Stephen Mandel - Lone Pine Capital 13F Activity & Position Changes (Q1 2020)
According to the SEC 13F filed on Aug 14, 2026, the Lone Pine Capital portfolio showed several notable changes in holdings as of quarter-end Mar 31, 2020. The activity included new positions, additions to existing holdings, reductions, and complete exits, providing a clear view of how the portfolio evolved during the quarter.
During Q1 2020, the filing reported:
New Buys - Cadence Design Systems, Inc., Dayforce, Inc., Hilton Worldwide Holdings Inc., Live Nation Entertainment, Inc., Under Armour, Inc., and 1 more
Increases - Autodesk, Inc., Amazon.com, Inc., Alibaba Group Holding Limited, Carvana Co., Global Payments Inc., and 7 more
Reductions - Adobe Inc., Chewy, Inc., Equifax, Inc., Mastercard Incorporated, Netflix, Inc., and 5 more
Complete Exits - Salesforce, Inc., CSX Corporation, Domino's Pizza Inc, DexCom, Inc., Herbalife, and 7 more
These updates highlight how the portfolio adjusted across different sectors and market conditions, offering insights into allocation shifts and investment trends.
| Date | Symbol | Type | Change Qty |
|---|---|---|---|
|
Q1 2020
|
ADBE
Adobe Inc.
|
Sell |
-193,847
|
|
Q1 2020
|
ADSK
Autodesk, Inc.
|
Buy |
+735,213
|
|
Q1 2020
|
AMZN
Amazon.com, Inc.
|
Buy |
+67,467
|
|
Q1 2020
|
BABA
Alibaba Group Holding Limited
|
Buy |
+96,801
|
|
Q1 2020
|
CDNS
Cadence Design Systems, Inc.
|
Buy - Position Entry |
+1,288,594
|
|
Q1 2020
|
CHWY
Chewy, Inc.
|
Sell |
-3,771,782
|
|
Q1 2020
|
CRM
Salesforce, Inc.
|
Sell - Position Exit |
-4,140,694
|
|
Q1 2020
|
CSX
CSX Corporation
|
Sell - Position Exit |
-12,000
|
|
Q1 2020
|
CVNA
Carvana Co.
|
Buy |
+4,097,265
|
|
Q1 2020
|
DAY
Dayforce, Inc.
|
Buy - Position Entry |
+3,244,680
|
|
Q1 2020
|
DPZ
Domino's Pizza Inc
|
Sell - Position Exit |
-1,731,133
|
|
Q1 2020
|
DXCM
DexCom, Inc.
|
Sell - Position Exit |
-1,058,895
|
|
Q1 2020
|
EFX
Equifax, Inc.
|
Sell |
-276,738
|
|
Q1 2020
|
G4412G101
Herbalife
|
Sell - Position Exit |
-3,892,688
|
|
Q1 2020
|
GPN
Global Payments Inc.
|
Buy |
+1,709,354
|
|
Q1 2020
|
HLT
Hilton Worldwide Holdings Inc.
|
Buy - Position Entry |
+2,952,652
|
|
Q1 2020
|
HUBS
HubSpot, Inc.
|
Buy |
+550,843
|
|
Q1 2020
|
HUM
Humana Inc.
|
Buy |
+691,296
|
|
Q1 2020
|
ILMN
Illumina, Inc.
|
Sell - Position Exit |
-519,808
|
|
Q1 2020
|
IQV
IQVIA Holdings, Inc.
|
Sell - Position Exit |
-3,082,174
|
|
Q1 2020
|
LYV
Live Nation Entertainment, Inc.
|
Buy - Position Entry |
+3,046,095
|
|
Q1 2020
|
MA
Mastercard Incorporated
|
Sell |
-74,625
|
|
Q1 2020
|
MELI
MercadoLibre, Inc.
|
Sell - Position Exit |
-970,749
|
|
Q1 2020
|
META
Meta Platforms, Inc.
|
Buy |
+106,113
|
|
Q1 2020
|
MO
Altria Group, Inc.
|
Sell - Position Exit |
-3,536,654
|
|
Q1 2020
|
MSFT
Microsoft Corporation
|
Buy |
+854,877
|
|
Q1 2020
|
NFLX
Netflix, Inc.
|
Sell |
-81,789
|
|
Q1 2020
|
NOW
ServiceNow, Inc.
|
Sell |
-173,801
|
|
Q1 2020
|
PYPL
PayPal Holdings, Inc.
|
Buy |
+1,901,160
|
|
Q1 2020
|
SE
Sea Limited
|
Sell |
-6,138,422
|
Page 1 of 2