Steve Mandel’s portfolio: Lone Pine Capital 13F holdings
Quarterly SEC 13F-HR filingsCIK 0001061165Latest: Q2 2026
Q1 2016 filing in brief
In its Q1 2016 13F, filed May 16, 2016, Lone Pine Capital reported $20.1B across 41 US positions. The largest: MSFT (7.1%), META (6.5%), AMZN (5.9%), PRICELINE GRP INC (5.1%), DLTR (4.8%). In the quarter it opened 6 positions, sold out of 12, added to 12 and trimmed 19; positions opened and sold out came to 25.1% 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 May 16, 2016
- 6 New
- 12 Added
- 19 Trimmed
- 12 Exited
41 positions at March 31, 2016. Q/Q change compares shares with the preceding quarter.
| Row | Ticker | Issuer | Status | ||||
|---|---|---|---|---|---|---|---|
| 1 | MSFT | MICROSOFT CORP | $1.4B | 25.8M | 7.08% | −5.5% | Trimmed |
| 2 | META | FACEBOOK INC | $1.3B | 11.4M | 6.48% | +16.6% | Added |
| 3 | AMZN | AMAZON COM INC | $1.2B | 2.0M | 5.87% | −10.0% | Trimmed |
| 4 | — | PRICELINE GRP INC | $1.0B | 791.6K | 5.08% | −5.1% | Trimmed |
| 5 | DLTR | DOLLAR TREE INC | $957M | 11.6M | 4.76% | −12.0% | Trimmed |
| 6 | — | CHARTER COMMUNICATIONS INC D | $929M | 4.6M | 4.62% | −2.9% | Trimmed |
| 7 | STZ | CONSTELLATION BRANDS INC | $891M | 5.9M | 4.43% | +10.2% | Added |
| 8 | FLT1EUR | FLEETCOR TECHNOLOGIES INC | $878M | 5.9M | 4.37% | −8.2% | Trimmed |
| 9 | EQIX | EQUINIX INC | $769M | 2.3M | 3.82% | +10.1% | Added |
| 10 | NKE | NIKE INC | $737M | 12.0M | 3.67% | +4.4% | Added |
| 11 | ULTA | ULTA SALON COSMETICS & FRAG I | $652M | 3.4M | 3.24% | −6.0% | Trimmed |
| 12 | NOC | NORTHROP GRUMMAN CORP | $643M | 3.2M | 3.20% | +52.4% | Added |
| 13 | JD | JD COM INC | $585M | 22.1M | 2.91% | −18.2% | Trimmed |
| 14 | GOOG | ALPHABET INC | $580M | 778.9K | 2.89% | +88.8% | Added |
| 15 | V | VISA INC | $572M | 7.5M | 2.85% | −41.4% | Trimmed |
| 16 | GOOGL | ALPHABET INC | $493M | 645.9K | 2.45% | +59.7% | Added |
| 17 | MA | MASTERCARD INC | $480M | 5.1M | 2.39% | −17.5% | Trimmed |
| 18 | — | ALLERGAN PLC | $480M | 1.8M | 2.39% | — | New |
| 19 | ADBE | ADBOE SYS INC | $476M | 5.1M | 2.37% | +26.4% | Added |
| 20 | TDG | TRANSDIGM GROUP INC | $467M | 2.1M | 2.32% | −2.5% | Trimmed |
| 21 | LNG | CHENIERE ENERGY INC | $436M | 12.9M | 2.17% | +2.3% | Added |
| 22 | — | BAXALTA INC | $428M | 10.6M | 2.13% | — | New |
| 23 | PYPL | PAYPAL HLDGS INC | $403M | 10.4M | 2.00% | — | New |
| 24 | HDB | HDFC BANK LTD | $362M | 5.9M | 1.80% | 0.0% | Held |
| 25 | LULU | LULULEMON ATHLETICA INC | $351M | 5.2M | 1.75% | −18.3% | Trimmed |
| 26 | MHK | MOHAWK INDS INC | $347M | 1.8M | 1.73% | −3.6% | Trimmed |
| 27 | VMC | VULCAN MATLS CO | $343M | 3.2M | 1.71% | +11.9% | Added |
| 28 | DEO | DIAGEO P L Ccall option | $307M | 2.9M | 1.53% | 0.0% | Held |
| 29 | ILMN | ILLUMINA INC | $272M | 1.7M | 1.35% | −53.6% | Trimmed |
| 30 | BUD | ANHEUSER BUSCH INBEV SA/NV | $234M | 1.9M | 1.16% | +26.2% | Added |
| 31 | — | HORIZON PHARMA PLC | $232M | 14.0M | 1.15% | −10.3% | Trimmed |
| 32 | PXDEUR | PIONEER NAT RES CO | $187M | 1.3M | 0.93% | −44.5% | Trimmed |
| 33 | MNST | MONSTER BEVERAGE CORP NEW | $149M | 1.1M | 0.74% | — | New |
| 34 | EA | ELECTRONIC ARTS INC | $126M | 1.9M | 0.63% | −70.3% | Trimmed |
| 35 | YUM | YUM BRANDS INC | $124M | 1.5M | 0.62% | — | New |
| 36 | ANET | ARISTA NETWORKS INC | $118M | 1.9M | 0.59% | −14.0% | Trimmed |
| 37 | — | PROSHARES TR IIput option | $58M | 3.0M | 0.29% | −50.0% | Trimmed |
| 38 | — | BARCLAYS BK PLCput option | $53M | 3.0M | 0.26% | 0.0% | Held |
| 39 | SHLDEUR | SEARS HLDS CORPput option | $31M | 2.0M | 0.15% | 0.0% | Held |
| 40 | VISN | COMMSCOPE HOLDING CO INC | $24M | 853.0K | 0.12% | — | New |
| 41 | AXP | AMERICAN EXPRESS CO | $2M | 25.0K | 0.01% | +1851.6% | Added |
12 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 |
|---|---|---|---|
| WMB | WILLIAMS COS INC DEL | $744M | 28.9M |
| — | VALEANT PHARMACEUTICALS INTL | $593M | 5.8M |
| WBA | WALGREENS BOOTS ALLIANCE INC | $578M | 6.8M |
| ATVIEUR | ACTIVISION BLIZZARD INC | $436M | 11.3M |
| ADSK | AUTODESK INC | $349M | 5.7M |
| AXP | AMERICAN EXPRESS COcall option | $299M | 4.3M |
| — | EXPRESS SCRIPTS HLDG CO | $279M | 3.2M |
| HN9 | HANESBRANDS INC | $275M | 9.3M |
| TAP | MOLSON COORS BREWING CO | $221M | 2.4M |
| FNF | FIDELITY NATIONAL FINANCIALcall option | $61M | 1.8M |
| CSX | CSX CORPcall option | $14M | 534.3K |
| DEO | DIAGEO P L C | $140K | 1.3K |
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.