Hedge fund Lone Pine Capital just reported his third quarter portfolio. The fund is run by Steve Mandel, who is one of the Tiger cubs who learned investing from the legendary hedge fund manager Julian Robertson.
Lone Pine Capital lost 26% in 2008, bettering than the market by 10%. Then gained 17.7% in 2009, and 10% in YTD 2010.
You can also check other Tiger family of hedge funds we just updated: Maverick Capital and Blueridge Capital.
As of 09/30/2010, Lone Pine Capital owns 54 stocks with a total value of $11.4 billion. These are the details of the buys and sells.
This is the sector weightings of his portfolio:
These are the top 5 holdings of Steve Mandel
Reduced: 21st Century Insurance Group (TW, Financial)
Steve Mandel reduced to his holdings in 21st Century Insurance Group by 97.85%. The impact to his portfolio due to this sale was 0.89%. Steve Mandel still held 45,072 shares as of 09/30/2010.
Towers Watson & Co. is a global professional services company that helps organizations improve performance through effective people, risk and financial management. 21st Century Insurance Group has a market cap of $2.12 billion; its shares were traded at around $50.08 with a P/E ratio of 14.2 and P/S ratio of 0.9. The dividend yield of 21st Century Insurance Group stocks is 0.6%.
Added: Dollar General Corp. (DG, Financial)
Steve Mandel added to his holdings in Dollar General Corp. by 256.5%. His purchase prices were between $27.31 and $30.1, with an estimated average price of $28.54. The impact to his portfolio due to this purchase was 1.58%. His holdings were 8,561,804 shares as of 09/30/2010.
Dollar General Corporation is a discount retailer in the United States. Dollar General Corp. has a market cap of $10.13 billion; its shares were traded at around $29.71 with a P/E ratio of 19.1 and P/S ratio of 0.8.
Added: Equinix Inc. (EQIX, Financial)
Steve Mandel added to his holdings in Equinix Inc. by 92.66%. His purchase prices were between $78.57 and $103.31, with an estimated average price of $91.5. The impact to his portfolio due to this purchase was 1.44%. His holdings were 3,336,520 shares as of 09/30/2010.
Equinix designs, builds and operates neutral Internet Business Exchangecenters where Internet businesses place their equipment and their network facilities in order to interconnect with each other. Equinix Inc. has a market cap of $3.71 billion; its shares were traded at around $81.38 with a P/E ratio of 61.7 and P/S ratio of 4.2.
Added: Apple Inc. (AAPL)
Steve Mandel added to his holdings in Apple Inc. by 20.26%. His purchase prices were between $239.93 and $292.32, with an estimated average price of $259.7. The impact to his portfolio due to this purchase was 1.14%. His holdings were 2,707,106 shares as of 09/30/2010.
Apple Computer, Inc. designs, manufactures and markets personal computers and related personal computing and communicating solutions for sale primarily to education, creative, consumer, and business customers. Apple Inc. has a market cap of $274.53 billion; its shares were traded at around $300.5 with a P/E ratio of 19.8 and P/S ratio of 4.2. Apple Inc. had an annual average earning growth of 59.8% over the past 5 years.
Added: Wyndham Worldwide Corp. (WYN)
Steve Mandel added to his holdings in Wyndham Worldwide Corp. by 139.39%. His purchase prices were between $20.12 and $28.27, with an estimated average price of $24.59. The impact to his portfolio due to this purchase was 0.89%. His holdings were 6,300,947 shares as of 09/30/2010.
Wyndham Worldwide offers individual consumers and business customers a broad array of hospitality products and services as well as various accommodation alternatives and price ranges through its premier portfolio of world-renowned brands. Wyndham Worldwide Corp. has a market cap of $5.01 billion; its shares were traded at around $28.04 with a P/E ratio of 14.4 and P/S ratio of 1.4. The dividend yield of Wyndham Worldwide Corp. stocks is 1.7%.
Added: Polo Ralph Lauren Corp. (RL)
Steve Mandel added to his holdings in Polo Ralph Lauren Corp. by 46.66%. His purchase prices were between $71.93 and $91.09, with an estimated average price of $81.14. The impact to his portfolio due to this purchase was 0.78%. His holdings were 3,088,927 shares as of 09/30/2010.
Polo Ralph Lauren Corp. is in the design, marketing and distribution of premium lifestyle products. Polo Ralph Lauren Corp. has a market cap of $10.11 billion; its shares were traded at around $105.42 with a P/E ratio of 19.1 and P/S ratio of 2.1. The dividend yield of Polo Ralph Lauren Corp. stocks is 0.4%. Polo Ralph Lauren Corp. had an annual average earning growth of 13.9% over the past 10 years. GuruFocus rated Polo Ralph Lauren Corp. the business predictability rank of 3-star.
Added: Crown Castle International Corp. (CCI)
Steve Mandel added to his holdings in Crown Castle International Corp. by 11.77%. His purchase prices were between $36.45 and $44.08, with an estimated average price of $40.38. The impact to his portfolio due to this purchase was 0.5%. His holdings were 12,246,997 shares as of 09/30/2010.
Crown Castle International is a owner and operator of towers and transmission networks for wireless communications and broadcast transmission companies. Crown Castle International Corp. has a market cap of $12.05 billion; its shares were traded at around $41.5 with and P/S ratio of 7.2. Crown Castle International Corp. had an annual average earning growth of 10% over the past 10 years. GuruFocus rated Crown Castle International Corp. the business predictability rank of 2.5-star.
Added: Vanceinfo Techonlogies Inc. (VIT)
Steve Mandel added to his holdings in Vanceinfo Techonlogies Inc. by 146.76%. His purchase prices were between $23.19 and $32.83, with an estimated average price of $27.57. The impact to his portfolio due to this purchase was 0.48%. His holdings were 2,835,474 shares as of 09/30/2010.
VanceInfo Technologies, Inc. provides information technology outsourcing services. Vanceinfo Techonlogies Inc. has a market cap of $1.38 billion; its shares were traded at around $34.5 with a P/E ratio of 51.5 and P/S ratio of 9.3.
Added: Lincare Holdings Inc. (LNCR)
Steve Mandel added to his holdings in Lincare Holdings Inc. by 52.44%. His purchase prices were between $22.59 and $28.81, with an estimated average price of $24.42. The impact to his portfolio due to this purchase was 0.47%. His holdings were 6,244,817 shares as of 09/30/2010.
Lincare Holdings Inc. is one of the nation's largest providers of oxygen and other respiratory therapy services to patients in the home. Lincare Holdings Inc. has a market cap of $2.54 billion; its shares were traded at around $25.85 with a P/E ratio of 14.4 and P/S ratio of 1.7. The dividend yield of Lincare Holdings Inc. stocks is 3.1%. Lincare Holdings Inc. had an annual average earning growth of 9.6% over the past 10 years. GuruFocus rated Lincare Holdings Inc. the business predictability rank of 3.5-star.
Added: Family Dollar Stores Inc. (FDO)
Steve Mandel added to his holdings in Family Dollar Stores Inc. by 29.04%. His purchase prices were between $36 and $44.05, with an estimated average price of $41.45. The impact to his portfolio due to this purchase was 0.41%. His holdings were 4,733,166 shares as of 09/30/2010.
Family Dollar Stores, Inc. is one of the fastest growing discount store chains in the United States. Family Dollar Stores Inc. has a market cap of $6.09 billion; its shares were traded at around $48.4 with a P/E ratio of 18.4 and P/S ratio of 0.8. The dividend yield of Family Dollar Stores Inc. stocks is 1.3%. Family Dollar Stores Inc. had an annual average earning growth of 8.1% over the past 10 years. GuruFocus rated Family Dollar Stores Inc. the business predictability rank of 4-star.
Added: Ameriprise Financial Inc. (AMP)
Steve Mandel added to his holdings in Ameriprise Financial Inc. by 20%. His purchase prices were between $36.18 and $48.38, with an estimated average price of $43.07. The impact to his portfolio due to this purchase was 0.37%. His holdings were 5,278,758 shares as of 09/30/2010.
AMERIPRISE FINANCIAL, INC. is a financial planning and services company with financial advisors and registered representatives that provides solutions for clients' asset accumulation, income management and insurance protection needs. Ameriprise Financial Inc. has a market cap of $12.92 billion; its shares were traded at around $51.48 with a P/E ratio of 12.3 and P/S ratio of 1.7. The dividend yield of Ameriprise Financial Inc. stocks is 1.4%.
Added: Visa Inc. (V)
Steve Mandel added to his holdings in Visa Inc. by 23.2%. His purchase prices were between $65.48 and $77.38, with an estimated average price of $72.17. The impact to his portfolio due to this purchase was 0.33%. His holdings were 2,716,607 shares as of 09/30/2010.
