管理人记录 · ✦ 精选 · 已归档季度
Lone Pine Capital
Founded by Stephen Mandel · Greenwich, CT · CIK 1061165 · EDGAR 文件 ↗
Growth-oriented long/short equity.
$11.58B13F报告持仓市值
24持仓明细
61.0%前十大权重
18.90有效持仓
13.4%预计换手率
+4新增
−12清仓
申报的13F投资组合价值仅涵盖美国应申报多头仓位，不含现金、债券、空头仓位或非美国持仓，不等同于管理规模。
板块敞口
科技
33.5% (-0.1pp)
可选消费
25.9% (+9.9pp)
金融服务
16.9% (+1.1pp)
通信服务
8.9% (-3.0pp)
公用事业
6.6% (-3.4pp)
必选消费
4.2% (-1.6pp)
医疗保健
4.0% (-0.5pp)
占已申报普通股权益价值的比例；（±pp）较上一季度。
持仓组合 · Q1 2025
| # | 证券 | 权重 | 价值 | 股份 | Δ股份 | 持有 | |
|---|---|---|---|---|---|---|---|
| 1 | META Meta Platforms, Inc. | 8.9% | $1.01B | 1.76M | -13.7% | ▼ Trim | 4 |
| 2 | INTU Intuit Inc. | 7.6% | $861.92M | 1.40M | +21.4% | ▲ Add | 4 |
| 3 | AMZN Amazon.com, Inc. | 7.3% | $828.15M | 4.35M | +14.9% | ▲ Add | 4 |
| 4 | MSFT Microsoft Corporation | 6.4% | $735.89M | 1.96M | +19.6% | ▲ Add | 4 |
| 5 | SBUX Starbucks Corporation | 5.7% | $648.17M | 6.61M | +2.0% | ▲ Add | 3 |
| 6 | TSM Taiwan Semiconductor… | 5.6% | $641.65M | 3.87M | +2.8% | ▲ Add | 4 |
| 7 | LPLA LPL Financial Holdings Inc. | 5.1% | $577.08M | 1.76M | -8.3% | ▼ Trim | 4 |
| 8 | COF Capital One Financial… | 5.0% | $569.48M | 3.18M | -1.8% | ▼ Trim | 2 |
| 9 | KKR KKR & Co. Inc. | 4.8% | $550.74M | 4.76M | +17.7% | ▲ Add | 4 |
| 10 | VST Vistra Corp. | 4.7% | $540.79M | 4.60M | -14.0% | ▼ Trim | 4 |
| 11 | FLTR.L Flutter Entertainment plc | 4.3% | $491.82M | 2.22M | +16.1% | ▲ Add | 2 |
| 12 | CVNA Carvana Co. | 4.2% | $483.85M | 2.31M | 新增 | New | 1 |
| 13 | PM Philip Morris International… | 4.2% | $477.55M | 3.01M | -53.5% | ▼ Trim | 4 |
| 14 | CRM Salesforce, Inc. | 4.1% | $464.71M | 1.73M | +10.6% | ▲ Add | 3 |
| 15 | LLY Eli Lilly and Company | 4.0% | $455.76M | 551.83K | -29.5% | ▼ Trim | 2 |
| 16 | APP AppLovin Corporation | 3.7% | $422.34M | 1.59M | +46.9% | ▲ Add | 4 |
| 17 | TOL Toll Brothers, Inc. | 3.5% | $401.30M | 3.80M | 新增 | New | 1 |
| 18 | ASML ASML Holding N.V. | 3.4% | $385.93M | 582.43K | +31.8% | ▲ Add | 4 |
| 19 | CDNS Cadence Design Systems, Inc. | 2.7% | $309.87M | 1.22M | 新增 | New | 1 |
| 20 | ARES Ares Management Corporation | 2.1% | $235.23M | 1.60M | -4.3% | ▼ Trim | 4 |
