Steve Mandel’s portfolio: Lone Pine Capital 13F holdings
Quarterly SEC 13F-HR filingsCIK 0001061165Latest: Q2 2026
Q3 2021 filing in brief
In its Q3 2021 13F, filed November 15, 2021, Lone Pine Capital reported $29.7B across 39 US positions. The largest: SHOP (6.5%), SNAP (5.6%), DASH (5.2%), BBWI (5.2%), NOW (4.6%). In the quarter it opened 8 positions, sold out of 4, added to 10 and trimmed 14; positions opened and sold out came to 21.5% 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 Nov 15, 2021
- 8 New
- 10 Added
- 14 Trimmed
- 4 Exited
39 positions at September 30, 2021. Q/Q change compares shares with the preceding quarter.
| Row | Ticker | Issuer | Status | ||||
|---|---|---|---|---|---|---|---|
| 1 | SHOP | SHOPIFY INC | $1.9B | 1.4M | 6.53% | −12.4% | Trimmed |
| 2 | SNAP | SNAP INC | $1.7B | 22.6M | 5.64% | −1.3% | Trimmed |
| 3 | DASH | DOORDASH INC | $1.5B | 7.5M | 5.18% | 0.0% | Held |
| 4 | BBWI | BATH & BODY WORKS INC | $1.5B | 24.3M | 5.16% | — | New |
| 5 | NOW | SERVICENOW INC | $1.4B | 2.2M | 4.60% | −11.1% | Trimmed |
| 6 | MSFT | MICROSOFT CORP | $1.3B | 4.7M | 4.46% | −11.0% | Trimmed |
| 7 | TWTRUSD | TWITTER INC | $1.3B | 21.5M | 4.38% | +117.4% | Added |
| 8 | XYZ | SQUARE INC | $1.3B | 5.4M | 4.35% | −5.9% | Trimmed |
| 9 | MRNA | MODERNA INC | $1.3B | 3.3M | 4.30% | −16.9% | Trimmed |
| 10 | WDAY | WORKDAY INC | $1.2B | 5.0M | 4.19% | +45.1% | Added |
| 11 | MTCH | MATCH GROUP INC NEW | $1.2B | 7.8M | 4.11% | +0.4% | Held |
| 12 | AMZN | AMAZON COM INC | $1.2B | 361.1K | 4.00% | −25.5% | Trimmed |
| 13 | UNH | UNITEDHEALTH GROUP INC | $1.2B | 3.0M | 3.96% | 0.0% | Held |
| 14 | ADBE | ADOBE SYSTEMS INCORPORATED | $1.1B | 2.0M | 3.79% | −19.1% | Trimmed |
| 15 | META | FACEBOOK INC | $1.0B | 3.1M | 3.52% | −38.3% | Trimmed |
| 16 | COUPEUR | COUPA SOFTWARE INC | $1.0B | 4.6M | 3.37% | −2.2% | Trimmed |
| 17 | RH | RH | $861M | 1.3M | 2.90% | +26.4% | Added |
| 18 | FTCHQ | FARFETCH LTD | $860M | 22.9M | 2.90% | +21.6% | Added |
| 19 | DXCM | DEXCOM INC | $788M | 1.4M | 2.66% | −22.9% | Trimmed |
| 20 | IBN | ICICI BANK LIMITED | $750M | 39.8M | 2.53% | −7.9% | Trimmed |
| 21 | DDOG | DATADOG INC | $657M | 4.6M | 2.21% | −20.3% | Trimmed |
| 22 | CVNA | CARVANA CO | $646M | 2.1M | 2.18% | 0.0% | Held |
| 23 | BILI | BILIBILI INC | $570M | 8.6M | 1.92% | — | New |
| 24 | BEKE | KE HLDGS INC | $551M | 30.2M | 1.86% | +131.1% | Added |
| 25 | — | STONECO LTD | $524M | 15.1M | 1.77% | +70.6% | Added |
| 26 | TDG | TRANSDIGM GROUP INC | $490M | 784.3K | 1.65% | +9.3% | Added |
| 27 | VSXY | VICTORIAS SECRET AND CO | $476M | 8.6M | 1.60% | — | New |
| 28 | PVH | PVH CORPORATION | $339M | 3.3M | 1.14% | +21.2% | Added |
| 29 | ASND | ASCENDIS PHARMA A/S | $229M | 1.4M | 0.77% | 0.0% | Held |
| 30 | FATE | FATE THERAPEUTICS INC | $130M | 2.2M | 0.44% | +25.7% | Added |
| 31 | — | VTEX | $109M | 5.3M | 0.37% | — | New |
| 32 | FIGS | FIGS INC | $92M | 2.5M | 0.31% | −41.8% | Trimmed |
| 33 | AMPL | AMPLITUDE INC | $88M | 1.6M | 0.30% | — | New |
| 34 | NTES | NETEASE INC | $87M | 1.0M | 0.29% | — | New |
| 35 | 8QR | CONFLUENT INC | $83M | 1.4M | 0.28% | +114.6% | Added |
| 36 | — | MARQETA INC | $58M | 2.6M | 0.20% | — | New |
| 37 | ZYME | ZYMEWORKS INC | $28M | 976.7K | 0.10% | 0.0% | Held |
| 38 | — | FORMA THERAPEUTICS HLDGS INC | $19M | 800.0K | 0.06% | 0.0% | Held |
| 39 | FRSH | FRESHWORKS INC | $12M | 275.0K | 0.04% | — | New |
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.