WhaleCreep

Lone Pine Capital LLC 13F holdings, Q2 2011

Hedge fundSEC filingsCompare with another fundHoldings as of 2011-06-30, filed 2011-08-15

Lone Pine Capital LLC disclosed 37 US equity positions worth $8.0bn in its Q2 2011 13F filing. Its largest position is AAPL at 8.3% of the reported book, followed by POLO RALPH LAUREN CORP and CROWN CASTLE INTL CORP. Versus Q1 2011 it opened 9 new positions, added to 10, reduced 9 and exited 8.

$8.0bn
Reported equity book
Sum of the long US equity positions in the filing, at the values filed. Options are excluded.
37
Positions
Distinct securities in the equity book with a reported value above zero. Options are excluded.
8.3%
Largest position
The largest single position as a share of the reported equity book.
55.1%
Top 10 weight
The ten largest positions together, as a share of the reported equity book.
23
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 Q1 2011: 9 new, 10 added, 9 reduced, 8 exited

37 rows
AAPL APPLE INCTechnology8.3%$664m1.98m+27%added
POLO RALPH LAUREN CORP no ticker–6.8%$542m4.09m+14%added
CROWN CASTLE INTL CORP no ticker–6.2%$493m12.09m0.0%held
GOODRICH CORP no ticker–5.9%$473m4.95m+13%added
EXPRESS SCRIPTS INC no ticker–5.5%$434m8.05m−17%reduced
MONSANTO CO NEW no ticker–4.6%$369m5.08m+119%added
ORLY OREILLY AUTOMOTIVE INCConsumer Cyclical4.6%$364m5.56m0.0%held
SLB SLB LIMITEDEnergy4.4%$353m4.09m+5.6%added
QCOM QUALCOMM INCTechnology4.4%$351m6.17m−2.1%reduced
CTRPUSD CTRIP COM INTL LTD–4.4%$348m8.09m+2.5%added
EQIX EQUINIX INCReal Estate3.8%$305m3.02m−25%reduced
EL LAUDER ESTEE COS INCConsumer Defensive3.5%$282m2.68m−11%reduced
WBC1EUR WABCO HLDGS INC–3.5%$280m4.06m+213%added
NBIS NEBIUS GROUP N.V.Communication Services2.8%$223m6.28m–new
DLTR DOLLAR TREE INCConsumer Defensive2.6%$207m3.10m–new
SHLDEUR SEARS HLDGS CORP–2.5%$197m2.76m+0.4%held
NEW ORIENTAL ED & TECHNOLOGY no ticker–2.5%$195m1.75m−13%reduced
SENSATA TECHNOLOGIES HLDG NV no ticker–2.4%$191m5.08m+37%added
LIBERTY MEDIA CORP NEW CAP no ticker–2.3%$183m2.14m–new
USB US BANCORPFinancial Services2.3%$182m7.12m+8.9%added
AMERICAN TOWER CORP no ticker–2.2%$179m3.41m–new
KO COCA COLA COConsumer Defensive2.2%$174m2.59m0.0%held
NFLX NETFLIX INC.Communication Services2.1%$168m639,421–new
TDC TERADATA CORP DELTechnology2.1%$166m2.75m–new
AMP AMERIPRISE FINL INCFinancial Services1.5%$116m2.02m0.0%held
LIBERTY MEDIA CORP NEW LIB STAR no ticker–1.2%$94.8m1.26m0.0%held
NEWS CORP no ticker–1.1%$83.7m4.73m−51%reduced
ETFS PLATINUM TR SH BEN INT no ticker–0.8%$60.5m353,652−27%reduced
EMR Emerson Electric Inc.Industrials0.7%$53.1m943,636–new
SOLARWINDS INC no ticker–0.6%$49.8m1.91m−5.4%reduced
WY WEYERHAEUSER COReal Estate0.5%$37.2m1.70m0.0%held
ADSK AUTODESK INCTechnology0.4%$34.7m900,000−55%reduced
HOME INNS & HOTELS MGMT INC no ticker–0.4%$30.6m803,8600.0%held
ARCO ARCOS DORADOS HLDGS INCConsumer Cyclical0.3%$21.1m1.00m–new
PLUM CREEK TIMBER CO INC no ticker–0.3%$20.3m500,0000.0%held
OII OCEANEERING INTL INCEnergy0.2%$19.6m483,693–new
7 DAYS GROUP HLDGS LTD no ticker–0.2%$19.3m999,322+9.4%added

Exited since Q1 2011

8 rows
JPM JPMORGAN CHASE & CO4.6%$341m
MA MASTERCARD INC2.4%$174m
SNI SCRIPPS NETWORKS INTERACT IN2.2%$165m
LINCARE HLDGS INC no ticker1.9%$137m
INFORMATICA CORP no ticker1.8%$131m
TOWERS WATSON & CO no ticker1.5%$112m
APH AMPHENOL CORP0.6%$42.2m
CVCEUR CABLEVISION SYS CORP0.2%$17.1m

Sector mix

  • Unclassified53.3%
  • Technology15.3%
  • Consumer Defensive8.3%
  • Communication Services4.9%
  • Consumer Cyclical4.8%
  • Energy4.7%
  • Real Estate4.3%
  • Financial Services3.7%
  • Industrials0.7%

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