Hedge fund
Stephen Mandel
Lone Pine Capital
Holdings as of Q1 2026
Quarter
Q1-2026
Market value
$12.5B
Positions
36
Concentration
Diversified
Top holding
7%VST
Top 5
30%of book
Top 10
52%of book
Top 5
6 – 10
Tail
Top 5
6 – 10
Tail
| Holding | Weightshares held per quarter · hover for change | Q/Q change | Value | |
|---|---|---|---|---|
| 1 | VISTRA CORPVST | 7.42% | ↗Added 18.72% | 6.2M shares · $150.33 $930.2M |
| 2 | ASML HOLDING N VASML | 6.90% | ↗Added 8.29% | 655.1K shares · $1320.83 $865.3M |
| 3 | CARPENTER TECHNOLOGY CORPCRS | 5.71% | ↗Added 38.46% | 1.8M shares · $394.15 $716.5M |
| 4 | LPL FINL HLDGSLPLA | 4.92% | ↘Reduced 1.20% | 2.0M shares · $300.83 $616.7M |
| 5 | APPLOVIN CORPAPP | 4.65% | ↘Reduced 6.16% | 1.5M shares · $398.00 $583.0M |
| 6 | TALEN ENERGY CORPTLN | 4.63% | ↘Reduced 6.23% | 1.8M shares · $319.23 $580.3M |
| 7 | TERADYNETER | 4.43% | ↗Buy | 1.9M shares · $296.46 $555.2M |
| 8 | CARVANACVNA | 4.40% | ↘Reduced 1.38% | 1.8M shares · $314.38 $551.6M |
| 9 | NU HLDGSNU | 4.35% | ↗Added 28.29% | 38.0M shares · $14.37 $546.2M |
| 10 | MEDLINEMDLN | 4.18% | ↗Added 0.62% | 11.8M shares · $44.50 $524.6M |
| 11 | CORNINGGLW | 4.03% | ↗Buy | 3.7M shares · $135.97 $505.6M |
| 12 | CLEAN HARBORSCLH | 4.01% | ↗Added 27.34% | 1.8M shares · $286.73 $503.2M |
| 13 | MASTECMTZ | 3.93% | ↗Buy | 1.5M shares · $321.74 $492.6M |
| 14 | TAIWAN SEMICONDUCTOR MFGTSM | 3.74% | ↘Reduced 54.48% | 1.4M shares · $337.95 $469.6M |
| 15 | BROOKFIELD CORPBN | 3.62% | ↘Reduced 29.61% | 11.2M shares · $40.47 $453.6M |
| 16 | TENET HEALTHCARE CORPTHC | 3.40% | ↗Added 26.37% | 2.3M shares · $188.71 $426.2M |
| 17 | CAPITAL ONE FINL CORPCOF | 3.30% | ↘Reduced 1.21% | 2.3M shares · $182.43 $413.6M |
| 18 | ENTEGRISENTG | 2.91% | ↗Added 1.99% | 3.1M shares · $117.24 $365.2M |
| 19 | US FOODS HLDG CORPUSFD | 2.79% | ↗Buy | 3.8M shares · $92.21 $350.0M |
| 20 | PERFORMANCE FOODPFGC | 2.72% | ↗Buy | 4.0M shares · $85.66 $340.8M |
| 21 | MCKESSON CORPMCK | 2.71% | ↘Reduced 30.08% | 392.2K shares · $865.36 $339.4M |
| 22 | CIENA CORPCIEN | 2.51% | ↗Added 21.15% | 809.5K shares · $388.23 $314.3M |
| 23 | TERAWULFWULF | 2.29% | ↗Added 1245.20% | 19.9M shares · $14.43 $287.5M |
| 24 | HUT 8 CORPHUT | 2.27% | ↗Added 777.40% | 6.1M shares · $46.91 $285.2M |
| 25 | ARGANAGX | 1.71% | ↗Buy | 393.1K shares · $544.65 $214.1M |
| 26 | ALPHABETGOOGL | 0.43% | ↘Reduced 93.97% | 187.6K shares · $287.56 $53.9M |
| 27 | TRANSDIGMTDG | 0.33% | ↗Added 85.55% | 35.7K shares · $1158.96 $41.3M |
| 28 | VULCAN MATLSVMC | 0.31% | ↘Reduced 91.44% | 144.2K shares · $272.30 $39.3M |
| 29 | SPOTIFY TECHNOLOGY S ASPOT | 0.27% | ↗Added 287.59% | 68.8K shares · $484.91 $33.4M |
| 30 | MASTERCARD INCORPORATEDMA | 0.23% | ↘Reduced 40.62% | 57.2K shares · $499.66 $28.6M |
| 31 | AMPHENOL CORP NEWAPH | 0.22% | ↘Reduced 92.06% | 223.1K shares · $126.35 $28.2M |
| 32 | VISAV | 0.22% | ↗Added 509.68% | 92.8K shares · $302.24 $28.0M |
| 33 | HILTON WORLDWIDE HLDGSHLT | 0.22% | ↗Added 54.36% | 89.2K shares · $304.08 $27.1M |
| 34 | KKRKKR | 0.13% | ↘Reduced 96.41% | 179.3K shares · $92.50 $16.6M |
| 35 | BOOKINGBKNG | 0.08% | ↘Reduced 48.06% | 2.4K shares · $4210.32 $10.1M |
| 36 | BOSTON SCIENTIFIC CORPBSX | 0.05% | ↘Reduced 48.11% | 104.7K shares · $62.75 $6.6M |
| 36 positions | 100.00% | $12.5B |