WhaleCreep

Lone Pine Capital LLC 13F holdings, Q1 2012

Hedge fundSEC filingsCompare with another fundHoldings as of 2012-03-31, filed 2012-05-15

Lone Pine Capital LLC disclosed 37 US equity positions worth $10.9bn in its Q1 2012 13F filing. Its largest position is EL PASO CORP at 8.6% of the reported book, followed by AAPL and GLD. Versus Q4 2011 it opened 11 new positions, added to 9, reduced 14 and exited 10.

$10.9bn
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.
8.6%
Largest position
The largest single position as a share of the reported equity book.
53.7%
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 2011: 11 new, 9 added, 14 reduced, 10 exited

37 rows
EL PASO CORP no ticker–8.6%$935m31.64m+382%added
AAPL APPLE INCTechnology6.9%$755m1.26m−41%reduced
GLD SPDR GOLD TRUST–5.6%$608m3.75m0.0%held
V VISA INCFinancial Services4.9%$535m4.54m−5.4%reduced
RL RALPH LAUREN CORPConsumer Cyclical4.8%$527m3.02m−35%reduced
QCOM QUALCOMM INCTechnology4.8%$523m7.68m+21%added
MONSANTO CO NEW no ticker–4.8%$519m6.51m+9.8%added
EQIX EQUINIX INCReal Estate4.6%$498m3.16m+14%added
TDC TERADATA CORP DELTechnology4.5%$493m7.23m+4.3%added
LVS LAS VEGAS SANDS CORPConsumer Cyclical4.3%$465m8.08m−17%reduced
CROWN CASTLE INTL CORP no ticker–4.0%$439m8.24m−22%reduced
EXPRESS SCRIPTS INC no ticker–3.8%$410m7.57m−45%reduced
OII OCEANEERING INTL INCEnergy3.7%$404m7.50m−4.4%reduced
AZO AUTOZONE INCConsumer Cyclical3.6%$396m1.06m–new
GAP GAP INCConsumer Cyclical2.7%$293m11.21m–new
GREEN MTN COFFEE ROASTERS IN no ticker–2.6%$280m5.99m+72%added
NEW ORIENTAL ED & TECHNOLOGY no ticker–2.5%$268m9.77m−1.9%reduced
DIS DISNEY WALT COCommunication Services2.4%$258m5.89m–new
WBC1EUR WABCO HLDGS INC–2.3%$252m4.17m−15%reduced
MICHAEL KORS HLDGS LTD no ticker–2.2%$245m5.26m+44%added
LIBERTY MEDIA CORPORATION LIB CAP no ticker–1.8%$200m2.26m0.0%held
SENSATA TECHNOLOGIES HLDG NV no ticker–1.8%$198m5.91m−3.9%reduced
EL LAUDER ESTEE COS INCConsumer Defensive1.8%$196m3.16m–new
VFC V F CORPConsumer Cyclical1.8%$193m1.32m−2.9%reduced
GRA1EUR GRACE W R & CO DEL NEW–1.8%$193m3.33m+68%added
ULTA ULTA BEAUTY INCConsumer Cyclical1.1%$124m1.33m–new
SHLDEUR SEARS HLDGS CORP–1.1%$121m1.83m+40%added
CTRPUSD CTRIP COM INTL LTD–1.0%$113m5.24m−44%reduced
OC Owens Corning IncIndustrials0.8%$89.6m2.49m–new
WYNN WYNN RESORTS LTDConsumer Cyclical0.8%$86.8m695,207–new
TRIP TRIPADVISOR INCConsumer Cyclical0.6%$66.5m1.87m–new
BARCLAYS BK PLC IPTH S&P VIX NEW no ticker–0.5%$53.7m3.20m−67%reduced
ARIBA INC no ticker–0.5%$50.8m1.55m–new
WY WEYERHAEUSER COReal Estate0.4%$47.6m2.17m–new
INTC INTEL CORPTechnology0.2%$26.6m945,0000.0%held
TSCO TRACTOR SUPPLY COConsumer Cyclical0.2%$21.5m237,326–new
7 DAYS GROUP HLDGS LTD no ticker–0.1%$13.9m1.11m−19%reduced

Exited since Q4 2011

10 rows
FMC TECHNOLOGIES INC no ticker3.6%$326m
BIDU BAIDU INC3.1%$279m
AMP AMERIPRISE FINL INC1.3%$117m
SOLARWINDS INC no ticker0.9%$77.9m
EBAY EBAY INC.0.9%$76.3m
NEWS CORP no ticker0.4%$34.0m
HOME INNS & HOTELS MGMT INC no ticker0.3%$29.9m
TSLA TESLA INC0.2%$20.1m
ARCO ARCOS DORADOS HLDGS INC0.2%$16.9m
NBIS NEBIUS GROUP N.V.0.1%$12.6m

Sector mix

  • Unclassified45.0%
  • Consumer Cyclical19.9%
  • Technology16.5%
  • Real Estate5.0%
  • Financial Services4.9%
  • Energy3.7%
  • Communication Services2.4%
  • Consumer Defensive1.8%
  • Industrials0.8%

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