On the one hand, it is impressive that a stock with a market capitalization of $1.6 trillion, the second-largest in the stock market, still has strong growth momentum. Lone Pine Capital is an American-based hedge fund headquartered in Greenwich, Connecticut, established in 1997 by its president and portfolio manager, Stephen Mandel. There are currently 28 companies in Mrs. Tyler’s portfolio. Whalewisdom has at least 70 13F filings, and 317 13G filings Their last reported 13F filing for Q3 2020 included $23,204,860,000 in managed 13F securities and a top 10 holdings concentration of 53.75%. The streaming giant continues to expand, with its most recent quarter posting all-time high levels in both its top and bottom line, at $6.44 billion and $789 million respectively. The largest investments include Shopify and PayPal, together worth $2.87 billion. The stock has quadrupled since the initial purchase and is now hovering around an all-time high, thus vindicating the conviction of the hedge fund. Past performance is a poor indicator of future performance. While this may be a seemingly expensive multiple, Netflix’s profitably has been rapidly scaling amid margins’ expansion due to gradually achieving higher economies of scale. It doubled its stake in 2018 and raised it by another ~11% in the most recent quarter. New Delhi, Dec 21 (PTI) Merchant commerce platform Pine Labs on Monday said it has raised a fresh round of funding from Lone Pine Capital, valuing it … SEC 13F filings are viewable for Lone Pine Capital going back to 2004. In its latest quarter, the company achieved record revenues and profits of $5.46 and $1.02 billion, respectively. The outstanding performance has resulted from the management’s competency in identifying and investing in companies in the high-growth tech sector. The information on this site is in no way guaranteed for completeness, accuracy or in any other way. Although this is a relatively new stake, the stock has more than tripled since the initiation of the stake, now standing at $1067. Stephen Mandel - Lone Pine Capital. As this amount is only 6.0% of the market cap of the stock, it is essentially negligible and confirms the strength of the business model of Amazon. Even better, thanks to the immense growth potential of its business, it is likely to keep growing its revenues and its earnings at a breathtaking pace for several more years. Lone Pine Capital was a net buyer of stock by $1.4B. Portfolio. Lone Pine Capital has provided its services to pooled investment vehicles, pension and profit sharing plans. We are funded by the employees of Lone Pine Capital LLC. Please visit our Tracking Stephen Mandel's Lone Pine Capital Portfolio article for an idea on his investment philosophy and our previous update for the fund's moves during Q1 2020. Buys. Shares are also trading at an attractive P/E ratio of around 33, which is quite reasonably for a snowballing tech behemoth. Disclaimers: stockzoa.com is not operated by a broker, a dealer, or a registered investment adviser. Netflix is Lone Pine’s 7th largest holding, as the fund increased its stake in the company by 40% quarter-over-quarter. Amazon is the ninth largest holding of the portfolio of Loan Pine Capital, comprising 4.6% of its total value. This data is downloadable for data subscribers. Despite its solid performance and expanding margins, recent slowdown concerns have halted the stock’s prolonged rally. Period: Q3 2020. Lone Pine Capital’s top 10 holdings comprise 53.72% of its total portfolio and consist of the following equities: Lone Pine Capital initiated a stake in Facebook in 2014, at prices between $66 and $79. Activity. We thus view its forward price-to-earnings ratio of 21.0 as exceptionally attractive and expect the stock to continue to highly reward its shareholders. Steve Mandel’s Lone Pine Capital has not only been busy in only long positions today, but is also raising its short book in a very unusual place, Japan.Lone Pine has a 0.3% short in YAMADA DENKI CO., LTD. (TYO:9831) which is an electronics manufacturer that mainly includes home appliances. To provide a perspective, the stock is currently trading at 40 times its expected earnings in 2025. Javascript is disabled or is not supported by your browser. Lone Pine Capital's investment follows a strategic investment made by Mastercard in January 2020, when fintech startup Pine Labs attained unicorn status. The stake was initiated in 2017 at prices between $65 and $72 and the stock has essentially tripled since then. You can download an Excel spreadsheet with metrics that matter of Lone Pine Capital’s current 13F equity holdings below: Click Here to instantly download your Lone Pine Capital 13F stock holdings and performance spreadsheet now. That was the steepest revenue growth recorded in more than five years. Facebook is one of the extremely few companies that have no debt. The stake was initiated less than a year ago, in late 2019, at prices between $97 and $110, but the stock has nearly doubled within this short period. of stocks: 32. Lone Pine Capital continued to build out its portfolio concentrated in e-commerce and technology bets in the third quarter. Lone Pine announced that Mandel officially stepped down as portfolio manager on Jan. 1, 2019. Would you like to be notified? 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