Equal-WT
WhaleScore 2.0
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LONE PINE CAPITAL LLC
GREENWICH CT
Hedge Fund
Investment Advisor
Billionaires Group
Lone Pine Capital is based out of Greenwich and is managed by Stephen Mandel.Whalewisdom has at least 87 13F filings, and 362 13G filings Their last reported 13F filing for Q2 2024 included $12,329,311,691 in managed 13F securities
and a top 10 holdings concentration of 58.14%. Lone Pine Capital's largest holding is Taiwan Semiconductor Manufacturing Co Ltd ADR with shares held of 6,002,198.
Business Description
LPC, founded in June 1997, is an investment advisory firm with offices in Greenwich, Connecticut, New York, New York, and Palo Alto, California. The firm is managed by Lone Pine Managing Member LLC (LPMM) with Stephen F. Mandel, Jr. as the managing member of LPMM. LPC provides discretionary investment advisory services to clients, including private investment funds offered to sophisticated and institutional investors on a private placement basis. These funds are structured as Delaware limited partnerships and Cayman Islands exempted limited companies.
LPC's advisory services include research and analysis of companies and industries, macroeconomic trends, and political, legal, and regulatory developments. They utilize a variety of resources for this research, including industry consultants, reports, subscriptions, data services, market and economic services, and consultants on political, legal, or regulatory developments. These research services are provided through various means, including computer-generated data, written reports, in-person meetings, and teleconferences. The soft dollar benefits received by LPC are used to support their investment decision-making responsibilities.
Investment Strategy
LPC's investment strategies are driven by fundamental, bottom-up research. This includes meeting with company management, speaking with customers, competitors, and suppliers, attending conferences and meetings with securities analysts, consultants, economists, and industry experts. LPC also conducts thorough research by reading publicly available information and financial filings, and consuming financial, economic, market, and other data and statistical information.
LPC allocates investments among its funds based on various factors, including investment strategy, sector concentrations, portfolio diversification, available capital, investment objectives, guidelines or restrictions of a client account, and other relevant factors. LPC seeks to allocate investments fairly and equitably among its funds, but conflicts inherent in making these decisions may not always be resolved to the advantage of a particular fund.
Known Email Addresses
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Other Contact Information
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2024-06-30
Top Buys (13F)
| Name | % Change |
|---|---|
| UNH UnitedHealth Group I | 3.9% |
| HWM Howmet Aerospace Inc | 2.31% |
| GEV GE Vernova Inc. | 2.05% |
| ARES Ares Management LP | 1.7% |
| CEG Constellation Energy | 1.33% |
2024-06-30
Top Sells (13F)
| Name | % Change |
|---|---|
| CRM Salesforce.com Inc. | 5.71% |
| WDAY Workday Inc | 3.05% |
| LYV Live Nation Entertai | 2.69% |
| META Meta Platforms Inc | 2.49% |
| DKS Dicks Sporting Goods | 2.13% |
2024-06-30
13F Holdings Summary
| Name | $ Change |
|---|---|
| TSM Taiwan Semiconductor | 8.46% |
| MSFT Microsoft Corp. | 7.32% |
| AMZN Amazon.com Inc. | 6.97% |
| META Meta Platforms Inc | 5.7% |
| PM Philip Morris Intern | 5.48% |
2024-06-30
13F Activity
| Market Value | $12.3b, Prior: $12.7b |
| Inflows (Outflows) as % of Total MV | (-6.971)% |
| New Purchases | 4 stocks |
| Added To | 9 stocks |
| Sold out of | 6 stocks |
| Reduced holdings in | 6 stocks |
| Top 10 Holdings % | 58.14% |
| Turnover %[1] | 33.33% |
| Turnover Alt %[2] | 15.12% |
| Time Held Top 20 | 6.45 quarters |
| Time Held Top 10 | 5.3 quarters |
| Time Held All | 8.46 quarters |
[1]: Turnover is calculated by taking the # of new holdings (initial purchases) + the # of positions sold out of (not just reduced) divided by the total # of holdings for the quarter.
[2]: Alt Turnover is calculated by taking either the total MV of new purchases or the MV of securities sold, whichever is less, divided by the total MV of the fund.
2024-06-30
13F Sector Allocation Over Time
limited to past 4 quarters. Subscribe to see all available data
2024-06-30
Analysis
Top 20 equal-weighted holdings. Performance numbers calculated through 2024-06-30