Lone Pine picks up large position in Snap, adds stakes in Carvana and DoorDash

Lone Pine picks up large position in Snap, adds stakes in Carvana and DoorDash

Lone Pine picks up large position in Snap, adds stakes in Carvana and DoorDash

A man uses the SnapChat app on an Apple iPad Mini.
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Lone Pine Capital doubled down on some of its technology bets during the fourth quarter, while picking up a sizable position in Snap, according to the latest round of regulatory filings.

The social media company now ranks among the fund’s top ten holdings.