13F filing recap · Q4 2013

What did Lone Pine Capital buy in Q4 2013?

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

Stock value

$21.85B

Positions

Estimated turnover

44.5%

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

MSFTMicrosoft Corporation$953.02Mreported value+25.47M shares ICEIntercontinental Exchange, Inc.$494.69Mreported value+2.20M shares SBACSba Communications Corporation$490.22Mreported value+5.46M shares MHFIS&P Global Inc.$424.10Mreported value+5.42M shares ENDPEndo Health Solutions Inc$292.78Mreported value+4.34M shares TWWillis Towers Watson Plc$140.13Mreported value+1.10M shares LLLl Flooring Holdings Inc (fka Lumber Liquidators Holdings Inc)$50.92Mreported value+494.9K shares

Increased positions

DGDollar General Corp$1.14Breported value+1.22M shares+6.9%BIDUBaidu, Inc.$959.41Mreported value+104.3K shares+2.0%MAMastercard Inc$794.18Mreported value+250.0K shares+35.7%CCICrown Castle Inc.$761.27Mreported value+4.03M shares

Reduced positions

CTSHCognizant Technology Solutions Corporation$1.08Breported value-1.21M shares-10.2%PCLNBooking Holdings Inc$1.03Breported value-84.8K shares-8.7%VRXValeant Pharmaceuticals International, Inc.$910.61Mreported value-25.2K shares-0.3%QCOMQualcomm Inc/de$808.33Mreported value

Exited positions

EBAYEbay Inc.$609.44Mprior reported value-10.92M shares-100.0%EQIXEquinix Inc$397.99Mprior reported value-2.17M shares-100.0%KMIKinder Morgan, Inc.$388.19Mprior reported value-10.91M shares-100.0%GOOGLAlphabet Inc.$357.18Mprior reported value-407.8K shares