LIGHT STREET CAPITAL MANAGEMENT, LLC Quant / Systematic

CIK: 0001569049 · Show all filings

Period: Q4 2025 (← Previous)

Filing Date: Feb 17, 2026

Total Value ($000): $649,795 (100.0% shares, 0.0% debt)

Holdings (24)

New Positions (6)

RDDT REDDIT INC 3.2%

Value ($000) $20,688 Shares 90,000 Est. Cost $210.30 Unrealized 0.0%

NFLX NETFLIX INC 2.9%

Value ($000) $18,752 Shares 200,000 Est. Cost $107.81 Unrealized 0.0%

AMPL AMPLITUDE INC 2.7%

Value ($000) $17,370 Shares 1,500,000 Est. Cost $10.52 Unrealized 0.0%

AMKR AMKOR TECHNOLOGY INC 1.7%

Value ($000) $11,366 Shares 287,895 Est. Cost $35.54 Unrealized 0.0%

TEAM ATLASSIAN CORPORATION 1.6%

Value ($000) $10,259 Shares 63,272 Est. Cost $156.92 Unrealized 0.0%

MKSI MKS INC. 0.5%

Value ($000) $3,129 Shares 19,582 Est. Cost $148.21 Unrealized 0.0%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
RDDT	REDDIT INC	90,000	$20,688	3.2%	$210.30	0.0%	CL A	75734B100
NFLX	NETFLIX INC	200,000	$18,752	2.9%	$107.81	0.0%	COM	64110L106
AMPL	AMPLITUDE INC	1,500,000	$17,370	2.7%	$10.52	0.0%	COM CL A	03213A104
AMKR	AMKOR TECHNOLOGY INC	287,895	$11,366	1.7%	$35.54	0.0%	COM	031652100
TEAM	ATLASSIAN CORPORATION	63,272	$10,259	1.6%	$156.92	0.0%	CL A	049468101
MKSI	MKS INC.	19,582	$3,129	0.5%	$148.21	0.0%	COM	55306N104

Increased Positions (9)

CHYM CHIME FINL INC 10.5%

Value ($000) $68,218 (+126.7%) Shares 2,710,289 (+81.7%) Est. Cost $26.35 Unrealized -19.4%

AVGO BROADCOM INC 7.7%

Value ($000) $49,762 (+51.9%) Shares 143,779 (+44.8%) Est. Cost $225.65 Unrealized +58.2%

GOOGL ALPHABET INC 6.5%

Value ($000) $42,099 (+41.4%) Shares 134,500 (+9.8%) Est. Cost $216.01 Unrealized +32.2%

NVDA NVIDIA CORPORATION 9.8%

Value ($000) $63,410 (+22.8%) Shares 340,000 (+22.9%) Est. Cost $110.33 Unrealized +68.7%

CEG CONSTELLATION ENERGY CORP 3.4%

Value ($000) $22,279 (+41.1%) Shares 63,065 (+31.5%) Est. Cost $327.96 Unrealized +10.7%

AMZN AMAZON COM INC 2.5%

Value ($000) $16,042 (+46.0%) Shares 69,500 (+38.9%) Est. Cost $155.61 Unrealized +47.0%

CLBT CELLEBRITE DI LTD 1.4%

Value ($000) $8,884 (+34.0%) Shares 492,755 (+37.7%) Est. Cost $13.64 Unrealized +31.6%

GTLB GITLAB INC 6.1%

Value ($000) $39,782 (+3.8%) Shares 1,060,000 (+24.7%) Est. Cost $47.37 Unrealized -8.6%

ADI ANALOG DEVICES INC 0.4%

Value ($000) $2,753 (+65.6%) Shares 10,152 (+50.0%) Est. Cost $223.16 Unrealized +12.3%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
CHYM	CHIME FINL INC	2,710,289 (+81.7%)	$68,218 (+126.7%)	10.5%	$26.35	-19.4%	COM SHS CL A	16935C109
AVGO	BROADCOM INC	143,779 (+44.8%)	$49,762 (+51.9%)	7.7%	$225.65	+58.2%	COM	11135F101
GOOGL	ALPHABET INC	134,500 (+9.8%)	$42,099 (+41.4%)	6.5%	$216.01	+32.2%	CAP STK CL A	02079K305
NVDA	NVIDIA CORPORATION	340,000 (+22.9%)	$63,410 (+22.8%)	9.8%	$110.33	+68.7%	COM	67066G104
CEG	CONSTELLATION ENERGY CORP	63,065 (+31.5%)	$22,279 (+41.1%)	3.4%	$327.96	+10.7%	COM	21037T109
AMZN	AMAZON COM INC	69,500 (+38.9%)	$16,042 (+46.0%)	2.5%	$155.61	+47.0%	COM	023135106
CLBT	CELLEBRITE DI LTD	492,755 (+37.7%)	$8,884 (+34.0%)	1.4%	$13.64	+31.6%	ORDINARY SHARES	M2197Q107
GTLB	GITLAB INC	1,060,000 (+24.7%)	$39,782 (+3.8%)	6.1%	$47.37	-8.6%	CLASS A COM	37637K108
ADI	ANALOG DEVICES INC	10,152 (+50.0%)	$2,753 (+65.6%)	0.4%	$223.16	+12.3%	COM	032654105

Exited Positions (9)

