Hedge Fund · CIK 0001569049

Glen Kacher

Light Street Capital
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Glen Kacher runs Light Street Capital, a hedge fund overseeing $649.8M in disclosed equity holdings (SEC CIK 0001569049). The latest 13F filing (2025Q4) discloses 24 positions across 4 sectors, with the largest positions in TSM, CHYM and NVDA. On a mark-to-market basis the tracked portfolio has returned 48.6% over the past year. OpenStocks tracks 40 consecutive 13F filings for this manager — every position change, new entry, and exit is logged below.

Portfolio
$649.79M
Positions
24
Quarter
2025Q4
Filings tracked
40
1Y+48.6%3Y+66.5%5Y-63.7%Full performance →
1-Yearactual
+48.57%
since 2024Q4
3-Yearactual
+66.53%
since 2022Q4
5-Yearactual
-63.73%
since 2020Q4
10-Year
insufficient history

Performance overview

We mark Glen Kacher (Light Street Capital)'s disclosed 13F book to current market prices and compare its growth against the S&P 500 (SPY). Glen's portfolio is 48.6% over the last 12 months · 230.7% since 2016Q1.

Portfolio growth vs SPY
Rebased to 100 at 2016Q1 · through 2025Q4
Glen Kacher
+13.0%
SPY
-471222924616302016Q12020Q42025Q4
Portfolio line tracks reported 13F AUM (mark-to-market on filing dates). It includes inflows/outflows so it isn't a pure time-weighted return — same convention as Dataroma and StockCircle.
Capital flow per quarter
BuysSellsNet
+$710M+$355M$0-$355M-$710M'22Q1'22Q2'22Q3'22Q4'23Q1'23Q2'23Q3'23Q4'24Q1'24Q2'24Q3'24Q4'25Q1'25Q2'25Q3'25Q4
Latest · 2025Q4
-$2M
Lifetime buys
$2.30B
Lifetime sells
$2.91B
Portfolio over time
AUMPositions
$0$423M$845M$1.28B3820'22Q1'23Q4'25Q4
QoQ AUM
+9.3%
16Q lifetime AUM
-49.3%
QoQ positions
-3
16Q lifetime positions
-14
Position concentration
24 positions
Top 1
13%
of book