UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Form 13F
Form 13F COVER PAGE
Report for the Calendar Year or Quarter Ended: March 31, 1999
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Check here if Amendment [ ]; Amendment Number:
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This Amendment (Check only one.): [ ] is a restatement.
[ ] adds new holdings entries.
Institutional Investment Manager Filing this Report:
Name: Lone Pine Capital, LLC
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Address: Two Greenwich Plaza
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Greenwich, Connecticutt 06830
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Form 13F File Number: 28-7486
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The institutional investment manager filing this report and the person by whom
it is signed hereby represent that the person signing the report is authorized
to submit it, that all information contained herein is true, correct and
complete, and that it is understood that all required items, statements,
schedules, lists, and tables, are considered integral parts of this form.
Person Signing this Report on Behalf of Reporting Manager:
Name: Stephen F. Mandel, Jr.
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Title: Managing Director, Portfolio Manager
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Phone: (203) 618-1400
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Signature, Place, and Date of Signing:
/s/ Stephen F. Mandel, Jr. Greenwich, Connecticut 5/13/99
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Report Type (Check only one.):
[ X ] 13F HOLDINGS REPORT. (Check here if all holdings of this reporting
manager are reported in this report.)
[ ] 13F NOTICE. (Check here if no holdings reported are in this report,
and all holdings are reported by other reporting manager(s).)
[ ] 13F COMBINATION REPORT. (Check here if a portion of the holdings for
this reporting manager are reported in this report and a portion are
reported by other reporting manager(s).)
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Form 13F SUMMARY PAGE
Report Summary:
Number of Other Included Managers: 0
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Form 13F Information Table Entry Total: 57
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Form 13F Information Table Value Total: $825,331
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(thousands)
List of Other Included Managers:
Provide a numbered list of the name(s) and Form 13F file number(s) of all
institutional investment managers with respect to which this report is filed,
other than the manager filing this report. NONE
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Form 13F INFORMATION TABLE
<C> <C> <C> <C> <C> <C> <C> <C>
COLUMN 1 COLUMN 2 COLUMN 3 COLUMN 4 COLUMN 5 COLUMN 6 COLUMN 7 COLUMN 8
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VALUE SHRS OR SH/ PUT/ INVESTMENT OTHER VOTING AUTHORITY
NAME OF ISSUER TITLE OF CLASS CUSIP (x$1000) PRN AMT PRN CALL DISCRETION MANAGERS SOLE SHARED NONE
- --------------------------------- -------------- --------- -------- -------- --- ---- ---------- -------- -------- -------- --------
AFFILIATED MANAGERS GROUP COM 008252108 25,441 978,500 SH SOLE 978,500
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AMERICAN EXPRESS CO COM 025816109 18,882 160,700 SH SOLE 160,700
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ASSOCIATED GROUP INC CL A 045651106 9,595 193,600 SH SOLE 193,600
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AZTEC TECHNOLOGY PARTNERS INC COM 05480L101 485 293,000 SH SOLE 293,000
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BEA SYS INC COM 073325102 7,383 472,500 SH SOLE 472,500
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BERKSHIRE HATHAWAY INC DEL CL A 084670108 36,842 516 SH SOLE 516
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BIG FLOWER HLDGS INC COM 089159107 9,832 315,900 SH SOLE 315,900
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CENTOCOR INC COM 152342101 23,477 634,500 SH SOLE 634,500
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CHASE MANHATTAN CORP NEW COM 16161A108 19,434 239,000 SH SOLE 239,000
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CISCO SYS INC COM 17275R102 20,696 188,900 SH SOLE 188,900
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COMPUTER SCIENCES CORP COM 205363104 9,183 166,400 SH SOLE 166,400
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CONCENTRIC NETWORK CORP COM 20589R107 10,330 138,200 SH SOLE 138,200
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COSTCO COMPANIES INC COM 22160Q102 19,137 209,000 SH SOLE 209,000
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CREATIVE COMPUTERS INC COM 22527E107 910 30,200 SH SOLE 30,200
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CYGNUS INC COM 232560102 8,074 1,076,540 SH SOLE 1,076,540
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DSET CORP COM 262504103 5,152 443,200 SH SOLE 443,200
