Hedge Funds
S
growth Stephen Mandel
Lone Pine Capital
Portfolio Value $13.61B
Holdings 39
Quarter Q1 2026
Filing Date Feb 16, 2026
1yr Return +42.6%
3yr Return +469.1%
Sector Allocation
Financial Services25.8%Technology25.0%Consumer Cyclical16.9%Healthcare6.4%Utilities6.2%Industrials5.6%
| Stock 39 | % of Portfolio i Weight of this holding as a percentage of the total portfolio | Value i Total dollar value of the position (shares x price) | Shares i Number of shares held | Reported Price i Price per share as reported in the SEC filing | Recent Activity i Activity in the most recent 13F filing with percentage change | Current Price within 52W Range i Current stock price positioned within the 52-week high/low range | +/- Reported Price i Percentage change from the filing reported price to the current price. Green = gain, Red = loss |
|---|---|---|---|---|---|---|---|
 T TSM Taiwan Semiconductor | 6.82% | $927.59M | 3,052,400 | $303.89 | — | $339.04 $139.64 $386.64 | +11.57% |
 V VST Vistra Corp. | 6.18% | $840.83M | 5,211,885 | $161.33 | Add 10.91% | $151.18 $97.57 $217.32 | -6.29% |
 C CVNA CARVANA CO | 5.52% | $750.91M | 1,779,328 | $422.02 | Add 0.80% | $313.91 $162.57 $478.45 | -25.62% |
 L LPLA LPL Financial Holdings, Inc. | 5.44% | $741.11M | 2,074,948 | $357.17 | Reduce 8.01% | $293.67 $282.36 $397.96 | -17.78% |
 B BN Brookfield Corp. | 5.37% | $730.72M | 15,923,360 | $45.89 | Add 56.40% | $40.89 $29.62 $49.08 | -10.90% |
 A ASML ASML HOLDING N V | 4.76% | $647.28M | 605,017 | $1,069.86 | Buy | $1,317 $590.20 $1,527 | +23.12% |
 K KKR KKR & CO INC | 4.68% | $637.54M | 5,001,085 | $127.48 | Add 22.56% | $91.23 $83.88 $151.45 | -28.44% |
 B AVGO Broadcom Limited | 4.40% | $598.83M | 1,730,216 | $346.10 | Add 11.67% | $314.55 $145.11 $411.32 | -9.12% |
 M MSFT Microsoft | 4.38% | $596.85M | 1,234,125 | $483.62 | Add 2.11% | $373.46 $351.87 $539.83 | -22.78% |
 D DASH Doordash Inc Cl A | 4.21% | $572.97M | 2,529,879 | $226.48 | Buy | $156.45 $146.60 $281.74 | -30.92% |
 A AMZN Amazon.com | 4.09% | $557.32M | 2,414,520 | $230.82 | Reduce 14.13% | $209.77 $167.32 $254.00 | -9.12% |
 C COF Capital One Financial Corp. | 4.09% | $556.19M | 2,294,891 | $242.36 | Reduce 10.69% | $181.92 $148.55 $256.96 | -24.94% |
 A APP APPLOVIN CORP | 3.86% | $525.94M | 780,530 | $673.82 | Reduce 29.63% | $386.37 $219.37 $733.60 | -42.66% |
 N NU NU HLDGS LTD | 3.64% | $496.01M | 29,630,237 | $16.74 | Add 16.62% | $14.15 $9.60 $18.76 | -15.47% |
 M MDLN MEDLINE INC | 3.62% | $492.10M | 11,716,697 | $42.00 | Buy | $44.28 $39.00 $49.99 | +5.43% |
 T TLNE Talen Energy Corp | 3.56% | $484.49M | 1,292,516 | $374.84 | Add 8.39% | $327.58 $174.40 $445.84 | -12.61% |
 V VMC Vulcan Materials Co. | 3.53% | $480.29M | 1,683,932 | $285.22 | Add 21.62% | $279.88 $224.90 $329.75 | -1.87% |
 P PM Philip Morris International, Inc. | 3.12% | $424.03M | 2,643,579 | $160.40 | Reduce 42.71% | $158.10 $141.76 $188.12 | -1.43% |
 C CRS CARPENTER TECHNOLOGY CORP | 3.04% | $413.37M | 1,312,938 | $314.84 | Buy | $391.51 $150.78 $412.13 | +24.35% |
 W WING WINGSTOP INC | 2.80% | $380.45M | 1,595,258 | $238.49 | Add 6.97% | $152.51 $144.87 $380.12 | -36.05% |
 A APH Amphenol | 2.79% | $379.71M | 2,809,773 | $135.14 | Reduce 7.06% | $128.00 $58.67 $165.92 | -5.28% |
 T THC TENET HEALTHCARE CORP | 2.61% | $355.18M | 1,787,326 | $198.72 | Buy | $188.17 $110.41 $244.80 | -5.31% |
 C CLH CLEAN HARBORS INC | 2.37% | $323.14M | 1,378,125 | $234.48 | Buy | $297.00 $182.10 $297.15 | +26.66% |
 A AFRM AFFIRM HLDGS INC | 2.09% | $284.11M | 3,817,170 | $74.43 | Buy | $46.31 $35.75 $92.18 | -37.78% |
 E ENTG Entegris | 1.89% | $257.32M | 3,054,230 | $84.25 | Buy | $116.40 $62.65 $137.79 | +38.16% |
 M MA MASTERCARD INCORPORATED | 0.40% | $55.00M | 96,338 | $570.88 | Buy | $493.44 $477.16 $597.27 | -13.56% |
 T TDG TRANSDIGM GROUP INC | 0.19% | $25.57M | 19,228 | $1,329.83 | Buy | $1,167 $1,133 $1,517 | -12.24% |
 B BKNG Booking Holdings, Inc. | 0.18% | $24.80M | 4,630 | $5,355.29 | Reduce 85.14% | $4,194 $3,862 $5,782 | -21.68% |
 B BSX Boston Scientific Corp. | 0.14% | $19.23M | 201,703 | $95.35 | Buy | $62.82 $62.00 $108.14 | -34.12% |
 H HLT HILTON WORLDWIDE HLDGS INC | 0.12% | $16.61M | 57,817 | $287.23 | Buy | $304.95 $200.84 $324.98 | +6.17% |
 S SPOT SPOTIFY TECHNOLOGY S A | 0.08% | $10.31M | 17,762 | $580.68 | Buy | $488.97 $412.75 $775.90 | -15.79% |
 V V Visa | 0.04% | $5.34M | 15,217 | $350.66 | Buy | $300.80 $295.52 $371.15 | -14.22% |
 E EQT EQT Corporation | 0.00% | $0 | 0 | $0.00 | Sold | $59.70 $45.57 $67.93 | — |
 C CIEN CIENA CORP | 0.00% | $0 | 0 | $0.00 | Sold | $447.76 $53.50 $447.76 | — |
 M META Meta Platforms, Inc. | 0.00% | $0 | 0 | $0.00 | Sold | $574.46 $483.15 $788.15 | — |
 S SE SEA LTD | 0.00% | $0 | 0 | $0.00 | Sold | $82.28 $78.16 $196.50 | — |
 E ETSY ETSY INC | 0.00% | $0 | 0 | $0.00 | Sold | $51.64 $40.80 $75.56 | — |
 F FLUT Flutter Entertainment PLC | 0.00% | $0 | 0 | $0.00 | Sold | $106.38 $99.50 $308.60 | — |
 S SBUX Starbucks | 0.00% | $0 | 0 | $0.00 | Sold | $90.37 $77.40 $101.44 | — |
Activity - Q1 2026
| Stock 38 | Company | Activity i Type and magnitude of change in this position | % Change to Portfolio i Impact of this position change on the overall portfolio allocation |
|---|---|---|---|
| V VST Vistra Corp. | Vistra Corp. | Add 10.91% | 6.18% |
| C CVNA CARVANA CO | CARVANA CO | Add 0.80% | 5.52% |
| L LPLA LPL Financial Holdings, Inc. | LPL Financial Holdings, Inc. | Reduce 8.01% | 5.44% |
| B BN Brookfield Corp. | Brookfield Corp. | Add 56.40% | 5.37% |
| A ASML ASML HOLDING N V | ASML HOLDING N V | Buy | 4.76% |
| K KKR KKR & CO INC | KKR & CO INC | Add 22.56% | 4.68% |
| B AVGO Broadcom Limited | Broadcom Limited | Add 11.67% | 4.40% |
| M MSFT Microsoft | Microsoft | Add 2.11% | 4.38% |
| D DASH Doordash Inc Cl A | Doordash Inc Cl A | Buy | 4.21% |
| A AMZN Amazon.com | Amazon.com | Reduce 14.13% | 4.09% |
| C COF Capital One Financial Corp. | Capital One Financial Corp. | Reduce 10.69% | 4.09% |
| A APP APPLOVIN CORP | APPLOVIN CORP | Reduce 29.63% | 3.86% |
| N NU NU HLDGS LTD | NU HLDGS LTD | Add 16.62% | 3.64% |
| M MDLN MEDLINE INC | MEDLINE INC | Buy | 3.62% |
| T TLNE Talen Energy Corp | Talen Energy Corp | Add 8.39% | 3.56% |
| V VMC Vulcan Materials Co. | Vulcan Materials Co. | Add 21.62% | 3.53% |
| P PM Philip Morris International, Inc. | Philip Morris International, Inc. | Reduce 42.71% | 3.12% |
| C CRS CARPENTER TECHNOLOGY CORP | CARPENTER TECHNOLOGY CORP | Buy | 3.04% |
| W WING WINGSTOP INC | WINGSTOP INC | Add 6.97% | 2.80% |
| A APH Amphenol | Amphenol | Reduce 7.06% | 2.79% |
| T THC TENET HEALTHCARE CORP | TENET HEALTHCARE CORP | Buy | 2.61% |
| C CLH CLEAN HARBORS INC | CLEAN HARBORS INC | Buy | 2.37% |
| A AFRM AFFIRM HLDGS INC | AFFIRM HLDGS INC | Buy | 2.09% |
| E ENTG Entegris | Entegris | Buy | 1.89% |
| M MA MASTERCARD INCORPORATED | MASTERCARD INCORPORATED | Buy | 0.40% |
| T TDG TRANSDIGM GROUP INC | TRANSDIGM GROUP INC | Buy | 0.19% |
| B BKNG Booking Holdings, Inc. | Booking Holdings, Inc. | Reduce 85.14% | 0.18% |
| B BSX Boston Scientific Corp. | Boston Scientific Corp. | Buy | 0.14% |
| H HLT HILTON WORLDWIDE HLDGS INC | HILTON WORLDWIDE HLDGS INC | Buy | 0.12% |
