13F filing recap · Q3 2019

What did Lone Pine Capital buy in Q3 2019?

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

Stock value

$17.00B

Positions

Estimated turnover

45.4%

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

NFLXNetflix, Inc.$630.25Mreported value+2.36M shares GPNGlobal Payments Inc.$581.21Mreported value+3.66M shares EFXEquifax Inc$431.68Mreported value+3.07M shares HUMHumana Inc$406.19Mreported value+1.59M shares HLFHerbalife Ltd.$79.57Mreported value+2.10M shares MDLAMedallia Inc$20.23Mreported value+737.6K shares SMARSmartsheet Inc.$18.23Mreported value+506.1K shares TWLOTwilio Inc.$1.74Mreported value+15.8K shares

Increased positions

BABAAlibaba Group Holding Limited$1.22Breported value+1.42M shares+24.1%AMZNAmazon.com Inc$1.08Breported value+155.5K shares+33.3%UNHUnitedHealth Group Incorporated$984.21Mreported value+756.6K shares+20.1%CRMSalesforce, Inc.$757.75Mreported value+2.16M shares

Reduced positions

ADBEAdobe Inc.$981.69Mreported value-190.3K shares-5.1%MSFTMicrosoft Corporation$842.46Mreported value-1.32M shares-17.9%TDGTransdigm Group Incorporated$668.57Mreported value-301.4K shares-19.0%TIFTiffany & Co.$591.15Mreported value-188.1K shares

Exited positions

WYNNWynn Resorts Ltd$670.38Mprior reported value-5.41M shares-100.0%STNEStoneco Ltd.$74.79Mprior reported value-2.53M shares-100.0%