Is Lone Pine Capital a hedge fund?

If you want to skip the details about the hedge fund, then head on over to Lone Pine Capital's Top 5 Stock Picks. Lone Pine Capital is a hedge fund headquartered in Greenwich, Connecticut. The fund is among those that were set up by the former managers at Julian Robertson's Tiger Global.

What do we know about Lone Pine?

We know much more about Lone Pine’s public company holdings, which show a healthy appetite for both tech and Seattle firms. Lone Pine owns more than $1 billion in stock in Amazon, Microsoft and Adobe, which collectively make up nearly a quarter of the fund’s total holdings.

Is Lone Pine the next Bloomberg for sales?

“Lone Pine did all the research up front and they came back to us and told us why we are going to be the next Bloomberg for sales,” he said, referring to the financial terminal used by many investors. “They came with that thesis to us, saying, ‘I want to invest in this business; what do we need to do to make this happen?'”

How did Lone Pine perform in 2019 & 2020?

Lone Pine flourished, posting some of its strongest returns in 2019 and 2020. Then the bottom fell out for growth stocks. The hedge fund tumbled 47.1% from September through June, according to the letter.

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