| S SPOT SPOTIFY TECHNOLOGY S A | SPOTIFY TECHNOLOGY S A | Buy | 0.08% |
| V V Visa | Visa | Buy | 0.04% |
| E EQT EQT Corporation | EQT Corporation | Sold | 0.00% |
| C CIEN CIENA CORP | CIENA CORP | Sold | 0.00% |
| M META Meta Platforms, Inc. | Meta Platforms, Inc. | Sold | 0.00% |
| S SE SEA LTD | SEA LTD | Sold | 0.00% |
| E ETSY ETSY INC | ETSY INC | Sold | 0.00% |
| F FLUT Flutter Entertainment PLC | Flutter Entertainment PLC | Sold | 0.00% |
| S SBUX Starbucks | Starbucks | Sold | 0.00% |
| Stock 29 | Company | Activity i Type and magnitude of change in this position | % Change to Portfolio i Impact of this position change on the overall portfolio allocation |
|---|---|---|---|
| M META Meta Platforms, Inc. | Meta Platforms, Inc. | Reduce 20.59% | 7.07% |
| V VST Vistra Corp. | Vistra Corp. | Reduce 27.37% | 6.70% |
| T TSM Taiwan Semiconductor | Taiwan Semiconductor | Reduce 11.16% | 6.20% |
| A APP APPLOVIN CORP | APPLOVIN CORP | Reduce 29.66% | 5.80% |
| L LPLA LPL Financial Holdings, Inc. | LPL Financial Holdings, Inc. | Add 20.48% | 5.46% |
| P PM Philip Morris International, Inc. | Philip Morris International, Inc. | Add 67.33% | 5.45% |
| B BN Brookfield Corp. | Brookfield Corp. | Add 81.12% | 5.08% |
| C CVNA CARVANA CO | CARVANA CO | Reduce 17.85% | 4.85% |
| M MSFT Microsoft | Microsoft | Reduce 34.84% | 4.55% |
| A AMZN Amazon.com | Amazon.com | Reduce 44.14% | 4.49% |
| C COF Capital One Financial Corp. | Capital One Financial Corp. | Reduce 16.59% | 3.97% |
| K KKR KKR & CO INC | KKR & CO INC | Reduce 21.85% | 3.86% |
| B AVGO Broadcom Limited | Broadcom Limited | Buy | 3.72% |
| T TLNE Talen Energy Corp | Talen Energy Corp | Add 9.47% | 3.69% |
| E EQT EQT Corporation | EQT Corporation | Add 11.22% | 3.31% |
| F FLUT Flutter Entertainment PLC | Flutter Entertainment PLC | Reduce 6.95% | 3.20% |
| V VMC Vulcan Materials Co. | Vulcan Materials Co. | Buy | 3.10% |
| N NU NU HLDGS LTD | NU HLDGS LTD | Buy | 2.96% |
| W WING WINGSTOP INC | WINGSTOP INC | Buy | 2.73% |
| A APH Amphenol | Amphenol | Buy | 2.72% |
| S SE SEA LTD | SEA LTD | Buy | 2.43% |
| C CIEN CIENA CORP | CIENA CORP | Buy | 2.13% |
| E ETSY ETSY INC | ETSY INC | Buy | 1.87% |
| B BKNG Booking Holdings, Inc. | Booking Holdings, Inc. | Reduce 48.06% | 1.22% |
 S CRM SALESFORCE INC | SALESFORCE INC | Sold | 0.00% |
 I INTU Intuit | Intuit | Sold | 0.00% |
| A ASML ASML HOLDING N V | ASML HOLDING N V | Sold | 0.00% |
 W WIX WIX COM LTD | WIX COM LTD | Sold | 0.00% |
 U UNH UnitedHealth Group | UnitedHealth Group | Sold | 0.00% |
| Stock 26 | Company | Activity i Type and magnitude of change in this position | % Change to Portfolio i Impact of this position change on the overall portfolio allocation |
|---|---|---|---|
| V VST Vistra Corp. | Vistra Corp. | Add 40.50% | 8.92% |
| M META Meta Platforms, Inc. | Meta Platforms, Inc. | Reduce 5.29% | 8.75% |
| A AMZN Amazon.com | Amazon.com | Add 15.64% | 7.86% |
| M MSFT Microsoft | Microsoft | Reduce 5.38% | 6.57% |
| T TSM Taiwan Semiconductor | Taiwan Semiconductor | Reduce 11.11% | 5.54% |
| C CVNA CARVANA CO | CARVANA CO | Reduce 20.35% | 5.15% |
| L LPLA LPL Financial Holdings, Inc. | LPL Financial Holdings, Inc. | Add 6.14% | 5.00% |
| K KKR KKR & CO INC | KKR & CO INC | Add 9.61% | 4.94% |
| C COF Capital One Financial Corp. | Capital One Financial Corp. | Reduce 3.01% | 4.66% |
| I INTU Intuit | Intuit | Reduce 45.03% | 4.33% |
| A APP APPLOVIN CORP | APPLOVIN CORP | Reduce 17.42% | 3.93% |
| F FLUT Flutter Entertainment PLC | Flutter Entertainment PLC | Reduce 16.09% | 3.79% |
| U UNH UnitedHealth Group | UnitedHealth Group | Buy | 3.76% |
| S SBUX Starbucks | Starbucks | Reduce 15.83% | 3.63% |
| S CRM SALESFORCE INC | SALESFORCE INC | Add 7.59% | 3.62% |
| P PM Philip Morris International, Inc. | Philip Morris International, Inc. | Reduce 8.34% | 3.57% |
| A ASML ASML HOLDING N V | ASML HOLDING N V | Reduce 2.67% | 3.23% |
| E EQT EQT Corporation | EQT Corporation | Buy | 3.12% |
| B BN Brookfield Corp. | Brookfield Corp. | Buy | 2.47% |
| B BKNG Booking Holdings, Inc. | Booking Holdings, Inc. | Buy | 2.47% |
| W WIX WIX COM LTD | WIX COM LTD | Buy | 2.44% |
 C CDNS Cadence Design Systems, Inc. | Cadence Design Systems, Inc. | Sold | 0.00% |
 E LLY Eli Lilly | Eli Lilly | Sold | 0.00% |
 T TOL Toll Brothers, Inc. (TOL) | Toll Brothers, Inc. (TOL) | Sold | 0.00% |
 A ARES ARES MANAGEMENT CORPORATION | ARES MANAGEMENT CORPORATION | Sold | 0.00% |
| W WING WINGSTOP INC | WINGSTOP INC | Sold | 0.00% |
| Stock 33 | Company | Activity i Type and magnitude of change in this position | % Change to Portfolio i Impact of this position change on the overall portfolio allocation |
|---|---|---|---|
| M META Meta Platforms, Inc. | Meta Platforms, Inc. | Reduce 13.69% | 8.75% |
| I INTU Intuit | Intuit | Add 21.36% | 7.44% |
| A AMZN Amazon.com | Amazon.com | Add 14.88% | 7.15% |
| M MSFT Microsoft | Microsoft | Add 19.55% | 6.36% |
| S SBUX Starbucks | Starbucks | Add 2.05% | 5.60% |
| T TSM Taiwan Semiconductor | Taiwan Semiconductor | Add 2.79% | 5.54% |
| L LPLA LPL Financial Holdings, Inc. | LPL Financial Holdings, Inc. | Reduce 8.26% | 4.98% |
| C COF Capital One Financial Corp. | Capital One Financial Corp. | Reduce 1.84% | 4.92% |
| C CVNA CARVANA CO | CARVANA CO | Buy | 4.87% |
| K KKR KKR & CO INC | KKR & CO INC | Add 17.68% | 4.76% |
| V VST Vistra Corp. | Vistra Corp. | Reduce 13.98% | 4.67% |
| A APP APPLOVIN CORP | APPLOVIN CORP | Add 75.98% | 4.37% |
| F FLUT Flutter Entertainment PLC | Flutter Entertainment PLC | Add 16.07% | 4.25% |
| P PM Philip Morris International, Inc. | Philip Morris International, Inc. | Reduce 53.49% | 4.12% |
| S CRM SALESFORCE INC | SALESFORCE INC | Add 10.64% | 4.01% |
| E LLY Eli Lilly | Eli Lilly | Reduce 29.51% | 3.94% |
| T TOL Toll Brothers, Inc. (TOL) | Toll Brothers, Inc. (TOL) | Buy | 3.47% |
| A ASML ASML HOLDING N V | ASML HOLDING N V | Add 31.84% | 3.33% |
| C CDNS Cadence Design Systems, Inc. | Cadence Design Systems, Inc. | Buy | 2.68% |
| A ARES ARES MANAGEMENT CORPORATION | ARES MANAGEMENT CORPORATION | Reduce 4.33% | 2.03% |
| W WING WINGSTOP INC | WINGSTOP INC | Buy | 0.87% |
 W WDAY WORKDAY INC | WORKDAY INC | Sold | 0.00% |
 H HWM HOWMET AEROSPACE INC | HOWMET AEROSPACE INC | Sold | 0.00% |
 T WULF TERAWULF INC | TERAWULF INC | Sold | 0.00% |
 C CEG Constellation Energy Group | Constellation Energy Group | Sold | 0.00% |
 H HUT HUT 8 CORP | HUT 8 CORP | Sold | 0.00% |
 B SQ BLOCK INC | BLOCK INC | Sold | 0.00% |
 B BTDR BITDEER TECHNOLOGIES GROUP | BITDEER TECHNOLOGIES GROUP | Sold | 0.00% |
 C CIFR CIPHER MINING INC | CIPHER MINING INC | Sold | 0.00% |
 I IREN IRIS ENERGY LTD | IRIS ENERGY LTD | Sold | 0.00% |
 L LEN Lennar Corporation | Lennar Corporation | Sold | 0.00% |
| S SPOT SPOTIFY TECHNOLOGY S A | SPOTIFY TECHNOLOGY S A | Sold | 0.00% |
 P 69370C PTC Inc | PTC Inc | Sold | 0.00% |
| Stock 31 | Company | Activity i Type and magnitude of change in this position | % Change to Portfolio i Impact of this position change on the overall portfolio allocation |
|---|---|---|---|
| M META Meta Platforms, Inc. | Meta Platforms, Inc. | Add 7.70% | 8.86% |
