Lone Pine Capital 13F, Q2 2026
Stephen Mandel · quarter ending 30 June 2026 · filed 14 August 2026 · SEC CIK 1061165
Common stock only: shares the fund reported owning at the quarter end, valued as filed.
Largest positions, Q2 2026
The 25 largest of 34 positions. Weights are against the whole filed book. Changes are in shares held, against the Q1 2026 filing.
| Company | Ticker | Value | % of book | vs Q1 2026 |
|---|---|---|---|---|
| NEBIUS GROUP N.V. | $1.18B | 7.2% | new | |
| ASML HLDG NV | $1.13B | 6.9% | -13% shares | |
| SEAGATE TECHNOLOGY HLDNGS PL | $965.11M | 5.9% | new | |
| HOME DEPOT INC | HD | $918.09M | 5.6% | new |
| APPLIED MATLS INC | AMAT | $873.19M | 5.3% | new |
| MEDLINE INC | MDLN | $826.99M | 5.1% | +78% shares |
| LINDE PLC | $808.55M | 4.9% | new | |
| TERADYNE INC | TER | $722.41M | 4.4% | -20% shares |
| CORNING INC | GLW | $696.83M | 4.3% | -27% shares |
| CARVANA CO | CVNA | $692.47M | 4.2% | +500% shares |
| HUT 8 CORP | HUT | $666.47M | 4.1% | -5% shares |
| PERFORMANCE FOOD GROUP CO | PFGC | $654.28M | 4.0% | +47% shares |
| NU HLDGS LTD | $630.86M | 3.9% | +24% shares | |
| TERAWULF INC | WULF | $596.37M | 3.6% | +21% shares |
| CARPENTER TECHNOLOGY CORP | CRS | $593.92M | 3.6% | -47% shares |
| MASTEC INC | MTZ | $559.67M | 3.4% | -12% shares |
| APPLOVIN CORP | APP | $537.01M | 3.3% | -29% shares |
| TTM TECHNOLOGIES INC | TTMI | $512.07M | 3.1% | new |
| STERLING INFRASTRUCTURE INC | STRL | $511.71M | 3.1% | new |
| US FOODS HLDG CORP | USFD | $502.51M | 3.1% | +30% shares |
| ON HLDG AG | $470.38M | 2.9% | new | |
| LPL FINL HLDGS INC | LPLA | $343.40M | 2.1% | -41% shares |
| ARGAN INC | AGX | $294.40M | 1.8% | -6% shares |
| BITDEER TECHNOLOGIES GROUP | $111.41M | 0.7% | new | |
| SHARONAI HOLDINGS INC | SHAZ | $102.43M | 0.6% | new |
What changed since Q1 2026
Against the Q1 2026 filing, Lone Pine Capital opened 13 new positions, added to 8, trimmed 13, left 0 unchanged and exited 15. Every position is compared, matched on its CUSIP; a change of 2% or less in shares counts as unchanged.
New positions
- NEBIUS GROUP N.V.$1.18B
- SEAGATE TECHNOLOGY HLDNGS PL$965.11M
- HD$918.09M
- AMAT$873.19M
- LINDE PLC$808.55M
- TTMI$512.07M
- STRL$511.71M
- ON HLDG AG$470.38M
and 5 more
Exited
- VSTwas $930.18M
- TLNwas $580.34M
- CLHwas $503.20M
- THCwas $426.24M
- COFwas $413.58M
- ENTGwas $365.21M
- CIENwas $314.28M
- VMCwas $39.26M
and 7 more
Added to
Other quarters
Source: SEC Form 13F-HR, accession 0000919574-26-005485, 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.