Mastercard Inc (MA) Priceline Group Inc (PCLN) Facebook Inc (FB): Stephen Mandel Goes All In On These Stocks

Facebook Inc (NASDAQ:FB) was also among Mandel’s favorites. With the addition of some 4.86 million shares to the previous holding, Facebook became Lone Pine’s fifth largest holding. With 13.50million shares valued at $1.05 billion, the stake comprised 4.42% of the fund’s portfolio value. Christopher Lord of Criterion Capital also deemed Facebook Inc (NASDAQ:FB) as a promising investment. He increased his stake in the company by about 135% during the last three months of 2014. Criterion’s stake amassed 2.40 million shares valued at $187.09 million at the end of the fourth quarter, representing 7.01% of Criterion’s portfolio value.

Lone Pine also raised its stake in Equinix Inc (NASDAQ:EQIX) by 47% to 3.89 million shares valued at $882.09 million. The stock, which is up about 4.14% year-to-date is currently trading at a high forward earnings multiple of 32.14. Glenn Greenberg of Brave Warrior Capital also felt particularly confident about Equinix Inc (NASDAQ:EQIX) in the fourth quarter as he increased his stake in the networking company by 18%. Brave Warrior held some 852,434 shares with a market value of $193.27 million.

Autodesk, Inc. (NASDAQ:ADSK) saw the greatest increase among all stocks in Lone Pine’s equity portfolio. Mr. Mandel increased his fund’s stake in the company by a whooping 229% to 14.46 million shares with a market value of $868.66 million. Autodesk has also seen an increase in popularity among other investors during the fourth quarter. The number of hedge funds invested in the company stood at 39 as compared to 37 at the end of the third quarter. The aggregate value of the stakes in Autodesk, Inc. (NASDAQ:ADSK) held by funds that we track also advanced to $2.50 billion from $2.34 billion a quarter earlier.

Disclosure: None