Steve Mandel

Lone Pine Capital LLC

as of Mar 31, 2026 · filed May 15, 2026 · 45-day reporting lag · historical report

Source filings

13F-HR 0000919574-26-003439

QuarterCompare any two quarters

Portfolio value$12.5B -7.8% vs. previous quarter

Positions3611 new · 7 sold

Top 529.6%largest VST at 7.4%

Largest moveKKRReduced · -4.6% weight shift

Concentration

How much of the portfolio the biggest positions add up to. Hover the curve, or focus it and use the arrow keys, to inspect each rank.

Longest held

One block per imported quarter, oldest at the left. A full row means held in all of them, not that the position began there.

0%held throughout

MA19

TSM18

LPLA17

BKNG16

ASML HOLDING N V14

Top 3 moves

KKR−4.6%

TER+4.4%

GLW+4.0%

11 new positions and 7 sold; the largest portfolio-weight shift was KKR losing 4.6% of portfolio weight.

Holdings

Reported price is value divided by shares, the manager’s quarter-end mark rather than a traded price.

1–25 of 36, sorted by portfolio weight, high to low

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Reported holdings for Q1 2026

VSTVISTRA CORPUtilities	7.4%+1.2%	Increased18.7%	6,187,585	$150.33	$930.2M
Ticker unavailableASML HOLDING N VUnclassified	6.9%+2.1%	Increased8.3%	655,148	$1320.83	$865.3M
CRSCARPENTER TECHNOLOGYMaterials	5.7%+2.7%	Increased38.5%	1,817,940	$394.15	$716.5M
LPLALPL FINANCIAL HOLDINGS INCFinancials	4.9%-0.5%	Reduced1.2%	2,049,967	$300.83	$616.7M
APPAPPLOVIN CORP-CLASS ACommunication Services	4.6%+0.8%	Increased87.7%	1,464,923	$398.00	$583.0M
TLNTALEN ENERGY CORPUtilities	4.6%+1.1%	Increased40.7%	1,817,947	$319.23	$580.3M
TERNEWTERADYNE INCIndustrials	4.4%+4.4%	New	1,872,876	$296.46	$555.2M
CVNACARVANA COConsumer Discretionary	4.4%-1.1%	Reduced1.4%	1,754,709	$314.38	$551.6M
Ticker unavailableNU HLDGS LTDUnclassified	4.4%+0.7%	Increased28.3%	38,011,225	$14.37	$546.2M
MDLNMEDLINE INC-CL AHealth Care	4.2%+0.6%	Increased0.6%	11,789,156	$44.50	$524.6M
GLWNEWCORNING INCMaterials	4.0%+4.0%	New	3,718,147	$135.97	$505.6M
CLHCLEAN HARBORS INCUtilities	4.0%+1.6%	Increased27.3%	1,754,950	$286.73	$503.2M
MTZNEWMASTEC INCIndustrials	3.9%+3.9%	New	1,531,050	$321.74	$492.6M
TSMTAIWAN SEMICONDUCTOR-SP ADRInformation TechnologySupply chain (as of Q3 2026)	3.7%-3.1%	Reduced54.5%	1,389,530	$337.95	$469.6M
BNBROOKFIELD CORPReal Estate	3.6%-1.8%	Reduced29.6%	11,208,969	$40.47	$453.6M
THCTENET HEALTHCARE CORPHealth Care	3.4%+0.8%	Increased26.4%	2,258,717	$188.71	$426.2M
COFCAPITAL ONE FINANCIAL CORPFinancials	3.3%-0.8%	Reduced1.2%	2,267,056	$182.43	$413.6M
ENTGENTEGRIS INCConsumer Discretionary	2.9%+1.0%	Increased2.0%	3,115,054	$117.24	$365.2M
USFDNEWUS FOODS HOLDING CORPConsumer Staples	2.8%+2.8%	New	3,795,998	$92.21	$350.0M
PFGCNEWPERFORMANCE FOOD GROUP COConsumer Staples	2.7%+2.7%	New	3,978,158	$85.66	$340.8M
MCKNEWMCKESSON CORPHealth Care	2.7%+2.7%	New	392,224	$865.36	$339.4M
CIENNEWCIENA CORPInformation Technology	2.5%+2.5%	New	809,522	$388.23	$314.3M
WULFNEWTERAWULF INCFinancials	2.3%+2.3%	New	19,921,430	$14.43	$287.5M
HUTNEWHUT 8 CORPFinancials	2.3%+2.3%	New	6,078,951	$46.91	$285.2M
AGXNEWARGAN INCIndustrials	1.7%+1.7%	New	393,134	$544.65	$214.1M