Steve Mandel’s portfolio: Lone Pine Capital 13F holdings
Quarterly SEC 13F-HR filingsCIK 0001061165Latest: Q2 2026
Q4 2018 filing in brief
In its Q4 2018 13F, filed February 14, 2019, Lone Pine Capital reported $14.8B across 25 US positions. The largest: ADBE (7.8%), AMZN (7.5%), MSFT (6.9%), IQV (6.1%), UNH (6.0%). In the quarter it opened 6 positions, sold out of 6, added to 6 and trimmed 10; positions opened and sold out came to 36% 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 Feb 14, 2019
- 6 New
- 6 Added
- 10 Trimmed
- 6 Exited
25 positions at December 31, 2018. Q/Q change compares shares with the preceding quarter.
| Row | Ticker | Issuer | Status | ||||
|---|---|---|---|---|---|---|---|
| 1 | ADBE | ADOBE INC | $1.2B | 5.1M | 7.85% | −5.5% | Trimmed |
| 2 | AMZN | AMAZON COM INC | $1.1B | 741.7K | 7.54% | +112.6% | Added |
| 3 | MSFT | MICROSOFT CORP | $1.0B | 10.1M | 6.94% | −26.5% | Trimmed |
| 4 | IQV | IQVIA HLDGS INC | $895M | 7.7M | 6.06% | −8.3% | Trimmed |
| 5 | UNH | UNITEDHEALTH GROUP INC | $891M | 3.6M | 6.03% | +18.5% | Added |
| 6 | META | FACEBOOK INC | $874M | 6.7M | 5.92% | +72.6% | Added |
| 7 | BABA | ALIBABA GROUP HLDG LTD | $851M | 6.2M | 5.76% | −36.2% | Trimmed |
| 8 | STZ | CONSTELLATION BRANDS INC | $830M | 5.2M | 5.62% | +19.7% | Added |
| 9 | ATVIEUR | ACTIVISION BLIZZARD INC | $730M | 15.7M | 4.94% | −2.9% | Trimmed |
| 10 | — | CANADIAN PAC RY LTD | $616M | 3.5M | 4.17% | −11.1% | Trimmed |
| 11 | BKNG | BOOKING HLDGS INC | $609M | 353.5K | 4.12% | — | New |
| 12 | CSX | CSX CORP | $599M | 9.6M | 4.06% | +2.3% | Added |
| 13 | WYNN | WYNN RESORTS LTD | $589M | 6.0M | 3.99% | 0.0% | Held |
| 14 | TRU | TRANSUNION | $575M | 10.1M | 3.89% | +3.1% | Added |
| 15 | MA | MASTERCARD INCORPORATED | $555M | 2.9M | 3.76% | — | New |
| 16 | TIFEUR | TIFFANY & CO NEW | $546M | 6.8M | 3.69% | — | New |
| 17 | TDG | TRANSDIGM GROUP INC | $518M | 1.5M | 3.51% | −13.6% | Trimmed |
| 18 | ADSK | AUTODESK INC | $493M | 3.8M | 3.34% | — | New |
| 19 | PYPL | PAYPAL HLDGS INC | $485M | 5.8M | 3.28% | −3.4% | Trimmed |
| 20 | NOW | SERVICENOW INC | $470M | 2.6M | 3.18% | −16.6% | Trimmed |
| 21 | MELI | MERCADOLIBRE INC | $132M | 450.8K | 0.89% | −74.7% | Trimmed |
| 22 | CRM | SALESFORCE COM INC | $90M | 658.0K | 0.61% | — | New |
| 23 | — | STONECO LTD | $57M | 3.1M | 0.39% | — | New |
| 24 | SE | SEA LTD | $45M | 4.0M | 0.30% | 0.0% | Held |
| 25 | NIO | NIO INC | $20M | 3.7M | 0.14% | 0.0% | Held |
6 exited positions
Positions held in the preceding quarter and absent from this filing. Values and shares are from the preceding quarter.
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.