Due to these purchases as well as other tech stock stake increases over the quarter, the fund’s Information Technology exposure has skyrocketed to nearly 40%. For comparison, the S&P 500 ETF (SPY) generated annualized total returns of 12.2% over the same time period. The stake was initiated in 2017 at prices between $65 and $72 and the stock has essentially tripled since then. Lone Pine Capital is based out of Greenwich and is managed by Stephen Mandel. charging the company with an illegal monopoly. Past performance is a poor indicator of future performance. Activity. While this may be a seemingly expensive multiple, Netflix’s profitably has been rapidly scaling amid margins’ expansion due to gradually achieving higher economies of scale. Lone Pine Capital has had 4 … Latest statistics and disclosures from Lone Pine Capital's latest quarterly 13F-HR filing: Positions held by Lone Pine Capital LLC consolidated in one spreadsheet with up to 7 years of data, Companies in the Lone Pine Capital portfolio as of the September 2020 quarterly 13F filing. Luckin Coffee. SEC 13F filings are viewable for Lone Pine Capital going back to 2004. Lone Pine has been accumulating stock around $160/share, which means that the company has profited quite nicely at its current price of $193, considering it initiated its first position as recently as last year. In terms of its valuation the stock is currently trading at around 80 times its underlying net income. Top 50 Lone Pine Capital Holdings . Lone Pine Capital continued to build out its portfolio concentrated in e-commerce and technology bets in the third quarter. See how we calculate 13F filing performance here. Despite its solid performance and expanding margins, recent slowdown concerns have halted the stock’s prolonged rally. As Adobe offers a vast range of products, it enjoys a dominant position in its business, with a wide moat versus its competitors. Lone Pine Capital has met the qualifications for inclusion in our WhaleScore system . Shares are also trading at an attractive P/E ratio of around 33, which is quite reasonably for a snowballing tech behemoth. Portfolio Holdings for Lone Pine Capital. You can download an Excel spreadsheet with metrics that matter of Lone Pine Capital’s current 13F equity holdings below: Click Here to instantly download your Lone Pine Capital 13F stock holdings and performance spreadsheet now. Only 10 out of the 28 stocks included in the portfolio pay a dividend while the average forward price-to-earnings ratio is extremely high, standing around 90.0 (excluding the non-meaningful earnings multiple of some stocks). The company obviously benefits from a secular trend, which has decades ahead to run, namely the shift of consumers from brick-and-mortar purchases to online purchases. They also increased Coupa Software. * Investors with a full data subscription can access data for any fund. Companies in the Lone Pine Capital portfolio … Merchant commerce platform Pine Labs on Monday said it has raised a fresh round of funding from Lone Pine Capital, valuing it at over USD 2 billion (about Rs … Merchant commerce platform Pine Labs today announced it has raised a fresh round of funding from Lone Pine Capital. Note: 13F filing performance is different than fund performance. Lone Pine Capital initiated a stake in Adobe in 2014, at prices between $60 and $73. Netflix is Lone Pine’s 7th largest holding, as the fund increased its stake in the company by 40% quarter-over-quarter. Investment company Lone Pine Capital (Current Portfolio) buys DocuSign Inc, Square Inc, Match Group Inc, Coupa Software Inc, Atlassian Corporation PLC, sells Booking Holdings Inc, Salesforce.com Inc, Visa Inc, Ceridian HCM Holding Inc, TransDigm Group Inc during the 3-months ended 2020Q3, according to the most recent filings of the investment company, Lone Pine Capital. In other words, the market has already priced the growth of many years in the stock and thus the latter will have material downside risk whenever it faces an unforeseen headwind. That was the steepest revenue growth recorded in more than five years. The information on this site is not intended to be, nor does it constitute, investment advice or recommendations. The stake was initiated last year, at prices between $195 and $328. Warning! Lone Pine Capital was a net buyer of stock by $1.4B. Lone Pine Capital has achieved impressive annualized returns over the past few years, outperforming the S&P 500 by a wide margin. Please. The pandemic has caused this long-term trend to accelerate at an enormous pace. The stake was initiated in 2017 at prices between $65 and $72 and the stock has essentially tripled since then. Lone Pine Capital has $23B in assets under management (AUM), dropping by 17.24%. Shopify is the second-largest holding of Lone Pine Capital, comprising 6.9% of the value of its portfolio. As a result, while the company was considered mature until a few years ago, it has managed to accelerate its growth and post all-time high earnings in the last two years. Lone Pine Capital's flagship hedge fund outperformed the S&P 500 Index by nearly 8 percentage points per year since its inception in 1998. Stephen Mandel - Lone Pine Capital. The diversified portfolio of tech products and services of Microsoft has been ruling the sector’s digital infrastructure. PayPal is the seventh-largest holding of Lone Pine Capital, comprising 5.0% of the value of its portfolio. Period: Q3 2020. Updated on December 11th, 2020 by Nikos Sismanis. On the other