VISA operates the world's largest retail electronic payments network and is one of the most recognized global financial services brands. Visa Inc. has a market cap of $63.23 billion; its shares were traded at around $75.73 with a P/E ratio of 19.5 and P/S ratio of 7.9. The dividend yield of Visa Inc. stocks is 0.7%.
Added: Amphenol Corp. (APH)
Steve Mandel added to his holdings in Amphenol Corp. by 17.06%. His purchase prices were between $38.88 and $49.18, with an estimated average price of $44.06. The impact to his portfolio due to this purchase was 0.32%. His holdings were 5,055,079 shares as of 09/30/2010.
Amphenol Corporation is one of the world's largest designers, manufacturers and marketers of electrical, electronic and fiber optic connectors, interconnect systems and coaxial and flat-ribbon cable. Amphenol Corp. has a market cap of $8.52 billion; its shares were traded at around $49.07 with a P/E ratio of 19.7 and P/S ratio of 3. The dividend yield of Amphenol Corp. stocks is 0.1%. Amphenol Corp. had an annual average earning growth of 11.3% over the past 10 years.
Added: O'reilly Automotive Inc. (ORLY)
Steve Mandel added to his holdings in O'reilly Automotive Inc. by 16.75%. His purchase prices were between $46.07 and $54.07, with an estimated average price of $48.91. The impact to his portfolio due to this purchase was 0.31%. His holdings were 4,659,771 shares as of 09/30/2010.
O'Reilly Automotive, Inc. is a specialty retailer and supplier of automotive aftermarket parts, tools, supplies, equipment and accessories to both ``do-it-yourself`` customers and professional mechanics or service technicians. O'reilly Automotive Inc. has a market cap of $8.16 billion; its shares were traded at around $58.82 with a P/E ratio of 20.4 and P/S ratio of 1.7. O'reilly Automotive Inc. had an annual average earning growth of 16.1% over the past 10 years. GuruFocus rated O'reilly Automotive Inc. the business predictability rank of 5-star.
Added: Career Education Corp. (CECO)
Steve Mandel added to his holdings in Career Education Corp. by 40.91%. His purchase prices were between $17.12 and $26.43, with an estimated average price of $21.14. The impact to his portfolio due to this purchase was 0.22%. His holdings were 3,968,301 shares as of 09/30/2010.
Career Education Corporation is a provider of private, for-profit post-secondary education with campuses throughout the United States and Canada, the United Kingdom and the United Arab Emirates. Career Education Corp. has a market cap of $1.53 billion; its shares were traded at around $18.86 with a P/E ratio of 6.7 and P/S ratio of 0.8. Career Education Corp. had an annual average earning growth of 12.8% over the past 10 years.
Added: Live Nation Inc. (LYV)
Steve Mandel added to his holdings in Live Nation Inc. by 18.56%. His purchase prices were between $8.43 and $11.43, with an estimated average price of $9.52. The impact to his portfolio due to this purchase was 0.19%. His holdings were 13,878,448 shares as of 09/30/2010.
Live Nation Entertainment, Inc. is the world's premier live entertainment company, consisting of Live Nation, Ticketmaster and Front Line Management Group. Live Nation Inc. has a market cap of $1.73 billion; its shares were traded at around $9.96 with and P/S ratio of 0.4. Live Nation Inc. had an annual average earning growth of 7.5% over the past 5 years.
Added: Popular Inc. (BPOP)
Steve Mandel added to his holdings in Popular Inc. by 30.96%. His purchase prices were between $2.45 and $2.95, with an estimated average price of $2.71. The impact to his portfolio due to this purchase was 0.14%. His holdings were 23,859,676 shares as of 09/30/2010.
Popular, Inc. is a diversified, publicly owned bank holding company. Popular Inc. has a market cap of $2.89 billion; its shares were traded at around $2.83 with and P/S ratio of 1.1.
Added: Devry Inc. (DV)
Steve Mandel added to his holdings in Devry Inc. by 23.98%. His purchase prices were between $37.5 and $59.29, with an estimated average price of $46.39. The impact to his portfolio due to this purchase was 0.13%. His holdings were 1,594,469 shares as of 09/30/2010.
DeVry Inc. owns and operates DeVry Institutes of Technology, DenverTechnical College, Keller Graduate School of Management and Becker Conviser CPA Review. Devry Inc. has a market cap of $3.22 billion; its shares were traded at around $45.52 with a P/E ratio of 11 and P/S ratio of 1.7. The dividend yield of Devry Inc. stocks is 0.4%. Devry Inc. had an annual average earning growth of 13.9% over the past 10 years.
Added: Suntimes Media Group Inc. (SVN)
Steve Mandel added to his holdings in Suntimes Media Group Inc. by 44.56%. His purchase prices were between $10.78 and $18.04, with an estimated average price of $13.78. The impact to his portfolio due to this purchase was 0.06%. His holdings were 1,217,331 shares as of 09/30/2010.
7 Days Group Holdings Limited is a hotel chain based in China. Suntimes Media Group Inc. has a market cap of $1.08 billion; its shares were traded at around $22.18 with a P/E ratio of 739.3 and P/S ratio of 6.1.
Added: China Lodging Group Ltd. (HTHT)
Steve Mandel added to his holdings in China Lodging Group Ltd. by 46.71%. His purchase prices were between $14.5 and $24.93, with an estimated average price of $19.78. The impact to his portfolio due to this purchase was 0.06%. His holdings were 868,903 shares as of 09/30/2010.
China Lodging Group, Limited is an economy hotel chain operator in China. China Lodging Group Ltd. has a market cap of $1.38 billion; its shares were traded at around $23.44 .
New Purchase: Colgatepalmolive Company (CL, Financial)
Steve Mandel initiated holdings in Colgatepalmolive Company. His purchase prices were between $73.84 and $84.59, with an estimated average price of $78.29. The impact to his portfolio due to this purchase was 1.83%. His holdings were 2,708,179 shares as of 09/30/2010.
Colgate-Palmolive is a global consumer products company, tightly focused on Oral Care, Personal Care, Household Surface Care, Fabric Care and Pet Nutrition. Colgatepalmolive Company has a market cap of $37.6 billion; its shares were traded at around $77.37 with a P/E ratio of 16.1 and P/S ratio of 2.5. The dividend yield of Colgatepalmolive Company stocks is 2.8%. Colgatepalmolive Company had an annual average earning growth of 8.6% over the past 10 years. GuruFocus rated Colgatepalmolive Company the business predictability rank of 4-star.
New Purchase: Express Scripts Inc. (ESRX, Financial)
Steve Mandel initiated holdings in Express Scripts Inc.. His purchase prices were between $42.12 and $49.6, with an estimated average price of $45.84. The impact to his portfolio due to this purchase was 1.81%. His holdings were 4,237,421 shares as of 09/30/2010.
Express Scripts, Inc. is one of the largest pharmacy benefit management companies in North America. Express Scripts Inc. has a market cap of $27.89 billion; its shares were traded at around $51.41 with a P/E ratio of 22.5 and P/S ratio of 1.1. Express Scripts Inc. had an annual average earning growth of 28.8% over the past 10 years. GuruFocus rated Express Scripts Inc. the business predictability rank of 4.5-star.
New Purchase: Charles Schwab Corp. (SCHW, Financial)
Steve Mandel initiated holdings in Charles Schwab Corp.. His purchase prices were between $12.76 and $15.43, with an estimated average price of $14.28. The impact to his portfolio due to this purchase was 1.54%. His holdings were 12,620,845 shares as of 09/30/2010.
Charles Schwab Corp. provides a full-service investing experience to customers through a clicks and mortar multi-dimensional, five channel offering of the Internet, branch offices, speech recognition, touch-tone telephone, e-mail and wireless technologies, multilingual and international services, and direct access to professionals day or night. Charles Schwab Corp. has a market cap of $17.96 billion; its shares were traded at around $15.04 with a P/E ratio of 29.5 and P/S ratio of 4.3. The dividend yield of Charles Schwab Corp. stocks is 1.6%. Charles Schwab Corp. had an annual average earning growth of 11.2% over the past 10 years.
New Purchase: Netapp Inc Common Stock (NTAP)
Steve Mandel initiated holdings in Netapp Inc Common Stock. His purchase prices were between $37.12 and $51, with an estimated average price of $43.01. The impact to his portfolio due to this purchase was 1.43%. His holdings were 3,272,364 shares as of 09/30/2010.
NetApp Inc., formerly Network Appliance, Inc., is a provider of innovative data management solutions that simplify the complexity of storing, managing, protecting, and retaining enterprise data. Netapp Inc Common Stock has a market cap of $17.59 billion; its shares were traded at around $49.25 with a P/E ratio of 36 and P/S ratio of 4.5. Netapp Inc Common Stock had an annual average earning growth of 13% over the past 10 years.
