Lone Pine (Stephen Mandel) discloses updated portfolio positions in 13F filing: New WULF HUT PFGC USFD GLW TER MTZ positions, Added to NU VST APP TLN CRS holdings, Exited AFRM PM DASH AMZN AVGO WING MSFT
Highlights from Q1 2026 filing as compared to Q4 2025 (all amounts are approximate):
- New: WULF (19.92 mln shares), HUT (6.08 mln), PFGC (3.98 mln), USFD (3.8 mln), GLW (3.72 mln), TER (1.87 mln), MTZ (1.53 mln), CIEN (810K), AGX (393K), MCK (392K), GOOGL (188K)
- Increased: NU (38.01 mln shares from 29.63 mln shares), VST (6.19 mln from 5.21 mln), APP (1.46 mln from 0.78 mln), TLN (1.82 mln from 1.29 mln), CRS (1.82 mln from 1.31 mln), THC (2.26 mln from 1.79 mln), CLH (1.75 mln from 1.38 mln), V (93K from 15K), SPOT (69K from 18K), ASML (655K from 605K), HLT (89K from 58K), TDG (36K from 19K)
- Maintained: MDLN (11.79 mln shares), ENTG (3.12 mln), COF (2.27 mln), LPLA (2.05 mln), CVNA (1.75 mln)
- Exited: AFRM (from 3.82 mln shares), PM (2.64 mln), DASH (2.53 mln), AMZN (2.41 mln), AVGO (1.73 mln), WING (1.6 mln), MSFT (1.23 mln)
- Decreased: KKR (0.18 mln shares from 5 mln shares), BN (11.21 mln from 15.92 mln), APH (223K from 2.81 mln), TSM (1.39 mln from 3.05 mln), VMC (144K from 1.68 mln), BSX (105K from 202K), MA (57K from 96K), BKNG (2K from 5K)