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 |
|---|---|---|---|
Q4 2024Dec 31, 2024 | PM Philip Morris International Inc | Buy | +1,987,716+44.4% |
Q4 2024Dec 31, 2024 | FLUT Flutter Entertainment | Buy - Position Entry | +1,912,519 |
Q4 2024Dec 31, 2024 | LLY Eli Lilly and Company | Buy - Position Entry | +782,860 |
Q4 2024Dec 31, 2024 | INTU Intuit Inc. | Buy | +235,401+25.5% |
Q4 2024Dec 31, 2024 | TLN Talen Energy | Buy | +233,165+27.2% |
Q4 2024Dec 31, 2024 | META Meta Platforms, Inc. | Buy | +145,593+7.7% |
Q4 2024Dec 31, 2024 | MSFT Microsoft Corporation | Sell | -16,082-1.0% |
Q4 2024Dec 31, 2024 | WDAY Workday, Inc. | Sell | -60,921-3.8% |
Q4 2024Dec 31, 2024 | BKNG Booking Holdings Inc. Common St | Sell - Position Exit | -76,414-100.0% |
Q4 2024Dec 31, 2024 | ASML ASML | Sell | -109,547-19.9% |
Q4 2024Dec 31, 2024 | PTC PTC Inc. | Sell | -221,968-8.7% |
Q4 2024Dec 31, 2024 | LPLA LPL Financial Holdings Inc. | Sell | -257,389-11.8% |
Q4 2024Dec 31, 2024 | ARES Ares Management Corporation | Sell | -374,773-18.3% |
Q4 2024Dec 31, 2024 | TSM Taiwan Semiconductor Manufactur | Sell | -452,417-10.7% |
Q4 2024Dec 31, 2024 | KKR KKR & Co. Inc. | Sell | -474,587-10.5% |
Q4 2024Dec 31, 2024 | HUT Hut 8 Corp. | Sell | -539,913-43.8% |
Q4 2024Dec 31, 2024 | SPOT Spotify | Sell | -638,965-41.2% |
Q4 2024Dec 31, 2024 | CEG Constellation Energy Corporatio | Sell | -656,705-27.4% |
Q4 2024Dec 31, 2024 | CRM Salesforce, Inc. | Sell | -772,637-33.0% |
Q4 2024Dec 31, 2024 | UNH UnitedHealth Group Incorporated | Sell - Position Exit | -821,880-100.0% |
Q4 2024Dec 31, 2024 | GEV GE Vernova Inc. | Sell - Position Exit | -1,156,011-100.0% |
Q4 2024Dec 31, 2024 | LEN Lennar Corporation | Sell | -1,209,751-41.3% |
Q4 2024Dec 31, 2024 | APP Applovin Corporation | Sell | -1,284,753-54.2% |
Q4 2024Dec 31, 2024 | VST Vistra Corp. | Sell | -1,453,326-21.4% |
Q4 2024Dec 31, 2024 | WULF TeraWulf Inc. | Sell | -1,586,868-51.7% |
Q4 2024Dec 31, 2024 | AMZN Amazon.com, Inc. | Sell | -1,693,233-30.9% |
Q4 2024Dec 31, 2024 | SQ Block, Inc. | Sell | -3,904,730-50.9% |
Q3 2024Sep 30, 2024 | SBUX Starbucks Corporation | Buy - Position Entry | +4,050,850 |
Q3 2024Sep 30, 2024 | WULF TeraWulf Inc. | Buy - Position Entry | +3,067,796 |
Q3 2024Sep 30, 2024 | LEN Lennar Corporation | Buy - Position Entry | +2,927,654 |