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Lightspeed Management Company, L.L.C. — 13F Holdings & Portfolio

CIK 1702122 · latest 13F-HR filed 2026-08-14

Backtest portfolio

Lightspeed Management Company, L.L.C. manages $2.40B in 13F-reported U.S. long-equity assets across 8 reported positions as of its 2026-06-30 13F-HR filing. Its largest disclosed positions are SPCX (51.86%), NAVN (39.65%), PSNL (3.40%). Quarter over quarter (versus its 2026-03-31 filing) the fund opened 3 new positions and exited 3; 2 existing positions rose in reported value and 3 fell.

AUM is the long-equity portion reported on Form 13F-HR. Excludes short positions, cash, foreign holdings, and non-13F assets. For informational purposes only — not investment advice.

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AUM
$2.40B

Long-equity book

Holdings
8

Distinct positions

Period
2026-06-30

Filed 2026-08-14

Q/Q Activity
+3 / −3 / ↑2 / ↓3

vs 2026-03-31

Portfolio charts

Latest quarter's book, what changed, and how the portfolio has evolved across filings.

Portfolio map

Q2 26
SPCX51.9% · newNAVN39.7% · -16%PSNL3.4% · -25%ODTX2.8% · newKDK1.6% · 0%OLMA0.7% · 0%DGNX0.0% · -88%FIG0.0% · -94%

Box size = position value; colour = change in share count vs the prior quarter (green added, red trimmed, blue new). Rows split across managers or share classes are combined. Click a box for the stock.

Sector mix

% of 13F value

Sectors from each company's SIC code; funds and ETFs grouped separately.

Biggest buys and sells

Q1 26 → Q2 26

Estimated from the change in shares held × the quarter-end price, so price moves alone don't count as buying. New and exited positions are included.

13F assets and positions

4 quarters

Total reported 13F value (bars) and number of positions (line) each quarter. Value changes include market moves.

Top positions over time

reported value

The eight largest current positions, valued at each quarter end.

Concentration

top 10 = 100%

Cumulative share of the portfolio held in the largest N positions.

Firm Profile & Key People

As of the firm’s regulatory filing dated May 6, 2026.

Assets Under Management
$50.01B
Discretionary
$47.32B
Employees
132
Accounts
51
Address
2200 SAND HILL ROAD
SUITE 100
MENLO PARK, CA 94025
Phone
(650) 234-8300
Website
Name Title / Status Ownership Type
ADAMS, JESSICA, ASHLEY ControlCHIEF COMPLIANCE OFFICER AND COUNSEL
since Jul 2024
Less than 5%Individual
CONNOR, RYAN, JONATHAN ControlCHIEF FINANCIAL OFFICER
since Mar 2025
Less than 5%Individual
EGGERS, BARRY, FRANCIS ControlMEMBER
since Aug 2005
10–25%Individual
HORTON, ROBERT, EUGENE ControlCHIEF OPERATING OFFICER
since Feb 2022
Less than 5%Individual
MHATRE, RAVI, BRIAN ControlMEMBER
since Aug 2005
10–25%Individual
NIEH, PETER, YAO-PING ControlMEMBER
since Aug 2005
10–25%Individual
NISSENBERG, BRETT, ANDREW ControlGENERAL COUNSEL
since May 2017
Less than 5%Individual
ROMANO, MICHAEL, ROBERT ControlCHIEF BUSINESS OFFICER
since Jan 2022
Less than 5%Individual
SOMAIA, BEJUL, PRADIP ControlMEMBER
since Jan 2025
5–10%Individual
SCHAEPE, CHRISTOPHER, JAMESMEMBER
since Aug 2005
10–25%Individual
Ownership & leadership changes · 4 filings with changes since Apr 2, 2012

From the firm’s regulatory filings, newest first. Dates are filing dates: a filing that no longer lists someone does not say when they left.

