Stephen Mandel · quarter digest
What Stephen Mandel did in Q1 2025
Lone Pine Capital filed 29 moves in Q1 2025: 4 new, 8 add, 5 trim, 12 exit.
13F filed 2025-05-15. Manager quality score: q9. Philosophy: Long-only growth at a reasonable price. Deep research. Tiger Cub.
New positions · 4
Fresh money
CVNACARVANA CO
NEW·4.9% book·−11
TOLTOLL BROTHERS INC
NEW·3.5% book·−2
CDNSCADENCE DESIGN SYSTEM INC
NEW·2.7% book·−12
WINGWINGSTOP INC
NEW·0.9% book·−11
Adds · 8
Adding to conviction
INTUINTUIT
ADD +21%·7.4% book·−21
AMZNAMAZON COM INC
ADD +15%·7.2% book·−6
MSFTMICROSOFT CORP
ADD +20%·6.4% book·−17
KKRKKR & CO INC
ADD +18%·4.8% book·−13
APPAPPLOVIN CORP
ADD +76%·4.4% book·−8
FLUTFLUTTER ENTMT PLC
ADD +16%·4.2% book·−7
CRMSALESFORCE INC
ADD +11%·4.0% book·−6
ASMLASML HOLDING N V
ADD +32%·3.3% book·+9
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Remove with Pro →Trims · 5
Taking chips off
Exits · 12
Closed positions
PTCPTC INC
EXIT·0.0% book·−6
SPOTSPOTIFY TECHNOLOGY S A
EXIT·0.0% book·−5
WDAYWORKDAY INC
EXIT·0.0% book·−36
CEGCONSTELLATION ENERGY CORP
EXIT·0.0% book·−15
HWMHOWMET AEROSPACE INC
EXIT·0.0% book·−4
XYZBLOCK INC
EXIT·0.0% book·−15
LENLENNAR CORP
EXIT·0.0% book·+13
BTDRBITDEER TECHNOLOGIES GROUP
EXIT·0.0% book·+2
CIFRCIPHER MINING INC
EXIT·0.0% book·−8
HUTHUT 8 CORP
EXIT·0.0% book·−7
IRENIREN LIMITED
EXIT·0.0% book·+1
WULFTERAWULF INC
EXIT·0.0% book·+1
Current top holdings
Stephen Mandel’s book, latest snapshot
Other quarters for Stephen Mandel
Not investment advice. Data from 13F filings with HoldLens parsing. Methodology.
Deep dive
Reading for your research
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