Lone Pine Capital portfolio · 2025-12-31
Disclosed long book
$13.61 billion
Long positions
32
Calls / puts
0 / 0
Top 5 concentration
29.3%
Longs with AI data
4 / 32
Average AI 1Y
+23.8%
13F filing comparison
Quarter-over-quarter changes
2025-09-30 to 2025-12-31
Newly reported
14
No longer reported
7
Increased
10
Reduced
7
Newly reported this quarter
Present now and absent from the immediately preceding comparable filing.
| Position | Kind | Shares | Value |
|---|---|---|---|
ASML HOLDING N V ASML HOLDING N V | LONG | 605,017 | $647.3 million |
DASH DOORDASH INC | LONG | 2,529,879 | $573.0 million |
MEDLINE INC MEDLINE INC | LONG | 11,716,697 | $492.1 million |
CARPENTER TECHNOLOGY CORP CARPENTER TECHNOLOGY CORP | LONG | 1,312,938 | $413.4 million |
TENET HEALTHCARE CORP TENET HEALTHCARE CORP | LONG | 1,787,326 | $355.2 million |
CLEAN HARBORS INC CLEAN HARBORS INC | LONG | 1,378,125 | $323.1 million |
AFFIRM HLDGS INC AFFIRM HLDGS INC | LONG | 3,817,170 | $284.1 million |
ENTG ENTEGRIS INC | LONG | 3,054,230 | $257.3 million |
MASTERCARD INCORPORATED MASTERCARD INCORPORATED | LONG | 96,338 | $55.0 million |
TRANSDIGM GROUP INC TRANSDIGM GROUP INC | LONG | 19,228 | $25.6 million |
BSX BOSTON SCIENTIFIC CORP | LONG | 201,703 | $19.2 million |
HILTON WORLDWIDE HLDGS INC HILTON WORLDWIDE HLDGS INC | LONG | 57,817 | $16.6 million |
SPOT SPOTIFY TECHNOLOGY S A | LONG | 17,762 | $10.3 million |
V VISA INC | LONG | 15,217 | $5.3 million |
No longer reported this quarter
Present in the prior comparable filing and absent from this one.
| Position | Kind | Prior shares | Prior value |
|---|---|---|---|
CIENA CORP CIENA CORP · COM NEW | LONG | 2,006,662 | $292.3 million |
EQT CORP EQT CORP · COM | LONG | 8,361,889 | $455.1 million |
ETSY INC ETSY INC · COM | LONG | 3,880,316 | $257.6 million |
FLUTTER ENTMT PLC FLUTTER ENTMT PLC · SHS | LONG | 1,733,336 | $440.3 million |
META PLATFORMS INC META PLATFORMS INC · CL A | LONG | 1,322,260 | $971.0 million |
SEA LTD SEA LTD · SPONSORD ADS | LONG | 1,869,501 | $334.1 million |
STARBUCKS CORP STARBUCKS CORP · COM | LONG | 5,561,954 | $470.5 million |
“No longer reported” means the position is absent from this comparable 13F filing. It does not prove the manager sold it: reporting thresholds, confidential treatment, corporate actions, or instrument changes can also explain the omission.
| Position | Kind | Shares | Value | Long weight | Quarter change | AI at filing · 1Y | AI now |
|---|---|---|---|---|---|---|---|
TSM Taiwan Semiconductor Manufacturing Co. | LONG | 3,052,400 | $927.6 million | 6.8% | UNCHANGED | 25.4% | 1Y +24.4% 5Y +142.1% · 24 models |
VST Vistra | LONG | 5,211,885 | $840.8 million | 6.2% | INCREASED | 33.6% | 1Y +29.5% 5Y +146.1% · 23 models |
CARVANA CO CARVANA CO · CL A · 146869102 | LONG | 1,779,328 | $750.9 million | 5.5% | INCREASED | — | 1Y — 5Y — |
LPL FINL HLDGS INC LPL FINL HLDGS INC · COM · 50212V100 | LONG | 2,074,948 | $741.1 million | 5.4% | REDUCED | — | 1Y — 5Y — |
BROOKFIELD CORP BROOKFIELD CORP · CL A LTD VT SH · 11271J107 | LONG | 15,923,360 | $730.7 million | 5.4% | INCREASED | — | 1Y — 5Y — |
ASML HOLDING N V ASML HOLDING N V · N Y REGISTRY SHS · N07059210 | LONG | 605,017 | $647.3 million | 4.8% | NEWLY REPORTED | — | 1Y — 5Y — |
