---
name: Copy Light Street Capital
kind: hedgecopy-fund
cik: 0001569049
latest_13f_period: 2026-06-30
latest_13f_filed: 2026-08-14
author: HedgeCopy
---

# Copy Light Street Capital (13F follow-the-filing)

Light Street Capital files a 13F-HR with the SEC each quarter (CIK 0001569049). This skill describes a
long-only copy portfolio built from that filing, bought the trading day after it is filed.

## Track record (estimated from 13F holdings, net of 10 bps per unit of turnover)
- Annualised return copying the filings, last 3 years (headline): +46.9% vs SPY +22.9% (alpha +24.0%/yr)
- Annualised since the series started (2022-08-19 to 2026-10-09): +29.1% vs SPY +17.3%
- Follow-the-filing TTM: +27.0% vs SPY +16.2% (alpha +10.7%)
- Quarters of history: 17; average coverage 88%; flags: none

## Latest disclosed top holdings (2026-06-30)
| # | Ticker | Issuer | Weight |
|---|---|---|---|
| 1 | TSM | TAIWAN SEMICONDUCTOR MANUFAC | 12.7% |
| 2 | AMD | ADVANCED MICRO DEVICES INC | 7.5% |
| 3 | ALAB | ASTERA LABS INC | 7.1% |
| 4 | GTLB | GITLAB INC | 7.0% |
| 5 | AVGO | BROADCOM INC | 6.8% |
| 6 | AMKR | AMKOR TECHNOLOGY INC | 6.0% |
| 7 | — | JFROG LTD | 5.5% |
| 8 | MKSI | MKS INC. | 5.4% |
| 9 | CHYM | CHIME FINL INC | 5.3% |
| 10 | CPNG | COUPANG INC | 4.1% |
| 11 | TOST | TOAST INC | 3.8% |
| 12 | RDDT | REDDIT INC | 3.7% |
| 13 | NVDA | NVIDIA CORPORATION | 3.2% |
| 14 | BE | BLOOM ENERGY CORP | 3.0% |
| 15 | — | ASML HLDG NV | 2.6% |
| 16 | MELI | MERCADOLIBRE INC | 2.5% |
| 17 | — | CELLEBRITE DI LTD | 2.3% |
| 18 | SNOW | SNOWFLAKE INC | 2.1% |
| 19 | MDB | MONGODB INC | 2.0% |
| 20 | GOOGL | ALPHABET INC | 1.8% |

## About the fund

Light Street Capital Management is a technology-focused investment firm based in Palo Alto, California, founded in 2010 by Glen Kacher. The firm manages hedge funds and long-only funds that invest in public equity markets, alongside private growth funds, with a primary focus on disruptive technology and the semiconductor supply chain.

- Strategy: Technology-focused long/short equity and crossover investing
- Type: Long/short equity, Long-only, Tech-focused
- Founders: Glen Kacher
- Key people: Glen Kacher (CIO, Founder); Robert Wenzell (Chief Financial Officer); George Lynch (Chief Operating Officer); Christopher Crawford (Partner); Kevin Sullivan (Partner); Theo J. Robins (Chief Compliance Officer)
- Founded 2010 · HQ Palo Alto, United States
- Reported AUM: $1.6bn (as of March 27, 2026)
- Website: https://www.lightstreet.com/

### Approach
Light Street employs a concentrated, actively managed portfolio strategy focused on disruptive technology businesses. The firm utilizes a thematic framework that currently emphasizes five areas: infrastructure, cloud service platforms, data platforms, application and distribution, and automation, robotics, and space. By operating from Silicon Valley, the firm seeks to gain early access to technological shifts through direct engagement with entrepreneurs and venture capitalists.

### History
Founded in 2010 by Glen Kacher, a former Tiger Management analyst, the firm initially focused on themes like mobile, social, cloud computing, and e-commerce. Over the past 15 years, it has evolved its investment framework, recently redesigning its strategy to focus on a new thematic framework centered on the AI supercycle. The firm has also expanded into private growth investing through its Beacon fund series.

### Notable positions / campaigns
- Taiwan Semiconductor Manufacturing (TSM) (2026): Largest long position as of Q2 2026.
- Nvidia (2026): Core holding in the firm's AI-infrastructure focus.
- Advanced Micro Devices (AMD) (2026): Core holding in the firm's AI-infrastructure focus.
- Broadcom Inc. (2026): Core holding in the firm's AI-infrastructure focus.
- GitLab Inc. (2026): Significant position in the firm's portfolio.

_Profile generated 2026-10-09 from public sources; may be incomplete or out of date._

## Rules
- Hold the top 20 long US-equity positions from the latest 13F-HR, weighted as reported.
- Rebalance on the first trading day after each new 13F-HR is filed. Cash only, paper only.

## Parameters
```json
{
  "params": {
    "funds": [
      "0001569049"
    ],
    "top_n": 20,
    "weighting": "13f",
    "rebalance": "filing_plus_1",
    "budget_usd": 10000,
    "stop_loss_pct": null,
    "cash_only": true
  }
}
```

> Estimated from 13F holdings (long US equities only; no shorts, options, cash or fees). Past performance is not a guide to the future. Not investment advice. Paper trading only.