Billionaire Stephen Mandel Just Took a 5.3% Stake in Pandora

Stephen Mandel, Pandora: In a 13G filing, which indicates a passive stake has been taken, made public mere minutes ago, Stephen Mandel’s Lone Pine Capital disclosed a 5.3% stake in Pandora Media Inc (NYSE:P). As of the end of last quarter, some of the largest hedge fund bulls in Pandora were Eminence Capital and Orbis Investment Management, and Mandel’s position of more than 10 million shares makes his stake larger than both funds. Shares of Pandora are up more than 36% over the past three months, so continue to watch how Mandel handles his bet.


Disclosure: none

Biotech Insider Alert - $5 Stock To Hit $40

$200 Million Dollar Healthcare Hedge Fund's #1 Best Idea Right Now

The best healthcare hedge fund out there right now is one of the largest shareholders in this biotech stock. The fund returned more than 20% in each of the last 2 years with a virtually fully hedged portfolio, and it's sending out a BUY signal on this biotech stock. Get your FREE REPORT today (retail value of $300)

This is a FREE report from Insider Monkey. Credit Card is NOT required.

Thanks! An email with instructions is sent to !

Your email already exists in our database. Click here to go to your subscriptions

Insider Monkey returned 102% in 3 years!! Wondering How?

Download a complete edition of our newsletter for free!