As of Q1 2026, this manager reported 36 long-equity positions worth $12.54B in aggregate.
As of Q1 2026, Stephen Mandel's Lone Pine Capital held 36 long-equity positions with a reported value of $12.54B.
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This tab shows every position the manager opened, added to, reduced, or exited compared with the prior quarter, so you can see exactly what changed. The quarter shown is Q1 2026.
| Ticker | Security | Activity | % portfolio | Shares | Value | Reported price | Q range |
|---|---|---|---|---|---|---|---|
| V | VISA INC | Add +509.7% | 0.22% | 92,775 | $28.04M | $302.24 | $294.32 - $358.62(12%)$346.48 -> $302.24 |
| SPOT | SPOTIFY TECHNOLOGY S A | Add +287.6% | 0.27% | 68,844 | $33.38M | $484.91 | $405.00 - $609.20(39%)$575.00 -> $484.91 |
| KKR | KKR & CO INC | Reduce -96.4% | 0.13% | 179,308 | $16.59M | $92.50 | $82.67 - $137.28(18%)$128.90 -> $92.50 |
| APH | AMPHENOL CORP | Reduce -92.1% | 0.22% | 223,084 | $28.19M | $126.35 | $118.24 - $167.04(17%)$139.71 -> $126.35 |
| VMC | VULCAN MATLS CO | Reduce -91.4% | 0.31% | 144,179 | $39.26M | $272.30 | $252.35 - $331.09(25%)$292.65 -> $272.30 |
| APP | APPLOVIN CORP | Add +87.7% | 4.65% | 1,464,923 | $583.04M | $398.00 | $359.00 - $683.50(12%)$618.32 -> $398.00 |
| TDG | TRANSDIGM GROUP INC | Add +85.5% | 0.33% | 35,677 | $41.35M | $1158.96 | $1126.70 - $1463.03(10%)$1358.55 -> $1158.96 |
| TSM | TAIWAN SEMICONDUCTOR MANUFAC | Reduce -54.5% | 3.74% | 1,389,530 | $469.59M | $337.95 | $311.70 - $390.21(33%)$319.61 -> $337.95 |
| HLT | HILTON WORLDWIDE HLDGS INC | Add +54.4% | 0.22% | 89,249 | $27.14M | $304.08 | $285.11 - $333.86(39%)$292.98 -> $304.08 |
| BSX | BOSTON SCIENTIFIC CORP | Reduce -48.1% | 0.05% | 104,655 | $6.57M | $62.75 | $61.25 - $100.90(4%)$94.71 -> $62.75 |
| BKNG | BOOKING HOLDINGS INC | Reduce -48.1% | 0.08% | 2,405 | $10.13M | $4210.32 | $150.62 - $220.75(100%)$212.93 -> $168.41 |
| TLN | TALEN ENERGY CORP | Add +40.6% | 4.63% | 1,817,947 | $580.34M | $319.23 | $301.45 - $424.38(14%)$396.73 -> $319.23 |
| MA | MASTERCARD INCORPORATED | Reduce -40.6% | 0.23% | 57,201 | $28.58M | $499.66 | $480.50 - $589.67(18%)$563.13 -> $499.66 |
| CRS | CARPENTER TECHNOLOGY CORP | Add +38.5% | 5.71% | 1,817,940 | $716.54M | $394.15 | $284.16 - $412.31(86%)$338.34 -> $394.15 |
| BN | BROOKFIELD CORP | Reduce -29.6% | 3.62% | 11,208,969 | $453.63M | $40.47 | $37.93 - $49.57(22%)$46.63 -> $40.47 |
| NU | NU HLDGS LTD | Add +28.3% | 4.35% | 38,011,225 | $546.22M | $14.37 | $13.41 - $18.98(17%)$17.02 -> $14.37 |
| CLH | CLEAN HARBORS INC | Add +27.3% | 4.01% | 1,754,950 | $503.2M | $286.73 | $233.73 - $298.12(82%)$243.44 -> $286.73 |
