Steve Mandel’s portfolio: Lone Pine Capital 13F holdings
Quarterly SEC 13F-HR filingsCIK 0001061165
Latest filing in brief
In its Q2 2026 13F, filed August 14, 2026, Lone Pine Capital reported $16.4B across 34 US positions. The largest: NEBIUS GROUP N.V. (7.2%), ASML (6.9%), SEAGATE TECHNOLOGY HLDNGS PL (5.9%), HD (5.6%), AMAT (5.3%). In the quarter it opened 13 positions, sold out of 15, added to 8 and trimmed 13; positions opened and sold out came to 71.5% of the portfolio's value.
Methodology
Holdings come from the manager’s Form 13F-HR filings on SEC EDGAR, with amendments applied. Values and shares are reported at quarter-end; the filing date is when the report became public. These disclosures show reported long positions and listed options, not the manager’s entire portfolio or its trades since quarter-end.
Quarterly changes compare shares with the immediately preceding quarter on file. New and exited positions appear or disappear; added and trimmed positions change their share count by more than 1%. A share change can also reflect a stock split or other corporate action.
Opened and sold out is the value of new positions plus the prior value of exited positions, divided by the average of the two quarters’ reported portfolio values. It excludes changes to positions still held. Reported value growth includes price changes and is not a measure of investment performance. Largest-five and largest-ten weights exclude options.
Holdings
Filed Aug 14, 2026
- 13 New
- 8 Added
- 13 Trimmed
- 15 Exited
34 positions at June 30, 2026. Q/Q change compares shares with the preceding quarter.
| Row | Ticker | Issuer | Status | ||||
|---|---|---|---|---|---|---|---|
| 1 | — | NEBIUS GROUP N.V. | $1.2B | 4.3M | 7.19% | — | New |
| 2 | ASML | ASML HLDG NV | $1.1B | 569.2K | 6.92% | −13.1% | Trimmed |
| 3 | — | SEAGATE TECHNOLOGY HLDNGS PL | $965M | 1.0M | 5.90% | — | New |
| 4 | HD | HOME DEPOT INC | $918M | 2.6M | 5.61% | — | New |
| 5 | AMAT | APPLIED MATLS INC | $873M | 1.2M | 5.34% | — | New |
| 6 | MDLN | MEDLINE INC | $827M | 21.0M | 5.06% | +77.9% | Added |
| 7 | — | LINDE PLC | $809M | 1.6M | 4.94% | — | New |
| 8 | TER | TERADYNE INC | $722M | 1.5M | 4.42% | −20.3% | Trimmed |
| 9 | GLW | CORNING INC | $697M | 2.7M | 4.26% | −26.6% | Trimmed |
| 10 | CVNA | CARVANA CO | $692M | 10.5M | 4.23% | +499.6% | Added |
| 11 | HUT | HUT 8 CORP | $666M | 5.8M | 4.07% | −5.0% | Trimmed |
| 12 | PFGC | PERFORMANCE FOOD GROUP CO | $654M | 5.9M | 4.00% | +47.1% | Added |
| 13 | NU | NU HLDGS LTD | $631M | 47.2M | 3.86% | +24.2% | Added |
| 14 | WULF | TERAWULF INC | $596M | 24.1M | 3.65% | +21.2% | Added |
| 15 | CRS | CARPENTER TECHNOLOGY CORP | $594M | 962.8K | 3.63% | −47.0% | Trimmed |
| 16 | MTZ | MASTEC INC | $560M | 1.3M | 3.42% | −12.1% | Trimmed |
| 17 | APP | APPLOVIN CORP | $537M | 1.0M | 3.28% | −28.9% | Trimmed |
| 18 | TTMI | TTM TECHNOLOGIES INC | $512M | 2.7M | 3.13% | — | New |
| 19 | STRL | STERLING INFRASTRUCTURE INC | $512M | 609.6K | 3.13% | — | New |
| 20 | USFD | US FOODS HLDG CORP | $503M | 4.9M | 3.07% | +29.5% | Added |
| 21 | — | ON HLDG AG | $470M | 13.3M | 2.88% | — | New |
| 22 | LPLA | LPL FINL HLDGS INC | $343M | 1.2M | 2.10% | −40.5% | Trimmed |
| 23 | AGX | ARGAN INC | $294M | 368.7K | 1.80% | −6.2% | Trimmed |
| 24 | — | BITDEER TECHNOLOGIES GROUP | $111M | 7.0M | 0.68% | — | New |
| 25 | SHAZ | SHARONAI HOLDINGS INC | $102M | 1.2M | 0.63% | — | New |
| 26 | GOOGL | ALPHABET INC | $77M | 215.6K | 0.47% | +14.9% | Added |
| 27 | KGS | KODIAK GAS SVCS INC | $63M | 845.1K | 0.39% | — | New |
| 28 | V | VISA INC | $57M | 166.0K | 0.35% | +78.9% | Added |
| 29 | IBKR | INTERACTIVE BROKERS GROUP IN | $50M | 577.7K | 0.31% | — | New |
| 30 | TSM | TAIWAN SEMICONDUCTOR MANUFAC | $48M | 101.2K | 0.30% | −92.7% | Trimmed |
| 31 | SE | SEA LTD | $47M | 494.6K | 0.29% | — | New |
| 32 | MCK | MCKESSON CORP | $44M | 57.9K | 0.27% | −85.3% | Trimmed |
| 33 | TDG | TRANSDIGM GROUP INC | $38M | 28.5K | 0.23% | −20.0% | Trimmed |
| 34 | BN | BROOKFIELD CORP | $34M | 792.7K | 0.21% | −92.9% | Trimmed |
15 exited positions
Positions held in the preceding quarter and absent from this filing. Values and shares are from the preceding quarter.
| Ticker | Issuer | Previous value | Previous shares |
|---|---|---|---|
| VST | VISTRA CORP | $930M | 6.2M |
| TLN | TALEN ENERGY CORP | $580M | 1.8M |
| CLH | CLEAN HARBORS INC | $503M | 1.8M |
| THC | TENET HEALTHCARE CORP | $426M | 2.3M |
| COF | CAPITAL ONE FINL CORP | $414M | 2.3M |
| ENTG | ENTEGRIS INC | $365M | 3.1M |
| CIEN | CIENA CORP | $314M | 809.5K |
| VMC | VULCAN MATLS CO | $39M | 144.2K |
| SPOT | SPOTIFY TECHNOLOGY S A | $33M | 68.8K |
| MA | MASTERCARD INCORPORATED | $29M | 57.2K |
| APH | AMPHENOL CORP | $28M | 223.1K |
| HLT | HILTON WORLDWIDE HLDGS INC | $27M | 89.2K |
| KKR | KKR & CO INC | $17M | 179.3K |
| BKNG | BOOKING HOLDINGS INC | $10M | 2.4K |
| BSX | BOSTON SCIENTIFIC CORP | $7M | 104.7K |
Every quarter on file (53)
From the manager’s Form 13F-HR filings on SEC EDGAR, amendments applied. Long US positions only; not a recommendation.