Lone Pine Capital: 13F holdings, Q2 2026
Tiger lineage · SEC EDGAR filings (CIK 0001061165) · Explore on the interactive board
Lone Pine Capital disclosed 34 US equity positions worth $16.4bn in its Q2 2026 13F filing (holdings as of June 30, 2026, filed August 14, 2026). Its largest position is NBIS at 7.2% of the reported book, followed by ASML, STX. The top ten holdings are 53.9% of the book, and the portfolio behaves like about 23 equal-weight positions. Versus the prior filing it opened 13 new positions, added to 8, reduced 13 and exited 15.
What does Lone Pine Capital own? Top holdings as of June 30, 2026
Change is measured in shares against the previous filing (Q1 2026), so price moves do not read as decisions. This quarter: 13 new, 8 added, 13 reduced, 15 exited.
| # | Stock | Sector | Weight | Value | Shares | Δ shares | Action |
|---|---|---|---|---|---|---|---|
| 1 | NBIS NEBIUS GROUP N.V. | Communication Services | 7.2% | $1.2bn | 4,258,008 | – | new |
| 2 | ASML ASML HLDG NV | Technology | 6.9% | $1.1bn | 569,174 | -13% | reduced |
| 3 | STX SEAGATE TECHNOLOGY HLDNGS PL | Technology | 5.9% | $965.1m | 1,000,109 | – | new |
| 4 | HD HOME DEPOT INC | Consumer Cyclical | 5.6% | $918.1m | 2,603,189 | – | new |
| 5 | AMAT APPLIED MATLS INC | Technology | 5.3% | $873.2m | 1,207,737 | – | new |
| 6 | MDLN MEDLINE INC | Healthcare | 5.1% | $827.0m | 20,968,367 | 78% | added |
| 7 | LIN LINDE PLC | Basic Materials | 4.9% | $808.6m | 1,558,081 | – | new |
| 8 | TER TERADYNE INC | Technology | 4.4% | $722.4m | 1,493,080 | -20% | reduced |
| 9 | GLW CORNING INC | Technology | 4.3% | $696.8m | 2,728,058 | -27% | reduced |
| 10 | CVNA CARVANA CO | Consumer Cyclical | 4.2% | $692.5m | 10,520,666 | 500% | added |
| 11 | HUT HUT 8 CORP | Financial Services | 4.1% | $666.5m | 5,773,045 | -5% | reduced |
| 12 | PFGC PERFORMANCE FOOD GROUP CO | Consumer Defensive | 4.0% | $654.3m | 5,852,740 | 47% | added |
| 13 | NU NU HLDGS LTD | Financial Services | 3.9% | $630.9m | 47,219,717 | 24% | added |
| 14 | WULF TERAWULF INC | Financial Services | 3.6% | $596.4m | 24,144,625 | 21% | added |
| 15 | CRS CARPENTER TECHNOLOGY CORP | Industrials | 3.6% | $593.9m | 962,839 | -47% | reduced |
| 16 | MTZ MASTEC INC | Industrials | 3.4% | $559.7m | 1,345,157 | -12% | reduced |
| 17 | APP APPLOVIN CORP | Communication Services | 3.3% | $537.0m | 1,042,268 | -29% | reduced |
| 18 | TTMI TTM TECHNOLOGIES INC | Technology | 3.1% | $512.1m | 2,738,075 | – | new |
| 19 | STRL STERLING INFRASTRUCTURE INC | Industrials | 3.1% | $511.7m | 609,643 | – | new |
| 20 | USFD US FOODS HLDG CORP | Consumer Defensive | 3.1% | $502.5m | 4,914,492 | 29% | added |
| 21 | ON HLDG AG | 2.9% | $470.4m | 13,280,030 | – | new | |
| 22 | LPLA LPL FINL HLDGS INC | Financial Services | 2.1% | $343.4m | 1,219,099 | -41% | reduced |
| 23 | AGX ARGAN INC | Industrials | 1.8% | $294.4m | 368,673 | -6% | reduced |
| 24 | BTDR BITDEER TECHNOLOGIES GROUP | Technology | 0.7% | $111.4m | 7,020,026 | – | new |
