Stephen Mandel's Portfolio Concentration: Analysis of Top Holdings as of March 31, 2026
Stephen Mandel's portfolio as of March 31, 2026, shows significant concentration in top holdings like ASML and VST, with notable increases in shares for several stocks.
As of March 31, 2026, Stephen Mandel's portfolio at Lone Pine Capital, valued at approximately $12 billion, demonstrates notable concentration in specific sectors and individual stocks. The holdings reflect a focus on high-growth areas such as Technology and Industrials, with several top positions showing significant share increases during the prior period.
Mandel's largest position is in ASML Holdings NV (ASML), which accounts for 6.9% of the total portfolio value. The position saw an 8.29% increase in shares during the prior period. Similarly, Vistra Corp (VST) holds a 7.42% allocation, with an 18.72% increase in shares. Carpenter Technology Corp (CRS) is another major holding at 5.71% allocation, showing a substantial 38.46% jump in shares.
LPL Financial Holdings Inc. (LPLA) is positioned at 4.92% of the portfolio, with a slight decrease of 1.2% in shares. Applovin Corp (APP) holds a 4.65% allocation, marked by an impressive 87.68% increase in shares. Talen Energy Corp (TLN) at 4.63% allocation also saw a significant 40.65% rise in shares. Teradyne Inc. (TER) and Carvana Co. (CVNA) each hold around 4.4% of the portfolio, with TER showing a 100% increase in shares and CVNA a minor decrease.
Nu Holdings Ltd. (G6683N103) is positioned at 4.35% allocation, with a substantial 28.29% increase in shares during the prior period. The portfolio also includes Corning Inc. (GLW) at 4.03% allocation, with a 100% increase in shares.
For detailed insights into Stephen Mandel's investment approach and Lone Pine Capital's holdings, visit InsiderSet. For more information on individual stocks, explore ASML, VST, CRS, and other relevant company profiles on InsiderSet.