Stephen Mandel’s Lone Pine Capital disclosed last night in an SEC filing its holdings as of September 30, 2023. Lone Pine’s four new buys during the third quarter included, by size of position, Meta Platforms (META), Alphabet (GOOGL), Tempur Sealy (TPX) and Block (SQ). Lone Pine’s exited positions during the quarter included RH (RH), Visa (V), Nvidia (NVDA), Moderna (MRNA) and Sweetgreen (SG). Lone Pine’s stakes in the quarter, by size of previous position, include MasterCard (MA), Salesforce (CRM), Bill (BILL), Amazon.com (AMZN) and Epam Systems (EPAM). Lone Pine’s reduced stakes in Q3 include, by size of previous position, Bath & Body Works (BBWI), Microsoft (MSFT), Floor & Decor (FND), TransDigm (TDG) and Dick’s Sporting Goods (DKS). Lone Pine’s top holdings as of September 30, in order of size, were Meta Platforms, Amazon, MasterCard, TSMC (TSM) and Microsoft.
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