Steve Mandel
Lone Pine Capital LLC
Filed Nov 14, 2025, 45 days after the quarter ended · 13F-HR 0000902664-25-004988
Q2 2026 13F data is not published yet; the SEC filing deadline is August 14, 2026.
Portfolio structure
Size by reported market value, hue by sectorSector allocation
Share of portfolio value · derived from SEC SIC codes, not licensed GICS dataSegments run in GICS sector order
- Energy3.3%
- Materials3.1%
- Industrials1.2%
- Consumer Discretionary19.8%
- Consumer Staples5.4%
- Financials13.3%
- Information Technology19.3%
- Communication Services12.9%
- Utilities10.4%
- Real Estate5.1%
- Unclassified6.2%
93.8% of the value that can carry an issuer sector is classified · rule set sic-sector-v2
Sector Allocation Over Time
All available quarters · Share of portfolio valueClassification coverage varies across these quarters, so part of a band's movement may be a change in what could be resolved rather than in what was held.
All positions
Sorted by portfolio weight, high to lowMETAMETA PLATFORMS INC-CLASS ACUSIP 30303M102 | Communication Services | $0.97B | 7.1% | Reduced |
VSTVISTRA CORPCUSIP 92840M102Supply-chain analysis | Utilities | $0.92B | 6.7% | Reduced |
TSMTAIWAN SEMICONDUCTOR-SP ADRCUSIP 874039100Supply-chain analysis | Information Technology | $0.85B | 6.2% | Reduced |
APPAPPLOVIN CORP-CLASS ACUSIP 03831W108 | Communication Services | $0.80B | 5.8% | Reduced |
LPLALPL FINANCIAL HOLDINGS INCCUSIP 50212V100 | Financials | $0.75B | 5.5% | Increased |
PMPHILIP MORRIS INTERNATIONALCUSIP 718172109 | Consumer Staples | $0.75B | 5.4% | Increased |
BNBROOKFIELD CORPCUSIP 11271J107Supply-chain analysisas of Q4 2025 | Real Estate | $0.70B | 5.1% | Increased |
CVNACARVANA COCUSIP 146869102 | Consumer Discretionary | $0.67B | 4.8% | Reduced |
MSFTMICROSOFT CORPCUSIP 594918104 | Information Technology | $0.63B | 4.6% | Reduced |
AMZNAMAZON.COM INCCUSIP 023135106Supply-chain analysis | Consumer Discretionary | $0.62B | 4.5% | Reduced |
COFCAPITAL ONE FINANCIAL CORPCUSIP 14040H105 | Financials | $0.55B | 4.0% | Reduced |
KKRKKR & CO INCCUSIP 48251W104 | Financials | $0.53B | 3.9% | Reduced |
AVGOBROADCOM INCCUSIP 11135F101 | Information Technology | $0.51B | 3.7% | New |
TLNTALEN ENERGY CORPCUSIP 87422Q109 | Utilities | $0.51B | 3.7% | Increased |
SBUXSTARBUCKS CORPCUSIP 855244109 | Consumer Discretionary | $0.47B | 3.4% | Unchanged |
EQTEQT CORPCUSIP 26884L109 | Energy | $0.46B | 3.3% | Increased |
Ticker unavailableFLUTTER ENTMT PLCCUSIP G3643J108 | Unclassified | $0.44B | 3.2% | Reduced |
VMCVULCAN MATERIALS COCUSIP 929160109 | Materials | $0.43B | 3.1% | New |
Ticker unavailableNU HLDGS LTDCUSIP G6683N103 | Unclassified | $0.41B | 3.0% | New |
WINGWINGSTOP INCCUSIP 974155103 | Consumer Discretionary | $0.38B | 2.7% | New |
APHAMPHENOL CORP-CL ACUSIP 032095101 | Information Technology | $0.37B | 2.7% | New |
SESEA LTD-ADRCUSIP 81141R100 | Consumer Discretionary | $0.33B | 2.4% | New |
CIENCIENA CORPCUSIP 171779309 | Information Technology | $0.29B | 2.1% | New |
ETSYETSY INCCUSIP 29786A106 | Consumer Discretionary | $0.26B | 1.9% | New |
BKNGBOOKING HOLDINGS INCCUSIP 09857L108 | Industrials | $0.17B | 1.2% | Reduced |