Lone Pine Capital 13F, Q4 2023
Stephen Mandel · quarter ending 31 December 2023 · filed 14 February 2024 · SEC CIK 1061165
Common stock only: shares the fund reported owning at the quarter end, valued as filed.
Largest positions, Q4 2023
Weights are against the whole filed book. Changes are in shares held, against the Q3 2023 filing.
| Company | Ticker | Value | % of book | vs Q3 2023 |
|---|---|---|---|---|
| META PLATFORMS INC | META | $1.02B | 8.8% | +3% shares |
| AMAZON COM INC | AMZN | $830.32M | 7.2% | unchanged |
| TAIWAN SEMICONDUCTOR MFG LTD | TSM | $722.58M | 6.3% | -11% shares |
| MICROSOFT CORP | MSFT | $681.31M | 5.9% | unchanged |
| SALESFORCE INC | CRM | $657.75M | 5.7% | unchanged |
| PTC INC | PTC | $554.00M | 4.8% | unchanged |
| BOOKING HOLDINGS INC | BKNG | $540.95M | 4.7% | +2% shares |
| KKR & CO INC | KKR | $515.83M | 4.5% | -5% shares |
| BLOCK INC | XYZ | $510.99M | 4.4% | +70% shares |
| MASTERCARD INCORPORATED | MA | $469.50M | 4.1% | -37% shares |
| UNITEDHEALTH GROUP INC | UNH | $469.17M | 4.1% | unchanged |
| INTUIT | INTU | $467.85M | 4.0% | new |
| BATH & BODY WORKS INC | BBWI | $450.97M | 3.9% | +20% shares |
| DICKS SPORTING GOODS INC | DKS | $429.52M | 3.7% | unchanged |
| WORKDAY INC | WDAY | $427.30M | 3.7% | -40% shares |
| LPL FINL HLDGS INC | LPLA | $418.85M | 3.6% | unchanged |
| ASML HOLDING N V | $325.32M | 2.8% | +13% shares | |
| LIVE NATION ENTERTAINMENT IN | LYV | $313.12M | 2.7% | -10% shares |
| HDFC BANK LTD | HDB | $311.63M | 2.7% | unchanged |
| BLACKSTONE INC | BX | $290.51M | 2.5% | new |
| ICICI BANK LIMITED | IBN | $287.09M | 2.5% | unchanged |
| PHILIP MORRIS INTL INC | PM | $282.78M | 2.5% | new |
| GENERAL ELECTRIC CO | GE | $268.52M | 2.3% | new |
| EPAM SYS INC | EPAM | $252.82M | 2.2% | -19% shares |
| AVIDXCHANGE HOLDINGS INC | $62.95M | 0.5% | unchanged |
What changed since Q3 2023
Against the Q3 2023 filing, Lone Pine Capital opened 4 new positions, added to 5, trimmed 6, left 10 unchanged and exited 5. Every position is compared, matched on its CUSIP; a change of 2% or less in shares counts as unchanged.
Other quarters
Source: SEC Form 13F-HR, accession 0000902664-24-001732, 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.