What Stephen Mandel bought and sold in Q1 2025
In Q1 2025, Stephen Mandel (Lone Pine Capital) opened 4 new positions — including CVNA (4.2%), TOL (3.5%), CDNS (2.7%), added to 3, trimmed 2, exited 10 (PTC, SPOT, WDAY). The book stood at $11.41B across 22 positions, filed May 15, 2025.
4New3Added2Trimmed10Exited
New positions (4)
Added to (3)
Trimmed (2)
Exited (10)
- PTCPtc Incwas 3.2% of book
- SPOTSpotify Technology S Awas 3.0% of book
- WDAYWorkday Inc-class Awas 3.0% of book
- CEGConstellation Energywas 2.9% of book
- HWMHowmet Aerospace Incwas 2.5% of book
- XYZBlock Incwas 2.4% of book
- LENLennar Corp-awas 1.7% of book
- HUTHut 8 Corpwas 0.1% of book
- CIFRCipher Digital Incwas 0.1% of book
- WULFTerawulf Incwas 0.1% of book
Stephen Mandel's other filings
Changes vs the prior quarter's 13F, long US equity positions only (no shorts, options, or non-US listings). ADD/TRIM are share- count changes of ±20% or more. Sourced from SEC EDGAR. Not investment advice.