Steve Mandel’s portfolio: Lone Pine Capital 13F holdings
Quarterly SEC 13F-HR filingsCIK 0001061165Latest: Q2 2026
Q3 2015 filing in brief
In its Q3 2015 13F, filed November 16, 2015, Lone Pine Capital reported $24.6B across 52 US positions. The largest: VALEANT PHARMACEUTICALS INTL (5.4%), PRICELINE GRP INC (5.0%), CHARTER COMMUNICATIONS INC D (4.7%), JD (4.6%), MSFT (4.6%). In the quarter it opened 10 positions, sold out of 14, added to 21 and trimmed 15; positions opened and sold out came to 32.1% 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 Nov 16, 2015
- 10 New
- 21 Added
- 15 Trimmed
- 14 Exited
52 positions at September 30, 2015. Q/Q change compares shares with the preceding quarter.
| Row | Ticker | Issuer | Status | ||||
|---|---|---|---|---|---|---|---|
| 1 | — | VALEANT PHARMACEUTICALS INTL | $1.3B | 7.5M | 5.42% | +40.5% | Added |
| 2 | — | PRICELINE GRP INC | $1.2B | 992.3K | 5.00% | −16.7% | Trimmed |
| 3 | — | CHARTER COMMUNICATIONS INC D | $1.2B | 6.6M | 4.69% | +21.8% | Added |
| 4 | JD | JD COM INC | $1.1B | 43.5M | 4.62% | +3.8% | Added |
| 5 | MSFT | MICROSOFT CORP | $1.1B | 25.3M | 4.57% | −4.7% | Trimmed |
| 6 | AMZN | AMAZON COM INC | $992M | 1.9M | 4.04% | — | New |
| 7 | META | FACEBOOK INC | $962M | 10.7M | 3.92% | +9.6% | Added |
| 8 | FLT1EUR | FLEETCOR TECHNOLOGIES INC | $885M | 6.4M | 3.61% | +17.4% | Added |
| 9 | MA | MASTERCARD INC | $752M | 8.3M | 3.06% | −14.2% | Trimmed |
| 10 | EQIX | EQUINIX INC | $725M | 2.7M | 2.95% | −11.8% | Trimmed |
| 11 | — | ALLERGAN PLC | $709M | 2.6M | 2.89% | +13.5% | Added |
| 12 | NKE | NIKE INC | $701M | 5.7M | 2.86% | −20.3% | Trimmed |
| 13 | V | VISA INC | $681M | 9.8M | 2.77% | +9.8% | Added |
| 14 | — | PROSHARES TR IIput option | $672M | 12.0M | 2.74% | 0.0% | Held |
| 15 | WMB | WILLIAMS COS INC DEL | $651M | 17.7M | 2.65% | +26.8% | Added |
| 16 | ILMN | ILLUMINA INC | $635M | 3.6M | 2.58% | −36.4% | Trimmed |
| 17 | EA | ELECTRONIC ARTS INC | $595M | 8.8M | 2.42% | +1005.5% | Added |
| 18 | LNG | CHENIERE ENERGY INC | $591M | 12.2M | 2.41% | +54.1% | Added |
| 19 | STZ | CONSTELLATION BRANDS INC | $587M | 4.7M | 2.39% | — | New |
| 20 | DVA | DAVITA HEALTHCARE PARTNERS I | $573M | 7.9M | 2.33% | +45.1% | Added |
| 21 | WBA | WALGREENS BOOTS ALLIANCE INC | $564M | 6.8M | 2.30% | +30.6% | Added |
| 22 | — | CHARTER COMMUNICATIONS INC Dcall option | $536M | 3.0M | 2.18% | 0.0% | Held |
| 23 | ULTA | ULTA SALON COSMETCS & FRAG I | $535M | 3.3M | 2.18% | +40.2% | Added |
| 24 | ADBE | ADOBE SYS INC | $511M | 6.2M | 2.08% | −33.0% | Trimmed |
| 25 | TDG | TRANSDIGM GROUP INC | $471M | 2.2M | 1.92% | 0.0% | Held |
| 26 | SCHW | SCHWAB CHARLES CORP NEW | $383M | 13.4M | 1.56% | +1689.7% | Added |
