$10.8 Billion is the total value of Lone Pine Capital's 29 reported holdings in Q1 2023. The portfolio turnover from Q4 2022 to Q1 2023 was 16.7% .
| Value | Shares | ↓ Weighting | ||||||
|---|---|---|---|---|---|---|---|---|
| WDAY | Sell | WORKDAY INCcl a | $881,256,610 | +12.8% | 4,266,760 | -8.6% | 8.16% | +9.4% |
| MSFT | Sell | MICROSOFT CORP | $772,422,586 | -7.9% | 2,679,232 | -23.3% | 7.15% | -10.6% |
| TSM | Sell | TAIWAN SEMICONDUCTOR MFG LTDsponsored ads | $761,269,169 | -1.7% | 8,183,930 | -21.2% | 7.05% | -4.6% |
| Sell | BATH & BODY WORKS INC | $715,721,902 | -17.7% | 19,565,935 | -5.2% | 6.63% | -20.2% | |
| AMZN | Sell | AMAZON COM INC | $682,262,573 | -15.8% | 6,605,311 | -31.5% | 6.32% | -18.3% |
| DKS | Sell | DICKS SPORTING GOODS INC | $647,873,429 | +7.4% | 4,566,026 | -9.0% | 6.00% | +4.2% |
| BKNG | Sell | BOOKING HOLDINGS INC | $542,683,086 | +22.2% | 204,600 | -7.2% | 5.02% | +18.5% |
| TDG | Sell | TRANSDIGM GROUP INC | $515,085,918 | +5.5% | 698,848 | -9.9% | 4.77% | +2.3% |
| RH | RH | $431,830,955 | -8.8% | 1,773,069 | 0.0% | 4.00% | -11.6% | |
| UNH | Sell | UNITEDHEALTH GROUP INC | $421,156,613 | -25.3% | 891,167 | -16.2% | 3.90% | -27.6% |
| CRM | Buy | SALESFORCE INC | $406,611,435 | +458.6% | 2,035,296 | +270.7% | 3.76% | +441.6% |
| MA | Sell | MASTERCARD INCORPORATEDcl a | $381,220,361 | -18.6% | 1,049,009 | -22.1% | 3.53% | -21.1% |
| LPLA | Sell | LPL FINL HLDGS INC | $376,391,338 | -13.3% | 1,859,641 | -7.4% | 3.48% | -15.9% |
| KKR | New | KKR & CO INC | $344,761,343 | – | 6,564,382 | +100.0% | 3.19% | – |
| PTC | PTC INC | $343,841,949 | +6.8% | 2,681,447 | 0.0% | 3.18% | +3.6% | |
| V | Sell | VISA INC | $334,350,416 | -22.8% | 1,482,970 | -28.8% | 3.10% | -25.1% |
| ASML | Buy | ASML HOLDING N V | $313,897,844 | +143.2% | 461,133 | +95.2% | 2.91% | +135.9% |
| FND | Buy | FLOOR & DECOR HLDGS INCcl a | $297,089,668 | +133.6% | 3,024,737 | +65.6% | 2.75% | +126.5% |
| EPAM | Buy | EPAM SYS INC | $288,710,812 | +46.1% | 965,588 | +60.2% | 2.67% | +41.7% |
| AMD | Sell | ADVANCED MICRO DEVICES INC | $277,724,370 | +9.7% | 2,833,633 | -27.5% | 2.57% | +6.3% |
| IBN | Buy | ICICI BANK LIMITEDadr | $259,872,036 | +1.5% | 12,042,263 | +3.0% | 2.41% | -1.5% |
| MRNA | Buy | MODERNA INC | $234,918,732 | -3.3% | 1,529,618 | +13.1% | 2.18% | -6.2% |
| HDB | Buy | HDFC BANK LTDsponsored ads | $199,379,902 | +0.4% | 2,990,549 | +3.0% | 1.85% | -2.6% |
| BILL | New | BILL HOLDINGS INC | $147,961,873 | – | 1,823,538 | +100.0% | 1.37% | – |
| VAL | Buy | VALARIS LIMITEDcl a | $124,418,337 | +181.6% | 1,912,363 | +192.7% | 1.15% | +173.0% |
| AVIDXCHANGE HOLDINGS INC | $39,628,930 | -21.5% | 5,080,632 | 0.0% | 0.37% | -23.9% | ||
| SWEETGREEN INC | $35,722,984 | -8.5% | 4,556,503 | 0.0% | 0.33% | -11.3% | ||
| MQ | Sell | MARQETA INC | $22,403,017 | -77.9% | 4,902,192 | -70.5% | 0.21% | -78.6% |
| LNG | CHENIERE ENERGY INC | $1,314,069 | +5.1% | 8,338 | 0.0% | 0.01% | 0.0% | |
| EFX | Exit | EQUIFAX INC | $0 | – | -7,278 | -100.0% | -0.01% | – |
| FCNCA | Exit | FIRST CTZNS BANCSHARES INC Ncl a | $0 | – | -175,642 | -100.0% | -1.27% | – |
| TMO | Exit | THERMO FISHER SCIENTIFIC INC | $0 | – | -587,696 | -100.0% | -3.09% | – |
Original filings
The following EDGAR filing(s) were analyzed to create this report:
- View 13F-HR filed 2023-05-15
Signatures
The EDGAR filing(s) were signed by:
About Lone Pine Capital
Lone Pine Capital is a well-known hedge fund that was founded in 1997 by Stephen Mandel Jr. The company is headquartered in Greenwich, Connecticut, and has additional offices in New York, London, and Hong Kong. As of 2021, Lone Pine Capital manages over $30 billion in assets and has a reputation for being one of the most successful hedge funds in the world.
