Lone Pine Capital 13F, Q4 2024
Stephen Mandel · quarter ending 31 December 2024 · filed 14 February 2025 · SEC CIK 1061165
Common stock only: shares the fund reported owning at the quarter end, valued as filed.
Largest positions, Q4 2024
The 25 largest of 30 positions. Weights are against the whole filed book. Changes are in shares held, against the Q3 2024 filing.
| Company | Ticker | Value | % of book | vs Q3 2024 |
|---|---|---|---|---|
| META PLATFORMS INC | META | $1.19B | 8.9% | +8% shares |
| AMAZON COM INC | AMZN | $831.28M | 6.2% | -31% shares |
| PHILIP MORRIS INTL INC | PM | $778.47M | 5.8% | +44% shares |
| TAIWAN SEMICONDUCTOR MFG LTD | TSM | $742.65M | 5.5% | -11% shares |
| VISTRA CORP | VST | $738.01M | 5.5% | -21% shares |
| INTUIT | INTU | $727.02M | 5.4% | +26% shares |
| MICROSOFT CORP | MSFT | $691.13M | 5.1% | unchanged |
| LPL FINL HLDGS INC | LPLA | $627.80M | 4.7% | -12% shares |
| ELI LILLY & CO | LLY | $604.37M | 4.5% | new |
| KKR & CO INC | KKR | $598.76M | 4.5% | -11% shares |
| STARBUCKS CORP | SBUX | $590.85M | 4.4% | +60% shares |
| CAPITAL ONE FINL CORP | COF | $577.01M | 4.3% | new |
| SALESFORCE INC | CRM | $523.29M | 3.9% | -33% shares |
| FLUTTER ENTMT PLC | $494.29M | 3.7% | new | |
| PTC INC | PTC | $427.72M | 3.2% | -9% shares |
| SPOTIFY TECHNOLOGY S A | $408.71M | 3.0% | -41% shares | |
| WORKDAY INC | WDAY | $398.26M | 3.0% | -4% shares |
| CONSTELLATION ENERGY CORP | CEG | $388.70M | 2.9% | -27% shares |
| APPLOVIN CORP | APP | $351.39M | 2.6% | -54% shares |
| HOWMET AEROSPACE INC | HWM | $334.86M | 2.5% | unchanged |
| BLOCK INC | XYZ | $320.05M | 2.4% | -51% shares |
| ASML HOLDING N V | $306.18M | 2.3% | -20% shares | |
| ARES MANAGEMENT CORPORATION | ARES | $296.89M | 2.2% | -18% shares |
| LENNAR CORP | LEN | $234.27M | 1.7% | -41% shares |
| TALEN ENERGY CORP | TLN | $219.48M | 1.6% | +27% shares |
What changed since Q3 2024
Against the Q3 2024 filing, Lone Pine Capital opened 4 new positions, added to 5, trimmed 18, left 3 unchanged and exited 3. 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 0000902664-25-001072, 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.