Dear Valued Visitor,

We have noticed that you are using an ad blocker software.

Although advertisements on the web pages may degrade your experience, our business certainly depends on them and we can only keep providing you high-quality research based articles as long as we can display ads on our pages.

To view this article, you can disable your ad blocker and refresh this page or simply login.

We only allow registered users to use ad blockers. You can sign up for free by clicking here or you can login if you are already a member.

Stephen Mandel’s Lone Pine Capital Reported a New Stake in $WSM

Stephen Mandel’s Lone Pine Capital LLC reported on September 30th that the firm had opened a span-new passive position in Williams-Sonoma, Inc. (WSM). Based on the 13G file, Lone Pine Capital LLC had purchased 5.8 million shares of WSM before the declaration, and now controls 5.6% stake of the stock. The stock was wavering in a channel between $30 and $34 when Lone Pine Capital sought the opportunity. It’s possible that Lone Pine Capital did several transactions near the bottom since the late August. Currently WSM is trading at $29.22.


Seventeen hedge funds had WSM in their portfolios in the second quarter. Cliff Asness’s AQR Capital Management owned 709 thousand shares, increasing by 44% from Q1. Chuck Royce’s Royce & Associates had 683 thousand shares, after a decrease of 40%. So after the disclosure on September 30th, Lone Pine Capital might have become WSM’s No. 1 hedge fund owner.

Lone Pine Capital LLC is owned by Stephen Mandel, who has $17 Billion assets under management. He’s a “bottom-up” investor with great stock picking skills. He returned about 23% during the past 11 years, beating the S&P 500 index by more than 20 percentage points per year. According to its 13F in the second quarter, the firm mainly invests in Technology, Services, and some other sectors.

Williams-Sonoma, Inc. was found in 1956, and is a nationwide specialty retailer of high-quality products for the home furnishing. The firm markets its products under the brands Williams-Sonoma, Pottery Barn, Pottery Barn Kids and West Elm. Products are mainly sold through retail and direct-to-customer channels.

Biotech Stock Alert - 20% Guaranteed Return in One Year

Hedge Funds and Insiders Are Piling Into

One of 2015's best hedge funds and two insiders snapped up shares of this medical device stock recently. We believe its transformative and disruptive device will storm the $3+ billion market and help it achieve 500%-1000% gains in 3 years.

Get your FREE REPORT and the details of our 20% return guarantee today.

Subscribe me to Insider Monkey's Free Daily Newsletter
This is a FREE report from Insider Monkey. Credit Card is NOT required.
Loading Comments...

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!