hand, Lone Pine Capital has reduced its stake in Adobe by about two-thirds in the last two years. Lone Pine Capital is well-known for its exceptional returns thanks to the expertise of Stephen Mandel. FormWhispers - Trading Ideas from Insiders LONE PINE CAPITAL LLC 2020Q3 Portfolio Holdings. The stake was initiated less than a year ago, in late 2019, at prices between $97 and $110, but the stock has nearly doubled within this short period. LPC invests globally across a variety of industries. We are a private Foundation supporting organizations that fight poverty through education while cultivating a spirit of philanthropy at Lone Pine Capital LLC. There are currently 28 companies in Mrs. Tyler’s portfolio. Lone Pine Capital is an American-based hedge fund headquartered in Greenwich, Connecticut, established in 1997 by its president and portfolio manager, Stephen Mandel. In its latest quarter, the company achieved record revenues and profits of $5.46 and $1.02 billion, respectively. Tweet. Lone Pine Capital In 2012, we entered into a long-term strategic partnership with Lone Pine Capital, a global alternative investment manager specializing in long/short equity products, and acquired a meaningful long-term minority interest in the business. Lone Pine Capital initiated a stake in United Health three years ago, at prices between $164 and $200. The company processed a record of $246 billion of digital payments as of Q3-2020. Portfolio. Amazon has grown its revenues and its earnings per share nearly 10-fold over the last decade. The company’s CEO Satya Nadella has been marvelously transforming the company into a cloud powerhouse. While the pandemic is likely to subside from next year, the consumers who have recently shifted from conventional to online purchases are likely to adopt online shopping for the long run thanks to its advantages. On the other hand, the market has already priced a great portion of future growth in the stock price. Lone Pine Capital will file the next quarterly 13-HR in about 2 months. New Delhi, Dec 21 (PTI) Merchant commerce platform Pine Labs on Monday said it has raised a fresh round of funding from Lone Pine Capital, valuing it … Lone Pine Capital Holdings Heatmap . Even better, the secular shift from brick-and-mortar retail to online sales has accelerated this year thanks to the pandemic. It was established in 1997 by its president and managing director Stephen Mandel. Stephen Frank Mandel is Mng Dir/Portfolio Mgr/Founder at Lone Pine Capital LLC. This data is downloadable for data subscribers. Portfolio date: 30 Sep 2020. On the other hand, as its stock has rallied 6-fold over the last five years, it is now trading at an excessive forward price-to-earnings ratio of 59.0. David Francis Craver is Mng Dir/Co-Portfolio Manager at Lone Pine Capital LLC. 4 weeks Tracking Stephen Mandel’s Lone Pine Capital Portfolio – Q3 2020 Update Seeking Alpha . Lone Pine Capital has made 4 diversity investments. Steve Mandel’s Lone Pine Capital has not only been busy in only long positions today, but is also raising its short book in a very unusual place, Japan.Lone Pine has a 0.3% short in YAMADA DENKI CO., LTD. (TYO:9831) which is an electronics manufacturer that mainly includes home appliances. PayPal has been negatively affected by the pandemic, which has caused a collapse in the number of travelers around the world and thus in the payments of this segment. Since then, the stock has rallied approximately 7-fold so it has outperformed the market by a wide margin. As this amount is only 6.0% of the market cap of the stock, it is essentially negligible and confirms the strength of the business model of Amazon. It has grown its earnings every single year in the last decade and thus it has more than quadrupled its earnings per share over this period. The number of positions increased from 29 to 32. All full time employees serve as equal voting members on our Advisory Board. Lone Pine announced that Mandel officially stepped down as portfolio manager on Jan. 1, 2019. Some investors might be disappointed that Mandel, who is an expert in tech stocks, purchased Amazon so late. Amazon benefits from a strong secular trend, namely the increasing preference of consumers to shop online instead of visiting a store. New Delhi, Dec 21 : Merchant commerce platform Pine Labs on Monday announced it has raised a fresh round of funding from Lone Pine Capital, taking its valuation at over $2 billion. Adobe offers tools and solutions that enable companies to go through digital transformation and thus enhance their sales in the highly competitive business landscape that prevails nowadays. Holdings. Even better, thanks to the immense growth potential of its business, it is likely to keep growing its revenues and its earnings at a breathtaking pace for several more years. New Delhi, Dec 21: Merchant commerce platform Pine Labs on Monday said it has raised a fresh round of funding from Lone Pine Capital, valuing it at over USD 2 billion (about Rs 14,700 crore). Recently FTC and a coalition of states announced filing lawsuits against Facebook (NASDAQ:FB) charging the company with an illegal monopoly. The information on this site is in no way guaranteed for completeness, accuracy or in any other way. Microsoft is the fourth-largest holding of Lone Pine Capital, comprising 6.1% of the value of its portfolio. United Health benefits from the same trend as Humana, namely the growing market of Medicare Advantage. 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