| A AMZN Amazon.com | Amazon.com | Reduce 30.89% | 6.17% |
| P PM Philip Morris International, Inc. | Philip Morris International, Inc. | Add 44.36% | 5.78% |
| T TSM Taiwan Semiconductor | Taiwan Semiconductor | Reduce 10.74% | 5.51% |
| V VST Vistra Corp. | Vistra Corp. | Reduce 21.35% | 5.48% |
| I INTU Intuit | Intuit | Add 25.55% | 5.40% |
| M MSFT Microsoft | Microsoft | Reduce 0.97% | 5.13% |
| L LPLA LPL Financial Holdings, Inc. | LPL Financial Holdings, Inc. | Reduce 11.81% | 4.66% |
| E LLY Eli Lilly | Eli Lilly | Buy | 4.49% |
| K KKR KKR & CO INC | KKR & CO INC | Reduce 10.49% | 4.45% |
| S SBUX Starbucks | Starbucks | Add 59.84% | 4.39% |
| C COF Capital One Financial Corp. | Capital One Financial Corp. | Buy | 4.29% |
| S CRM SALESFORCE INC | SALESFORCE INC | Reduce 33.05% | 3.89% |
| F FLUT Flutter Entertainment PLC | Flutter Entertainment PLC | Buy | 3.67% |
| P 69370C PTC Inc | PTC Inc | Reduce 8.71% | 3.18% |
| S SPOT SPOTIFY TECHNOLOGY S A | SPOTIFY TECHNOLOGY S A | Reduce 41.16% | 3.04% |
| W WDAY WORKDAY INC | WORKDAY INC | Reduce 3.80% | 2.96% |
| C CEG Constellation Energy Group | Constellation Energy Group | Reduce 27.43% | 2.89% |
| A APP APPLOVIN CORP | APPLOVIN CORP | Reduce 54.21% | 2.61% |
| B SQ BLOCK INC | BLOCK INC | Reduce 50.91% | 2.38% |
| A ASML ASML HOLDING N V | ASML HOLDING N V | Reduce 19.87% | 2.27% |
| A ARES ARES MANAGEMENT CORPORATION | ARES MANAGEMENT CORPORATION | Reduce 18.27% | 2.20% |
| L LEN Lennar Corporation | Lennar Corporation | Reduce 41.32% | 1.74% |
| T TLNE Talen Energy Corp | Talen Energy Corp | Add 27.23% | 1.63% |
| B BTDR BITDEER TECHNOLOGIES GROUP | BITDEER TECHNOLOGIES GROUP | Reduce 23.98% | 0.16% |
| H HUT HUT 8 CORP | HUT 8 CORP | Reduce 43.80% | 0.11% |
| C CIFR CIPHER MINING INC | CIPHER MINING INC | Buy | 0.08% |
| T WULF TERAWULF INC | TERAWULF INC | Reduce 51.73% | 0.06% |
 G GEV GE Vernova, Inc. | GE Vernova, Inc. | Sold | 0.00% |
| U UNH UnitedHealth Group | UnitedHealth Group | Sold | 0.00% |
| B BKNG Booking Holdings, Inc. | Booking Holdings, Inc. | Sold | 0.00% |
| Stock 31 | Company | Activity i Type and magnitude of change in this position | % Change to Portfolio i Impact of this position change on the overall portfolio allocation |
|---|---|---|---|
| M META Meta Platforms, Inc. | Meta Platforms, Inc. | Add 35.63% | 8.08% |
| A AMZN Amazon.com | Amazon.com | Add 23.24% | 7.62% |
| V VST Vistra Corp. | Vistra Corp. | Reduce 0.46% | 6.02% |
| T TSM Taiwan Semiconductor | Taiwan Semiconductor | Reduce 29.81% | 5.46% |
| M MSFT Microsoft | Microsoft | Reduce 18.04% | 5.31% |
| S CRM SALESFORCE INC | SALESFORCE INC | Buy | 4.77% |
| C CEG Constellation Energy Group | Constellation Energy Group | Add 49.18% | 4.64% |
| K KKR KKR & CO INC | KKR & CO INC | Reduce 29.17% | 4.41% |
| I INTU Intuit | Intuit | Add 2.10% | 4.27% |
| S SPOT SPOTIFY TECHNOLOGY S A | SPOTIFY TECHNOLOGY S A | Reduce 7.99% | 4.27% |
| L LEN Lennar Corporation | Lennar Corporation | Buy | 4.09% |
| P PM Philip Morris International, Inc. | Philip Morris International, Inc. | Reduce 32.84% | 4.06% |
| L LPLA LPL Financial Holdings, Inc. | LPL Financial Holdings, Inc. | Add 29.38% | 3.78% |
| U UNH UnitedHealth Group | UnitedHealth Group | Reduce 12.97% | 3.58% |
| A ASML ASML HOLDING N V | ASML HOLDING N V | Reduce 6.22% | 3.43% |
| S SBUX Starbucks | Starbucks | Buy | 2.95% |
| W WDAY WORKDAY INC | WORKDAY INC | Buy | 2.93% |
| B BKNG Booking Holdings, Inc. | Booking Holdings, Inc. | Reduce 27.35% | 2.40% |
| A ARES ARES MANAGEMENT CORPORATION | ARES MANAGEMENT CORPORATION | Add 30.29% | 2.39% |
| A APP APPLOVIN CORP | APPLOVIN CORP | Reduce 58.44% | 2.31% |
| H HWM HOWMET AEROSPACE INC | HOWMET AEROSPACE INC | Reduce 16.47% | 2.29% |
| G GEV GE Vernova, Inc. | GE Vernova, Inc. | Reduce 21.73% | 2.20% |
| T TLNE Talen Energy Corp | Talen Energy Corp | Buy | 1.14% |
| H HUT HUT 8 CORP | HUT 8 CORP | Buy | 0.11% |
| T WULF TERAWULF INC | TERAWULF INC | Buy | 0.11% |
| B BTDR BITDEER TECHNOLOGIES GROUP | BITDEER TECHNOLOGIES GROUP | Buy | 0.08% |
| I IREN IRIS ENERGY LTD | IRIS ENERGY LTD | Buy | 0.04% |
 A AVDX AVIDXCHANGE HOLDINGS INC | AVIDXCHANGE HOLDINGS INC | Sold | 0.00% |
| M MA MASTERCARD INCORPORATED | MASTERCARD INCORPORATED | Sold | 0.00% |
 M MCK MCKESSON CORP | MCKESSON CORP | Sold | 0.00% |
 B BBWI Bath & Body Works, Inc. | Bath & Body Works, Inc. | Sold | 0.00% |
| Stock 25 | Company | Activity i Type and magnitude of change in this position | % Change to Portfolio i Impact of this position change on the overall portfolio allocation |
|---|---|---|---|
| T TSM Taiwan Semiconductor | Taiwan Semiconductor | Reduce 2.76% | 8.46% |
| M MSFT Microsoft | Microsoft | Add 4.68% | 7.32% |
| A AMZN Amazon.com | Amazon.com | Reduce 1.01% | 6.97% |
| M META Meta Platforms, Inc. | Meta Platforms, Inc. | Reduce 34.77% | 5.70% |
| K KKR KKR & CO INC | KKR & CO INC | Reduce 8.68% | 5.45% |
| A ASML ASML HOLDING N V | ASML HOLDING N V | Add 19.00% | 4.88% |
| V VST Vistra Corp. | Vistra Corp. | Add 6.63% | 4.77% |
| B SQ BLOCK INC | BLOCK INC | Add 13.87% | 4.01% |
| U UNH UnitedHealth Group | UnitedHealth Group | Buy | 3.90% |
| A APP APPLOVIN CORP | APPLOVIN CORP | Add 7.20% | 3.85% |
| P 69370C PTC Inc | PTC Inc | Reduce 14.14% | 3.75% |
| M MA MASTERCARD INCORPORATED | MASTERCARD INCORPORATED | Add 53.37% | 3.73% |
| B BBWI Bath & Body Works, Inc. | Bath & Body Works, Inc. | Add 15.84% | 3.58% |
| B BKNG Booking Holdings, Inc. | Booking Holdings, Inc. | Add 0.85% | 3.38% |
| C CEG Constellation Energy Group | Constellation Energy Group | Add 83.22% | 2.61% |
| H HWM HOWMET AEROSPACE INC | HOWMET AEROSPACE INC | Buy | 2.31% |
| G GEV GE Vernova, Inc. | GE Vernova, Inc. | Buy | 2.05% |
| A ARES ARES MANAGEMENT CORPORATION | ARES MANAGEMENT CORPORATION | Buy | 1.70% |
| A AVDX AVIDXCHANGE HOLDINGS INC | AVIDXCHANGE HOLDINGS INC | Reduce 0.05% | 0.50% |
| W WDAY WORKDAY INC | WORKDAY INC | Sold | 0.00% |
 L LYV Live Nation Entertainment, Inc. | Live Nation Entertainment, Inc. | Sold | 0.00% |
 E EPAM EPAM SYSTEMS INC | EPAM SYSTEMS INC | Sold | 0.00% |
| S CRM SALESFORCE INC | SALESFORCE INC | Sold | 0.00% |
 I IBN ICICI Bank, Ltd. | ICICI Bank, Ltd. | Sold | 0.00% |
 D DKS DICKS SPORTING GOODS INC | DICKS SPORTING GOODS INC | Sold | 0.00% |
| Stock 29 | Company | Activity i Type and magnitude of change in this position | % Change to Portfolio i Impact of this position change on the overall portfolio allocation |
|---|---|---|---|
| M META Meta Platforms, Inc. | Meta Platforms, Inc. | Reduce 25.61% | 8.19% |
| T TSM Taiwan Semiconductor | Taiwan Semiconductor | Reduce 11.16% | 6.63% |
| M MSFT Microsoft | Microsoft | Add 6.52% | 6.41% |
| A AMZN Amazon.com | Amazon.com | Reduce 17.77% | 6.40% |
| S CRM SALESFORCE INC | SALESFORCE INC | Reduce 3.98% | 5.71% |
| K KKR KKR & CO INC | KKR & CO INC | Add 12.30% | 5.55% |
| P PM Philip Morris International, Inc. | Philip Morris International, Inc. | Add 121.94% | 4.82% |
| I INTU Intuit | Intuit | Add 20.56% | 4.63% |
| B SQ BLOCK INC | BLOCK INC | Add 1.96% | 4.50% |
| P 69370C PTC Inc | PTC Inc | Reduce 6.27% | 4.43% |
| B BBWI Bath & Body Works, Inc. | Bath & Body Works, Inc. | Reduce 6.52% | 3.86% |
