Stephen Mandel - Lone Pine Capital

As of Q2 2026, Stephen Mandel reported 34 long-equity positions worth $16.36B in aggregate.

Copy-investor backtest

Latest quarter: +4.81%
1-year: +0.17%
3-year: +87.28%
5-year: +14.37%
3-year vs S&P 500: +14.05%
5-year vs S&P 500: -59.31%
5-year top 5: +11.49%

Return from mechanically copying the disclosed 13F equity portfolio after each filing and rebalancing at the next. The vs S&P 500 figures subtract SPY over that manager's own rebalance dates, so both sides cover the same days; both are price return, excluding dividends. Method & limitations.

Get email alerts when Stephen Mandel files a new 13F — sign in or create a free account.

Filing period

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

Live quotes available for 30 of 61 rows. Rows without a quote are marked unavailable.


1	FXE	CURRENCYSHARES EURO TR	8.19%	-	20,000,000	$2.19B	No quote	No quote
2	CHTR	CHARTER COMMUNICATIONS INC D	5.40%	Add +153.2%	8,427,312	$1.44B	$171.25	No quote
3	JD	JD COM INC	5.34%	Add +8.7%	41,890,558	$1.43B	$34.10	No quote
4	PCLN	PRICELINE GRP INC	5.13%	Reduce -10.4%	1,191,794	$1.37B	No quote	No quote
5	MSFT	MICROSOFT CORP	4.86%	Add +70.0%	29,427,324	$1.3B	$44.15	No quote
6	ILMN	ILLUMINA INC	4.64%	Add +96.5%	5,678,537	$1.24B	$218.36	No quote
7	VRX	VALEANT PHARMACEUTICALS INTL	4.41%	Reduce -4.7%	5,310,143	$1.18B	No quote	No quote
8	WMB	WILLIAMS COS INC DEL	3.70%	Add +24.8%	17,229,048	$988.78M	$57.39	No quote
9	MA	MASTERCARD INC	3.40%	Reduce -25.0%	9,726,632	$909.25M	$93.48	No quote
10	FLT	FLEETCOR TECHNOLOGIES INC	3.20%	-	5,478,615	$854.99M	No quote	No quote
11	META	FACEBOOK INC	3.13%	Add +20.4%	9,761,722	$837.21M	$85.77	No quote
12	NKE	NIKE INC	2.89%	Add +26.0%	7,155,860	$772.98M	$108.02	No quote
13	EQIX	EQUINIX INC	2.86%	Add +10.1%	3,005,944	$763.51M	$254.00	No quote
14	ADBE	ADOBE SYS INC	2.81%	Reduce -23.1%	9,264,439	$750.51M	$81.01	No quote
15	AGN	ALLERGAN PLC	2.61%	New	2,297,966	$697.34M	No quote	No quote
16	V	VISA INC	2.24%	Reduce -6.4%	8,900,538	$597.67M	$67.15	No quote
17	LNG	CHENIERE ENERGY INC	2.06%	Reduce -0.9%	7,943,511	$550.17M	No quote	No quote
18	74347W	PROSHARES TR II	1.97%	-	12,000,000	$527.52M	No quote	No quote
19	SBAC	SBA COMMUNICATIONS CORP	1.97%	Reduce -29.0%	4,584,339	$527.06M	$114.97	No quote
20	TDG	TRANSDIGM GROUP INC	1.86%	-	2,215,423	$497.74M	$224.67	No quote
21	HOUS	REALOGY HLDGS CORP	1.82%	-	10,406,478	$486.19M	No quote	No quote
22	LOW	LOWES COS INC	1.77%	Add +19.2%	7,053,887	$472.4M	$66.97	No quote
23	HCA	HCA HOLDING INC	1.70%	Reduce -14.2%	5,007,242	$454.26M	$90.72	No quote
24	WBA	WALGREENS BOOTS ALLIANCE INC	1.64%	Add +101.1%	5,198,204	$438.94M	No quote	No quote
