LONE PINE CAPITAL LLC

All Holdings — 2025 Q4

Portfolio Concentration Analytics: 7.6
Risk-based ENB:
Total Positions
39
Quarter
2025 Q4
Top Holding
TSM (6.8%)
Top 10 Concentration
51.8%
Turnover Rate
23.4%
Sector HHI
0.18
Items per page:
1-25 of 39
Stock History Sector / Type Port % Prev % Rank / Prev Conviction Change % Change Influence Shares Mkt Value Avg Cost Price Held 1st Owned Source Source Date Date Reported
TSM
TAIWAN SEMICOND...
Technology 6.81% 6.20% #1 2
Prev: #3
2.7 no change no change
P
S
3,052,400 $927,593,836 2018 Q1 13F Filing 2025-12-31 2026-02-14 (Est.)
VST
VISTRA CORP
Utilities 6.18% 6.70% #2
Prev: #2
4.5 512,644 10.9%
P
S
5,211,885 $840,833,407 2024 Q1 13F Filing 2025-12-31 2026-02-14 (Est.)
CVNA
CARVANA CO
Consumer Cyclical 5.52% 4.85% #3 5
Prev: #8
4.2 14,037 0.8%
P
S
1,779,328 $750,912,003 2019 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
LPLA
LPL FINL HLDGS ...
Financial Services 5.44% 5.46% #4 1
Prev: #5
2.2 -180,766 -8.0%
P
S
2,074,948 $741,109,177 2014 Q1 13F Filing 2025-12-31 2026-02-14 (Est.)
BN
BROOKFIELD CORP
Financial Services 5.37% 5.08% #5 2
Prev: #7
4.3 5,742,012 56.4%
P
S
15,923,360 $730,722,990 2025 Q2 13F Filing 2025-12-31 2026-02-14 (Est.)
ASML
ASML HOLDING N ...
Technology 4.76% #6
Prev: #—
3.9 605,017 no change
NEW
605,017 $647,283,488 2013 Q2 13F Filing 2025-12-31 2026-02-14 (Est.)
KKR
KKR & CO INC
Financial Services 4.68% 3.86% #7 5
Prev: #12
3.9 920,524 22.6%
P
S
5,001,085 $637,538,316 2023 Q1 13F Filing 2025-12-31 2026-02-14 (Est.)
AVGO
BROADCOM INC
Technology 4.40% 3.72% #8 5
Prev: #13
3.8 180,804 11.7%
P
S
1,730,216 $598,827,758 2016 Q3 13F Filing 2025-12-31 2026-02-14 (Est.)
MSFT
MICROSOFT CORP
Technology 4.38% 4.56% #9
Prev: #9
3.8 25,520 2.1%
P
S
1,234,125 $596,847,533 2004 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
DASH
DOORDASH INC
Consumer Cyclical 4.21% #10
Prev: #—
3.7 2,529,879 no change
NEW
2,529,879 $572,966,996 2020 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
AMZN
AMAZON COM INC
Consumer Cyclical 4.09% 4.49% #11 1
Prev: #10
1.7 -397,408 -14.1%
P
S
2,414,520 $557,319,506 2008 Q2 13F Filing 2025-12-31 2026-02-14 (Est.)
COF
CAPITAL ONE FIN...
Financial Services 4.09% 3.97% #12 1
Prev: #11
1.7 -274,600 -10.7%
P
S
2,294,891 $556,189,783 2004 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
APP
APPLOVIN CORP
Communication Services 3.86% 5.80% #13 9
Prev: #4
1.6 -328,608 -29.6%
P
S
780,530 $525,936,725 2024 Q1 13F Filing 2025-12-31 2026-02-14 (Est.)
NU
NU HLDGS LTD
Financial Services 3.64% 2.96% #14 5
Prev: #19
3.5 4,223,788 16.6%
P
S
29,630,237 $496,010,167 2025 Q3 13F Filing 2025-12-31 2026-02-14 (Est.)
MDLN
MEDLINE INC
Healthcare 3.62% #15
Prev: #—
3.4 11,716,697 no change
NEW
11,716,697 $492,101,274 2025 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
