Stephen Mandel

Lone Pine Capital

Tiger cub, growth at scale

Concentrated growth, public and private.

$16.4B

reported portfolio

positions

Jun 30, 2026

quarter ended

moves last filing

Latest moves

AddedCVNA+500%ExitedVISTRA CORPExitedTALEN ENERGY CORPExitedCLEAN HARBORS INCExitedTENET HEALTHCARE CExitedCAPITAL ONE FINL CExitedENTEGRIS INCExitedCIENA CORPExitedVULCAN MATLS COExitedSPOTIFY TECHNOLOGYExitedMASTERCARD INCORPOExitedAMPHENOL CORPExitedHILTON WORLDWIDE HExitedKKR & CO INCExitedBOOKING HOLDINGS IExitedBOSTON SCIENTIFIC TrimmedBN−93%TrimmedTSM−93%TrimmedMCK−85%AddedV+79%AddedMDLN+78%AddedPFGC+47%TrimmedCRS−47%TrimmedLPLA−41%

Share-count changes versus the prior quarter's filing.

33 listed positions · 1 without a US ticker omitted

Ticker	Company	Est. position	Weight	Since disclosed
NBIS NEBIUS GROUP N.V.	NEBIUS GROUP N.V.	$1.2B	7.2%	−19.1%
ASML ASML HLDG NV	ASML HLDG NV	$1.1B	6.9%	−15.6%
STX SEAGATE TECHNOLOGY HLDNGS PL	SEAGATE TECHNOLOGY HLDNGS PL	$965.1M	5.9%	−11.0%
HD HOME DEPOT INC	HOME DEPOT INC	$918.1M	5.6%	−14.9%
AMAT APPLIED MATLS INC	APPLIED MATLS INC	$873.2M	5.3%	−38.5%
MDLN MEDLINE INC	MEDLINE INC	$827.0M	5.1%	−19.8%
LIN LINDE PLC	LINDE PLC	$808.6M	4.9%	−11.3%
TER TERADYNE INC	TERADYNE INC	$722.4M	4.4%	−23.2%
GLW CORNING INC	CORNING INC	$696.8M	4.3%	−41.2%
CVNA CARVANA CO	CARVANA CO	$692.5M	4.2%	−1.1%

Values as reported on the fund’s SEC Form 13F. "Since disclosed" is the price change from the quarter end to today.

Source: SEC Form 13F-HR · filings on EDGAR ↗

last 60 days