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 – Booking Holdings Inc. Common St (BKNG), Brookfield Corporation (BN), EQT Corporation (EQT), UnitedHealth Group Incorporated (UNH), Wix (WIX)
Increases – Amazon.com, Inc. (AMZN), Salesforce, Inc. (CRM), KKR & Co. Inc. (KKR), LPL Financial Holdings Inc. (LPLA), Vistra Corp. (VST)
These updates highlight how the portfolio adjusted across different sectors and market conditions, offering insights into allocation shifts and investment trends.
| Date | Symbol | Type | Change Qty |
|---|---|---|---|
Q2 2025 | AMZN Amazon.com, Inc. | Buy | +680,816 |
Q2 2025 | APP Applovin Corporation | Sell | -332,594 |
Q2 2025 | ARES Ares Management Corporation | Sell - Position Exit | -1,604,441 |
Q2 2025 | ASML ASML | Sell | -15,565 |
Q2 2025 | BKNG Booking Holdings Inc. Common St | Buy - Position Entry | +59,972 |
Q2 2025 | BN Brookfield Corporation | Buy - Position Entry | +5,621,385 |
Q2 2025 | CDNS Cadence Design Systems, Inc. | Sell - Position Exit | -1,218,389 |
Q2 2025 | COF Capital One Financial Corporati | Sell | -95,510 |
Q2 2025 | CRM Salesforce, Inc. | Buy | +131,499 |
Q2 2025 | CVNA Carvana Co. | Sell | -548,877 |
Q2 2025 | EQT EQT Corporation | Buy - Position Entry | +7,518,227 |
Q2 2025 | FLUT Flutter Entertainment | Sell | -357,132 |
Q2 2025 | INTU Intuit Inc. | Sell | -632,136 |
Q2 2025 | KKR KKR & Co. Inc. | Buy | +457,998 |
Q2 2025 | LLY Eli Lilly and Company | Sell - Position Exit | -551,827 |
Q2 2025 | LPLA LPL Financial Holdings Inc. | Buy | +108,233 |
Q2 2025 | META Meta Platforms, Inc. | Sell | -93,045 |
Q2 2025 | MSFT Microsoft Corporation | Sell | -105,472 |
Q2 2025 | PM Philip Morris International Inc | Sell | -250,848 |
Q2 2025 | SBUX Starbucks Corporation | Sell | -1,045,934 |
Q2 2025 | TOL Toll Brothers, Inc. | Sell - Position Exit | -3,800,580 |
Q2 2025 | TSM Taiwan Semiconductor Manufactur | Sell | -429,461 |
Q2 2025 | UNH UnitedHealth Group Incorporated | Buy - Position Entry | +1,693,347 |
Q2 2025 | VST Vistra Corp. | Buy | +1,864,931 |
Q2 2025 | WING Wingstop Inc. | Sell - Position Exit | -449,056 |
Q2 2025 | WIX Wix | Buy - Position Entry | +2,161,331 |
Q1 2025 | AMZN Amazon.com, Inc. | Buy | +563,706 |
Q1 2025 | APP Applovin Corporation | Buy | +508,815 |
Q1 2025 | ARES Ares Management Corporation | Sell | -72,602 |
Q1 2025 | ASML ASML | Buy | +140,661 |