undamentalytics Newsletter
Sign in

Hedge fund

Lone Pine Capital LLC

13F for the quarter to June 30, 2026, filed August 14, 2026 · SEC CIK 1061165

Reported value
$16.4bn
100% in companies we cover
Positions we cover
33
Largest NBIS 7.2%
Copy, a year
+11.5%
S&P 500 +14.1%
Copy Sharpe ratio
0.51
S&P 500 0.78

How copying its 13F would have done

$10.0k$20.0k$40.0k 2013201520172019202120232025 $57.0k$41.9k
CopyS&P 500 $10,000 copying Lone Pine Capital LLC's filed holdings in companies we cover from August 16, 2013, buying on the first trading day after each 13F was filed and holding until the next, against the S&P 500 (total return). Marked weekly, log scale. Before costs and taxes; misses trading within each quarter and anything 13F does not show (shorts, cash, bonds, non-US holdings).

Biggest drop −58.5% (S&P 500 −31.8%); beta 1.19; alpha −3.5% a year (t = −1.07); last 12 months −22.4% against +12.1%.

Reported value by quarter

Lone Pine Capital LLC: 13F reported value Total value of all positions in each quarter's 13F, as filed (values before 2023 were filed in thousands of dollars and are converted).
$0 $10T $20T $30T Reported value, 2013-06-30: $19.8B Reported value, 2013-09-30: $21.3B Reported value, 2013-12-31: $21.9B Reported value, 2014-03-31: $22.3B Reported value, 2014-06-30: $24B Reported value, 2014-09-30: $25B Reported value, 2014-12-31: $23.4T Reported value, 2015-03-31: $23.4B Reported value, 2015-06-30: $22.5B Reported value, 2015-09-30: $22.4B Reported value, 2015-12-31: $22.4B Reported value, 2016-03-31: $19.7B Reported value, 2016-06-30: $21.6B Reported value, 2016-09-30: $22.4B Reported value, 2016-12-31: $19.1B Reported value, 2017-03-31: $19B Reported value, 2017-06-30: $19.7B Reported value, 2017-09-30: $20.3B Reported value, 2017-12-31: $19.2B Reported value, 2018-03-31: $19.7B Reported value, 2018-06-30: $18.9B Reported value, 2018-09-30: $19.4B Reported value, 2018-12-31: $14.8B Reported value, 2019-03-31: $17.1B Reported value, 2019-06-30: $16.1B Reported value, 2019-09-30: $17B Reported value, 2019-12-31: $18.7B Reported value, 2020-03-31: $16.4B Reported value, 2020-06-30: $19.5B Reported value, 2020-09-30: $23.3B Reported value, 2020-12-31: $27.5B Reported value, 2021-03-31: $27.5B Reported value, 2021-06-30: $31B Reported value, 2021-09-30: $29.7B Reported value, 2021-12-31: $24.4B Reported value, 2022-03-31: $16.8B Reported value, 2022-06-30: $10.6B Reported value, 2022-09-30: $10.6B Reported value, 2022-12-31: $10.5T Reported value, 2023-03-31: $10.8B Reported value, 2023-06-30: $10.9B Reported value, 2023-09-30: $10.4B Reported value, 2023-12-31: $11.6B Reported value, 2024-03-31: $12.7B Reported value, 2024-06-30: $12.3B Reported value, 2024-09-30: $13.4B Reported value, 2024-12-31: $13.5B Reported value, 2025-03-31: $11.4B Reported value, 2025-06-30: $13.8B Reported value, 2025-09-30: $13.7B Reported value, 2025-12-31: $13.6B Reported value, 2026-03-31: $12.5B Reported value, 2026-06-30: $16.4B 2013-06-30 2016-03-31 2018-12-31 2021-09-30 2026-06-30 $16.4B
View chart data
Period Reported value
2013-06-30 $19.8B
2013-09-30 $21.3B
2013-12-31 $21.9B
2014-03-31 $22.3B
2014-06-30 $24B
2014-09-30 $25B
2014-12-31 $23.4T
2015-03-31 $23.4B
2015-06-30 $22.5B
2015-09-30 $22.4B
2015-12-31 $22.4B
2016-03-31 $19.7B
2016-06-30 $21.6B
2016-09-30 $22.4B
2016-12-31 $19.1B
2017-03-31 $19B
2017-06-30 $19.7B
2017-09-30 $20.3B
2017-12-31 $19.2B
2018-03-31 $19.7B
2018-06-30 $18.9B
2018-09-30 $19.4B
2018-12-31 $14.8B
2019-03-31 $17.1B
2019-06-30 $16.1B
2019-09-30 $17B
2019-12-31 $18.7B
2020-03-31 $16.4B
2020-06-30 $19.5B
2020-09-30 $23.3B
2020-12-31 $27.5B
2021-03-31 $27.5B
2021-06-30 $31B
2021-09-30 $29.7B
2021-12-31 $24.4B
2022-03-31 $16.8B
2022-06-30 $10.6B
2022-09-30 $10.6B
2022-12-31 $10.5T
2023-03-31 $10.8B
2023-06-30 $10.9B
2023-09-30 $10.4B
2023-12-31 $11.6B
2024-03-31 $12.7B
2024-06-30 $12.3B
2024-09-30 $13.4B
2024-12-31 $13.5B
2025-03-31 $11.4B
2025-06-30 $13.8B
2025-09-30 $13.7B
2025-12-31 $13.6B
2026-03-31 $12.5B
2026-06-30 $16.4B

