Steve Mandel’s portfolio: Lone Pine Capital 13F holdings
Quarterly SEC 13F-HR filingsCIK 0001061165Latest: Q2 2026
Q1 2023 filing in brief
In its Q1 2023 13F, filed May 15, 2023, Lone Pine Capital reported $10.8B across 29 US positions. The largest: WDAY (8.2%), MSFT (7.2%), TSM (7.0%), BBWI (6.6%), AMZN (6.3%). In the quarter it opened 2 positions, sold out of 3, added to 8 and trimmed 14; positions opened and sold out came to 8.9% 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, 2023
- 2 New
- 8 Added
- 14 Trimmed
- 3 Exited
29 positions at March 31, 2023. Q/Q change compares shares with the preceding quarter.
| Row | Ticker | Issuer | Status | ||||
|---|---|---|---|---|---|---|---|
| 1 | WDAY | WORKDAY INC | $881M | 4.3M | 8.16% | −8.6% | Trimmed |
| 2 | MSFT | MICROSOFT CORP | $772M | 2.7M | 7.15% | −23.3% | Trimmed |
| 3 | TSM | TAIWAN SEMICONDUCTOR MFG LTD | $761M | 8.2M | 7.05% | −21.2% | Trimmed |
| 4 | BBWI | BATH & BODY WORKS INC | $716M | 19.6M | 6.63% | −5.2% | Trimmed |
| 5 | AMZN | AMAZON COM INC | $682M | 6.6M | 6.32% | −31.5% | Trimmed |
| 6 | DKS | DICKS SPORTING GOODS INC | $648M | 4.6M | 6.00% | −9.0% | Trimmed |
| 7 | BKNG | BOOKING HOLDINGS INC | $543M | 204.6K | 5.02% | −7.2% | Trimmed |
| 8 | TDG | TRANSDIGM GROUP INC | $515M | 698.8K | 4.77% | −9.9% | Trimmed |
| 9 | RH | RH | $432M | 1.8M | 4.00% | 0.0% | Held |
| 10 | UNH | UNITEDHEALTH GROUP INC | $421M | 891.2K | 3.90% | −16.2% | Trimmed |
| 11 | CRM | SALESFORCE INC | $407M | 2.0M | 3.76% | +270.7% | Added |
| 12 | MA | MASTERCARD INCORPORATED | $381M | 1.0M | 3.53% | −22.1% | Trimmed |
| 13 | LPLA | LPL FINL HLDGS INC | $376M | 1.9M | 3.48% | −7.4% | Trimmed |
| 14 | KKR | KKR & CO INC | $345M | 6.6M | 3.19% | — | New |
| 15 | PTC | PTC INC | $344M | 2.7M | 3.18% | 0.0% | Held |
| 16 | V | VISA INC | $334M | 1.5M | 3.10% | −28.8% | Trimmed |
| 17 | ASML | ASML HOLDING N V | $314M | 461.1K | 2.91% | +95.2% | Added |
| 18 | FND | FLOOR & DECOR HLDGS INC | $297M | 3.0M | 2.75% | +65.6% | Added |
| 19 | EPAM | EPAM SYS INC | $289M | 965.6K | 2.67% | +60.2% | Added |
| 20 | AMD | ADVANCED MICRO DEVICES INC | $278M | 2.8M | 2.57% | −27.5% | Trimmed |
| 21 | IBN | ICICI BANK LIMITED | $260M | 12.0M | 2.41% | +3.0% | Added |
| 22 | MRNA | MODERNA INC | $235M | 1.5M | 2.17% | +13.1% | Added |
| 23 | HDB | HDFC BANK LTD | $199M | 3.0M | 1.85% | +3.0% | Added |
| 24 | BILL | BILL HOLDINGS INC | $148M | 1.8M | 1.37% | — | New |
| 25 | — | VALARIS LIMITED | $124M | 1.9M | 1.15% | +192.7% | Added |
| 26 | AVDX | AVIDXCHANGE HOLDINGS INC | $40M | 5.1M | 0.37% | 0.0% | Held |
| 27 | SG | SWEETGREEN INC | $36M | 4.6M | 0.33% | 0.0% | Held |
| 28 | — | MARQETA INC | $22M | 4.9M | 0.21% | −70.5% | Trimmed |
| 29 | LNG | CHENIERE ENERGY INC | $1M | 8.3K | 0.01% | 0.0% | Held |
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.