DDOG DATADOG INC 4.5%

Value ($000) $29,477 Shares 207,000 Est. Cost $137.70 Unrealized +14.8%

SNOW SNOWFLAKE INC 3.4%

Value ($000) $22,329 Shares 99,000 Est. Cost $214.74 Unrealized +13.7%

MDB MONGODB INC 3.3%

Value ($000) $21,261 Shares 68,500 Est. Cost $257.06 Unrealized +41.5%

BABA ALIBABA GROUP HLDG LTD 2.9%

Value ($000) $18,767 Shares 105,000 Est. Cost $178.73 Unrealized —

SE SEA LTD 1.9%

Value ($000) $12,387 Shares 69,303 Est. Cost $159.94 Unrealized —

APPF APPFOLIO INC 0.8%

Value ($000) $5,513 Shares 20,000 Est. Cost $270.12 Unrealized -12.0%

MNDY MONDAY COM LTD 0.6%

Value ($000) $3,843 Shares 19,843 Est. Cost $230.24 Unrealized -26.9%

SNPS SYNOPSYS INC 0.3%

Value ($000) $1,727 Shares 3,500 Est. Cost $490.37 Unrealized -9.4%

CDNS CADENCE DESIGN SYSTEM INC 0.1%

Value ($000) $847 Shares 2,412 Est. Cost $279.75 Unrealized +16.6%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
DDOG	DATADOG INC	207,000	$29,477	4.5%	$137.70	+14.8%	—	23804L103
SNOW	SNOWFLAKE INC	99,000	$22,329	3.4%	$214.74	+13.7%	—	833445109
MDB	MONGODB INC	68,500	$21,261	3.3%	$257.06	+41.5%	—	60937P106
BABA	ALIBABA GROUP HLDG LTD	105,000	$18,767	2.9%	$178.73	—	—	01609W102
SE	SEA LTD	69,303	$12,387	1.9%	$159.94	—	—	81141R100
APPF	APPFOLIO INC	20,000	$5,513	0.8%	$270.12	-12.0%	—	03783C100
MNDY	MONDAY COM LTD	19,843	$3,843	0.6%	$230.24	-26.9%	—	M7S64H106
SNPS	SYNOPSYS INC	3,500	$1,727	0.3%	$490.37	-9.4%	—	871607107
CDNS	CADENCE DESIGN SYSTEM INC	2,412	$847	0.1%	$279.75	+16.6%	—	127387108

Decreased Positions (9)

GDS GDS HLDGS LTD 0.4%

Value ($000) $2,278 (-75.9%) Shares 65,272 (-73.3%) Est. Cost $30.57 Unrealized —

AMD ADVANCED MICRO DEVICES INC 7.2%

Value ($000) $47,005 (+15.7%) Shares 219,487 (-12.6%) Est. Cost $111.62 Unrealized +101.2%

ASML ASML HOLDING N V 1.8%

Value ($000) $11,756 (-34.3%) Shares 10,988 (-40.6%) Est. Cost $882.09 Unrealized —

BILL BILL HOLDINGS INC 7.4%

Value ($000) $47,886 (-6.1%) Shares 878,000 (-8.8%) Est. Cost $60.77 Unrealized -15.5%

CFLT CONFLUENT INC 4.2%

Value ($000) $27,518 (+9.6%) Shares 910,000 (-28.3%) Est. Cost $20.91 Unrealized +17.4%

FROG JFROG LTD 4.4%

Value ($000) $28,857 (+5.3%) Shares 462,000 (-20.2%) Est. Cost $26.89 Unrealized +111.4%

TSM TAIWAN SEMICONDUCTOR MFG LTD 12.6%

Value ($000) $81,562 (+1.0%) Shares 268,392 (-7.2%) Est. Cost $125.21 Unrealized —

NXPI NXP SEMICONDUCTORS N V 0.8%

Value ($000) $5,411 (-5.6%) Shares 24,927 (-1.0%) Est. Cost $211.35 Unrealized +1.1%

AAPL APPLE INC 0.4%

Value ($000) $2,729 (+0.5%) Shares 10,039 (-5.9%) Est. Cost $197.10 Unrealized +36.1%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
GDS	GDS HLDGS LTD	65,272 (-73.3%)	$2,278 (-75.9%)	0.4%	$30.57	—	SPONSORED ADS	36165L108
AMD	ADVANCED MICRO DEVICES INC	219,487 (-12.6%)	$47,005 (+15.7%)	7.2%	$111.62	+101.2%	COM	007903107
ASML	ASML HOLDING N V	10,988 (-40.6%)	$11,756 (-34.3%)	1.8%	$882.09	—	N Y REGISTRY SHS	N07059210
BILL	BILL HOLDINGS INC	878,000 (-8.8%)	$47,886 (-6.1%)	7.4%	$60.77	-15.5%	COM	090043100
CFLT	CONFLUENT INC	910,000 (-28.3%)	$27,518 (+9.6%)	4.2%	$20.91	+17.4%	CLASS A COM	20717M103
FROG	JFROG LTD	462,000 (-20.2%)	$28,857 (+5.3%)	4.4%	$26.89	+111.4%	ORD SHS	M6191J100
TSM	TAIWAN SEMICONDUCTOR MFG LTD	268,392 (-7.2%)	$81,562 (+1.0%)	12.6%	$125.21	—	SPONSORED ADS	874039100
NXPI	NXP SEMICONDUCTORS N V	24,927 (-1.0%)	$5,411 (-5.6%)	0.8%	$211.35	+1.1%	COM	N6596X109
AAPL	APPLE INC	10,039 (-5.9%)	$2,729 (+0.5%)	0.4%	$197.10	+36.1%	COM	037833100