New Purchase: Transdigm Group Inc. (TDG)
Steve Mandel initiated holdings in Transdigm Group Inc.. His purchase prices were between $50.07 and $63.56, with an estimated average price of $56.76. The impact to his portfolio due to this purchase was 1.35%. His holdings were 2,479,871 shares as of 09/30/2010.
TransDigm Group, through its wholly-owned subsidiaries, including TransDigm Inc. Transdigm Group Inc. has a market cap of $3.32 billion; its shares were traded at around $67.29 with a P/E ratio of 21.2 and P/S ratio of 4.4. Transdigm Group Inc. had an annual average earning growth of 20.7% over the past 5 years.
New Purchase: Dick's Sporting Goods Inc. (DKS)
Steve Mandel initiated holdings in Dick's Sporting Goods Inc.. His purchase prices were between $24.39 and $28.35, with an estimated average price of $26.31. The impact to his portfolio due to this purchase was 1.24%. His holdings were 5,054,663 shares as of 09/30/2010.
Dick's Sporting Goods is a full-line sporting goods retailer in the United States. Dick's Sporting Goods Inc. has a market cap of $3.86 billion; its shares were traded at around $33.33 with a P/E ratio of 24.3 and P/S ratio of 0.9. Dick's Sporting Goods Inc. had an annual average earning growth of 11.2% over the past 10 years.
New Purchase: 21st Century Insurance Group (TW)
Steve Mandel initiated holdings in 21st Century Insurance Group. His purchase prices were between $38.35 and $48.77, with an estimated average price of $44.72. The impact to his portfolio due to this purchase was 0.9%. His holdings were 2,093,206 shares as of 09/30/2010.
Towers Watson & Co. is a global professional services company that helps organizations improve performance through effective people, risk and financial management. 21st Century Insurance Group has a market cap of $2.12 billion; its shares were traded at around $50.08 with a P/E ratio of 14.2 and P/S ratio of 0.9. The dividend yield of 21st Century Insurance Group stocks is 0.6%.
New Purchase: Informatica Corp. (INFA)
Steve Mandel initiated holdings in Informatica Corp.. His purchase prices were between $23.79 and $38.34, with an estimated average price of $31.45. The impact to his portfolio due to this purchase was 0.52%. His holdings were 1,555,884 shares as of 09/30/2010.
Informatica Corp. is a provider of software solutions that help large companies deploy, manage, maintain and grow systems that enable more effective business decision making. Informatica Corp. has a market cap of $3.58 billion; its shares were traded at around $38.72 with a P/E ratio of 45.5 and P/S ratio of 7.1. Informatica Corp. had an annual average earning growth of 63.6% over the past 5 years.
New Purchase: Viasat Inc. (VSAT)
Steve Mandel initiated holdings in Viasat Inc.. His purchase prices were between $31.14 and $40.85, with an estimated average price of $35.83. The impact to his portfolio due to this purchase was 0.21%. His holdings were 580,411 shares as of 09/30/2010.
ViaSat Inc. designs, produces and markets advanced digital satellitetelecommunications and other networking and signal processing equipment. Viasat Inc. has a market cap of $1.62 billion; its shares were traded at around $39.87 with a P/E ratio of 36.2 and P/S ratio of 2.3. Viasat Inc. had an annual average earning growth of 7.1% over the past 5 years.
New Purchase: Home Inns & Hotels Management Inc. (HMIN)
Steve Mandel initiated holdings in Home Inns & Hotels Management Inc.. His purchase prices were between $37.3 and $50.79, with an estimated average price of $43.62. The impact to his portfolio due to this purchase was 0.1%. His holdings were 235,870 shares as of 09/30/2010.
Home Inns & Hotels Management Inc. is a economy hotel chain in China based on the number of hotels and hotel rooms, as well as the geographic coverage of the hotel chain. Home Inns & Hotels Management Inc. has a market cap of $1.94 billion; its shares were traded at around $48.06 with a P/E ratio of 61.5 and P/S ratio of 5.1.
Reduced: Qualcomm Inc. (QCOM, Financial)
Steve Mandel reduced to his holdings in Qualcomm Inc. by 74.08%. His sale prices were between $32.37 and $44.59, with an estimated average price of $39.06. The impact to his portfolio due to this sale was -2.86%. Steve Mandel still held 2,523,708 shares as of 09/30/2010.
QUALCOMM Inc. develops and delivers innovative digital wireless communications products and services based on the company's CDMA digital technology. Qualcomm Inc. has a market cap of $77.02 billion; its shares were traded at around $47.98 with a P/E ratio of 23.3 and P/S ratio of 6.9. The dividend yield of Qualcomm Inc. stocks is 1.5%. Qualcomm Inc. had an annual average earning growth of 15.4% over the past 10 years. GuruFocus rated Qualcomm Inc. the business predictability rank of 1-star.
Reduced: Priceline.com Inc. (PCLN)
Steve Mandel reduced to his holdings in Priceline.com Inc. by 69.91%. His sale prices were between $176.41 and $349.93, with an estimated average price of $278.34. The impact to his portfolio due to this sale was -2.53%. Steve Mandel still held 357,591 shares as of 09/30/2010.
Priceline.com Incorporated has pioneered a unique e-commerce pricing system known as a `demand collection system` that enables consumers to use the Internet to save money on a wide range of products and services while enabling sellers to generate incremental revenue. Priceline.com Inc. has a market cap of $19.58 billion; its shares were traded at around $404.68 with a P/E ratio of 36.7 and P/S ratio of 8.3. Priceline.com Inc. had an annual average earning growth of 62.8% over the past 5 years.
Reduced: Amazon.com Inc. (AMZN)
Steve Mandel reduced to his holdings in Amazon.com Inc. by 64.91%. His sale prices were between $109.14 and $160.73, with an estimated average price of $130.34. The impact to his portfolio due to this sale was -2.02%. Steve Mandel still held 791,755 shares as of 09/30/2010.
Amazon.com, Inc. seeks to be the world's most customer-centric company, where customers can find and discover anything they may want to buy online. Amazon.com Inc. has a market cap of $70.91 billion; its shares were traded at around $158.35 with a P/E ratio of 64 and P/S ratio of 2.9. Amazon.com Inc. had an annual average earning growth of 21.8% over the past 5 years.
Reduced: Mcdonald's Corp. (MCD)
Steve Mandel reduced to his holdings in Mcdonald's Corp. by 72.67%. His sale prices were between $66.11 and $76.08, with an estimated average price of $72.3. The impact to his portfolio due to this sale was -1.73%. Steve Mandel still held 998,239 shares as of 09/30/2010.
McDonald's Corporation develops, operates, franchises and services a worldwide system of restaurants that prepare, assemble, package and sell a limited menu of value-priced foods. Mcdonald's Corp. has a market cap of $83.41 billion; its shares were traded at around $78.37 with a P/E ratio of 17.4 and P/S ratio of 3.6. The dividend yield of Mcdonald's Corp. stocks is 2.9%. Mcdonald's Corp. had an annual average earning growth of 14.7% over the past 10 years. GuruFocus rated Mcdonald's Corp. the business predictability rank of 2.5-star.
Reduced: Jpmorgan Chase & Co. (JPM)
Steve Mandel reduced to his holdings in Jpmorgan Chase & Co. by 28.74%. His sale prices were between $35.63 and $41.64, with an estimated average price of $39.01. The impact to his portfolio due to this sale was -1.58%. Steve Mandel still held 11,711,781 shares as of 09/30/2010.
J.P. Morgan Chase & Co. is a global financial services firm. Jpmorgan Chase & Co. has a market cap of $155.36 billion; its shares were traded at around $39.18 with a P/E ratio of 11 and P/S ratio of 1.6. The dividend yield of Jpmorgan Chase & Co. stocks is 0.5%.
Reduced: Cognizant Technology Solutions Corp. (CTSH)
Steve Mandel reduced to his holdings in Cognizant Technology Solutions Corp. by 22.28%. His sale prices were between $49.38 and $65.17, with an estimated average price of $58.61. The impact to his portfolio due to this sale was -1.5%. Steve Mandel still held 9,223,288 shares as of 09/30/2010.
Cognizant Technology Solutions delivers high-quality, cost-effective, full life cycle solutions to complex software development and maintenance problems that companies face as they transition to e-business. Cognizant Technology Solutions Corp. has a market cap of $18.89 billion; its shares were traded at around $62.78 with a P/E ratio of 28.8 and P/S ratio of 5.7. Cognizant Technology Solutions Corp. had an annual average earning growth of 40.3% over the past 10 years. GuruFocus rated Cognizant Technology Solutions Corp. the business predictability rank of 5-star.