| 21 | TLN Talen Energy Corporation | 1.9% | $217.52M | 1.09M | 0.0% | Held | 3 |
| 22 | WING Wingstop Inc. | 0.9% | $101.30M | 449.06K | 新增 | New | 1 |
仅含普通股（SH）持仓；期权行显示于"期权"标签页，且不作净额处理。✂ = 变动基于拆股调整后的前期持股数计算。"持有 N+ 季度"= 在我们的数据窗口内每季度均有持仓，实际持有时间可能更长。
| 证券 | 股份 | 上期 | 变动 | 价值 | 权重 | 连续记录 |
|---|---|---|---|---|---|---|
| CVNA Carvana Co. | 2.31M | n/a | 新增 | $483.85M | 4.2% | |
| TOL Toll Brothers, Inc. | 3.80M | n/a | 新增 | $401.30M | 3.5% | |
| CDNS Cadence Design Systems… | 1.22M | n/a | 新增 | $309.87M | 2.7% | |
| WING Wingstop Inc. | 449.06K | n/a | 新增 | $101.30M | 0.9% |
| 证券 | 股份 | 上期 | 变动 | 价值 | 权重 | 连续记录 |
|---|---|---|---|---|---|---|
| INTU Intuit Inc. | 1.40M | 1.16M | +21.4% | $861.92M | 7.6% | ●●●○○○ |
| AMZN Amazon.com, Inc. | 4.35M | 3.79M | +14.9% | $828.15M | 7.3% | |
| TSM Taiwan Semiconductor… | 3.87M | 3.76M | +2.8% | $641.65M | 5.6% | |
| MSFT Microsoft Corporation | 1.96M | 1.64M | +19.6% | $735.89M | 6.4% | |
| SBUX Starbucks Corporation | 6.61M | 6.48M | +2.0% | $648.17M | 5.7% | ●●●○○○ |
| KKR KKR & Co. Inc. | 4.76M | 4.05M | +17.7% | $550.74M | 4.8% | |
| CRM Salesforce, Inc. | 1.73M | 1.57M | +10.6% | $464.71M | 4.1% | |
| FLTR.L Flutter Entertainment… | 2.22M | 1.91M | +16.1% | $491.82M | 4.3% | ●●○○○○ |
| APP AppLovin Corporation | 1.59M | 1.09M | +46.9% | $422.34M | 3.7% | |
| ASML ASML Holding N.V. | 582.43K | 441.77K | +31.8% | $385.93M | 3.4% |
| 证券 | 股份 | 上期 | 变动 | 价值 | 权重 | 连续记录 |
|---|---|---|---|---|---|---|
| META Meta Platforms, Inc. | 1.76M | 2.04M | -13.7% | $1.01B | 8.9% | |
| PM Philip Morris… | 3.01M | 6.47M | -53.5% | $477.55M | 4.2% | |
| VST Vistra Corp. | 4.60M | 5.35M | -14.0% | $540.79M | 4.7% | ●●●○○○ |
| LPLA LPL Financial Holdings… | 1.76M | 1.92M | -8.3% | $577.08M | 5.1% | ●●○○○○ |
| LLY Eli Lilly and Company | 551.83K | 782.86K | -29.5% | $455.76M | 4.0% | |
| COF Capital One Financial… | 3.18M | 3.24M | -1.8% | $569.48M | 5.0% | |
| ARES Ares Management… | 1.60M | 1.68M | -4.3% | $235.23M | 2.1% | ●●○○○○ |
| 证券 | 股份 | 上期 | 变动 | 价值 | 权重 | 连续记录 |
|---|---|---|---|---|---|---|
