Stephen Mandel
Lone Pine Capital
Stephen Mandel LPL Financial Holdings Inc stake
total: 294
Lone Pine Capital LPLA trades
- Total transactions:
- 16
- New positions:
- 2
- Sold out:
- 1
- Added:
- 5
- Reduced:
- 8
- Held since:
- 2022 Q2
- Held for:
- 16 quarters
- Latest activity:
- 2026 Q1
According to 2026 Q1 report, Stephen Mandel holds 2,049,967 LPL Financial Holdings Inc (LPLA) shares with a market value of roughly $616.69M accounting for 4.92% of the overall portfolio. To date, the estimated cost basis is nearly $215.49 for "buy" trades and estimated average "sell" price is $275.79. Lone Pine Capital first purchased LPLA in 2014 Q1, initially acquiring about 8.52M shares. Stephen Mandel later completely sold out the position and invested in LPL Financial Holdings Inc again in 2022 Q2. Since the initial investment in LPL Financial Holdings Inc (LPLA), Lone Pine Capital has made 15 more transactions.
When did Stephen Mandel buy LPL Financial Holdings Inc (LPLA)?
Stephen Mandel first invested in LPL Financial Holdings Inc (LPLA) in 2014 Q1 at the reported quarter-end price of $52.54 per share.
What's the cost basis of Lone Pine Capital's LPLA stake?
The estimated cost basis for LPL Financial Holdings Inc (LPLA) stake is around $215.49 per share. This represents their average reported price* across all buy transactions
Estimated cost basis*
- Weighted AVG buy price:
- $215.49
- Weighted AVG sell price:
- $275.79
Stephen Mandel's historical trades in LPL Financial Holdings Inc
16 results
| Period |
% of portfolio |
Shares held after* |
Reported price* |
Value* |
% (shares) of activity |
% change to portfolio |
|---|---|---|---|---|---|---|
|
2026 Q1
|
4.92%
|
2,049,967
|
$300.83
|
$616,691,573
|
-1.20% (-24,981)
|
-0.06%
|
|
2025 Q4
|
5.44%
|
2,074,948
|
$357.17
|
$741,109,177
|
-8.01% (-180,766)
|
-0.47%
|
|
2025 Q3
|
5.46%
|
2,255,714
|
$332.69
|
$750,453,491
|
+20.48% (+383,466)
|
+0.93%
|
|
2025 Q2
|
5.08%
|
1,872,248
|
$374.97
|
$702,036,833
|
+6.14% (+108,233)
|
+0.29%
|
|
2025 Q1
|
5.06%
|
1,764,015
|
$327.14
|
$577,079,867
|
-8.26% (-158,733)
|
-0.39%
|
|
2024 Q4
|
4.66%
|
1,922,748
|
$326.51
|
$627,796,449
|
-11.81% (-257,389)
|
-0.63%
|
|
2024 Q3
|
3.78%
|
2,180,137
|
$232.63
|
$507,165,270
|
+29.38% (+495,067)
|
+0.86%
|
|
2024 Q1
|
3.51%
|
1,685,070
|
$264.20
|
$445,195,494
|
-8.43% (-155,044)
|
-0.35%
|
|
2023 Q3
|
4.22%
|
1,840,114
|
$237.65
|
$437,303,092
|
-8.13% (-162,944)
|
-0.35%
|
|
2023 Q2
|
3.99%
|
2,003,058
|
$217.43
|
$435,524,901
|
+7.71% (+143,417)
|
+0.29%
|
|
2023 Q1
|
3.48%
|
$202.40
|
-7.36% (-147,681)
|
|||
|
2022 Q4
|
4.14%
|
$216.17
|
+1.36% (+26,960)
|
|||
|
2022 Q3
|
4.08%
|
$218.48
|
-13.49% (-308,789)
|
|||
|
2022 Q2
|
3.98%
|
$184.48
|
new
|
|||
|
2014 Q4
|
0.00%
|
$46.05
|
-100% (-8,518,366)
|
|||
|
2014 Q1
|
2.01%
|
$52.54
|
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.