Steve Mandel’s portfolio: Lone Pine Capital 13F holdings
Quarterly SEC 13F-HR filingsCIK 0001061165Latest: Q2 2026
Q4 2014 filing in brief
In its Q4 2014 13F, filed February 17, 2015, Lone Pine Capital reported $23.9B across 48 US positions. The largest: MA (7.2%), BIDU (6.7%), PRICELINE GRP INC (6.7%), VALEANT PHARMACEUTICALS INTL (5.0%), META (4.4%). In the quarter it opened 13 positions, sold out of 13, added to 12 and trimmed 19; positions opened and sold out came to 32.5% 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 Feb 17, 2015
- 13 New
- 12 Added
- 19 Trimmed
- 13 Exited
48 positions at December 31, 2014. Q/Q change compares shares with the preceding quarter.
| Row | Ticker | Issuer | Status | ||||
|---|---|---|---|---|---|---|---|
| 1 | MA | MASTERCARD INC | $1.7B | 20.0M | 7.24% | +32.8% | Added |
| 2 | BIDU | BAIDU INC | $1.6B | 7.0M | 6.72% | −14.1% | Trimmed |
| 3 | — | PRICELINE GRP INC | $1.6B | 1.4M | 6.68% | +91.7% | Added |
| 4 | — | VALEANT PHARMACEUTICALS INTL | $1.2B | 8.3M | 4.95% | −24.9% | Trimmed |
| 5 | META | FACEBOOK INC | $1.1B | 13.5M | 4.42% | +56.3% | Added |
| 6 | FLT1EUR | FLEETCOR TECHNOLOGIES INC | $957M | 6.4M | 4.01% | −2.3% | Trimmed |
| 7 | DG | DOLLAR GEN CORP NEW | $913M | 12.9M | 3.83% | +38.8% | Added |
| 8 | ADBE | ADOBE SYS INC | $885M | 12.2M | 3.71% | +6.2% | Added |
| 9 | — | EQUINIX INC | $882M | 3.9M | 3.70% | +46.9% | Added |
| 10 | ADSK | AUTODESK INC | $869M | 14.5M | 3.64% | +228.6% | Added |
| 11 | — | MICHAEL KORS HLDGS LTD | $832M | 11.1M | 3.49% | −30.6% | Trimmed |
| 12 | — | SBA COMMUNICATIONS CORP | $808M | 7.3M | 3.39% | −15.9% | Trimmed |
| 13 | — | CANADIAN PAC RY LTD | $691M | 3.6M | 2.90% | +2.2% | Added |
| 14 | — | MCGRAW HILL FINL INC | $656M | 7.4M | 2.75% | −32.0% | Trimmed |
| 15 | TIFEUR | TIFFANY & CO NEW | $646M | 6.0M | 2.71% | −11.7% | Trimmed |
| 16 | CTSH | COGNIZANT TECHNOLOGY SOLUTIO | $644M | 12.2M | 2.70% | −32.3% | Trimmed |
| 17 | LNG | CHENIERE ENERGY INC | $621M | 8.8M | 2.60% | +27.7% | Added |
| 18 | — | CHARTER COMMUNICATIONS INC D | $545M | 3.3M | 2.28% | +5.3% | Added |
| 19 | V | VISA INC | $464M | 1.8M | 1.95% | — | New |
| 20 | — | REALOGY HLDGS CORP | $463M | 10.4M | 1.94% | −23.8% | Trimmed |
| 21 | HCA | HCA HOLDINGS INC | $428M | 5.8M | 1.80% | — | New |
| 22 | ULTA | ULTA SALON COSMETCS & FRAG I | $428M | 3.3M | 1.79% | −35.7% | Trimmed |
| 23 | MHK | MOHAWK INDS INC | $383M | 2.5M | 1.61% | −20.2% | Trimmed |
