Stephen Mandel (Lone Pine Capital) latest moves

Capital flow per quarter

BuysSellsNet

Latest · 2025Q4

+$88M

Lifetime buys

$39.85B

Lifetime sells

$53.29B

Quarter activity

What changed in 2023Q3 - net new, added, trimmed, exited.

New positions4 names

METAMETA PLATFORMS INC
+2,779,103
$834.3M
GOOGLALPHABET INC
+3,113,001
$407.4M
SGITEMPUR SEALY INTL INC
+4,771,772
$206.8M
XYZBLOCK INC
+3,886,146
$172.0M

Added to7 names

MAMASTERCARD INCORPORATED
+569,534
$225.5M
CRMSALESFORCE COM INC
+804,634
$163.2M
TSMTAIWAN SEMICONDUCTOR MFG LTD
+1,389,785
$120.8M
BILLBILL COM HLDGS INC
+723,151
$78.5M
AMZNAMAZON COM INC
+569,245
$72.4M
HDBHDFC BANK LTD
+563,566
$33.3M
EPAMEPAM SYS INC
+88,641
$22.7M

Trimmed10 names

BBWIBATH & BODY WORKS INC
−7,650,514
$258.6M
MSFTMICROSOFT CORP
−690,276
$218.0M
BKNGBOOKING HOLDINGS INC
−61,101
$188.4M
FNDFLOOR & DECOR HLDGS INC
−1,596,491
$144.5M
TDGTRANSDIGM GROUP INC
−146,246
$123.3M
ASMLASML HOLDING N V
−80,653
$47.5M
LPLALPL FINL HLDGS INC
−162,944
$38.7M
DKSDICKS SPORTING GOODS INC
−343,888
$37.3M
LYVLIVE NATION ENTERTAINMENT IN
−259,785
$21.6M
PTCPTC INC
−1,057
$150K

Exited7 names

RHRH
−1,773,069
$584.4M
VVISA INC
−1,241,941
$294.9M
NVDANVIDIA CORPORATION
−641,649
$271.4M
MRNAMODERNA INC
−1,529,618
$185.8M
SGSWEETGREEN INC
−4,556,503
$58.4M
MQMARQETA INC
−4,902,192
$23.9M
LNGCHENIERE ENERGY INC
−8,338
$1.3M

Recent transactions

Last 20 moves

TRIM

Stephen Mandel (Lone Pine Capital) trimmed COF

CAPITAL ONE FINL CORP

−274,600

~$242.36 · 2025Q4

2026-02-17

ADD

Stephen Mandel (Lone Pine Capital) added to BN

BROOKFIELD CORP

+5,742,012

~$45.89 · 2025Q4

2026-02-17

ADD

Stephen Mandel (Lone Pine Capital) added to CVNA

CARVANA CO

+14,037

~$422.02 · 2025Q4

2026-02-17

SOLD

Stephen Mandel (Lone Pine Capital) exited CIEN

CIENA CORP

−2,006,662

~$145.67 · 2025Q4

2026-02-17

SOLD

Stephen Mandel (Lone Pine Capital) exited EQT

EQT CORP

−8,361,889

~$54.43 · 2025Q4

2026-02-17

SOLD

Stephen Mandel (Lone Pine Capital) exited ETSY

ETSY INC

−3,880,316

~$66.39 · 2025Q4

2026-02-17

SOLD

Stephen Mandel (Lone Pine Capital) exited G3643J108

FLUTTER ENTMT PLC

−1,733,336

~$254.00 · 2025Q4

2026-02-17

TRIM

Stephen Mandel (Lone Pine Capital) trimmed LPLA

LPL FINL HLDGS INC

−180,766

~$357.17 · 2025Q4

2026-02-17

SOLD

Stephen Mandel (Lone Pine Capital) exited META

META PLATFORMS INC

−1,322,260

~$734.38 · 2025Q4

2026-02-17

ADD

Stephen Mandel (Lone Pine Capital) added to MSFT

MICROSOFT CORP

+25,520

~$483.62 · 2025Q4

2026-02-17

ADD

Stephen Mandel (Lone Pine Capital) added to NU

NU HLDGS LTD

+4,223,788

~$16.74 · 2025Q4

2026-02-17

TRIM

Stephen Mandel (Lone Pine Capital) trimmed PM

PHILIP MORRIS INTL INC

−1,970,864

~$160.40 · 2025Q4

2026-02-17

SOLD

Stephen Mandel (Lone Pine Capital) exited SE

SEA LTD

−1,869,501

~$178.73 · 2025Q4

2026-02-17

SOLD

Stephen Mandel (Lone Pine Capital) exited SBUX

STARBUCKS CORP

−5,561,954

~$84.60 · 2025Q4

2026-02-17

ADD

Stephen Mandel (Lone Pine Capital) added to TLN

TALEN ENERGY CORP

+100,000

~$374.84 · 2025Q4

2026-02-17

ADD

Stephen Mandel (Lone Pine Capital) added to VST

VISTRA CORP

+512,644

~$161.33 · 2025Q4

2026-02-17

ADD

Stephen Mandel (Lone Pine Capital) added to VMC

VULCAN MATLS CO

+299,308

~$285.22 · 2025Q4

2026-02-17

TRIM

Stephen Mandel (Lone Pine Capital) trimmed APH

AMPHENOL CORP NEW

−213,458

~$135.14 · 2025Q4

2026-02-17

TRIM

Stephen Mandel (Lone Pine Capital) trimmed BKNG

BOOKING HOLDINGS INC

−26,521

~$5355.33 · 2025Q4

2026-02-17

TRIM

Stephen Mandel (Lone Pine Capital) trimmed APP

APPLOVIN CORP

−328,608

~$673.82 · 2025Q4

2026-02-17