Stephen Mandel - Lone Pine Capital 13F Activity & Position Changes (Q1 2024)

As of Mar 31, 2024, the Lone Pine Capital portfolio activity showed several notable changes in holdings, according to the latest SEC 13F filing reported on May 15, 2024. 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 2024, the filing reported:

New Buys - Applovin Corporation, Constellation Energy Corporatio, McKesson Corporation, Spotify, Vistra Corp.

Increases - ASML, EPAM Systems, Inc., Intuit Inc., KKR & Co. Inc., Microsoft Corporation, and 2 more

Reductions - Amazon.com, Inc., Bath & Body Works, Inc., Booking Holdings Inc. Common St, Salesforce, Inc., Dick's Sporting Goods Inc, and 8 more

Complete Exits - Blackstone Inc., GE Aerospace, HDFC Bank Limited, UnitedHealth Group Incorporated

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 2024	AMZN Amazon.com, Inc.	Amazon.com, Inc.	Sell	-971,308	-17.8%	$810.53M	4,493,481
Q1 2024	APP Applovin Corporation	Applovin Corporation	Buy - Position Entry	+5,319,671	-	$368.23M	5,319,671
Q1 2024	ASML ASML	ASML	Buy	+64,242	+14.9%	$479.45M	494,040
Q1 2024	BBWI Bath & Body Works, Inc.	Bath & Body Works, Inc.	Sell	-680,756	-6.5%	$488.60M	9,768,116
Q1 2024	BKNG Booking Holdings Inc. Common St	Booking Holdings Inc. Common St	Sell	-48,207	-31.6%	$378.37M	104,294
Q1 2024	BX Blackstone Inc.	Blackstone Inc.	Sell - Position Exit	-2,219,023	-100.0%	$0.00	-
Q1 2024	CEG Constellation Energy Corporatio	Constellation Energy Corporatio	Buy - Position Entry	+875,961	-	$161.92M	875,961
Q1 2024	CRM Salesforce, Inc.	Salesforce, Inc.	Sell	-99,363	-4.0%	$722.91M	2,400,267
Q1 2024	DKS Dick's Sporting Goods Inc	Dick's Sporting Goods Inc	Sell	-1,724,013	-59.0%	$269.58M	1,198,897
Q1 2024	EPAM EPAM Systems, Inc.	EPAM Systems, Inc.	Buy	+79,657	+9.4%	$256.81M	929,917
Q1 2024	GE GE Aerospace	GE Aerospace	Sell - Position Exit	-2,103,885	-100.0%	$0.00	-
Q1 2024	HDB HDFC Bank Limited	HDFC Bank Limited	Sell - Position Exit	-4,643,541	-100.0%	$0.00	-
Q1 2024	IBN ICICI Bank Limited	ICICI Bank Limited	Sell	-2,399,598	-19.9%	$254.66M	9,642,665
Q1 2024	INTU Intuit Inc.	Intuit Inc.	Buy	+153,923	+20.6%	$586.59M	902,450
Q1 2024	KKR KKR & Co. Inc.	KKR & Co. Inc.	Buy	+766,056	+12.3%	$703.27M	6,992,120
Q1 2024	LPLA LPL Financial Holdings Inc.	LPL Financial Holdings Inc.	Sell	-155,044	-8.4%	$445.20M	1,685,070
Q1 2024	LYV Live Nation Entertainment, Inc.	Live Nation Entertainment, Inc.	Sell	-127,745	-3.8%	$340.32M	3,217,551
Q1 2024	MA Mastercard Incorporated	Mastercard Incorporated	Sell	-420,366	-38.2%	$327.67M	680,424
Q1 2024	MCK McKesson Corporation	McKesson Corporation	Buy - Position Entry	+560,936	-	$301.14M	560,936
Q1 2024	META Meta Platforms, Inc.	Meta Platforms, Inc.	Sell	-735,911	-25.6%	$1.04B	2,137,817
Q1 2024	MSFT Microsoft Corporation	Microsoft Corporation	Buy	+118,109	+6.5%	$811.96M	1,929,918
Q1 2024	PM Philip Morris International Inc	Philip Morris International Inc	Buy	+3,665,338	+121.9%	$611.21M	6,671,129
Q1 2024	PTC PTC Inc.	PTC Inc.	Sell	-198,505	-6.3%	$560.77M	2,967,958
Q1 2024	SPOT Spotify	Spotify	Buy - Position Entry	+1,687,415	-	$445.31M	1,687,415
Q1 2024	SQ Block, Inc.	Block, Inc.	Buy	+129,666	+2.0%	$569.73M	6,735,935
Q1 2024	TSM Taiwan Semiconductor Manufactur	Taiwan Semiconductor Manufactur	Sell	-775,400	-11.2%	$839.77M	6,172,524
Q1 2024	UNH UnitedHealth Group Incorporated	UnitedHealth Group Incorporated	Sell - Position Exit	-891,167	-100.0%	$0.00	-
Q1 2024	VST Vistra Corp.	Vistra Corp.	Buy - Position Entry	+6,412,881	-	$446.66M	6,412,881
Q1 2024	WDAY Workday, Inc.	Workday, Inc.	Sell	-133,046	-8.6%	$385.89M	1,414,824