Stephen Mandel - Lone Pine Capital 13F Activity & Position Changes (Q1 2021)

According to the SEC 13F filed on May 18, 2021, the Lone Pine Capital portfolio showed several notable changes in holdings as of quarter-end Mar 31, 2021. 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 2021, the filing reported:

New Buys - ICICI Bank Limited, Insulet Corporation, Workday, Inc.

Increases - Adobe Inc., Amazon.com, Inc., argenx SE, Ascendis Pharma A/S, BILL Holdings, Inc., and 10 more

Reductions - Bilibili Inc., Carvana Co., Datadog, Inc., Global Payments Inc., Mastercard Incorporated, and 5 more

Complete Exits - Autodesk, Inc., DocuSign, Inc., Fidelity National Information S, Amicus Therapeutics, Inc., Humana Inc., and 2 more

These updates highlight how the portfolio adjusted across different sectors and market conditions, offering insights into allocation shifts and investment trends.

Date	Symbol	Name	Type	Change Qty	% Change	Value	Remaining
Q1 2021	ADBE Adobe Inc.	Adobe Inc.	Buy	+601,668	+29.8%	$1.25M	2,622,406
Q1 2021	ADSK Autodesk, Inc.	Autodesk, Inc.	Sell - Position Exit	-2,212,480	-100.0%	$0.00	-
Q1 2021	AMZN Amazon.com, Inc.	Amazon.com, Inc.	Buy	+224,618	+87.4%	$1.49M	481,744
Q1 2021	ARGX argenx SE	argenx SE	Buy	+10,000	+1.9%	$150.43K	546,259
Q1 2021	ASND Ascendis Pharma A/S	Ascendis Pharma A/S	Buy	+542,448	+60.6%	$185.20K	1,436,981
Q1 2021	BILI Bilibili Inc.	Bilibili Inc.	Sell	-1,803,795	-30.0%	$449.69K	4,200,332
Q1 2021	BILL BILL Holdings, Inc.	BILL Holdings, Inc.	Buy	+52,006	+1.9%	$410.41K	2,820,713
Q1 2021	CVNA Carvana Co.	Carvana Co.	Sell	-40,056	-1.6%	$631.91K	2,408,209
Q1 2021	DASH DoorDash, Inc.	DoorDash, Inc.	Buy	+4,466,620	+197.9%	$881.66K	6,723,551
Q1 2021	DDOG Datadog, Inc.	Datadog, Inc.	Sell	-548,135	-7.7%	$545.21K	6,541,966
Q1 2021	DOCU DocuSign, Inc.	DocuSign, Inc.	Sell - Position Exit	-4,056,072	-100.0%	$0.00	-
Q1 2021	DXCM DexCom, Inc.	DexCom, Inc.	Buy	+105,339	+4.6%	$852.89K	2,373,148
Q1 2021	FATE Fate Therapeutics, Inc.	Fate Therapeutics, Inc.	Buy	+865,618	+98.0%	$144.23K	1,749,284
Q1 2021	FIS Fidelity National Information S	Fidelity National Information S	Sell - Position Exit	-2,799,907	-100.0%	$0.00	-
Q1 2021	FOLD Amicus Therapeutics, Inc.	Amicus Therapeutics, Inc.	Sell - Position Exit	-6,678,788	-100.0%	$0.00	-
Q1 2021	GPN Global Payments Inc.	Global Payments Inc.	Sell	-2,085,724	-32.9%	$855.77K	4,245,296
Q1 2021	HUM Humana Inc.	Humana Inc.	Sell - Position Exit	-1,508,296	-100.0%	$0.00	-
Q1 2021	HWM Howmet Aerospace Inc.	Howmet Aerospace Inc.	Sell - Position Exit	-7,527,593	-100.0%	$0.00	-
Q1 2021	IBN ICICI Bank Limited	ICICI Bank Limited	Buy - Position Entry	+43,155,826	-	$691.79K	43,155,826
Q1 2021	MA Mastercard Incorporated	Mastercard Incorporated	Sell	-687,664	-25.3%	$723.40K	2,031,733
Q1 2021	MDB MongoDB, Inc.	MongoDB, Inc.	Sell	-748,461	-85.1%	$35.13K	131,371
Q1 2021	MELI MercadoLibre, Inc.	MercadoLibre, Inc.	Buy	+118,041	+19.8%	$1.05M	715,152
Q1 2021	META Meta Platforms, Inc.	Meta Platforms, Inc.	Buy	+2,086,813	+58.4%	$1.67M	5,662,359
Q1 2021	MSFT Microsoft Corporation	Microsoft Corporation	Buy	+1,512,102	+24.0%	$1.84M	7,824,597
Q1 2021	MTCH Match Group, Inc.	Match Group, Inc.	Buy	+937,602	+17.8%	$852.40K	6,204,685
Q1 2021	NFLX Netflix, Inc.	Netflix, Inc.	Sell	-624,000	-25.4%	$953.66K	1,828,120
Q1 2021	NOW ServiceNow, Inc.	ServiceNow, Inc.	Buy	+268,139	+22.1%	$739.52K	1,478,725
Q1 2021	PODD Insulet Corporation	Insulet Corporation	Buy - Position Entry	+380,690	-	$99.33K	380,690
Q1 2021	SHOP Shopify Inc.	Shopify Inc.	Sell	-82,800	-4.6%	$1.89M	1,712,490
Q1 2021	SNAP Snap Inc.	Snap Inc.	Buy	+4,504,987	+23.1%	$1.26M	24,015,574

Page 1 of 2