| 25 | SHAZ SHARONAI HOLDINGS INC | Technology | 0.6% | $102.4m | 1,209,848 | – | new |
| 26 | GOOGL ALPHABET INC | Communication Services | 0.5% | $77.0m | 215,574 | 15% | added |
| 27 | KGS KODIAK GAS SVCS INC | Energy | 0.4% | $63.5m | 845,070 | – | new |
| 28 | V VISA INC | Financial Services | 0.3% | $56.9m | 165,960 | 79% | added |
| 29 | IBKR INTERACTIVE BROKERS GROUP IN | Financial Services | 0.3% | $50.3m | 577,666 | – | new |
| 30 | TSM TAIWAN SEMICONDUCTOR MANUFAC | Technology | 0.3% | $48.4m | 101,242 | -93% | reduced |
| 31 | SE SEA LTD | Consumer Cyclical | 0.3% | $47.4m | 494,581 | – | new |
| 32 | MCK MCKESSON CORP | Healthcare | 0.3% | $43.7m | 57,851 | -85% | reduced |
| 33 | TDG TRANSDIGM GROUP INC | Industrials | 0.2% | $38.0m | 28,532 | -20% | reduced |
| 34 | BN BROOKFIELD CORP | Financial Services | 0.2% | $33.8m | 792,717 | -93% | reduced |
What did Lone Pine Capital sell? Positions exited since the previous filing
| Stock | Prior weight | Prior value |
|---|---|---|
| VST VISTRA CORP | 25.0% | $930.2m |
| TLN TALEN ENERGY CORP | 15.6% | $580.3m |
| CLH CLEAN HARBORS INC | 13.5% | $503.2m |
| THC TENET HEALTHCARE CORP | 11.4% | $426.2m |
| COF CAPITAL ONE FINL CORP | 11.1% | $413.6m |
| ENTG ENTEGRIS INC | 9.8% | $365.2m |
| CIEN CIENA CORP | 8.4% | $314.3m |
| VMC VULCAN MATLS CO | 1.1% | $39.3m |
| SPOT SPOTIFY TECHNOLOGY S A | 0.9% | $33.4m |
| MA MASTERCARD INCORPORATED | 0.8% | $28.6m |
| APH AMPHENOL CORP | 0.8% | $28.2m |
| HLT HILTON WORLDWIDE HLDGS INC | 0.7% | $27.1m |
| KKR KKR & CO INC | 0.4% | $16.6m |
| BKNG BOOKING HOLDINGS INC | 0.3% | $10.1m |
| BSX BOSTON SCIENTIFIC CORP | 0.2% | $6.6m |
Sector mix
| Sector | Weight |
|---|---|
| Technology | 31.6% |
| Financial Services | 14.5% |
| Industrials | 12.2% |
| Communication Services | 10.9% |
| Consumer Cyclical | 10.1% |
| Consumer Defensive | 7.1% |
Sectors cover positions whose ticker resolved to a sector; the remainder is unclassified, not cash.
Filing history
| Quarter | Positions | Equity value |
|---|---|---|
| Q2 2026 | 34 | $16.4bn |
| Q1 2026 | 36 | $12.5bn |
| Q4 2025 | 32 | $13.6bn |
| Q3 2025 | 25 | $13.7bn |
| Q2 2025 | 22 | $13.8bn |
| Q1 2025 | 22 | $11.4bn |
| Q4 2024 | 30 | $13.5bn |
| Q3 2024 | 29 | $13.4bn |
| Q2 2024 | 24 | $12.3bn |
| Q1 2024 | 26 | $12.7bn |
| Q4 2023 | 25 | $11.6bn |
| Q3 2023 | 26 | $10.4bn |
| Q2 2023 | 29 | $10.9bn |
| Q1 2023 | 29 | $10.8bn |
| Q4 2022 | 30 | $10.5bn |
| Q3 2022 | 30 | $10.6bn |
Earliest filing: Q4 2004 · 87 quarters on file
How concentrated is Lone Pine Capital's portfolio?
Across every quarter Lone Pine Capital has filed, its median largest position is 8.0% of the book and its median top-ten weight is 55.1%, which WhaleCreep classifies as concentrated (the gate is a median largest position of 5%). Of 683 completed holding spells, the median lasted 3.0 quarters; 34 positions are still open and their final length is unknown.