Steve Mandel’s portfolio: Lone Pine Capital 13F holdings
Quarterly SEC 13F-HR filingsCIK 0001061165Latest: Q2 2026
Q2 2014 filing in brief
In its Q2 2014 13F, filed August 14, 2014, Lone Pine Capital reported $24.7B across 53 US positions. The largest: BIDU (6.7%), CTSH (5.8%), VALEANT PHARMACEUTICALS INTL (5.1%), MSFT (4.4%), MCGRAW HILL FINL INC (4.2%). In the quarter it opened 15 positions, sold out of 14, added to 18 and trimmed 14; positions opened and sold out came to 26.4% 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, 2014
- 15 New
- 18 Added
- 14 Trimmed
- 14 Exited
53 positions at June 30, 2014. Q/Q change compares shares with the preceding quarter.
| Row | Ticker | Issuer | Status | ||||
|---|---|---|---|---|---|---|---|
| 1 | BIDU | BAIDU INC | $1.7B | 8.9M | 6.74% | +14.2% | Added |
| 2 | CTSH | COGNIZANT TECHNOLOGY SOLUTIO | $1.4B | 29.5M | 5.83% | +2.7% | Added |
| 3 | — | VALEANT PHARMACEUTICALS INTL | $1.3B | 10.1M | 5.14% | +14.4% | Added |
| 4 | MSFT | MICROSOFT CORP | $1.1B | 26.3M | 4.44% | −6.1% | Trimmed |
| 5 | — | MCGRAW HILL FINL INC | $1.0B | 12.5M | 4.20% | +13.7% | Added |
| 6 | — | MICHAEL KORS HLDGS LTD | $1.0B | 11.5M | 4.13% | +27.4% | Added |
| 7 | — | SBA COMMUNICATIONS CORP | $890M | 8.7M | 3.60% | −2.7% | Trimmed |
| 8 | MA | MASTERCARD INC | $864M | 11.8M | 3.49% | +61.3% | Added |
| 9 | ADBE | ADOBE SYS INC | $860M | 11.9M | 3.48% | +80.1% | Added |
| 10 | — | PRICELINE GRP INC | $832M | 691.6K | 3.36% | +138.4% | Added |
| 11 | GAP | GAP INC DEL | $801M | 19.3M | 3.24% | −3.3% | Trimmed |
| 12 | FLT1EUR | FLEETCOR TECHNOLOGIES INC | $796M | 6.0M | 3.22% | +11.0% | Added |
| 13 | — | LIBERTY GLOBAL PLC | $669M | 15.8M | 2.70% | −25.7% | Trimmed |
| 14 | CMCSA | COMCAST CORP NEW | $652M | 12.2M | 2.64% | — | New |
| 15 | ICE | INTERCONTINENTAL EXCHANGE IN | $643M | 3.4M | 2.60% | +2.6% | Added |
| 16 | — | CANADIAN PAC RY LTD | $636M | 3.5M | 2.57% | — | New |
| 17 | — | CROWN CASTLE INTL CORP | $626M | 8.4M | 2.53% | −7.0% | Trimmed |
| 18 | — | TWENTY FIRST CENTY FOX INC | $564M | 16.0M | 2.28% | −19.8% | Trimmed |
| 19 | — | ACTAVIS PLC | $553M | 2.5M | 2.23% | +4.2% | Added |
| 20 | — | REALOGY HLDGS CORP | $515M | 13.7M | 2.08% | +5.8% | Added |
| 21 | — | EQUINIX INC | $483M | 2.3M | 1.95% | +2.0% | Added |
| 22 | ULTA | ULTA SALON COSMETCS & FRAG I | $476M | 5.2M | 1.92% | 0.0% | Held |
| 23 | WYNN | WYNN RESORTS LTD | $430M | 2.1M | 1.74% | +74.8% | Added |
| 24 | TIFEUR | TIFFANY & CO NEW | $425M | 4.2M | 1.72% | +60.1% | Added |
| 25 | LPLA | LPL FINL HLDGS INC | $424M | 8.5M | 1.71% | 0.0% | Held |
| 26 | DG | DOLLAR GEN CORP NEW | $408M | 7.1M | 1.65% | −31.2% | Trimmed |
