Hedge Fund - Lone Pine Capital

Stephen Frank Mandel Jr. Bio, Returns, AUM, Net Worth

Lone Pine Capital, founded in 1997 by its president and portfolio manager Stephen Mandel, derives its name from a resilient pine tree on the Dartmouth College campus that survived a lightning strike in 1887. Headquartered in Greenwich, Connecticut, Lone Pine Capital is an American-based hedge fund and investment advisor.

Stephen Frank Mandel Jr. is an American hedge fund manager, investor, and philanthropist. He founded Lone Pine Capital in 1997, following his tenure as managing director at Tiger Management. As of August 2022, Forbes estimates Mandel's net worth at approximately US$3.9 billion. Mandel attended the Phillips Exeter Academy and earned a Bachelor of Arts in government from Dartmouth College in 1978, where he was a member of the Psi Upsilon fraternity. He later obtained an MBA from Harvard University. Forbes has recognized Stephen Mandel among the highest-earning hedge fund managers, listing him in the top 40 in 2012, the top 25 in 2013, and the top 15 in 2018. Starting in January 2019, Mandel transitioned away from managing investments at Lone Pine Capital but continues to serve as a managing director.

Lone Pine Capital, a prominent hedge fund, reported managing $12,671,430,440 in 13F securities as of their last filing in Q1 2024. With a top 10 holdings concentration of 57.25%, the firm's largest holding is Meta Platforms Inc., with 2,137,817 shares held.

Stephen Frank Mandel Jr.
Fund Profile
Filing Period:
Fund Name: Lone Pine Capital
Manager Stephen Frank Mandel Jr.
Portfolio Value $12,671,430,440
Change This QTR +1.10%
Filing Period:
Last update:
No. Security Ticker Shares Value Activity % Port History
1. META 2,137,817 $1,038,081,179 -26% 8.19%
2. TSM 6,172,524 $839,771,890 -12% 6.62%
3. MSFT 1,929,918 $811,955,101 +7% 6.4%
4. AMZN 4,493,481 $810,534,103 -18% 6.39%
5. CRM 2,400,267 $722,912,415 -4% 5.7%
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