Stephen Mandel - Lone Pine Capital
Period:    Q1 2026
Portfolio date:    31 Mar 2026
No. of stocks:    36
Portfolio value:    $12,543,849,391
Holdings Activity Buys Sells    History
Holding/activity history for  Microsoft Corp. (MSFT)
Period Shares % of Portfolio Activity % Change to Portfolio Reported Price Value Filing
2026   Q1 0 0.00 Sell 100.00% 4.38 SEC
2025   Q4 1,234,125 4.38 Add 2.11% 0.09 $483.62 $596,847,533 SEC
2025   Q3 1,208,605 4.56 Reduce 34.84% 2.33 $517.95 $625,996,960 SEC
2025   Q2 1,854,856 6.68 Reduce 5.38% 0.35 $497.41 $922,623,923 SEC
2025   Q1 1,960,328 6.45 Add 19.55% 1.06 $375.39 $735,887,528 SEC
2024   Q4 1,639,697 5.13 Reduce 0.97% 0.05 $421.50 $691,132,286 SEC
2024   Q3 1,655,779 5.31 Reduce 18.04% 1.32 $430.30 $712,481,704 SEC
2024   Q2 2,020,205 7.32 Add 4.68% 0.33 $446.95 $902,930,625 SEC
2024   Q1 1,929,918 6.41 Add 6.52% 0.39 $420.72 $811,955,101 SEC
2023   Q4 1,811,809 5.89 $376.04 $681,312,656 SEC
2023   Q3 1,811,809 5.52 Reduce 27.59% 2.15 $315.75 $572,078,692 SEC
2023   Q2 2,502,085 7.81 Reduce 6.61% 0.47 $340.54 $852,060,026 SEC
2023   Q1 2,679,232 7.15 Reduce 23.35% 1.87 $288.30 $772,422,586 SEC
2022   Q4 3,495,275 8.00 Add 23.41% 1.52 $239.82 $838,236,851 SEC
2022   Q3 2,832,272 6.22 Reduce 18.65% 1.57 $232.90 $659,636,000 SEC
2022   Q2 3,481,673 8.43 Reduce 30.33% 2.78 $256.83 $894,198,000 SEC
2022   Q1 4,997,089 9.17 Add 6.45% 0.56 $308.31 $1,540,653,000 SEC
2021   Q4 4,694,472 6.47 $336.32 $1,578,845,000 SEC
2021   Q3 4,694,472 4.46 Reduce 11.01% 0.51 $281.92 $1,323,466,000 SEC
2021   Q2 5,275,472 4.61 Reduce 32.58% 2.18 $270.90 $1,429,125,000 SEC
2021   Q1 7,824,597 6.70 Add 23.95% 1.29 $235.77 $1,844,805,000 SEC
2020   Q4 6,312,495 5.10 Reduce 1.99% 0.12 $222.42 $1,404,025,000 SEC
2020   Q3 6,440,494 5.82 Add 3.30% 0.19 $210.33 $1,354,629,000 SEC
2020   Q2 6,234,794 6.52 Add 5.25% 0.33 $203.51 $1,268,843,000 SEC
2020   Q1 5,923,926 5.86 Add 16.86% 0.85 $157.71 $934,262,000 SEC
2019   Q4 5,069,049 4.40 Reduce 16.35% 0.83 $157.70 $799,389,000 SEC
2019   Q3 6,059,549 5.08 Reduce 17.94% 1.15 $139.03 $842,459,000 SEC
2019   Q2 7,384,511 6.40 Reduce 18.27% 1.18 $133.96 $989,229,000 SEC
2019   Q1 9,035,031 6.48 Reduce 10.52% 0.76 $117.94 $1,065,592,000 SEC
2018   Q4 10,097,064 7.25 Reduce 26.50% 2.24 $101.57 $1,025,559,000 SEC
2018   Q3 13,737,471 8.44 Add 9.86% 0.76 $114.37 $1,571,155,000 SEC
2018   Q2 12,504,471 6.71 Add 3.54% 0.23 $98.61 $1,233,066,000 SEC
2018   Q1 12,076,471 5.58 Add 26.00% 1.15 $91.27 $1,102,220,000 SEC
2017   Q4 9,584,771 4.28 Reduce 15.40% 0.68 $85.54 $819,881,000 SEC
2017   Q3 11,329,847 4.40 Add 16.95% 0.64 $74.49 $843,960,000 SEC
2017   Q2 9,687,742 3.56 Buy 3.56 $68.93 $667,776,000 SEC
2017   Q1 0 0.00 Sell 100.00% 4.95 SEC
2016   Q4 15,213,996 4.95 Add 4.82% 0.23 $62.14 $945,398,000 SEC
2016   Q3 14,513,996 3.82 Reduce 16.10% 0.66 $57.60 $836,006,000 SEC
2016   Q2 17,298,996 4.09 Reduce 32.88% 2.41 $51.17 $885,190,000 SEC
2016   Q1 25,771,549 7.33 Reduce 5.47% 0.38 $55.23 $1,423,363,000 SEC
2015   Q4 27,262,024 7.03 Add 7.59% 0.50 $55.48 $1,512,497,000 SEC
2015   Q3 25,339,024 5.48 Reduce 4.74% 0.27 $44.26 $1,121,505,000 SEC
2015   Q2 26,598,524 5.78 Add 83.61% 2.63 $44.15 $1,174,325,000 SEC
2015   Q1 14,486,109 2.87 Add 165.80% 1.79 $40.66 $588,933,000 SEC
2014   Q4 5,449,944 1.32 Reduce 75.60% 3.83 $46,450.00 $253,149,899,000 SEC
2014   Q3 22,335,690 5.07 Reduce 15.23% 0.86 $46.36 $1,035,483,000 SEC
2014   Q2 26,347,204 5.65 Reduce 6.12% 0.38 $41.70 $1,098,678,000 SEC
2014   Q1 28,064,888 6.26 Add 10.17% 0.58 $40.99 $1,150,380,000 SEC
2013   Q4 25,474,910 5.00 Buy 5.00 $37.41 $953,016,000 SEC
2005   Q1 0 0.00 Sell 100.00% 1.19 SEC
2004   Q4 2,508,508 1.19 $26.72 $67,027,000 SEC