# Lone Pine Capital LLC

> Lone Pine Capital LLC is an SEC-registered investment advisory firm in Greenwich, CT, registered since 2012, reporting over $5 billion in regulatory assets under management in its Form ADV filing dated March 30, 2026.

- CRD: 156602
- Filed as: LONE PINE CAPITAL LLC
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: Greenwich, CT
- Filing period: October 2026
- Form ADV filing dated: March 30, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/156602
- AdvisorCensus page: https://advisorcensus.com/firm/lone-pine-capital-llc-greenwich-ct-156602

## Quick answers

**How is Lone Pine Capital LLC compensated?**
On its Form ADV (Item 5.E, October 2026), Lone Pine Capital LLC reports these compensation arrangements: a percentage of assets under its management; performance-based fees.

**Where is Lone Pine Capital LLC located?**
Lone Pine Capital LLC's principal office is in Greenwich, CT, according to its Form ADV; the April 2026 filing also lists 1 other office (Schedule D, Section 1.F).

**Is Lone Pine Capital LLC registered with the SEC or a state?**
Lone Pine Capital LLC is an SEC-registered investment advisory firm, registered since 2012. Status as filed: Approved. CRD 156602.

**How much does Lone Pine Capital LLC manage?**
Lone Pine Capital LLC reports $21,624,342,800 in regulatory assets under management in its Form ADV filing dated March 30, 2026 (100% discretionary).

**How have Lone Pine Capital LLC's assets and staff changed since 2021?**
In the Form ADV data for Lone Pine Capital LLC: Regulatory assets under management: $36,646,421,400 in the October 2021 data and $21,624,342,800 in the October 2026 data, down 41%. Total employees: 96 in October 2021 and 101 in October 2026. Assets under management move with markets as well as with clients coming and going.

**What types of clients does Lone Pine Capital LLC serve?**
By number of clients on Form ADV Item 5.D: pooled investment vehicles (other than investment companies and business development companies) (16); pension and profit sharing plans (but not the plan participants or government pension plans) (1).

**Does Lone Pine Capital LLC report any disciplinary disclosures?**
Reports no disclosure items on Form ADV Item 11. The detail of any item is on the firm's SEC record: https://adviserinfo.sec.gov/firm/summary/156602

**What changed in Lone Pine Capital LLC's recent Form ADV filings?**
In the April 2026 filing data: Employees performing advisory functions went from 20 to 16.

## From the Form ADV filing

### Compensation (Item 5.E)
- A percentage of assets under your management
- Performance-based fees

### Regulatory assets under management (Item 5.F)
- Total: $21,624,342,800
- Discretionary: $21,624,342,800
- Non-discretionary: $0

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Pooled investment vehicles (other than investment companies and business development companies) | 16 | $21,259,583,400 |
| Pension and profit sharing plans (but not the plan participants or government pension plans) | 1 | $364,759,400 |

### Advisory services (Item 5.G)
- Portfolio management for pooled investment vehicles (other than investment companies)

### Firm details
- Registered since: 2012 (14 years)
- Employees: 101 total, 16 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: CT, DE
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

### Other offices (Schedule D, Section 1.F), as of the April 2026 filing
- New York, NY

### Websites listed on Form ADV (Item 1.I)
- lonepine.com
- lonepinecapital.com
- lpcap.com
- LinkedIn @lone-pine-capital-llc

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2021 | $36,646,421,400 | 96 | March 31, 2021 |
| October 2022 | $35,538,101,500 | 104 | March 31, 2022 |
| October 2023 | $17,076,491,100 | 106 | March 31, 2023 |
| October 2024 | $17,467,446,200 | 104 | September 4, 2024 |
| October 2025 | $20,139,567,200 | 104 | March 28, 2025 |
| October 2026 | $21,624,342,800 | 101 | March 30, 2026 |

Regulatory assets under management: $36,646,421,400 in the October 2021 data and $21,624,342,800 in the October 2026 data, down 41%.
Total employees: 96 in October 2021 and 101 in October 2026.

## Changes in the filing (last 12 months)

### April 2026
- Employees performing advisory functions went from 20 to 16.

### January 2026
- No longer registered or notice-filed in CA.

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Lone Pine Capital LLC (CRD 156602): Form ADV filing data as of October 2026.