Lone Pine Capital Increases News Corp, Visa and Dollar Tree Shares in Q3

Following is information regarding Lone Pine Capital’s top holdings in the Services sector for the third quarter of 2011:

  • Dollar General Corporation (NYSE:DG): On 6/30/11 Lone Pine Capital reported holding 16,190,141 shares with a market value of $548,683,869. This comprised 4.21% of the total portfolio. On 9/30/11, Lone Pine Capital held 15,811,147 shares with a market value of $597,028,884. This comprised 4.97% of the total portfolio. The net change in shares for this position over the two quarters is -378,994. About the company: Dollar General Corp. operates a chain of discount retail stores located primarily in the southern, southwestern, midwestern and eastern United States. The Company offer a broad selection of merchandise, including consumable products such as food, paper and cleaning products, health and beauty products and pet supplies, and non-consumable products such as seasonal merchandise.
  • Express Scripts Inc. (NASDAQ:ESRX): On 6/30/11 Lone Pine Capital reported holding 8,046,327 shares with a market value of $434,340,728. This comprised 3.34% of the total portfolio. On 9/30/11, Lone Pine Capital held 13,443,610 shares with a market value of $498,354,619. This comprised 4.15% of the total portfolio. The net change in shares for this position over the two quarters is 5,397,283. About the company: Express Scripts, Inc is a full service pharmacy benefit management and specialty managed care company serving clients throughout North America. The Company’s customers include managed care organizations, insurance carriers, third party administrators, employers, and union-sponsored benefit plans. Express provides pharmacy network management, formulary management, and other services.
  • News Corp. (NASDAQ:NWSA): On 6/30/11 Lone Pine Capital reported holding 4,726,120 shares with a market value of $83,652,328. This comprised 0.64% of the total portfolio. On 9/30/11, Lone Pine Capital held 26,522,223 shares with a market value of $410,564,000. This comprised 3.42% of the total portfolio. The net change in shares for this position over the two quarters is 21,796,103. About the company: News Corporation is a diversified global media company. The Company’s operations include the production and distribution of motion pictures and television programming. The Company provides television, direct satellite, and cable broadcasting and the publication of newspapers, magazines, books and promotional inserts.
  • Bed Bath & Beyond, Inc. (NASDAQ:BBBY): On 6/30/11 Lone Pine Capital reported holding 4,168,447 shares with a market value of $243,312,247. This comprised 1.87% of the total portfolio. On 9/30/11, Lone Pine Capital held 5,467,444 shares with a market value of $313,339,223. This comprised 2.61% of the total portfolio. The net change in shares for this position over the two quarters is 1,298,997. About the company: Bed Bath & Beyond Inc. operates a nationwide chain of retail stores. The Company, through its retail stores, sells a wide assortment of merchandise principally including domestics merchandise and home furnishings as well as food, giftware, health and beauty care items and infant and toddler merchandise.
  • priceline.com Incorporated (NASDAQ:PCLN): On 6/30/11 Lone Pine Capital reported holding 358,177 shares with a market value of $183,361,549. This comprised 1.41% of the total portfolio. On 9/30/11, Lone Pine Capital held 646,389 shares with a market value of $290,525,994. This comprised 2.42% of the total portfolio. The net change in shares for this position over the two quarters is 288,212. About the company: Priceline.com Incorporated enables consumers to use the Internet to save money on a variety of products and services. The Company’s product allows customers to name their own price on products or services and communicates that demand directly to participating sellers or to their private databases. Participants include domestic and international airlines, and hotel chains.
  • Las Vegas Sands Corp. (NYSE:LVS): On 6/30/11 Lone Pine Capital reported holding 0,000 shares with a market value of $0. This comprised 0.00% of the total portfolio. On 9/30/11, Lone Pine Capital held 7,366,136 shares with a market value of $282,417,655. This comprised 2.35% of the total portfolio. The net change in shares for this position over the two quarters is 7,366,136. About the company: Las Vegas Sands Corp. owns and operates casino resorts and convention centers. The Company operates in United States, Macau and Singapore. Las Vegas Sand Corp’s casino’s offer a wide range of gaming activities and entertainment as well as overnight accomodations, while its expo centers host a wide range of entertainment shows, expositions, and other activities.
  • Ctrip.com International Ltd. (NASDAQ:CTRP): On 6/30/11 Lone Pine Capital reported holding 8,089,125 shares with a market value of $348,479,520. This comprised 2.68% of the total portfolio. On 9/30/11, Lone Pine Capital held 8,596,005 shares with a market value of $276,361,574. This comprised 2.30% of the total portfolio. The net change in shares for this position over the two quarters is 506,880. About the company: Ctrip.com International, Ltd. is a consolidator of hotel accommodations and airline tickets in China.
  • Dollar Tree, Inc. (NASDAQ:DLTR): On 6/30/11 Lone Pine Capital reported holding 3,102,264 shares with a market value of $206,672,836. This comprised 1.59% of the total portfolio. On 9/30/11, Lone Pine Capital held 3,566,451 shares with a market value of $267,983,126. This comprised 2.23% of the total portfolio. The net change in shares for this position over the two quarters is 464,187. About the company: Dollar Tree, Inc. operates a discount variety store chain. The Company sells an assortment of everyday general merchandise. Dollar Tree sells its merchandise at the $1.00 price point. The Company operates throughout the United States.
  • Wyndham Worldwide Corporation (NYSE:WYN): On 6/30/11 Lone Pine Capital reported holding 6,730,703 shares with a market value of $226,488,166. This comprised 1.74% of the total portfolio. On 9/30/11, Lone Pine Capital held 7,643,808 shares with a market value of $217,924,968. This comprised 1.81% of the total portfolio. The net change in shares for this position over the two quarters is 913,105. About the company: Wyndham Worldwide Corporation is a hospitality company. The Company franchises hotels in the upscale, midscale, and economy segments of the lodging industry and provides hotel management services to owners of luxury, upscale and midscale hotels; provides vacation exchange products and services, and develops, markets, and sells vacation ownership interests to individual consumers.
  • Visa, Inc. (NYSE:V): On 6/30/11 Lone Pine Capital reported holding 0,000 shares with a market value of $0. This comprised 0.00% of the total portfolio. On 9/30/11, Lone Pine Capital held 2,272,192 shares with a market value of $194,772,301. This comprised 1.62% of the total portfolio. The net change in shares for this position over the two quarters is 2,272,192. About the company: Visa Inc. operates a retail electronic payments network and manages global financial services. The Company also offers global commerce through the transfer of value and information among financial institutions, merchants, consumers, businesses and government entities.

(Note: Data regarding Lone Pine Capital’s stock holdings are sourced from whalewisdom.com. All data are assumed to be accurate.)

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