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Focused investors/Stephen Mandel

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.

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

Live quotes available for 27 of 46 rows. Rows without a quote are marked unavailable.

1CHTRCHARTER COMMUNICATIONS INC N7.09%Reduce -10.2%4,715,772$1.36B$287.92No quote
2STZCONSTELLATION BRANDS INC5.11%Add +14.6%6,380,317$978.17M$153.31No quote
3AMZNAMAZON COM INC5.06%-1,292,728$969.38M$749.87No quote
4MSFTMICROSOFT CORP4.93%Add +4.8%15,213,996$945.4M$62.14No quote
5ATVIACTIVISION BLIZZARD INC3.89%Add +19.4%20,648,534$745.62MNo quoteNo quote
6EAELECTRONIC ARTS INC3.87%Add +9.3%9,422,175$742.09M$78.76No quote
7NKENIKE INC3.82%Reduce -17.5%14,396,950$731.8M$50.83No quote
8DLTRDOLLAR TREE INC3.75%Reduce -39.5%9,316,134$719.02M$77.18No quote
9EQIXEQUINIX INC3.57%Add +6.3%1,912,684$683.61M$357.41No quote
10METAFACEBOOK INC3.56%Reduce -5.1%5,927,908$682.01M$115.05No quote
11BABAALIBABA GROUP HLDG LTD3.49%Add +47.9%7,619,109$669.03M$87.81No quote
12FLTFLEETCOR TECHNOLOGIES INC3.46%Reduce -3.9%4,688,835$663.56MNo quoteNo quote
13AVGOBROADCOM LTD3.29%Add +36.7%3,563,465$629.91M$176.77No quote
14ADBEADOBE SYS INC2.70%Add +8.9%5,027,599$517.59M$102.95No quote
15VVISA INC2.67%Add +180.3%6,551,477$511.15M$78.02No quote
16WMBWILLIAMS COS INC DEL2.65%Add +76.6%16,327,936$508.45M$31.14No quote
17TDGTRANSDIGM GROUP INC2.64%Reduce -9.9%2,028,392$504.99M$248.96No quote
18PYPLPAYPAL HLDGS INC2.57%New12,499,315$493.35M$39.47No quote
19PNCPNC FINL SVCS GROUP INC2.56%New4,196,144$490.78M$116.96No quote
20EXPEEXPEDIA INC DEL2.55%Reduce -39.6%4,317,532$489.09M$113.28No quote
21GOOGALPHABET INC2.53%Reduce -25.6%627,903$484.63M$771.82No quote
22BACBANK AMER CORP2.50%New21,671,362$478.94M$22.10No quote
23VMCVULCAN MATLS CO2.44%Reduce -25.2%3,738,010$467.81M$125.15No quote
24ULTAULTA SALON COSMETCS & FRAG I2.39%Reduce -39.1%1,797,638$458.29M$254.94No quote
25PCLNPRICELINE GRP INC2.33%Reduce -47.0%304,471$446.37MNo quoteNo quote
26SHPGSHIRE PLC1.69%Add +12.4%1,904,306$324.46MNo quoteNo quote
27SYMCSYMANTEC CORP1.65%New13,271,908$317.07MNo quoteNo quote
28LULULULULEMON ATHLETICA INC1.53%Reduce -19.4%4,504,208$292.73M$64.99No quote
29EBAYEBAY INC1.49%Reduce -71.0%9,605,806$285.2M$29.69No quote
30TVGRUPO TELEVISA SA1.48%Reduce -25.1%13,533,097$282.71MNo quoteNo quote
31ECAENCANA CORP1.28%New20,888,437$245.23MNo quoteNo quote
32ICEINTERCONTINENTAL EXCHANGE IN1.24%Add +250.0%4,225,637$238.41M$56.42No quote
33ALGNALIGN TECHNOLOGY INC1.24%Add +1.6%2,476,534$238.07M$96.13No quote
34LNGCHENIERE ENERGY INC1.12%Reduce -51.7%5,186,332$214.87MNo quoteNo quote
35COMMCOMMSCOPE HLDG CO INC0.74%-3,792,871$141.1MNo quoteNo quote
36RICERICE ENERGY INC0.42%New3,735,035$79.74MNo quoteNo quote
37HDBHDFC BANK LTD0.42%Reduce -67.5%1,312,249$79.63M$60.68No quote
38SHLDSEARS HLDGS CORP0.17%-3,500,000$32.52MNo quoteNo quote
39VXXZZZZBARCLAYS BK PLC0.08%Add +500.0%600,000$15.31MNo quoteNo quote
40UVXYZZZZPROSHARES TR II0.02%-100,000$4.38MNo quoteNo quote
46YUMYUM BRANDS INC-Sold0$0No quoteNo quote
45MNSTMONSTER BEVERAGE CORP NEW-Sold0$0No quoteNo quote
44MHKMOHAWK INDS INC-Sold0$0No quoteNo quote
43KMIKINDER MORGAN INC DEL-Sold0$0No quoteNo quote
42HLTHILTON WORLDWIDE HLDGS INC-Sold0$0No quoteNo quote
41HCAHCA HOLDINGS INC-Sold0$0No quoteNo quote