Steve Mandel’s portfolio: Lone Pine Capital 13F holdings
Quarterly SEC 13F-HR filingsCIK 0001061165Latest: Q2 2026
Q1 2015 filing in brief
In its Q1 2015 13F, filed May 15, 2015, Lone Pine Capital reported $26.4B across 54 US positions. The largest: PRICELINE GRP INC (5.9%), JD (4.3%), MA (4.2%), VALEANT PHARMACEUTICALS INTL (4.2%), BIDU (4.2%). In the quarter it opened 20 positions, sold out of 14, added to 10 and trimmed 19; positions opened and sold out came to 45.3% 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 May 15, 2015
- 20 New
- 10 Added
- 19 Trimmed
- 14 Exited
54 positions at March 31, 2015. Q/Q change compares shares with the preceding quarter.
| Row | Ticker | Issuer | Status | ||||
|---|---|---|---|---|---|---|---|
| 1 | — | CURRENCYSHARES EURO TRput option | $2.1B | 20.0M | 8.00% | — | New |
| 2 | — | PRICELINE GRP INC | $1.5B | 1.3M | 5.86% | −4.9% | Trimmed |
| 3 | JD | JD COM INC | $1.1B | 38.5M | 4.28% | +336.9% | Added |
| 4 | MA | MASTERCARD INC | $1.1B | 13.0M | 4.24% | −35.2% | Trimmed |
| 5 | — | VALEANT PHARMACEUTICALS INTL | $1.1B | 5.6M | 4.19% | −32.5% | Trimmed |
| 6 | BIDU | BAIDU INC | $1.1B | 5.3M | 4.17% | −24.9% | Trimmed |
| 7 | ADBE | ADOBE SYS INC | $891M | 12.0M | 3.37% | −1.1% | Trimmed |
| 8 | AAPL | APPLE INC | $851M | 6.8M | 3.22% | +213.1% | Added |
| 9 | FLT1EUR | FLEETCOR TECHNOLOGIES INC | $827M | 5.5M | 3.13% | −14.9% | Trimmed |
| 10 | — | SBA COMMUNICATIONS CORP | $757M | 6.5M | 2.86% | −11.4% | Trimmed |
| 11 | — | MICHAEL KORS HLDGS LTD | $738M | 11.2M | 2.79% | +1.4% | Added |
| 12 | META | FACEBOOK INC | $667M | 8.1M | 2.52% | −40.0% | Trimmed |
| 13 | — | CHARTER COMMUNICATIONS INC D | $643M | 3.3M | 2.43% | +1.8% | Added |
| 14 | EQIX | EQUINIX INC | $636M | 2.7M | 2.41% | — | New |
| 15 | V | VISA INC | $622M | 9.5M | 2.35% | +436.8% | Added |
| 16 | LNG | CHENIERE ENERGY INC | $621M | 8.0M | 2.35% | −9.1% | Trimmed |
| 17 | WMB | WILLIAMS COS INC DEL | $608M | 12.0M | 2.30% | — | New |
| 18 | MSFT | MICROSOFT CORP | $589M | 14.5M | 2.23% | +165.8% | Added |
| 19 | — | CANADIAN PAC RY LTD | $575M | 3.1M | 2.18% | −12.2% | Trimmed |
| 20 | NKE | NIKE INC | $570M | 5.7M | 2.16% | — | New |
| 21 | — | ACTAVIS PLC | $545M | 1.8M | 2.06% | — | New |
| 22 | ILMN | ILLUMINA INC | $537M | 2.9M | 2.03% | — | New |
| 23 | TDG | TRANSDIGM GROUP INC | $485M | 2.2M | 1.83% | +24.0% | Added |
| 24 | ADSK | AUTODESK INC | $475M | 8.1M | 1.80% | −44.0% | Trimmed |
| 25 | — | REALOGY HLDGS CORP | $473M | 10.4M | 1.79% | 0.0% | Held |
| 26 | — | MCGRAW HILL FINL INC | $473M | 4.6M | 1.79% | −37.9% | Trimmed |
| 27 | DVA | DAVITA HEALTHCARE PARTNERS I | $443M | 5.5M | 1.68% | +38.5% | Added |
| 28 | LOW | LOWES COS INC | $440M | 5.9M | 1.67% | — | New |