| 27 | WDAY | WORKDAY INC | $316M | 3.5M | 1.28% | +17.7% | Added |
| 28 | — | JAZZ PHARMACEUTICALS PLC | $307M | 2.1M | 1.24% | −11.0% | Trimmed |
| 29 | AN | AUTONATION INC | $302M | 5.1M | 1.22% | +26.9% | Added |
| 30 | OII | OCEANEERING INTL INC | $298M | 3.8M | 1.20% | 0.0% | Held |
| 31 | — | LIBERTY GLOBAL PLC | $288M | 6.5M | 1.17% | −6.6% | Trimmed |
| 32 | WMB | WILLIAMS COS INC DEL | $285M | 4.9M | 1.15% | — | New |
| 33 | UAA | UNDER ARMOUR INC | $283M | 4.7M | 1.14% | — | New |
| 34 | — | SOLARWINDS INC | $252M | 6.5M | 1.02% | 0.0% | Held |
| 35 | — | SOUFUN HLDGS LTD | $248M | 25.4M | 1.00% | +473.0% | Added |
| 36 | JD | JD COM INC | $240M | 8.4M | 0.97% | — | New |
| 37 | SAVEEUR | SPIRIT AIRLS INC | $221M | 3.5M | 0.89% | — | New |
| 38 | — | LUMBER LIQUIDATORS HLDGS INC | $199M | 2.6M | 0.80% | 0.0% | Held |
| 39 | — | BARCLAYS BK PLCput option | $180M | 6.3M | 0.73% | −36.9% | Trimmed |
| 40 | TDG | TRANSDIGM GROUP INC | $164M | 979.4K | 0.66% | −5.3% | Trimmed |
| 41 | BIDU | BAIDU INCcall option | $146M | 780.0K | 0.59% | — | New |
| 42 | TRIP | TRIPADVISOR INC | $119M | 1.1M | 0.48% | — | New |
| 43 | AAL | AMERICAN AIRLS GROUP INC | $115M | 2.7M | 0.47% | — | New |
| 44 | WSM | WILLIAMS SONOMA INC | $106M | 1.5M | 0.43% | — | New |
| 45 | SHLDEUR | SEARS HLDGS CORPput option | $100M | 2.5M | 0.40% | −3.1% | Trimmed |
| 46 | CMCSA | COMCAST CORP NEWcall option | $98M | 1.8M | 0.40% | — | New |
| 47 | CTRPUSD | CTRIP COM INTL LTD | $74M | 1.2M | 0.30% | 0.0% | Held |
| 48 | GAP | GAP INC DELcall option | $72M | 1.7M | 0.29% | — | New |
| 49 | INTC | INTEL CORPput option | $72M | 2.3M | 0.29% | — | New |
| 50 | MSFT | MICROSOFT CORPcall option | $58M | 1.4M | 0.24% | −30.7% | Trimmed |
| 51 | LNG | CHENIERE ENERGY INC | $41M | 567.6K | 0.16% | — | New |
| 52 | ANET | ARISTA NETWORKS INC | $33M | 529.1K | 0.13% | — | New |
| 53 | IBN | ICICI BK LTD | $33M | 659.7K | 0.13% | −88.5% | Trimmed |
14 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 |
|---|---|---|---|
| — | MONSANTO CO NEW | $656M | 5.8M |
| QCOM | QUALCOMM INC | $515M | 6.5M |
| WYNEUR | WYNDHAM WORLDWIDE CORP | $357M | 4.9M |
| — | B/E AEROSPACE INC | $295M | 3.4M |
| — | ENDO INTL PLC | $287M | 4.2M |
| DVA | DAVITA HEALTHCARE PARTNERS I | $252M | 3.7M |
| — | DSW INC | $249M | 7.0M |
| QCOM | QUALCOMM INCcall option | $136M | 1.7M |
| ASML | ASML HOLDING N V | $127M | 1.4M |
| META | FACEBOOK INC | $120M | 2.0M |
| — | COACH INC | $78M | 1.6M |
| PRKS | SEAWORLD ENTMT INC | $64M | 2.1M |
| — | YANDEX N V | $30M | 988.0K |
| ICE | INTERCONTINENTALEXCHANGE GROcall option | $12M | 60.6K |
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.