WDAY - Tech focused Lone Pine Capital acquires new position in Workday exits Docusign expands stake in Snowflake

Stephen Mandel’s Lone Pine Capital in its recent 13F filing indicated total portfolio value of $27.53B spread across 38 holdings.As per data indicated by Gurfocus.com, Lone Pine's nearly half of equity portfolio is invested in the technology sector followed by smaller holdings in the communication services, consumer cyclical and health care spaces.The strategy being long-short focusing on bottom-up fundamental analysis, the fund is known to not hold positions for very long.Acquired new positions in ICICI Bank (IBN), Workday (WDAY), Insulet (PODD); ICICI Bank has reported a significant 27% surge in the past 6 months trading.Among the increasing stakes, notable to mention are Snowflake (SNOW), DoorDash (DASH), Amazon.com (AMZN), Farfetch (FTCH), Ascendis Pharma (ASND) and Facebook (FB).In March, Bank of America forecasted an attractive entry point for Farfetch after shares de-rated by 30% in a month on non-fundamental factors (fund liquidation); YTD, the stock has depleted 37% while in the past one month

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Tech focused, Lone Pine Capital acquires new position in Workday, exits Docusign, expands stake in Snowflake