Hedge Fund · CIK 0001061165
Stephen Mandel
Lone Pine Capital
Stephen Mandel runs Lone Pine Capital, a hedge fund overseeing $13.61B in disclosed equity holdings (SEC CIK 0001061165). The latest portfolio (2025Q4) discloses 32 positions across 9 sectors, with the largest positions in TSM, VST and CVNA. On a mark-to-market basis the tracked portfolio has returned 31.7% over the past year. OpenStocks tracks 40 consecutive quarterly snapshots for this manager — every position change, new entry, and exit is logged below.
Portfolio
$13.61B
Positions
32
Quarter
2025Q4
Filings tracked
40
Capital flow per quarter
BuysSellsNet
Latest · 2025Q4
+$88M
Lifetime buys
$39.85B
Lifetime sells
$53.29B
Quarter activity
What changed in 2024Q4 - net new, added, trimmed, exited.
New positions4 names
Added to5 names
Trimmed19 names
- APPAPPLOVIN CORP−1,284,753$416.0M
- AMZNAMAZON COM INC−1,693,233$371.5M
- XYZBLOCK INC−3,904,730$331.9M
- SPOTSPOTIFY TECHNOLOGY S A−638,965$285.9M
- CRMSALESFORCE COM INC−772,637$258.3M
- VSTVISTRA CORP−1,453,326$200.4M
- LENLENNAR CORP−1,209,751$165.0M
- CEGCONSTELLATION ENERGY CORP−656,705$146.9M
- TSMTAIWAN SEMICONDUCTOR MFG LTD−452,417$89.3M
- LPLALPL FINL HLDGS INC−257,389$84.0M
- ASMLASML HOLDING N V−109,547$75.9M
- KKRKKR & CO INC−474,587$70.2M
- + 7 more…
Recent transactions
Last 20 moves
TRIM
CAPITAL ONE FINL CORP
−274,600
~$242.36 · 2025Q4
2026-02-17
ADD
BROOKFIELD CORP
+5,742,012
~$45.89 · 2025Q4
2026-02-17
SOLD
FLUTTER ENTMT PLC
−1,733,336
~$254.00 · 2025Q4
2026-02-17
TRIM
LPL FINL HLDGS INC
−180,766
~$357.17 · 2025Q4
2026-02-17
SOLD
META PLATFORMS INC
−1,322,260
~$734.38 · 2025Q4
2026-02-17
TRIM
PHILIP MORRIS INTL INC
−1,970,864
~$160.40 · 2025Q4
2026-02-17
SOLD
STARBUCKS CORP
−5,561,954
~$84.60 · 2025Q4
2026-02-17
ADD
TALEN ENERGY CORP
+100,000
~$374.84 · 2025Q4
2026-02-17
ADD
VULCAN MATLS CO
+299,308
~$285.22 · 2025Q4
2026-02-17
TRIM
AMPHENOL CORP NEW
−213,458
~$135.14 · 2025Q4
2026-02-17
TRIM
BOOKING HOLDINGS INC
−26,521
~$5355.33 · 2025Q4
2026-02-17
