Mandel's Lone Pine Capital Picks Up More of a Major Bank, Gets New Shares of a Smartphone Maker and Lowers Stakes in the Credit Card Processors
Stephen Mandel's Lone Pine Capital hedge fund released its 13F for the quarter ended Sept. 30, 2009 yesterday. Mandel upped his bet in a major bank, showed new stakes in a major smartphone maker and a single-cup coffee maker, and trimmed his stakes in the two major credit card processors.
Some notable moves from Lone Pine:
- - Raised stake in JP Morgan Chase (NYSE: JPM) by 3.82 million shares to 16,361,128 shares
- - Raised stake in Monsanto (NYSE: MON) by 588K shares to 8,393,377
- - Raised stake in HP (NYSE: HPQ) by 1.39 million shares to 9,849,811 shares
- - Raised stake in Southwestern Energy Co. (SWN) by 3.35 million shares to 5,048,827 shares
- - New 3,091,318 share stake in Apple (Nasdaq: AAPL)
- - New 3,803,287 share stake in Green Mountain Coffee (Nasdaq: GMCR)
- - Lowered stake in QUALCOMM (Nasdaq: QCOM) by 4.18 million shares to 11,723,977 shares
- - Lowered stake in McDonald's (NYSE: MCD) by 2.09 million shares to 6,362,563 shares
- - Lowered stake in Priceline.com (Nasdaq: PCLN) by 488K shares to 1,851,394 shares
- - Lowered stake in Visa (NYSE: V) by 2.38 million shares to 4,411,072 shares
- - Lowered stake in MasterCard (NYSE: MA) by 4.22 million shares to 1,195,615 shares
- - Lowered stake in Coca-Cola (NYSE: KO) by 2.17 million shares to 3,471,263 shares
- - Liquidated 4.5 million share stake in Nike (NYSE: NKE)
- - Liquidated 1.95 million share stake in Union Pacific (NYSE: UNP)
- - Liquidated 1.8 million share stake in Vistaprint (Nasdaq: VPRT)
- - Liquidated 5.42 million share stake in Urban Outfitters (Nasdaq: URBN)
- - Liquidated 2.47 million share stake in XTO Energy (NYSE: XTO)
Create E-mail AlertRelated Categories
Insider TradesInsiders' Blog
Trader Talk
Stocks Mentioned
Related Entities
Sign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!
