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)
Reductions – ASML (ASML), Meta Platforms, Inc. (META), Capital One Financial Corporati (COF), Microsoft Corporation (MSFT), Philip Morris International Inc (PM), and 6 more
Complete Exits – Wingstop Inc. (WING), Eli Lilly and Company (LLY), Cadence Design Systems, Inc. (CDNS), Ares Management Corporation (ARES), Toll Brothers, Inc. (TOL)

These updates highlight how the portfolio adjusted across different sectors and market conditions, offering insights into allocation shifts and investment trends.

Balances
Holdings
Activity
Options
Allocation
Strategy

Lone Pine Capital Activity

DateSymbolTypeQuantity
Q3 2020Sep 30, 2020
ADBE
Adobe Inc.
Sell
-129,100-7.1%
Q3 2020Sep 30, 2020
HUM
Humana Inc.
Sell
-250,180-10.3%
Q3 2020Sep 30, 2020
DDOG
Datadog, Inc.
Sell
-283,973-4.2%
Q3 2020Sep 30, 2020
MA
Mastercard Incorporated
Sell
-440,700-20.0%
Q3 2020Sep 30, 2020
BKNG
Booking Holdings Inc. Common St
Sell
-537,213-90.1%
Q3 2020Sep 30, 2020
CVNA
Carvana Co.
Sell - Position Exit
-849,665-100.0%
Q3 2020Sep 30, 2020
TDG
Transdigm Group Incorporated
Sell
-996,298-56.9%
Q3 2020Sep 30, 2020
PYPL
PayPal Holdings, Inc.
Sell
-1,376,428-18.7%
Q3 2020Sep 30, 2020
ZM
Zoom Communications, Inc.
Sell - Position Exit
-1,687,453-100.0%
Q3 2020Sep 30, 2020
DFS
Discover Financial Services
Sell - Position Exit
-2,035,812-100.0%
Q3 2020Sep 30, 2020
V
Visa Inc.
Sell - Position Exit
-2,411,124-100.0%
Q3 2020Sep 30, 2020
CRM
Salesforce, Inc.
Sell - Position Exit
-3,045,252-100.0%
Q3 2020Sep 30, 2020
DAY
Dayforce, Inc.
Sell - Position Exit
-5,758,477-100.0%
Q2 2020Jun 30, 2020
COF
Capital One Financial Corporati
Buy - Position Entry
+10,278,292
Q2 2020Jun 30, 2020
HWM
Howmet Aerospace Inc.
Buy - Position Entry
+7,888,593
Q2 2020Jun 30, 2020
DDOG
Datadog, Inc.
Buy - Position Entry
+6,832,849
Q2 2020Jun 30, 2020
CRM
Salesforce, Inc.
Buy - Position Entry
+3,045,252
Q2 2020Jun 30, 2020
DAY
Dayforce, Inc.
Buy
+2,513,797+77.5%
Q2 2020Jun 30, 2020
PYPL
PayPal Holdings, Inc.
Buy
+2,111,863+40.1%
Q2 2020Jun 30, 2020
DFS
Discover Financial Services
Buy - Position Entry
+2,035,812
Q2 2020Jun 30, 2020
META
Meta Platforms, Inc.
Buy
+1,734,964+49.1%
Q2 2020Jun 30, 2020
ZM
Zoom Communications, Inc.
Buy - Position Entry
+1,687,453
Q2 2020Jun 30, 2020
TDG
Transdigm Group Incorporated
Buy
+974,755+125.6%
Q2 2020Jun 30, 2020
BKNG
Booking Holdings Inc. Common St
Buy - Position Entry
+596,133
Q2 2020Jun 30, 2020
NOW
ServiceNow, Inc.
Buy
+420,347+30.7%
Q2 2020Jun 30, 2020
DXCM
DexCom, Inc.
Buy - Position Entry
+339,546
Q2 2020Jun 30, 2020
MSFT
Microsoft Corporation
Buy
+310,868+5.2%
Q2 2020Jun 30, 2020
HUM
Humana Inc.
Buy
+259,953+12.0%
Q2 2020Jun 30, 2020
SHOP
Shopify Inc.
Buy
+3,609+0.2%
Q2 2020Jun 30, 2020
SE
Sea Limited
Sell - Position Exit
-27,000-100.0%
Page 20 of 50 • 1487 total trades
«‹
1819202122
›»