WhaleCreep

Lone Pine Capital LLC 13F holdings, Q1 2010

Hedge fundSEC filingsCompare with another fundHoldings as of 2010-03-31, filed 2010-05-17

Lone Pine Capital LLC disclosed 38 US equity positions worth $8.7bn in its Q1 2010 13F filing. Its largest position is JPM at 9.2% of the reported book, followed by QCOM and CTSH. Versus Q4 2009 it opened 15 new positions, added to 11, reduced 11 and exited 15.

$8.7bn
Reported equity book
Sum of the long US equity positions in the filing, at the values filed. Options are excluded.
38
Positions
Distinct securities in the equity book with a reported value above zero. Options are excluded.
9.2%
Largest position
The largest single position as a share of the reported equity book.
53.2%
Top 10 weight
The ten largest positions together, as a share of the reported equity book.
24
Effective positions
1 / HHI of portfolio weights: the number of equal-weight positions the book behaves like.
87
Quarters on file since Q4 2004
Quarters for which this manager's 13F holdings are on record.

Holdings

Against Q4 2009: 15 new, 11 added, 11 reduced, 15 exited

38 rows
JPM JPMORGAN CHASE & COFinancial Services9.2%$797m17.81m+1.9%added
QCOM QUALCOMM INCTechnology7.2%$624m14.87m+14%added
CTSH COGNIZANT TECHNOLOGY SOLUTIOTechnology6.4%$556m10.90m–new
AAPL APPLE INCTechnology6.4%$552m2.35m−11%reduced
WFC WELLS FARGO & COFinancial Services5.3%$457m14.68m+34%added
BAX BAXTER INTL INCHealthcare4.3%$368m6.33m−39%reduced
SHLDEUR SEARS HLDGS CORP–3.8%$331m3.06m+99%added
V VISA INCFinancial Services3.8%$331m3.64m−33%reduced
STRAYER ED INC no ticker–3.6%$313m1.29m−5.1%reduced
UPS UNITED PARCEL SERVICE INCIndustrials3.2%$278m4.32m–new
BAC BANK OF AMER CORPFinancial Services3.1%$273m15.28m+5.2%added
HEWLETT PACKARD CO no ticker–3.0%$261m4.91m−50%reduced
GLD SPDR GOLD TRUST–2.9%$253m2.32m0.0%held
NEW ORIENTAL ED & TECHNOLOGY no ticker–2.7%$234m2.74m+238%added
GOODRICH CORP no ticker–2.6%$228m3.23m−22%reduced
EL LAUDER ESTEE COS INCConsumer Defensive2.6%$227m3.50m+15%added
MONSANTO CO NEW no ticker–2.5%$213m2.98m−64%reduced
CVS CVS HEALTH CORPHealthcare2.3%$198m5.41m+17%added
AMP AMERIPRISE FINL INCFinancial Services2.2%$194m4.27m–new
KO COCA COLA COConsumer Defensive2.1%$185m3.36m–new
APH AMPHENOL CORPTechnology2.1%$179m4.24m–new
ATVIEUR ACTIVISION BLIZZARD INC–1.8%$160m13.24m–new
PACTIV CORP no ticker–1.8%$159m6.30m+74%added
POLO RALPH LAUREN CORP no ticker–1.7%$151m1.78m–new
ROASTERS IN no ticker–1.7%$151m1.56m−59%reduced
ADSK AUTODESK INCTechnology1.7%$151m5.12m+120%added
DR PEPPER SNAPPLE GROUP INC no ticker–1.7%$148m4.22m+7.0%added
CRM SALESFORCE INCTechnology1.6%$142m1.91m–new
LYV LIVE NATION ENTERTAINMENT INCommunication Services1.6%$139m9.59m–new
TECHNOLOGIES LT no ticker–1.2%$99.6m3.09m–new
STAPLES INC no ticker–1.0%$86.6m3.70m−38%reduced
PNC PNC FINL SVCS GROUP INCFinancial Services0.9%$74.6m1.25m–new
O REILLY AUTOMOTIVE INC no ticker–0.8%$70.3m1.69m–new
POPULAR INC no ticker–0.3%$28.4m9.77m−48%reduced
MINDRAY MEDICAL INTL LTD no ticker–0.2%$16.9m464,572−18%reduced
APOLLO ED GROUP INC no ticker–0.2%$16.4m267,626–new
IVZ INVESCO LTDFinancial Services0.1%$11.3m515,600–new
UMPQUSD UMPQUA HLDGS CORP–0.01%$1.2m87,914–new

Exited since Q4 2009

15 rows
HSBC HSBC HLDGS PLC4.4%$381m
WALGREEN CO no ticker3.2%$282m
DIS DISNEY WALT CO2.8%$240m
FLIR FLIR SYS INC2.6%$225m
EBAY EBAY INC.2.2%$189m
HSIC HENRY SCHEIN INC1.7%$146m
MSCI MSCI INC1.7%$146m
SWN1EUR SOUTHWESTERN ENERGY CO1.1%$95.9m
SFD SMITHFIELD FOODS INC1.0%$83.3m
VISTAPRINT N V no ticker0.6%$49.9m
BANK OF AMERICA CORPORATION UNIT 99/99/9999 no ticker0.4%$35.8m
MLCO MELCO RESORTS AND ENTMNT LTD0.3%$27.4m
MARVEL ENTERTAINMENT INC no ticker0.2%$19.0m
ASR GRUPO AEROPORTUARIO DEL SURE0.2%$18.0m
PAC GRUPO AEROPORTUNARIO DEL PAC0.2%$17.9m

