Lone Pine (Steve Mandel) discloses updated portfolio positions in 13F filing: New TOL CVNA CDNS WING positions, Added to KKR AMZN APP MSFT FLUT INTU CRM ASML TSM, Exited XYZ HWM CIFR PTC CEG LEN WDAY WULF
Highlights from Q1 2025 filing as compared to Q4 2024 (all amounts are approximate):
- New positions in: TOL (3.8 mln shares), CVNA (2.31 mln), CDNS (1.22 mln), WING (449K)
- Increased positions in: KKR (to 4.76 mln shares from 4.05 mln shares), AMZN (to 4.35 mln from 3.79 mln), APP (to 1.59 mln from 1.09 mln - also has calls), MSFT (to 1.96 mln from 1.64 mln), FLUT (to 2.22 mln from 1.91 mln), INTU (to 1.4 mln from 1.16 mln), CRM (to 1.73 mln from 1.57 mln), ASML (to 0.58 mln from 0.44 mln), TSM (to 3.87 mln from 3.76 mln), SBUX (to 6.61 mln from 6.48 mln)
- Maintained positions in: TLN (1.09 mln shares)
- Closed positions in: XYZ (from 3.77 mln shares), HWM (from 3.06 mln), CIFR (from 2.34 mln), PTC (from 2.33 mln), CEG (from 1.74 mln), LEN (from 1.72 mln), WDAY (from 1.54 mln), WULF (from 1.48 mln), BTDR (from 987K), SPOT (from 914K), IREN (from 712K), HUT (from 693K)
- Decreased positions in: PM (to 3.01 mln shares from 6.47 mln shares), VST (to 4.6 mln from 5.35 mln), META (to 1.76 mln from 2.04 mln), LLY (to 0.55 mln from 0.78 mln), LPLA (to 1.76 mln from 1.92 mln), ARES (to 1.6 mln from 1.68 mln) COF (to 3.18 mln from 3.24 mln)