Steve Mandel’s portfolio: Lone Pine Capital 13F holdings
Quarterly SEC 13F-HR filingsCIK 0001061165Latest: Q2 2026
Q3 2019 filing in brief
In its Q3 2019 13F, filed November 14, 2019, Lone Pine Capital reported $17.0B across 37 US positions. The largest: BABA (7.2%), AMZN (6.3%), UNH (5.8%), ADBE (5.8%), MSFT (5.0%). In the quarter it opened 8 positions, sold out of 2, added to 15 and trimmed 13; positions opened and sold out came to 17.6% 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, 2019
- 8 New
- 15 Added
- 13 Trimmed
- 2 Exited
37 positions at September 30, 2019. Q/Q change compares shares with the preceding quarter.
| Row | Ticker | Issuer | Status | ||||
|---|---|---|---|---|---|---|---|
| 1 | BABA | ALIBABA GROUP HLDG LTD | $1.2B | 7.3M | 7.17% | +24.1% | Added |
| 2 | AMZN | AMAZON COM INC | $1.1B | 622.0K | 6.35% | +33.3% | Added |
| 3 | UNH | UNITEDHEALTH GROUP INC | $984M | 4.5M | 5.79% | +20.1% | Added |
| 4 | ADBE | ADOBE INC | $982M | 3.6M | 5.78% | −5.1% | Trimmed |
| 5 | MSFT | MICROSOFT CORP | $842M | 6.1M | 4.96% | −17.9% | Trimmed |
| 6 | CRM | SALESFORCE COM INC | $758M | 5.1M | 4.46% | +73.5% | Added |
| 7 | TDG | TRANSDIGM GROUP INC | $669M | 1.3M | 3.93% | −19.0% | Trimmed |
| 8 | ADSK | AUTODESK INC | $666M | 4.5M | 3.92% | +13.0% | Added |
| 9 | NFLX | NETFLIX INC | $630M | 2.4M | 3.71% | — | New |
| 10 | ATVIEUR | ACTIVISION BLIZZARD INC | $595M | 11.2M | 3.50% | +8.9% | Added |
| 11 | TIFEUR | TIFFANY & CO NEW | $591M | 6.4M | 3.48% | −2.9% | Trimmed |
| 12 | GPN | GLOBAL PMTS INC | $581M | 3.7M | 3.42% | — | New |
| 13 | DPZ | DOMINOS PIZZA INC | $533M | 2.2M | 3.13% | +74.6% | Added |
| 14 | IQV | IQVIA HLDGS INC | $530M | 3.5M | 3.12% | −42.6% | Trimmed |
| 15 | XYZ | SQUARE INC | $496M | 8.0M | 2.92% | +141.6% | Added |
| 16 | MA | MASTERCARD INC | $436M | 1.6M | 2.57% | −3.8% | Trimmed |
| 17 | EFX | EQUIFAX INC | $432M | 3.1M | 2.54% | — | New |
| 18 | NOW | SERVICENOW INC | $431M | 1.7M | 2.54% | +29.5% | Added |
| 19 | SHOP | SHOPIFY INC | $429M | 1.4M | 2.53% | −8.4% | Trimmed |
| 20 | SPGI | S&P GLOBAL INC | $422M | 1.7M | 2.49% | −10.7% | Trimmed |
| 21 | UNP | UNION PACIFIC CORP | $416M | 2.6M | 2.45% | −47.9% | Trimmed |
| 22 | — | CANADIAN PAC RY LTD | $416M | 1.9M | 2.45% | −30.9% | Trimmed |
| 23 | BKNG | BOOKING HLDGS INC | $415M | 211.3K | 2.44% | −34.3% | Trimmed |
| 24 | HUM | HUMANA INC | $406M | 1.6M | 2.39% | — | New |
| 25 | META | FACEBOOK INC | $347M | 1.9M | 2.04% | −35.1% | Trimmed |
| 26 | MELI | MERCADOLIBRE INC | $320M | 580.4K | 1.88% | +21.8% | Added |
| 27 | — | ATLASSIAN CORP PLC | $261M | 2.1M | 1.54% | +5392.1% | Added |
| 28 | SE | SEA LTD | $212M | 6.9M | 1.25% | +11.9% | Added |
| 29 | WWEUSD | WORLD WRESTLING ENTMT INC | $211M | 3.0M | 1.24% | +9.9% | Added |
| 30 | COUPEUR | COUPA SOFTWARE INC | $181M | 1.4M | 1.06% | +113.9% | Added |
| 31 | DHI | D R HORTON INC | $176M | 3.3M | 1.03% | −73.2% | Trimmed |
| 32 | CHWY | CHEWY INC | $125M | 5.1M | 0.73% | +54.0% | Added |
| 33 | UBER | UBER TECHNOLOGIES INC | $85M | 3.0M | 0.50% | 0.0% | Held |
| 34 | — | HERBALIFE NUTRITION LTD | $80M | 2.1M | 0.47% | — | New |
| 35 | MDLA | MEDALLIA INC | $20M | 737.6K | 0.12% | — | New |
| 36 | SMARGBP | SMARTSHEET INC | $18M | 506.1K | 0.11% | — | New |
| 37 | TWLO | TWILIO INC | $2M | 15.8K | 0.01% | — | New |
2 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 |
|---|---|---|---|
| WYNN | WYNN RESORTS LTD | $670M | 5.4M |
| — | STONECO LTD | $75M | 2.5M |
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.