Stephen Mandel's Lone Pine Capital Q1 2026 Portfolio Activity Analysis
Detailed analysis of Stephen Mandel's Lone Pine Capital portfolio changes during the first quarter of 2026, highlighting significant stock purchases and sales.
Financial investor Stephen Mandel, through his firm Lone Pine Capital, has made several notable changes to his portfolio during the first quarter of 2026, as disclosed in recent filings. The total portfolio value stands at approximately $12.02 billion as of March 31, 2026.
Mandel's most significant purchase during this period was in APPLOVIN CORP (APP), where he increased his stake by 87.68%. This substantial increase occurred alongside a significant jump in the number of shares held, indicating strong confidence in the Technology sector. Another major buying activity was observed in NU HLDGS LTD (G6683N103), with a 28.29% increase in holdings.
Meanwhile, Mandel maintained several large positions, including VISTRA CORP (VST), ASML HLDG NV (ASML), and CARPENTER TECHNOLOGY CORP (CRS), all of which saw increases in their portfolio allocation percentages. Notably, he held positions in TALEN ENERGY CORP (TLN), TERADYNE INC (TER), CORNING INC (GLW), and others at the end of the quarter.
On the selling side, the most significant reduction was in LPL FINL HLDGS INC (LPLA), where he decreased his position by 1.2%. Other stocks like CARVANA CO (CVNA) also saw slight reductions during the quarter.
For a comprehensive view of Stephen Mandel's investment activities, you can visit his profile on Insiderset: Stephen Mandel at Insiderset. Detailed information on each stock position, including company profiles, can be found at Insiderset's stock directory.