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    A Look at Stephen Mandel's Apple Moves, Other Stock Holdings

    Fri, 01/21/2011 - 12:53 EDT - Seeking Alpha
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    Insider Monkey submits: Stephen Mandel’s Lone Pine Capital has more than 2.7 million Apple (AAPL) shares in its portfolio. AAPL was the largest stock holding in the $11.3 billion portfolio at the end of September. Since then Apple shares gained more than 20%, earning Lone Pine more than $150 million. Steve Mandel has $17 billion in assets under management. His personal wealth is about one tenth of that. Mandel is a Tiger cub, leaving Robertson in 1997 to launch Lone Pine. He’s a “bottom-up” investor with great stock picking skills. He returned about 23% during the past 11 years, beating the S&P 500 index by more than 20 percentage points per year. Mandel’s market beta seems quite high though. According to a Valley News article, Mandel didn’t offer much downside protection in 2008:Complete Story »

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      By Osman Gulseven: By Siraj Sarwar Steve Mandel founded Lone Pine Capital in 1997. Pine Capital has about $17 billion of assets under management. Steve Mandel is known for his stock picking skills. His picks returned about 23% annually in the previous 11 years, beating the S&P 500 index by almost 20 percentage points per year. Mr. Mandel uses both growth and value strategies. He prefers stocks which are trading at a discount to intrinsic value.

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    • High Conviction Picks From 2011's Best Performing Hedge Fund Tiger Global

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      By Insider Monkey: The hedge fund legend, Julian Robertson, once employed and mentored many analysts and managers at Tiger Management. Many of these professionals left Tiger Management later and started their own hedge funds. Some of these funds, known as “Tiger cubs”, became the best-known hedge fund firms in the world. Stephen Mandel is one of these successful hedge fund managers. He worked for Robertson before launching Lone Pine Capital in 1997.

    • The 10 Hedge Funds With The Biggest Stakes In Apple (AAPL)

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    • Tiger Cubs Diverge: Lone Pine Starts Position in Longtop Financial

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