Reduced: Citrix Systems Inc. (CTXS)
Steve Mandel reduced to his holdings in Citrix Systems Inc. by 48.21%. His sale prices were between $42.11 and $71.06, with an estimated average price of $56.97. The impact to his portfolio due to this sale was -1.15%. Steve Mandel still held 2,063,852 shares as of 09/30/2010.
Citrix Systems, Inc. is one of the suppliers of application delivery and management software and services that enable the effective and efficient enterprise-wide deployment and management of applications. Citrix Systems Inc. has a market cap of $11.85 billion; its shares were traded at around $63.41 with a P/E ratio of 38 and P/S ratio of 7.3. Citrix Systems Inc. had an annual average earning growth of 4.2% over the past 10 years.
Reduced: Davita Inc. (DVA)
Steve Mandel reduced to his holdings in Davita Inc. by 32.61%. His sale prices were between $56.83 and $68.95, with an estimated average price of $63. The impact to his portfolio due to this sale was -0.87%. Steve Mandel still held 2,964,583 shares as of 09/30/2010.
DaVita Inc. is one of the largest providers of high-quality dialysis and related services for patients suffering from chronic kidney failure, also known as end stage renal disease. Davita Inc. has a market cap of $7.32 billion; its shares were traded at around $71.36 with a P/E ratio of 16.5 and P/S ratio of 1.2. Davita Inc. had an annual average earning growth of 23.5% over the past 10 years. GuruFocus rated Davita Inc. the business predictability rank of 4-star.
Reduced: Google Inc. (GOOG)
Steve Mandel reduced to his holdings in Google Inc. by 49.07%. His sale prices were between $436.07 and $530.41, with an estimated average price of $482.21. The impact to his portfolio due to this sale was -0.66%. Steve Mandel still held 149,766 shares as of 09/30/2010.
Google is a public and profitable company focused on search services. Google Inc. has a market cap of $185.98 billion; its shares were traded at around $583.55 with a P/E ratio of 23.7 and P/S ratio of 7.8. Google Inc. had an annual average earning growth of 65.7% over the past 10 years.
Reduced: Green Mountain Coffee Roasters Inc. (GMCR)
Steve Mandel reduced to his holdings in Green Mountain Coffee Roasters Inc. by 31.31%. His sale prices were between $25.82 and $37.55, with an estimated average price of $31.38. The impact to his portfolio due to this sale was -0.65%. Steve Mandel still held 5,227,990 shares as of 09/30/2010.
Green Mountain Coffee roasts high-quality arabica coffees to produce a variety of coffee which it sells through a coordinated multi-channel distribution network in its wholesale and direct mail operations. Green Mountain Coffee Roasters Inc. has a market cap of $4.12 billion; its shares were traded at around $31.19 with a P/E ratio of 52.5 and P/S ratio of 5.2. Green Mountain Coffee Roasters Inc. had an annual average earning growth of 22.4% over the past 10 years.
Reduced: Activision Blizzard, Inc (ATVI)
Steve Mandel reduced to his holdings in Activision Blizzard, Inc by 46.72%. His sale prices were between $10.54 and $11.95, with an estimated average price of $11.15. The impact to his portfolio due to this sale was -0.58%. Steve Mandel still held 6,995,112 shares as of 09/30/2010.
ACTIVISION BLIZZARD, INC. is a worldwide pure-play online and console game publisher with market positions across all categories of the rapidly growing interactive entertainment software industry. Activision Blizzard, Inc has a market cap of $14.23 billion; its shares were traded at around $11.62 with a P/E ratio of 18.2 and P/S ratio of 3.3. The dividend yield of Activision Blizzard, Inc stocks is 1.3%.
Reduced: Salesforce.com Inc. (CRM)
Steve Mandel reduced to his holdings in Salesforce.com Inc. by 29.57%. His sale prices were between $87.11 and $123.14, with an estimated average price of $105.63. The impact to his portfolio due to this sale was -0.39%. Steve Mandel still held 942,973 shares as of 09/30/2010.
Salesforce.com is the market and technology leader in on-demand business services. Salesforce.com Inc. has a market cap of $14.31 billion; its shares were traded at around $110.15 with a P/E ratio of 166.9 and P/S ratio of 10.9.
Sold Out: Hewlettpackard Company (HPQ, Financial)
Steve Mandel sold out his holdings in Hewlettpackard Company. His sale prices were between $38 and $47.57, with an estimated average price of $42.45.
Hewlett Packard is one of the global providers of computing and imaging solutions and services for business and home. Hewlettpackard Company has a market cap of $92.91 billion; its shares were traded at around $40.97 with a P/E ratio of 9.3 and P/S ratio of 0.8. The dividend yield of Hewlettpackard Company stocks is 0.8%. Hewlettpackard Company had an annual average earning growth of 26.5% over the past 5 years.
Sold Out: Td Ameritrade Holding Corp. (AMTD, Financial)
Steve Mandel sold out his holdings in Td Ameritrade Holding Corp.. His sale prices were between $14.62 and $16.86, with an estimated average price of $15.63.
TD Ameritrade Holding Corporation has a servicing self-directed investors through its brokerage subsidiaries. Td Ameritrade Holding Corp. has a market cap of $9.96 billion; its shares were traded at around $17.29 with a P/E ratio of 17.8 and P/S ratio of 3.9. Td Ameritrade Holding Corp. had an annual average earning growth of 0.7% over the past 5 years.
Sold Out: Pactiv Corp. (PTV)
Steve Mandel sold out his holdings in Pactiv Corp.. His sale prices were between $28.2 and $32.95, with an estimated average price of $31.25.
Pact Corporation is one of the providers of advanced packaging solutions for the consumer, foodservice/food packaging and protective/flexible packaging markets. with a P/E ratio of 17.7 and P/S ratio of 1.4. Pactiv Corp. had an annual average earning growth of 4.6% over the past 10 years. GuruFocus rated Pactiv Corp. the business predictability rank of 4-star.
Sold Out: Owens Corning (OC)
Steve Mandel sold out his holdings in Owens Corning. His sale prices were between $23.71 and $32.68, with an estimated average price of $27.94.
Owens Corning is a world leader in building materials systems and composite solutions. Owens Corning has a market cap of $3.4 billion; its shares were traded at around $26.51 with a P/E ratio of 19.5 and P/S ratio of 0.7.
Sold Out: Regal Entertainment Group (RGC)
Steve Mandel sold out his holdings in Regal Entertainment Group. His sale prices were between $11.74 and $14.26, with an estimated average price of $13.09.
Regal Entertainment Group is a motion picture exhibitor operating the largest theatre circuit in the United States. Regal Entertainment Group has a market cap of $2.04 billion; its shares were traded at around $13.24 with a P/E ratio of 21.4 and P/S ratio of 0.7. The dividend yield of Regal Entertainment Group stocks is 5.5%.
Sold Out: Vistaprint Ltd. (VPRT)
Steve Mandel sold out his holdings in Vistaprint Ltd.. His sale prices were between $28.08 and $51.21, with an estimated average price of $38.01.
Vistaprint N.V. is an online provider of coordinated portfolios of marketing products and services to small businesses globally. Vistaprint Ltd. has a market cap of $1.77 billion; its shares were traded at around $40.27 with a P/E ratio of 28 and P/S ratio of 2.6. Vistaprint Ltd. had an annual average earning growth of 41.6% over the past 5 years.
Sold Out: Cninsure Inc. (CISG)
Steve Mandel sold out his holdings in Cninsure Inc.. His sale prices were between $20.97 and $27.35, with an estimated average price of $23.52.
Cninsure Inc. is a independent insurance agency and brokerage company operating in China. Cninsure Inc. has a market cap of $1.15 billion; its shares were traded at around $22.93 with a P/E ratio of 20.9 and P/S ratio of 6.8. The dividend yield of Cninsure Inc. stocks is 1%.
Sold Out: Quinstreet Inc. (QNST)
Steve Mandel sold out his holdings in Quinstreet Inc.. His sale prices were between $10.01 and $15.11, with an estimated average price of $12.04.
QuinStreet Inc, is a provider of online direct marketing and media services. Quinstreet Inc. has a market cap of $844.9 million; its shares were traded at around $18.74 with a P/E ratio of 30.2 and P/S ratio of 2.6.
Lone Pine Capital lost 26% in 2008, bettering than the market by 10%. Then gained 17.7% in 2009, and 10% in YTD 2010.
You can also check other Tiger family of hedge funds we just updated: Maverick Capital and Blueridge Capital.
As of 09/30/2010, Lone Pine Capital owns 54 stocks with a total value of $11.4 billion. These are the details of the buys and sells.
