Stephen Mandel - Lone Pine Capital 13F Activity & Position Changes (Q4 2023)

As of Dec 31, 2023, the Lone Pine Capital portfolio activity showed several notable changes in holdings, according to the latest SEC 13F filing reported on Feb 14, 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 Q4 2023, the filing reported:

New Buys - Blackstone Inc., GE Aerospace, Intuit Inc., Philip Morris International Inc

Increases - ASML, Bath & Body Works, Inc., Booking Holdings Inc. Common St, Dick's Sporting Goods Inc, Meta Platforms, Inc., and 1 more

Reductions - EPAM Systems, Inc., KKR & Co. Inc., Live Nation Entertainment, Inc., Mastercard Incorporated, Taiwan Semiconductor Manufactur, and 1 more

Complete Exits - BILL Holdings, Inc., Floor & Decor Holdings, Inc., Alphabet Inc., Transdigm Group Incorporated, Tempur Sealy International, Inc

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
Q4 2023	ASML ASML	ASML	Buy	+49,318	+13.0%	$325.32M	429,798
Q4 2023	BBWI Bath & Body Works, Inc.	Bath & Body Works, Inc.	Buy	+1,742,471	+20.0%	$450.97M	10,448,872
Q4 2023	BILL BILL Holdings, Inc.	BILL Holdings, Inc.	Sell - Position Exit	-2,546,689	-100.0%	$0.00	-
Q4 2023	BKNG Booking Holdings Inc. Common St	Booking Holdings Inc. Common St	Buy	+3,052	+2.0%	$540.95M	152,501
Q4 2023	BX Blackstone Inc.	Blackstone Inc.	Buy - Position Entry	+2,219,023	-	$290.51M	2,219,023
Q4 2023	DKS Dick's Sporting Goods Inc	Dick's Sporting Goods Inc	Buy	+450	+0.0%	$429.52M	2,922,910
Q4 2023	EPAM EPAM Systems, Inc.	EPAM Systems, Inc.	Sell	-203,969	-19.3%	$252.82M	850,260
Q4 2023	FND Floor & Decor Holdings, Inc.	Floor & Decor Holdings, Inc.	Sell - Position Exit	-2,160,808	-100.0%	$0.00	-
Q4 2023	GE GE Aerospace	GE Aerospace	Buy - Position Entry	+2,103,885	-	$268.52M	2,103,885
Q4 2023	GOOGL Alphabet Inc.	Alphabet Inc.	Sell - Position Exit	-3,113,001	-100.0%	$0.00	-
Q4 2023	INTU Intuit Inc.	Intuit Inc.	Buy - Position Entry	+748,527	-	$467.85M	748,527
Q4 2023	KKR KKR & Co. Inc.	KKR & Co. Inc.	Sell	-338,318	-5.2%	$515.83M	6,226,064
Q4 2023	LYV Live Nation Entertainment, Inc.	Live Nation Entertainment, Inc.	Sell	-368,181	-9.9%	$313.12M	3,345,296
Q4 2023	MA Mastercard Incorporated	Mastercard Incorporated	Sell	-645,552	-37.0%	$469.50M	1,100,790
Q4 2023	META Meta Platforms, Inc.	Meta Platforms, Inc.	Buy	+94,625	+3.4%	$1.02B	2,873,728
Q4 2023	PM Philip Morris International Inc	Philip Morris International Inc	Buy - Position Entry	+3,005,791	-	$282.78M	3,005,791
Q4 2023	SQ Block, Inc.	Block, Inc.	Buy	+2,720,123	+70.0%	$510.99M	6,606,269
Q4 2023	TDG Transdigm Group Incorporated	Transdigm Group Incorporated	Sell - Position Exit	-436,740	-100.0%	$0.00	-
Q4 2023	TPX Tempur Sealy International, Inc	Tempur Sealy International, Inc	Sell - Position Exit	-4,771,772	-100.0%	$0.00	-
Q4 2023	TSM Taiwan Semiconductor Manufactur	Taiwan Semiconductor Manufactur	Sell	-852,228	-10.9%	$722.58M	6,947,924
Q4 2023	WDAY Workday, Inc.	Workday, Inc.	Sell	-1,031,749	-40.0%	$427.30M	1,547,870