FilingsTodayLone Pine Capital
At a glance
Founded in 1997 by Stephen Mandel, a Tiger Management alumnus, making it one of the "Tiger Cub" funds. It holds 20 to 30 stocks, mostly large growth companies in technology and consumer businesses.
At the end of 2026 Q2, Lone Pine Capital's 13F listed 34 US stocks worth $16.36B. The largest position was Nebius Group at 7.2% of the portfolio, and the top 10 made up 53.9%, a moderately concentrated book. The five biggest holdings were Nebius Group ($1.18B), Asml Holding ($1.13B), Seagate Technology Holdings ($965.1M), Home Depot ($918.1M) and Applied Materials ($873.2M).
Against 2026 Q1, it opened 13 new positions and sold out of 15. The largest new positions were Nebius Group ($1.18B), Seagate Technology Holdings ($965.1M), Home Depot ($918.1M), Applied Materials ($873.2M) and Linde ($808.6M). Among the bigger holdings it added to Medline (+77.9% shares), Carvana (+499.6% shares) and Performance Food Group (+47.1% shares). It trimmed Asml Holding (-13.1%), Teradyne (-20.3%) and Corning (-26.6%). Positions it exited include Vistra, Talen Energy, Clean Harbors, Tenet Healthcare and Capital ONE Financial.
Over 8 quarters from 2024 Q3 to 2026 Q2, the reported portfolio went from $13.41B to $16.36B (+22%) and from 29 to 34 stocks. The largest holding changed over the period: META, VST, TSM and NBIS. New positions and exits added up to 115 over these quarters.
Top 10 by weight
Quarter by quarter (last 8)
| Quarter | Total value | Stocks | New | Exited | Largest |
|---|---|---|---|---|---|
| 2026 Q2 | $16.36B | 34 | 13 | 15 | NBIS |
| 2026 Q1 | $12.54B | 36 | 11 | 7 | VST |
| 2025 Q4 | $13.61B | 32 | 14 | 7 | TSM |
| 2025 Q3 | $13.74B | 25 | 8 | 5 | META |
| 2025 Q2 | $13.81B | 22 | 5 | 5 | VST |
| 2025 Q1 | $11.41B | 22 | 4 | 12 | META |
| 2024 Q4 | $13.47B | 30 | 5 | 4 | META |
| 2024 Q3 | $13.41B | 29 | - | - | META |
Holdings top 34
| Stock | Value | Weight | Share change |
|---|---|---|---|
| Nebius Group NBISNew | $1.18B | 7.19% | New |
| Asml Holding ASMLReduced | $1.13B | 6.92% | -13.1% |
| Seagate Technology Holdings STXNew | $965.1M | 5.90% | New |
| Home Depot HDNew | $918.1M | 5.61% | New |
| Applied Materials AMATNew | $873.2M | 5.34% | New |
| Medline MDLNAdded | $827M | 5.06% | +77.9% |
| Linde LINNew | $808.6M | 4.94% | New |
| Teradyne TERReduced | $722.4M | 4.42% | -20.3% |
| Corning GLWReduced | $696.8M | 4.26% | -26.6% |
| Carvana CVNAAdded | $692.5M | 4.23% | +499.6% |
| Hut 8 HUTReduced | $666.5M | 4.07% | -5.0% |
| Performance Food Group PFGCAdded | $654.3M | 4.00% | +47.1% |
| Nu Holdings NUAdded | $630.9M | 3.86% | +24.2% |
| Terawulf WULFAdded | $596.4M | 3.65% | +21.2% |
| Carpenter Technology CRSReduced | $593.9M | 3.63% | -47.0% |
| Mastec MTZReduced | $559.7M | 3.42% | -12.1% |
| AppLovin APPReduced | $537M | 3.28% | -28.9% |
| TTM Technologies TTMINew | $512.1M | 3.13% | New |
| Sterling Infrastructure STRLNew | $511.7M | 3.13% | New |
| US Foods Holding USFDAdded | $502.5M | 3.07% | +29.5% |
| E.on EONGYNew | $470.4M | 2.88% | New |
| LPL Financial Holdings LPLAReduced | $343.4M | 2.10% | -40.5% |
| Argan AGXReduced | $294.4M | 1.80% | -6.2% |
| Bitdeer Technologies Group BTDRNew | $111.4M | 0.68% | New |
| SharonAI Holdings SHAZNew | $102.4M | 0.63% | New |
| Alphabet GOOGLAdded | $77M | 0.47% | +14.9% |
| Kodiak Gas Services KGSNew | $63.5M | 0.39% | New |
| VI VAdded | $56.9M | 0.35% | +78.9% |
| Interactive Brokers Group IBKRNew | $50.3M | 0.31% | New |
| Taiwan Semiconductor Manufacturing TSMReduced | $48.4M | 0.30% | -92.7% |
| Sea SENew | $47.4M | 0.29% | New |
| Mckesson MCKReduced | $43.7M | 0.27% | -85.3% |
| TransDigm Group TDGReduced | $38M | 0.23% | -20.0% |
| Brookfield BNReduced | $33.8M | 0.21% | -92.9% |
Sold out (vs 2026 Q1)
Source: SEC Form 13F. Options and bonds are excluded; multiple lines for the same stock are combined. Stocks are matched by their SEC-registered names.