Steve Mandel Portfolio: Lone Pine Capital 13F Holdings
Managed by Steve Mandel
Positions as of Q2 2026 (quarter ended Jun 30, 2026), filed with the SEC on Aug 14, 2026.
Tiger Cub long/short fund. Concentrated high-quality growth portfolio.
13F holdings as of Jun 30, 2026
Source: Lone Pine Capital Form 13F-HR for Q2 2026, filed Aug 14, 2026, on SEC EDGAR. See our Methodology.
What did Lone Pine Capital buy and sell in Q2 2026?
Compared with its Q1 2026 filing, Lone Pine Capital reported 13 new positions, added to 8, reduced 13 and sold out of 15. Changes are measured in shares, so a position can rise in value without being added to.
New positions
Top 6Added to
Top 6Reduced
Top 6Top 10 holdings and concentration
Q2 2026The ten largest positions make up 53.9% of the $16.36B reported in long positions, led by NEBIUS GROUP N.V. at 7.2%.
Sector allocation
Q2 2026Share of the $16.36B reported, by the sector of each stock. 33.0% is in ETFs, funds and securities without a sector on file.
| Sector | Weight | Positions |
|---|---|---|
| Technology | 17.4% | 5 |
| Industrials | 12.2% | 5 |
| Financials | 10.7% | 6 |
| Consumer Discretionary | 10.1% | 3 |
| Consumer Staples | 7.1% | 2 |
| Healthcare | 5.3% | 2 |
| Communication Services | 3.8% | 2 |
| Energy | 0.4% | 1 |
Lone Pine Capital 13F holdings, Q2 2026
All 34 positions| # | Company | Shares | Value | Weight | vs Q1 2026 |
|---|---|---|---|---|---|
| 1 | N97284108NEBIUS GROUP N.V. | 4.26M | $1.18B | 7.19% | NEW |
| 2 | N07059210ASML HLDG NV | 569K | $1.13B | 6.92% | -13% |
| 3 | G7997R103SEAGATE TECHNOLOGY HLDNGS PL | 1.00M | $965.11M | 5.90% | NEW |
| 4 | HDHOME DEPOT INC | 2.60M | $918.09M | 5.61% | NEW |
| 5 | AMATAPPLIED MATLS INC | 1.21M | $873.19M | 5.34% | NEW |
| 6 | MDLNMEDLINE INC | 20.97M | $826.99M | 5.06% | +78% |
| 7 | G54950103LINDE PLC | 1.56M | $808.55M | 4.94% | NEW |
| 8 | TERTERADYNE INC | 1.49M | $722.41M | 4.42% | -20% |
| 9 | GLWCORNING INC | 2.73M | $696.83M | 4.26% | -27% |
| 10 | CVNACARVANA CO | 10.52M | $692.47M | 4.23% | +500% |
| 11 | HUTHUT 8 CORP | 5.77M | $666.47M | 4.07% | -5% |
| 12 | PFGCPERFORMANCE FOOD GROUP CO | 5.85M | $654.28M | 4.00% | +47% |
| 13 | G6683N103NU HLDGS LTD | 47.22M | $630.86M | 3.86% | +24% |
| 14 | WULFTERAWULF INC | 24.14M | $596.37M | 3.65% | +21% |
| 15 | CRSCARPENTER TECHNOLOGY CORP | 963K | $593.92M | 3.63% | -47% |
| 16 | MTZMASTEC INC | 1.35M | $559.67M | 3.42% | -12% |
| 17 | APPAPPLOVIN CORP | 1.04M | $537.01M | 3.28% | -29% |
| 18 | TTMITTM TECHNOLOGIES INC | 2.74M | $512.07M | 3.13% | NEW |
| 19 | STRLSTERLING INFRASTRUCTURE INC | 610K | $511.71M | 3.13% | NEW |
| 20 | USFDUS FOODS HLDG CORP | 4.91M | $502.51M | 3.07% | +29% |
| 21 | H5919C104ON HLDG AG | 13.28M | $470.38M | 2.88% | NEW |
| 22 | LPLALPL FINL HLDGS INC | 1.22M | $343.40M | 2.10% | -41% |
| 23 | AGXARGAN INC | 369K | $294.40M | 1.80% | -6% |
| 24 | G11448100BITDEER TECHNOLOGIES GROUP | 7.02M | $111.41M | 0.68% | NEW |
| 25 | SHAZSHARONAI HOLDINGS INC | 1.21M | $102.43M | 0.63% | NEW |
| 26 | GOOGLALPHABET INC | 216K | $77.04M | 0.47% | +15% |
| 27 | KGSKODIAK GAS SVCS INC | 845K | $63.49M | 0.39% | NEW |
| 28 | VVISA INC | 166K | $56.94M | 0.35% | +79% |
| 29 | IBKRINTERACTIVE BROKERS GROUP IN | 578K | $50.28M | 0.31% | NEW |
| 30 | TSMTAIWAN SEMICONDUCTOR MANUFAC | 101K | $48.35M | 0.30% | -93% |
| 31 | SESEA LTD | 495K | $47.40M | 0.29% | NEW |
| 32 | MCKMCKESSON CORP | 58K | $43.71M | 0.27% | -85% |
| 33 | TDGTRANSDIGM GROUP INC | 29K | $38.01M | 0.23% | -20% |
| 34 | BNBROOKFIELD CORP | 793K | $33.76M | 0.21% | -93% |
Lone Pine Capital portfolio by quarter
4 quarters on fileReported 13F value and position count for each quarter AlphaScala holds for Lone Pine Capital. Value changes include price moves as well as buying and selling. Position changes are shown only where the quarter was compared with the filing before it.
| Quarter | Reported value | Change | Positions | New | Sold out |
|---|---|---|---|---|---|
| Q2 2026 | $16.36B | +30.4% | 34 | 13 | 15 |
| Q1 2026 | $12.54B | -7.8% | 36 | 11 | 7 |
| Q4 2025 | $13.61B | -1.0% | 32 | 14 | 7 |
| Q3 2025 | $13.74B | – | 25 | – | – |
Funds with overlapping holdings
Overlap is the sum of the smaller portfolio weight for each stock both funds hold, across Lone Pine Capital's 25 largest positions.
Related data
Data from SEC Form 13F-HR filings, which are due 45 days after quarter end and list long positions in US-listed equities as of that date. Short positions, cash, bonds, non-US holdings and intra-quarter trading are not shown. Listed options are shown separately at notional value. Changes compare the Q2 2026 filing with Q1 2026. Research only – not investment advice.