- New Purchases: CL, ESRX, SCHW, NTAP, TDG, DKS, TW, INFA, VSAT, HMIN,
- Added Positions: DG, EQIX, AAPL, WYN, RL, CCI, VIT, LNCR, FDO, AMP, V, APH, ORLY, CECO, LYV, BPOP, DV, SVN, HTHT,
- Reduced Positions: TW, QCOM, PCLN, AMZN, MCD, JPM, CTSH, CTXS, DVA, GOOG, GMCR, ATVI, CRM,
- Sold Out: HPQ, AMTD, PTV, OC, RGC, VPRT, CISG, QNST,
This is the sector weightings of his portfolio:
These are the top 5 holdings of Steve Mandel
- Apple Inc. (AAPL) - 2,707,106 shares, 6.75% of the total portfolio. Shares added by 20.26%
- Yum! Brands Inc. (YUM) - 15,053,094 shares, 6.09% of the total portfolio.
- Cognizant Technology Solutions Corp. (CTSH) - 9,223,288 shares, 5.22% of the total portfolio. Shares reduced by 22.28%
- Crown Castle International Corp. (CCI) - 12,246,997 shares, 4.75% of the total portfolio. Shares added by 11.77%
- JPMorgan Chase & Co. (JPM) - 11,711,781 shares, 3.92% of the total portfolio. Shares reduced by 28.74%
Reduced: 21st Century Insurance Group (TW, Financial)
Steve Mandel reduced to his holdings in 21st Century Insurance Group by 97.85%. The impact to his portfolio due to this sale was 0.89%. Steve Mandel still held 45,072 shares as of 09/30/2010.
Towers Watson & Co. is a global professional services company that helps organizations improve performance through effective people, risk and financial management. 21st Century Insurance Group has a market cap of $2.12 billion; its shares were traded at around $50.08 with a P/E ratio of 14.2 and P/S ratio of 0.9. The dividend yield of 21st Century Insurance Group stocks is 0.6%.
Added: Dollar General Corp. (DG, Financial)
Steve Mandel added to his holdings in Dollar General Corp. by 256.5%. His purchase prices were between $27.31 and $30.1, with an estimated average price of $28.54. The impact to his portfolio due to this purchase was 1.58%. His holdings were 8,561,804 shares as of 09/30/2010.
Dollar General Corporation is a discount retailer in the United States. Dollar General Corp. has a market cap of $10.13 billion; its shares were traded at around $29.71 with a P/E ratio of 19.1 and P/S ratio of 0.8.
Added: Equinix Inc. (EQIX, Financial)
Steve Mandel added to his holdings in Equinix Inc. by 92.66%. His purchase prices were between $78.57 and $103.31, with an estimated average price of $91.5. The impact to his portfolio due to this purchase was 1.44%. His holdings were 3,336,520 shares as of 09/30/2010.
Equinix designs, builds and operates neutral Internet Business Exchangecenters where Internet businesses place their equipment and their network facilities in order to interconnect with each other. Equinix Inc. has a market cap of $3.71 billion; its shares were traded at around $81.38 with a P/E ratio of 61.7 and P/S ratio of 4.2.
Added: Apple Inc. (AAPL)
Steve Mandel added to his holdings in Apple Inc. by 20.26%. His purchase prices were between $239.93 and $292.32, with an estimated average price of $259.7. The impact to his portfolio due to this purchase was 1.14%. His holdings were 2,707,106 shares as of 09/30/2010.
Apple Computer, Inc. designs, manufactures and markets personal computers and related personal computing and communicating solutions for sale primarily to education, creative, consumer, and business customers. Apple Inc. has a market cap of $274.53 billion; its shares were traded at around $300.5 with a P/E ratio of 19.8 and P/S ratio of 4.2. Apple Inc. had an annual average earning growth of 59.8% over the past 5 years.
Added: Wyndham Worldwide Corp. (WYN)
Steve Mandel added to his holdings in Wyndham Worldwide Corp. by 139.39%. His purchase prices were between $20.12 and $28.27, with an estimated average price of $24.59. The impact to his portfolio due to this purchase was 0.89%. His holdings were 6,300,947 shares as of 09/30/2010.
Wyndham Worldwide offers individual consumers and business customers a broad array of hospitality products and services as well as various accommodation alternatives and price ranges through its premier portfolio of world-renowned brands. Wyndham Worldwide Corp. has a market cap of $5.01 billion; its shares were traded at around $28.04 with a P/E ratio of 14.4 and P/S ratio of 1.4. The dividend yield of Wyndham Worldwide Corp. stocks is 1.7%.
Added: Polo Ralph Lauren Corp. (RL)
Steve Mandel added to his holdings in Polo Ralph Lauren Corp. by 46.66%. His purchase prices were between $71.93 and $91.09, with an estimated average price of $81.14. The impact to his portfolio due to this purchase was 0.78%. His holdings were 3,088,927 shares as of 09/30/2010.
Polo Ralph Lauren Corp. is in the design, marketing and distribution of premium lifestyle products. Polo Ralph Lauren Corp. has a market cap of $10.11 billion; its shares were traded at around $105.42 with a P/E ratio of 19.1 and P/S ratio of 2.1. The dividend yield of Polo Ralph Lauren Corp. stocks is 0.4%. Polo Ralph Lauren Corp. had an annual average earning growth of 13.9% over the past 10 years. GuruFocus rated Polo Ralph Lauren Corp. the business predictability rank of 3-star.
Added: Crown Castle International Corp. (CCI)
Steve Mandel added to his holdings in Crown Castle International Corp. by 11.77%. His purchase prices were between $36.45 and $44.08, with an estimated average price of $40.38. The impact to his portfolio due to this purchase was 0.5%. His holdings were 12,246,997 shares as of 09/30/2010.
Crown Castle International is a owner and operator of towers and transmission networks for wireless communications and broadcast transmission companies. Crown Castle International Corp. has a market cap of $12.05 billion; its shares were traded at around $41.5 with and P/S ratio of 7.2. Crown Castle International Corp. had an annual average earning growth of 10% over the past 10 years. GuruFocus rated Crown Castle International Corp. the business predictability rank of 2.5-star.
Added: Vanceinfo Techonlogies Inc. (VIT)
Steve Mandel added to his holdings in Vanceinfo Techonlogies Inc. by 146.76%. His purchase prices were between $23.19 and $32.83, with an estimated average price of $27.57. The impact to his portfolio due to this purchase was 0.48%. His holdings were 2,835,474 shares as of 09/30/2010.
VanceInfo Technologies, Inc. provides information technology outsourcing services. Vanceinfo Techonlogies Inc. has a market cap of $1.38 billion; its shares were traded at around $34.5 with a P/E ratio of 51.5 and P/S ratio of 9.3.
Added: Lincare Holdings Inc. (LNCR)
Steve Mandel added to his holdings in Lincare Holdings Inc. by 52.44%. His purchase prices were between $22.59 and $28.81, with an estimated average price of $24.42. The impact to his portfolio due to this purchase was 0.47%. His holdings were 6,244,817 shares as of 09/30/2010.
Lincare Holdings Inc. is one of the nation's largest providers of oxygen and other respiratory therapy services to patients in the home. Lincare Holdings Inc. has a market cap of $2.54 billion; its shares were traded at around $25.85 with a P/E ratio of 14.4 and P/S ratio of 1.7. The dividend yield of Lincare Holdings Inc. stocks is 3.1%. Lincare Holdings Inc. had an annual average earning growth of 9.6% over the past 10 years. GuruFocus rated Lincare Holdings Inc. the business predictability rank of 3.5-star.
Added: Family Dollar Stores Inc. (FDO)
Steve Mandel added to his holdings in Family Dollar Stores Inc. by 29.04%. His purchase prices were between $36 and $44.05, with an estimated average price of $41.45. The impact to his portfolio due to this purchase was 0.41%. His holdings were 4,733,166 shares as of 09/30/2010.
Family Dollar Stores, Inc. is one of the fastest growing discount store chains in the United States. Family Dollar Stores Inc. has a market cap of $6.09 billion; its shares were traded at around $48.4 with a P/E ratio of 18.4 and P/S ratio of 0.8. The dividend yield of Family Dollar Stores Inc. stocks is 1.3%. Family Dollar Stores Inc. had an annual average earning growth of 8.1% over the past 10 years. GuruFocus rated Family Dollar Stores Inc. the business predictability rank of 4-star.
Added: Ameriprise Financial Inc. (AMP)
Steve Mandel added to his holdings in Ameriprise Financial Inc. by 20%. His purchase prices were between $36.18 and $48.38, with an estimated average price of $43.07. The impact to his portfolio due to this purchase was 0.37%. His holdings were 5,278,758 shares as of 09/30/2010.
