Lone Pine Capital 13F holdings, Q2 2025
Holdings as of June 30, 2025 · filings on SEC EDGAR · latest filing →
Lone Pine Capital disclosed 22 US equity positions worth $13.8bn in its Q2 2025 13F filing. The largest position was VST at 9.1% of the reported book, followed by META and AMZN. Against the Q1 2025 filing, it opened 5 new positions, added to 5 and reduced 11 among the top 22 holdings.
What did Lone Pine Capital own in Q2 2025? Top 22 positions
| # | Stock | Sector | Weight | Value | Shares | Δ shares | vs Q1 2025 |
|---|---|---|---|---|---|---|---|
| 1 | VST VISTRA CORP | Utilities | 9.1% | $1.3bn | 6,469,719 | 40% | added |
| 2 | META META PLATFORMS INC | Communication Services | 8.9% | $1.2bn | 1,665,017 | -5% | reduced |
| 3 | AMZN AMAZON COM INC | Consumer Cyclical | 8.0% | $1.1bn | 5,033,556 | 16% | added |
| 4 | MSFT MICROSOFT CORP | Technology | 6.7% | $922.6m | 1,854,856 | -5% | reduced |
| 5 | TSM TAIWAN SEMICONDUCTOR MFG LTD | Technology | 5.6% | $778.2m | 3,435,920 | -11% | reduced |
| 6 | LPLA LPL FINL HLDGS INC | Financial Services | 5.1% | $702.0m | 1,872,248 | 6% | added |
| 7 | KKR KKR & CO INC | Financial Services | 5.0% | $694.7m | 5,221,769 | 10% | added |
| 8 | COF CAPITAL ONE FINL CORP | Financial Services | 4.7% | $655.4m | 3,080,633 | -3% | reduced |
| 9 | INTU INTUIT | Technology | 4.4% | $607.8m | 771,666 | -45% | reduced |
| 10 | CVNA CARVANA CO | Consumer Cyclical | 4.3% | $594.8m | 1,765,291 | -24% | reduced |
| 11 | FLUTTER ENTMT PLC | 3.9% | $532.3m | 1,862,764 | -16% | reduced | |
| 12 | UNH UNITEDHEALTH GROUP INC | Healthcare | 3.8% | $528.3m | 1,693,347 | – | new |
| 13 | SBUX STARBUCKS CORP | Consumer Cyclical | 3.7% | $509.6m | 5,561,954 | -16% | reduced |
| 14 | CRM SALESFORCE INC | Technology | 3.7% | $508.1m | 1,863,179 | 8% | added |
| 15 | PM PHILIP MORRIS INTL INC | Consumer Defensive | 3.6% | $502.3m | 2,757,694 | -8% | reduced |
| 16 | ASML ASML HOLDING N V | Technology | 3.3% | $454.3m | 566,862 | -3% | reduced |
| 17 | APP APPLOVIN CORP | Communication Services | 3.2% | $441.6m | 1,261,334 | -21% | reduced |
| 18 | EQT EQT CORP | Energy | 3.2% | $438.5m | 7,518,227 | – | new |
| 19 | BN BROOKFIELD CORP | Financial Services | 2.5% | $347.7m | 5,621,385 | – | new |
| 20 | BKNG BOOKING HOLDINGS INC | Consumer Cyclical | 2.5% | $347.2m | 59,972 | – | new |
| 21 | WIX WIX COM LTD | Technology | 2.5% | $342.5m | 2,161,331 | – | new |
| 22 | TLN TALEN ENERGY CORP | Utilities | 2.3% | $316.8m | 1,089,380 | 0% | held |
Weights are shares of the reported long US equity book (options excluded). Values are as filed, normalised to whole dollars. Share changes compare against the immediately preceding filing only.