Lone Pine Capital Buys Baidu, Qualcomm, Sells Google, Priceline

Lone Pine Capital shifted its technology money around its long portfolio in the third quarter of 2013 judging by the company's recently filed 13F. The company added a massive stake in Baidu Inc (NASDAQ:BIDU) and added to its holding of QUALCOMM, Inc. (NASDAQ:QCOM) during the three months, but sold much of its Google Inc (NASDAQ:GOOG) stock and Priceline.com Inc (NASDAQ:PCLN) shares.

At the end of September 2013 Lone Pine Capital reported a long portfolio worth $22,395,046,000, up more than 10% from the $20,533,834,000 the company showed at the end of the second...