AMERIPRISE FINANCIAL, INC. is a financial planning and services company with financial advisors and registered representatives that provides solutions for clients' asset accumulation, income management and insurance protection needs. Ameriprise Financial Inc. has a market cap of $12.92 billion; its shares were traded at around $51.48 with a P/E ratio of 12.3 and P/S ratio of 1.7. The dividend yield of Ameriprise Financial Inc. stocks is 1.4%.
Added: Visa Inc. (V)
Steve Mandel added to his holdings in Visa Inc. by 23.2%. His purchase prices were between $65.48 and $77.38, with an estimated average price of $72.17. The impact to his portfolio due to this purchase was 0.33%. His holdings were 2,716,607 shares as of 09/30/2010.
VISA operates the world's largest retail electronic payments network and is one of the most recognized global financial services brands. Visa Inc. has a market cap of $63.23 billion; its shares were traded at around $75.73 with a P/E ratio of 19.5 and P/S ratio of 7.9. The dividend yield of Visa Inc. stocks is 0.7%.
Added: Amphenol Corp. (APH)
Steve Mandel added to his holdings in Amphenol Corp. by 17.06%. His purchase prices were between $38.88 and $49.18, with an estimated average price of $44.06. The impact to his portfolio due to this purchase was 0.32%. His holdings were 5,055,079 shares as of 09/30/2010.
Amphenol Corporation is one of the world's largest designers, manufacturers and marketers of electrical, electronic and fiber optic connectors, interconnect systems and coaxial and flat-ribbon cable. Amphenol Corp. has a market cap of $8.52 billion; its shares were traded at around $49.07 with a P/E ratio of 19.7 and P/S ratio of 3. The dividend yield of Amphenol Corp. stocks is 0.1%. Amphenol Corp. had an annual average earning growth of 11.3% over the past 10 years.
Added: O'reilly Automotive Inc. (ORLY)
Steve Mandel added to his holdings in O'reilly Automotive Inc. by 16.75%. His purchase prices were between $46.07 and $54.07, with an estimated average price of $48.91. The impact to his portfolio due to this purchase was 0.31%. His holdings were 4,659,771 shares as of 09/30/2010.
O'Reilly Automotive, Inc. is a specialty retailer and supplier of automotive aftermarket parts, tools, supplies, equipment and accessories to both ``do-it-yourself`` customers and professional mechanics or service technicians. O'reilly Automotive Inc. has a market cap of $8.16 billion; its shares were traded at around $58.82 with a P/E ratio of 20.4 and P/S ratio of 1.7. O'reilly Automotive Inc. had an annual average earning growth of 16.1% over the past 10 years. GuruFocus rated O'reilly Automotive Inc. the business predictability rank of 5-star.
Added: Career Education Corp. (CECO)
Steve Mandel added to his holdings in Career Education Corp. by 40.91%. His purchase prices were between $17.12 and $26.43, with an estimated average price of $21.14. The impact to his portfolio due to this purchase was 0.22%. His holdings were 3,968,301 shares as of 09/30/2010.
Career Education Corporation is a provider of private, for-profit post-secondary education with campuses throughout the United States and Canada, the United Kingdom and the United Arab Emirates. Career Education Corp. has a market cap of $1.53 billion; its shares were traded at around $18.86 with a P/E ratio of 6.7 and P/S ratio of 0.8. Career Education Corp. had an annual average earning growth of 12.8% over the past 10 years.
Added: Live Nation Inc. (LYV)
Steve Mandel added to his holdings in Live Nation Inc. by 18.56%. His purchase prices were between $8.43 and $11.43, with an estimated average price of $9.52. The impact to his portfolio due to this purchase was 0.19%. His holdings were 13,878,448 shares as of 09/30/2010.
Live Nation Entertainment, Inc. is the world's premier live entertainment company, consisting of Live Nation, Ticketmaster and Front Line Management Group. Live Nation Inc. has a market cap of $1.73 billion; its shares were traded at around $9.96 with and P/S ratio of 0.4. Live Nation Inc. had an annual average earning growth of 7.5% over the past 5 years.
Added: Popular Inc. (BPOP)
Steve Mandel added to his holdings in Popular Inc. by 30.96%. His purchase prices were between $2.45 and $2.95, with an estimated average price of $2.71. The impact to his portfolio due to this purchase was 0.14%. His holdings were 23,859,676 shares as of 09/30/2010.
Popular, Inc. is a diversified, publicly owned bank holding company. Popular Inc. has a market cap of $2.89 billion; its shares were traded at around $2.83 with and P/S ratio of 1.1.
Added: Devry Inc. (DV)
Steve Mandel added to his holdings in Devry Inc. by 23.98%. His purchase prices were between $37.5 and $59.29, with an estimated average price of $46.39. The impact to his portfolio due to this purchase was 0.13%. His holdings were 1,594,469 shares as of 09/30/2010.
DeVry Inc. owns and operates DeVry Institutes of Technology, DenverTechnical College, Keller Graduate School of Management and Becker Conviser CPA Review. Devry Inc. has a market cap of $3.22 billion; its shares were traded at around $45.52 with a P/E ratio of 11 and P/S ratio of 1.7. The dividend yield of Devry Inc. stocks is 0.4%. Devry Inc. had an annual average earning growth of 13.9% over the past 10 years.
Added: Suntimes Media Group Inc. (SVN)
Steve Mandel added to his holdings in Suntimes Media Group Inc. by 44.56%. His purchase prices were between $10.78 and $18.04, with an estimated average price of $13.78. The impact to his portfolio due to this purchase was 0.06%. His holdings were 1,217,331 shares as of 09/30/2010.
7 Days Group Holdings Limited is a hotel chain based in China. Suntimes Media Group Inc. has a market cap of $1.08 billion; its shares were traded at around $22.18 with a P/E ratio of 739.3 and P/S ratio of 6.1.
Added: China Lodging Group Ltd. (HTHT)
Steve Mandel added to his holdings in China Lodging Group Ltd. by 46.71%. His purchase prices were between $14.5 and $24.93, with an estimated average price of $19.78. The impact to his portfolio due to this purchase was 0.06%. His holdings were 868,903 shares as of 09/30/2010.
China Lodging Group, Limited is an economy hotel chain operator in China. China Lodging Group Ltd. has a market cap of $1.38 billion; its shares were traded at around $23.44 .
New Purchase: Colgatepalmolive Company (CL, Financial)
Steve Mandel initiated holdings in Colgatepalmolive Company. His purchase prices were between $73.84 and $84.59, with an estimated average price of $78.29. The impact to his portfolio due to this purchase was 1.83%. His holdings were 2,708,179 shares as of 09/30/2010.
Colgate-Palmolive is a global consumer products company, tightly focused on Oral Care, Personal Care, Household Surface Care, Fabric Care and Pet Nutrition. Colgatepalmolive Company has a market cap of $37.6 billion; its shares were traded at around $77.37 with a P/E ratio of 16.1 and P/S ratio of 2.5. The dividend yield of Colgatepalmolive Company stocks is 2.8%. Colgatepalmolive Company had an annual average earning growth of 8.6% over the past 10 years. GuruFocus rated Colgatepalmolive Company the business predictability rank of 4-star.
New Purchase: Express Scripts Inc. (ESRX, Financial)
Steve Mandel initiated holdings in Express Scripts Inc.. His purchase prices were between $42.12 and $49.6, with an estimated average price of $45.84. The impact to his portfolio due to this purchase was 1.81%. His holdings were 4,237,421 shares as of 09/30/2010.
Express Scripts, Inc. is one of the largest pharmacy benefit management companies in North America. Express Scripts Inc. has a market cap of $27.89 billion; its shares were traded at around $51.41 with a P/E ratio of 22.5 and P/S ratio of 1.1. Express Scripts Inc. had an annual average earning growth of 28.8% over the past 10 years. GuruFocus rated Express Scripts Inc. the business predictability rank of 4.5-star.
New Purchase: Charles Schwab Corp. (SCHW, Financial)
Steve Mandel initiated holdings in Charles Schwab Corp.. His purchase prices were between $12.76 and $15.43, with an estimated average price of $14.28. The impact to his portfolio due to this purchase was 1.54%. His holdings were 12,620,845 shares as of 09/30/2010.
Charles Schwab Corp. provides a full-service investing experience to customers through a clicks and mortar multi-dimensional, five channel offering of the Internet, branch offices, speech recognition, touch-tone telephone, e-mail and wireless technologies, multilingual and international services, and direct access to professionals day or night. Charles Schwab Corp. has a market cap of $17.96 billion; its shares were traded at around $15.04 with a P/E ratio of 29.5 and P/S ratio of 4.3. The dividend yield of Charles Schwab Corp. stocks is 1.6%. Charles Schwab Corp. had an annual average earning growth of 11.2% over the past 10 years.
