Lone Pine Capital Posts 43% First-Half Gain on Long and Short Bets
Updated
Updated · Bloomberg · Jul 6
Lone Pine Capital Posts 43% First-Half Gain on Long and Short Bets
1 articles · Updated · Bloomberg · Jul 6
Summary
Lone Pine Capital returned 43% to hedge fund investors through June, marking one of the firm's strongest starts to a year and placing it among 2026's top performers.
Both long and short positions drove the first-half gain, according to the report, underscoring broad-based trading success rather than a single directional bet.
More than $25 billion is managed by Lone Pine across hedge and long-only funds, according to a person familiar with the firm.
Stephen Mandel founded Lone Pine in 1997, and a spokesman declined to comment on the firm's performance or assets.