Lone Pine Capital 13F, Q3 2024
Stephen Mandel · quarter ending 30 September 2024 · filed 14 November 2024 · SEC CIK 1061165
Common stock only: shares the fund reported owning at the quarter end, valued as filed.
Largest positions, Q3 2024
The 25 largest of 29 positions. Weights are against the whole filed book. Changes are in shares held, against the Q2 2024 filing.
| Company | Ticker | Value | % of book | vs Q2 2024 |
|---|---|---|---|---|
| META PLATFORMS INC | META | $1.08B | 8.1% | +36% shares |
| AMAZON COM INC | AMZN | $1.02B | 7.6% | +23% shares |
| VISTRA CORP | VST | $806.82M | 6.0% | unchanged |
| TAIWAN SEMICONDUCTOR MFG LTD | TSM | $731.65M | 5.5% | -30% shares |
| MICROSOFT CORP | MSFT | $712.48M | 5.3% | -18% shares |
| SALESFORCE INC | CRM | $639.89M | 4.8% | new |
| CONSTELLATION ENERGY CORP | CEG | $622.55M | 4.6% | +49% shares |
| KKR & CO INC | KKR | $590.58M | 4.4% | -29% shares |
| INTUIT | INTU | $572.17M | 4.3% | +2% shares |
| SPOTIFY TECHNOLOGY S A | $572.15M | 4.3% | -8% shares | |
| LENNAR CORP | LEN | $548.88M | 4.1% | new |
| PHILIP MORRIS INTL INC | PM | $543.95M | 4.1% | -33% shares |
| BLOCK INC | XYZ | $514.92M | 3.8% | unchanged |
| LPL FINL HLDGS INC | LPLA | $507.17M | 3.8% | +29% shares |
| UNITEDHEALTH GROUP INC | UNH | $480.54M | 3.6% | -13% shares |
| PTC INC | PTC | $460.36M | 3.4% | unchanged |
| ASML HOLDING N V | $459.38M | 3.4% | -6% shares | |
| STARBUCKS CORP | SBUX | $394.92M | 3.0% | new |
| WORKDAY INC | WDAY | $392.13M | 2.9% | new |
| BOOKING HOLDINGS INC | BKNG | $321.86M | 2.4% | -27% shares |
| ARES MANAGEMENT CORPORATION | ARES | $319.76M | 2.4% | +30% shares |
| APPLOVIN CORP | APP | $309.39M | 2.3% | -58% shares |
| HOWMET AEROSPACE INC | HWM | $306.94M | 2.3% | -17% shares |
| GE VERNOVA INC | GEV | $294.76M | 2.2% | -22% shares |
| TALEN ENERGY CORP | TLN | $152.61M | 1.1% | new |
What changed since Q2 2024
Against the Q2 2024 filing, Lone Pine Capital opened 9 new positions, added to 6, trimmed 11, left 3 unchanged and exited 4. 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 0000902664-24-006633, 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.