Stephen Mandel - Lone Pine Capital 13F Activity & Position Changes (Q2 2015)

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 Jun 30, 2015. 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 Q2 2015, the filing reported:

New Buys - Advance Auto Parts Inc., CSX Corporation, Electronic Arts Inc., Perrigo, Hanesbrands Inc., and 1 more

Increases - Arista Networks, Inc., Equinix, Inc., FNF Group of Fidelity National , Illumina, Inc., JD.com, Inc., and 7 more

Reductions - Adobe Inc., Autodesk, Inc., HCA Healthcare, Inc., Cheniere Energy, Inc., Mastercard Incorporated, and 2 more

Complete Exits - Apple Inc., Baidu, Inc., Cognizant Technology Solutions , Vipshop Holdings Limited

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
Q2 2015	AAP Advance Auto Parts Inc.	Advance Auto Parts Inc.	Buy - Position Entry	+1,217,455	-	$193.93K	1,217,455
Q2 2015	AAPL Apple Inc.	Apple Inc.	Sell - Position Exit	-6,838,522	-100.0%	$0.00	-
Q2 2015	ADBE Adobe Inc.	Adobe Inc.	Sell	-2,780,954	-23.1%	$750.51K	9,264,439
Q2 2015	ADSK Autodesk, Inc.	Autodesk, Inc.	Sell	-1,945,038	-24.0%	$308.41K	6,158,948
Q2 2015	ANET Arista Networks, Inc.	Arista Networks, Inc.	Buy	+405,100	+27.2%	$154.97K	1,895,925
Q2 2015	BIDU Baidu, Inc.	Baidu, Inc.	Sell - Position Exit	-5,281,484	-100.0%	$0.00	-
Q2 2015	CSX CSX Corporation	CSX Corporation	Buy - Position Entry	+2,088,300	-	$68.18K	2,088,300
Q2 2015	CTSH Cognizant Technology Solutions	Cognizant Technology Solutions	Sell - Position Exit	-1,093,374	-100.0%	$0.00	-
Q2 2015	EA Electronic Arts Inc.	Electronic Arts Inc.	Buy - Position Entry	+794,440	-	$52.83K	794,440
Q2 2015	EQIX Equinix, Inc.	Equinix, Inc.	Buy	+276,566	+10.1%	$763.51K	3,005,944
Q2 2015	FNF FNF Group of Fidelity National	FNF Group of Fidelity National	Buy	+1,817,299	+23.1%	$357.79K	9,672,695
Q2 2015	G97822103 Perrigo	Perrigo	Buy - Position Entry	+375,924	-	$69.48K	375,924
Q2 2015	HBI Hanesbrands Inc.	Hanesbrands Inc.	Buy - Position Entry	+7,588,105	-	$252.84K	7,588,105
Q2 2015	HCA HCA Healthcare, Inc.	HCA Healthcare, Inc.	Sell	-829,630	-14.2%	$454.26K	5,007,242
Q2 2015	ILMN Illumina, Inc.	Illumina, Inc.	Buy	+2,788,434	+96.5%	$1.24M	5,678,537
Q2 2015	JD JD.com, Inc.	JD.com, Inc.	Buy	+3,363,298	+8.7%	$1.43M	41,890,558
Q2 2015	LNG Cheniere Energy, Inc.	Cheniere Energy, Inc.	Sell	-74,975	-0.9%	$550.17K	7,943,511
Q2 2015	LOW Lowe's Companies, Inc.	Lowe's Companies, Inc.	Buy	+1,137,583	+19.2%	$472.40K	7,053,887
Q2 2015	MA Mastercard Incorporated	Mastercard Incorporated	Sell	-3,247,021	-25.0%	$909.25K	9,726,632
Q2 2015	META Meta Platforms, Inc.	Meta Platforms, Inc.	Buy	+1,654,800	+20.4%	$837.21K	9,761,722
Q2 2015	MSFT Microsoft Corporation	Microsoft Corporation	Buy	+12,112,415	+83.6%	$1.17M	26,598,524
Q2 2015	NKE Nike, Inc.	Nike, Inc.	Buy	+1,477,200	+26.0%	$772.98K	7,155,860
Q2 2015	SCHW Charles Schwab Corporation (The	Charles Schwab Corporation (The	Buy - Position Entry	+748,520	-	$24.44K	748,520
Q2 2015	ULTA Ulta Beauty, Inc.	Ulta Beauty, Inc.	Sell	-136,272	-5.5%	$361.05K	2,337,670
Q2 2015	V Visa Inc.	Visa Inc.	Sell	-609,730	-6.4%	$597.67K	8,900,538
Q2 2015	VIPS Vipshop Holdings Limited	Vipshop Holdings Limited	Sell - Position Exit	-10,943,918	-100.0%	$0.00	-
Q2 2015	VMC Vulcan Materials Company (Holdi	Vulcan Materials Company (Holdi	Buy	+2,039,102	+143.5%	$290.41K	3,460,099
Q2 2015	WBA Walgreens Boots Alliance, Inc.	Walgreens Boots Alliance, Inc.	Buy	+2,613,677	+101.1%	$438.94K	5,198,204
Q2 2015	WMB Williams Companies, Inc. (The)	Williams Companies, Inc. (The)	Buy	+1,927,849	+16.0%	$800.20K	13,943,148