| A ASML ASML HOLDING N V | ASML HOLDING N V | Add 14.95% | 3.78% |
| V VST Vistra Corp. | Vistra Corp. | Buy | 3.52% |
| S SPOT SPOTIFY TECHNOLOGY S A | SPOTIFY TECHNOLOGY S A | Buy | 3.51% |
| L LPLA LPL Financial Holdings, Inc. | LPL Financial Holdings, Inc. | Reduce 8.43% | 3.51% |
| W WDAY WORKDAY INC | WORKDAY INC | Reduce 8.60% | 3.05% |
| B BKNG Booking Holdings, Inc. | Booking Holdings, Inc. | Reduce 31.61% | 2.99% |
| A APP APPLOVIN CORP | APPLOVIN CORP | Buy | 2.91% |
| L LYV Live Nation Entertainment, Inc. | Live Nation Entertainment, Inc. | Reduce 3.82% | 2.69% |
| M MA MASTERCARD INCORPORATED | MASTERCARD INCORPORATED | Reduce 38.19% | 2.59% |
| M MCK MCKESSON CORP | MCKESSON CORP | Buy | 2.38% |
| D DKS DICKS SPORTING GOODS INC | DICKS SPORTING GOODS INC | Reduce 58.98% | 2.13% |
| E EPAM EPAM SYSTEMS INC | EPAM SYSTEMS INC | Add 9.37% | 2.03% |
| I IBN ICICI Bank, Ltd. | ICICI Bank, Ltd. | Reduce 19.93% | 2.01% |
| C CEG Constellation Energy Group | Constellation Energy Group | Buy | 1.28% |
| U UNH UnitedHealth Group | UnitedHealth Group | Sold | 0.00% |
 G GE General Electric Co. | General Electric Co. | Sold | 0.00% |
 H HDB HDFC Bank, Ltd. | HDFC Bank, Ltd. | Sold | 0.00% |
 B BX Blackstone Group | Blackstone Group | Sold | 0.00% |
| Stock 21 | Company | Activity i Type and magnitude of change in this position | % Change to Portfolio i Impact of this position change on the overall portfolio allocation |
|---|---|---|---|
| M META Meta Platforms, Inc. | Meta Platforms, Inc. | Add 3.40% | 8.80% |
| T TSM Taiwan Semiconductor | Taiwan Semiconductor | Reduce 10.93% | 6.25% |
| B BKNG Booking Holdings, Inc. | Booking Holdings, Inc. | Add 2.04% | 4.68% |
| K KKR KKR & CO INC | KKR & CO INC | Reduce 5.15% | 4.46% |
| B SQ BLOCK INC | BLOCK INC | Add 70.00% | 4.42% |
| M MA MASTERCARD INCORPORATED | MASTERCARD INCORPORATED | Reduce 36.97% | 4.06% |
| I INTU Intuit | Intuit | Buy | 4.05% |
| B BBWI Bath & Body Works, Inc. | Bath & Body Works, Inc. | Add 20.01% | 3.90% |
| D DKS DICKS SPORTING GOODS INC | DICKS SPORTING GOODS INC | Add 0.02% | 3.72% |
| W WDAY WORKDAY INC | WORKDAY INC | Reduce 40.00% | 3.70% |
| A ASML ASML HOLDING N V | ASML HOLDING N V | Add 12.96% | 2.81% |
| L LYV Live Nation Entertainment, Inc. | Live Nation Entertainment, Inc. | Reduce 9.91% | 2.71% |
| B BX Blackstone Group | Blackstone Group | Buy | 2.51% |
| P PM Philip Morris International, Inc. | Philip Morris International, Inc. | Buy | 2.45% |
| G GE General Electric Co. | General Electric Co. | Buy | 2.32% |
| E EPAM EPAM SYSTEMS INC | EPAM SYSTEMS INC | Reduce 19.35% | 2.19% |
 A GOOGL ALPHABET INC | ALPHABET INC | Sold | 0.00% |
 T TPX Tempur Sealy International | Tempur Sealy International | Sold | 0.00% |
| T TDG TRANSDIGM GROUP INC | TRANSDIGM GROUP INC | Sold | 0.00% |
 F FND FLOOR & DECOR HLDGS INC | FLOOR & DECOR HLDGS INC | Sold | 0.00% |
 B BILL BILL HOLDINGS INC | BILL HOLDINGS INC | Sold | 0.00% |
| Stock 28 | Company | Activity i Type and magnitude of change in this position | % Change to Portfolio i Impact of this position change on the overall portfolio allocation |
|---|---|---|---|
| M META Meta Platforms, Inc. | Meta Platforms, Inc. | Buy | 8.04% |
| A AMZN Amazon.com | Amazon.com | Add 11.63% | 6.70% |
| M MA MASTERCARD INCORPORATED | MASTERCARD INCORPORATED | Add 48.40% | 6.67% |
| T TSM Taiwan Semiconductor | Taiwan Semiconductor | Add 21.68% | 6.53% |
| M MSFT Microsoft | Microsoft | Reduce 27.59% | 5.52% |
| S CRM SALESFORCE INC | SALESFORCE INC | Add 47.47% | 4.89% |
| B BKNG Booking Holdings, Inc. | Booking Holdings, Inc. | Reduce 29.02% | 4.44% |
| P 69370C PTC Inc | PTC Inc | Reduce 0.03% | 4.33% |
| L LPLA LPL Financial Holdings, Inc. | LPL Financial Holdings, Inc. | Reduce 8.13% | 4.22% |
| A GOOGL ALPHABET INC | ALPHABET INC | Buy | 3.93% |
| T TDG TRANSDIGM GROUP INC | TRANSDIGM GROUP INC | Reduce 25.09% | 3.55% |
| D DKS DICKS SPORTING GOODS INC | DICKS SPORTING GOODS INC | Reduce 10.53% | 3.06% |
| L LYV Live Nation Entertainment, Inc. | Live Nation Entertainment, Inc. | Reduce 6.54% | 2.97% |
| B BBWI Bath & Body Works, Inc. | Bath & Body Works, Inc. | Reduce 46.77% | 2.84% |
| B BILL BILL HOLDINGS INC | BILL HOLDINGS INC | Add 39.66% | 2.67% |
| H HDB HDFC Bank, Ltd. | HDFC Bank, Ltd. | Add 13.81% | 2.64% |
| E EPAM EPAM SYSTEMS INC | EPAM SYSTEMS INC | Add 9.18% | 2.60% |
| A ASML ASML HOLDING N V | ASML HOLDING N V | Reduce 17.49% | 2.16% |
| T TPX Tempur Sealy International | Tempur Sealy International | Buy | 1.99% |
| F FND FLOOR & DECOR HLDGS INC | FLOOR & DECOR HLDGS INC | Reduce 42.49% | 1.89% |
| B SQ BLOCK INC | BLOCK INC | Buy | 1.66% |
| V V Visa | Visa | Sold | 0.00% |
 M MQ MARQETA INC | MARQETA INC | Sold | 0.00% |
 N NVDA NVIDIA | NVIDIA | Sold | 0.00% |
 M MRNA MODERNA INC | MODERNA INC | Sold | 0.00% |
 S SG SWEETGREEN INC | SWEETGREEN INC | Sold | 0.00% |
 C LNG Cheniere Energy Inc | Cheniere Energy Inc | Sold | 0.00% |
 R RH RH | RH | Sold | 0.00% |
| Stock 19 | Company | Activity i Type and magnitude of change in this position | % Change to Portfolio i Impact of this position change on the overall portfolio allocation |
|---|---|---|---|
| M MSFT Microsoft | Microsoft | Reduce 6.61% | 7.81% |
| T TSM Taiwan Semiconductor | Taiwan Semiconductor | Reduce 21.67% | 5.93% |
| A AMZN Amazon.com | Amazon.com | Reduce 25.88% | 5.85% |
| B BBWI Bath & Body Works, Inc. | Bath & Body Works, Inc. | Reduce 16.40% | 5.62% |
| W WDAY WORKDAY INC | WORKDAY INC | Reduce 39.54% | 5.34% |
| B BKNG Booking Holdings, Inc. | Booking Holdings, Inc. | Add 2.91% | 5.21% |
| T TDG TRANSDIGM GROUP INC | TRANSDIGM GROUP INC | Reduce 16.58% | 4.78% |
| M MA MASTERCARD INCORPORATED | MASTERCARD INCORPORATED | Add 12.18% | 4.24% |
| P 69370C PTC Inc | PTC Inc | Add 18.13% | 4.13% |
| L LPLA LPL Financial Holdings, Inc. | LPL Financial Holdings, Inc. | Add 7.71% | 3.99% |
| D DKS DICKS SPORTING GOODS INC | DICKS SPORTING GOODS INC | Reduce 28.46% | 3.96% |
| F FND FLOOR & DECOR HLDGS INC | FLOOR & DECOR HLDGS INC | Add 24.22% | 3.58% |
| L LYV Live Nation Entertainment, Inc. | Live Nation Entertainment, Inc. | Buy | 3.32% |
| S CRM SALESFORCE INC | SALESFORCE INC | Reduce 16.72% | 3.28% |
| V V Visa | Visa | Reduce 16.25% | 2.70% |
| H HDB HDFC Bank, Ltd. | HDFC Bank, Ltd. | Add 36.43% | 2.61% |
| N NVDA NVIDIA | NVIDIA | Buy | 2.49% |
 V VAL VALARIS LTD | VALARIS LTD | Sold | 0.00% |
 A AMD ADVANCED MICRO DEVICES INC | ADVANCED MICRO DEVICES INC | Sold | 0.00% |
| Stock 27 | Company | Activity i Type and magnitude of change in this position | % Change to Portfolio i Impact of this position change on the overall portfolio allocation |
|---|---|---|---|
| W WDAY WORKDAY INC | WORKDAY INC | Reduce 8.64% | 8.16% |
| M MSFT Microsoft | Microsoft | Reduce 23.35% | 7.15% |
| T TSM Taiwan Semiconductor | Taiwan Semiconductor | Reduce 21.24% | 7.05% |
| B BBWI Bath & Body Works, Inc. | Bath & Body Works, Inc. | Reduce 5.16% | 6.63% |
| A AMZN Amazon.com | Amazon.com | Reduce 31.50% | 6.32% |
| D DKS DICKS SPORTING GOODS INC | DICKS SPORTING GOODS INC | Reduce 8.96% | 6.00% |
