Lone Pine Capital: Interview, Performance, AUM, and Holdings

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5. Facebook Inc (NASDAQ:FB)

During the second quarter, Lone Pine also added some 1.06 million shares to its position in Facebook Inc (NASDAQ:FB). In this way, the fund reported a $931.25 million position containing 6.17 million shares in its latest 13F filing. Among the funds in our database, Facebook, Inc. (NASDAQ:FB) is the most popular stock, with 156 investors holding its shares as of  the end of June, up by one over the quarter. The share price of the social media giant has grown by nearly 49% since the beginning of the year, amid the company reporting strong financial results. However, Facebook, Inc. (NASDAQ:FB)’s revenue growth has shown signs of slowdown and some analysts are worried about a potential slowdown in ad spending. The company still has Messenger and WhatsApp to monetize in order to unlock revenue streams. It also plans to focus more on video and is about to release its own original content series that were announced earlier this year.

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