Mar 26, 2026 filing
  • ChangedADAMS, JESSICA, ASHLEY · title CHIEF COMPLIANCE OFFICER → CHIEF COMPLIANCE OFFICER AND COUNSEL
Mar 27, 2025 filing
  • No longer listedMOLEY, ANDREW, JOHN · CHIEF FINANCIAL OFFICER · Less than 5% · listed since Apr 2008
  • AddedADAMS, JESSICA, ASHLEY · CHIEF COMPLIANCE OFFICER · Less than 5% · control person
  • AddedCONNOR, RYAN, JONATHAN · CHIEF FINANCIAL OFFICER · Less than 5% · control person
  • AddedHORTON, ROBERT, EUGENE · CHIEF OPERATING OFFICER · Less than 5% · control person
  • AddedNISSENBERG, BRETT, ANDREW · GENERAL COUNSEL · Less than 5% · control person
  • AddedROMANO, MICHAEL, ROBERT · CHIEF BUSINESS OFFICER · Less than 5% · control person
  • AddedSOMAIA, BEJUL, PRADIP · MEMBER · 5–10% · control person
  • Listed againSCHAEPE, CHRISTOPHER, JAMES · MEMBER · 10–25%
  • ChangedEGGERS, BARRY, FRANCIS · title MANAGING MEMBER → MEMBER; ownership 25–50% → 10–25%
  • ChangedMHATRE, RAVI, BRIAN · title MANAGING MEMBER → MEMBER; ownership 25–50% → 10–25%
  • ChangedNIEH, PETER, YAO-PING · title MANAGING MEMBER → MEMBER; ownership 25–50% → 10–25%
Mar 29, 2021 filing
  • No longer listedBaga, David · CHIEF OPERATING OFFICER · Less than 5% · listed since Oct 2019
Mar 27, 2020 filing
  • No longer listedSCHAEPE, CHRISTOPHER, JAMES · MANAGING MEMBER · 25–50% · control person · listed since Aug 2005
  • AddedBaga, David · CHIEF OPERATING OFFICER · Less than 5%
Apr 2, 2012 filing (earliest on record)
  • ListedEGGERS, BARRY, FRANCIS · MANAGING MEMBER · 25–50% · control person
  • ListedMHATRE, RAVI, BRIAN · MANAGING MEMBER · 25–50% · control person
  • ListedMOLEY, ANDREW, JOHN · CHIEF FINANCIAL OFFICER · Less than 5%
  • ListedNIEH, PETER, YAO-PING · MANAGING MEMBER · 25–50% · control person
  • ListedSCHAEPE, CHRISTOPHER, JAMES · MANAGING MEMBER · 25–50% · control person

Quarter-over-quarter changes

Changes in reported position value vs the prior 13F, so price moves count too, not just shares bought or sold.

Top Adds (vs prior quarter)

Show all 2 →

Top Trims

Show all 3 →

New Positions

Show all 3 →

Exited Positions

Show all 3 →

Lightspeed Management Company, L.L.C. Holdings (2026-06-30)

Rows tagged Call or Put are options positions, not stock. Per SEC Form 13F-HR, Value shows the notional value of the underlying (shares covered × underlying price), not the option premium. Shares is the number of underlying shares covered (divide by 100 for contract count).

# Issuer Symbol CUSIP Value Weight Shares Type
1 SPACE EXPLORATION TECHN CORP SPCX 84615Q103 $1.25B 51.86% 7,300,055 SH
2 NAVAN INC NAVN 639193101 $953.6M 39.65% 41,698,258 SH
3 PERSONALIS INC PSNL 71535D106 $81.8M 3.40% 6,101,850 SH
4 ODYSSEY THERAPEUTICS INC ODTX 67613T104 $67.5M 2.81% 3,608,443 SH
5 KODIAK AI INC. KDK 500081104 $37.3M 1.55% 7,340,475 SH
6 OLEMA PHARMACEUTICALS INC OLMA 68062P106 $17.0M 0.71% 1,355,299 SH
7 DIGINEX LTD DGNX G28687112 $261.4K 0.01% 176,618 SH
8 FIGMA INC FIG 316841105 $188.0K 0.01% 10,391 SH
Filing History
Period Filed AUM Holdings Accession
2026-06-30 2026-08-14 $2.40B 8 0001702122-26-000010
2026-03-31 2026-05-15 $988.0M 8 0001702122-26-000006
2025-12-31 2026-02-17 $1.40B 7 0001702122-26-000003
2025-09-30 2025-11-14 $322.0M 6 0001702122-25-000005
Filer Information
Address
2200 SAND HILL ROAD, SUITE 100
MENLO PARK, CA 94025
Phone
(650) 234-8300
Filing Manager
LIGHTSPEED MANAGEMENT COMPANY, L.L.C.
MENLO PARK, CA
Signatory
Brett Nissenberg
Duly Authorized Signatory