Lone Pine Capital Portfolio
Lone Pine Capital 13F filer (CIK 0001061165).
Q2 2026 · 34 positions · Total reported value $16.36B · Top-10 concentration 53.9%
Turnover: 83.7% · 13 new · 13 cut · 15 exited
Active Share (vs S&P 500): 96.8% · vs QQQ: 94.5% — share of the book that differs from index weights (higher = more active) · ranking
In its Q2 2026 13F filing, Lone Pine Capital disclosed 34 equity positions with a combined reported value of $16.36B. The filing implies a moderately concentrated portfolio: its ten largest positions account for 53.9% of reported value. HoldingsHub classifies the profile as Large / High Turnover.
The largest disclosed positions as of Q2 2026 were NBIS ($1.18B), ASML ($1.13B), STX ($965.11M). By sector, the heaviest allocations are Technology 33.2%, Consumer Discretionary 22.2%. Versus the prior quarter, allocation shifted toward Technology (+17.2pp), Consumer Discretionary (+9.6pp) and away from Financials (-2.6pp), Real Estate (-3.4pp).
Versus the prior quarter, Lone Pine Capital opened 13 new positions, trimmed 13 and fully exited 15, a turnover rate of 83.7% of positions. The portfolio's overlap with the prior quarter was 43% of names.
Figures come from the fund's SEC Form 13F filing. 13F reports are filed within 45 days of quarter end and cover long positions of $100,000 or more; they exclude short positions and non-13F asset classes, so treat this page as a quarter-end snapshot rather than the fund's live book.
Sector Allocation
| # | Symbol | Company | Shares | Value | Weight | Change |
|---|---|---|---|---|---|---|
| 1 | NBIS | NEBIUS GROUP N.V. | 4.26M | $1.18B | 7.19% | New |
| 2 | ASML | ASML HLDG NV | 569.17K | $1.13B | 6.92% | Reduce |
| 3 | STX | SEAGATE TECHNOLOGY HLDNGS PL | 1.00M | $965.11M | 5.90% | New |
| 4 | HD | HOME DEPOT INC | 2.60M | $918.09M | 5.61% | New |
| 5 | AMAT | APPLIED MATLS INC | 1.21M | $873.19M | 5.34% | New |
| 6 | MDLN | MEDLINE INC | 20.97M | $826.99M | 5.06% | Add |
| 7 | LIN | LINDE PLC | 1.56M | $808.55M | 4.94% | New |
| 8 | TER | TERADYNE INC | 1.49M | $722.41M | 4.42% | Reduce |
| 9 | GLW | CORNING INC | 2.73M | $696.83M | 4.26% | Reduce |
| 10 | CVNA | CARVANA CO | 10.52M | $692.47M | 4.23% | Add |
| 11 | HUT | HUT 8 CORP | 5.77M | $666.47M | 4.07% | Reduce |
| 12 | PFGC | PERFORMANCE FOOD GROUP CO | 5.85M | $654.28M | 4.00% | Add |
| 13 | NU | NU HLDGS LTD | 47.22M | $630.86M | 3.86% | Add |
| 14 | WULF | TERAWULF INC | 24.14M | $596.37M | 3.65% | Add |
| 15 | CRS | CARPENTER TECHNOLOGY CORP | 962.84K | $593.92M | 3.63% | Reduce |
| 16 | MTZ | MASTEC INC | 1.35M | $559.67M | 3.42% | Reduce |
| 17 | APP | APPLOVIN CORP | 1.04M | $537.01M | 3.28% | Reduce |
| 18 | TTMI | TTM TECHNOLOGIES INC | 2.74M | $512.07M | 3.13% | New |
| 19 | STRL | STERLING INFRASTRUCTURE INC | 609.64K | $511.71M | 3.13% | New |
| 20 | USFD | US FOODS HLDG CORP | 4.91M | $502.51M | 3.07% | Add |
| 21 | ONON | ON HLDG AG | 13.28M | $470.38M | 2.88% | New |
| 22 | LPLA | LPL FINL HLDGS INC | 1.22M | $343.40M | 2.10% | Reduce |
| 23 | AGX | ARGAN INC | 368.67K | $294.40M | 1.80% | Reduce |
| 24 | BTDR | BITDEER TECHNOLOGIES GROUP | 7.02M | $111.41M | 0.68% | New |
| 25 | SHAZ | SHARONAI HOLDINGS INC | 1.21M | $102.43M | 0.63% | New |
| 26 | GOOGL | ALPHABET INC | 215.57K | $77.04M | 0.47% | Add |
| 27 | KGS | KODIAK GAS SVCS INC | 845.07K | $63.49M | 0.39% | New |
| 28 | V | VISA INC | 165.96K | $56.94M | 0.35% | Add |
| 29 | IBKR | INTERACTIVE BROKERS GROUP IN | 577.67K | $50.28M | 0.31% | New |
| 30 | TSM | TAIWAN SEMICONDUCTOR MANUFAC | 101.24K | $48.35M | 0.30% | Reduce |
| 31 | SE | SEA LTD | 494.58K | $47.40M | 0.29% | New |
| 32 | MCK | MCKESSON CORP | 57.85K | $43.71M | 0.27% | Reduce |
| 33 | TDG | TRANSDIGM GROUP INC | 28.53K | $38.01M | 0.23% | Reduce |
| 34 | BN | BROOKFIELD CORP | 792.72K | $33.76M | 0.21% | Reduce |