13F filing recap · Q1 2026

What did Lone Pine Capital buy in Q1 2026?

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

Stock value

$12.54B

Positions

Estimated turnover

79.6%

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.

Quarter in review

Lone Pine Capital opened new positions in Teradyne, Corning, Mastec, US Foods Holding, Performance Food Group, McKesson, Ciena, Terawulf, Hut 8, Argan, and Alphabet. It exited Affirm Holdings, Amazon, Broadcom, Doordash, Microsoft, Philip Morris International, and Wingstop. The firm substantially increased its stakes in Carpenter Technology, Applovin, and Talen Energy, while significantly reducing Taiwan Semiconductor Manufacturing. It also dramatically added to Spotify Technology and Visa.

New positions

TERTeradyne, Inc.$555.23Mreported value+1.87M shares GLWCorning Inc /ny$505.56Mreported value+3.72M shares MTZMastec, Inc.$492.60Mreported value+1.53M shares USFDUS Foods Holding Corp.$350.03Mreported value+3.80M shares PFGC

Increased positions

VSTVistra Corp.$930.18Mreported value+975.7K shares+18.7%ASMLAsml Holding N.v.$865.34Mreported value+50.1K shares+8.3%CRSCarpenter Technology Corporation$716.54Mreported value+505.0K shares+38.5%APPApplovin Corp$583.04Mreported value+684.4K shares

Reduced positions

LPLALpl Financial Holdings Inc.$616.69Mreported value-25.0K shares-1.2%CVNACarvana Co.$551.65Mreported value-24.6K shares-1.4%TSMTaiwan Semiconductor Manufacturing$469.59Mreported value-1.66M shares-54.5%BNBrookfield Corporation$453.63Mreported value-4.71M shares

Exited positions

AVGOBroadcom Inc.$598.83Mprior reported value-1.73M shares-100.0%MSFTMicrosoft Corporation$596.85Mprior reported value-1.23M shares-100.0%DASHDoordash, Inc.$572.97Mprior reported value-2.53M shares-100.0%AMZNAmazon.com Inc$557.32Mprior reported value-2.41M shares