Lone Pine long-short fund said to lose 31% in Q3 as AI stocks slide
Hedgeweek reports that Lone Pine Capital's long-short fund lost approximately 31% in the third quarter of 2026, citing an Institutional Investor report that relies on an unnamed investor familiar with the firm's performance. The same report states the long-only vehicle dropped 23% over the quarter but remained up 6% for the year, and that several Tiger Cub hedge funds also saw returns eroded by weakness in tech and AI-related stocks.
Why “Unverified”
- Reported by Hedgeweek alone, with no second source or primary confirmation yet
1 independent source group across 1 post · evidence score 48/100. How labels work
What the sources claim
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Lone Pine Capital's long-short fund fell approximately 31% in the three months to September 2026.
“Lone Pine’s long-short strategy fell approximately 31% during the three months to September”
Hedgeweek -
The long-short fund lost around 25% in July 2026.
“including a loss of around 25% in July”
Hedgeweek -
The decline left the fund broadly flat for 2026.
“The decline left the fund broadly flat for 2026.”
Hedgeweek -
Lone Pine's long-only vehicle dropped 23% over the quarter but remained up 6% for the year.
“Its long-only vehicle dropped 23% over the quarter but remained up 6% for the year.”
Hedgeweek -
In the second quarter the long-short strategy gained 51% and the long-only portfolio advanced 50%.
“the long-short strategy gained 51% and the long-only portfolio advanced 50%”
Hedgeweek -
Several Tiger Cub hedge funds also saw returns eroded by weakness in tech and AI-related stocks.
“several Tiger Cub hedge funds also saw returns eroded by weakness in tech and AI-related stocks”
Hedgeweek
Sources
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Summary and claims extracted by AI with prompt analyze-story@4 on 2026-10-12 07:00 UTC. Labels are computed from the sources, not by the model.