Sector mix

  • Unclassified33.7%
  • Technology25.5%
  • Financial Services24.7%
  • Healthcare6.5%
  • Consumer Defensive4.8%
  • Industrials3.2%
  • Communication Services1.6%

Book over time

Every quarter on file (87)
QuarterPositionsEquity book
Q2 202634$16.4bn
Q1 202636$12.5bn
Q4 202532$13.6bn
Q3 202525$13.7bn
Q2 202522$13.8bn
Q1 202522$11.4bn
Q4 202430$13.5bn
Q3 202429$13.4bn
Q2 202424$12.3bn
Q1 202426$12.7bn
Q4 202325$11.6bn
Q3 202326$10.4bn
Q2 202329$10.9bn
Q1 202329$10.8bn
Q4 202230$10.5bn
Q3 202230$10.6bn
Q2 202229$10.6bn
Q1 202229$16.8bn
Q4 202129$24.4bn
Q3 202139$29.7bn
Q2 202135$31.0bn
Q1 202138$27.5bn
Q4 202041$27.5bn
Q3 202032$23.3bn
Q2 202028$19.5bn
Q1 202038$16.4bn
Q4 201941$18.7bn
Q3 201937$17.0bn
Q2 201931$16.1bn
Q1 201929$17.1bn
Q4 201825$14.8bn
Q3 201825$19.4bn
Q2 201828$18.9bn
Q1 201830$19.7bn
Q4 201731$19.2bn
Q3 201730$20.3bn
Q2 201733$19.7bn
Q1 201734$19.0bn
Q4 201638$19.1bn
Q3 201637$22.4bn
Q2 201635$21.6bn
Q1 201637$19.7bn
Q4 201540$22.4bn
Q3 201543$22.4bn
Q2 201546$22.5bn
Q1 201546$23.4bn
Q4 201443$23.4bn
Q3 201442$25.0bn
Q2 201446$24.0bn
Q1 201447$22.3bn
Q4 201346$21.9bn
Q3 201350$21.3bn
Q2 201353$19.8bn
Q1 201340$12.2bn
Q4 201232$9.3bn
Q3 201235$10.2bn
Q2 201236$10.8bn
Q1 201237$10.9bn
Q4 201136$8.9bn
Q3 201135$8.5bn
Q2 201137$8.0bn
Q1 201136$7.4bn
Q4 201034$7.6bn
Q3 201034$7.3bn
Q2 201037$6.7bn
Q1 201038$8.7bn
Q4 200938$8.7bn
Q3 200935$6.9bn
Q2 200928$5.7bn
Q1 200923$5.1bn
Q4 200817$4.6bn
Q3 200815$3.5bn
Q2 200817$4.0bn
Q1 200821$4.7bn
Q4 200726$6.1bn
Q3 200730$7.1bn
Q2 200739$8.0bn
Q1 200737$7.2bn
Q4 200629$5.6bn
Q3 200636$5.8bn
Q2 200634$5.3bn
Q1 200640$6.2bn
Q4 200538$5.4bn
Q3 200544$5.5bn
Q2 200547$5.9bn
Q1 200541$5.5bn
Q4 200450$4.9bn

