Stephen Mandel's Lone Pine Capital Portfolio Shows Strong Tech Bias in Q1 2026
Stephen Mandel's portfolio at Lone Pine Capital saw significant increases in technology and industrial stocks, with minor decreases in financial holdings during the quarter ending March 31, 2026.
Stephen Mandel's Lone Pine Capital portfolio, valued at approximately $12 billion as of March 31, 2026, displayed notable shifts in its top holdings during the quarter. The portfolio's allocation saw significant changes, with major increases in certain sectors and minor adjustments in others.
Mandel's portfolio showed strong interest in technology and industrials, with several positions experiencing substantial share growth. Notable increases included APPLOVIN CORP (APP), which saw an 87.68% jump in shares, and NU HLDGS LTD (G6683N103), with a 28.29% increase. CARPENTER TECHNOLOGY CORP (CRS) and TALEN ENERGY CORP (TLN) also posted significant gains of 38.46% and 40.65%, respectively. Additionally, ASML HLDG NV (ASML) and VISTRA CORP (VST) increased by 8.29% and 18.72%, while TERADYNE INC (TER) and CORNING INC (GLW) added shares at a 100% increase rate.
In contrast, some holdings saw reductions. LPL FINL HLDGS INC (LPLA) experienced a slight decrease of 1.2% in shares, and CARVANA CO (CVNA) saw a minimal reduction of 1.38%. The rest of the top holdings did not show significant changes during the period.
For a detailed view of Stephen Mandel's investment activity, visit his profile on Insiderset. You can explore each stock's performance and details by clicking on the respective links below.
Stephen Mandel - Lone Pine Capital Investor Profile