VTEX - Lone Pine adds Bilibili Class Z exits Global Payments stakes grown in Meta Platforms
As of Sep.30, Lone Pine Capital disclosed six new buys during Q3 which included, by size of position, Bilibili (NASDAQ:BILI), VTEX (NYSE:VTEX), NetEase (NASDAQ:NTES), and Freshworks (NASDAQ:FRSH). This takes the portfolio total fund value to $29.7B. It exited three positions during the quarter, Global Payments (NYSE:GPN), Mastercard (NYSE:MA), and SentinelOne (NYSE:S). Ten holdings experienced increase in stake: Twitter (NYSE:TWTR), Workday (NASDAQ:WDAY), RH (NYSE:RH), PVH Corp (NYSE:PVH), and TransDigm (NYSE:TDG). Stakes were reduced in a total of 17 holdings: Meta Platforms (NASDAQ:FB), Amazon (NASDAQ:AMZN), Shopify (NYSE:SHOP), Marqeta (NASDAQ:MQ), and Adobe (NASDAQ:ADBE). SA Contributor John Vincent highlighted the top three positions of Lone Pine Capital in Q2 were Shopify, L Brands, and Facebook; however, in latest 13F filing, top positions are - Shopify, Snap (NYSE:SNAP), DoorDash (NYSE:DASH), ServiceNow (NYSE:NOW), and Microsoft (NASDAQ:MSFT).
For further details see:
Lone Pine adds Bilibili Class Z, exits Global Payments, stakes grown in Meta Platforms