Stephen Mandel - Lone Pine Capital Portfolio Performance Analysis (Q2 2026)

Investment performance metrics based on historical 13F filings data.

Data Coverage: June 2013 to June 2026 • Initial Portfolio Value: $0.01B

Performance calculated from first filing in our database. This may not represent the investor's entire career.

Portfolio Growth (Since First Filing)

+15.31B

+9,999%+

Winning Positions

+59.23%

138 wins / 233 positions

Average Gain (Winners)

$145.52M

+9,999%+ avg per position

Active Positions

31

51 losing positions

Portfolio Value Over Time

Current: $15.3B
Change: +$15.3B (153248.75%)
$15.3B $7.7B $10.0M
Jun 2013 Dec 2019 Jun 2026

Total Positions Tracked

233

All holdings over time

Win/Loss Ratio

2.71

138 gains / 51 losses

Active vs. Exited

31 / 202

Current positions / Exited

Position Performance

138 Gains / 51 Losses

Performance calculated from first appearance in 13F filings. Initial values represent position value when first tracked, not actual purchase prices.

Symbol Company Sector Entry Status Initial Value Current Value Gain/Loss Return %
NBIS Nebius Group N/A Mar 2014 ACTIVE $29.83K $1.18B $1.18B +9,999%+
ASML ASML N/A Jun 2013 ACTIVE $81.68K $1.13B $1.13B +9,999%+
META Meta Platforms, Inc. Communication Services Jun 2013 EXITED $245.43K $971.04M $970.80M +9,999%+
DG Dollar General Corporation Consumer Defensive Jun 2013 EXITED $688.63K $913.31M $912.62M +9,999%+
CVNA Carvana Co. Consumer Cyclical Dec 2019 ACTIVE $92.32K $692.47M $692.38M +9,999%+
HUT Hut 8 Corp. Financial Services Sep 2024 ACTIVE $15.11M $666.47M $651.36M +4309.75%
MSFT Microsoft Corporation Technology Dec 2013 EXITED $953.02K $596.85M $595.89M +9,999%+
RH RH Consumer Cyclical Jun 2021 EXITED $693.14K $584.39M $583.69M +9,999%+
WULF TeraWulf Inc. Financial Services Sep 2024 ACTIVE $14.36M $596.37M $582.01M +4053.80%
DASH DoorDash, Inc. Communication Services Dec 2020 EXITED $322.18K $572.97M $572.64M +9,999%+
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Important Note: Data Limitations

These metrics are based on 13F filing data which has significant limitations:

  • Quarterly Snapshots Only: 13F filings show positions at quarter-end, not actual transaction prices
  • No Transaction Prices: We cannot determine actual buy/sell prices, only end-of-quarter values
  • Performance Estimates: Gains/losses are calculated from first appearance to last update using quarterly values
  • Missing Data: Intra-quarter trades, dividends, corporate actions, and exact timing are not captured
  • Educational Only: These metrics are estimates for understanding general investment patterns, not actual realized returns

Use these metrics for informational and educational purposes only. They represent broad trends, not precise investment performance.