Steve Mandel’s portfolio: Lone Pine Capital 13F holdings
Quarterly SEC 13F-HR filingsCIK 0001061165Latest: Q2 2026
Q2 2021 filing in brief
In its Q2 2021 13F, filed August 16, 2021, Lone Pine Capital reported $31.0B across 35 US positions. The largest: SHOP (7.7%), LB (6.1%), META (5.6%), AMZN (5.4%), SNAP (5.0%). In the quarter it opened 9 positions, sold out of 12, added to 9 and trimmed 10; positions opened and sold out came to 29.7% 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 Aug 16, 2021
- 9 New
- 9 Added
- 10 Trimmed
- 12 Exited
35 positions at June 30, 2021. Q/Q change compares shares with the preceding quarter.
| Row | Ticker | Issuer | Status | ||||
|---|---|---|---|---|---|---|---|
| 1 | SHOP | SHOPIFY INC | $2.4B | 1.6M | 7.69% | −4.7% | Trimmed |
| 2 | LB | L BRANDS INC | $1.9B | 26.3M | 6.10% | 0.0% | Held |
| 3 | META | FACEBOOK INC | $1.7B | 5.0M | 5.59% | −11.9% | Trimmed |
| 4 | AMZN | AMAZON COM INC | $1.7B | 484.7K | 5.37% | +0.6% | Held |
| 5 | SNAP | SNAP INC | $1.6B | 22.9M | 5.04% | −4.5% | Trimmed |
| 6 | MSFT | MICROSOFT CORP | $1.4B | 5.3M | 4.61% | −32.6% | Trimmed |
| 7 | ADBE | ADOBE SYSTEMS INCORPORATED | $1.4B | 2.4M | 4.56% | −7.8% | Trimmed |
| 8 | XYZ | SQUARE INC | $1.4B | 5.7M | 4.49% | +81.7% | Added |
| 9 | NOW | SERVICENOW INC | $1.4B | 2.5M | 4.37% | +67.0% | Added |
| 10 | DASH | DOORDASH INC | $1.3B | 7.5M | 4.29% | +11.0% | Added |
| 11 | MTCH | MATCH GROUP INC NEW | $1.2B | 7.7M | 4.03% | +24.8% | Added |
| 12 | COUPEUR | COUPA SOFTWARE INC | $1.2B | 4.7M | 3.94% | +12.5% | Added |
| 13 | UNH | UNITEDHEALTH GROUP INC | $1.2B | 3.0M | 3.88% | −4.5% | Trimmed |
| 14 | GPN | GLOBAL PMTS INC | $1.0B | 5.5M | 3.35% | +30.6% | Added |
| 15 | FTCHQ | FARFETCH LTD | $950M | 18.9M | 3.06% | +37.9% | Added |
| 16 | MRNA | MODERNA INC | $938M | 4.0M | 3.02% | — | New |
| 17 | WDAY | WORKDAY INC | $818M | 3.4M | 2.64% | +59.2% | Added |
| 18 | DXCM | DEXCOM INC | $798M | 1.9M | 2.57% | −21.3% | Trimmed |
| 19 | IBN | ICICI BANK LIMITED | $738M | 43.2M | 2.38% | 0.0% | Held |
| 20 | RH | RH | $693M | 1.0M | 2.23% | — | New |
| 21 | TWTRUSD | TWITTER INC | $681M | 9.9M | 2.20% | — | New |
| 22 | MA | MASTERCARD INCORPORATED | $659M | 1.8M | 2.12% | −11.2% | Trimmed |
| 23 | CVNA | CARVANA CO | $647M | 2.1M | 2.08% | −11.0% | Trimmed |
| 24 | BEKE | KE HLDGS INC | $623M | 13.1M | 2.01% | — | New |
| 25 | DDOG | DATADOG INC | $607M | 5.8M | 1.96% | −10.9% | Trimmed |
| 26 | — | STONECO LTD | $593M | 8.8M | 1.91% | +35.4% | Added |
| 27 | TDG | TRANSDIGM GROUP INC | $464M | 717.5K | 1.50% | — | New |
| 28 | PVH | PVH CORPORATION | $293M | 2.7M | 0.94% | — | New |
| 29 | FIGS | FIGS INC | $214M | 4.3M | 0.69% | — | New |
| 30 | ASND | ASCENDIS PHARMA A/S | $189M | 1.4M | 0.61% | 0.0% | Held |
| 31 | FATE | FATE THERAPEUTICS INC | $152M | 1.7M | 0.49% | 0.0% | Held |
| 32 | ZYME | ZYMEWORKS INC | $34M | 976.7K | 0.11% | 0.0% | Held |
| 33 | 8QR | CONFLUENT INC | $31M | 650.0K | 0.10% | — | New |
| 34 | — | FORMA THERAPEUTICS HLDGS INC | $20M | 800.0K | 0.06% | 0.0% | Held |
| 35 | S | SENTINELONE INC | $7M | 175.0K | 0.02% | — | New |
12 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 |
|---|---|---|---|
| MELI | MERCADOLIBRE INC | $1.1B | 715.2K |
| NFLX | NETFLIX INC | $954M | 1.8M |
| — | ATLASSIAN CORP PLC | $627M | 3.0M |
| BILI | BILIBILI INC | $450M | 4.2M |
| BILL | BILL COM HLDGS INC | $410M | 2.8M |
| NUANEUR | NUANCE COMMUNICATIONS INC | $393M | 9.0M |
| SNOW | SNOWFLAKE INC | $291M | 1.3M |
| 2655787D | BLUEPRINT MEDICINES CORP | $263M | 2.7M |
| ARGX | ARGENX SE | $150M | 546.3K |
| PODD | INSULET CORP | $99M | 380.7K |
| MDB | MONGODB INC | $35M | 131.4K |
| XM1EUR | QUALTRICS INTL INC | $21M | 650.0K |
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.