Stephen Mandel – Lone Pine Capital Portfolio Activity & Recent Trades (Jun 30, 2025)
As of Jun 30, 2025, the Lone Pine Capital portfolio activity showed several notable changes in holdings, according to the latest SEC 13F filing reported on Aug 14, 2025. 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 Q2 2025, the filing reported:
New Buys – EQT Corporation (EQT), Brookfield Corporation (BN), Wix (WIX), UnitedHealth Group Incorporated (UNH), Booking Holdings Inc. Common St (BKNG)
Increases – Vistra Corp. (VST), Amazon.com, Inc. (AMZN), KKR & Co. Inc. (KKR), Salesforce, Inc. (CRM), LPL Financial Holdings Inc. (LPLA)
These updates highlight how the portfolio adjusted across different sectors and market conditions, offering insights into allocation shifts and investment trends.
Lone Pine Capital Activity
| Date | Symbol | Type | Quantity |
|---|---|---|---|
Q2 2025Jun 30, 2025 | EQT EQT Corporation | Buy - Position Entry | +7,518,227 |
Q2 2025Jun 30, 2025 | BN Brookfield Corporation | Buy - Position Entry | +5,621,385 |
Q2 2025Jun 30, 2025 | WIX Wix | Buy - Position Entry | +2,161,331 |
Q2 2025Jun 30, 2025 | VST Vistra Corp. | Buy | +1,864,931+40.5% |
Q2 2025Jun 30, 2025 | UNH UnitedHealth Group Incorporated | Buy - Position Entry | +1,693,347 |
Q2 2025Jun 30, 2025 | AMZN Amazon.com, Inc. | Buy | +680,816+15.6% |
Q2 2025Jun 30, 2025 | KKR KKR & Co. Inc. | Buy | +457,998+9.6% |
Q2 2025Jun 30, 2025 | CRM Salesforce, Inc. | Buy | +131,499+7.6% |
Q2 2025Jun 30, 2025 | LPLA LPL Financial Holdings Inc. | Buy | +108,233+6.1% |
Q2 2025Jun 30, 2025 | BKNG Booking Holdings Inc. Common St | Buy - Position Entry | +59,972 |
Q2 2025Jun 30, 2025 | ASML ASML | Sell | -15,565-2.7% |
Q2 2025Jun 30, 2025 | META Meta Platforms, Inc. | Sell | -93,045-5.3% |
Q2 2025Jun 30, 2025 | COF Capital One Financial Corporati | Sell | -95,510-3.0% |
Q2 2025Jun 30, 2025 | MSFT Microsoft Corporation | Sell | -105,472-5.4% |
Q2 2025Jun 30, 2025 | PM Philip Morris International Inc | Sell | -250,848-8.3% |
Q2 2025Jun 30, 2025 | APP Applovin Corporation | Sell | -332,594-20.9% |
Q2 2025Jun 30, 2025 | FLUT Flutter Entertainment | Sell | -357,132-16.1% |
Q2 2025Jun 30, 2025 | TSM Taiwan Semiconductor Manufactur | Sell | -429,461-11.1% |
Q2 2025Jun 30, 2025 | WING Wingstop Inc. | Sell - Position Exit | -449,056-100.0% |
Q2 2025Jun 30, 2025 | CVNA Carvana Co. | Sell | -548,877-23.7% |
Q2 2025Jun 30, 2025 | LLY Eli Lilly and Company | Sell - Position Exit | -551,827-100.0% |
Q2 2025Jun 30, 2025 | INTU Intuit Inc. | Sell | -632,136-45.0% |
Q2 2025Jun 30, 2025 | SBUX Starbucks Corporation | Sell | -1,045,934-15.8% |
Q2 2025Jun 30, 2025 | CDNS Cadence Design Systems, Inc. | Sell - Position Exit | -1,218,389-100.0% |
Q2 2025Jun 30, 2025 | ARES Ares Management Corporation | Sell - Position Exit | -1,604,441-100.0% |
Q2 2025Jun 30, 2025 | TOL Toll Brothers, Inc. | Sell - Position Exit | -3,800,580-100.0% |
Q1 2025Mar 31, 2025 | TOL Toll Brothers, Inc. | Buy - Position Entry | +3,800,580 |
Q1 2025Mar 31, 2025 | CVNA Carvana Co. | Buy - Position Entry | +2,314,168 |
Q1 2025Mar 31, 2025 | CDNS Cadence Design Systems, Inc. | Buy - Position Entry | +1,218,389 |
Q1 2025Mar 31, 2025 | KKR KKR & Co. Inc. | Buy | +715,628+17.7% |