Lightspeed Management Company, L.L.C.: NAVAN INC (NAVN): Quarterly 13F Position History
As of Q2 2026, Lightspeed Management Company, L.L.C. reported 41,698,258 shares of NAVAN INC (NAVN), worth $953.6M and representing 39.7% of its 13F equity book. Quarter-over-quarter share count change: 8,223,196 (-16.5%) . The position first appeared in Q4 2025 and has been disclosed across 3 13F-HR filings in Pactolio's tracked window.
- 41,698,258Shares Held (Latest Filing)
- $953.6MReported Market Value (Latest Filing)
- 39.7%Portfolio Weight (% of 13F Equity Book)
- 8,223,196Quarter-over-Quarter Share Change
- +$292.7MQuarter-over-Quarter Value Change
- 49,921,454Peak Reported Shares (Historical)
Quarterly 13F-HR Disclosure History Source: SEC 13F-HR filings, 3 quarter s
| Quarter | Shares | QoQ Share Change | Share Change (%) | Market Value | Weight | Implied Price |
|---|---|---|---|---|---|---|
| Q2 2026 | 41,698,258 | 8,223,196 | -16.5% | $953.6M | 39.7% | $22.9 |
| Q1 2026 | 49,921,454 | 0 | – | $661.0M | 66.9% | $13.2 |
| Q4 2025 | 49,921,454 | – | – | $852.7M | 61.1% | $17.1 |
Methodology & FAQ
How This Position History Is Sourced
Each row is one SEC Form 13F-HR filing disclosing this position. Share count, market value, and reported quarter are taken verbatim from the filing; portfolio weight is recomputed against the same filing's total reported equity book. Implied price-per-share is market value divided by shares, a quarter-end mark rather than the manager's cost basis. See the full methodology document for the normalization rules.
When did Lightspeed Management Company, L.L.C. first disclose a NAVN position in 13F-HR filings?
Lightspeed Management Company, L.L.C. first reported NAVAN INC (NAVN) on its 13F-HR filing for the period ending 2025-12-31 (Q4 2025). The position has appeared on 3 reported quarters within Pactolio's tracked window.
What was Lightspeed Management Company, L.L.C.'s most recent quarter-over-quarter share-count change in NAVN?
Between Q1 2026 and Q2 2026, Lightspeed Management Company, L.L.C. reduced its NAVN position by 8,223,196 shares (-16.5%), leaving 41,698,258 shares at a market value of $953.6M.
Does the implied price-per-share represent Lightspeed Management Company, L.L.C.'s cost basis in NAVN?
No. The implied price-per-share column is the 13F-HR reported market value divided by reported share count on the filing date (end of quarter). It is a quarter-end mark, not a cost basis or transaction price. Use it as a sanity check on the value column, not as an indicator of the manager's entry or exit price.