Lone Pine Capital HUT trades
Stephen Mandel
Stephen Mandel Hut 8 Corp stake
total: 304
Trades details
- Total transactions:
- 5
- New positions:
- 2
- Sold out:
- 1
- Reduced:
- 2
- Held since:
- 2026 Q1
- Held for:
- 2 quarters
- Latest activity:
- 2026 Q2
According to 2026 Q2 report, Stephen Mandel holds 5,773,045 Hut 8 Corp (HUT) shares with a market value of roughly $666.47M accounting for 4.07% of the overall portfolio. To date, the estimated cost basis is nearly $46.91 for "buy" trades and estimated average "sell" price is $115.45. Lone Pine Capital first purchased HUT in 2024 Q3, initially acquiring about 1.23M shares. Stephen Mandel later completely sold out the position and invested in Hut 8 Corp again in 2026 Q1. Since the initial investment in Hut 8 Corp (HUT), Lone Pine Capital has made 4 more transactions.
When did Stephen Mandel buy Hut 8 Corp (HUT)?
Stephen Mandel first invested in Hut 8 Corp (HUT) in 2024 Q3 at the reported quarter-end price of $12.26 per share.
What's the cost basis of Lone Pine Capital's HUT stake?
The estimated cost basis for Hut 8 Corp (HUT) stake is around $46.91 per share. This represents their average reported price* across all buy transactions
Estimated cost basis*
- Weighted AVG buy price:
- $46.91
- Weighted AVG sell price:
- $115.44
Stephen Mandel's historical trades in Hut 8 Corp
5 results
| Period |
% of portfolio |
Shares held after* |
Reported price* |
Value* |
% (shares) of activity |
% change to portfolio |
|---|---|---|---|---|---|---|
|
2026 Q2
|
4.07%
|
5,773,045
|
$115.44
|
$666,469,180
|
-5.03% (-305,906)
|
-0.28%
|
|
2026 Q1
|
2.27%
|
6,078,951
|
$46.91
|
$285,163,591
|
new
|
+2.27%
|
|
2025 Q1
|
0.00%
|
0
|
$20.49
|
|
-100% (-692,839)
|
-0.11%
|
|
2024 Q4
|
0.11%
|
692,839
|
$20.49
|
$14,196,271
|
-43.80% (-539,913)
|
-0.08%
|
|
2024 Q3
|
0.11%
|
1,232,752
|
$12.26
|
$15,113,540
|
new
|
+0.11%
|
* 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.