| B BKNG Booking Holdings, Inc. | Booking Holdings, Inc. | Reduce 7.16% | 5.02% |
| T TDG TRANSDIGM GROUP INC | TRANSDIGM GROUP INC | Reduce 9.91% | 4.77% |
| U UNH UnitedHealth Group | UnitedHealth Group | Reduce 16.21% | 3.90% |
| S CRM SALESFORCE INC | SALESFORCE INC | Add 270.73% | 3.76% |
| M MA MASTERCARD INCORPORATED | MASTERCARD INCORPORATED | Reduce 22.11% | 3.53% |
| L LPLA LPL Financial Holdings, Inc. | LPL Financial Holdings, Inc. | Reduce 7.36% | 3.48% |
| K KKR KKR & CO INC | KKR & CO INC | Buy | 3.19% |
| V V Visa | Visa | Reduce 28.83% | 3.10% |
| A ASML ASML HOLDING N V | ASML HOLDING N V | Add 95.24% | 2.91% |
| F FND FLOOR & DECOR HLDGS INC | FLOOR & DECOR HLDGS INC | Add 65.63% | 2.75% |
| E EPAM EPAM SYSTEMS INC | EPAM SYSTEMS INC | Add 60.17% | 2.67% |
| A AMD ADVANCED MICRO DEVICES INC | ADVANCED MICRO DEVICES INC | Reduce 27.53% | 2.57% |
| I IBN ICICI Bank, Ltd. | ICICI Bank, Ltd. | Add 2.99% | 2.41% |
| M MRNA MODERNA INC | MODERNA INC | Add 13.09% | 2.17% |
| H HDB HDFC Bank, Ltd. | HDFC Bank, Ltd. | Add 3.03% | 1.85% |
| B BILL BILL HOLDINGS INC | BILL HOLDINGS INC | Buy | 1.37% |
| V VAL VALARIS LTD | VALARIS LTD | Add 192.71% | 1.15% |
| M MQ MARQETA INC | MARQETA INC | Reduce 70.49% | 0.21% |
 F FCNCA First Citizens BancShares, Inc. | First Citizens BancShares, Inc. | Sold | 0.00% |
 E EFX EQUIFAX INC | EQUIFAX INC | Sold | 0.00% |
 T TMO Thermo Fisher Scientific | Thermo Fisher Scientific | Sold | 0.00% |
Q1 2026
| Stock 38 | Company | Activity i Type and magnitude of change in this position | % Change to Portfolio i Impact of this position change on the overall portfolio allocation |
|---|---|---|---|
| V VST Vistra Corp. | Vistra Corp. | Add 10.91% | 6.18% |
| C CVNA CARVANA CO | CARVANA CO | Add 0.80% | 5.52% |
| L LPLA LPL Financial Holdings, Inc. | LPL Financial Holdings, Inc. | Reduce 8.01% | 5.44% |
| B BN Brookfield Corp. | Brookfield Corp. | Add 56.40% | 5.37% |
| A ASML ASML HOLDING N V | ASML HOLDING N V | Buy | 4.76% |
| K KKR KKR & CO INC | KKR & CO INC | Add 22.56% | 4.68% |
| B AVGO Broadcom Limited | Broadcom Limited | Add 11.67% | 4.40% |
| M MSFT Microsoft | Microsoft | Add 2.11% | 4.38% |
| D DASH Doordash Inc Cl A | Doordash Inc Cl A | Buy | 4.21% |
| A AMZN Amazon.com | Amazon.com | Reduce 14.13% | 4.09% |
| C COF Capital One Financial Corp. | Capital One Financial Corp. | Reduce 10.69% | 4.09% |
| A APP APPLOVIN CORP | APPLOVIN CORP | Reduce 29.63% | 3.86% |
| N NU NU HLDGS LTD | NU HLDGS LTD | Add 16.62% | 3.64% |
| M MDLN MEDLINE INC | MEDLINE INC | Buy | 3.62% |
| T TLNE Talen Energy Corp | Talen Energy Corp | Add 8.39% | 3.56% |
| V VMC Vulcan Materials Co. | Vulcan Materials Co. | Add 21.62% | 3.53% |
| P PM Philip Morris International, Inc. | Philip Morris International, Inc. | Reduce 42.71% | 3.12% |
| C CRS CARPENTER TECHNOLOGY CORP | CARPENTER TECHNOLOGY CORP | Buy | 3.04% |
| W WING WINGSTOP INC | WINGSTOP INC | Add 6.97% | 2.80% |
| A APH Amphenol | Amphenol | Reduce 7.06% | 2.79% |
| T THC TENET HEALTHCARE CORP | TENET HEALTHCARE CORP | Buy | 2.61% |
| C CLH CLEAN HARBORS INC | CLEAN HARBORS INC | Buy | 2.37% |
| A AFRM AFFIRM HLDGS INC | AFFIRM HLDGS INC | Buy | 2.09% |
| E ENTG Entegris | Entegris | Buy | 1.89% |
| M MA MASTERCARD INCORPORATED | MASTERCARD INCORPORATED | Buy | 0.40% |
| T TDG TRANSDIGM GROUP INC | TRANSDIGM GROUP INC | Buy | 0.19% |
| B BKNG Booking Holdings, Inc. | Booking Holdings, Inc. | Reduce 85.14% | 0.18% |
| B BSX Boston Scientific Corp. | Boston Scientific Corp. | Buy | 0.14% |
| H HLT HILTON WORLDWIDE HLDGS INC | HILTON WORLDWIDE HLDGS INC | Buy | 0.12% |
| S SPOT SPOTIFY TECHNOLOGY S A | SPOTIFY TECHNOLOGY S A | Buy | 0.08% |
| V V Visa | Visa | Buy | 0.04% |
| E EQT EQT Corporation | EQT Corporation | Sold | 0.00% |
| C CIEN CIENA CORP | CIENA CORP | Sold | 0.00% |
| M META Meta Platforms, Inc. | Meta Platforms, Inc. | Sold | 0.00% |
| S SE SEA LTD | SEA LTD | Sold | 0.00% |
| E ETSY ETSY INC | ETSY INC | Sold | 0.00% |
| F FLUT Flutter Entertainment PLC | Flutter Entertainment PLC | Sold | 0.00% |
| S SBUX Starbucks | Starbucks | Sold | 0.00% |
Q4 2025
| Stock 29 | Company | Activity i Type and magnitude of change in this position | % Change to Portfolio i Impact of this position change on the overall portfolio allocation |
|---|---|---|---|
| M META Meta Platforms, Inc. | Meta Platforms, Inc. | Reduce 20.59% | 7.07% |
| V VST Vistra Corp. | Vistra Corp. | Reduce 27.37% | 6.70% |
| T TSM Taiwan Semiconductor | Taiwan Semiconductor | Reduce 11.16% | 6.20% |
| A APP APPLOVIN CORP | APPLOVIN CORP | Reduce 29.66% | 5.80% |
| L LPLA LPL Financial Holdings, Inc. | LPL Financial Holdings, Inc. | Add 20.48% | 5.46% |
| P PM Philip Morris International, Inc. | Philip Morris International, Inc. | Add 67.33% | 5.45% |
| B BN Brookfield Corp. | Brookfield Corp. | Add 81.12% | 5.08% |
| C CVNA CARVANA CO | CARVANA CO | Reduce 17.85% | 4.85% |
| M MSFT Microsoft | Microsoft | Reduce 34.84% | 4.55% |
| A AMZN Amazon.com | Amazon.com | Reduce 44.14% | 4.49% |
| C COF Capital One Financial Corp. | Capital One Financial Corp. | Reduce 16.59% | 3.97% |
| K KKR KKR & CO INC | KKR & CO INC | Reduce 21.85% | 3.86% |
| B AVGO Broadcom Limited | Broadcom Limited | Buy | 3.72% |
| T TLNE Talen Energy Corp | Talen Energy Corp | Add 9.47% | 3.69% |
| E EQT EQT Corporation | EQT Corporation | Add 11.22% | 3.31% |
| F FLUT Flutter Entertainment PLC | Flutter Entertainment PLC | Reduce 6.95% | 3.20% |
| V VMC Vulcan Materials Co. | Vulcan Materials Co. | Buy | 3.10% |
| N NU NU HLDGS LTD | NU HLDGS LTD | Buy | 2.96% |
| W WING WINGSTOP INC | WINGSTOP INC | Buy | 2.73% |
| A APH Amphenol | Amphenol | Buy | 2.72% |
| S SE SEA LTD | SEA LTD | Buy | 2.43% |
| C CIEN CIENA CORP | CIENA CORP | Buy | 2.13% |
| E ETSY ETSY INC | ETSY INC | Buy | 1.87% |
| B BKNG Booking Holdings, Inc. | Booking Holdings, Inc. | Reduce 48.06% | 1.22% |
| S CRM SALESFORCE INC | SALESFORCE INC | Sold | 0.00% |
| I INTU Intuit | Intuit | Sold | 0.00% |
| A ASML ASML HOLDING N V | ASML HOLDING N V | Sold | 0.00% |
| W WIX WIX COM LTD | WIX COM LTD | Sold | 0.00% |
| U UNH UnitedHealth Group | UnitedHealth Group | Sold | 0.00% |
Q3 2025
| Stock 26 | Company | Activity i Type and magnitude of change in this position | % Change to Portfolio i Impact of this position change on the overall portfolio allocation |
|---|---|---|---|
| V VST Vistra Corp. | Vistra Corp. | Add 40.50% | 8.92% |
| M META Meta Platforms, Inc. | Meta Platforms, Inc. | Reduce 5.29% | 8.75% |
| A AMZN Amazon.com | Amazon.com | Add 15.64% | 7.86% |
| M MSFT Microsoft | Microsoft | Reduce 5.38% | 6.57% |
| T TSM Taiwan Semiconductor | Taiwan Semiconductor | Reduce 11.11% | 5.54% |
| C CVNA CARVANA CO | CARVANA CO | Reduce 20.35% | 5.15% |
| L LPLA LPL Financial Holdings, Inc. | LPL Financial Holdings, Inc. | Add 6.14% | 5.00% |
| K KKR KKR & CO INC | KKR & CO INC | Add 9.61% | 4.94% |
| C COF Capital One Financial Corp. | Capital One Financial Corp. | Reduce 3.01% | 4.66% |
| I INTU Intuit | Intuit | Reduce 45.03% | 4.33% |
| A APP APPLOVIN CORP | APPLOVIN CORP | Reduce 17.42% | 3.93% |
| F FLUT Flutter Entertainment PLC | Flutter Entertainment PLC | Reduce 16.09% | 3.79% |