| THC | TENET HEALTHCARE CORP | Add +26.4% | 3.40% | 2,258,717 | $426.24M | $188.71 | $182.00 - $247.21(10%)$199.45 -> $188.71 |
| VST | VISTRA CORP | Add +18.7% | 7.42% | 6,187,585 | $930.18M | $150.33 | $138.53 - $182.56(27%)$165.23 -> $150.33 |
| ASML | ASML HLDG NV | Add +8.3% | 6.90% | 655,148 | $865.34M | $1320.83 | $1133.48 - $1547.22(45%)$1163.78 -> $1320.83 |
| TER | TERADYNE INC | New | 4.43% | 1,872,876 | $555.23M | $296.46 | $199.26 - $344.92(67%)$207.56 -> $296.46 |
| GLW | CORNING INC | New | 4.03% | 3,718,147 | $505.56M | $135.97 | $83.95 - $162.10(67%)$90.67 -> $135.97 |
| MTZ | MASTEC INC | New | 3.93% | 1,531,050 | $492.6M | $321.74 | $213.20 - $328.69(94%)$227.65 -> $321.74 |
| USFD | US FOODS HLDG CORP | New | 2.79% | 3,795,998 | $350.03M | $92.21 | $74.14 - $102.13(65%)$74.64 -> $92.21 |
| PFGC | PERFORMANCE FOOD GROUP CO | New | 2.72% | 3,978,158 | $340.77M | $85.66 | $80.82 - $99.86(25%)$88.05 -> $85.66 |
| MCK | MCKESSON CORP | New | 2.71% | 392,224 | $339.41M | $865.36 | $794.59 - $999.00(35%)$823.44 -> $865.36 |
| CIEN | CIENA CORP | New | 2.51% | 809,522 | $314.28M | $388.23 | $216.07 - $446.89(75%)$246.06 -> $388.23 |
| WULF | TERAWULF INC | New | 2.29% | 19,921,430 | $287.47M | $14.43 | $11.55 - $18.51(41%)$12.74 -> $14.43 |
| HUT | HUT 8 CORP | New | 2.27% | 6,078,951 | $285.16M | $46.91 | $42.06 - $66.07(20%)$51.27 -> $46.91 |
| ENTG | ENTEGRIS INC | Add +2.0% | 2.91% | 3,115,054 | $365.21M | $117.24 | $85.36 - $142.50(56%)$89.56 -> $117.24 |
| AGX | ARGAN INC | New | 1.71% | 393,134 | $214.12M | $544.65 | $305.69 - $588.00(85%)$325.96 -> $544.65 |
| CVNA | CARVANA CO | Reduce -1.4% | 4.40% | 1,754,709 | $551.65M | $314.38 | $54.46 - $97.38(100%)$80.05 -> $62.88 |
| COF | CAPITAL ONE FINL CORP | Reduce -1.2% | 3.30% | 2,267,056 | $413.58M | $182.43 | $174.98 - $259.64(9%)$247.93 -> $182.43 |
| LPLA | LPL FINL HLDGS INC | Reduce -1.2% | 4.92% | 2,049,967 | $616.69M | $300.83 | $282.27 - $400.16(16%)$361.63 -> $300.83 |
| GOOGL | ALPHABET INC | New | 0.43% | 187,561 | $53.94M | $287.56 | $272.11 - $349.00(20%)$315.15 -> $287.56 |
| AFRM | AFFIRM HLDGS INC | Sold | — | 0 | $0 | — | - |
| AMZN | AMAZON COM INC | Sold | — | 0 | $0 | — | - |
| AVGO | BROADCOM INC | Sold | — | 0 | $0 | — | - |
| DASH | DOORDASH INC | Sold | — | 0 | $0 | — | - |
| MSFT | MICROSOFT CORP | Sold | — | 0 | $0 | — | - |
| PM | PHILIP MORRIS INTL INC | Sold | — | 0 | $0 | — | - |
| WING | WINGSTOP INC | Sold | — | 0 | $0 | — | - |
| MDLN | MEDLINE INC | Add +0.6% | 4.18% | 11,789,156 | $524.62M | $44.50 | $38.50 - $50.88(48%)$40.62 -> $44.50 |