Stephen Mandel portfolio: stocks, buys and sells →
Lone Pine Capital: full 13F, sectors and history
Concentrated managerInvestment firmPortfolio as of Jun 30, 2026 (Q2 2026) · filed with the SEC on Aug 14, 2026 · data updated on Nov 5, 2026 · Q2 2026 13F (filing) ↗ · all its 13F filings ↗
A 13F shows the portfolio at quarter-end and is filed up to 45 days later: these are not real-time positions and they may have changed.
Lone Pine Capital reported a $16.4 bn portfolio of 34 positions to the SEC as of the end of Q2 2026. Its largest positions are NBIS, ASML, STX. During the quarter it opened Nebius Group and Seagate Technology Holdings and exited Vistra Operations and Talen Energy.
Sections with a free account
What changed this quarter
49 positions with a change (13 new, 8 added to, 13 trimmed, 15 sold). 12 are listed here: those of 0.5 points of the portfolio or more (up to 12).
- Nebius Group+7.2 ppof portfolioNew— → 7.2%
- Seagate Technology Holdings+5.9 ppof portfolioNew— → 5.9%
- Vistra Operations−5.7 ppof portfolioSold out7.4% → —
- Home Depot+5.6 ppof portfolioNew— → 5.6%
- Applied Materials+5.3 ppof portfolioNew— → 5.3%
- Linde+4.9 ppof portfolioNew— → 4.9%
- Talen Energy−3.5 ppof portfolioSold out4.6% → —
- Carpenter Technology−47%fewer sharesReduced5.7% → 3.6%
- TTM Technologies+3.1 ppof portfolioNew— → 3.1%
- Sterling Infrastructure+3.1 ppof portfolioNew— → 3.1%
- Clean Harbors−3.1 ppof portfolioSold out4.0% → —
- On Holding+2.9 ppof portfolioNew— → 2.9%
The figure on the right: for positions added to or trimmed, the change in the number of shares (%); for new and sold ones, the points of the portfolio moved (pp). Below, the portfolio weight before → after. Traded weight: what it bought or sold, excluding price effects.
Top holdings
- Nebius GroupNBIS7.2%
- ASML HoldingASML6.9%
- Seagate Technology HoldingsSTX5.9%
- Home DepotHD5.6%
- Applied MaterialsAMAT5.3%
- MedlineMDLN5.1%
- LindeLIN4.9%
- TeradyneTER4.4%
- CorningGLW4.3%
- CarvanaCVNA4.2%
- Hut 8HUT4.1%
- Performance Food GroupPFGC4.0%
- Nu HoldingsNU3.9%
- TerawulfWULF3.6%
- Carpenter TechnologyCRS3.6%
“Since”: first quarter of the current run, unbroken until today. In the details, prices are the quarter-end prices of the quarters in which it added shares, per the 13F. The manager may have bought at any price within each quarter; the SEC only publishes the value at quarter end.
Portfolio by sector
- ● Information Technology 50%
- ● Consumer Discretionary 13%
- ● Industrials 9%
- ● Materials 9%
- ● Consumer Staples 7%
- ● Financials 7%
- ● Health Care 5%
How its portfolio changed (8 quarters)
Q2 2026: 34
Q2 2026: 54%
Q2 2026: 43.7%
Traded turnover: the weight it bought plus the weight it sold in the quarter, divided by two, excluding price moves. The plain “turnover” in the header does include that effect. With a free account: the full history and sectors over time.
Stakes above 5% (13D/13G)
Companies where this filer reported holding 5% or more of the shares. It is the figure from its latest filing on each one; history since December 2024.
How we classify it
Investment firm, per its Form ADV of Mar 30, 2026 (high confidence).
The data, as reported: LONE PINE CAPITAL LLC (CRD 156602): 7.B private funds: 12 hedge, 2 pe (gross assets $26.1 bn); 5.D assets by client type: pooled vehicles 98% (of $21.6 bn)
The type comes from a rule applied to that data. If it looks wrong, tell us.
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