| 24 | TDG | TRANSDIGM GROUP INC | $351M | 1.8M | 1.47% | 0.0% | Held |
| 25 | — | JAZZ PHARMACEUTICALS PLC | $308M | 1.9M | 1.29% | +5.3% | Added |
| 26 | DVA | DAVITA HEALTHCARE PARTNERS I | $298M | 3.9M | 1.25% | — | New |
| 27 | — | COOPER COS INC | $284M | 1.8M | 1.19% | — | New |
| 28 | GRA1EUR | GRACE W R & CO DEL NEW | $277M | 2.9M | 1.16% | — | New |
| 29 | HUM | HUMANA INC | $275M | 1.9M | 1.15% | −12.1% | Trimmed |
| 30 | VIPS | VIPSHOP HLDGS LTD | $272M | 13.9M | 1.14% | — | New |
| 31 | WBA | WALGREENS BOOTS ALLIANCE INC | $271M | 3.6M | 1.14% | — | New |
| 32 | NFLX | NETFLIX INC | $266M | 779.6K | 1.12% | — | New |
| 33 | MSFT | MICROSOFT CORP | $253M | 5.4M | 1.06% | −75.6% | Trimmed |
| 34 | ICE | INTERCONTINENTAL EXCHANGE IN | $251M | 1.1M | 1.05% | −13.1% | Trimmed |
| 35 | AAPL | APPLE INC | $241M | 2.2M | 1.01% | — | New |
| 36 | JD | JD COM INC | $204M | 8.8M | 0.86% | — | New |
| 37 | — | BARCLAYS BK PLCput option | $199M | 6.3M | 0.83% | 0.0% | Held |
| 38 | — | SOLARWINDS INC | $119M | 2.4M | 0.50% | −63.4% | Trimmed |
| 39 | CDK | CDK GLOBAL INC | $118M | 2.9M | 0.49% | — | New |
| 40 | UAA | UNDER ARMOUR INC | $106M | 1.6M | 0.44% | −65.5% | Trimmed |
| 41 | INTC | INTEL CORPput option | $84M | 2.3M | 0.35% | 0.0% | Held |
| 42 | ANET | ARISTA NETWORKS INC | $81M | 1.3M | 0.34% | +83.5% | Added |
| 43 | SHLDEUR | SEARS HLDGS CORPput option | $71M | 2.2M | 0.30% | −27.6% | Trimmed |
| 44 | CVLT | COMMVAULT SYSTEMS INC | $68M | 1.3M | 0.29% | — | New |
| 45 | ICE | INTERCONTINENTAL EXCHANGE INcall option | $53M | 240.0K | 0.22% | 0.0% | Held |
| 46 | WBA | WALGREENS BOOTS ALLIANCE INCcall option | $46M | 600.0K | 0.19% | — | New |
| 47 | WDAY | WORKDAY INC | $43M | 527.5K | 0.18% | −85.0% | Trimmed |
| 48 | WYNN | WYNN RESORTS LTD | $42M | 285.0K | 0.18% | −89.8% | Trimmed |
13 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 |
|---|---|---|---|
| GAP | GAP INC DEL | $803M | 19.3M |
| CMCSA | COMCAST CORP NEW | $741M | 13.8M |
| — | CROWN CASTLE INTL CORP | $632M | 7.8M |
| — | ACTAVIS PLC | $598M | 2.5M |
| LPLA | LPL FINL HLDGS INC | $392M | 8.5M |
| ABBV | ABBVIE INC | $303M | 5.2M |
| SAVEEUR | SPIRIT AIRLS INC | $295M | 4.3M |
| WSM | WILLIAMS SONOMA INC | $292M | 4.4M |
| TRIP | TRIPADVISOR INC | $253M | 2.8M |
| — | LIBERTY GLOBAL PLC | $183M | 4.5M |
| TWXCHF | TIME WARNER INC | $129M | 1.7M |
| CMCSA | COMCAST CORP NEWcall option | $98M | 1.8M |
| GAP | GAP INC DELcall option | $73M | 1.7M |
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.