Billionaire Stephen Mandel’s Lone Pine Capital Initiates Stake in Lululemon Athletica Inc. (LULU)

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%
Stephen Mandel
Stephen Mandel
Lone Pine Capital

Page 1 of 8 SEC Filing

Washington, D.C. 20549
Under the Securities Exchange Act of 1934
(Amendment No.[__])*

athletica inc.

(Name of Issuer)

Stock, par value $0.005

(Title of Class of Securities)


(CUSIP Number)

January 15,

(Date of Event Which Requires Filing of This Statement)
Check the appropriate box to designate the rule pursuant to which this Schedule is filed:
¨ Rule 13d-1(b)
X Rule 13d-1(c)
¨ Rule 13d-1(d)
(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).

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