Stephen Mandel - Lone Pine Capital 13F Activity & Position Changes (Q3 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 Sep 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 Q3 2015, the filing reported:

New Buys - Amazon.com, Inc., American Express Company, Diageo plc, Dollar Tree, Inc., Expedia Group, Inc., and 2 more

Increases - Arista Networks, Inc., DaVita Inc., Electronic Arts Inc., Hanesbrands Inc., HDFC Bank Limited, and 9 more

Reductions - Adobe Inc., Equinix, Inc., FNF Group of Fidelity National , Anywhere Real Estate Inc., Illumina, Inc., and 4 more

Complete Exits - Advance Auto Parts Inc., Autodesk, Inc., CSX Corporation, Perrigo, HCA Healthcare, 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
Q3 2015	AAP Advance Auto Parts Inc.	Advance Auto Parts Inc.	Sell - Position Exit	-1,217,455	-100.0%	$0.00	-
Q3 2015	ADBE Adobe Inc.	Adobe Inc.	Sell	-3,055,220	-33.0%	$510.52K	6,209,219
Q3 2015	ADSK Autodesk, Inc.	Autodesk, Inc.	Sell - Position Exit	-6,158,948	-100.0%	$0.00	-
Q3 2015	AMZN Amazon.com, Inc.	Amazon.com, Inc.	Buy - Position Entry	+1,937,002	-	$991.53K	1,937,002
Q3 2015	ANET Arista Networks, Inc.	Arista Networks, Inc.	Buy	+280,000	+14.8%	$133.15K	2,175,925
Q3 2015	AXP American Express Company	American Express Company	Buy - Position Entry	+1,000	-	$74.00	1,000
Q3 2015	CSX CSX Corporation	CSX Corporation	Sell - Position Exit	-2,088,300	-100.0%	$0.00	-
Q3 2015	DEO Diageo plc	Diageo plc	Buy - Position Entry	+1,000	-	$108.00	1,000
Q3 2015	DLTR Dollar Tree, Inc.	Dollar Tree, Inc.	Buy - Position Entry	+5,139,395	-	$342.59K	5,139,395
Q3 2015	DVA DaVita Inc.	DaVita Inc.	Buy	+2,463,224	+45.1%	$572.78K	7,918,998
Q3 2015	EA Electronic Arts Inc.	Electronic Arts Inc.	Buy	+7,988,172	+1005.5%	$595.02K	8,782,612
Q3 2015	EQIX Equinix, Inc.	Equinix, Inc.	Sell	-355,169	-11.8%	$724.72K	2,650,775
Q3 2015	EXPE Expedia Group, Inc.	Expedia Group, Inc.	Buy - Position Entry	+1,094,269	-	$128.77K	1,094,269
Q3 2015	FNF FNF Group of Fidelity National	FNF Group of Fidelity National	Sell	-3,160,582	-32.7%	$230.99K	6,512,113
Q3 2015	G97822103 Perrigo	Perrigo	Sell - Position Exit	-375,924	-100.0%	$0.00	-
Q3 2015	HBI Hanesbrands Inc.	Hanesbrands Inc.	Buy	+101,579	+1.3%	$222.54K	7,689,684
Q3 2015	HCA HCA Healthcare, Inc.	HCA Healthcare, Inc.	Sell - Position Exit	-5,007,242	-100.0%	$0.00	-
Q3 2015	HDB HDFC Bank Limited	HDFC Bank Limited	Buy	+3,334,673	+165.5%	$326.79K	5,349,293
Q3 2015	HOUS Anywhere Real Estate Inc.	Anywhere Real Estate Inc.	Sell	-9,427,281	-90.6%	$36.85K	979,197
Q3 2015	ILMN Illumina, Inc.	Illumina, Inc.	Sell	-2,068,802	-36.4%	$634.66K	3,609,735
Q3 2015	JD JD.com, Inc.	JD.com, Inc.	Buy	+1,605,441	+3.8%	$1.13M	43,495,999
Q3 2015	LNG Cheniere Energy, Inc.	Cheniere Energy, Inc.	Buy	+4,298,264	+54.1%	$591.28K	12,241,775
Q3 2015	LOW Lowe's Companies, Inc.	Lowe's Companies, Inc.	Sell - Position Exit	-7,053,887	-100.0%	$0.00	-
Q3 2015	MA Mastercard Incorporated	Mastercard Incorporated	Sell	-1,382,737	-14.2%	$751.95K	8,343,895
Q3 2015	META Meta Platforms, Inc.	Meta Platforms, Inc.	Buy	+940,537	+9.6%	$962.13K	10,702,259
Q3 2015	MHK Mohawk Industries, Inc.	Mohawk Industries, Inc.	Buy	+12,885	+0.7%	$358.39K	1,971,450
Q3 2015	MSFT Microsoft Corporation	Microsoft Corporation	Sell	-1,259,500	-4.7%	$1.12M	25,339,024
Q3 2015	MTG MGIC Investment Corporation	MGIC Investment Corporation	Sell - Position Exit	-12,403,003	-100.0%	$0.00	-
Q3 2015	NKE Nike, Inc.	Nike, Inc.	Sell	-1,455,005	-20.3%	$701.03K	5,700,855
Q3 2015	SCHW Charles Schwab Corporation (The	Charles Schwab Corporation (The	Buy	+12,647,625	+1689.7%	$382.59K	13,396,145

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