Q4 2025 · 13F-HR
Lightspeed Management Company, L.L.C.holdings as filed
Filed 2026-02-17 · accession 0001702122-26-000003
$1.40B
Reported value
7
Positions
2025-12-31
Period end
The Brief · Lightspeed Management Company, L.L.C. · Q4 2025
AI · grounded in 13F
Lightspeed Management Company, L.L.C. established a new position in NAVN valued at $852.7M. The fund also added NOW to its portfolio with a new investment of $273.2M. Offsetting these additions, the fund closed its entire position in BULL, reducing its exposure by $105.7M.
Holdings as filed
| CUSIP | Ticker | Issuer | Value | % port. | Shares | Class | Voting |
|---|---|---|---|---|---|---|---|
| 639193101 | NAVN | NAVAN INC | $852.7M | 61.1% | 49,921,454 | Common | SOLE |
| 81762P102 | NOW | SERVICENOW INC | $273.2M | 19.6% | 1,783,545 | Common | SOLE |
| 500081104 | KDK | KODIAK AI INC. | $80.2M | 5.74% | 7,340,475 | Common | SOLE |
| 09352U108 | BLND | BLEND LABS INC | $70.3M | 5.03% | 23,127,237 | Common | SOLE |
| 71535D106 | PSNL | PERSONALIS INC | $65.0M | 4.65% | 8,160,734 | Common | SOLE |
| 68062P106 | OLMA | OLEMA PHARMACEUTICALS INC | $48.3M | 3.46% | 1,930,894 | Common | SOLE |
| 316841105 | FIG | FIGMA INC | $6.9M | 0.49% | 183,511 | Common | SOLE |
Source: SEC EDGAR · raw 13F holdings as filed. The Class column shows the option type when reported (Put/Call) or Common when the issuer's equity is held directly. 13F discloses long positions only.