Mandel's Lone Pine Capital 13F Breakdown: Raises Exposure to Financials, Lowers Exposure to Consumer Discretionary

Hedge fund titan Stephen F. Mandel, Jr. released the 13F for his Lone Pine Capital LLC fund for the quarter ended December 31, 2009 after the close.

The value of the disclosed portfolio is up from $8.05 billion at September 30, 2009 to $10.45 billion at December 31, 2009, but it should be noted that cash, short positions and various other securities are not required to be disclosed in the 13F filing.

During the quarter, Stephen Mandel increased his exposure to the U.S. financial sector with new positions in Bank of America and Wells Fargo, offset partially by an exit from regional Huntington Bancshares, while lowering exposure to consumer discretionary by dropping Coca-Cola, Coach, and Philip Morris International.

Below a full summary of his notable moves:

Notable New Stakes:

• Accenture PLC (NYSE: ACN) of 8,708,237 shares
  
• Autodesk, Inc. (NASDAQ: ADSK) of 2,330,411 shares
  
• Bank of America Corp. (NYSE: BAC) of 14,519,200 shares
  
• Baxter International (NYSE: BAX) of 10,441,630 shares
  
• Walt Disney Co. (NYSE: DIS) of 7,441,464 shares
  
• eBay, Inc. (NASDAQ: EBAY) of 8,042,649 shares
  
• HSBC Holdings (NYSE: HBC) of 6,676,242 shares
  
• Marvel Entertainment, Inc. (NASDAQ: MRVL) of 350,518 shares
  
• Mead Johnson Nutrition (NYSE: MJN) of 1,278,236 shares
  
• Staples, Inc. (NASDAQ: SPLS) of 5,983,239 shares
  
• Vistaprint NV (NASDAQ: VPRT) of 880,759 shares
  
• Wells Fargo & Co. (NYSE: WFC) of 10,966,100 shares
  
• Yum! Brands (NYSE: YUM) of 6,534,659 shares

Notable Raised Stakes:

• Citrix Systems (NASDAQ: CTXS) to 3,656,401 from 1,324,364 shares prior
  
• Discovery Communications (NASDAQ: DISCA) from 5,457,110 to 6,096,538 shares
  
• Dr Pepper Snappl Group (NYSE: DPS) from 904,981 ro 3,942,443 shares
  
• E*TRADE Financial (NASDAQ: ETFC) from 9,486,764 to 10,436,764
  
• FLIR Systems, Inc. (NASDAQ: FLIR) from 5,166,063 to 6,866,822 shares
  
• Goodrich, Corp. (NYSE: GD) from 2,100,365 to 4,117,998 shares
  
• J.P. Morgan (NYSE: JPM) from 16,361,128 to 17,486,108 shares
  
• Estee Lauder Companies Inc. (NYSE: EL) from 744,778 to 3,052,933 shares
  
• McDonald's Corp. (NYSE: MCD) from 6,362,563 to 7,620,201 shares
  
• New Oriental Education & Technology Group (NYSE: EDU) from 486,828 to 809,954 shares
  
• Popular Inc. (NASDAQ: BPOP) from 10,301,242 to 18,607,489 shares
  
• QUALCOMM, Inc. (NASDAQ QCOM) from 11,723,977 to 12,240,777 shares
  
• Henry Schein Inc. (NASDAQ: HSIC) from 2,596,883 to 2,783,983 shares
  
• Pactiv Corp. (NYSE: PTV) from 3,251,321 to 3,613,921 shares
  
• Smithfield Foods Inc. (NYSE: SFD) from 8,162,139 to 5,482,182 shares
  
• Southwestern Energy Co. (NYSE: SWN) from 5,048,827 to 1,988,979 shares
  
• Strayer Education Inc. (NASDAQ: STRA) from 1,282,513 to 1,353,513 shares
  
• Visa, Inc. (NYSE: V) from 4,411,072 to 5,465,874 shares
  
• Walgreen, Co. (NYSE: WAG) from 4,076,420 to 7,679,875 shares

Notable Maintained Stakes:

• Green Mountain Coffee Roasters (NASDAQ: GMCR) at 3,803,287

Notable Lowered Stakes:

• Apple, Inc (NASDAQ: AAPL) down to 2,525,541 from 3,091,318 prior
  
• CEMEX, S.A.B. de C.V. (NYSE: CX) from 14,398,618 to 0 shares
  
• Coach, Inc. (NYSE: COH) from 3,255,340 to 0 shares
  
• Coca Cola (NYSE: KO) from 3,471,263 to 0 shares
  
• Deltek, Inc. (NASDAQ: PROJ) from 2,002,352 to 1,782,796 shares
  
• Fomento Económico Mexicano, S.A.B de C.V (NYSE: FMX) from 971,694 to 0 shares
  
• Grupo Aeroportuario del Pacifico S.A.B. de CV (NYSE: PAC) from 588,218 to 571,705 shares
  
• Grupo Aeroportuario Del Sureste SA de CV (NYSE: ASR) from 390,800 to 347,986
  
• Hewlett-Packard (NYSE: HPQ) from 9,849,811 to 8,529,811 shares
  
• Huntington Bancshares (NASDAQ: HBAN) from 7,300,000 to 0 shares
  
• Liberty Media Corporation (NASDAQ: LSTZB) from 4,615,098 to 0 shares
  
• MasterCard, Inc. (NYSE: MA) from 1,195,615 to 0 shares
  
• Melco Crown Entertainment Ltd. (NASDAQ: MPEL) from 15,964,463 to 8,163,053 shares
  
• Mindray Medical International Limited (NYSE: MR) from 866,579 to 566,579 shares
  
• Monsanto Co. (NYSE: MON) from 8,393,377 to 8,185,449 shares
  
• MSCI Inc. (NYSE: MXB) from 4,668,255 to 4,586,985 shares
  
• Philip Morris International, Inc. (NYSE: PM) from 1,104,953 to 0 shares
  
• Precision Castparts Corp. (NYSE: PCP) from 1,461,411 to 1,320,855 shares
  
• Priceline.com (NASDAQ PCLN) from 1,851,394 to 0 shares
  
• Walter Energy, Inc. (NYSE: WLT) from 2,332,377 shares to 0 shares

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