25	DVA	DAVITA HEALTHCARE PARTNERS I	1.62%	-	5,455,774	$433.57M	$79.47	No quote
26	FNF	FIDELITY NATIONAL FINANCIAL	1.62%	Add +18.4%	11,687,695	$432.33M	$36.99	No quote
27	MHK	MOHAWK INDS INC	1.40%	-	1,958,565	$373.89M	$190.90	No quote
28	MHP	MCGRAW HILL FINL INC	1.36%	Reduce -20.8%	3,625,834	$364.22M	No quote	No quote
29	ULTA	ULTA SALON COSMETCS & FRAG I	1.35%	Reduce -5.5%	2,337,670	$361.05M	$154.45	No quote
30	DEO	DIAGEO P L C	1.24%	New	2,850,000	$330.71M	$116.04	No quote
31	ADSK	AUTODESK INC	1.15%	Reduce -24.0%	6,158,948	$308.41M	$50.07	No quote
32	VMC	VULCAN MATLS CO	1.09%	Add +143.5%	3,460,099	$290.41M	$83.93	No quote
33	SUNEQ	SUNEDISON INC	1.08%	Reduce -13.8%	9,663,802	$289.04M	No quote	No quote
34	ENDPQ	ENDO INTL PLC	1.06%	Add +9.2%	3,570,117	$284.36M	No quote	No quote
35	HBI	HANESBRANDS INC	0.95%	New	7,588,105	$252.84M	No quote	No quote
36	AAP	ADVANCE AUTO PARTS INC	0.73%	New	1,217,455	$193.93M	$159.29	No quote
37	LMCK	LIBERTY MEDIA CORP DELAWARE	0.61%	Add +1.3%	4,571,191	$164.11M	No quote	No quote
38	CSX	CSX CORP	0.59%	New	4,848,300	$158.3M	$32.65	No quote
39	ANET	ARISTA NETWORKS INC	0.58%	Add +27.2%	1,895,925	$154.97M	$81.74	No quote
40	MTG	MGIC INVT CORP WIS	0.53%	-	12,403,003	$141.15M	$11.38	No quote
41	HDB	HDFC BANK LTD	0.46%	-	2,014,620	$121.95M	$60.53	No quote
42	GRA	GRACE W R & CO DEL NEW	0.45%	Reduce -58.4%	1,206,801	$121.04M	No quote	No quote
43	SWI	SOLARWINDS INC	0.43%	Add +5.5%	2,518,528	$116.18M	No quote	No quote
44	HZNP	HORIZON PHARMA PLC	0.42%	New	3,204,972	$111.34M	No quote	No quote
45	06742E	BARCLAYS BK PLC	0.41%	Reduce -52.7%	5,500,000	$110.55M	No quote	No quote
46	LMCAD	LIBERTY MEDIA CORP DELAWARE	0.41%	Add +9.1%	3,013,061	$108.59M	No quote	No quote
47	PRGO	PERRIGO CO PLC	0.26%	New	375,924	$69.48M	$184.83	No quote
48	SHLD	SEARS HLDGS CORP	0.22%	-	2,163,100	$57.76M	No quote	No quote
49	EA	ELECTRONIC ARTS INC	0.20%	New	794,440	$52.83M	$66.50	No quote
50	SCHW	SCHWAB CHARLES CORP NEW	0.09%	New	748,520	$24.44M	$32.65	No quote
51	KSU	KANSAS CITY SOUTHERN	0.08%	New	231,220	$21.09M	No quote	No quote
61	VIPS	VIPSHOP HLDGS LTD	-	Sold	0	$0	No quote	No quote
60	RIG	TRANSOCEAN LTD	-	Sold	0	$0	No quote	No quote
59	KORS	MICHAEL KORS HLDGS LTD	-	Sold	0	$0	No quote	No quote
58	JAZZ	JAZZ PHARMACEUTICALS PLC	-	Sold	0	$0	No quote	No quote
57	CTSH	COGNIZANT TECHNOLOGY SOLUTIO	-	Sold	0	$0	No quote	No quote
56	CDK	CDK GLOBAL INC	-	Sold	0	$0	No quote	No quote
55	CP	CANADIAN PAC RY LTD	-	Sold	0	$0	No quote	No quote
54	BIDU	BAIDU INC	-	Sold	0	$0	No quote	No quote
53	AAPL	APPLE INC	-	Sold	0	$0	No quote	No quote
52	ACTZZZZ	ACTAVIS PLC	-	Sold	0	$0	No quote	No quote