closed | -$24.6M |
|
|
28
Twilio
TWLO
$38B
| – | – |
-335,431
| Closed | -$22.3M |
|
|
SPLK
29
DELISTED
Splunk Inc
SPLK
| – | – |
-111,216
| Closed | -$10.7M |
|
Similar funds
Light Street Capital Management's Q2 2023 Portfolio in Review
As of Q2 2023, Light Street Capital Management held 29 positions worth $377M, down 8% from $410M the previous quarter. Its ten largest holdings account for 71% of the portfolio.
Light Street Capital Management withdrew a net $99.4M in Q2 2023, closing 8 positions and reducing 9 holdings. Its most notable exit was Sea Limited, an estimated $24.6M position sold in full.
By sector, the portfolio is most concentrated in Technology at 70% of assets, down from 74% a quarter earlier, followed by Communication Services and Consumer Discretionary.
Against the trend, Light Street Capital Management opened a new position in Alphabet (Google) Class A worth $20.7M.
- Light Street Capital Management's largest Q2 2023 buy was Alphabet (Google) Class A: 172,798 shares worth $20.7M.
- Light Street Capital Management added most to Meta Platforms (Facebook) in Q2 2023, an estimated $5.44M increase.
- Light Street Capital Management's biggest Q2 2023 reduction was Advanced Micro Devices, cutting an estimated $18.7M.
- Light Street Capital Management fully exited Sea Limited in Q2 2023, selling an estimated $24.6M.
- Light Street Capital Management's ten largest holdings make up 71% of its $377M portfolio in Q2 2023.
- Light Street Capital Management opened 6 new positions and closed 8 in Q2 2023.
- Light Street Capital Management's portfolio value fell 8% quarter-over-quarter to $377M.
Based on Light Street Capital Management's 13F filing for Q2 2023, filed 14 Aug 2023.