Stephen Mandel's Portfolio — LONE PINE CAPITAL LLC
CIK: 0001061165SEC EDGAR →
Portfolio Value
$13.6B
Holdings
32
As of
Q4 2025
New Positions
14
Closed Positions
7
Portfolio Value History
Top 10 Holdings
| Rank | Stock | Shares | Value | % of Portfolio |
|---|---|---|---|---|
| 1 | TAIWAN SEMICONDUCTOR MFG LTD | 3,052,400 | $927.0M | 6.81% |
| 2 | VISTRA CORP | 5,211,885 | $840.0M | 6.17% |
| 3 | CARVANA CO | 1,779,328 | $750.0M | 5.51% |
| 4 | LPL FINL HLDGS INC | 2,074,948 | $741.0M | 5.44% |
| 5 | BROOKFIELD CORP | 15,923,360 | $730.0M | 5.36% |
| 6 | ASML HOLDING N V | 605,017 | $647.0M | 4.75% |
| 7 | KKR & CO INC | 5,001,085 | $637.0M | 4.68% |
| 8 | BROADCOM INC | 1,730,216 | $598.0M | 4.39% |
| 9 | MICROSOFT CORP | 1,234,125 | $596.0M | 4.38% |
| 10 | DOORDASH INC | 2,529,879 | $572.0M | 4.20% |
Quarterly Changes
New Positions (14)
$647.0M · 605K shares
$572.0M · 2.5M shares
$492.0M · 11.7M shares
$413.0M · 1.3M shares
$355.0M · 1.8M shares
$323.0M · 1.4M shares
$284.0M · 3.8M shares
$257.0M · 3.1M shares
$54.0M · 96K shares
$25.0M · 19K shares
$19.0M · 202K shares
$16.0M · 58K shares
$10.0M · 18K shares
$5.0M · 15K shares
Sector Breakdown
| Sector | # Holdings | Value | % |
|---|---|---|---|
| Technology | 7 | $4.0B | 29.1% |
| Financial Services | 7 | $3.2B | 23.7% |
| Consumer Cyclical | 5 | $1.7B | 12.7% |
| Utilities | 2 | $1.3B | 9.7% |
| Healthcare | 3 | $866.0M | 6.4% |
| Industrials | 2 | $736.0M | 5.4% |
| Unknown | 3 | $706.0M | 5.2% |
| Communication Services | 2 | $582.0M | 4.3% |
| Basic Materials | 1 | $480.0M | 3.5% |