Stephen Mandel - Lone Pine Capital Portfolio Holdings
As of Sep 30, 2025, the Lone Pine Capital portfolio holdings is valued at approximately $13,742,951,177.00 featuring 25 publicly traded holdings. This in-depth profile highlights the top investments led by META PLATFORMS INC (META), VISTRA CORP (VST), TAIWAN SEMICONDUCTOR MFG LTD (TSM), APPLOVIN CORP (APP), and others based on the company's latest SEC filings reported on Nov 14, 2025. Explore insights into portfolio composition, sector allocation, and recent trade activity.
Lone Pine Capital's stock portfolio spans 25 holdings across 9 sectors, with a total market value of $13,742,951,177.00. The Technology sector represents the largest allocation, while the top holdings account for nearly 56% of the total portfolio value. META PLATFORMS INC remains the single largest position at 7.1% of all equity investments.
Complete Holdings
Showing 25 of 25 holdings.
| # | Company | Symbol | Sector | Portfolio % | Shares | Change (Shares) | Change % | Value |
|---|---|---|---|---|---|---|---|---|
| 1 | META PLATFORMS INC | META | Communication Services | 7.07% | 1,322,260 | -342,757 | -20.59% | $971,041,299.00 |
| 2 | VISTRA CORP | VST | Utilities | 6.70% | 4,699,241 | -1,770,478 | -27.37% | $920,675,297.00 |
| 3 | TAIWAN SEMICONDUCTOR MFG LTD | TSM | Technology | 6.20% | 3,052,400 | -383,520 | -11.16% | $852,504,796.00 |
| 4 | APPLOVIN CORP | APP | Technology | 5.80% | 1,109,138 | -152,196 | -12.07% | $796,960,019.00 |
| 5 | LPL FINL HLDGS INC | LPLA | Financial Services | 5.46% | 2,255,714 | +383,466 | +20.48% | $750,453,491.00 |
| 6 | PHILIP MORRIS INTL INC | PM | Consumer Defensive | 5.45% | 4,614,443 | +1,856,749 | +67.33% | $748,462,655.00 |
| 7 | BROOKFIELD CORP | BN | Financial Services | 5.08% | 10,181,348 | +4,559,963 | +81.12% | $698,236,846.00 |
| 8 | CARVANA CO | CVNA | Consumer Cyclical | 4.85% | 1,765,291 | - | - | $665,938,377.00 |
| 9 | MICROSOFT CORP | MSFT | Technology | 4.56% | 1,208,605 | -646,251 | -34.84% | $625,996,960.00 |
| 10 | AMAZON COM INC | AMZN | Consumer Cyclical | 4.49% | 2,811,928 | -2,221,628 | -44.14% | $617,415,031.00 |
| 11 | CAPITAL ONE FINL CORP | COF | Financial Services | 3.97% | 2,569,491 | -511,142 | -16.59% | $546,222,397.00 |
| 12 | KKR & CO INC | KKR | Financial Services | 3.86% | 4,080,561 | -1,141,208 | -21.85% | $530,268,902.00 |
| 13 | BROADCOM INC | AVGO | Technology | 3.72% | 1,549,412 | +1,549,412 | +100.00% | $511,166,513.00 |
| 14 | TALEN ENERGY CORP | TLN | Other | 3.69% | 1,192,516 | +103,136 | +9.47% | $507,272,456.00 |
| 15 | STARBUCKS CORP | SBUX | Consumer Cyclical | 3.42% | 5,561,954 | - | - | $470,541,308.00 |
| 16 | EQT CORP | EQT | Energy | 3.31% | 8,361,889 | +843,662 | +11.22% | $455,137,618.00 |
| 17 | FLUTTER ENTMT PLC | FLUT | Other | 3.20% | 1,733,336 | -129,428 | -6.95% | $440,267,344.00 |
| 18 | VULCAN MATLS CO | VMC | Basic Materials | 3.10% | 1,384,624 | -2,353,386 | -62.96% | $425,938,035.00 |
| 19 | NU HLDGS LTD | G6683N103 | Other | 2.96% | 25,406,449 | +25,406,449 | +100.00% | $406,757,248.00 |
| 20 | WINGSTOP INC | WING | Consumer Cyclical | 2.73% | 1,491,245 | +1,042,189 | +232.08% | $375,316,542.00 |
| 21 | AMPHENOL CORP NEW | APH | Technology | 2.72% | 3,023,231 | +3,023,231 | +100.00% | $374,124,836.00 |
| 22 | SEA LTD | SE | Consumer Cyclical | 2.43% | 1,869,501 | +1,842,501 | +6824.08% | $334,135,914.00 |
| 23 | CIENA CORP | CIEN | Technology | 2.13% | 2,006,662 | +2,006,662 | +100.00% | $292,310,454.00 |
| 24 | ETSY INC | ETSY | Consumer Cyclical | 1.87% | 3,880,316 | +3,880,316 | +100.00% | $257,614,179.00 |
| 25 | BOOKING HOLDINGS INC | BKNG | Consumer Cyclical | 1.22% | 31,151 | -28,821 | -48.06% | $168,192,660.00 |
Holdings by Sector
| Sector | Allocation | Value |
|---|---|---|
| Technology | 25.13% | $3,453,063,578.00 |
| Consumer Cyclical | 21.02% | $2,889,154,011.00 |
| Financial Services | 18.37% | $2,525,181,636.00 |
| Other | 9.85% | $1,354,297,048.00 |
| Communication Services | 7.07% | $971,041,299.00 |
| Utilities | 6.70% | $920,675,297.00 |
| Consumer Defensive | 5.45% | $748,462,655.00 |
| Energy | 3.31% | $455,137,618.00 |
| Basic Materials | 3.10% | $425,938,035.00 |
Portfolio insights
As of Sep 30, 2025, the Lone Pine Capital portfolio holds 25 securities valued at $13,742,951,177.00. The Technology sector represents the largest allocation, while the top positions account for a significant portion of the total portfolio weight.