Stephen Mandel - Lone Pine Capital 13F Activity & Position Changes (Q3 2024)

According to the SEC 13F filed on Nov 14, 2024, the Lone Pine Capital portfolio showed several notable changes in holdings as of quarter-end Sep 30, 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 Q3 2024, the filing reported:

New Buys - Salesforce, Inc., Hut 8 Corp., Lennar Corporation, Starbucks Corporation, Talen Energy, and 2 more

Increases - Amazon.com, Inc., Ares Management Corporation, Constellation Energy Corporatio, Intuit Inc., LPL Financial Holdings Inc., and 1 more

Reductions - Applovin Corporation, ASML, Booking Holdings Inc. Common St, GE Vernova Inc., Howmet Aerospace Inc., and 7 more

Complete Exits - AvidXchange Holdings, Inc., Bath & Body Works, Inc., Mastercard Incorporated, McKesson Corporation

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 2024	AMZN Amazon.com, Inc.	Amazon.com, Inc.	Buy	+1,033,987	+23.2%	$1.02B	5,482,267
Q3 2024	APP Applovin Corporation	Applovin Corporation	Sell	-3,332,572	-58.4%	$309.39M	2,369,866
Q3 2024	ARES Ares Management Corporation	Ares Management Corporation	Buy	+477,053	+30.3%	$319.76M	2,051,816
Q3 2024	ASML ASML	ASML	Sell	-36,578	-6.2%	$459.38M	551,313
Q3 2024	AVDX AvidXchange Holdings, Inc.	AvidXchange Holdings, Inc.	Sell - Position Exit	-5,078,341	-100.0%	$0.00	-
Q3 2024	BBWI Bath & Body Works, Inc.	Bath & Body Works, Inc.	Sell - Position Exit	-11,315,515	-100.0%	$0.00	-
Q3 2024	BKNG Booking Holdings Inc. Common St	Booking Holdings Inc. Common St	Sell	-28,763	-27.3%	$321.86M	76,414
Q3 2024	CEG Constellation Energy Corporatio	Constellation Energy Corporatio	Buy	+789,278	+49.2%	$622.55M	2,394,231
Q3 2024	CRM Salesforce, Inc.	Salesforce, Inc.	Buy - Position Entry	+2,337,830	-	$639.89M	2,337,830
Q3 2024	GEV GE Vernova Inc.	GE Vernova Inc.	Sell	-320,997	-21.7%	$294.76M	1,156,011
Q3 2024	HUT Hut 8 Corp.	Hut 8 Corp.	Buy - Position Entry	+1,232,752	-	$15.11M	1,232,752
Q3 2024	HWM Howmet Aerospace Inc.	Howmet Aerospace Inc.	Sell	-603,614	-16.5%	$306.94M	3,061,707
Q3 2024	INTU Intuit Inc.	Intuit Inc.	Buy	+18,911	+2.1%	$572.17M	921,361
Q3 2024	KKR KKR & Co. Inc.	KKR & Co. Inc.	Sell	-1,862,776	-29.2%	$590.58M	4,522,730
Q3 2024	LEN Lennar Corporation	Lennar Corporation	Buy - Position Entry	+2,927,654	-	$548.88M	2,927,654
Q3 2024	LPLA LPL Financial Holdings Inc.	LPL Financial Holdings Inc.	Buy	+495,067	+29.4%	$507.17M	2,180,137
Q3 2024	MA Mastercard Incorporated	Mastercard Incorporated	Sell - Position Exit	-1,043,557	-100.0%	$0.00	-
Q3 2024	MCK McKesson Corporation	McKesson Corporation	Sell - Position Exit	-560,936	-100.0%	$0.00	-
Q3 2024	META Meta Platforms, Inc.	Meta Platforms, Inc.	Buy	+496,900	+35.6%	$1.08B	1,891,337
Q3 2024	MSFT Microsoft Corporation	Microsoft Corporation	Sell	-364,426	-18.0%	$712.48M	1,655,779
Q3 2024	PM Philip Morris International Inc	Philip Morris International Inc	Sell	-2,190,473	-32.8%	$543.95M	4,480,656
Q3 2024	SBUX Starbucks Corporation	Starbucks Corporation	Buy - Position Entry	+4,050,850	-	$394.92M	4,050,850
Q3 2024	SPOT Spotify	Spotify	Sell	-134,886	-8.0%	$572.15M	1,552,529
Q3 2024	TLN Talen Energy	Talen Energy	Buy - Position Entry	+856,215	-	$152.61M	856,215
Q3 2024	TSM Taiwan Semiconductor Manufactur	Taiwan Semiconductor Manufactur	Sell	-1,789,337	-29.8%	$731.65M	4,212,861
Q3 2024	UNH UnitedHealth Group Incorporated	UnitedHealth Group Incorporated	Sell	-122,437	-13.0%	$480.54M	821,880
Q3 2024	VST Vistra Corp.	Vistra Corp.	Sell	-31,716	-0.5%	$806.82M	6,806,291
Q3 2024	WDAY Workday, Inc.	Workday, Inc.	Buy - Position Entry	+1,604,385	-	$392.13M	1,604,385
Q3 2024	WULF TeraWulf Inc.	TeraWulf Inc.	Buy - Position Entry	+3,067,796	-	$14.36M	3,067,796