Light Street Aggressively Overhauls Its Portfolio

The reeling Tiger Grandcub made significant changes to its largest holdings in the fourth quarter.

Glen Kacher (Victor J. Blue/Bloomberg)

Glen Kacher

(Victor J. Blue/Bloomberg)

Light Street Capital Management shook up its portfolio in a big way in the fourth quarter.

And who can blame them? The Tiger Grandcub led by Glen Kacher suffered a 54 percent loss in 2022, after losing 26 percent in 2021.

According to Light Street’s fourth-quarter 13F filing, made public Tuesday, the tech-driven long-short fund established four new large positions that immediately ranked among the firm’s nine largest common stock longs at year-end.

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