Stephen Mandel
Lone Pine Capital
Stephen Mandel Applovin Corp stake
total: 294
Lone Pine Capital APP trades
- Total transactions:
- 9
- New positions:
- 1
- Added:
- 3
- Reduced:
- 5
- Held since:
- 2024 Q1
- Held for:
- 9 quarters
- Latest activity:
- 2026 Q1
According to 2026 Q1 report, Stephen Mandel holds 1,464,923 Applovin Corp (APP) shares with a market value of roughly $583.04M accounting for 4.65% of the overall portfolio. To date, the estimated cost basis is nearly $117.07 for "buy" trades and estimated average "sell" price is $239.07. Lone Pine Capital first purchased APP in 2024 Q1, initially acquiring about 5.32M shares. Since the initial investment in Applovin Corp (APP), Lone Pine Capital has made 8 more transactions.
When did Stephen Mandel buy Applovin Corp (APP)?
Stephen Mandel first invested in Applovin Corp (APP) in 2024 Q1 at the reported quarter-end price of $69.22 per share.
What's the cost basis of Lone Pine Capital's APP stake?
The estimated cost basis for Applovin Corp (APP) stake is around $117.07 per share. This represents their average reported price* across all buy transactions
Estimated cost basis*
- Weighted AVG buy price:
- $117.07
- Weighted AVG sell price:
- $239.07
Stephen Mandel's historical trades in Applovin Corp
9 results
| Period |
% of portfolio |
Shares held after* |
Reported price* |
Value* |
% (shares) of activity |
% change to portfolio |
|---|---|---|---|---|---|---|
|
2026 Q1
|
4.65%
|
1,464,923
|
$398.00
|
$583,039,354
|
+87.68% (+684,393)
|
+2.17%
|
|
2025 Q4
|
3.86%
|
780,530
|
$673.82
|
$525,936,725
|
-29.63% (-328,608)
|
-1.61%
|
|
2025 Q3
|
5.80%
|
1,109,138
|
$718.54
|
$796,960,019
|
-12.07% (-152,196)
|
-0.79%
|
|
2025 Q2
|
3.20%
|
1,261,334
|
$350.08
|
$441,567,807
|
-20.87% (-332,594)
|
-1.02%
|
|
2025 Q1
|
3.70%
|
1,593,928
|
$264.97
|
$422,343,102
|
+46.89% (+508,815)
|
+1.18%
|
|
2024 Q4
|
2.61%
|
1,085,113
|
$323.83
|
$351,392,143
|
-54.21% (-1,284,753)
|
-3.1%
|
|
2024 Q3
|
2.31%
|
2,369,866
|
$130.55
|
$309,386,006
|
-58.44% (-3,332,572)
|
-3.53%
|
|
2024 Q2
|
3.85%
|
5,702,438
|
$83.22
|
$474,556,890
|
+7.20% (+382,767)
|
+0.26%
|
|
2024 Q1
|
2.91%
|
5,319,671
|
$69.22
|
$368,227,627
|
new
|
+2.91%
|
* Shares, change to shares, sold shares, shares held after: split-adjusted.
* Reported price: this doesn't represent the actual buy or sell price. It is the split-adjusted price of the security as of the last day of the reported period.
If the security is completely sold out, we show the reported split-adjusted price prior to the actual period.
If the security is completely sold out, we show the reported split-adjusted price prior to the actual period.
* Estimated cost basis: based on "Reported price*" (not earlier than 2013 Q2). Calculation starts from the latest "new buy" activity to the latest "close out" activity (if any).
* Value or Price: If the security is completely sold out, we show the reported value (or price) prior to the actual period.
* New buy or own: this means there is no earlier reporting (for us or in general). So we can't know if the actual purchase of the security happened at the reported period or earlier.