New Purchase: Netapp Inc Common Stock (NTAP)
Steve Mandel initiated holdings in Netapp Inc Common Stock. His purchase prices were between $37.12 and $51, with an estimated average price of $43.01. The impact to his portfolio due to this purchase was 1.43%. His holdings were 3,272,364 shares as of 09/30/2010.
NetApp Inc., formerly Network Appliance, Inc., is a provider of innovative data management solutions that simplify the complexity of storing, managing, protecting, and retaining enterprise data. Netapp Inc Common Stock has a market cap of $17.59 billion; its shares were traded at around $49.25 with a P/E ratio of 36 and P/S ratio of 4.5. Netapp Inc Common Stock had an annual average earning growth of 13% over the past 10 years.
New Purchase: Transdigm Group Inc. (TDG)
Steve Mandel initiated holdings in Transdigm Group Inc.. His purchase prices were between $50.07 and $63.56, with an estimated average price of $56.76. The impact to his portfolio due to this purchase was 1.35%. His holdings were 2,479,871 shares as of 09/30/2010.
TransDigm Group, through its wholly-owned subsidiaries, including TransDigm Inc. Transdigm Group Inc. has a market cap of $3.32 billion; its shares were traded at around $67.29 with a P/E ratio of 21.2 and P/S ratio of 4.4. Transdigm Group Inc. had an annual average earning growth of 20.7% over the past 5 years.
New Purchase: Dick's Sporting Goods Inc. (DKS)
Steve Mandel initiated holdings in Dick's Sporting Goods Inc.. His purchase prices were between $24.39 and $28.35, with an estimated average price of $26.31. The impact to his portfolio due to this purchase was 1.24%. His holdings were 5,054,663 shares as of 09/30/2010.
Dick's Sporting Goods is a full-line sporting goods retailer in the United States. Dick's Sporting Goods Inc. has a market cap of $3.86 billion; its shares were traded at around $33.33 with a P/E ratio of 24.3 and P/S ratio of 0.9. Dick's Sporting Goods Inc. had an annual average earning growth of 11.2% over the past 10 years.
New Purchase: 21st Century Insurance Group (TW)
Steve Mandel initiated holdings in 21st Century Insurance Group. His purchase prices were between $38.35 and $48.77, with an estimated average price of $44.72. The impact to his portfolio due to this purchase was 0.9%. His holdings were 2,093,206 shares as of 09/30/2010.
Towers Watson & Co. is a global professional services company that helps organizations improve performance through effective people, risk and financial management. 21st Century Insurance Group has a market cap of $2.12 billion; its shares were traded at around $50.08 with a P/E ratio of 14.2 and P/S ratio of 0.9. The dividend yield of 21st Century Insurance Group stocks is 0.6%.
New Purchase: Informatica Corp. (INFA)
Steve Mandel initiated holdings in Informatica Corp.. His purchase prices were between $23.79 and $38.34, with an estimated average price of $31.45. The impact to his portfolio due to this purchase was 0.52%. His holdings were 1,555,884 shares as of 09/30/2010.
Informatica Corp. is a provider of software solutions that help large companies deploy, manage, maintain and grow systems that enable more effective business decision making. Informatica Corp. has a market cap of $3.58 billion; its shares were traded at around $38.72 with a P/E ratio of 45.5 and P/S ratio of 7.1. Informatica Corp. had an annual average earning growth of 63.6% over the past 5 years.
New Purchase: Viasat Inc. (VSAT)
Steve Mandel initiated holdings in Viasat Inc.. His purchase prices were between $31.14 and $40.85, with an estimated average price of $35.83. The impact to his portfolio due to this purchase was 0.21%. His holdings were 580,411 shares as of 09/30/2010.
ViaSat Inc. designs, produces and markets advanced digital satellitetelecommunications and other networking and signal processing equipment. Viasat Inc. has a market cap of $1.62 billion; its shares were traded at around $39.87 with a P/E ratio of 36.2 and P/S ratio of 2.3. Viasat Inc. had an annual average earning growth of 7.1% over the past 5 years.
New Purchase: Home Inns & Hotels Management Inc. (HMIN)
Steve Mandel initiated holdings in Home Inns & Hotels Management Inc.. His purchase prices were between $37.3 and $50.79, with an estimated average price of $43.62. The impact to his portfolio due to this purchase was 0.1%. His holdings were 235,870 shares as of 09/30/2010.
Home Inns & Hotels Management Inc. is a economy hotel chain in China based on the number of hotels and hotel rooms, as well as the geographic coverage of the hotel chain. Home Inns & Hotels Management Inc. has a market cap of $1.94 billion; its shares were traded at around $48.06 with a P/E ratio of 61.5 and P/S ratio of 5.1.
Reduced: Qualcomm Inc. (QCOM, Financial)
Steve Mandel reduced to his holdings in Qualcomm Inc. by 74.08%. His sale prices were between $32.37 and $44.59, with an estimated average price of $39.06. The impact to his portfolio due to this sale was -2.86%. Steve Mandel still held 2,523,708 shares as of 09/30/2010.
QUALCOMM Inc. develops and delivers innovative digital wireless communications products and services based on the company's CDMA digital technology. Qualcomm Inc. has a market cap of $77.02 billion; its shares were traded at around $47.98 with a P/E ratio of 23.3 and P/S ratio of 6.9. The dividend yield of Qualcomm Inc. stocks is 1.5%. Qualcomm Inc. had an annual average earning growth of 15.4% over the past 10 years. GuruFocus rated Qualcomm Inc. the business predictability rank of 1-star.
Reduced: Priceline.com Inc. (PCLN)
Steve Mandel reduced to his holdings in Priceline.com Inc. by 69.91%. His sale prices were between $176.41 and $349.93, with an estimated average price of $278.34. The impact to his portfolio due to this sale was -2.53%. Steve Mandel still held 357,591 shares as of 09/30/2010.
Priceline.com Incorporated has pioneered a unique e-commerce pricing system known as a `demand collection system` that enables consumers to use the Internet to save money on a wide range of products and services while enabling sellers to generate incremental revenue. Priceline.com Inc. has a market cap of $19.58 billion; its shares were traded at around $404.68 with a P/E ratio of 36.7 and P/S ratio of 8.3. Priceline.com Inc. had an annual average earning growth of 62.8% over the past 5 years.
Reduced: Amazon.com Inc. (AMZN)
Steve Mandel reduced to his holdings in Amazon.com Inc. by 64.91%. His sale prices were between $109.14 and $160.73, with an estimated average price of $130.34. The impact to his portfolio due to this sale was -2.02%. Steve Mandel still held 791,755 shares as of 09/30/2010.
Amazon.com, Inc. seeks to be the world's most customer-centric company, where customers can find and discover anything they may want to buy online. Amazon.com Inc. has a market cap of $70.91 billion; its shares were traded at around $158.35 with a P/E ratio of 64 and P/S ratio of 2.9. Amazon.com Inc. had an annual average earning growth of 21.8% over the past 5 years.
Reduced: Mcdonald's Corp. (MCD)
Steve Mandel reduced to his holdings in Mcdonald's Corp. by 72.67%. His sale prices were between $66.11 and $76.08, with an estimated average price of $72.3. The impact to his portfolio due to this sale was -1.73%. Steve Mandel still held 998,239 shares as of 09/30/2010.
McDonald's Corporation develops, operates, franchises and services a worldwide system of restaurants that prepare, assemble, package and sell a limited menu of value-priced foods. Mcdonald's Corp. has a market cap of $83.41 billion; its shares were traded at around $78.37 with a P/E ratio of 17.4 and P/S ratio of 3.6. The dividend yield of Mcdonald's Corp. stocks is 2.9%. Mcdonald's Corp. had an annual average earning growth of 14.7% over the past 10 years. GuruFocus rated Mcdonald's Corp. the business predictability rank of 2.5-star.
Reduced: Jpmorgan Chase & Co. (JPM)
Steve Mandel reduced to his holdings in Jpmorgan Chase & Co. by 28.74%. His sale prices were between $35.63 and $41.64, with an estimated average price of $39.01. The impact to his portfolio due to this sale was -1.58%. Steve Mandel still held 11,711,781 shares as of 09/30/2010.
J.P. Morgan Chase & Co. is a global financial services firm. Jpmorgan Chase & Co. has a market cap of $155.36 billion; its shares were traded at around $39.18 with a P/E ratio of 11 and P/S ratio of 1.6. The dividend yield of Jpmorgan Chase & Co. stocks is 0.5%.
Reduced: Cognizant Technology Solutions Corp. (CTSH)
Steve Mandel reduced to his holdings in Cognizant Technology Solutions Corp. by 22.28%. His sale prices were between $49.38 and $65.17, with an estimated average price of $58.61. The impact to his portfolio due to this sale was -1.5%. Steve Mandel still held 9,223,288 shares as of 09/30/2010.
