What Stephen Mandel Bought in Q2 2026
Lone Pine Capital · Quarterly 13F recap as filed with the SEC.
Period: 2026-06-30 · Filed
$16.36B
Total Value
34
Holdings
13
New Buys
12
Reduced
In Q2 2026, Stephen Mandel reported 34 long equity positions worth $16.36B in their Lone Pine Capital 13F filing, including 13 new positions (largest: NEBIUS GROUP N.V. at $1.18B) and 9 increased positions.
| Rank | Ticker | Company | Shares | Value | % Portfolio | Change |
|---|---|---|---|---|---|---|
| 1 | NBIS | NEBIUS GROUP N.V. | 4258008 | $1.18B | 7.19% | NEW |
| 2 | ASML | ASML HLDG NV | 569174 | $1.13B | 6.92% | -13.1% |
| 3 | STX | SEAGATE TECHNOLOGY HLDNGS PL | 1000109 | $965.1M | 5.90% | NEW |
| 4 | HD | HOME DEPOT INC | 2603189 | $918.1M | 5.61% | NEW |
| 5 | AMAT | APPLIED MATLS INC | 1207737 | $873.2M | 5.34% | NEW |
| 6 | MDLN | MEDLINE INC | 20968367 | $827.0M | 5.06% | +77.9% |
| 7 | LIN | LINDE PLC | 1558081 | $808.6M | 4.94% | NEW |
| 8 | TER | TERADYNE INC | 1493080 | $722.4M | 4.42% | -20.3% |
| 9 | GLW | CORNING INC | 2728058 | $696.8M | 4.26% | -26.6% |
| 10 | CVNA | CARVANA CO | 10520666 | $692.5M | 4.23% | 499.6% |
| 11 | HUT | HUT 8 CORP | 5773045 | $666.5M | 4.07% | -5.0% |
| 12 | PFGC | PERFORMANCE FOOD GROUP CO | 5852740 | $654.3M | 4.00% | +47.1% |
| 13 | NU | NU HLDGS LTD | 47219717 | $630.9M | 3.86% | +24.2% |
| 14 | WULF | TERAWULF INC | 24144625 | $596.4M | 3.65% | +21.2% |
| 15 | CRS | CARPENTER TECHNOLOGY CORP | 962839 | $593.9M | 3.63% | +-47.0% |
| 16 | MTZ | MASTEC INC | 1345157 | $559.7M | 3.42% | -12.1% |
| 17 | APP | APPLOVIN CORP | 1042268 | $537.0M | 3.28% | -28.9% |
| 18 | TTMI | TTM TECHNOLOGIES INC | 2738075 | $512.1M | 3.13% | NEW |
| 19 | STRL | STERLING INFRASTRUCTURE INC | 609643 | $511.7M | 3.13% | NEW |
| 20 | USFD | US FOODS HLDG CORP | 4914492 | $502.5M | 3.07% | +29.5% |
| 21 | ONON | ON HLDG AG | 13280030 | $470.4M | 2.88% | NEW |
| 22 | LPLA | LPL FINL HLDGS INC | 1219099 | $343.4M | 2.10% | -40.5% |
| 23 | AGX | ARGAN INC | 368673 | $294.4M | 1.80% | -6.2% |
| 24 | BTDR | BITDEER TECHNOLOGIES GROUP | 7020026 | $111.4M | 0.68% | NEW |
| 25 | SHAZW | SHARONAI HOLDINGS INC | 1209848 | $102.4M | 0.63% | NEW |
| 26 | GOOGL | ALPHABET INC | 215574 | $77.0M | 0.47% | +14.9% |
| 27 | KGS | KODIAK GAS SVCS INC | 845070 | $63.5M | 0.39% | NEW |
| 28 | V | VISA INC | 165960 | $56.9M | 0.35% | 78.9% |
| 29 | IBKR | INTERACTIVE BROKERS GROUP IN | 577666 | $50.3M | 0.31% | NEW |
| 30 | TSM | TAIWAN SEMICONDUCTOR MANUFAC | 101242 | $48.4M | 0.30% | -92.7% |
| 31 | SE | SEA LTD | 494581 | $47.4M | 0.29% | NEW |
| 32 | MCK | MCKESSON CORP | 57851 | $43.7M | 0.27% | +-85.3% |
| 33 | TDG | TRANSDIGM GROUP INC | 28532 | $38.0M | 0.23% | -20.0% |
| 34 | BN | BROOKFIELD CORP | 792717 | $33.8M | 0.21% | +-92.9% |