Investor: Stephen Mandel
Number of Assets: 24
Reporting Period: Q2 - 2025
Holdings at Report: $14,051,394,007
Return Since Report: +$463,000,661
Return Since Report: +3.30%
Company | Position | Activity | Shares | Port. % | Rep. Price | Curr. Price | Rep. Value | Curr. Value | Return Value | Return % |
|---|---|---|---|---|---|---|---|---|---|---|
| Amazon.com Inc. (AMZN) | Equity | +15.64% | 5,033,556 | 8.00% | $219.39 | $238.22 | $1,104,311,851 | $1,199,093,710 | +$94,781,859 | +8.58% |
| Eqt Corp. (EQT) | Equity | +100% | 7,518,227 | 3.17% | $58.32 | $50.68 | $438,462,999 | $380,986,153 | -$57,476,846 | -13.11% |
| Flutter Entertainment PLC (FLUT) | Equity | -16.09% | 1,862,764 | 3.85% | $285.76 | $292.47 | $532,303,441 | $544,802,587 | +$12,499,146 | +2.35% |
| Intuit Inc. (INTU) | Equity | -45.03% | 771,666 | 4.40% | $787.63 | $671.75 | $607,787,292 | $518,366,636 | -$89,420,657 | -14.71% |
| KKR & Co. Inc. (KKR) | Equity | +9.61% | 5,221,769 | 5.03% | $133.03 | $137.01 | $694,651,930 | $715,434,571 | +$20,782,641 | +2.99% |
| Lpl Financial Holdings Inc. (LPLA) | Equity | +6.14% | 1,872,248 | 5.08% | $374.97 | $341.58 | $702,036,833 | $639,522,472 | -$62,514,361 | -8.90% |
| Meta Platforms Inc. (META) | Equity | -5.29% | 1,665,017 | 8.90% | $738.09 | $764.18 | $1,228,932,398 | $1,272,372,691 | +$43,440,293 | +3.53% |
| Microsoft Corp. (MSFT) | Equity | -5.38% | 1,854,856 | 6.68% | $497.41 | $498.50 | $922,623,923 | $924,645,716 | +$2,021,793 | +0.22% |
| Applovin Corp. (APP) | Equity | -20.87% | 1,261,334 | 3.20% | $350.08 | $554.59 | $441,567,807 | $699,523,223 | +$257,955,416 | +58.42% |
| ASML Holding N.V. (ASML) | Equity | -2.67% | 566,862 | 3.29% | $801.39 | $802.61 | $454,277,538 | $454,969,110 | +$691,572 | +0.15% |
| Booking Holdings Inc. (BKNG) | Equity | +100% | 59,972 | 2.51% | $5,789.24 | $5,598.38 | $347,192,301 | $335,746,045 | -$11,446,256 | -3.30% |
| Brookfield Corp. (BN) | Equity | +100% | 5,621,385 | 2.52% | $61.85 | $66.49 | $347,682,662 | $373,765,889 | +$26,083,227 | +7.50% |
| Capital One Financial Corp. (COF) | Equity | -3.01% | 3,080,633 | 4.75% | $212.76 | $220.81 | $655,435,477 | $680,234,573 | +$24,799,096 | +3.78% |
| Carvana Co. (CVNA) | Equity | -23.72% | 1,765,291 | 4.31% | $336.96 | $372.74 | $594,832,455 | $657,994,567 | +$63,162,112 | +10.62% |
| Philip Morris International Inc. (PM) | Equity | -8.34% | 2,757,694 | 3.64% | $182.13 | $164.61 | $502,258,808 | $453,944,009 | -$48,314,799 | -9.62% |
| Salesforce Inc. (CRM) | Equity | +7.59% | 1,863,179 | 3.68% | $272.69 | $252.20 | $508,070,282 | $469,893,744 | -$38,176,538 | -7.51% |
| Starbucks Corp. (SBUX) | Equity | -15.83% | 5,561,954 | 3.69% | $91.63 | $83.45 | $509,641,845 | $464,145,061 | -$45,496,784 | -8.93% |
| Taiwan Semiconductor Manufacturing Company Limited (TSM) | Equity | -11.11% | 3,435,920 | 5.63% | $226.49 | $251.74 | $778,201,521 | $864,965,373 | +$86,763,852 | +11.15% |
| Talen Energy Corp. (TLN) | Equity | 0% | 1,089,380 | 2.29% | $290.77 | $392.06 | $316,759,023 | $427,096,876 | +$110,337,853 | +34.83% |
| UnitedHealth Group Inc. (UNH) | Equity | +100% | 1,693,347 | 3.82% | $311.97 | $346.42 | $528,273,464 | $586,609,268 | +$58,335,804 | +11.04% |
| Vistra Corp. (VST) | Equity | +40.50% | 6,469,719 | 9.08% | $193.81 | $194.35 | $1,253,896,239 | $1,257,389,888 | +$3,493,649 | +0.28% |
| Wix.com Ltd (WIX) | Equity | +100% | 2,161,331 | 2.48% | $158.46 | $163.41 | $342,484,510 | $353,183,099 | +$10,698,589 | +3.12% |