Connect with us

Hi, what are you looking for?

Jewish Business News


Stephen Mandel’s Lone Pine Picks Up Mastercard, Facebook, Priceline, Equinix and Autodesk

Stephen Mandel still likes internet stocks


Stephen Mandel, manager of Lone Pine Capital, has increased his holdings in Mastercard, Priceline, Facebook, Equinix and Autodesk, according to Insider Monkey. 

Stephen Mandel is known for focusing on fundamentals of companies rather than macroeconomic factors. Most of his holdings are in the information technology and consumer discretionary sectors. Lone Pine increased its exposure to Mastercard by 32% and it now comprises 7.24% of Lone Pine’s portfolio.

Please help us out :
Will you offer us a hand? Every gift, regardless of size, fuels our future.
Your critical contribution enables us to maintain our independence from shareholders or wealthy owners, allowing us to keep up reporting without bias. It means we can continue to make Jewish Business News available to everyone.
You can support us for as little as $1 via PayPal at
Thank you.

The fund bought 669, 000 shares of Priceline, which makes up 6.68% of Lone Pine’s portfolio. The fund purchased 4.86 million shares of social media favorite Facebook, which is now the fund’s fifth largest holding and comprises 4.42% of the portfolio. Mandel seems to like Equinix, because he increased his position in the company by 47%. The stock has risen 4.14% so far this year. The largest increase was of Autodesk; Lone Pine increased its position by 229% to 14.46 million shares.

Hopefully, Stephen Mandel will have a better 2015. According to, Mandel ranked 24th out of 25 of the richest hedge fund managers based on the amount they took home in 2014. Mandel made just $150 million, while Steve Cohen made $1.3 billion and took the number one spot. Others in the top five were Ray Dalio with $1.2 billion, George Soros with $1.2 billion, Bill Ackman, with $1.1 billion and Ken Griffin with $1.1 billion.



You May Also Like

World News

In the 15th Nov 2015 edition of Israel’s good news, the highlights include:   ·         A new Israeli treatment brings hope to relapsed leukemia...


The Movie The Professional is what made Natalie Portman a Lolita.


After two decades without a rating system in Israel, at the end of 2012 an international tender for hotel rating was published.  Invited to place bids...

VC, Investments

You may not become a millionaire, but there is a lot to learn from George Soros.