| U UNH UnitedHealth Group | UnitedHealth Group | Buy | 3.76% |
| S SBUX Starbucks | Starbucks | Reduce 15.83% | 3.63% |
| S CRM SALESFORCE INC | SALESFORCE INC | Add 7.59% | 3.62% |
| P PM Philip Morris International, Inc. | Philip Morris International, Inc. | Reduce 8.34% | 3.57% |
| A ASML ASML HOLDING N V | ASML HOLDING N V | Reduce 2.67% | 3.23% |
| E EQT EQT Corporation | EQT Corporation | Buy | 3.12% |
| B BN Brookfield Corp. | Brookfield Corp. | Buy | 2.47% |
| B BKNG Booking Holdings, Inc. | Booking Holdings, Inc. | Buy | 2.47% |
| W WIX WIX COM LTD | WIX COM LTD | Buy | 2.44% |
| C CDNS Cadence Design Systems, Inc. | Cadence Design Systems, Inc. | Sold | 0.00% |
| E LLY Eli Lilly | Eli Lilly | Sold | 0.00% |
| T TOL Toll Brothers, Inc. (TOL) | Toll Brothers, Inc. (TOL) | Sold | 0.00% |
| A ARES ARES MANAGEMENT CORPORATION | ARES MANAGEMENT CORPORATION | Sold | 0.00% |
| W WING WINGSTOP INC | WINGSTOP INC | Sold | 0.00% |
Q2 2025
| Stock 33 | Company | Activity i Type and magnitude of change in this position | % Change to Portfolio i Impact of this position change on the overall portfolio allocation |
|---|---|---|---|
| M META Meta Platforms, Inc. | Meta Platforms, Inc. | Reduce 13.69% | 8.75% |
| I INTU Intuit | Intuit | Add 21.36% | 7.44% |
| A AMZN Amazon.com | Amazon.com | Add 14.88% | 7.15% |
| M MSFT Microsoft | Microsoft | Add 19.55% | 6.36% |
| S SBUX Starbucks | Starbucks | Add 2.05% | 5.60% |
| T TSM Taiwan Semiconductor | Taiwan Semiconductor | Add 2.79% | 5.54% |
| L LPLA LPL Financial Holdings, Inc. | LPL Financial Holdings, Inc. | Reduce 8.26% | 4.98% |
| C COF Capital One Financial Corp. | Capital One Financial Corp. | Reduce 1.84% | 4.92% |
| C CVNA CARVANA CO | CARVANA CO | Buy | 4.87% |
| K KKR KKR & CO INC | KKR & CO INC | Add 17.68% | 4.76% |
| V VST Vistra Corp. | Vistra Corp. | Reduce 13.98% | 4.67% |
| A APP APPLOVIN CORP | APPLOVIN CORP | Add 75.98% | 4.37% |
| F FLUT Flutter Entertainment PLC | Flutter Entertainment PLC | Add 16.07% | 4.25% |
| P PM Philip Morris International, Inc. | Philip Morris International, Inc. | Reduce 53.49% | 4.12% |
| S CRM SALESFORCE INC | SALESFORCE INC | Add 10.64% | 4.01% |
| E LLY Eli Lilly | Eli Lilly | Reduce 29.51% | 3.94% |
| T TOL Toll Brothers, Inc. (TOL) | Toll Brothers, Inc. (TOL) | Buy | 3.47% |
| A ASML ASML HOLDING N V | ASML HOLDING N V | Add 31.84% | 3.33% |
| C CDNS Cadence Design Systems, Inc. | Cadence Design Systems, Inc. | Buy | 2.68% |
| A ARES ARES MANAGEMENT CORPORATION | ARES MANAGEMENT CORPORATION | Reduce 4.33% | 2.03% |
| W WING WINGSTOP INC | WINGSTOP INC | Buy | 0.87% |
| W WDAY WORKDAY INC | WORKDAY INC | Sold | 0.00% |
| H HWM HOWMET AEROSPACE INC | HOWMET AEROSPACE INC | Sold | 0.00% |
| T WULF TERAWULF INC | TERAWULF INC | Sold | 0.00% |
| C CEG Constellation Energy Group | Constellation Energy Group | Sold | 0.00% |
| H HUT HUT 8 CORP | HUT 8 CORP | Sold | 0.00% |
| B SQ BLOCK INC | BLOCK INC | Sold | 0.00% |
| B BTDR BITDEER TECHNOLOGIES GROUP | BITDEER TECHNOLOGIES GROUP | Sold | 0.00% |
| C CIFR CIPHER MINING INC | CIPHER MINING INC | Sold | 0.00% |
| I IREN IRIS ENERGY LTD | IRIS ENERGY LTD | Sold | 0.00% |
| L LEN Lennar Corporation | Lennar Corporation | Sold | 0.00% |
| S SPOT SPOTIFY TECHNOLOGY S A | SPOTIFY TECHNOLOGY S A | Sold | 0.00% |
| P 69370C PTC Inc | PTC Inc | Sold | 0.00% |
Q1 2025
| Stock 31 | Company | Activity i Type and magnitude of change in this position | % Change to Portfolio i Impact of this position change on the overall portfolio allocation |
|---|---|---|---|
| M META Meta Platforms, Inc. | Meta Platforms, Inc. | Add 7.70% | 8.86% |
| A AMZN Amazon.com | Amazon.com | Reduce 30.89% | 6.17% |
| P PM Philip Morris International, Inc. | Philip Morris International, Inc. | Add 44.36% | 5.78% |
| T TSM Taiwan Semiconductor | Taiwan Semiconductor | Reduce 10.74% | 5.51% |
| V VST Vistra Corp. | Vistra Corp. | Reduce 21.35% | 5.48% |
| I INTU Intuit | Intuit | Add 25.55% | 5.40% |
| M MSFT Microsoft | Microsoft | Reduce 0.97% | 5.13% |
| L LPLA LPL Financial Holdings, Inc. | LPL Financial Holdings, Inc. | Reduce 11.81% | 4.66% |
| E LLY Eli Lilly | Eli Lilly | Buy | 4.49% |
| K KKR KKR & CO INC | KKR & CO INC | Reduce 10.49% | 4.45% |
| S SBUX Starbucks | Starbucks | Add 59.84% | 4.39% |
| C COF Capital One Financial Corp. | Capital One Financial Corp. | Buy | 4.29% |
| S CRM SALESFORCE INC | SALESFORCE INC | Reduce 33.05% | 3.89% |
| F FLUT Flutter Entertainment PLC | Flutter Entertainment PLC | Buy | 3.67% |
| P 69370C PTC Inc | PTC Inc | Reduce 8.71% | 3.18% |
| S SPOT SPOTIFY TECHNOLOGY S A | SPOTIFY TECHNOLOGY S A | Reduce 41.16% | 3.04% |
| W WDAY WORKDAY INC | WORKDAY INC | Reduce 3.80% | 2.96% |
| C CEG Constellation Energy Group | Constellation Energy Group | Reduce 27.43% | 2.89% |
| A APP APPLOVIN CORP | APPLOVIN CORP | Reduce 54.21% | 2.61% |
| B SQ BLOCK INC | BLOCK INC | Reduce 50.91% | 2.38% |
| A ASML ASML HOLDING N V | ASML HOLDING N V | Reduce 19.87% | 2.27% |
| A ARES ARES MANAGEMENT CORPORATION | ARES MANAGEMENT CORPORATION | Reduce 18.27% | 2.20% |
| L LEN Lennar Corporation | Lennar Corporation | Reduce 41.32% | 1.74% |
| T TLNE Talen Energy Corp | Talen Energy Corp | Add 27.23% | 1.63% |
| B BTDR BITDEER TECHNOLOGIES GROUP | BITDEER TECHNOLOGIES GROUP | Reduce 23.98% | 0.16% |
| H HUT HUT 8 CORP | HUT 8 CORP | Reduce 43.80% | 0.11% |
| C CIFR CIPHER MINING INC | CIPHER MINING INC | Buy | 0.08% |
| T WULF TERAWULF INC | TERAWULF INC | Reduce 51.73% | 0.06% |
| G GEV GE Vernova, Inc. | GE Vernova, Inc. | Sold | 0.00% |
| U UNH UnitedHealth Group | UnitedHealth Group | Sold | 0.00% |
| B BKNG Booking Holdings, Inc. | Booking Holdings, Inc. | Sold | 0.00% |
Q4 2024
| Stock 31 | Company | Activity i Type and magnitude of change in this position | % Change to Portfolio i Impact of this position change on the overall portfolio allocation |
|---|---|---|---|
| M META Meta Platforms, Inc. | Meta Platforms, Inc. | Add 35.63% | 8.08% |
| A AMZN Amazon.com | Amazon.com | Add 23.24% | 7.62% |
| V VST Vistra Corp. | Vistra Corp. | Reduce 0.46% | 6.02% |
| T TSM Taiwan Semiconductor | Taiwan Semiconductor | Reduce 29.81% | 5.46% |
| M MSFT Microsoft | Microsoft | Reduce 18.04% | 5.31% |
| S CRM SALESFORCE INC | SALESFORCE INC | Buy | 4.77% |
| C CEG Constellation Energy Group | Constellation Energy Group | Add 49.18% | 4.64% |
| K KKR KKR & CO INC | KKR & CO INC | Reduce 29.17% | 4.41% |
| I INTU Intuit | Intuit | Add 2.10% | 4.27% |
| S SPOT SPOTIFY TECHNOLOGY S A | SPOTIFY TECHNOLOGY S A | Reduce 7.99% | 4.27% |
| L LEN Lennar Corporation | Lennar Corporation | Buy | 4.09% |
| P PM Philip Morris International, Inc. | Philip Morris International, Inc. | Reduce 32.84% | 4.06% |
| L LPLA LPL Financial Holdings, Inc. | LPL Financial Holdings, Inc. | Add 29.38% | 3.78% |
| U UNH UnitedHealth Group | UnitedHealth Group | Reduce 12.97% | 3.58% |
| A ASML ASML HOLDING N V | ASML HOLDING N V | Reduce 6.22% | 3.43% |
| S SBUX Starbucks | Starbucks | Buy | 2.95% |
| W WDAY WORKDAY INC | WORKDAY INC | Buy | 2.93% |
| B BKNG Booking Holdings, Inc. | Booking Holdings, Inc. | Reduce 27.35% | 2.40% |
| A ARES ARES MANAGEMENT CORPORATION | ARES MANAGEMENT CORPORATION | Add 30.29% | 2.39% |