Holdings and moves

CompanyShare of portfolioValueSharesChange in shares
NBISNebius Group N.V.7.19%$1.2bn4.26MNew
ASMLAsml Holding NV6.92%$1.1bn569.2K−13.1% Reduced
STXSeagate Technology5.90%$965.1m1.00MNew
HDThe Home Depot5.61%$918.1m2.60MNew
AMATApplied Materials5.34%$873.2m1.21MNew
MDLNMedline Inc.5.06%$827.0m20.97M+77.9% Added
LINLinde plc4.94%$808.6m1.56MNew
TERTeradyne4.42%$722.4m1.49M−20.3% Reduced
GLWCorning Inc.4.26%$696.8m2.73M−26.6% Reduced
CVNACarvana4.23%$692.5m10.52M+499.6% Added
HUTHut 8 Corp.4.07%$666.5m5.77M−5.0% Reduced
PFGCPerformance Food Group Co4.00%$654.3m5.85M+47.1% Added
NUNu Holdings Ltd.3.86%$630.9m47.22M+24.2% Added
WULFTerawulf Inc.3.65%$596.4m24.14M+21.2% Added
CRSCarpenter Technology Corp3.63%$593.9m962.8K−47.0% Reduced
MTZMastec Inc3.42%$559.7m1.35M−12.1% Reduced
APPApplovin Corp3.28%$537.0m1.04M−28.9% Reduced
TTMITTM Technologies Inc3.13%$512.1m2.74MNew
STRLSterling Infrastructure, Inc.3.13%$511.7m609.6KNew
USFDUS Foods Holding Corp.3.07%$502.5m4.91M+29.5% Added
ONONOn Holding AG2.88%$470.4m13.28MNew
LPLALPL Financial Holdings Inc.2.10%$343.4m1.22M−40.5% Reduced
AGXArgan Inc1.80%$294.4m368.7K−6.2% Reduced
BTDRBitdeer Technologies Group0.68%$111.4m7.02MNew
SHAZSharonai Holdings Inc.0.63%$102.4m1.21MNew
GOOGLAlphabet Inc. (Class A)0.47%$77.0m215.6K+14.9% Added
KGSKodiak Gas Services, Inc.0.39%$63.5m845.1KNew
VVisa Inc.0.35%$56.9m166.0K+78.9% Added
IBKRInteractive Brokers0.31%$50.3m577.7KNew
TSMTaiwan Semiconductor Manufacturing Co LTD0.30%$48.4m101.2K−92.7% Reduced
SESea Ltd0.29%$47.4m494.6KNew
MCKMcKesson0.27%$43.7m57.9K−85.3% Reduced
TDGTransDigm Group0.23%$38.0m28.5K−20.0% Reduced
CompanyBought (value)Shares
NBISNebius Group N.V.$1.2bn4.26M
STXSeagate Technology$965.1m1.00M
HDThe Home Depot$918.1m2.60M
AMATApplied Materials$873.2m1.21M
LINLinde plc$808.6m1.56M
CVNACarvana$577.0m8.77M
TTMITTM Technologies Inc$512.1m2.74M
STRLSterling Infrastructure, Inc.$511.7m609.6K
ONONOn Holding AG$470.4m13.28M
MDLNMedline Inc.$362.0m9.18M
PFGCPerformance Food Group Co$209.6m1.87M
NUNu Holdings Ltd.$123.0m9.21M
USFDUS Foods Holding Corp.$114.4m1.12M
BTDRBitdeer Technologies Group$111.4m7.02M
WULFTerawulf Inc.$104.3m4.22M