Where Lone Pine Capital LLC was early

130 rows
GE GENERAL ELECTRIC COQ1 20052 of 2420.4%2.3%11Exited by Q1 2024−41%
AAP ADVANCE AUTO PARTS INCQ2 20054 of 1792.6%5.6%10Exited by Q4 2017+131%
SCHW SCHWAB CHARLES CORP NEWQ2 20056 of 2211.0%2.7%7Exited by Q4 2015+153%
LSAK NET 1 UEPS TECHNOLOGIES INCQ3 20051 of 430.5%1.5%5Exited by Q4 2006+2.0%
MCO MOODYS CORPORATIONQ4 20058 of 1762.2%2.2%2Exited by Q2 2006+16%
SLB SCHLUMBERGER LTDQ1 20062 of 2115.1%7.7%12Exited by Q4 2012+14%
CSCO CISCO SYS INCQ1 20066 of 1703.2%5.7%5Exited by Q2 2007+18%
AVGO BROADCOM INCQ2 20065 of 3232.8%6.3%11Exited by Q1 2026+38409%
LVS LAS VEGAS SANDS CORPQ3 20061 of 1880.7%4.6%6Exited by Q2 2012−16%
VMC VULCAN MATLS COQ3 20061 of 1821.3%5.0%16Exited by Q2 2026+248%
BIDU BAIDU INCQ3 20062 of 2311.8%7.1%10Exited by Q2 2015+2281%
MLM MARTIN MARIETTA MATLS INCQ3 20063 of 1844.4%4.4%2Exited by Q2 2007+60%
TV GRUPO TELEVISA SAQ3 20064 of 790.8%5.4%10Exited by Q1 2018−12%
EQIX EQUINIX INCQ4 20061 of 1872.6%6.2%33Exited by Q1 2018+499%
MA MASTERCARD INCORPORATEDQ4 20065 of 2635.8%9.1%51Exited by Q2 2026+4973%
ILMN ILLUMINA INCQ1 20071 of 2151.3%5.5%11Exited by Q1 2020+2164%
MDRX ALLSCRIPTS HEALTHCARE SOLUTIQ1 20072 of 961.4%1.4%2Exited by Q3 2007−5.0%
BAX BAXTER INTL INCQ2 20073 of 1460.4%7.1%3Exited by Q2 2010+3.3%
FAST FASTENAL COQ2 20074 of 1422.4%6.8%6Exited by Q4 2008+18%
AEO AMERICAN EAGLE OUTFITTERS NEQ3 20071 of 1510.8%2.9%2Exited by Q1 2008−21%
CME CME GROUP INCQ3 20071 of 1613.7%5.9%7Exited by Q1 2014−33%
MELI MERCADOLIBRE INCQ3 200712 of 2240.5%3.8%14Exited by Q2 2021+3960%
MSCI MSCI INCQ4 20074 of 1760.01%2.0%3Exited by Q1 2010−17%
TDC TERADATA CORP DELQ1 20082 of 1264.3%5.3%9Exited by Q3 2012+226%
V VISA INCQ1 20082 of 2845.2%9.9%42Held at last filing, Q2 2026+2101%
DLB DOLBY LABORATORIES INCQ3 20084 of 1054.4%4.4%3Exited by Q2 2009−3.1%
GLD SPDR GOLD TRUST GOLDQ4 20083 of 1913.3%6.4%13Exited by Q4 2012+99%
UNP UNION PACIFIC CORPQ4 20089 of 2117.2%7.2%9Exited by Q1 2020+656%
KO COCA COLA COQ1 20093 of 1582.4%4.8%7Exited by Q4 2011+54%
URBN URBAN OUTFITTERS INCQ1 20093 of 1282.4%2.4%3Exited by Q1 2011+119%
PM PHILIP MORRIS INTL INCQ1 200911 of 1697.0%7.0%12Exited by Q1 2026+351%
MLCO MELCO CROWN ENTMT LTDQ2 20092 of 1081.3%1.6%3Exited by Q1 2010−25%
SFD SMITHFIELD FOODS INCQ2 20092 of 902.7%2.7%3Exited by Q1 2010−28%
NKE NIKE INCQ2 200914 of 2084.1%5.6%10Exited by Q2 2017+331%
EL LAUDER ESTEE COS INCQ3 20092 of 1610.4%5.1%11Exited by Q3 2012+192%
FLIR FLIR SYS INCQ3 20092 of 802.1%2.6%2Exited by Q1 2010+17%
HSIC SCHEIN HENRY INCQ3 20094 of 1422.1%2.1%2Exited by Q1 2010−4.2%
ADSK AUTODESK INCQ4 20095 of 2170.7%4.0%22Exited by Q4 2022+635%
DIS DISNEY WALT COQ4 20098 of 2532.8%6.0%6Exited by Q2 2013+76%
CVS CVS CAREMARK CORPORATIONQ4 20099 of 2161.7%2.3%2Exited by Q2 2010+14%
WFC WELLS FARGO & CO NEWQ4 200911 of 2123.4%5.3%2Exited by Q2 2010+15%
BAC BANK AMER CORPQ4 200916 of 2322.5%3.1%3Exited by Q1 2017+47%
AMP AMERIPRISE FINL INCQ1 20102 of 1182.2%4.1%8Exited by Q1 2012+9.4%
CRM SALESFORCE INCQ1 20102 of 3031.6%5.7%22Exited by Q3 2025+1365%
LYV LIVE NATION ENTERTAINMENT INQ1 20102 of 2161.6%3.3%8Exited by Q2 2024+629%
APH AMPHENOL CORPQ1 20103 of 1862.1%3.5%8Exited by Q2 2026+2296%
IVZ INVESCO LTDQ1 20103 of 1090.1%2.7%3Exited by Q4 2010−3.1%
CTSH COGNIZANT TECHNOLOGY SOLUTIOQ1 20104 of 1496.4%6.5%9Exited by Q2 2015+145%
UPS UNITED PARCEL SERVICE INCQ1 20104 of 1743.2%3.2%2Exited by Q3 2010−12%
SNI SCRIPPS NETWORKS INTERACT INQ4 20104 of 801.0%2.2%2Exited by Q2 2011−3.2%

Concentration and tenure

8.0%
Median largest position, all quarters
The largest single position as a share of the reported equity book.
55.1%
Median top 10 weight, all quarters
The ten largest positions together, as a share of the reported equity book.
Concentrated
Style, by median largest position
3
Median completed holding, quarters