Steve Mandel’s portfolio: Lone Pine Capital 13F holdings
Quarterly SEC 13F-HR filingsCIK 0001061165Latest: Q2 2026
Q1 2021 filing in brief
In its Q1 2021 13F, filed May 18, 2021, Lone Pine Capital reported $27.5B across 38 US positions. The largest: SHOP (6.9%), MSFT (6.7%), META (6.1%), LB (5.9%), AMZN (5.4%). In the quarter it opened 4 positions, sold out of 7, added to 17 and trimmed 12; positions opened and sold out came to 15.7% 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 May 18, 2021
- 4 New
- 17 Added
- 12 Trimmed
- 7 Exited
38 positions at March 31, 2021. Q/Q change compares shares with the preceding quarter.
| Row | Ticker | Issuer | Status | ||||
|---|---|---|---|---|---|---|---|
| 1 | SHOP | SHOPIFY INC | $1.9B | 1.7M | 6.88% | −4.6% | Trimmed |
| 2 | MSFT | MICROSOFT CORP | $1.8B | 7.8M | 6.70% | +24.0% | Added |
| 3 | META | FACEBOOK INC | $1.7B | 5.7M | 6.06% | +58.4% | Added |
| 4 | LB | L BRANDS INC | $1.6B | 26.3M | 5.90% | 0.0% | Held |
| 5 | AMZN | AMAZON COM INC | $1.5B | 481.7K | 5.41% | +87.4% | Added |
| 6 | SNAP | SNAP INC | $1.3B | 24.0M | 4.56% | +23.1% | Added |
| 7 | ADBE | ADOBE SYSTEMS INCORPORATED | $1.2B | 2.6M | 4.53% | +29.8% | Added |
| 8 | UNH | UNITEDHEALTH GROUP INC | $1.2B | 3.1M | 4.25% | −1.1% | Trimmed |
| 9 | COUPEUR | COUPA SOFTWARE INC | $1.1B | 4.2M | 3.84% | −1.6% | Trimmed |
| 10 | MELI | MERCADOLIBRE INC | $1.1B | 715.2K | 3.82% | +19.8% | Added |
| 11 | NFLX | NETFLIX INC | $954M | 1.8M | 3.46% | −25.4% | Trimmed |
| 12 | DASH | DOORDASH INC | $882M | 6.7M | 3.20% | +197.9% | Added |
| 13 | GPN | GLOBAL PMTS INC | $856M | 4.2M | 3.11% | −32.9% | Trimmed |
| 14 | DXCM | DEXCOM INC | $853M | 2.4M | 3.10% | +4.6% | Added |
| 15 | MTCH | MATCH GROUP INC NEW | $852M | 6.2M | 3.10% | +17.8% | Added |
| 16 | NOW | SERVICENOW INC | $740M | 1.5M | 2.69% | +22.1% | Added |
| 17 | FTCHQ | FARFETCH LTD | $725M | 13.7M | 2.63% | +69.6% | Added |
| 18 | MA | MASTERCARD INCORPORATED | $723M | 2.0M | 2.63% | −25.3% | Trimmed |
| 19 | XYZ | SQUARE INC | $714M | 3.1M | 2.59% | −25.1% | Trimmed |
| 20 | IBN | ICICI BANK LIMITED | $692M | 43.2M | 2.51% | — | New |
| 21 | CVNA | CARVANA CO | $632M | 2.4M | 2.30% | −1.6% | Trimmed |
| 22 | — | ATLASSIAN CORP PLC | $627M | 3.0M | 2.28% | −13.1% | Trimmed |
| 23 | DDOG | DATADOG INC | $545M | 6.5M | 1.98% | −7.7% | Trimmed |
| 24 | WDAY | WORKDAY INC | $535M | 2.2M | 1.94% | — | New |
| 25 | BILI | BILIBILI INC | $450M | 4.2M | 1.63% | −30.0% | Trimmed |
| 26 | BILL | BILL COM HLDGS INC | $410M | 2.8M | 1.49% | +1.9% | Added |
| 27 | — | STONECO LTD | $400M | 6.5M | 1.45% | +2.6% | Added |
| 28 | NUANEUR | NUANCE COMMUNICATIONS INC | $393M | 9.0M | 1.43% | 0.0% | Held |
| 29 | SNOW | SNOWFLAKE INC | $291M | 1.3M | 1.06% | +319.6% | Added |
| 30 | 2655787D | BLUEPRINT MEDICINES CORP | $263M | 2.7M | 0.96% | 0.0% | Held |
| 31 | ASND | ASCENDIS PHARMA A/S | $185M | 1.4M | 0.67% | +60.6% | Added |
| 32 | ARGX | ARGENX SE | $150M | 546.3K | 0.55% | +1.9% | Added |
| 33 | FATE | FATE THERAPEUTICS INC | $144M | 1.7M | 0.52% | +98.0% | Added |
| 34 | PODD | INSULET CORP | $99M | 380.7K | 0.36% | — | New |
| 35 | MDB | MONGODB INC | $35M | 131.4K | 0.13% | −85.1% | Trimmed |
| 36 | ZYME | ZYMEWORKS INC | $31M | 976.7K | 0.11% | 0.0% | Held |
| 37 | — | FORMA THERAPEUTICS HLDGS INC | $22M | 800.0K | 0.08% | 0.0% | Held |
| 38 | XM1EUR | QUALTRICS INTL INC | $21M | 650.0K | 0.08% | — | New |
7 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.