Stephen Mandel Jr. is the CEO and Chief Investment Officer of Lone Pine Capital. He is a former managing director at Tiger Management, where he worked under legendary investor Julian Robertson. Mandel is known for his focus on growth-oriented investments and his ability to identify companies with strong competitive advantages.
Lone Pine Capital has a team of over 100 investment professionals who conduct extensive research and analysis to identify investment opportunities. The company's investment strategy is focused on investing in high-quality growth companies with strong fundamentals and attractive valuations. Lone Pine Capital has a diversified portfolio that includes investments in technology, healthcare, consumer goods, and financial services.
While Lone Pine Capital is a private hedge fund and not open to the general public, its success has made it a popular choice for institutional investors and high net worth individuals. The company's track record of strong returns and its reputation for disciplined investment management have helped it to attract a loyal following of investors.
It's important to note that this information is for educational purposes only and has not been fact-checked. As with any investment, it's important to do your own research and consult with a financial advisor before making any investment decisions.
Top long-term holdings
| Name | Quarters owned | Latest quarter owned | Max weighting |
|---|---|---|---|
| MICROSOFT CORP | 38 | Q2 2023 | 9.2% |
| META PLATFORMS INC | 36 | Q3 2022 | 7.6% |
| MASTERCARD INCORPORATED | 33 | Q2 2023 | 7.2% |
| TRANSDIGM GROUP INC | 33 | Q2 2023 | 4.8% |
| ADOBE SYSTEMS INCORPORATED | 32 | Q4 2021 | 7.9% |
| AMAZON COM INC | 30 | Q2 2023 | 9.0% |
| UNITEDHEALTH GROUP INC | 25 | Q2 2023 | 6.8% |
| FLEETCOR TECHNOLOGIES INC | 22 | Q3 2018 | 4.8% |
| SERVICENOW INC | 21 | Q2 2022 | 6.6% |
| VISA INC | 21 | Q2 2023 | 4.5% |
View Lone Pine Capital's complete holdings history.
Latest significant ownerships (13-D/G)
| Filed | Shares | Percentage | |
|---|---|---|---|
| Bath & Body Works, Inc. | February 14, 2023 | 20,630,231 | 9.0% |
| Confluent, Inc. | February 14, 2023 | ? | ? |
| DICK'S SPORTING GOODS, INC. | February 14, 2023 | 5,015,154 | 8.4% |
| Farfetch Ltd | February 14, 2023 | ? | ? |
| Grove Collaborative Holdings, Inc. | February 14, 2023 | ? | ? |
| Marqeta, Inc. | February 14, 2023 | 16,609,826 | 3.4% |
| RH | February 14, 2023 | 1,773,069 | 7.4% |
| Victoria's Secret & Co. | February 14, 2023 | ? | ? |
| VTEX | February 14, 2023 | ? | ? |
| Coupa Software Inc | February 14, 2022 | ? | ? |
View Lone Pine Capital's complete significant-ownership history.
Latest filings
| Type | Filed |
|---|---|
| 13F-HR | 2023-11-14 |
| SC 13G | 2023-09-28 |
| 13F-HR | 2023-08-14 |
| 13F-HR | 2023-05-15 |
| SC 13G/A | 2023-02-14 |
| SC 13G/A | 2023-02-14 |
| SC 13G/A | 2023-02-14 |
| SC 13G/A | 2023-02-14 |
| SC 13G/A | 2023-02-14 |
| SC 13G/A | 2023-02-14 |
View Lone Pine Capital's complete filings history.
All filings
- Holdings (13F-HR)
- Significant ownership (13-D/G)
- Insider transactions (4, 5, 6)
- Events (8-K)
- Shareholder votes (proxy)
View complete filings history.