Steve Mandel’s portfolio: Lone Pine Capital 13F holdings
Quarterly SEC 13F-HR filingsCIK 0001061165Latest: Q2 2026
Q3 2017 filing in brief
In its Q3 2017 13F, filed November 14, 2017, Lone Pine Capital reported $20.6B across 31 US positions. The largest: BABA (7.4%), STZ (6.9%), CHTR (6.5%), ATVIEUR (6.2%), CMCSA (6.1%). In the quarter it opened 9 positions, sold out of 11, added to 11 and trimmed 8; positions opened and sold out came to 31.7% 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, 2017
- 9 New
- 11 Added
- 8 Trimmed
- 11 Exited
31 positions at September 30, 2017. Q/Q change compares shares with the preceding quarter.
| Row | Ticker | Issuer | Status | ||||
|---|---|---|---|---|---|---|---|
| 1 | BABA | ALIBABA GROUP HLDG LTD | $1.5B | 8.8M | 7.40% | −24.4% | Trimmed |
| 2 | STZ | CONSTELLATION BRANDS INC | $1.4B | 7.1M | 6.86% | +7.6% | Added |
| 3 | CHTR | CHARTER COMMUNICATIONS INC N | $1.3B | 3.7M | 6.47% | −15.9% | Trimmed |
| 4 | ATVIEUR | ACTIVISION BLIZZARD INC | $1.3B | 19.8M | 6.22% | −7.9% | Trimmed |
| 5 | CMCSA | COMCAST CORP NEW | $1.3B | 32.6M | 6.10% | +59.5% | Added |
| 6 | — | BROADCOM LTD | $1.2B | 5.1M | 6.00% | −4.3% | Trimmed |
| 7 | — | QUINTILES IMS HOLDINGS INC | $956M | 10.1M | 4.65% | 0.0% | Held |
| 8 | UNH | UNITEDHEALTH GROUP INC | $862M | 4.4M | 4.19% | +158.2% | Added |
| 9 | META | FACEBOOK INC | $860M | 5.0M | 4.18% | −18.4% | Trimmed |
| 10 | MSFT | MICROSOFT CORP | $844M | 11.3M | 4.10% | +17.0% | Added |
| 11 | — | PRICELINE GRP INC | $746M | 407.4K | 3.63% | — | New |
| 12 | EXPE | EXPEDIA INC DEL | $670M | 4.7M | 3.26% | +2.9% | Added |
| 13 | MA | MASTERCARD INCORPORATED | $634M | 4.5M | 3.08% | −3.3% | Trimmed |
| 14 | NOW | SERVICENOW INC | $620M | 5.3M | 3.01% | +63.7% | Added |
| 15 | ICE | INTERCONTINENTAL EXCHANGE IN | $601M | 8.7M | 2.92% | +37.6% | Added |
| 16 | ADBE | ADOBE SYS INC | $587M | 3.9M | 2.85% | 0.0% | Held |
| 17 | CRM | SALESFORCE COM INC | $586M | 6.3M | 2.85% | +136.8% | Added |
| 18 | TRU | TRANSUNION | $583M | 12.3M | 2.84% | +38.6% | Added |
| 19 | EQIX | EQUINIX INC | $568M | 1.3M | 2.76% | 0.0% | Held |
| 20 | TV | GRUPO TELEVISA SA | $514M | 20.8M | 2.50% | +1.5% | Added |
| 21 | EA | ELECTRONIC ARTS INC | $500M | 4.2M | 2.43% | — | New |
| 22 | PYPL | PAYPAL HLDGS INC | $430M | 6.7M | 2.09% | — | New |
| 23 | MELI | MERCADOLIBRE INC | $422M | 1.6M | 2.05% | — | New |
| 24 | WYNN | WYNN RESORTS LTD | $399M | 2.7M | 1.94% | — | New |
| 25 | TMUS | T MOBILE US INC | $281M | 4.6M | 1.37% | −36.0% | Trimmed |
| 26 | CHTR | CHARTER COMMUNICATIONS INC Ncall option | $254M | 700.0K | 1.24% | — | New |
| 27 | AAP | ADVANCE AUTO PARTS INC | $234M | 2.4M | 1.14% | +15.1% | Added |
| 28 | — | VANTIV INC | $161M | 2.3M | 0.79% | — | New |
| 29 | FLT1EUR | FLEETCOR TECHNOLOGIES INC | $124M | 801.5K | 0.60% | −87.8% | Trimmed |
| 30 | BUD | ANHEUSER BUSCH INBEV SA/NV | $85M | 715.6K | 0.42% | — | New |
| 31 | — | BARCLAYS BK PLC | $10M | 250.0K | 0.05% | — | 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 |
|---|---|---|---|
| ORLY | O REILLY AUTOMOTIVE INC NEW | $621M | 2.8M |
| SYMCEUR | SYMANTEC CORP | $596M | 21.1M |
| CSX | CSX CORP | $563M | 10.3M |
| ULTA | ULTA BEAUTY INC | $413M | 1.4M |
| ANET | ARISTA NETWORKS INC | $276M | 1.8M |
| OPTU | ALTICE USA INC | $271M | 8.4M |
| LNG | CHENIERE ENERGY INC | $253M | 5.2M |
| SNAP | SNAP INC | $130M | 7.6M |
| ALB | ALBEMARLE CORP | $122M | 1.2M |
| FWONK | LIBERTY MEDIA CORP DELAWARE | $107M | 2.9M |
| — | BARCLAYS BK PLC | $13M | 1.0M |
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.