Lone Pine discloses updated portfolio positions in 13F filing: New HWM ARES GEV UNH positions, Added to BBWI SQ CEG VST APP MA ASML MSFT, Exited LYV CRM WDAY DKS
Highlights from Q2 2024 filing as compared to Q1 2024 (all amounts are approximate):
- New positions in: HWM (3.67 mln shares), ARES (1.57 mln), GEV (1.48 mln), UNH (0.94 mln)
- Increased positions in: BBWI (to 11.32 mln shares from 9.77 mln shares), SQ (to 7.67 mln from 6.74 mln), CEG (to 1.6 mln from 0.88 mln), VST (to 6.84 mln from 6.41 mln), APP (to 5.7 mln from 5.32 mln), MA (to 1.04 mln from 0.68 mln), ASML (to 0.59 mln from 0.49 mln), MSFT (to 2.02 mln from 1.93 mln)
- Maintained positions in: PM (6.67 mln shares), AMZN (4.45 mln shares), SPOT (1.69 mln shares), LPLA (1.69 mln shares), INTU (0.9 mln shares), MCK (0.56 mln shares)
- Closed positions in: IBN (from 9.64 mln shares), LYV (from 3.22 mln), CRM (from 2.4 mln), WDAY (from 1.41 mln), DKS (from 1.2 mln), EPAM (from 0.93 mln)
- Decreased positions in: META (to 1.39 mln shares from 2.14 mln shares), KKR (to 6.39 mln from 6.99 mln), PTC (to 2.55 mln from 2.97 mln), TSM (to 6 mln from 6.17 mln)