Facebook is currently enjoying excellent financials, with a net cash position of $55.6 billion of cash (7% of the market capitalization of the stock). Facebook is one of the extremely few companies that have no debt. The company’s CEO Satya Nadella has been marvelously transforming the company into a cloud powerhouse. Furthermore, as its rival social media company Tik Tok is recently facing scrutiny in the U.S., with talks of the app becoming banned across the nation, Facebook’s monopolistic nature is looking more attractive than ever. While the pandemic is likely to subside from next year, the consumers who have recently shifted from conventional to online purchases are likely to adopt online shopping for the long run thanks to its advantages. In addition, it has ample room for sustained long-term growth thanks to the increasing preference of consumers to execute payments with their mobile phone. Lone Pine Capital is an American-based hedge fund headquartered in Greenwich, Connecticut. Period: Q3 2020. Access StockReports+. * To download the data without a subscription, you can purchase 90-day access to a single fund (Lone Pine Capital LLC) for $24. Lone Pine Capital's investment follows a strategic investment made by Mastercard in January 2020, when fintech startup Pine Labs attained unicorn status. Steve Mandel’s Lone Pine Capital has not only been busy in only long positions today, but is also raising its short book in a very unusual place, Japan.Lone Pine has a 0.3% short in YAMADA DENKI CO., LTD. (TYO:9831) which is an electronics manufacturer that mainly includes home appliances. All full time employees serve as equal voting members on our Advisory Board. PayPal is the seventh-largest holding of Lone Pine Capital, comprising 5.0% of the value of its portfolio. Search. Lone Pine Capital 13F annual report Lone Pine Capital is an investment fund managing more than $19.5 billion ran by Kerry Tyler. Portfolio. It has grown its earnings every single year in the last decade and thus it has more than quadrupled its earnings per share over this period. The streaming giant continues to expand, with its most recent quarter posting all-time high levels in both its top and bottom line, at $6.44 billion and $789 million respectively. Luckin Coffee. 4 weeks Tracking Stephen Mandel’s Lone Pine Capital Portfolio – Q3 2020 Update Seeking Alpha . Lone Pine has been accumulating stock around $160/share, which means that the company has profited quite nicely at its current price of $193, considering it initiated its first position as recently as last year. As there are 5.3 billion mobile accounts in the world, the growth potential is immense. Despite its solid performance and expanding margins, recent slowdown concerns have halted the stock’s prolonged rally. Merchant commerce platform Pine Labs on Monday said it has raised a fresh round of funding from Lone Pine Capital, valuing it at over USD 2 billion (about Rs … The pandemic has caused this long-term trend to accelerate at an enormous pace. The largest investments include Shopify and PayPal, together worth $2.87 billion. Investors following the company’s 13F filings over the last 3 years (from mid-November 2017 through mid-November 2020) would have generated annualized total returns of 29%. Lone Pine Capital is an American-based hedge fund headquartered in Greenwich, Connecticut, established in 1997 by its president and portfolio manager, Stephen Mandel. The top three positions are Shopify, Facebook, and Microsoft. The diversified portfolio of tech products and services of Microsoft has been ruling the sector’s digital infrastructure. Shares are also trading at an attractive P/E ratio of around 33, which is quite reasonably for a snowballing tech behemoth. In no event shall stockzoa.com be liable to any member, guest or third party for any damages of any kind arising out of the use of any content available on stockzoa.com, or relating to the use of, or inability to use, stockzoa.com or any content, including, without limitation, any investment losses, lost profits, lost opportunity, special, incidental, indirect, consequential or punitive damages. See how we calculate 13F filing performance here. Lone Pine Capital is well-known for its exceptional returns thanks to the expertise of Stephen Mandel. Lone Pine Capital initiated a stake in United Health three years ago, at prices between $164 and $200. We are funded by the employees of Lone Pine Capital LLC. charging the company with an illegal monopoly. http://www.sec.gov/Archives/edgar/data/1061165/00…, Track 13F-HR Filings for Hedge Funds and Value Investors. In its latest quarter, the company achieved record revenues and profits of $5.46 and $1.02 billion, respectively. This article will discuss Lone Pine Capital’s investment strategy and portfolio holdings. To provide a perspective, the stock is currently trading at 40 times its expected earnings in 2025. The stake was initiated last year, at prices between $195 and $328. Stephen Mandel’s 13F portfolio value increased ~17% from $19.79B to $23.20B. Lone Pine Capital has $23B in assets under management (AUM), dropping by 17.24%. In terms of its valuation the stock is currently trading at around 80 times its underlying net income. The stock is currently trading at $305. The company obviously benefits from a secular trend, which has decades ahead to run, namely the shift of consumers from brick-and-mortar purchases to online purchases. The stock is trading at nearly 40 times its forward sales, making Coupa one of the most expensive stocks in the market. The stock has quadrupled since the initial purchase and is now hovering around an all-time high, thus vindicating the conviction of the hedge fund. For comparison, the S&P 500 ETF (SPY) generated annualized total returns of 12.2% over the same time period. Amazon has grown its revenues and its earnings per share nearly 10-fold over the last decade. Founded in 1997, Lone Pine Capital LLC (“LPC”) is an investment adviser that employs long/short and long-only strategies to invest in equities and equity-related securities based on bottom-up, fundamental analysis. The stake was initiated less than