WhaleCreep

Lone Pine Capital LLC 13F holdings, Q4 2015

Hedge fundSEC filingsCompare with another fundHoldings as of 2015-12-31, filed 2016-02-16

Lone Pine Capital LLC disclosed 40 US equity positions worth $22.4bn in its Q4 2015 13F filing. Its largest position is MSFT at 6.7% of the reported book, followed by AMZN and PRICELINE GRP INC. Versus Q3 2015 it opened 8 new positions, added to 15, reduced 12 and exited 11.

$22.4bn
Reported equity book
Sum of the long US equity positions in the filing, at the values filed. Options are excluded.
40
Positions
Distinct securities in the equity book with a reported value above zero. Options are excluded.
6.7%
Largest position
The largest single position as a share of the reported equity book.
46.9%
Top 10 weight
The ten largest positions together, as a share of the reported equity book.
29
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 Q3 2015: 8 new, 15 added, 12 reduced, 11 exited

40 rows
MSFT MICROSOFT CORPTechnology6.7%$1.5bn27.26m+7.6%added
AMZN AMAZON COM INCConsumer Cyclical6.6%$1.5bn2.21m+14%added
PRICELINE GRP INC no ticker–4.7%$1.1bn834,421−16%reduced
META META PLATFORMS INCCommunication Services4.6%$1.0bn9.79m−8.6%reduced
DLTR DOLLAR TREE INCConsumer Defensive4.5%$1.0bn13.19m+157%added
V VISA INCFinancial Services4.4%$990m12.77m+31%added
FLT1EUR FLEETCOR TECHNOLOGIES INC–4.1%$920m6.43m0.0%held
JD JD.COM INCConsumer Cyclical3.9%$871m27.00m−38%reduced
CHARTER COMMUNICATIONS INC D no ticker–3.9%$866m4.73m−28%reduced
STZ CONSTELLATION BRANDS INCConsumer Defensive3.4%$762m5.35m+14%added
WMB WILLIAMS COS INCEnergy3.3%$744m28.94m+64%added
NKE NIKE INCConsumer Cyclical3.2%$719m11.50m+102%added
ILMN ILLUMINA INCHealthcare3.1%$693m3.61m0.0%held
ULTA ULTA BEAUTY INCConsumer Cyclical2.9%$662m3.58m+9.2%added
EQIX EQUINIX INCReal Estate2.8%$638m2.11m−20%reduced
MA MASTERCARD INCFinancial Services2.7%$599m6.15m−26%reduced
VALEANT PHARMACEUTICALS INTL no ticker–2.6%$593m5.83m−22%reduced
WBA WALGREENS BOOTS ALLIANCE INC–2.6%$578m6.79m0.0%held
TDG TRANSDIGM GROUP INCIndustrials2.2%$496m2.17m−2.0%reduced
LNG CHENIERE ENERGY INCEnergy2.1%$469m12.59m+2.9%added
EA ELECTRONIC ARTS INCCommunication Services2.0%$443m6.44m−27%reduced
ATVIEUR ACTIVISION BLIZZARD INC–1.9%$436m11.27m+21%added
NOC NORTHROP GRUMMAN CORPIndustrials1.8%$403m2.13m–new
ADBE ADOBE INCTechnology1.7%$377m4.01m−35%reduced
HDB HDFC BANK LTDFinancial Services1.6%$362m5.88m+9.9%added
MHK MOHAWK INDS INCConsumer Cyclical1.6%$357m1.89m−4.3%reduced
ADSK AUTODESK INCTechnology1.6%$349m5.73m–new
HORIZON PHARMA PLC no ticker–1.5%$338m15.60m0.0%held
LULU LULULEMON ATHLETICA INCConsumer Cyclical1.5%$333m6.35m–new
GOOGL ALPHABET INCCommunication Services1.4%$315m404,297–new
GOOG ALPHABET INCCommunication Services1.4%$313m412,616–new
PXDEUR PIONEER NAT RES CO–1.3%$300m2.40m–new
EXPRESS SCRIPTS HLDG CO no ticker–1.2%$279m3.19m–new
VMC VULCAN MATLS COBasic Materials1.2%$276m2.90m−9.4%reduced
HN9 HANESBRANDS INC–1.2%$275m9.34m+21%added
TAP MOLSON COORS BEVERAGE COConsumer Defensive1.0%$221m2.35m+21%added
BUD ANHEUSER BUSCH INBEV SA NVConsumer Defensive0.8%$186m1.49m–new
ANET ARISTA NETWORKS INCTechnology0.8%$169m2.18m0.0%held
DEO DIAGEO PLCConsumer Defensive0.0%$140k1,281+28%added
AXP AMERICAN EXPRESS COFinancial Services0.0%$89.0k1,281+28%added

Exited since Q3 2015

11 rows
ALLERGAN PLC no ticker3.2%$709m
DVA DAVITA INC2.6%$573m
SCHW SCHWAB CHARLES CORP1.7%$383m
SBAC SBA COMMUNICATIONS CORP1.3%$293m
MOBILEYE N V AMSTELVEEN no ticker1.3%$291m
ENDO INTL PLC no ticker1.2%$267m
FNF FIDELITY NATIONAL FINANCIAL1.0%$231m
EXPE EXPEDIA GROUP INC0.6%$129m
KSUEUR KANSAS CITY SOUTHERN0.6%$127m
GRA1EUR GRACE W R & CO DEL NEW0.6%$126m
HOUSEUR ANYWHERE REAL ESTATE INC0.2%$36.8m

Sector mix

  • Unclassified25.2%
  • Consumer Cyclical19.8%
  • Technology10.7%
  • Consumer Defensive9.8%
  • Communication Services9.3%
  • Financial Services8.7%
  • Energy5.4%
  • Industrials4.0%
  • Healthcare3.1%
  • Real Estate2.8%
  • Basic Materials1.2%

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