LP

Lone Pine Capital LLC

ContrarianHigh-turnover traderQuality / disciplined sizing

Total reported value

$12.5B

Reporting period: 2026-03-31 · Number of holdings: 36

LONE PINE CAPITAL LLC disclosed 36 holdings in its latest 13F filing for the period ending 2026-03-31, with total reported value of $12.5B and a quarterly turnover rate of 84.9%.

Personality snowflake

Concentration
17.05
Portfolio Stability
84.87
Momentum/Contrarian
0
Sector conviction
58.84
Diversification
72
Sizing Uniformity
92.58

Recent moves

  • Trim KKR

    -96.4%　-$621.0M

  • Trim VMC

    -91.4%　-$441.0M

  • Trim TSM

    -54.5%　-$458.0M

  • Add CRS

    +38.5%　$303.2M

  • Trim APH

    -92.1%　-$351.5M

  • Add ASML

    +8.3%　$218.1M

Holdings Map

New buyAddUnchangedTrim

Top 10 holdings by weight

Full holdings list this quarter

#TickerIssuerAsset SubclassWeightWeight ChangeShares Change4Q Trend
1VSTVistra CORPStock-Utilities7.42%+1.24%+18.72%
2ASMLASML Holding N.V.Stock-Tech6.90%+2.14%+8.29%
3CRSCarpenter TechnologyStock-Industrials5.71%+2.67%+38.46%
4LPLALpl Financial Holdings INCStock-Financials4.92%-0.52%-1.20%
5APPApplovin Corp-class AStock-Tech4.65%+0.79%+87.68%
6TLNTalen Energy CORPStock-Utilities4.63%+1.07%+40.65%
7TERTeradyne INCStock-Tech4.43%+4.43%NEW
8CVNACarvana CoStock-Consumer Disc4.40%-1.12%-1.38%
9NUNu Holdings Ltd.Stock-Financials4.35%+0.71%+28.29%
10MDLNMedline Inc-cl AStock-Other4.18%+0.56%+0.62%
11GLWCorning INCStock-Tech4.03%+4.03%NEW
12CLHClean Harbors INCStock-Industrials4.01%+1.64%+27.34%
13MTZMastec INCStock-Industrials3.93%+3.93%NEW
14TSMTaiwan Semiconductor-sp AdrStock-Tech3.74%-3.08%-54.48%
15BNBrookfield CORPStock-Financials3.62%-1.75%-29.61%
16THCTenet Healthcare CORPStock-Healthcare3.40%+0.79%+26.37%
17COFCapital One Financial CORPStock-Financials3.30%-0.79%-1.21%
18ENTGEntegris INCStock-Tech2.91%+1.02%+1.99%
19USFDUS Foods Holding CORPStock-Consumer Staples2.79%+2.79%NEW
20PFGCPerformance Food Group CoStock-Consumer Staples2.72%+2.72%NEW
21MCKMckesson CORPStock-Healthcare2.71%+2.71%NEW
22CIENCiena CORPStock-Tech2.51%+2.51%NEW
23WULFTerawulf INCStock-Financials2.29%+2.29%NEW
24HUTHut 8 CORPStock-Financials2.27%+2.27%NEW
25AGXArgan INCStock-Industrials1.71%+1.71%NEW
26GOOGLAlphabet Inc-cl AStock-Comm Services0.43%+0.43%NEW
27TDGTransdigm Group INCStock-Industrials0.33%+0.14%+85.55%
28VMCVulcan Materials CoStock-Materials0.31%-3.22%-91.44%
29SPOTSpotify Technology S.A.Stock-Comm Services0.27%+0.19%+287.59%
30MAMastercard INC - AStock-Financials0.23%-0.17%-40.62%
31APHAmphenol Corp-cl AStock-Tech0.22%-2.57%-92.06%
32VVisa Inc-class A SharesStock-Financials0.22%+0.18%+509.68%
33HLTHilton Worldwide Holdings InStock-Consumer Disc0.22%+0.10%+54.36%
34KKRKkr & Co INCStock-Financials0.13%-4.55%-96.41%
35BKNGBooking Holdings INCStock-Consumer Disc0.08%-0.10%-48.06%
36BSXBoston Scientific CORPStock-Healthcare0.05%-0.09%-48.11%

Holding changes this quarter

Lone Pine Capital LLC's most significant position changes for 2026-03-31: Sold out: Broadcom INC (AVGO); Sold out: Microsoft CORP (MSFT); Sold out: Doordash INC - A (DASH); Sold out: Amazon.com INC (AMZN); New buy: Teradyne INC (TER).

