See how we calculate 13F filing performance here. While the company remains highly unprofitable, investors appreciate its massive growth, currently trading shares near all-time highs. Lone Pine announced that Mandel officially stepped down as portfolio manager on Jan. 1, 2019. As a result, the tremendous earnings growth of these stocks has more than offset their initial rich valuation. Please. It doubled its stake in 2018 and raised it by another ~11% in the most recent quarter. Search. Lone Pine Capital Holdings Heatmap . As a result, while the company was considered mature until a few years ago, it has managed to accelerate its growth and post all-time high earnings in the last two years. Lone Pine Capital was a net buyer of stock by $1.4B. 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. Amazon benefits from a strong secular trend, namely the increasing preference of consumers to shop online instead of visiting a store. New Delhi, Dec 21: Merchant commerce platform Pine Labs on Monday said it has raised a fresh round of funding from Lone Pine Capital, valuing it at over USD 2 billion (about Rs 14,700 crore). Companies in the Lone Pine Capital portfolio … LPC invests globally across a variety of industries. See David Francis Craver's compensation, career history, education, & memberships. We are a private Foundation supporting organizations that fight poverty through education while cultivating a spirit of philanthropy at Lone Pine Capital LLC. Updated on December 11th, 2020 by Nikos Sismanis. Period: Q3 2020. Lone Pine has been accumulating stock around $160/share, which means that the company has profited quite nicely at its current price of $193, considering it initiated its first position as recently as last year. Top 50 Lone Pine Capital Holdings . By clicking the button below, your credit card will be charged $24 and you'll have access to all Lone Pine Capital LLC data for 90 days. Lone Pine Capital continued to build out its portfolio concentrated in e-commerce and technology bets in the third quarter. In terms of its valuation the stock is currently trading at around 80 times its underlying net income. Merchant commerce platform Pine Labs on Monday said it has raised a fresh round of funding from Lone Pine Capital, valuing it at over USD 2 billion (about Rs … Under no circumstances does any information posted on stockzoa.com represent a recommendation to purchase or sell a stock. Lone Pine Capital 13F annual report Lone Pine Capital is an investment fund managing more than $19.5 billion ran by Kerry Tyler. Shopify is the second-largest holding of Lone Pine Capital, comprising 6.9% of the value of its portfolio. It has grown its earnings every single year in the last decade and thus it has more than quadrupled its earnings per share over this period. Shopify provides a cloud-based commerce platform, which enables merchants to adapt to the e-commerce era. Activity. TopFunds. The diversified portfolio of tech products and services of Microsoft has been ruling the sector’s digital infrastructure. The top three positions are Shopify, Facebook, and Microsoft. Lone Pine Capital added DocuSign and Square while reducing Booking Holdings and dropping Salesforce.com. It is thus evident that the hedge fund considers the stock almost fully valued around its current price. 22/12/2020. * Investors with a full data subscription can access data for any fund. The diversified portfolio of tech products and services of Microsoft has been ruling the sector’s digital infrastructure. Lone Pine Capital: Steve Mandel: 10.28%: $23204860000: 32: Top Holdings Largest Trades Portfolio Structure Sector Allocation Performance History. 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%. Even better, the secular shift from brick-and-mortar retail to online sales has accelerated this year thanks to the pandemic. Founded in 1997, Lone Pine Capital is a Connecticut-based investment firm which picks up strategic stakes in companies across multiple sectors through equity deals. Portfolio date: 30 Sep 2020. Stocks. Lone Pine Capital In 2012, we entered into a long-term strategic partnership with Lone Pine Capital, a global alternative investment manager specializing in long/short equity products, and acquired a meaningful long-term minority interest in the business. Facebook is currently enjoying excellent financials, with a net cash position of $55.6 billion of cash (7% of the market capitalization of the stock). 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. Having previously exited a position in PayPal in the first quarter of 2019, the firm entered a … 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. Portfolio value: $23,204,860,000. Thanks to the favorable trends in its business, it is likely to keep growing its bottom line at a double-digit rate in the upcoming years. Would you like to be notified? While the pandemic is likely to subside from next year, the consumers who have recently shifted from conventional to online purchases are likely to adopt online shopping for the long run thanks to its advantages. 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. Their most recent diversity investment was on Jun 16, 2020, when Outreach raised $50M. Due to these purchases as well as other tech stock stake increases over the quarter, the fund’s Information Technology exposure has skyrocketed to nearly 40%. Netflix is Lone Pine’s 7th largest holding, as the fund increased its stake in the company by 40% quarter-over-quarter. charging the company with an illegal monopoly. All full time employees serve as equal voting members on our Advisory Board. Luckin Coffee. The company trimmed its position by around 7% during the quarter, possibly to book some gains out of its massive gains. The top 5 holdings of the stock portfolio comprise 31.8% of its total value. (This story is for CNBC Pro subscribers only.). It is thus evident that Lone Pine Capital has high conviction in its major holdings. Hence, unlike Coupa, shares are trading at around 30 times their next year’s expected net income. Lone Pine Capital's investment follows a strategic investment made by Mastercard in January 2020, when fintech startup Pine Labs attained unicorn status. The information on this site is in no way guaranteed for completeness, accuracy or in any other way. PayPal has been negatively affected by the pandemic, which has caused a collapse in the number of travelers around the world and thus in the payments of this segment. Facebook is one of the extremely few companies that have no debt. Lone Pine Capital is an American-based hedge fund headquartered in Greenwich, Connecticut. 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. The stock is trading at nearly 40 times its forward sales, making Coupa one of the most expensive stocks in the market. 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 … Amazon has net debt of $96.8 billion. The stake was initiated in 2017 at prices between $65 and $72 and the stock has essentially tripled since then. Past performance is a poor indicator of future performance. On the other hand, as its stock has rallied 6-fold over the last five years, it is now trading at an excessive forward price-to-earnings ratio of 59.0. 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