Stephen Mandel — Portfolio & Holdings
Stephen Mandel of Lone Pine Capital manages $16.36B across 34 reported positions as of Q2 2026, according to Nexqual.
Key Facts
| Investor | Stephen Mandel |
|---|---|
| Firm | Lone Pine Capital |
| Assets Under Management (13F) | $16.36B |
| Number of Positions | 34 |
| Reporting Period | Q2 2026 |
Top Holdings
Stephen Mandel's largest reported holdings: NBIS, ASML, HD, AMAT, MDLN, LIN, TER, GLW, CVNA, HUT.
All 33 Holdings (Q2 2026)
| # | Symbol | Company | % of portfolio | Value | Change vs prior quarter |
|---|---|---|---|---|---|
| 1 | NBIS | Nebius Group N.V. | 7.19% | $1.18B | New position |
| 2 | ASML | Asml Holding NV | 6.92% | $1.13B | Reduced 13.12% |
| 4 | HD | Home Depot | 5.61% | $918M | New position |
| 5 | AMAT | Applied Materials | 5.34% | $873M | New position |
| 6 | MDLN | Medline Inc. | 5.06% | $827M | Added 77.86% |
| 7 | LIN | Linde | 4.94% | $809M | New position |
| 8 | TER | Teradyne | 4.42% | $722M | Reduced 20.28% |
| 9 | GLW | Corning | 4.26% | $697M | Reduced 26.63% |
| 10 | CVNA | Carvana | 4.23% | $692M | Added 499.57% |
| 11 | HUT | Hut 8 Corp. | 4.07% | $666M | Reduced 5.03% |
| 12 | PFGC | Performance Food Group Co | 4.00% | $654M | Added 47.12% |
| 13 | NU | Nu Holdings Ltd. | 3.86% | $631M | Added 24.23% |
| 14 | WULF | Terawulf | 3.65% | $596M | Added 21.20% |
| 15 | CRS | Carpenter Technology | 3.63% | $594M | Reduced 47.04% |
| 16 | MTZ | Mastec | 3.42% | $560M | Reduced 12.14% |
| 17 | APP | AppLovin Corp | 3.28% | $537M | Reduced 28.85% |
| 18 | TTMI | TTM Technologies | 3.13% | $512M | New position |
| 19 | STRL | Sterling Infrastructure | 3.13% | $512M | New position |
| 20 | USFD | US Foods Holding Corp. | 3.07% | $503M | Added 29.47% |
| 21 | ONON | On Holding AG | 2.88% | $470M | New position |
| 22 | LPLA | LPL Financial Holdings Inc. | 2.10% | $343M | Reduced 40.53% |
| 23 | AGX | Argan | 1.80% | $294M | Reduced 6.22% |
| 24 | BTDR | Bitdeer Technologies Group | 0.68% | $111M | New position |
| 25 | SHAZ | SharonAI Holdings Inc. | 0.63% | $102M | New position |
| 26 | GOOGL | Alphabet Inc. | 0.47% | $77.0M | Added 14.94% |
| 27 | KGS | Kodiak Gas Services, Inc. | 0.39% | $63.5M | New position |
| 28 | V | Visa | 0.35% | $56.9M | Added 78.88% |
| 29 | IBKR | Interactive Brokers Group, Inc. | 0.31% | $50.3M | New position |
| 30 | TSM | Taiwan Semiconductor Manufacturing | 0.30% | $48.4M | Reduced 92.71% |
| 31 | SE | Sea Ltd | 0.29% | $47.4M | New position |
| 32 | MCK | Mckesson | 0.27% | $43.7M | Reduced 85.25% |
| 33 | TDG | TransDigm Group INC | 0.23% | $38.0M | Reduced 20.03% |
| 34 | BN | BROOKFIELD Corp | 0.21% | $33.8M | Reduced 92.93% |
Source: Compiled by Nexqual from public SEC 13F filings, October 23, 2026 at 08:40 UTC. Holdings reflect the most recent quarterly filing and may not represent the current portfolio.
Data source: Nexqual. Last updated: October 23, 2026 at 08:40 UTC. This page is informational and not investment advice.
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