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Focused investors/Stephen Mandel

Stephen Mandel - Lone Pine Capital

As of Q1 2026, Stephen Mandel reported 36 long-equity positions worth $12.54B in aggregate.

Copy-investor backtest

Latest quarter
-2.24%
1-year
+7.64%
3-year
+100.69%
3-year top 5
+110.26%

Return from mechanically copying the disclosed 13F equity portfolio after each filing and rebalancing at the next. Method & limitations.

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Updated 2026-06-06 from SEC 13F data.

Live quotes available for 21 of 37 rows. Rows without a quote are marked unavailable.

1WDAYWORKDAY INC7.20%-5,019,190$764.02M$152.2252w: $134.10 - $307.81; reported $152.22
2AMZNAMAZON COM INC7.12%Reduce -25.5%6,686,898$755.62M$113.0052w: $101.26 - $188.11; reported $113.00
3PYPLPAYPAL HLDGS INC6.73%Add +93.4%8,294,340$713.89M$86.0752w: $67.58 - $273.51; reported $86.07
4BBWIBATH & BODY WORKS INC6.34%Reduce -7.2%20,630,231$672.55M$32.6052w: $25.75 - $82.00; reported $32.60
5MSFTMICROSOFT CORP6.22%Reduce -18.6%2,832,272$659.64M$232.9052w: $232.73 - $349.67; reported $232.90
6TSMTAIWAN SEMICONDUCTOR MFG LTD6.21%Add +7.5%9,608,670$658.77M$68.5652w: $67.74 - $145.00; reported $68.56
7DKSDICKS SPORTING GOODS INC4.94%-5,015,154$524.79M$104.6452w: $63.45 - $142.78; reported $104.64
8UNHUNITEDHEALTH GROUP INC4.47%Add +17.4%939,456$474.46M$505.0452w: $383.12 - $553.29; reported $505.04
9EPAMEPAM SYS INC4.24%Reduce -1.9%1,243,044$450.22MNo quoteNo quote
10TMOTHERMO FISHER SCIENTIFIC INC4.23%Reduce -5.0%885,326$449.03M$507.1952w: $497.83 - $672.34; reported $507.19
11MAMASTERCARD INCORPORATED4.14%-1,544,912$439.28M$284.3452w: $281.69 - $399.92; reported $284.34
12RHRH4.11%-1,773,069$436.3M$246.0752w: $207.37 - $699.14; reported $246.07
13LPLALPL FINL HLDGS INC4.08%Reduce -13.5%1,980,362$432.67M$218.4852w: $140.65 - $236.58; reported $218.48
14BKNGBOOKING HOLDINGS INC3.93%Add +6.9%253,570$416.67M$1643.2152w: $65.67 - $108.63; reported $1643.21
15ADSKAUTODESK INC3.91%New2,221,479$414.97M$186.8052w: $163.20 - $335.48; reported $186.80
16METAMETA PLATFORMS INC3.73%Reduce -41.8%2,913,821$395.35M$135.6852w: $134.12 - $353.83; reported $135.68
17TDGTRANSDIGM GROUP INC3.65%New737,523$387.07M$524.8252w: $500.08 - $686.06; reported $524.82
18VVISA INC3.62%-2,161,028$383.91M$177.6552w: $174.83 - $236.96; reported $177.65
19PTCPTC INC2.48%New2,519,988$263.59MNo quoteNo quote
20IBNICICI BANK LIMITED2.31%New11,692,652$245.2M$20.9752w: $16.36 - $23.49; reported $20.97
21EQTEQT CORP2.28%Reduce -6.5%5,935,782$241.88M$40.7552w: $17.95 - $51.97; reported $40.75
22HDBHDFC BANK LTD1.22%New2,223,010$129.87M$58.4252w: $25.30 - $39.22; reported $58.42
23MQMARQETA INC1.11%-16,609,826$118.26MNo quoteNo quote
24SGSWEETGREEN INC0.79%-4,556,503$84.3MNo quoteNo quote
25FCNCAFIRST CTZNS BANCSHARES INC N0.48%Reduce -29.6%64,553$51.48M$797.4252w: $598.01 - $947.71; reported $797.42
26AVDXAVIDXCHANGE HOLDINGS INC0.40%-5,080,632$42.78MNo quoteNo quote
27LNGCHENIERE ENERGY INC0.02%New10,448$1.73MNo quoteNo quote
28VIXYPROSHARES TR II0.02%-100,000$1.71MNo quoteNo quote
29CHKCHESAPEAKE ENERGY CORP0.01%New15,740$1.48MNo quoteNo quote
30SQBLOCK INC0.01%-23,787$1.31MNo quoteNo quote
31GROVGROVE COLLABORATIVE HOLD INC0.00%Reduce -69.5%152,608$342KNo quoteNo quote
37VTEXVTEX-Sold0$0No quoteNo quote
36SHOPSHOPIFY INC-Sold0$0No quoteNo quote
35NOWSERVICENOW INC-Sold0$0No quoteNo quote
34FICOFAIR ISAAC CORP-Sold0$0No quoteNo quote
33TEAMATLASSIAN CORP PLC-Sold0$0No quoteNo quote
32GOOGLALPHABET INC-Sold0$0No quoteNo quote