Lone Pine discloses updated portfolio positions in 13F filing: New SBUX WULF LEN CRM WDAY positions, Increased AMZN CEG META, Exited BBWI AVDX
Highlights from Q3 2024 filing as compared to Q2 2024 (all amounts are approximate):
- New positions in: SBUX (4.05 mln shares), WULF (3.07 mln), LEN (2.93 mln), CRM (2.34 mln), WDAY (1.6 mln), BTDR (1.3 mln), HUT (1.23 mln), TLN (0.86 mln), IREN (0.71 mln)
- Increased positions in: AMZN (to 5.48 mln shares from 4.45 mln), CEG (to 2.39 mln from 1.6 mln), META (to 1.89 mln from 1.39 mln), LPLA (to 2.18 mln from 1.69 mln), ARES (to 2.05 mln from 1.57 mln), INTU (921K from 902K)
- Maintained positions in: SQ (7.67 mln shares), VST (approx. unchanged at 6.81 mln shares), PTC (2.55 mln shares)
- Closed positions in: BBWI (from 11.32 mln shares), AVDX (from 5.08 mln), MA (from 1.04 mln), MCK (from 0.56 mln)
- Decreased positions in: APP (to 2.37 mln shares from 5.7 mln), PM (to 4.48 mln from 6.67 mln), KKR (to 4.52 mln from 6.39 mln), TSM (to 4.21 mln from 6 mln), HWM (to 3.06 mln from 3.67 mln), MSFT (to 1.66 mln from 2.02 mln), GEV (to 1.16 mln from 1.48 mln), SPOT (to 1.55 mln from 1.69 mln), UNH (to 0.82 mln from 0.94 mln), ASML (to 0.55 mln from 0.59 mln), BKNG (76K from 105K)