Lone Pine Capital’s Intercontinental Exchange ICE Stock Holding History

Lone Pine Capital’s Portfolio ICE Stock Details ICE Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2017 Q4	–	Sell	-8,749,665	Closed	-$601M	–	36
2017 Q3	$601M	Buy	8,749,665 +2,392,760	+38%	+$158M	2.92%	15
2017 Q2	$419M	Buy	+6,356,905	New	+$390M	2.13%	20
2017 Q1	–	Sell	-4,225,637	Closed	-$238M	–	39
2016 Q4	$238M	Sell	4,225,637 -1,810,508	-30%	-$100M	1.24%	32
2016 Q3	$325M	Buy	+6,036,145	New	+$329M	1.45%	29
2015 Q1	–	Sell	-5,713,945	Closed	-$251M	–	60
2014 Q4	$251M	Sell	5,713,945 -860,895	-13%	-$36.9M	1.05%	34
2014 Q3	$256M	Sell	6,574,840 -10,443,725	-61%	-$400M	1%	37
2014 Q2	$643M	Buy	17,018,565 +427,910	+3%	+$16.7M	2.6%	15
2014 Q1	$656M	Buy	16,590,655 +5,593,535	+51%	+$236M	2.85%	11
2013 Q4	$495M	Buy	+10,997,120	New	+$453M	2.13%	17

Other funds holding ICE

T. Rowe Price Associates Baltimore, Maryland $865B AUM 30.76% 1-Year Est. Return

Vanguard Group Malvern, Pennsylvania $6.9T AUM 27.45% 1-Year Est. Return

BlackRock New York $5.72T AUM 30.48% 1-Year Est. Return

State Street Boston, Massachusetts $2.9T AUM 29.55% 1-Year Est. Return

Wellington Management Group Boston, Massachusetts $535B AUM 26.23% 1-Year Est. Return

JP Morgan Chase New York $1.56T AUM 27.86% 1-Year Est. Return

Janus Henderson Group London, United Kingdom $209B AUM 37.72% 1-Year Est. Return

Northern Trust Chicago, Illinois $757B AUM 28.64% 1-Year Est. Return

Carmignac Gestion Paris, France $6.51B AUM 19.13% 1-Year Est. Return

JSP

Jackson Square Partners Larkspur, California $247M AUM 20.29% 1-Year Est. Return

Lone Pine Capital's ICE Position: Q4 2017 in Review

Lone Pine Capital sold out of Intercontinental Exchange (ICE) in Q4 2017, closing a stake of 8,749,665 shares — an estimated $601M sold.

Lone Pine Capital first reported a position in ICE in Q4 2013 and held it in 9 quarters. The position peaked at $656M in Q1 2014. 807 funds tracked by Wall St. Rank hold ICE as of Q4 2017.

Lone Pine Capital reported no remaining Intercontinental Exchange position as of Q4 2017 after selling out during the quarter.
Lone Pine Capital sold 8,749,665 Intercontinental Exchange shares in Q4 2017, an estimated $601M.
Lone Pine Capital first reported a position in Intercontinental Exchange in Q4 2013 and held it in 9 quarters.
Lone Pine Capital's Intercontinental Exchange position peaked at $656M in Q1 2014.
807 funds tracked by Wall St. Rank held Intercontinental Exchange as of Q4 2017.

Based on Lone Pine Capital's 13F filing for Q4 2017, filed 14 Feb 2018.