| PTC PTC Inc. | n/a | 2.33M | 退出 | $427.72M | 3.2% | |
| SPOT Spotify Technology S.A. | n/a | 913.56K | 退出 | $408.71M | 3.0% | |
| WDAY Workday, Inc. | n/a | 1.54M | 退出 | $398.26M | 3.0% | |
| CEG Constellation Energy… | n/a | 1.74M | 退出 | $388.70M | 2.9% | |
| HWM Howmet Aerospace Inc. | n/a | 3.06M | 退出 | $334.86M | 2.5% | |
| XYZ Block, Inc. | n/a | 3.77M | 退出 | $320.05M | 2.4% | |
| LEN Lennar Corporation | n/a | 1.72M | 退出 | $234.27M | 1.7% | |
| BTDR Bitdeer Technologies… | n/a | 986.72K | 退出 | $21.38M | 0.2% | |
| HUT Hut 8 Corp. | n/a | 692.84K | 退出 | $14.20M | 0.1% | |
| CIFR Cipher Mining Inc. | n/a | 2.34M | 退出 | $10.88M | 0.1% | |
| WULF TeraWulf Inc. | n/a | 1.48M | 退出 | $8.38M | 0.1% | |
| IREN IREN Limited | n/a | 711.84K | 退出 | $6.99M | 0.1% |
持仓持有时长
40–1 季度
182–4 季度
当前各持仓在我们数据窗口内已连续报告的季度数。
相似管理人
| 管理人 | 共同持仓 | 名称重叠 | 加权相似度 | |
|---|---|---|---|---|
| Wcm Investment Management, Llc | 24 | 8.7% | 0.3835 | 对比 ⇄ |
| Point72 Asset Management | 26 | 1.4% | 0.2224 | 对比 ⇄ |
| Parnassus Investments, Llc | 10 | 6.3% | 0.1555 | 对比 ⇄ |
| Coatue Management | 10 | 11.2% | 0.1425 | 对比 ⇄ |
| Capital Research Global Investors | 18 | 4.2% | 0.1246 | 对比 ⇄ |
| Third Point | 9 | 13.9% | 0.1243 | 对比 ⇄ |
| Alkeon Capital Management Llc | 7 | 6.6% | 0.1236 | 对比 ⇄ |
| Soros Fund Management | 9 | 3.5% | 0.1163 | 对比 ⇄ |
仅基于已申报多头仓位的相似度分析，对冲头寸及非13F资产不可见。 方法论
申报记录
Aug 14 2026
13F-HR · 期间 Q2 2026
$16.36B · 34 持仓条目数 · 查看 SEC 原始申报文件 ↗
May 15 2026
13F-HR · 期间 Q1 2026
$12.54B · 36 持仓条目数 · 查看 SEC 原始申报文件 ↗
Feb 17 2026
13F-HR · 期间 Q4 2025
$13.61B · 32 持仓条目数 · 查看 SEC 原始申报文件 ↗
Nov 14 2025
13F-HR · 期间 Q3 2025
$13.74B · 25 持仓条目数 · 查看 SEC 原始申报文件 ↗
Aug 14 2025
13F-HR · 期间 Q2 2025
$14.05B · 24 持仓条目数 · 查看 SEC 原始申报文件 ↗
May 15 2025
13F-HR · 期间 Q1 2025
$11.58B · 24 持仓条目数 · 查看 SEC 原始申报文件 ↗
Feb 14 2025
13F-HR · 期间 Q4 2024
$13.47B · 30 持仓条目数 · 查看 SEC 原始申报文件 ↗
Nov 14 2024
13F-HR · 期间 Q3 2024
$13.41B · 29 持仓条目数 · 查看 SEC 原始申报文件 ↗
Aug 14 2024
13F-HR · 期间 Q2 2024
$12.33B · 24 持仓条目数 · 查看 SEC 原始申报文件 ↗
数据来源: 本管理人 13F 信息表（SEC EDGAR）中解析的全部持仓；数值按申报原值列示，单位为美元整数。变动比较各季度最新已接受版本（含修正案），股份数量已按拆股调整。
报告期: Q1 2025 · 最新申报文件 Aug 14, 2026 ·
变动方法论