13F filing recap · Q1 2020

What did Lone Pine Capital buy in Q1 2020?

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

Stock value

$16.44B

Positions

Estimated turnover

50.9%

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

VVisa Inc.$536.53Mreported value+3.33M shares HWMHowmet Aerospace Inc.$331.80Mreported value+20.66M shares LBL Brands Inc$303.62Mreported value+26.27M shares HLTHilton Worldwide Holdings Inc.$201.49Mreported value+2.95M shares DAYDayforce Inc$162.46Mreported value+3.24M shares LYVLive Nation Entertainment, Inc.$138.47Mreported value+3.05M shares CDNSCadence Design Systems, Inc.$85.10Mreported value+1.29M shares UAUnder Armour, Inc.$79.72Mreported value+9.89M shares PLANAnaplan, Inc.$66.57Mreported value+2.20M shares

Increased positions

BABAAlibaba Group Holding Limited$1.23Breported value+96.8K shares+1.6%UNHUnitedHealth Group Incorporated$1.15Breported value+370.9K shares+8.7%AMZNAmazon.com Inc$1.14Breported value+67.5K shares+13.1%MSFTMicrosoft Corporation$934.26Mreported value+854.9K shares

Reduced positions

NFLXNetflix, Inc.$905.46Mreported value-81.8K shares-3.3%ADBEAdobe Inc.$844.43Mreported value-193.8K shares-6.8%SHOPShopify Inc.$696.33Mreported value-142.5K shares-7.9%MAMastercard Inc$558.36Mreported value-74.6K shares

Exited positions

CRMSalesforce, Inc.$673.44Mprior reported value-4.14M shares-100.0%UNPUnion Pacific Corp$583.99Mprior reported value-3.23M shares-100.0%MELIMercadolibre, Inc.$555.21Mprior reported value-970.7K shares-100.0%DPZDomino’s Pizza, Inc.$508.57Mprior reported value-1.73M shares