13F filing recap · Q2 2017

What did Lone Pine Capital buy in Q2 2017?

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

Stock value

$19.67B

Positions

Estimated turnover

66.1%

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$667.78Mreported value+9.69M shares ORLYO Reilly Automotive Inc$621.48Mreported value+2.84M shares MAMastercard Inc$563.69Mreported value+4.64M shares ICEIntercontinental Exchange, Inc.$419.05Mreported value+6.36M shares TRUTransunion$385.68Mreported value+8.91M shares NOWServicenow, Inc.$341.42Mreported value+3.22M shares UNHUnitedHealth Group Incorporated$316.21Mreported value+1.71M shares OPTUOptimum Communications, Inc.$271.18Mreported value+8.40M shares AAPAdvance Auto Parts, Inc.$238.88Mreported value+2.05M shares CRMSalesforce, Inc.$229.35Mreported value+2.65M shares FWONKLiberty Media Corporation$106.92Mreported value+2.92M shares

Increased positions

BABAAlibaba Group Holding Limited$1.64Breported value+1.77M shares+17.9%FLTFleetcor Technologies, Inc.$945.37Mreported value+2.05M shares+45.6%METAMeta Platforms, Inc.$931.25Mreported value+1.06M shares+20.8%QQuintiles Ims Holdings Inc$899.99Mreported value+4.08M shares

Reduced positions

CHTRCharter Communications, Inc.$1.47Breported value-1.32M shares-23.2%STZConstellation Brands, Inc.$1.27Breported value-684.9K shares-9.4%ATVIActivision Blizzard, Inc.$1.24Breported value-3.27M shares-13.2%SYMCSymantec Corporation$595.65Mreported value-5.37M shares

Exited positions

NKENike, Inc.$1.07Bprior reported value-19.16M shares-100.0%EAElectronic Arts Inc.$696.46Mprior reported value-7.78M shares-100.0%VVisa Inc.$547.96Mprior reported value-6.17M shares-100.0%PCLNBooking Holdings Inc$528.81Mprior reported value-297.1K shares