Steve Mandel’s portfolio: Lone Pine Capital 13F holdings
Quarterly SEC 13F-HR filingsCIK 0001061165Latest: Q2 2026
Q4 2023 filing in brief
In its Q4 2023 13F, filed February 14, 2024, Lone Pine Capital reported $11.6B across 25 US positions. The largest: META (8.8%), AMZN (7.2%), TSM (6.3%), MSFT (5.9%), CRM (5.7%). In the quarter it opened 4 positions, sold out of 5, added to 5 and trimmed 6; positions opened and sold out came to 25.2% 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 Feb 14, 2024
- 4 New
- 5 Added
- 6 Trimmed
- 5 Exited
25 positions at December 31, 2023. Q/Q change compares shares with the preceding quarter.
| Row | Ticker | Issuer | Status | ||||
|---|---|---|---|---|---|---|---|
| 1 | META | META PLATFORMS INC | $1.0B | 2.9M | 8.80% | +3.4% | Added |
| 2 | AMZN | AMAZON COM INC | $830M | 5.5M | 7.18% | 0.0% | Held |
| 3 | TSM | TAIWAN SEMICONDUCTOR MFG LTD | $723M | 6.9M | 6.25% | −10.9% | Trimmed |
| 4 | MSFT | MICROSOFT CORP | $681M | 1.8M | 5.89% | 0.0% | Held |
| 5 | CRM | SALESFORCE INC | $658M | 2.5M | 5.69% | 0.0% | Held |
| 6 | PTC | PTC INC | $554M | 3.2M | 4.79% | 0.0% | Held |
| 7 | BKNG | BOOKING HOLDINGS INC | $541M | 152.5K | 4.68% | +2.0% | Added |
| 8 | KKR | KKR & CO INC | $516M | 6.2M | 4.46% | −5.2% | Trimmed |
| 9 | XYZ | BLOCK INC | $511M | 6.6M | 4.42% | +70.0% | Added |
| 10 | MA | MASTERCARD INCORPORATED | $469M | 1.1M | 4.06% | −37.0% | Trimmed |
| 11 | UNH | UNITEDHEALTH GROUP INC | $469M | 891.2K | 4.06% | 0.0% | Held |
| 12 | INTU | INTUIT | $468M | 748.5K | 4.05% | — | New |
| 13 | BBWI | BATH & BODY WORKS INC | $451M | 10.4M | 3.90% | +20.0% | Added |
| 14 | DKS | DICKS SPORTING GOODS INC | $430M | 2.9M | 3.72% | 0.0% | Held |
| 15 | WDAY | WORKDAY INC | $427M | 1.5M | 3.70% | −40.0% | Trimmed |
| 16 | LPLA | LPL FINL HLDGS INC | $419M | 1.8M | 3.62% | 0.0% | Held |
| 17 | ASML | ASML HOLDING N V | $325M | 429.8K | 2.81% | +13.0% | Added |
| 18 | LYV | LIVE NATION ENTERTAINMENT IN | $313M | 3.3M | 2.71% | −9.9% | Trimmed |
| 19 | HDB | HDFC BANK LTD | $312M | 4.6M | 2.70% | 0.0% | Held |
| 20 | BX | BLACKSTONE INC | $291M | 2.2M | 2.51% | — | New |
| 21 | IBN | ICICI BANK LIMITED | $287M | 12.0M | 2.48% | 0.0% | Held |
| 22 | PM | PHILIP MORRIS INTL INC | $283M | 3.0M | 2.45% | — | New |
| 23 | GE | GENERAL ELECTRIC CO | $269M | 2.1M | 2.32% | — | New |
| 24 | EPAM | EPAM SYS INC | $253M | 850.3K | 2.19% | −19.3% | Trimmed |
| 25 | AVDX | AVIDXCHANGE HOLDINGS INC | $63M | 5.1M | 0.54% | 0.0% | Held |
5 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.