WhaleCreep

Lone Pine Capital LLC 13F holdings, Q3 2013

Hedge fundSEC filingsCompare with another fundHoldings as of 2013-09-30, filed 2013-11-14

Lone Pine Capital LLC disclosed 50 US equity positions worth $21.3bn in its Q3 2013 13F filing. Its largest position is DG at 4.7% of the reported book, followed by CTSH and PRICELINE GRP INC. Versus Q2 2013 it opened 9 new positions, added to 17, reduced 18 and exited 12.

$21.3bn
Reported equity book
Sum of the long US equity positions in the filing, at the values filed. Options are excluded.
50
Positions
Distinct securities in the equity book with a reported value above zero. Options are excluded.
4.7%
Largest position
The largest single position as a share of the reported equity book.
40.8%
Top 10 weight
The ten largest positions together, as a share of the reported equity book.
36
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 Q2 2013: 9 new, 17 added, 18 reduced, 12 exited

50 rows
DG DOLLAR GEN CORPConsumer Defensive4.7%$998m17.68m+30%added
CTSH COGNIZANT TECHNOLOGY SOLUTIOTechnology4.6%$982m11.96m−9.7%reduced
PRICELINE GRP INC no ticker–4.6%$980m969,568−44%reduced
MONSANTO CO NEW no ticker–4.6%$976m9.35m+51%added
GAP GAP INCConsumer Cyclical4.2%$898m22.31m+16%added
QCOM QUALCOMM INCTechnology4.2%$897m13.33m+43%added
BIDU BAIDU INCCommunication Services3.9%$821m5.29m–new
VALEANT PHARMACEUTICALS INTL no ticker–3.8%$812m7.78m−2.9%reduced
MICHAEL KORS HLDGS LTD no ticker–3.4%$714m9.58m+7.4%added
TWENTY FIRST CENTY FOX INC no ticker–2.9%$627m18.70m–new
EBAY EBAY INC.Consumer Cyclical2.9%$609m10.92m−30%reduced
ULTA ULTA BEAUTY INCConsumer Cyclical2.7%$566m4.74m−7.5%reduced
HOUSEUR ANYWHERE REAL ESTATE INC–2.4%$516m12.00m+52%added
FLT1EUR FLEETCOR TECHNOLOGIES INC–2.4%$503m4.56m−15%reduced
MEAD JOHNSON NUTRITION CO no ticker–2.3%$492m6.63m−11%reduced
AXP AMERICAN EXPRESS COFinancial Services2.2%$472m6.24m+68%added
MA MASTERCARD INCFinancial Services2.2%$471m700,604–new
CROWN CASTLE INTL CORP no ticker–2.2%$463m6.34m+26%added
DLTR DOLLAR TREE INCConsumer Defensive2.1%$437m7.65m−5.0%reduced
CME CME GROUP INCFinancial Services1.9%$415m5.62m+44%added
EQIX EQUINIX INCReal Estate1.9%$398m2.17m+3.8%added
KMI KINDER MORGAN INC DELEnergy1.8%$388m10.91m−11%reduced
META META PLATFORMS INCCommunication Services1.8%$384m7.64m−23%reduced
KINDER MORGAN INC DEL no ticker–1.7%$359m72.28m+10%added
DVA DAVITA INCHealthcare1.7%$359m6.30m–new
GOOGLE INC no ticker–1.7%$357m407,784−57%reduced
TDG TRANSDIGM GROUP INCIndustrials1.7%$355m2.56m0.0%held
COACH INC no ticker–1.7%$353m6.48m+11%added
B/E AEROSPACE INC no ticker–1.6%$350m4.74m+10.0%added
WYNEUR WYNDHAM DESTINATIONS INC–1.6%$348m5.71m+20%added
LIBERTY GLOBAL PLC no ticker–1.4%$299m3.96m+164%added
OCN2EUR OCWEN FINL CORP–1.4%$294m5.28m−3.1%reduced
WDAY WORKDAY INCTechnology1.3%$285m3.52m0.0%held
CHARTER COMMUNICATIONS INC D no ticker–1.2%$263m1.95m−47%reduced
LIBERTY GLOBAL PLC no ticker–1.2%$254m3.20m+59%added
DSW INC no ticker–1.2%$254m2.98m+237%added
PANDORA MEDIA INC no ticker–1.2%$253m10.09m–new
OII OCEANEERING INTL INCEnergy1.2%$249m3.07m−11%reduced
VRSN VERISIGN INCTechnology1.2%$249m4.89m−35%reduced
AMZN AMAZON COM INCConsumer Cyclical1.1%$242m773,737–new
V VISA INCFinancial Services1.1%$238m1.24m−5.8%reduced
LIBERTY MEDIA CORP DELAWARE no ticker–1.1%$237m1.61m−13%reduced
SEMGUSD SEMGROUP CORP–1.0%$223m3.91m0.0%held
SOLARWINDS INC no ticker–0.9%$200m5.70m–new
GRFS GRIFOLS S AHealthcare0.6%$134m4.45m+0.3%held
ASML ASML HLDG NVTechnology0.5%$102m1.03m0.0%held
LOW LOWES COS INCConsumer Cyclical0.5%$101m2.11m–new
HRB BLOCK H & R INCConsumer Cyclical0.3%$61.4m2.30m−70%reduced
PRKS UNITED PARKS & RESORTS INCConsumer Cyclical0.2%$51.4m1.74m–new
CANADIAN PAC RY LTD no ticker–0.09%$19.9m161,1320.0%held

Exited since Q2 2013

12 rows
ISRG INTUITIVE SURGICAL INC3.0%$588m
RL RALPH LAUREN CORP2.3%$457m
NEWS CORP no ticker2.3%$448m
HERTZ GLOBAL HOLDINGS INC no ticker2.2%$430m
GRA1EUR GRACE W R & CO DEL NEW1.2%$241m
TMO THERMO FISHER SCIENTIFIC INC1.2%$234m
SBH SALLY BEAUTY HLDGS INC1.2%$233m
JBHT HUNT J B TRANS SVCS INC1.0%$205m
TRIP TRIPADVISOR INC0.6%$121m
AIRGAS INC no ticker0.4%$86.2m
WBC1EUR WABCO HLDGS INC0.4%$78.1m
ISOFTSTONE HLDGS LTD no ticker0.02%$4.5m

Sector mix

  • Unclassified47.6%
  • Consumer Cyclical11.9%
  • Technology11.8%
  • Financial Services7.5%
  • Consumer Defensive6.7%
  • Communication Services5.7%
  • Energy3.0%
  • Healthcare2.3%
  • Real Estate1.9%
  • Industrials1.7%

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