Light Street Capital Management

Quarters on file

Each quarter on file, back to June 2016 when the filing exists. Net bought is the share change from the previous quarter at that quarter’s close. A split that leaves the dollar value in place counts as flat.

• Q2 20269 names$251M+$44.0M
• Q1 20268 names$143M−$21.1M
• Q4 20257 names$221M−$32.3M
• Q3 202512 names$238M+$110M
• Q2 20259 names$133M+$12.7M
• Q1 20258 names$113M+$30.3M
• Q4 202410 names$119M−$15.1M
• Q3 20247 names$119M+$18.8M
• Q2 20248 names$101M−$4.3M
• Q1 20249 names$120MFlat
• Q4 20239 names$111M−$55.3M
• Q3 202310 names$150M+$1.2M
• Q2 20239 names$155M−$39.7M
• Q1 20239 names$168M+$1.9M
• Q4 202212 names$148M−$25.5M
• Q3 202211 names$187M−$59.0M
• Q2 202212 names$281M−$141M
• Q1 202214 names$594M+$147M
• Q4 202113 names$570M−$149M
• Q3 202118 names$784M+$16.1M
• Q2 202121 names$787M+$314M
• Q1 20219 names$384M−$889M
• Q4 202012 names$1.3B−$91.4M
• Q3 202013 names$933M+$413M
• Q2 20209 names$420M−$166M
• Q1 202011 names$488M+$37.2M
• Q4 20199 names$512M+$176M
• Q3 20196 names$308M−$3.7M
• Q2 20197 names$382M+$16.8M
• Q1 20197 names$379M−$6.7M
• Q4 20187 names$285M+$95.1M
• Q3 20184 names$209M−$42.7M
• Q2 20185 names$235M−$87.4M
• Q1 20189 names$342M+$152M
• Q4 20175 names$140M−$73.4M
• Q3 20175 names$211M+$9.2M
• Q2 20174 names$177M−$52.7M
• Q1 20177 names$204M+$26.0M
• Q4 20165 names$161M+$51.9M
• Q3 20163 names$106M−$16.0M
• Q2 20163 names$99.6M—

What moved the book

The five software lines with the largest share change this quarter.

• Palo Alto NetworksPANW−$71.2M$15.5M
• TwilioTWLO+$57.8M$59.9M
• SalesforceCRM+$53.0M$46.8M
• OktaOKTA+$45.0M$40.8M
• MongoDBMDB+$41.9M$43.0M

Software held

• MicrosoftMSFT622,000 shares · 22.2% of their software · price −$8.0M$63.2M+$5.6M
• TwilioTWLO670,330 shares · 21.0% of their software · price +$2.0M$59.9MNew · +$57.8M
• SalesforceCRM341,400 shares · 16.4% of their software · price −$7.5M$46.8M+$53.0M
• MongoDBMDB513,550 shares · 15.1% of their software · price +$1.1M$43.0MNew · +$41.9M
• OktaOKTA640,252 shares · 14.3% of their software · price −$4.2M$40.8MNew · +$45.0M
• StoneCo Ltd.STNE849,173 shares · 5.5% of their software$15.7MNew · +$15.7M
• Palo Alto NetworksPANW82,300 shares · 5.4% of their software · price −$3.0M$15.5M−$71.2M