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.

Lone Pine Capital Activity

Date	Symbol	Name	Type	Quantity	Value	Remaining
Q2 2019Jun 30, 2019	META Meta Platforms, Inc.	Meta Platforms, Inc.	Sell	-1,838,547-38.0%	$579.41K	3,002,136
Q2 2019Jun 30, 2019	STZ Constellation Brands, Inc.	Constellation Brands, Inc.	Sell - Position Exit	-4,932,455-100.0%	$0.00	-
Q2 2019Jun 30, 2019	TRU TransUnion	TransUnion	Sell - Position Exit	-6,435,350-100.0%	$0.00	-
Q2 2019Jun 30, 2019	CSX CSX Corporation	CSX Corporation	Sell - Position Exit	-7,998,686-100.0%	$0.00	-
Q1 2019Mar 31, 2019	DHI D.R. Horton, Inc.	D.R. Horton, Inc.	Buy - Position Entry	+6,567,812	$271.78K	6,567,812
Q1 2019Mar 31, 2019	UNP Union Pacific Corporation	Union Pacific Corporation	Buy - Position Entry	+3,313,454	$554.01K	3,313,454
Q1 2019Mar 31, 2019	SE Sea Limited	Sea Limited	Buy	+3,300,000+83.3%	$170.83K	7,263,222
Q1 2019Mar 31, 2019	SPGI S&P Global Inc.	S&P Global Inc.	Buy - Position Entry	+3,091,361	$650.89K	3,091,361
Q1 2019Mar 31, 2019	CRM Salesforce, Inc.	Salesforce, Inc.	Buy	+1,302,213+197.9%	$310.44K	1,960,213
Q1 2019Mar 31, 2019	GOOG Alphabet Inc.	Alphabet Inc.	Buy - Position Entry	+444,419	$521.44K	444,419
Q1 2019Mar 31, 2019	MELI MercadoLibre, Inc.	MercadoLibre, Inc.	Buy	+216,422+48.0%	$338.76K	667,206
Q1 2019Mar 31, 2019	TDG Transdigm Group Incorporated	Transdigm Group Incorporated	Buy	+138,733+9.1%	$754.19K	1,661,253
Q1 2019Mar 31, 2019	SQ Block, Inc.	Block, Inc.	Buy - Position Entry	+120,000	$8.99K	120,000
Q1 2019Mar 31, 2019	SHOP Shopify Inc.	Shopify Inc.	Buy - Position Entry	+40,000	$8.27K	40,000
Q1 2019Mar 31, 2019	BKNG Booking Holdings Inc. Common St	Booking Holdings Inc. Common St	Sell	-32,100-9.1%	$560.81K	321,396
Q1 2019Mar 31, 2019	AMZN Amazon.com, Inc.	Amazon.com, Inc.	Sell	-90,000-12.1%	$1.16M	651,661
Q1 2019Mar 31, 2019	MA Mastercard Incorporated	Mastercard Incorporated	Sell	-153,100-5.2%	$657.26K	2,791,487
Q1 2019Mar 31, 2019	STZ Constellation Brands, Inc.	Constellation Brands, Inc.	Sell	-227,699-4.4%	$864.81K	4,932,455
Q1 2019Mar 31, 2019	ADSK Autodesk, Inc.	Autodesk, Inc.	Sell	-396,107-10.3%	$536.04K	3,440,100
Q1 2019Mar 31, 2019	BABA Alibaba Group Holding Limited	Alibaba Group Holding Limited	Sell	-570,000-9.2%	$1.03M	5,640,334
Q1 2019Mar 31, 2019	ADBE Adobe Inc.	Adobe Inc.	Sell	-599,600-11.7%	$1.21M	4,528,199
Q1 2019Mar 31, 2019	NOW ServiceNow, Inc.	ServiceNow, Inc.	Sell	-936,223-35.4%	$420.49K	1,705,894
Q1 2019Mar 31, 2019	MSFT Microsoft Corporation	Microsoft Corporation	Sell	-1,062,033-10.5%	$1.07M	9,035,031
Q1 2019Mar 31, 2019	CSX CSX Corporation	CSX Corporation	Sell	-1,646,789-17.1%	$598.46K	7,998,686
Q1 2019Mar 31, 2019	META Meta Platforms, Inc.	Meta Platforms, Inc.	Sell	-1,829,084-27.4%	$806.89K	4,840,683
Q1 2019Mar 31, 2019	TRU TransUnion	TransUnion	Sell	-3,689,421-36.4%	$430.14K	6,435,350
Q1 2019Mar 31, 2019	NIO NIO Inc.	NIO Inc.	Sell - Position Exit	-3,736,290-100.0%	$0.00	-
Q1 2019Mar 31, 2019	PYPL PayPal Holdings, Inc.	PayPal Holdings, Inc.	Sell - Position Exit	-5,762,509-100.0%	$0.00	-
Q4 2018Dec 31, 2018	ADSK Autodesk, Inc.	Autodesk, Inc.	Buy - Position Entry	+3,836,207	$493.38K	3,836,207
Q4 2018Dec 31, 2018	MA Mastercard Incorporated	Mastercard Incorporated	Buy - Position Entry	+2,944,587	$555.50K	2,944,587

Page 26 of 50 • 1487 total trades

«‹

24 25 26 27 28

›»