13F filing recap · Q1 2009

What did Lone Pine Capital buy in Q1 2009?

Reported stock-position changes between this filing and the previous one.

Stock value

$6.32B

Positions

Estimated turnover

56.9%

Turnover is a proxy: verified trade-origin share changes valued at period-end and divided by average reported stock value. SEC holdings reports do not disclose execution dates or prices. Corporate actions and unreconciled activity are excluded.

New positions

PMPhilip Morris International Inc.$358.66Mreported value+10.08M shares MHSMedco Health Solutions Inc$245.96Mreported value+5.95M shares PEPPepsico, Inc.$184.59Mreported value+3.59M shares APOLApollo Education Group, Inc.$147.96Mreported value+1.89M shares STRAStrategic Education, Inc.$141.23Mreported value+785.2K shares URBNUrban Outfitters, Inc.$124.39Mreported value+7.60M shares KOCoca Cola Co$123.90Mreported value+2.82M shares CTRPTrip.com Group Limited$97.21Mreported value+3.55M shares SLMSlm Corp$69.55Mreported value+14.05M shares DECKDeckers Outdoor Corp$57.98Mreported value+1.09M shares MJNMead Johnson Nutrition Co$34.58Mreported value+1.20M shares VPRTVistaprint Ltd$7.09Mreported value+258.1K shares

Increased positions

VVisa Inc.$506.29Mreported value+670.4K shares+7.9%JPMJPMorgan Chase & Co$414.63Mreported value+3.26M shares+26.4%MONMonsanto Company$362.00Mreported value+126.0K shares+3.0%UNPUnion Pacific Corp$295.99Mreported value+314.4K shares

Reduced positions

QCOMQualcomm Inc/de$728.36Mreported value-1.55M shares-7.7%AMXNAmérica Móvil, S.a.b. De C.v.$504.81Mreported value-5.37M shares-22.4%MAMastercard Inc$352.10Mreported value-819.1K shares-28.0%GOOGLAlphabet Inc.$205.84Mreported value-252.6K shares

Exited positions

LOLORILLARD INC$205.09Mprior reported value-3.64M shares-100.0%TDCTeradata Corp /de/$148.41Mprior reported value-10.01M shares-100.0%SCHWSchwab Charles Corp$122.38Mprior reported value-7.57M shares-100.0%ANFAbercrombie & Fitch Co.$77.63Mprior reported value-3.36M shares