Lee Ainslie Maverick Capital
Lee Ainslie is the founder of Maverick Capital, a long/short equity firm that emerged from the Tiger Management network of investors. Maverick is known for fundamental research, sector specialization among teams, and a classic hedge fund long/short structure. Ainslie’s firm remains a reference name among so-called Tiger Cub managers.
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
NVIDIA
NVDA
|
+$100M |
| 2 |
Constellation Energy
CEG
|
+$66.6M |
| 3 |
UnitedHealth
UNH
|
+$64.1M |
| 4 |
Nu Holdings
NU
|
+$57.3M |
| 5 |
Arista Networks
ANET
|
+$36.9M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Avantor
AVTR
|
+$117M |
| 2 |
OSH
Oak Street Health, Inc.
OSH
|
+$116M |
| 3 |
Meta Platforms (Facebook)
META
|
+$99.7M |
| 4 |
T-Mobile US
TMUS
|
+$90.3M |
| 5 |
Crown Holdings
CCK
|
+$60.7M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Consumer Discretionary | 40.31% |
| 2 | Technology | 23.26% |
| 3 | Healthcare | 9.91% |
| 4 | Communication Services | 8.8% |
| 5 | Financials | 5.04% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
276
Nasdaq
NDAQ
$54.9B
| $482K | 0.01% |
8,822
+4,670
| +112% | +$270K |
|
277
Sociedad Química y Minera de Chile
SQM
$23.4B
| $481K | 0.01% |
5,937
+2,739
| +86% | +$236K |
|
278
Brink's
BCO
$4.59B
| $479K | 0.01% |
7,176
+2,711
| +61% | +$172K |
|
|
AAMI
279
Acadian Asset Management
AAMI
$3.28B
| $479K | 0.01% |
+20,301
| New | +$478K |
|
280
DraftKings
DKNG
$13B
| $477K | 0.01% |
+24,625
| New | +$410K |
|
281
La-Z-Boy
LZB
$1.35B
| $476K | 0.01% |
16,380
-5,365
| -25% | -$153K |
|
|
BERY
282
DELISTED
Berry Global Group, Inc.
BERY
| $475K | 0.01% |
+8,780
| New | +$486K |
|
283
1-800-Flowers.com
FLWS
$254M
| $473K | 0.01% |
41,173
+24,689
| +150% | +$253K |
|
284
Republic Services
RSG
$67.6B
| $473K | 0.01% |
+3,497
| New | +$446K |
|
285
Wabtec
WAB
$50.3B
| $472K | 0.01% |
+4,672
| New | +$477K |
|
286
Hudbay
HBM
$13.4B
| $470K | 0.01% |
89,581
+14,738
| +20% | +$77.5K |
|
287
Tesla
TSLA
$1.43T
| $470K | 0.01% |
+2,265
| New | +$395K |
|
288
Sanofi
SNY
$110B
| $470K | 0.01% |
8,634
+3,459
| +67% | +$168K |
|
289
Boot Barn
BOOT
$5.01B
| $470K | 0.01% |
+6,128
| New | +$470K |
|
|
AVNS
290
DELISTED
Avanos Medical
AVNS
| $469K | 0.01% |
+15,769
| New | +$458K |
|
291
Service Corp International
SCI
$11.4B
| $468K | 0.01% |
+6,806
| New | +$470K |
|
292
Teva Pharmaceuticals
TEVA
$43.5B
| $468K | 0.01% |
52,865
+21,416
| +68% | +$212K |
|
293
Humana
HUM
$45.5B
| $466K | 0.01% |
959
-88,705
| -99% | -$43.8M |
|
294
AutoZone
AZO
$48.3B
| $465K | 0.01% |
189
+87
| +85% | +$212K |
|
|
CNR
295
Core Natural Resources Inc
CNR
$4.72B
| $464K | 0.01% |
+7,960
| New | +$454K |
|
296
DuPont de Nemours
DD
$18.7B
| $462K | 0.01% |
+5,134
| New | +$468K |
|
297
AbCellera Biologics
ABCL
$3.67B
| $458K | 0.01% |
60,691
+33,054
| +120% | +$300K |
|
|
WRK
298
DELISTED
WestRock Company
WRK
| $457K | 0.01% |
+15,014
| New | +$495K |
|
299
TSMC
TSM
$2.17T
| $456K | 0.01% |
+4,898
| New | +$440K |
|
300
Ryanair
RYAAY
$28.9B
| $455K | 0.01% |
12,073
-577
| -5% | -$21.3K |
|
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Lee Ainslie's Q1 2023 Portfolio in Review
As of Q1 2023, Lee Ainslie held 571 positions worth $3.95B, down 6.4% from $4.22B the previous quarter. Its ten largest holdings account for 57% of the portfolio.
Lee Ainslie withdrew a net $730M in Q1 2023, closing 122 positions and reducing 94 holdings. Its most notable exit was Avantor, an estimated $117M position sold in full.
By sector, the portfolio is most concentrated in Consumer Discretionary at 40% of assets, up from 38% a quarter earlier, followed by Technology and Healthcare.
Against the trend, Lee Ainslie opened a new position in NVIDIA worth $129M.
- Lee Ainslie's largest Q1 2023 buy was NVIDIA: 4,637,530 shares worth $129M.
- Lee Ainslie added most to UnitedHealth in Q1 2023, an estimated $64.1M increase.
- Lee Ainslie's biggest Q1 2023 reduction was Meta Platforms (Facebook), cutting an estimated $99.7M.
- Lee Ainslie fully exited Avantor in Q1 2023, selling an estimated $117M.
- Lee Ainslie's ten largest holdings make up 57% of its $3.95B portfolio in Q1 2023.
- Lee Ainslie opened 194 new positions and closed 122 in Q1 2023.
- Lee Ainslie's portfolio value fell 6.4% quarter-over-quarter to $3.95B.
Based on Maverick Capital's 13F filing for Q1 2023, filed 15 May 2023.