Change in shares on the previous quarter's 13F, valued at this quarter's reported price.

CompanySold (value)Shares
VSTVistra Corp.−$930.2m−6.19M
TSMTaiwan Semiconductor Manufacturing Co LTD−$615.2m−1.29M
TLNTalen Energy Corp−$580.3m−1.82M
CRSCarpenter Technology Corp−$527.5m−855.1K
CLHClean Harbors Inc−$503.2m−1.75M
THCTenet Healthcare Corp−$426.2m−2.26M
COFCapital One−$413.6m−2.27M
ENTGEntegris Inc−$365.2m−3.12M
CIENCiena−$314.3m−809.5K
GLWCorning Inc.−$252.9m−990.1K
MCKMcKesson−$252.7m−334.4K
LPLALPL Financial Holdings Inc.−$234.0m−830.9K
APPApplovin Corp−$217.8m−422.7K
TERTeradyne−$183.8m−379.8K
ASMLAsml Holding NV−$171.0m−86.0K

Change in shares on the previous quarter's 13F, valued at this quarter's reported price.

CompanyValue last quarterShares
VSTVistra Corp.$930.2m6.19M
TLNTalen Energy Corp$580.3m1.82M
CLHClean Harbors Inc$503.2m1.75M
THCTenet Healthcare Corp$426.2m2.26M
COFCapital One$413.6m2.27M
ENTGEntegris Inc$365.2m3.12M
CIENCiena$314.3m809.5K
VMCVulcan Materials Company$39.3m144.2K
SPOTSpotify Technology S.a.$33.4m68.8K
MAMastercard$28.6m57.2K
APHAmphenol$28.2m223.1K
HLTHilton Worldwide$27.1m89.2K
KKRKKR & Co.$16.6m179.3K
BKNGBooking Holdings$10.1m2.4K
BSXBoston Scientific$6.6m104.7K
  • Technology49.9%
  • Consumer Discretionary12.7%
  • Industrials8.6%
  • Materials8.6%
  • Consumer Staples7.1%
  • Financials6.6%
  • Health Care5.3%
  • Communication Services0.8%
  • Energy0.4%

Share of the value held in companies we cover, by sector.

PeriodCopy, a yearS&P 500SharpeS&P 500Biggest dropBeta
Whole backtestAugust 16, 2013 to November 2, 2026+11.5%+14.1%0.510.78−58.5%1.19
2018 onwardsJanuary 5, 2018 to November 2, 2026+9.2%+13.9%0.360.66−58.5%1.21
Last three yearsNovember 3, 2023 to November 2, 2026+15.5%+21.8%0.551.16−25.9%1.36
Last yearNovember 7, 2025 to November 2, 2026−21.4%+14.2%−1.050.84−24.4%1.43

From SEC Form 13F data sets. A 13F lists long positions in US-listed shares at the quarter's end, filed up to 45 days later; it does not show shorts, cash, bonds, non-US holdings or trades within the quarter. Positions in companies outside our coverage are not listed here. Research, not investment advice.