The Fly

Lone Pine adds Autodesk stake, reduces Meta Platforms, Microsoft stakes

Stephen Mandel’s Lone Pine Capital disclosed in an SEC filing its holdings as of September 30, 2022. Lone Pine’s seven new buys during the quarter included, by size of position, Autodesk (ADSK), TransDigm (TDG), PTC (PTC), and Cheniere Energy (LNG). Lone Pine exited six positions during the quarter, including by size of previous position, ServiceNow (NOW), Alphabet (GOOGL), Atlassian (TEAM), Fair Isaac (FICO), and Vtex (VTEX). Lone Pine increased its stake in four holdings, including by size of previous position, PayPal (PYPL), UnitedHealth (UNH), and Booking Holdings (BKNG). Lone Pine reduced its stake in ten holdings, including by size of previous position, Meta Platforms (META), Microsoft (MSFT), Amazon (AMZN), Thermo Fisher Scientific (TMO), and First Citizens BancShares (FCNCA). Lone Pine’s top holdings as of September 30, in order of size, were Workday (WDAY), Amazon, PayPal, Bath & Body Works (BBWI), and Microsoft.

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