Funds · 13F filer · Menlo Park, CA

Lightspeed Management Company, L.l.c.

$2.4B in 8 U.S. stocks and ETFs at the end of June 30, 2026, as reported to the SEC.1

1y return+32.3%S&P 500 +20.9%

These returns are for its stock picks as disclosed on Form 13F: last quarter's holdings, valued at this quarter's prices. They miss trades within each quarter, short positions, options, bonds, cash and fees, so they aren't the returns its clients got.

$100 invested in its stock picks

Since December 31, 2024: $139 against $127 in the S&P 500.2

Lightspeed Management Company, L.l.c.S&P 500 (SPY)
$87$100$13920242026

Top holdings

At the end of June 30, 2026. Change is in shares since the quarter before.2

StockValueShare of portfolioChange
SPCXSpace Exploration Techn Corp$1.2B51.9%New
NAVNNavan Inc$953.6M39.7%−16.5%
PSNLPersonalis Inc$81.8M3.4%−25.2%
ODTXOdyssey Therapeutics Inc$67.5M2.8%New
KDKKodiak Ai Inc.$37.3M1.6%
OLMAOlema Pharmaceuticals Inc$17.0M0.7%
Diginex LtdCUSIP G28687112$261K0.0%New
FIGFigma Inc$188K0.0%−94.3%

Best picks still held

How each current holding has done since the quarter it first appeared in its filings (up to six years back).

StockHeld sinceReturn sinceNow worth
PSNLPersonalis IncDecember 31, 2024+131.8%$81.8M
OLMAOlema Pharmaceuticals IncDecember 31, 2024+114.6%$17.0M
NAVNNavan IncDecember 31, 2025+33.9%$953.6M
KDKKodiak Ai Inc.September 30, 2025−25.7%$37.3M
FIGFigma IncSeptember 30, 2025−65.1%$188K

Sold off last quarter

  • NOWServicenow Inc was $160.0M
  • BLNDBlend Labs Inc was $39.3M
  • Diginex LtdCUSIP G28687104 was $678K

Quarter by quarter

QuarterIts picksS&P 500
June 30, 2026+51.9%+14.8%
March 31, 2026−26.8%−4.6%
December 31, 2025+1.3%+2.4%
September 30, 2025+17.4%+7.8%
June 30, 2025+20.0%+10.5%
March 31, 2025−12.7%−4.6%

Sources

Every number on this page points here. Each one links to the public record.

  1. 1
    CIK 1702122
  2. 2
    Filed August 14, 2026 · accession 0001702122-26-000010