| 27 | MHK | MOHAWK INDS INC | $358M | 2.0M | 1.46% | +0.7% | Held |
| 28 | DLTR | DOLLAR TREE INC | $343M | 5.1M | 1.40% | — | New |
| 29 | HDB | HDFC BANK LTD | $327M | 5.3M | 1.33% | +165.5% | Added |
| 30 | AXP | AMERICAN EXPRESS COcall option | $319M | 4.3M | 1.30% | — | New |
| 31 | — | HORIZON PHARMA PLC | $309M | 15.6M | 1.26% | +386.8% | Added |
| 32 | DEO | DIAGEO P L Ccall option | $307M | 2.9M | 1.25% | 0.0% | Held |
| 33 | — | SBA COMMUNICATIONS CORP | $293M | 2.8M | 1.20% | −38.9% | Trimmed |
| 34 | — | MOBILEYE N V AMSTELVEEN | $291M | 6.4M | 1.18% | — | New |
| 35 | ATVIEUR | ACTIVISION BLIZZARD INC | $287M | 9.3M | 1.17% | — | New |
| 36 | VMC | VULCAN MATLS CO | $286M | 3.2M | 1.16% | −7.5% | Trimmed |
| 37 | — | ENDO INTL PLC | $267M | 3.9M | 1.09% | +8.1% | Added |
| 38 | FNF | FIDELITY NATIONAL FINANCIAL | $231M | 6.5M | 0.94% | −32.7% | Trimmed |
| 39 | HN9 | HANESBRANDS INC | $223M | 7.7M | 0.91% | +1.3% | Added |
| 40 | TAP | MOLSON COORS BREWING CO | $161M | 1.9M | 0.66% | — | New |
| 41 | — | BARCLAYS BK PLCput option | $141M | 5.5M | 0.57% | 0.0% | Held |
| 42 | ANET | ARISTA NETWORKS INC | $133M | 2.2M | 0.54% | +14.8% | Added |
| 43 | EXPE | EXPEDIA INC DEL | $129M | 1.1M | 0.52% | — | New |
| 44 | KSUEUR | KANSAS CITY SOUTHERN | $127M | 1.4M | 0.52% | +504.8% | Added |
| 45 | GRA1EUR | GRACE W R & CO DEL NEW | $126M | 1.4M | 0.51% | +12.0% | Added |
| 46 | FNF | FIDELITY NATIONAL FINANCIALcall option | $68M | 1.9M | 0.28% | −5.0% | Trimmed |
| 47 | SHLDEUR | SEARS HLDGS CORPput option | $45M | 2.0M | 0.19% | −7.1% | Trimmed |
| 48 | — | REALOGY HLDGS CORP | $37M | 979.2K | 0.15% | −90.6% | Trimmed |
| 49 | CSX | CSX CORPcall option | $36M | 1.3M | 0.15% | −51.8% | Trimmed |
| 50 | MSFT | MICROSOFT CORPcall option | $34M | 775.6K | 0.14% | −72.6% | Trimmed |
| 51 | DEO | DIAGEO P L C | $108K | 1.0K | 0.00% | — | New |
| 52 | AXP | AMERICAN EXPRESS CO | $74K | 1.0K | 0.00% | — | 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 |
|---|---|---|---|
| — | CURRENCYSHARES EURO TRput option | $2.2B | 20.0M |
| LOW | LOWES COS INC | $472M | 7.1M |
| HCA | HCA HOLDING INC | $454M | 5.0M |
| — | MCGRAW HILL FINL INC | $364M | 3.6M |
| ADSK | AUTODESK INC | $308M | 6.2M |
| SUNEQUSD | SUNEDISON INC | $289M | 9.7M |
| AAP | ADVANCE AUTO PARTS INC | $194M | 1.2M |
| WMB | WILLIAMS COS INC DELcall option | $189M | 3.3M |
| — | LIBERTY MEDIA CORP DELAWARE | $164M | 4.6M |
| MTG | MGIC INVT CORP WIS | $141M | 12.4M |
| — | SOLARWINDS INC | $116M | 2.5M |
| — | LIBERTY MEDIA CORP DELAWARE | $109M | 3.0M |
| — | PERRIGO CO PLC | $69M | 375.9K |
| CSX | CSX CORP | $68M | 2.1M |
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.