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Shopify has been Lone Pine s largest U.S. long for the past three quarters. (David Kawai/Bloomberg) Lone Pine Capital has gotten off to a rough start this year.In the first quarter of 2021, the Tiger Cub founded by Stephen Mandel, Jr. suffered a 10 percent loss in its Lone Cypress long-short fund, as well as a 2 percent loss in its long-only fund, Lone Cascade, according To continue reading, subscribe now to Premium Journalism. Already a subscriber? Login. Related Content ....