Lone Pine Capital 13F annual report

Lone Pine Capital is an investment fund managing more than $12.3 trillion ran by Kerry Tyler. There are currently 24 companies in Mrs. Tyler’s portfolio. The largest investments include Taiwan Semiconductor Mfg Ltd and Microsoft, together worth $1.95 trillion.

$12.3 trillion Assets Under Management (AUM)

As of 7th August 2024, Lone Pine Capital’s top holding is 6,002,198 shares of Taiwan Semiconductor Mfg Ltd currently worth over $1.04 trillion and making up 8.5% of the portfolio value. In addition, the fund holds 2,020,205 shares of Microsoft worth $903 billion, whose value grew 1.1% in the past six months. The third-largest holding is Amazon.com worth $860 billion and the next is Meta Platforms Inc worth $703 billion, with 1,394,437 shares owned.

Currently, Lone Pine Capital's portfolio is worth at least $12.3 trillion. The total portfolio value may be much higher due to cash assets that are not publicly disclosed such as fixed income, real estate, or cash equivalents.

Careers at Lone Pine Capital

The Lone Pine Capital office and employees reside in Greenwich, Connecticut. According to the last 13-F report filed with the SEC, Kerry Tyler serves as the Managing Director, Chief Operating Officer at Lone Pine Capital.

Recent trades

In the most recent 13F filing, Lone Pine Capital revealed that it had opened a new position in Philip Morris International Inc and bought 6,671,129 shares worth $676 billion. This means they effectively own approximately 0.1% of the company. Philip Morris International Inc makes up 100.0% of the fund's Consumer Staples sector allocation and has grown its share price by 23.0% in the past year.

The investment fund also strengthened its position in Block Inc by buying 7,646,736 additional shares. This makes their stake in Block Inc total 7,670,523 shares worth $495 billion. Block Inc soared 5.4% in the past year.

On the other hand, there are companies that Lone Pine Capital is getting rid of from its portfolio. Lone Pine Capital closed its position in Workday Inc on 14th August 2024. It sold the previously owned 5,019,190 shares for $701 million. Kerry Tyler also disclosed a decreased stake in Taiwan Semiconductor Mfg Ltd by 0.3%. This leaves the value of the investment at $1.04 trillion and 6,002,198 shares.

One of the largest hedge funds

The two most similar investment funds to Lone Pine Capital are Sc Us (ttgp), Ltd and Pinebridge Investments, L.P.. They manage $12.3 trillion and $12.4 trillion respectively.

Kerry Tyler investment strategy

Lone Pine Capital’s portfolio is diversified across 8 sectors. Currently, their heaviest sector is Technology — making up 29.9% of the total portfolio value. The fund focuses on investments in the United States as 62.5% of the portfolio companies are based in the United States.

The majority of the companies in the fund’s portfolio are large-cap stocks. Stocks with a size of more than $10 billion in market cap make up 58% of the total holdings value. On the other hand, small-cap stocks make up only 4.2% of the portfolio. The average market cap of the portfolio companies is close to $239 billion.

The complete list of Lone Pine Capital trades based on 13F SEC filings

These positions were updated on August 14th based on the fund’s latest 13F filing. Quickly find out what the most recently closed or increased positions are.

Security	Shares Owned	Value	Allocation
Taiwan Semiconductor Mfg Ltd	32.82% 6,002,198	$1,043,242,034,000	8.46%
Microsoft Corporation	41.98% 2,020,205	$902,930,625,000	7.32%
Amazon.com Inc.	50.45% 4,448,280	$859,630,110,000	6.97%
Meta Platforms Inc	72.16% 1,394,437	$703,103,024,000	5.70%
Philip Morris International Inc	Opened 6,671,129	$675,985,502,000	5.48%
KKR & Co. Inc	Opened 6,385,506	$672,010,651,000	5.45%
Asml Holding N V	Opened 587,891	$601,253,762,000	4.88%
Intuit Inc	Opened 902,450	$593,099,165,000	4.81%
Vistra Corp	Opened 6,838,007	$587,931,842,000	4.77%
Spotify Technology S.A.	Opened 1,687,415	$529,493,953,000	4.29%
Block Inc	32,146.70% 7,670,523	$494,672,028,000	4.01%
Unitedhealth Group Inc	17.99% 944,317	$480,902,875,000	3.90%
Applovin Corp	Opened 5,702,438	$474,556,890,000	3.85%
Lpl Finl Hldgs Inc	26.39% 1,685,070	$470,640,051,000	3.82%
PTC Inc	Opened 2,548,199	$462,931,312,000	3.75%
Mastercard Incorporated	32.45% 1,043,557	$460,375,606,000	3.73%
Bath & Body Works Inc	49.08% 11,315,515	$441,870,861,000	3.58%
Booking Holdings Inc	55.65% 105,177	$416,658,686,000	3.38%
Mckesson Corporation	Opened 560,936	$327,609,061,000	2.66%
Constellation Energy Corp	Opened 1,604,953	$321,423,937,000	2.61%
Howmet Aerospace Inc.	Opened 3,665,321	$284,538,869,000	2.31%
Ge Vernova Inc	Opened 1,477,008	$253,321,642,000	2.05%
Ares Management Corp	Opened 1,574,763	$209,884,413,000	1.70%
Avidxchange Holdings Inc	0.05% 5,078,341	$61,244,792,000	0.50%
Workday Inc	Closed 5,019,190	$700,579,000
ServiceNow Inc	Closed 1,292,399	$614,562,000
Thermo Fisher Scientific Inc.	Closed 932,292	$506,496,000
Visa Inc	Closed 2,161,028	$425,485,000
Dicks Sporting Goods, Inc.	Closed 5,015,154	$377,992,000
RH	Closed 1,773,069	$376,352,000
Alphabet Inc	Closed 171,991	$374,813,000
Epam Sys Inc	Closed 1,266,683	$373,393,000
Atlassian Corp Plc	Closed 1,619,172	$303,433,000
PayPal Holdings Inc	Closed 4,289,025	$299,546,000
EQT Corp	Closed 6,352,146	$218,514,000
Marqeta Inc	Closed 16,609,826	$134,706,000
First Ctzns Bancshares Inc N	Closed 91,634	$59,908,000
Sweetgreen, Inc.	Closed 4,556,503	$53,083,000
Fair Isaac Corp.	Closed 42,616	$17,085,000
Vtex	Closed 5,274,887	$16,247,000
Grove Collaborative Hold Inc	Closed 500,000	$2,315,000
Shopify Inc	Closed 25,000	$781,000
No transactions found
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