Stephen Mandel
Lone Pine Capital
Lone Pine Capital Portfolio 13F
Stephen Mandel Holdings Activity
- Portfolio value:
- $13.81B≈ (+$2B≈)
- Previous value:
- $11.41B≈
- # of changes:
- 26
- New positions:
- 5
- Reported for:
- 30 Jun 2025 (Q2)
- Latest filing date:
- 14 Aug 2025
Lone Pine Capital has disclosed a total of 26 changes to the portfolio in the (2025 Q2) SEC report(s): increased the number of shares of 5, bought 5 totally new, decreased the number of shares of 11 and completely sold out 5 position(s).
What stocks did Stephen Mandel buy in 2025 Q2?
During 2025 Q2 Stephen Mandel has bought 10 securities out of which top 5 purchases (by % change to portfolio) were (VST) Vistra Corp (added shares +40.50%), (AMZN) Amazon.com Inc (added shares +15.64%), (LPLA) LPL Financial Holdings Inc (added shares +6.14%), (KKR) KKR & Co Inc (added shares +9.61%) and (UNH) UnitedHealth Group Incorporated (new buy).
In the 2025 Q2 report(s) the following changes have been made to the top investments: (VST) Vistra Corp (added shares +40.50%), (META) Meta Platforms Inc (reduced shares -5.29%), (AMZN) Amazon.com Inc (added shares +15.64%), (MSFT) Microsoft Corp (reduced shares -5.38%) and (TSM) Taiwan Semiconductor Manufacturing (reduced shares -11.11%).
26 results
| History | Ticker | Name |
% or activity |
Shares change |
Shares held after* |
% change to portfolio |
Reported price* |
% difference current price* |
% of portfolio |
Held since* | Held for* |
|---|---|---|---|---|---|---|---|---|---|---|---|
|
|
Booking Holdings Inc
|
new
|
+1,499,300
|
1,499,300
|
+2.51%
|
$231.57
|
-16.18%($194.10)
|
2.51%
|
2025 Q2
|
≈ 0.25 years
|
|
|
|
Brookfield Corp
|
new
|
+5,621,385
|
5,621,385
|
+2.52%
|
$61.85
|
-30.93%($42.72)
|
2.52%
|
2025 Q2
|
≈ 0.25 years
|
|
|
|
EQT Corp
|
new
|
+7,518,227
|
7,518,227
|
+3.17%
|
$58.32
|
-9.20%($52.96)
|
3.17%
|
2025 Q2
|
≈ 0.25 years
|
|
|
|
UnitedHealth Group Incorporated
|
new
|
+1,693,347
|
1,693,347
|
+3.82%
|
$311.97
|
+34.42%($419.36)
|
3.82%
|
2025 Q2
|
≈ 0.25 years
|
|
|
|
WIX.COM LTD
|
new
|
+2,161,331
|
2,161,331
|
+2.48%
|
$158.46
|
-65.78%($54.23)
|
2.48%
|
2025 Q2
|
≈ 0.25 years
|
|
|
|
Vistra Corp
|
+40.50%
|
+1,864,931
|
6,469,719
|
+2.62%
|
$193.81
|
-23.42%($148.42)
|
9.08%
|
2024 Q1
|
≈ 1.50 years
|
|
|
|
Amazon.com Inc
|
+15.64%
|
+680,816
|
5,033,556
|
+1.08%
|
$219.39
|
+23.55%($271.05)
|
8.00%
|
2017 Q4
|
≈ 7.75 years
|
|
|
|
KKR & Co Inc
|
+9.61%
|
+457,998
|
5,221,769
|
+0.44%
|
$133.03
|
-24.41%($100.56)
|
5.03%
|
2023 Q1
|
≈ 2.50 years
|
|
|
|
Salesforce.com Inc
|
+7.59%
|
+131,499
|
1,863,179
|
+0.26%
|
$272.69
|
-32.90%($182.97)
|
3.68%
|
2024 Q3
|
≈ 1.00 year
|
|
|
|
LPL Financial Holdings Inc
|
+6.14%
|
+108,233
|
1,872,248
|
+0.29%
|
$374.97
|
-6.34%($351.18)
|
5.08%
|
2022 Q2
|
≈ 3.25 years
|
|
* 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.
* Current price: this can be a delayed price and may not reflect the real-time market value, however it is too close.
* Value or Price: If the security is completely sold out, we show the reported value (or price) prior to the actual period.
* Held since / Held for: calculated since the latest "new buy" position. If the security was previously exited and re-entered, only the most recent holding period is counted.