Position changes disclosed by Lone Pine Capital LLC for the quarter ending 2026-03-31, including ticker, issuer, weight change, shares change, and action
#TickerIssuerWeight ChangeShares ChangeAction
1CRSCarpenter Technology+2.7%+38.46%Add
2ASMLASML Holding N.V.+2.1%+8.29%Add
3CLHClean Harbors INC+1.6%+27.34%Add
4VSTVistra CORP+1.2%+18.72%Add
5TLNTalen Energy CORP+1.1%+40.65%Add
6ENTGEntegris INC+1%+1.99%Add
7THCTenet Healthcare CORP+0.8%+26.37%Add
8APPApplovin Corp-class A+0.8%+87.68%Add
9NUNu Holdings Ltd.+0.7%+28.29%Add
10MDLNMedline Inc-cl A+0.6%+0.62%Add
11SPOTSpotify Technology S.A.+0.2%+287.59%Add
12VVisa Inc-class A Shares+0.2%+509.68%Add
13TDGTransdigm Group INC+0.1%+85.55%Add
14HLTHilton Worldwide Holdings In+0.1%+54.36%Add
15BSXBoston Scientific CORP-0.1%-48.11%Trim
16BKNGBooking Holdings INC-0.1%-48.06%Trim
17MAMastercard INC - A-0.2%-40.62%Trim
18LPLALpl Financial Holdings INC-0.5%-1.20%Trim
19COFCapital One Financial CORP-0.8%-1.21%Trim
20CVNACarvana Co-1.1%-1.38%Trim
21BNBrookfield CORP-1.8%-29.61%Trim
22APHAmphenol Corp-cl A-2.6%-92.06%Trim
23TSMTaiwan Semiconductor-sp Adr-3.1%-54.48%Trim
24VMCVulcan Materials Co-3.2%-91.44%Trim
25KKRKkr & Co INC-4.6%-96.41%Trim
26AVGOBroadcom INC—EXITSold out
27MSFTMicrosoft CORP—EXITSold out
28DASHDoordash INC - A—EXITSold out
29AMZNAmazon.com INC—EXITSold out
30TERTeradyne INC—NEWNew buy
31GLWCorning INC—NEWNew buy
32MTZMastec INC—NEWNew buy
33PMPhilip Morris International—EXITSold out
34WINGWingstop INC—EXITSold out
35USFDUS Foods Holding CORP—NEWNew buy
36PFGCPerformance Food Group Co—NEWNew buy
37MCKMckesson CORP—NEWNew buy
38CIENCiena CORP—NEWNew buy
39WULFTerawulf INC—NEWNew buy
40HUTHut 8 CORP—NEWNew buy
41AFRMAffirm Holdings INC—EXITSold out
42AGXArgan INC—NEWNew buy
43GOOGLAlphabet Inc-cl A—NEWNew buy

FAQ

What is Lone Pine Capital LLC and what type of investor is it?
Lone Pine Capital LLC is a investment manager that files SEC Form 13F quarterly, disclosing its U.S. public equity holdings to regulators. As of the most recent reporting period (2026-03-31), the firm manages a tracked equity portfolio valued at approximately $12.5B, spread across 36 disclosed positions.
What are Lone Pine Capital LLC's largest equity positions?
Based on the latest 13F filing, Lone Pine Capital LLC's top holdings by market value are: 1. Vistra CORP (VST) — $930.2M (7.4%) 2. ASML Holding N.V. (ASML) — $865.3M (6.9%) 3. Carpenter Technology (CRS) — $716.5M (5.7%) 4. Lpl Financial Holdings INC (LPLA) — $616.7M (4.9%) 5. Applovin Corp-class A (APP) — $583.0M (4.7%)
What changes did Lone Pine Capital LLC make in its most recent portfolio filing?
In the latest reported quarter, Lone Pine Capital LLC made 43 notable position adjustments: 11 new positions were initiated, 14 existing holdings were added to, 11 positions were partially reduced, and 7 were completely exited. The largest of these moves: Sold out: Broadcom INC (AVGO); Sold out: Microsoft CORP (MSFT); Sold out: Doordash INC - A (DASH); Sold out: Amazon.com INC (AMZN); New buy: Teradyne INC (TER)
What sectors does Lone Pine Capital LLC focus on?
Lone Pine Capital LLC is concentrated in the following sectors based on its current disclosed equity portfolio: • Information Technology: 30.7% • Financials: 22.3% • Industrials: 16.4% • Utilities: 12.6% • Health Care: 6.4% • Consumer Staples: 5.8%