TLN
TALEN ENERGY CO...
Utilities 3.56% 3.69% #16 2
Prev: #14
3.4 100,000 8.4%
P
S
1,292,516 $484,486,697 2024 Q3 13F Filing 2025-12-31 2026-02-14 (Est.)
VMC
VULCAN MATLS CO
Basic Materials 3.53% 3.10% #17 1
Prev: #18
3.5 299,308 21.6%
P
S
1,683,932 $480,291,085 2006 Q3 13F Filing 2025-12-31 2026-02-14 (Est.)
PM
PHILIP MORRIS I...
Consumer Defensive 3.12% 5.45% #18 12
Prev: #6
1.4 -1,970,864 -42.7%
P
S
2,643,579 $424,030,072 2009 Q1 13F Filing 2025-12-31 2026-02-14 (Est.)
CRS
CARPENTER TECHN...
Industrials 3.04% #19
Prev: #—
3.2 1,312,938 no change
NEW
1,312,938 $413,365,400 2025 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
WING
WINGSTOP INC
Consumer Cyclical 2.80% 2.73% #20
Prev: #20
3.1 104,013 7.0%
P
S
1,595,258 $380,453,080 2025 Q1 13F Filing 2025-12-31 2026-02-14 (Est.)
APH
AMPHENOL CORP N...
Technology 2.79% 2.72% #21
Prev: #21
1.1 -213,458 -7.1%
P
S
2,809,773 $379,712,723 2010 Q1 13F Filing 2025-12-31 2026-02-14 (Est.)
THC
TENET HEALTHCAR...
Healthcare 2.61% #22
Prev: #—
3.0 1,787,326 no change
NEW
1,787,326 $355,177,423 2025 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
CLH
CLEAN HARBORS I...
Industrials 2.37% #23
Prev: #—
2.9 1,378,125 no change
NEW
1,378,125 $323,142,750 2025 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
AFRM
AFFIRM HLDGS IN...
Financial Services 2.09% #24
Prev: #—
2.8 3,817,170 no change
NEW
3,817,170 $284,111,963 2025 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
ENTG
ENTEGRIS INC
Technology 1.89% #25
Prev: #—
2.8 3,054,230 no change
NEW
3,054,230 $257,318,878 2025 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
META
META PLATFORMS ...
Communication Services 0.00% 7.07%
Sold All 😨
(Was: #1)
0.3 -1,322,260 -100.0%
CLOSED
$— 2012 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
SBUX
STARBUCKS CORP
Consumer Cyclical 0.00% 3.42%
Sold All 😨
(Was: #15)
0.3 -5,561,954 -100.0%
CLOSED
$— 2006 Q3 13F Filing 2025-12-31 2026-02-14 (Est.)
EQT
EQT CORP
Energy 0.00% 3.31%
Sold All 😨
(Was: #16)
0.3 -8,361,889 -100.0%
CLOSED
$— 2022 Q2 13F Filing 2025-12-31 2026-02-14 (Est.)
FLUT
FLUTTER ENTMT P...
Consumer Cyclical 0.00% 3.20%
Sold All 😨
(Was: #17)
0.3 -1,733,336 -100.0%
CLOSED
$— 2024 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
SE
SEA LTD
Consumer Cyclical 0.00% 2.43%
Sold All 😨
(Was: #22)
0.3 -1,869,501 -100.0%
CLOSED
$— 2017 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
CIEN
CIENA CORP
Technology 0.00% 2.13%
Sold All 😨
(Was: #23)
0.3 -2,006,662 -100.0%
CLOSED
$— 2025 Q3 13F Filing 2025-12-31 2026-02-14 (Est.)
ETSY
ETSY INC
Consumer Cyclical 0.00% 1.87%
Sold All 😨
(Was: #24)
0.3 -3,880,316 -100.0%
CLOSED
$— 2025 Q3 13F Filing 2025-12-31 2026-02-14 (Est.)
Showing 1-25 of 39 holdings

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