Hedge Fund · CIK 0001061165
Stephen Mandel
Lone Pine Capital
Stephen Mandel runs Lone Pine Capital, a hedge fund overseeing $13.61B in disclosed equity holdings (SEC CIK 0001061165). The latest portfolio (2025Q4) discloses 32 positions across 9 sectors, with the largest positions in TSM, VST and CVNA. On a mark-to-market basis the tracked portfolio has returned 31.7% over the past year. OpenStocks tracks 40 consecutive quarterly snapshots for this manager — every position change, new entry, and exit is logged below.
Portfolio
$13.61B
Positions
32
Quarter
2025Q4
Filings tracked
40
Capital flow per quarter
BuysSellsNet
Latest · 2025Q4
+$88M
Lifetime buys
$39.85B
Lifetime sells
$53.29B
Quarter activity
What changed in 2025Q4 — net new, added, trimmed, exited.
New positions14 names
- ASMLASML HOLDING N V+605,017$647.3M
- DASHDOORDASH INC+2,529,879$573.0M
- MDLNMEDLINE INC+11,716,697$492.1M
- CRSCARPENTER TECHNOLOGY CORP+1,312,938$413.4M
- THCTENET HEALTHCARE CORP+1,787,326$355.2M
- CLHCLEAN HARBORS INC+1,378,125$323.1M
- AFRMAFFIRM HLDGS INC+3,817,170$284.1M
- ENTGENTEGRIS INC+3,054,230$257.3M
- MAMASTERCARD INCORPORATED+96,338$55.0M
- TDGTRANSDIGM GROUP INC+19,228$25.6M
- BSXBOSTON SCIENTIFIC CORP+201,703$19.2M
- HLTHILTON WORLDWIDE HLDGS INC+57,817$16.6M
- + 2 more…
Added to10 names
- BNBROOKFIELD CORP+5,742,012$263.5M
- KKRKKR & CO INC+920,524$117.3M
- VMCVULCAN MATLS CO+299,308$85.4M
- VSTVISTRA CORP+512,644$82.7M
- NUNU HLDGS LTD+4,223,788$70.7M
- AVGOBROADCOM INC+180,804$62.6M
- TLNTALEN ENERGY CORP+100,000$37.5M
- WINGWINGSTOP INC+104,013$24.8M
- MSFTMICROSOFT CORP+25,520$12.3M
- CVNACARVANA CO+14,037$5.9M
Trimmed7 names
Recent transactions
Last 20 moves
TRIM
CAPITAL ONE FINL CORP
−274,600
~$242.36 · 2025Q4
2026-02-17
ADD
BROOKFIELD CORP
+5,742,012
~$45.89 · 2025Q4
2026-02-17
SOLD
FLUTTER ENTMT PLC
−1,733,336
~$254.00 · 2025Q4
2026-02-17
TRIM
LPL FINL HLDGS INC
−180,766
~$357.17 · 2025Q4
2026-02-17
SOLD
META PLATFORMS INC
−1,322,260
~$734.38 · 2025Q4
2026-02-17
TRIM
PHILIP MORRIS INTL INC
−1,970,864
~$160.40 · 2025Q4
2026-02-17
SOLD
STARBUCKS CORP
−5,561,954
~$84.60 · 2025Q4
2026-02-17
ADD
TALEN ENERGY CORP
+100,000
~$374.84 · 2025Q4
2026-02-17
ADD
VULCAN MATLS CO
+299,308
~$285.22 · 2025Q4
2026-02-17
TRIM
AMPHENOL CORP NEW
−213,458
~$135.14 · 2025Q4
2026-02-17
TRIM
BOOKING HOLDINGS INC
−26,521
~$5355.33 · 2025Q4
2026-02-17