| A APP APPLOVIN CORP | APPLOVIN CORP | Reduce 58.44% | 2.31% |
| H HWM HOWMET AEROSPACE INC | HOWMET AEROSPACE INC | Reduce 16.47% | 2.29% |
| G GEV GE Vernova, Inc. | GE Vernova, Inc. | Reduce 21.73% | 2.20% |
| T TLNE Talen Energy Corp | Talen Energy Corp | Buy | 1.14% |
| H HUT HUT 8 CORP | HUT 8 CORP | Buy | 0.11% |
| T WULF TERAWULF INC | TERAWULF INC | Buy | 0.11% |
| B BTDR BITDEER TECHNOLOGIES GROUP | BITDEER TECHNOLOGIES GROUP | Buy | 0.08% |
| I IREN IRIS ENERGY LTD | IRIS ENERGY LTD | Buy | 0.04% |
| A AVDX AVIDXCHANGE HOLDINGS INC | AVIDXCHANGE HOLDINGS INC | Sold | 0.00% |
| M MA MASTERCARD INCORPORATED | MASTERCARD INCORPORATED | Sold | 0.00% |
| M MCK MCKESSON CORP | MCKESSON CORP | Sold | 0.00% |
| B BBWI Bath & Body Works, Inc. | Bath & Body Works, Inc. | Sold | 0.00% |
Q3 2024
| Stock 25 | Company | Activity i Type and magnitude of change in this position | % Change to Portfolio i Impact of this position change on the overall portfolio allocation |
|---|---|---|---|
| T TSM Taiwan Semiconductor | Taiwan Semiconductor | Reduce 2.76% | 8.46% |
| M MSFT Microsoft | Microsoft | Add 4.68% | 7.32% |
| A AMZN Amazon.com | Amazon.com | Reduce 1.01% | 6.97% |
| M META Meta Platforms, Inc. | Meta Platforms, Inc. | Reduce 34.77% | 5.70% |
| K KKR KKR & CO INC | KKR & CO INC | Reduce 8.68% | 5.45% |
| A ASML ASML HOLDING N V | ASML HOLDING N V | Add 19.00% | 4.88% |
| V VST Vistra Corp. | Vistra Corp. | Add 6.63% | 4.77% |
| B SQ BLOCK INC | BLOCK INC | Add 13.87% | 4.01% |
| U UNH UnitedHealth Group | UnitedHealth Group | Buy | 3.90% |
| A APP APPLOVIN CORP | APPLOVIN CORP | Add 7.20% | 3.85% |
| P 69370C PTC Inc | PTC Inc | Reduce 14.14% | 3.75% |
| M MA MASTERCARD INCORPORATED | MASTERCARD INCORPORATED | Add 53.37% | 3.73% |
| B BBWI Bath & Body Works, Inc. | Bath & Body Works, Inc. | Add 15.84% | 3.58% |
| B BKNG Booking Holdings, Inc. | Booking Holdings, Inc. | Add 0.85% | 3.38% |
| C CEG Constellation Energy Group | Constellation Energy Group | Add 83.22% | 2.61% |
| H HWM HOWMET AEROSPACE INC | HOWMET AEROSPACE INC | Buy | 2.31% |
| G GEV GE Vernova, Inc. | GE Vernova, Inc. | Buy | 2.05% |
| A ARES ARES MANAGEMENT CORPORATION | ARES MANAGEMENT CORPORATION | Buy | 1.70% |
| A AVDX AVIDXCHANGE HOLDINGS INC | AVIDXCHANGE HOLDINGS INC | Reduce 0.05% | 0.50% |
| W WDAY WORKDAY INC | WORKDAY INC | Sold | 0.00% |
| L LYV Live Nation Entertainment, Inc. | Live Nation Entertainment, Inc. | Sold | 0.00% |
| E EPAM EPAM SYSTEMS INC | EPAM SYSTEMS INC | Sold | 0.00% |
| S CRM SALESFORCE INC | SALESFORCE INC | Sold | 0.00% |
| I IBN ICICI Bank, Ltd. | ICICI Bank, Ltd. | Sold | 0.00% |
| D DKS DICKS SPORTING GOODS INC | DICKS SPORTING GOODS INC | Sold | 0.00% |
Q2 2024
| Stock 29 | Company | Activity i Type and magnitude of change in this position | % Change to Portfolio i Impact of this position change on the overall portfolio allocation |
|---|---|---|---|
| M META Meta Platforms, Inc. | Meta Platforms, Inc. | Reduce 25.61% | 8.19% |
| T TSM Taiwan Semiconductor | Taiwan Semiconductor | Reduce 11.16% | 6.63% |
| M MSFT Microsoft | Microsoft | Add 6.52% | 6.41% |
| A AMZN Amazon.com | Amazon.com | Reduce 17.77% | 6.40% |
| S CRM SALESFORCE INC | SALESFORCE INC | Reduce 3.98% | 5.71% |
| K KKR KKR & CO INC | KKR & CO INC | Add 12.30% | 5.55% |
| P PM Philip Morris International, Inc. | Philip Morris International, Inc. | Add 121.94% | 4.82% |
| I INTU Intuit | Intuit | Add 20.56% | 4.63% |
| B SQ BLOCK INC | BLOCK INC | Add 1.96% | 4.50% |
| P 69370C PTC Inc | PTC Inc | Reduce 6.27% | 4.43% |
| B BBWI Bath & Body Works, Inc. | Bath & Body Works, Inc. | Reduce 6.52% | 3.86% |
| A ASML ASML HOLDING N V | ASML HOLDING N V | Add 14.95% | 3.78% |
| V VST Vistra Corp. | Vistra Corp. | Buy | 3.52% |
| S SPOT SPOTIFY TECHNOLOGY S A | SPOTIFY TECHNOLOGY S A | Buy | 3.51% |
| L LPLA LPL Financial Holdings, Inc. | LPL Financial Holdings, Inc. | Reduce 8.43% | 3.51% |
| W WDAY WORKDAY INC | WORKDAY INC | Reduce 8.60% | 3.05% |
| B BKNG Booking Holdings, Inc. | Booking Holdings, Inc. | Reduce 31.61% | 2.99% |
| A APP APPLOVIN CORP | APPLOVIN CORP | Buy | 2.91% |
| L LYV Live Nation Entertainment, Inc. | Live Nation Entertainment, Inc. | Reduce 3.82% | 2.69% |
| M MA MASTERCARD INCORPORATED | MASTERCARD INCORPORATED | Reduce 38.19% | 2.59% |
| M MCK MCKESSON CORP | MCKESSON CORP | Buy | 2.38% |
| D DKS DICKS SPORTING GOODS INC | DICKS SPORTING GOODS INC | Reduce 58.98% | 2.13% |
| E EPAM EPAM SYSTEMS INC | EPAM SYSTEMS INC | Add 9.37% | 2.03% |
| I IBN ICICI Bank, Ltd. | ICICI Bank, Ltd. | Reduce 19.93% | 2.01% |
| C CEG Constellation Energy Group | Constellation Energy Group | Buy | 1.28% |
| U UNH UnitedHealth Group | UnitedHealth Group | Sold | 0.00% |
| G GE General Electric Co. | General Electric Co. | Sold | 0.00% |
| H HDB HDFC Bank, Ltd. | HDFC Bank, Ltd. | Sold | 0.00% |
| B BX Blackstone Group | Blackstone Group | Sold | 0.00% |
Q1 2024
| Stock 21 | Company | Activity i Type and magnitude of change in this position | % Change to Portfolio i Impact of this position change on the overall portfolio allocation |
|---|---|---|---|
| M META Meta Platforms, Inc. | Meta Platforms, Inc. | Add 3.40% | 8.80% |
| T TSM Taiwan Semiconductor | Taiwan Semiconductor | Reduce 10.93% | 6.25% |
| B BKNG Booking Holdings, Inc. | Booking Holdings, Inc. | Add 2.04% | 4.68% |
| K KKR KKR & CO INC | KKR & CO INC | Reduce 5.15% | 4.46% |
| B SQ BLOCK INC | BLOCK INC | Add 70.00% | 4.42% |
| M MA MASTERCARD INCORPORATED | MASTERCARD INCORPORATED | Reduce 36.97% | 4.06% |
| I INTU Intuit | Intuit | Buy | 4.05% |
| B BBWI Bath & Body Works, Inc. | Bath & Body Works, Inc. | Add 20.01% | 3.90% |
| D DKS DICKS SPORTING GOODS INC | DICKS SPORTING GOODS INC | Add 0.02% | 3.72% |
| W WDAY WORKDAY INC | WORKDAY INC | Reduce 40.00% | 3.70% |
| A ASML ASML HOLDING N V | ASML HOLDING N V | Add 12.96% | 2.81% |
| L LYV Live Nation Entertainment, Inc. | Live Nation Entertainment, Inc. | Reduce 9.91% | 2.71% |
| B BX Blackstone Group | Blackstone Group | Buy | 2.51% |
| P PM Philip Morris International, Inc. | Philip Morris International, Inc. | Buy | 2.45% |
| G GE General Electric Co. | General Electric Co. | Buy | 2.32% |
| E EPAM EPAM SYSTEMS INC | EPAM SYSTEMS INC | Reduce 19.35% | 2.19% |
| A GOOGL ALPHABET INC | ALPHABET INC | Sold | 0.00% |
| T TPX Tempur Sealy International | Tempur Sealy International | Sold | 0.00% |
| T TDG TRANSDIGM GROUP INC | TRANSDIGM GROUP INC | Sold | 0.00% |
| F FND FLOOR & DECOR HLDGS INC | FLOOR & DECOR HLDGS INC | Sold | 0.00% |
| B BILL BILL HOLDINGS INC | BILL HOLDINGS INC | Sold | 0.00% |
Q4 2023
| Stock 28 | Company | Activity i Type and magnitude of change in this position | % Change to Portfolio i Impact of this position change on the overall portfolio allocation |
|---|---|---|---|
| M META Meta Platforms, Inc. | Meta Platforms, Inc. | Buy | 8.04% |
| A AMZN Amazon.com | Amazon.com | Add 11.63% | 6.70% |
| M MA MASTERCARD INCORPORATED | MASTERCARD INCORPORATED | Add 48.40% | 6.67% |
| T TSM Taiwan Semiconductor | Taiwan Semiconductor | Add 21.68% | 6.53% |
| M MSFT Microsoft | Microsoft | Reduce 27.59% | 5.52% |
