Lone Pine Capital 13F, Q3 2023
Stephen Mandel · quarter ending 30 September 2023 · filed 14 November 2023 · SEC CIK 1061165
Common stock only: shares the fund reported owning at the quarter end, valued as filed.
Largest positions, Q3 2023
The 25 largest of 26 positions. Weights are against the whole filed book. Changes are in shares held, against the Q2 2023 filing.
| Company | Ticker | Value | % of book | vs Q2 2023 |
|---|---|---|---|---|
| META PLATFORMS INC | META | $834.31M | 8.0% | new |
| AMAZON COM INC | AMZN | $694.68M | 6.7% | +12% shares |
| MASTERCARD INCORPORATED | MA | $691.39M | 6.7% | +48% shares |
| TAIWAN SEMICONDUCTOR MFG LTD | TSM | $677.83M | 6.5% | +22% shares |
| MICROSOFT CORP | MSFT | $572.08M | 5.5% | -28% shares |
| WORKDAY INC | WDAY | $554.23M | 5.3% | unchanged |
| SALESFORCE INC | CRM | $506.87M | 4.9% | +48% shares |
| BOOKING HOLDINGS INC | BKNG | $460.89M | 4.4% | -29% shares |
| UNITEDHEALTH GROUP INC | UNH | $449.32M | 4.3% | unchanged |
| PTC INC | PTC | $448.62M | 4.3% | unchanged |
| LPL FINL HLDGS INC | LPLA | $437.30M | 4.2% | -8% shares |
| ALPHABET INC | GOOGL | $407.37M | 3.9% | new |
| KKR & CO INC | KKR | $404.37M | 3.9% | unchanged |
| TRANSDIGM GROUP INC | TDG | $368.23M | 3.5% | -25% shares |
| DICKS SPORTING GOODS INC | DKS | $317.32M | 3.1% | -11% shares |
| LIVE NATION ENTERTAINMENT IN | LYV | $308.37M | 3.0% | -7% shares |
| BATH & BODY WORKS INC | BBWI | $294.28M | 2.8% | -47% shares |
| ICICI BANK LIMITED | IBN | $278.42M | 2.7% | unchanged |
| BILL HOLDINGS INC | BILL | $276.49M | 2.7% | +40% shares |
| HDFC BANK LTD | HDB | $274.02M | 2.6% | +14% shares |
| EPAM SYS INC | EPAM | $269.56M | 2.6% | +9% shares |
| ASML HOLDING N V | $223.97M | 2.2% | -18% shares | |
| TEMPUR SEALY INTL INC | SGI | $206.81M | 2.0% | new |
| FLOOR & DECOR HLDGS INC | FND | $195.55M | 1.9% | -43% shares |
| BLOCK INC | XYZ | $172.00M | 1.7% | new |
What changed since Q2 2023
Against the Q2 2023 filing, Lone Pine Capital opened 4 new positions, added to 7, trimmed 9, left 6 unchanged and exited 7. Every position is compared, matched on its CUSIP; a change of 2% or less in shares counts as unchanged.
Exited
Added to
Other quarters
Source: SEC Form 13F-HR, accession 0000902664-23-005548, filed by LONE PINE CAPITAL LLC. Values are as filed and cover US-listed positions only; a 13F does not show short positions or holdings outside the US. A 13F may be filed up to 45 days after the quarter ends, so the fund may have traded since. Educational information, not financial advice.