a year ago, in late 2019, at prices between $97 and $110, but the stock has nearly doubled within this short period. On the other hand, investors looking to tap into Lone Pine Capital’s holdings should be wary of the fund’s lack of diversification and the tech sector’s sky-high valuations. Microsoft is the fourth-largest holding of Lone Pine Capital, comprising 6.1% of the value of its portfolio. See David Francis Craver's compensation, career history, education, & memberships. This means that Adobe has promising growth potential ahead. However even If the company was to be broken in two different entities, this would unlock additional value for shareholders, amid Instagram’s potential valuation expansion. The number of positions increased from 29 to 32. Latest statistics and disclosures from Lone Pine Capital's latest quarterly 13F-HR filing: Positions held by Lone Pine Capital LLC consolidated in one spreadsheet with up to 7 years of data, Companies in the Lone Pine Capital portfolio as of the September 2020 quarterly 13F filing. PayPal has been negatively affected by the pandemic, which has caused a collapse in the number of travelers around the world and thus in the payments of this segment. Recently FTC and a coalition of states announced filing lawsuits against Facebook (NASDAQ:FB) charging the company with an illegal monopoly. You can download an Excel spreadsheet with metrics that matter of Lone Pine Capital’s current 13F equity holdings below: Click Here to instantly download your Lone Pine Capital 13F stock holdings and performance spreadsheet now. Hence, unlike Coupa, shares are trading at around 30 times their next year’s expected net income. David Francis Craver is Mng Dir/Co-Portfolio Manager at Lone Pine Capital LLC. Although this is a relatively new stake, the stock has more than tripled since the initiation of the stake, now standing at $1067. Investment company Lone Pine Capital (Current Portfolio) buys DocuSign Inc, Square Inc, Match Group Inc, Coupa Software Inc, Atlassian Corporation PLC, sells Booking Holdings Inc, Salesforce.com Inc, Visa Inc, Ceridian HCM Holding Inc, TransDigm Group Inc during the 3-months ended 2020Q3, according to the most recent filings of the investment company, Lone Pine Capital. FormWhispers - Trading Ideas from Insiders LONE PINE CAPITAL LLC 2020Q3 Portfolio Holdings. This helps explain the 100%+ rally of the stock of Amazon this year. The top 5 holdings of the stock portfolio comprise 31.8% of its total value. Lone Pine Capital’s top 10 holdings comprise 53.72% of its total portfolio and consist of the following equities: Lone Pine Capital initiated a stake in Facebook in 2014, at prices between $66 and $79. The information on this site is not intended to be, nor does it constitute, investment advice or recommendations. Portfolio value: $23,204,860,000. Netflix is Lone Pine’s 7th largest holding, as the fund increased its stake in the company by 40% quarter-over-quarter. Microsoft is the fourth-largest holding of Lone Pine Capital, comprising 6.1% of the value of its portfolio. Lone Pine Capital has provided its services to pooled investment vehicles, pension and profit sharing plans. Holdings. Updated on December 11th, 2020 by Nikos Sismanis. Portfolio date: 30 Sep 2020. Lone Pine Capital was a net buyer of stock by $1.4B. Shopify has grown its monthly recurring revenue at a 46% average annual rate over the last five years. Lone Pine Capital has made 4 diversity investments. Amazon benefits from a strong secular trend, namely the increasing preference of consumers to shop online instead of visiting a store. That was the steepest revenue growth recorded in more than five years. No. FormWhispers - Trading Ideas from Insiders LONE PINE CAPITAL LLC 2020Q3 Portfolio Holdings. Buys. New Delhi, Dec 21: Merchant commerce platform Pine Labs on Monday said it has raised a fresh round of funding from Lone Pine Capital, valuing it at over USD 2 billion (about Rs 14,700 crore). Coupa has been growing its revenues higher by the quarter, currently showcasing a $520 million run-rate based on its latest $132 million in sales during Q3. Stocks. Portfolio Holdings for Lone Pine Capital. Lone Pine Capital has had 4 … Some investors might be disappointed that Mandel, who is an expert in tech stocks, purchased Amazon so late. See Stephen Frank Mandel's compensation, career history, education, & memberships. Under no circumstances does any information posted on stockzoa.com represent a recommendation to purchase or sell a stock. This data is downloadable for data subscribers. By clicking the button below, your credit card will be charged $24 and you'll have access to all Lone Pine Capital LLC data for 90 days. The firm has offices in London, New York City, and San Francisco. Pine Labs announces new investment from Lone Pine Capital With this investment, Pine Labs is now valued at over USD $2 billion. As Adobe offers a vast range of products, it enjoys a dominant position in its business, with a wide moat versus its competitors. Mandel’s firm picked up 6.06 million shares of Luckin Coffee, allocating 1.27% of the … Lone Pine Capital Holdings Heatmap . Tweet. TopFunds. TopFunds. They also increased Coupa Software. Please. On the other hand, Lone Pine Capital has reduced its stake in Adobe by about two-thirds in the last two years. Activity. Lone Pine Capital In 2012, we entered into a long-term strategic partnership with Lone Pine Capital, a global alternative investment manager specializing in long/short equity products, and acquired a meaningful long-term minority interest in the business. United Health benefits from the same trend as Humana, namely the growing market of Medicare Advantage. Stephen Mandel - Lone Pine Capital. As a result, the tremendous earnings growth of these stocks has more than offset their initial rich valuation. This stake was initiated about three years ago, at prices between $957 and $1,176. The main segments of the company have a total addressable market of $128 billion. It is thus evident that the hedge fund considers the stock almost fully valued around its current price. 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