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 2025Q1 - net new, added, trimmed, exited.
New positions4 names
Added to10 names
- INTUINTUIT+247,040$151.7M
- APPAPPLOVIN CORP+508,815$134.8M
- MSFTMICROSOFT CORP+320,631$120.4M
- AMZNAMAZON COM INC+563,706$107.3M
- ASMLASML HOLDING N V+140,661$93.2M
- KKRKKR & CO INC+715,628$82.7M
- G3643JFLUTTER ENTMT PLC+307,377$68.1M
- CRMSALESFORCE COM INC+166,487$44.7M
- TSMTAIWAN SEMICONDUCTOR MFG LTD+104,937$17.4M
- SBUXSTARBUCKS CORP+132,831$13.0M
Trimmed7 names
Exited12 names
- PTCPTC INC−2,326,231$427.7M
- SPOTSPOTIFY TECHNOLOGY S A−913,564$408.7M
- WDAYWORKDAY INC−1,543,464$398.3M
- CEGCONSTELLATION ENERGY CORP−1,737,526$388.7M
- HWMHOWMET AEROSPACE INC−3,061,707$334.9M
- XYZBLOCK INC−3,765,793$320.1M
- LENLENNAR CORP−1,717,903$234.3M
- G11448BITDEER TECHNOLOGIES GROUP−986,717$21.4M
- HUTHUT 8 CORP−692,839$14.2M
- CIFRCIPHER MINING INC−2,344,380$10.9M
- WULFTERAWULF INC−1,480,928$8.4M
- Q4982LIRIS ENERGY LTD−711,839$7.0M
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
