Lone Pine Capital Hedge Fund’s top stock picks are Ebay, News Corp., Liberty Global, Davita and HCA Holdings. According to Forbes:
Steve Mandel’s fund is Lone Pine Capital, founded in 1997. The firm manages about $16.5 billion and returned 23% in its first 11 years. Before striking out on his own, Mandel worked at various firms, including Julian Robertson’s Tiger Management, whose former employees that became independent managers are often considered “tiger cubs.â€
Mandel owned 60 stocks at the end of the second quarter of 2012, which includes 10 new ones. The largest new buys are: eBay Inc. (EBAY), News Corp. (NWSA), Liberty Global (LBTYA), DaVita Inc. (DVA) and HCA Holdings Inc. (HCA).
All of Mandel’s top holdings have increased in price since he purchased them. Will they continue to rise in price and propel Long Pine’s Hedge Fund even higher over the next quarter?