Light Street Capital Management, LLC
Light Street Capital Management, LLC is an investment advisory firm based in Palo Alto, California, founded in 2010 by Glen Kacher. The firm predominantly manages hedge funds and investment partnerships, specializing in technology and growth equities. They serve institutional investors and clients seeking exposure to innovative public and private technology companies, with an employee count of about 14 as of 2025.
Investment Strategy
Light Street Capital Management primarily focuses on long/short and long-only equity strategies, investing globally but with an emphasis on the technology sector. The firm takes a research-driven approach to identify high-growth public and private companies, seeking to generate alpha through deep fundamental analysis and close engagement with portfolio companies. The strategy relies on expertise in technology and innovative industries, aiming for superior risk-adjusted returns.
Latest 13F Filing Activity
Light Street Capital Management, LLC filed their most recent 13F report on Jun 30, 2025 disclosing 26 equity positions with a total 13F market value of $490M. The fund increased holdings in Taiwan Semiconductor MFG LTD, Celestica Inc., Chime Finl Inc. among other positions. Light Street Capital Management, LLC reduced exposure to Reddit Inc., Ncino Inc., Blackline Inc. among others.
Top Holdings
Equity Positions (26)
| Ticker | Security | Weight | Market Value | Shares | Avg Cost | Price | Change (QoQ) |
|---|---|---|---|---|---|---|---|
T TSM | TAIWAN SEMICONDUCTOR MFG LTD | 16.60% | $81.3M | 358,757 | $126.63 | $226.49 | +$28.2M |
N NVDA | NVIDIA CORPORATION | 11.38% | $55.7M | 352,582 | $31.17 | $157.99 | +$20.8M |
A AMD | ADVANCED MICRO DEVICES INC | 8.49% | $41.5M | 292,788 | $119.41 | $141.90 | +$15.3M |
A AVGO | BROADCOM INC | 6.90% | $33.8M | 122,471 | $107.10 | $275.65 | +$13.3M |
B BILL | BILL HOLDINGS INC | 6.05% | $29.6M | 639,820 | $50.82 | $46.26 | -$808.8K |
Industry Allocation
Investment Team (4)
| Name | Role | Location | |
|---|---|---|---|
G Gaurav Gupta | Partner | San Jose, CA , United States | |
 | Partner | San Francisco, CA , United States | |
 | Analyst | San Francisco, CA , United States | |
 | Partner | San Francisco, CA , United States |