A new 13G filing with the US Securities and Exchange Commission revealed billionaire Stephen Mandel‘s Lone Pine Capital holding 6.45 million shares of the athletic apparel designer and seller Lululemon Athletica inc. (NASDAQ:LULU). The stake is passive by nature and amasses 5% of Lululemon’s common stock. Lone Pine did not report holding shares of Lululemon in its last 13F filing.
You can access the original SEC filing by clicking here.
Ownership Summary Table
|Name||Sole Voting Power||Shared Voting Power||Sole Dispositive Power||Shared Dispositive Power||Aggregate Amount Owned Power||Percent of Class|
|Lone Pine Capital LLC||0||6,446,607||0||6,446,607||6,446,607||5.0%|
|Stephen F. Mandel, Jr.||0||6,446,607||0||6,446,607||6,446,607||5.0%|
Follow Stephen Mandel's Lone Pine Capital
Page 1 of 8 SEC Filing
|SECURITIES AND EXCHANGE COMMISSION|
|Washington, D.C. 20549|
|Under the Securities Exchange Act of 1934|
|(Name of Issuer)|
|(Title of Class of Securities)|
|(Date of Event Which Requires Filing of This Statement)|
|Check the appropriate box to designate the rule pursuant to which this Schedule is filed:|
|(Page 1 of 8 Pages)|
*The remainder of this cover page shall
be filled out for a reporting person’s initial filing on this form with respect to the subject class of securities, and for
any subsequent amendment containing information which would alter the disclosures provided in a prior cover page.
The information required in the remainder of this cover page shall
not be deemed to be “filed” for the purpose of Section 18 of the Securities Exchange Act of 1934 (“Act”)
or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however,
see the Notes).