Stephen Mandel
Lone Pine Capital
Stephen Mandel Salesforce.com Inc stake
total: 294
Lone Pine Capital CRM trades
- Total transactions:
- 23
- New positions:
- 5
- Sold out:
- 5
- Added:
- 8
- Reduced:
- 5
- Held since:
- 2024 Q3
- Held for:
- 4 quarters
- Latest activity:
- 2025 Q3
According to 2026 Q1 report, Stephen Mandel doesn't hold any Salesforce.com Inc (CRM) shares. To date, the estimated cost basis is nearly $273.32 for "buy" trades and estimated average "sell" price is $290.76. Lone Pine Capital first purchased CRM in 2017 Q2, initially acquiring about 2.65M shares. Stephen Mandel later completely sold out the position and invested in Salesforce.com Inc again in 2024 Q3. Since the initial investment in Salesforce.com Inc (CRM), Lone Pine Capital has made 22 more transactions.
When did Stephen Mandel sell Salesforce.com Inc (CRM)?
Stephen Mandel sold off the entire Salesforce.com Inc (CRM) position in 2025 Q3.
When did Stephen Mandel buy Salesforce.com Inc (CRM)?
Stephen Mandel first invested in Salesforce.com Inc (CRM) in 2017 Q2 at the reported quarter-end price of $86.60 per share.
What's the cost basis of Lone Pine Capital's CRM stake?
The estimated cost basis for Salesforce.com Inc (CRM) stake is around $273.32 per share. This represents their average reported price* across all buy transactions
Estimated cost basis*
- Weighted AVG buy price:
- $273.32
- Weighted AVG sell price:
- $290.76
Stephen Mandel's historical trades in Salesforce.com Inc
23 results
| Period |
% of portfolio |
Shares held after* |
Reported price* |
Value* |
% (shares) of activity |
% change to portfolio |
|---|---|---|---|---|---|---|
|
2025 Q3
|
0.00%
|
0
|
$272.69
|
|
-100% (-1,863,179)
|
-3.68%
|
|
2025 Q2
|
3.68%
|
1,863,179
|
$272.69
|
$508,070,282
|
+7.59% (+131,499)
|
+0.26%
|
|
2025 Q1
|
4.07%
|
1,731,680
|
$268.36
|
$464,713,645
|
+10.64% (+166,487)
|
+0.39%
|
|
2024 Q4
|
3.89%
|
1,565,193
|
$334.33
|
$523,290,976
|
-33.05% (-772,637)
|
-1.93%
|
|
2024 Q3
|
4.77%
|
2,337,830
|
$273.71
|
$639,887,449
|
new
|
+4.77%
|
|
2024 Q2
|
0.00%
|
0
|
$301.18
|
|
-100% (-2,400,267)
|
-5.71%
|
|
2024 Q1
|
5.71%
|
2,400,267
|
$301.18
|
$722,912,415
|
-3.98% (-99,363)
|
-0.26%
|
|
2023 Q3
|
4.89%
|
2,499,630
|
$202.78
|
$506,874,971
|
+47.47% (+804,634)
|
+1.57%
|
|
2023 Q2
|
3.28%
|
1,694,996
|
$211.26
|
$358,084,855
|
-16.72% (-340,300)
|
-0.67%
|
|
2023 Q1
|
3.76%
|
2,035,296
|
$199.78
|
$406,611,435
|
+270.73% (+1,486,293)
|
+2.75%
|
|
2022 Q4
|
0.69%
|
$132.59
|
new
|
|||
|
2020 Q3
|
0.00%
|
$187.33
|
-100% (-3,045,252)
|
|||
|
2020 Q2
|
2.93%
|
$187.33
|
new
|
|||
|
2020 Q1
|
0.00%
|
$162.64
|
-100% (-4,140,694)
|
|||
|
2019 Q4
|
3.61%
|
$162.64
|
-18.89% (-964,066)
|
|||
|
2019 Q3
|
4.46%
|
$148.44
|
+73.53% (+2,163,027)
|
|||
|
2019 Q2
|
2.77%
|
$151.73
|
+50.07% (+981,520)
|
|||
|
2019 Q1
|
1.81%
|
$158.37
|
+197.90% (+1,302,213)
|
|||
|
2018 Q4
|
0.61%
|
$136.97
|
new
|
|||
|
2018 Q1
|
0.00%
|
$102.23
|
-100% (-4,864,570)
|
|||
|
2017 Q4
|
2.60%
|
$102.23
|
-22.43% (-1,406,236)
|
|||
|
2017 Q3
|
2.88%
|
$93.42
|
+136.77% (+3,622,378)
|
|||
|
2017 Q2
|
1.17%
|
$86.60
|
new
|
|||
* 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.