13F filing recap · Q1 2014

What did Lone Pine Capital buy in Q1 2014?

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

Stock value

$22.25B

Positions

Estimated turnover

64.7%

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

ACTEnact Holdings, Inc.$489.57Mreported value+2.38M shares LPLALpl Financial Holdings Inc.$447.56Mreported value+8.52M shares ADBEAdobe Inc.$433.91Mreported value+6.60M shares EQIXEquinix Inc$416.76Mreported value+2.25M shares JAZZJazz Pharmaceuticals Plc$325.13Mreported value+2.34M shares SFUNFang Holdings Limited$302.86Mreported value+4.43M shares ENDPEndo International Plc$286.87Mreported value+4.18M shares WYNNWynn Resorts Ltd$263.22Mreported value+1.18M shares IBNIcici Bank Ltd$251.03Mreported value+5.73M shares TIFTiffany & Co.$228.04Mreported value+2.65M shares ANAutonation, Inc.$212.48Mreported value+3.99M shares CTRPTrip.com Group Limited$58.43Mreported value+1.16M shares NBISNebius Group N.v.$29.83Mreported value+988.0K shares

Increased positions

CTSHCognizant Technology Solutions Corporation$1.45Breported value+17.98M shares+167.4%BIDUBaidu, Inc.$1.19Breported value+2.42M shares+44.9%VRXValeant Pharmaceuticals International, Inc.$1.16Breported value+1.06M shares+13.7%MSFTMicrosoft Corporation$1.15Breported value

Reduced positions

GAPGap, Inc$798.16Mreported value-646.0K shares-3.1%CCICrown Castle Inc.$668.06Mreported value-1.31M shares-12.7%MONMonsanto Company$656.20Mreported value-62.7K shares-1.1%FOXATwenty-First Century Fox, Inc.$639.62Mreported value-399.5K shares

Exited positions

DLTRDollar Tree, Inc.$458.59Mprior reported value-8.13M shares-100.0%AXPAmerican Express Co$398.57Mprior reported value-4.39M shares-100.0%VRSNVeriSign Inc/ca$379.30Mprior reported value-6.34M shares-100.0%MJNMead Johnson Nutrition Co$298.24Mprior reported value-3.56M shares