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DURA PHARMACEUTICALS INC COM 26632S109 10,474 741,500 SH SOLE 741,500
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XL CAP LTD CL A G98255105 13,669 225,500 SH SOLE 225,000
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ELECTRONIC ARTS INC COM 285512109 11,110 233,900 SH SOLE 233,900
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EMBRATEL PARTICIPACOES S A SPONS ADR PFD 29081N100 4,881 292,500 SH SOLE 292,500
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EMISPHERE TECHNOLOGIES INC COM 291345106 2,438 270,900 SH SOLE 270,900
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EQUITABLE COS INC COM 29444G107 12,229 174,700 SH SOLE 174,700
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FIRSTAR CORP NEW WIS COM 33763V109 11,930 133,300 SH SOLE 133,300
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GELTEX PHARMACEUTICALS INC COM 368538104 12,011 854,100 SH SOLE 854,100
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GENENTECH INC COM SPL 368710307 23,069 260,300 SH SOLE 260,300
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HMT TECHNOLOGY CORP COM 403917107 3,416 976,000 SH SOLE 976,000
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HANNAFORD BROS CO COM 410550107 7,056 155,300 SH SOLE 155,300
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HOWMET INTERNATIONAL COM 443208103 10,046 701,900 SH SOLE 701,900
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LEXMARK INTL GROUP INC CL A 529771107 29,636 265,200 SH SOLE 265,200
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LORAL SPACE & COMMUNICATIONS COM G56462107 9,885 684,700 SH SOLE 684,700
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MCI WORLDCOM INC COM 55268B106 20,344 229,717 SH SOLE 229,717
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MARRIOTT INTL INC NEW CL A 571903202 18,410 547,500 SH SOLE 547,500
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NTL INC COM 629407107 10,807 132,800 SH SOLE 132,800
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NAVISTAR INTL CORP NEW COM 63934E108 17,823 443,500 SH SOLE 443,500
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NATURAL MICROSYSTEMS CORP COM 638882100 1,065 215,600 SH SOLE 215,600
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NORTH FACE INC COM 659317101 13,013 1,041,000 SH SOLE 1,041,000
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PICO HLDGS INC COM NEW 693366205 5,517 298,200 SH SOLE 298,200
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PAYLESS SHOESOURCE INC COM 704379106 26,905 578,600 SH SOLE 578,600
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PITTSTON CO COM BRINKS GRP 725701106 8,505 361,900 SH SOLE 361,900
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PROMUS HOTEL CORP NEW COM 74342P106 23,462 645,000 SH SOLE 645,000
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QLT PHOTOTHERAPEUTICS INC COM 746927102 8,464 207,700 SH SOLE 207,700
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ROBERT HALF INTL INC COM 770323103 37,380 1,139,200 SH SOLE 1,139,200
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SAVILLE SYS PLC SPONSORD ADR 805174109 4,504 367,700 SH SOLE 367,700
- --------------------------------- -------------- --------- -------- ----------------- ---------- -------- --------------------------
SEALED AIR CORP NEW COM 81211K100 24,869 505,600 SH SOLE 505,600
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SONY CORP ADR NEW 835699307 4,219 46,200 SH SOLE 46,200
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TOYS R US INC COM 892335100 36,145 1,921,300 SH SOLE 1,921,300
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TEEKAY SHIPPING CORP COM V89564104 8,333 505,000 SH SOLE 505,000
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UCAR INTL INC COM 90262K109 8,924 631,800 SH SOLE 631,800
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UNITED RETAIL GROUP INC COM 911380103 4,475 389,100 SH SOLE 389,100
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US AIRWAYS GROUP INC COM 911905107 13,916 285,100 SH SOLE 285,100
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VORNADO RLTY TR SH BEN INT 929042109 14,676 425,400 SH SOLE 425,400
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WASTE MGMT INC DEL COM 94106L109 25,427 573,000 SH SOLE 573,000
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WELLS FARGO & CO NEW COM 949746101 26,472 755,000 SH SOLE 755,000
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WESTERN WIRLESS CORP CL A 95988E204 25,625 706,900 SH SOLE 706,900
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WHOLE FOODS MKT INC COM 966837106 10,842 315,400 SH SOLE 315,400
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WILLIAMS COS INC DEL COM 969457100 15,409 390,100 SH SOLE 390,100
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YPF SOCIEDAD ANONIMA SPON ADR CL D 984245100 23,097 731,800 SH SOLE 731,800
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