Stephen Mandel – Lone Pine Capital Portfolio Activity & Recent Trades (Jun 30, 2025)
As of Jun 30, 2025, the Lone Pine Capital portfolio activity showed several notable changes in holdings, according to the latest SEC 13F filing reported on Aug 14, 2025. The activity included new positions, additions to existing holdings, reductions, and complete exits, providing a clear view of how the portfolio evolved during the quarter.
During Q2 2025, the filing reported:
New Buys – EQT Corporation (EQT), Brookfield Corporation (BN), Wix (WIX), UnitedHealth Group Incorporated (UNH), Booking Holdings Inc. Common St (BKNG)
Increases – Vistra Corp. (VST), Amazon.com, Inc. (AMZN), KKR & Co. Inc. (KKR), Salesforce, Inc. (CRM), LPL Financial Holdings Inc. (LPLA)
These updates highlight how the portfolio adjusted across different sectors and market conditions, offering insights into allocation shifts and investment trends.
Lone Pine Capital Activity
| Date | Symbol | Type | Quantity |
|---|---|---|---|
Q3 2024Sep 30, 2024 | CRM Salesforce, Inc. | Buy - Position Entry | +2,337,830 |
Q3 2024Sep 30, 2024 | WDAY Workday, Inc. | Buy - Position Entry | +1,604,385 |
Q3 2024Sep 30, 2024 | HUT Hut 8 Corp. | Buy - Position Entry | +1,232,752 |
Q3 2024Sep 30, 2024 | AMZN Amazon.com, Inc. | Buy | +1,033,987+23.2% |
Q3 2024Sep 30, 2024 | TLN Talen Energy | Buy - Position Entry | +856,215 |
Q3 2024Sep 30, 2024 | CEG Constellation Energy Corporatio | Buy | +789,278+49.2% |
Q3 2024Sep 30, 2024 | META Meta Platforms, Inc. | Buy | +496,900+35.6% |
Q3 2024Sep 30, 2024 | LPLA LPL Financial Holdings Inc. | Buy | +495,067+29.4% |
Q3 2024Sep 30, 2024 | ARES Ares Management Corporation | Buy | +477,053+30.3% |
Q3 2024Sep 30, 2024 | INTU Intuit Inc. | Buy | +18,911+2.1% |
Q3 2024Sep 30, 2024 | BKNG Booking Holdings Inc. Common St | Sell | -28,763-27.3% |
Q3 2024Sep 30, 2024 | VST Vistra Corp. | Sell | -31,716-0.5% |
Q3 2024Sep 30, 2024 | ASML ASML | Sell | -36,578-6.2% |
Q3 2024Sep 30, 2024 | UNH UnitedHealth Group Incorporated | Sell | -122,437-13.0% |
Q3 2024Sep 30, 2024 | SPOT Spotify | Sell | -134,886-8.0% |
Q3 2024Sep 30, 2024 | GEV GE Vernova Inc. | Sell | -320,997-21.7% |
Q3 2024Sep 30, 2024 | MSFT Microsoft Corporation | Sell | -364,426-18.0% |
Q3 2024Sep 30, 2024 | MCK McKesson Corporation | Sell - Position Exit | -560,936-100.0% |
Q3 2024Sep 30, 2024 | HWM Howmet Aerospace Inc. | Sell | -603,614-16.5% |
Q3 2024Sep 30, 2024 | MA Mastercard Incorporated | Sell - Position Exit | -1,043,557-100.0% |
Q3 2024Sep 30, 2024 | TSM Taiwan Semiconductor Manufactur | Sell | -1,789,337-29.8% |
Q3 2024Sep 30, 2024 | KKR KKR & Co. Inc. | Sell | -1,862,776-29.2% |
Q3 2024Sep 30, 2024 | PM Philip Morris International Inc | Sell | -2,190,473-32.8% |
Q3 2024Sep 30, 2024 | APP Applovin Corporation | Sell | -3,332,572-58.4% |
Q3 2024Sep 30, 2024 | AVDX AvidXchange Holdings, Inc. | Sell - Position Exit | -5,078,341-100.0% |
Q3 2024Sep 30, 2024 | BBWI Bath & Body Works, Inc. | Sell - Position Exit | -11,315,515-100.0% |
Q2 2024Jun 30, 2024 | HWM Howmet Aerospace Inc. | Buy - Position Entry | +3,665,321 |
Q2 2024Jun 30, 2024 | ARES Ares Management Corporation | Buy - Position Entry | +1,574,763 |
Q2 2024Jun 30, 2024 | BBWI Bath & Body Works, Inc. | Buy | +1,547,399+15.8% |
Q2 2024Jun 30, 2024 | GEV GE Vernova Inc. | Buy - Position Entry | +1,477,008 |