Steve Mandel’s portfolio: Lone Pine Capital 13F holdings
Quarterly SEC 13F-HR filingsCIK 0001061165Latest: Q2 2026
Q1 2019 filing in brief
In its Q1 2019 13F, filed May 15, 2019, Lone Pine Capital reported $17.1B across 29 US positions. The largest: ADBE (7.0%), AMZN (6.8%), IQV (6.5%), MSFT (6.2%), BABA (6.0%). In the quarter it opened 7 positions, sold out of 3, added to 4 and trimmed 14; positions opened and sold out came to 20.5% 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 15, 2019
- 7 New
- 4 Added
- 14 Trimmed
- 3 Exited
29 positions at March 31, 2019. Q/Q change compares shares with the preceding quarter.
| Row | Ticker | Issuer | Status | ||||
|---|---|---|---|---|---|---|---|
| 1 | ADBE | ADOBE INC | $1.2B | 4.5M | 7.05% | −11.7% | Trimmed |
| 2 | AMZN | AMAZON COM INC | $1.2B | 651.7K | 6.78% | −12.1% | Trimmed |
| 3 | IQV | IQVIA HLDGS INC | $1.1B | 7.7M | 6.48% | 0.0% | Held |
| 4 | MSFT | MICROSOFT CORP | $1.1B | 9.0M | 6.23% | −10.5% | Trimmed |
| 5 | BABA | ALIBABA GROUP HLDG LTD | $1.0B | 5.6M | 6.02% | −9.2% | Trimmed |
| 6 | UNH | UNITEDHEALTH GROUP INC | $884M | 3.6M | 5.17% | 0.0% | Held |
| 7 | STZ | CONSTELLATION BRANDS INC | $865M | 4.9M | 5.06% | −4.4% | Trimmed |
| 8 | META | FACEBOOK INC | $807M | 4.8M | 4.72% | −27.4% | Trimmed |
| 9 | TDG | TRANSDIGM GROUP INC | $754M | 1.7M | 4.41% | +9.1% | Added |
| 10 | TIFEUR | TIFFANY & CO NEW | $715M | 6.8M | 4.18% | 0.0% | Held |
| 11 | WYNN | WYNN RESORTS LTD | $711M | 6.0M | 4.15% | 0.0% | Held |
| 12 | — | CANADIAN PAC RY LTD | $663M | 3.2M | 3.88% | −7.1% | Trimmed |
| 13 | MA | MASTERCARD INC | $657M | 2.8M | 3.84% | −5.2% | Trimmed |
| 14 | SPGI | S&P GLOBAL INC | $651M | 3.1M | 3.80% | — | New |
| 15 | CSX | CSX CORP | $598M | 8.0M | 3.50% | −17.1% | Trimmed |
| 16 | BKNG | BOOKING HLDGS INC | $561M | 321.4K | 3.28% | −9.1% | Trimmed |
| 17 | UNP | UNION PACIFIC CORP | $554M | 3.3M | 3.24% | — | New |
| 18 | ADSK | AUTODESK INC | $536M | 3.4M | 3.13% | −10.3% | Trimmed |
| 19 | GOOG | ALPHABET INC | $521M | 444.4K | 3.05% | — | New |
| 20 | TRU | TRANSUNION | $430M | 6.4M | 2.51% | −36.4% | Trimmed |
| 21 | NOW | SERVICENOW INC | $420M | 1.7M | 2.46% | −35.4% | Trimmed |
| 22 | MELI | MERCADOLIBRE INC | $339M | 667.2K | 1.98% | +48.0% | Added |
| 23 | CRM | SALESFORCE COM INC | $310M | 2.0M | 1.81% | +197.9% | Added |
| 24 | DHI | D R HORTON INC | $272M | 6.6M | 1.59% | — | New |
| 25 | SE | SEA LTD | $171M | 7.3M | 1.00% | +83.3% | Added |
| 26 | — | STONECO LTD | $85M | 2.1M | 0.50% | −33.3% | Trimmed |
| 27 | WWEUSD | WORLD WRESTLING ENTMT INC | $14M | 157.1K | 0.08% | — | New |
| 28 | XYZ | SQUARE INC | $9M | 120.0K | 0.05% | — | New |
| 29 | SHOP | SHOPIFY INC | $8M | 40.0K | 0.05% | — | New |
3 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 |
|---|---|---|---|
| ATVIEUR | ACTIVISION BLIZZARD INC | $730M | 15.7M |
| PYPL | PAYPAL HLDGS INC | $485M | 5.8M |
| NIO | NIO INC | $20M | 3.7M |
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.