Cognizant Technology Solutions delivers high-quality, cost-effective, full life cycle solutions to complex software development and maintenance problems that companies face as they transition to e-business. Cognizant Technology Solutions Corp. has a market cap of $18.89 billion; its shares were traded at around $62.78 with a P/E ratio of 28.8 and P/S ratio of 5.7. Cognizant Technology Solutions Corp. had an annual average earning growth of 40.3% over the past 10 years. GuruFocus rated Cognizant Technology Solutions Corp. the business predictability rank of 5-star.
Reduced: Citrix Systems Inc. (CTXS)
Steve Mandel reduced to his holdings in Citrix Systems Inc. by 48.21%. His sale prices were between $42.11 and $71.06, with an estimated average price of $56.97. The impact to his portfolio due to this sale was -1.15%. Steve Mandel still held 2,063,852 shares as of 09/30/2010.
Citrix Systems, Inc. is one of the suppliers of application delivery and management software and services that enable the effective and efficient enterprise-wide deployment and management of applications. Citrix Systems Inc. has a market cap of $11.85 billion; its shares were traded at around $63.41 with a P/E ratio of 38 and P/S ratio of 7.3. Citrix Systems Inc. had an annual average earning growth of 4.2% over the past 10 years.
Reduced: Davita Inc. (DVA)
Steve Mandel reduced to his holdings in Davita Inc. by 32.61%. His sale prices were between $56.83 and $68.95, with an estimated average price of $63. The impact to his portfolio due to this sale was -0.87%. Steve Mandel still held 2,964,583 shares as of 09/30/2010.
DaVita Inc. is one of the largest providers of high-quality dialysis and related services for patients suffering from chronic kidney failure, also known as end stage renal disease. Davita Inc. has a market cap of $7.32 billion; its shares were traded at around $71.36 with a P/E ratio of 16.5 and P/S ratio of 1.2. Davita Inc. had an annual average earning growth of 23.5% over the past 10 years. GuruFocus rated Davita Inc. the business predictability rank of 4-star.
Reduced: Google Inc. (GOOG)
Steve Mandel reduced to his holdings in Google Inc. by 49.07%. His sale prices were between $436.07 and $530.41, with an estimated average price of $482.21. The impact to his portfolio due to this sale was -0.66%. Steve Mandel still held 149,766 shares as of 09/30/2010.
Google is a public and profitable company focused on search services. Google Inc. has a market cap of $185.98 billion; its shares were traded at around $583.55 with a P/E ratio of 23.7 and P/S ratio of 7.8. Google Inc. had an annual average earning growth of 65.7% over the past 10 years.
Reduced: Green Mountain Coffee Roasters Inc. (GMCR)
Steve Mandel reduced to his holdings in Green Mountain Coffee Roasters Inc. by 31.31%. His sale prices were between $25.82 and $37.55, with an estimated average price of $31.38. The impact to his portfolio due to this sale was -0.65%. Steve Mandel still held 5,227,990 shares as of 09/30/2010.
Green Mountain Coffee roasts high-quality arabica coffees to produce a variety of coffee which it sells through a coordinated multi-channel distribution network in its wholesale and direct mail operations. Green Mountain Coffee Roasters Inc. has a market cap of $4.12 billion; its shares were traded at around $31.19 with a P/E ratio of 52.5 and P/S ratio of 5.2. Green Mountain Coffee Roasters Inc. had an annual average earning growth of 22.4% over the past 10 years.
Reduced: Activision Blizzard, Inc (ATVI)
Steve Mandel reduced to his holdings in Activision Blizzard, Inc by 46.72%. His sale prices were between $10.54 and $11.95, with an estimated average price of $11.15. The impact to his portfolio due to this sale was -0.58%. Steve Mandel still held 6,995,112 shares as of 09/30/2010.
ACTIVISION BLIZZARD, INC. is a worldwide pure-play online and console game publisher with market positions across all categories of the rapidly growing interactive entertainment software industry. Activision Blizzard, Inc has a market cap of $14.23 billion; its shares were traded at around $11.62 with a P/E ratio of 18.2 and P/S ratio of 3.3. The dividend yield of Activision Blizzard, Inc stocks is 1.3%.
Reduced: Salesforce.com Inc. (CRM)
Steve Mandel reduced to his holdings in Salesforce.com Inc. by 29.57%. His sale prices were between $87.11 and $123.14, with an estimated average price of $105.63. The impact to his portfolio due to this sale was -0.39%. Steve Mandel still held 942,973 shares as of 09/30/2010.
Salesforce.com is the market and technology leader in on-demand business services. Salesforce.com Inc. has a market cap of $14.31 billion; its shares were traded at around $110.15 with a P/E ratio of 166.9 and P/S ratio of 10.9.
Sold Out: Hewlettpackard Company (HPQ, Financial)
Steve Mandel sold out his holdings in Hewlettpackard Company. His sale prices were between $38 and $47.57, with an estimated average price of $42.45.
Hewlett Packard is one of the global providers of computing and imaging solutions and services for business and home. Hewlettpackard Company has a market cap of $92.91 billion; its shares were traded at around $40.97 with a P/E ratio of 9.3 and P/S ratio of 0.8. The dividend yield of Hewlettpackard Company stocks is 0.8%. Hewlettpackard Company had an annual average earning growth of 26.5% over the past 5 years.
Sold Out: Td Ameritrade Holding Corp. (AMTD, Financial)
Steve Mandel sold out his holdings in Td Ameritrade Holding Corp.. His sale prices were between $14.62 and $16.86, with an estimated average price of $15.63.
TD Ameritrade Holding Corporation has a servicing self-directed investors through its brokerage subsidiaries. Td Ameritrade Holding Corp. has a market cap of $9.96 billion; its shares were traded at around $17.29 with a P/E ratio of 17.8 and P/S ratio of 3.9. Td Ameritrade Holding Corp. had an annual average earning growth of 0.7% over the past 5 years.
Sold Out: Pactiv Corp. (PTV)
Steve Mandel sold out his holdings in Pactiv Corp.. His sale prices were between $28.2 and $32.95, with an estimated average price of $31.25.
Pact Corporation is one of the providers of advanced packaging solutions for the consumer, foodservice/food packaging and protective/flexible packaging markets. with a P/E ratio of 17.7 and P/S ratio of 1.4. Pactiv Corp. had an annual average earning growth of 4.6% over the past 10 years. GuruFocus rated Pactiv Corp. the business predictability rank of 4-star.
Sold Out: Owens Corning (OC)
Steve Mandel sold out his holdings in Owens Corning. His sale prices were between $23.71 and $32.68, with an estimated average price of $27.94.
Owens Corning is a world leader in building materials systems and composite solutions. Owens Corning has a market cap of $3.4 billion; its shares were traded at around $26.51 with a P/E ratio of 19.5 and P/S ratio of 0.7.
Sold Out: Regal Entertainment Group (RGC)
Steve Mandel sold out his holdings in Regal Entertainment Group. His sale prices were between $11.74 and $14.26, with an estimated average price of $13.09.
Regal Entertainment Group is a motion picture exhibitor operating the largest theatre circuit in the United States. Regal Entertainment Group has a market cap of $2.04 billion; its shares were traded at around $13.24 with a P/E ratio of 21.4 and P/S ratio of 0.7. The dividend yield of Regal Entertainment Group stocks is 5.5%.
Sold Out: Vistaprint Ltd. (VPRT)
Steve Mandel sold out his holdings in Vistaprint Ltd.. His sale prices were between $28.08 and $51.21, with an estimated average price of $38.01.
Vistaprint N.V. is an online provider of coordinated portfolios of marketing products and services to small businesses globally. Vistaprint Ltd. has a market cap of $1.77 billion; its shares were traded at around $40.27 with a P/E ratio of 28 and P/S ratio of 2.6. Vistaprint Ltd. had an annual average earning growth of 41.6% over the past 5 years.
Sold Out: Cninsure Inc. (CISG)
Steve Mandel sold out his holdings in Cninsure Inc.. His sale prices were between $20.97 and $27.35, with an estimated average price of $23.52.
Cninsure Inc. is a independent insurance agency and brokerage company operating in China. Cninsure Inc. has a market cap of $1.15 billion; its shares were traded at around $22.93 with a P/E ratio of 20.9 and P/S ratio of 6.8. The dividend yield of Cninsure Inc. stocks is 1%.
Sold Out: Quinstreet Inc. (QNST)
Steve Mandel sold out his holdings in Quinstreet Inc.. His sale prices were between $10.01 and $15.11, with an estimated average price of $12.04.
QuinStreet Inc, is a provider of online direct marketing and media services. Quinstreet Inc. has a market cap of $844.9 million; its shares were traded at around $18.74 with a P/E ratio of 30.2 and P/S ratio of 2.6.