KKR & CO INC KKR & CO INC · COM · 48251W104 | LONG | 5,001,085 | $637.5 million | 4.7% | INCREASED | — | 1Y — 5Y — |
BROADCOM INC BROADCOM INC · COM · 11135F101 | LONG | 1,730,216 | $598.8 million | 4.4% | INCREASED | — | 1Y — 5Y — |
MSFT Microsoft Corporation | LONG | 1,234,125 | $596.8 million | 4.4% | INCREASED | 18.2% | 1Y +16.8% 5Y +100.8% · 25 models |
DASH DoorDash | LONG | 2,529,879 | $573.0 million | 4.2% | NEWLY REPORTED | — | 1Y — 5Y — |
AMAZON COM INC AMAZON COM INC · COM · 023135106 | LONG | 2,414,520 | $557.3 million | 4.1% | REDUCED | — | 1Y — 5Y — |
CAPITAL ONE FINL CORP CAPITAL ONE FINL CORP · COM · 14040H105 | LONG | 2,294,891 | $556.2 million | 4.1% | REDUCED | — | 1Y — 5Y — |
APPLOVIN CORP APPLOVIN CORP · COM CL A · 03831W108 | LONG | 780,530 | $525.9 million | 3.9% | REDUCED | — | 1Y — 5Y — |
NU HLDGS LTD NU HLDGS LTD · ORD SHS CL A · G6683N103 | LONG | 29,630,237 | $496.0 million | 3.6% | INCREASED | — | 1Y — 5Y — |
MEDLINE INC MEDLINE INC · COM CL A · 58507V107 | LONG | 11,716,697 | $492.1 million | 3.6% | NEWLY REPORTED | — | 1Y — 5Y — |
TALEN ENERGY CORP TALEN ENERGY CORP · COM · 87422Q109 | LONG | 1,292,516 | $484.5 million | 3.6% | INCREASED | — | 1Y — 5Y — |
VULCAN MATLS CO VULCAN MATLS CO · COM · 929160109 | LONG | 1,683,932 | $480.3 million | 3.5% | INCREASED | — | 1Y — 5Y — |
PM Philip Morris International | LONG | 2,643,579 | $424.0 million | 3.1% | REDUCED | — | 1Y — 5Y — |
CARPENTER TECHNOLOGY CORP CARPENTER TECHNOLOGY CORP · COM · 144285103 | LONG | 1,312,938 | $413.4 million | 3.0% | NEWLY REPORTED | — | 1Y — 5Y — |
WINGSTOP INC WINGSTOP INC · COM · 974155103 | LONG | 1,595,258 | $380.5 million | 2.8% | INCREASED | — | 1Y — 5Y — |
AMPHENOL CORP NEW AMPHENOL CORP NEW · CL A · 032095101 | LONG | 2,809,773 | $379.7 million | 2.8% | REDUCED | — | 1Y — 5Y — |
TENET HEALTHCARE CORP TENET HEALTHCARE CORP · COM NEW · 88033G407 | LONG | 1,787,326 | $355.2 million | 2.6% | NEWLY REPORTED | — | 1Y — 5Y — |
CLEAN HARBORS INC CLEAN HARBORS INC · COM · 184496107 | LONG | 1,378,125 | $323.1 million | 2.4% | NEWLY REPORTED | — | 1Y — 5Y — |
AFFIRM HLDGS INC AFFIRM HLDGS INC · COM CL A · 00827B106 | LONG | 3,817,170 | $284.1 million | 2.1% | NEWLY REPORTED | — | 1Y — 5Y — |
ENTG ENTEGRIS INC | LONG | 3,054,230 | $257.3 million | 1.9% | NEWLY REPORTED | — | 1Y — 5Y — |
MASTERCARD INCORPORATED MASTERCARD INCORPORATED · CL A · 57636Q104 | LONG | 96,338 | $55.0 million | 0.4% | NEWLY REPORTED | — | 1Y — 5Y — |
TRANSDIGM GROUP INC TRANSDIGM GROUP INC · COM · 893641100 | LONG | 19,228 | $25.6 million | 0.2% | NEWLY REPORTED | — | 1Y — 5Y — |
BOOKING HOLDINGS INC BOOKING HOLDINGS INC · COM · 09857L108 | LONG | 4,630 | $24.8 million | 0.2% | REDUCED | — | 1Y — 5Y — |
BSX Boston Scientific | LONG | 201,703 | $19.2 million | 0.1% | NEWLY REPORTED | — | 1Y — 5Y — |
HILTON WORLDWIDE HLDGS INC HILTON WORLDWIDE HLDGS INC · COM · 43300A203 | LONG | 57,817 | $16.6 million | 0.1% | NEWLY REPORTED | — | 1Y — 5Y — |
SPOT Spotify Technology S.A. | LONG | 17,762 | $10.3 million | 0.1% | NEWLY REPORTED | 28.2% | 1Y +24.6% 5Y +130.0% · 24 models |
V Visa Inc. | LONG | 15,217 | $5.3 million | 0.0% | NEWLY REPORTED | — | 1Y — 5Y — |