Steve Mandel’s portfolio: Lone Pine Capital 13F holdings
Quarterly SEC 13F-HR filingsCIK 0001061165Latest: Q2 2026
Q3 2016 filing in brief
In its Q3 2016 13F, filed November 14, 2016, Lone Pine Capital reported $22.4B across 40 US positions. The largest: CHTR (6.3%), DLTR (5.4%), EBAY (4.9%), AMZN (4.8%), STZ (4.1%). In the quarter it opened 13 positions, sold out of 11, added to 6 and trimmed 19; positions opened and sold out came to 35.6% 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 14, 2016
- 13 New
- 6 Added
- 19 Trimmed
- 11 Exited
40 positions at September 30, 2016. Q/Q change compares shares with the preceding quarter.
| Row | Ticker | Issuer | Status | ||||
|---|---|---|---|---|---|---|---|
| 1 | CHTR | CHARTER COMMUNICATIONS INC N | $1.4B | 5.3M | 6.33% | +9.6% | Added |
| 2 | DLTR | DOLLAR TREE INC | $1.2B | 15.4M | 5.42% | +15.2% | Added |
| 3 | EBAY | EBAY INC | $1.1B | 33.2M | 4.87% | — | New |
| 4 | AMZN | AMAZON COM INC | $1.1B | 1.3M | 4.83% | −21.4% | Trimmed |
| 5 | STZ | CONSTELLATION BRANDS INC | $927M | 5.6M | 4.14% | −16.5% | Trimmed |
| 6 | NKE | NIKE INC | $919M | 17.5M | 4.10% | −4.7% | Trimmed |
| 7 | FLT1EUR | FLEETCOR TECHNOLOGIES INC | $847M | 4.9M | 3.78% | −15.2% | Trimmed |
| 8 | — | PRICELINE GRP INC | $846M | 574.7K | 3.78% | −48.7% | Trimmed |
| 9 | MSFT | MICROSOFT CORP | $836M | 14.5M | 3.73% | −16.1% | Trimmed |
| 10 | EXPE | EXPEDIA INC DEL | $834M | 7.1M | 3.72% | — | New |
| 11 | META | FACEBOOK INC | $801M | 6.2M | 3.58% | −42.9% | Trimmed |
| 12 | ATVIEUR | ACTIVISION BLIZZARD INC | $766M | 17.3M | 3.42% | +68.0% | Added |
| 13 | EA | ELECTRONIC ARTS INC | $736M | 8.6M | 3.29% | +142.4% | Added |
| 14 | ULTA | ULTA SALON COSMETCS & FRAG I | $702M | 3.0M | 3.14% | −11.5% | Trimmed |
| 15 | GOOG | ALPHABET INC | $656M | 843.4K | 2.93% | −4.6% | Trimmed |
| 16 | TDG | TRANSDIGM GROUP INC | $651M | 2.3M | 2.91% | −5.4% | Trimmed |
| 17 | EQIX | EQUINIX INC | $648M | 1.8M | 2.89% | −15.9% | Trimmed |
| 18 | MNST | MONSTER BEVERAGE CORP NEW | $609M | 4.1M | 2.72% | +0.2% | Held |
| 19 | YUM | YUM BRANDS INC | $569M | 6.3M | 2.54% | −37.2% | Trimmed |
| 20 | VMC | VULCAN MATLS CO | $569M | 5.0M | 2.54% | +32.5% | Added |
| 21 | BABA | ALIBABA GROUP HLDG LTD | $545M | 5.2M | 2.43% | — | New |
| 22 | ADBE | ADOBE SYS INC | $501M | 4.6M | 2.24% | −7.6% | Trimmed |
| 23 | LNG | CHENIERE ENERGY INC | $468M | 10.7M | 2.09% | −16.6% | Trimmed |
| 24 | TV | GRUPO TELEVISA SA | $464M | 18.1M | 2.07% | — | New |
| 25 | — | BROADCOM LTD | $450M | 2.6M | 2.01% | — | New |
| 26 | — | HILTON WORLDWIDE HLDGS INC | $449M | 19.6M | 2.01% | — | New |
| 27 | LULU | LULULEMON ATHLETICA INC | $341M | 5.6M | 1.52% | −24.6% | Trimmed |
| 28 | — | SHIRE PLC | $329M | 1.7M | 1.47% | −33.0% | Trimmed |
| 29 | ICE | INTERCONTINENTAL EXCHANGE IN | $325M | 1.2M | 1.45% | — | New |
| 30 | HDB | HDFC BANK LTD | $290M | 4.0M | 1.30% | −31.4% | Trimmed |
| 31 | KMI | KINDER MORGAN INC DEL | $285M | 12.3M | 1.27% | — | New |
| 32 | WMB | WILLIAMS COS INC DEL | $284M | 9.2M | 1.27% | — | New |
| 33 | MHK | MOHAWK INDS INC | $236M | 1.2M | 1.05% | −35.3% | Trimmed |
| 34 | ALGN | ALIGN TECHNOLOGY INC | $228M | 2.4M | 1.02% | — | New |
| 35 | V | VISA INC | $193M | 2.3M | 0.86% | −67.6% | Trimmed |
| 36 | HCA | HCA HOLDINGS INC | $126M | 1.7M | 0.56% | — | New |
| 37 | VISN | COMMSCOPE HLDG CO INC | $114M | 3.8M | 0.51% | +8.6% | Added |
| 38 | SHLDEUR | SEARS HLDGS CORPput option | $40M | 3.5M | 0.18% | 0.0% | Held |
| 39 | — | BARCLAYS BK PLCput option | $3M | 100.0K | 0.02% | — | New |
| 40 | — | PROSHARES TR IIput option | $2M | 100.0K | 0.01% | — | New |
11 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 |
|---|---|---|---|
| NOC | NORTHROP GRUMMAN CORP | $588M | 2.6M |
| BUD | ANHEUSER BUSCH INBEV SA/NV | $554M | 4.2M |
| MA | MASTERCARD INC | $438M | 5.0M |
| PYPL | PAYPAL HLDGS INC | $405M | 11.1M |
| SHW | SHERWIN WILLIAMS CO | $336M | 1.1M |
| PXDEUR | PIONEER NAT RES CO | $201M | 1.3M |
| ANET | ARISTA NETWORKS INC | $120M | 1.9M |
| GOOGL | ALPHABET INC | $116M | 165.0K |
| — | PROSHARES TR IIput option | $5M | 100.0K |
| AXP | AMERICAN EXPRESS CO | $2M | 25.0K |
| — | BARCLAYS BK PLCput option | $1M | 100.0K |
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.