| 29 | HCA | HCA HOLDING INC | $439M | 5.8M | 1.66% | 0.0% | Held |
| 30 | ULTA | ULTA SALON COSMETCS & FRAG I | $373M | 2.5M | 1.41% | −26.0% | Trimmed |
| 31 | MHK | MOHAWK INDS INC | $364M | 2.0M | 1.38% | −20.6% | Trimmed |
| 32 | VIPS | VIPSHOP HLDGS LTD | $322M | 10.9M | 1.22% | −21.5% | Trimmed |
| 33 | — | BARCLAYS BK PLCput option | $298M | 11.6M | 1.13% | +84.7% | Added |
| 34 | — | ENDO INTL PLC | $293M | 3.3M | 1.11% | — | New |
| 35 | FNF | FIDELITY NATIONAL FINANCIAL | $289M | 7.9M | 1.09% | — | New |
| 36 | GRA1EUR | GRACE W R & CO DEL NEW | $287M | 2.9M | 1.09% | 0.0% | Held |
| 37 | SUNEQUSD | SUNEDISON INC | $269M | 11.2M | 1.02% | — | New |
| 38 | WBA | WALGREENS BOOTS ALLIANCE INC | $219M | 2.6M | 0.83% | −27.3% | Trimmed |
| 39 | — | PROSHARES TR IIput option | $181M | 12.0M | 0.68% | — | New |
| 40 | — | LIBERTY MEDIA CORP DELAWARE | $172M | 4.5M | 0.65% | — | New |
| 41 | CDK | CDK GLOBAL INC | $123M | 2.6M | 0.47% | −8.9% | Trimmed |
| 42 | — | SOLARWINDS INC | $122M | 2.4M | 0.46% | 0.0% | Held |
| 43 | VMC | VULCAN MATLS CO | $120M | 1.4M | 0.45% | — | New |
| 44 | MTG | MGIC INVT CORP WIS | $119M | 12.4M | 0.45% | — | New |
| 45 | HDB | HDFC BANK LTD | $119M | 2.0M | 0.45% | — | New |
| 46 | MSFT | MICROSOFT CORPcall option | $115M | 2.8M | 0.44% | — | New |
| 47 | — | LIBERTY MEDIA CORP DELAWARE | $106M | 2.8M | 0.40% | — | New |
| 48 | ANET | ARISTA NETWORKS INC | $105M | 1.5M | 0.40% | +12.5% | Added |
| 49 | WMB | WILLIAMS COS INC DELcall option | $90M | 1.8M | 0.34% | — | New |
| 50 | SHLDEUR | SEARS HLDGS CORPput option | $90M | 2.2M | 0.34% | 0.0% | Held |
| 51 | FNF | FIDELITY NATIONAL FINANCIALcall option | $74M | 2.0M | 0.28% | — | New |
| 52 | CTSH | COGNIZANT TECHNOLOGY SOLUTIO | $68M | 1.1M | 0.26% | −91.1% | Trimmed |
| 53 | — | JAZZ PHARMACEUTICALS PLC | $45M | 261.0K | 0.17% | −86.1% | Trimmed |
| 54 | — | TRANSOCEAN LTDput option | $35M | 2.4M | 0.13% | — | New |
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 |
|---|---|---|---|
| DG | DOLLAR GEN CORP NEW | $913M | 12.9M |
| — | EQUINIX INC | $882M | 3.9M |
| TIFEUR | TIFFANY & CO NEW | $646M | 6.0M |
| — | COOPER COS INC | $284M | 1.8M |
| HUM | HUMANA INC | $275M | 1.9M |
| NFLX | NETFLIX INC | $266M | 779.6K |
| ICE | INTERCONTINENTAL EXCHANGE IN | $251M | 1.1M |
| UAA | UNDER ARMOUR INC | $106M | 1.6M |
| INTC | INTEL CORPput option | $84M | 2.3M |
| CVLT | COMMVAULT SYSTEMS INC | $68M | 1.3M |
| ICE | INTERCONTINENTAL EXCHANGE INcall option | $53M | 240.0K |
| WBA | WALGREENS BOOTS ALLIANCE INCcall option | $46M | 600.0K |
| WDAY | WORKDAY INC | $43M | 527.5K |
| WYNN | WYNN RESORTS LTD | $42M | 285.0K |
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.