| S CRM SALESFORCE INC | SALESFORCE INC | Add 47.47% | 4.89% |
| B BKNG Booking Holdings, Inc. | Booking Holdings, Inc. | Reduce 29.02% | 4.44% |
| P 69370C PTC Inc | PTC Inc | Reduce 0.03% | 4.33% |
| L LPLA LPL Financial Holdings, Inc. | LPL Financial Holdings, Inc. | Reduce 8.13% | 4.22% |
| A GOOGL ALPHABET INC | ALPHABET INC | Buy | 3.93% |
| T TDG TRANSDIGM GROUP INC | TRANSDIGM GROUP INC | Reduce 25.09% | 3.55% |
| D DKS DICKS SPORTING GOODS INC | DICKS SPORTING GOODS INC | Reduce 10.53% | 3.06% |
| L LYV Live Nation Entertainment, Inc. | Live Nation Entertainment, Inc. | Reduce 6.54% | 2.97% |
| B BBWI Bath & Body Works, Inc. | Bath & Body Works, Inc. | Reduce 46.77% | 2.84% |
| B BILL BILL HOLDINGS INC | BILL HOLDINGS INC | Add 39.66% | 2.67% |
| H HDB HDFC Bank, Ltd. | HDFC Bank, Ltd. | Add 13.81% | 2.64% |
| E EPAM EPAM SYSTEMS INC | EPAM SYSTEMS INC | Add 9.18% | 2.60% |
| A ASML ASML HOLDING N V | ASML HOLDING N V | Reduce 17.49% | 2.16% |
| T TPX Tempur Sealy International | Tempur Sealy International | Buy | 1.99% |
| F FND FLOOR & DECOR HLDGS INC | FLOOR & DECOR HLDGS INC | Reduce 42.49% | 1.89% |
| B SQ BLOCK INC | BLOCK INC | Buy | 1.66% |
| V V Visa | Visa | Sold | 0.00% |
| M MQ MARQETA INC | MARQETA INC | Sold | 0.00% |
| N NVDA NVIDIA | NVIDIA | Sold | 0.00% |
| M MRNA MODERNA INC | MODERNA INC | Sold | 0.00% |
| S SG SWEETGREEN INC | SWEETGREEN INC | Sold | 0.00% |
| C LNG Cheniere Energy Inc | Cheniere Energy Inc | Sold | 0.00% |
| R RH RH | RH | Sold | 0.00% |
Q3 2023
| Stock 19 | Company | Activity i Type and magnitude of change in this position | % Change to Portfolio i Impact of this position change on the overall portfolio allocation |
|---|---|---|---|
| M MSFT Microsoft | Microsoft | Reduce 6.61% | 7.81% |
| T TSM Taiwan Semiconductor | Taiwan Semiconductor | Reduce 21.67% | 5.93% |
| A AMZN Amazon.com | Amazon.com | Reduce 25.88% | 5.85% |
| B BBWI Bath & Body Works, Inc. | Bath & Body Works, Inc. | Reduce 16.40% | 5.62% |
| W WDAY WORKDAY INC | WORKDAY INC | Reduce 39.54% | 5.34% |
| B BKNG Booking Holdings, Inc. | Booking Holdings, Inc. | Add 2.91% | 5.21% |
| T TDG TRANSDIGM GROUP INC | TRANSDIGM GROUP INC | Reduce 16.58% | 4.78% |
| M MA MASTERCARD INCORPORATED | MASTERCARD INCORPORATED | Add 12.18% | 4.24% |
| P 69370C PTC Inc | PTC Inc | Add 18.13% | 4.13% |
| L LPLA LPL Financial Holdings, Inc. | LPL Financial Holdings, Inc. | Add 7.71% | 3.99% |
| D DKS DICKS SPORTING GOODS INC | DICKS SPORTING GOODS INC | Reduce 28.46% | 3.96% |
| F FND FLOOR & DECOR HLDGS INC | FLOOR & DECOR HLDGS INC | Add 24.22% | 3.58% |
| L LYV Live Nation Entertainment, Inc. | Live Nation Entertainment, Inc. | Buy | 3.32% |
| S CRM SALESFORCE INC | SALESFORCE INC | Reduce 16.72% | 3.28% |
| V V Visa | Visa | Reduce 16.25% | 2.70% |
| H HDB HDFC Bank, Ltd. | HDFC Bank, Ltd. | Add 36.43% | 2.61% |
| N NVDA NVIDIA | NVIDIA | Buy | 2.49% |
| V VAL VALARIS LTD | VALARIS LTD | Sold | 0.00% |
| A AMD ADVANCED MICRO DEVICES INC | ADVANCED MICRO DEVICES INC | Sold | 0.00% |
Q2 2023
| Stock 27 | Company | Activity i Type and magnitude of change in this position | % Change to Portfolio i Impact of this position change on the overall portfolio allocation |
|---|---|---|---|
| W WDAY WORKDAY INC | WORKDAY INC | Reduce 8.64% | 8.16% |
| M MSFT Microsoft | Microsoft | Reduce 23.35% | 7.15% |
| T TSM Taiwan Semiconductor | Taiwan Semiconductor | Reduce 21.24% | 7.05% |
| B BBWI Bath & Body Works, Inc. | Bath & Body Works, Inc. | Reduce 5.16% | 6.63% |
| A AMZN Amazon.com | Amazon.com | Reduce 31.50% | 6.32% |
| D DKS DICKS SPORTING GOODS INC | DICKS SPORTING GOODS INC | Reduce 8.96% | 6.00% |
| B BKNG Booking Holdings, Inc. | Booking Holdings, Inc. | Reduce 7.16% | 5.02% |
| T TDG TRANSDIGM GROUP INC | TRANSDIGM GROUP INC | Reduce 9.91% | 4.77% |
| U UNH UnitedHealth Group | UnitedHealth Group | Reduce 16.21% | 3.90% |
| S CRM SALESFORCE INC | SALESFORCE INC | Add 270.73% | 3.76% |
| M MA MASTERCARD INCORPORATED | MASTERCARD INCORPORATED | Reduce 22.11% | 3.53% |
| L LPLA LPL Financial Holdings, Inc. | LPL Financial Holdings, Inc. | Reduce 7.36% | 3.48% |
| K KKR KKR & CO INC | KKR & CO INC | Buy | 3.19% |
| V V Visa | Visa | Reduce 28.83% | 3.10% |
| A ASML ASML HOLDING N V | ASML HOLDING N V | Add 95.24% | 2.91% |
| F FND FLOOR & DECOR HLDGS INC | FLOOR & DECOR HLDGS INC | Add 65.63% | 2.75% |
| E EPAM EPAM SYSTEMS INC | EPAM SYSTEMS INC | Add 60.17% | 2.67% |
| A AMD ADVANCED MICRO DEVICES INC | ADVANCED MICRO DEVICES INC | Reduce 27.53% | 2.57% |
| I IBN ICICI Bank, Ltd. | ICICI Bank, Ltd. | Add 2.99% | 2.41% |
| M MRNA MODERNA INC | MODERNA INC | Add 13.09% | 2.17% |
| H HDB HDFC Bank, Ltd. | HDFC Bank, Ltd. | Add 3.03% | 1.85% |
| B BILL BILL HOLDINGS INC | BILL HOLDINGS INC | Buy | 1.37% |
| V VAL VALARIS LTD | VALARIS LTD | Add 192.71% | 1.15% |
| M MQ MARQETA INC | MARQETA INC | Reduce 70.49% | 0.21% |
| F FCNCA First Citizens BancShares, Inc. | First Citizens BancShares, Inc. | Sold | 0.00% |
| E EFX EQUIFAX INC | EQUIFAX INC | Sold | 0.00% |
| T TMO Thermo Fisher Scientific | Thermo Fisher Scientific | Sold | 0.00% |
News about Stephen Mandel's top holdings
Frequently Asked Questions
What stocks does Stephen Mandel own in 2026?
As of Q1 2026, Stephen Mandel's Lone Pine Capital holds 39 stocks worth $13.61B. The largest position is TSM. Data from SEC 13F filing dated 2026-02-17 00:00:00.000Z.
What did Stephen Mandel buy and sell recently?
View the Activity tab above to see which positions Stephen Mandel added, increased, decreased, or sold in Q1 2026. The activity data comes from comparing consecutive 13F filings.
What is Stephen Mandel's top stock holding?
The largest position is TSM. Stephen Mandel's Lone Pine Capital holds 39 total positions worth $13.61B. Visit the holdings table above to see the complete portfolio ranked by position size.
What sectors does Stephen Mandel invest in?
Stephen Mandel's portfolio of 39 stocks is diversified across multiple sectors. The portfolio is most concentrated in the Financial Services sector. The sector chart above shows the full allocation breakdown by portfolio value.
What is Stephen Mandel's investment strategy?
Stephen Mandel manages Lone Pine Capital using a growth investment approach. The portfolio currently holds 39 positions with total assets of $13.61B. The portfolio is most concentrated in the Financial Services sector.
What is Stephen Mandel's portfolio worth in 2026?
Stephen Mandel's Lone Pine Capital manages $13.61B in disclosed 13F holdings across 39 positions as of Q1 2026. This represents the total market value of equity positions reported to the SEC.
How often does Stephen Mandel update portfolio holdings?
Stephen Mandel's Lone Pine Capital files 13F reports with the SEC quarterly. The most recent filing is dated 2026-02-17 00:00:00.000Z, covering holdings as of Q1 2026. New data appears within 24 hours of each filing.
How do I track Stephen Mandel's portfolio changes over time?
Use the Activity tab to compare Stephen Mandel's holdings across quarters. You can see new positions, additions, reductions, and exits for each quarter going back multiple years. The data comes from Lone Pine Capital's SEC 13F filings.