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 |
Coupang
CPNG
|
+$5.11B |
| 2 |
T-Mobile US
TMUS
|
+$145M |
| 3 |
Amazon
AMZN
|
+$116M |
| 4 |
LPL Financial
LPLA
|
+$108M |
| 5 |
International Flavors & Fragrances
IFF
|
+$103M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
DuPont de Nemours
DD
|
+$314M |
| 2 |
Meta Platforms (Facebook)
META
|
+$220M |
| 3 |
Applied Materials
AMAT
|
+$190M |
| 4 |
Lam Research
LRCX
|
+$152M |
| 5 |
Alibaba
BABA
|
+$150M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Consumer Discretionary | 55.3% |
| 2 | Healthcare | 12.47% |
| 3 | Technology | 11.12% |
| 4 | Communication Services | 7.76% |
| 5 | Financials | 5.61% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
451
J. Jill
JILL
$299M
| $276K | ﹤0.01% |
+28,262
| New | +$149K |
|
452
Atlassian
TEAM
$43.4B
| $274K | ﹤0.01% |
1,301
-2,021
| -61% | -$470K |
|
453
Fiverr
FVRR
$337M
| $273K | ﹤0.01% |
+1,255
| New | +$308K |
|
454
Lowe's Companies
LOW
$122B
| $272K | ﹤0.01% |
1,430
+422
| +42% | +$72.4K |
|
455
Surgery Partners
SGRY
$1.83B
| $271K | ﹤0.01% |
+6,118
| New | +$227K |
|
456
Qorvo
QRVO
$8.41B
| $266K | ﹤0.01% |
1,455
-3,960
| -73% | -$695K |
|
|
SWAV
457
DELISTED
Shockwave Medical, Inc. Common Stock
SWAV
| $266K | ﹤0.01% |
2,043
-3,196
| -61% | -$383K |
|
|
PPLI
458
People Inc
PPLI
$2.89B
| $265K | ﹤0.01% |
+2,248
| New | +$279K |
|
459
Evertec
EVTC
$1.77B
| $263K | ﹤0.01% |
7,074
-87
| -1% | -$3.27K |
|
|
EGRX
460
DELISTED
Eagle Pharmaceuticals, Inc.
EGRX
| $263K | ﹤0.01% |
+6,301
| New | +$293K |
|
|
IRBT
461
DELISTED
iRobot
IRBT
| $260K | ﹤0.01% |
2,130
-4,045
| -66% | -$460K |
|
462
Bausch Health
BHC
$2.5B
| $257K | ﹤0.01% |
8,105
-2,495
| -24% | -$73.2K |
|
463
Ambarella
AMBA
$3.07B
| $255K | ﹤0.01% |
+2,542
| New | +$277K |
|
464
Packaging Corp of America
PKG
$22.2B
| $253K | ﹤0.01% |
1,883
-2,974
| -61% | -$405K |
|
465
Vroom Inc
VRM
$51.1M
| $247K | ﹤0.01% |
+79
| New | +$256K |
|
|
CERN
466
DELISTED
Cerner Corp
CERN
| $246K | ﹤0.01% |
3,416
+2,991
| +704% | +$225K |
|
|
JWN
467
DELISTED
Nordstrom
JWN
| $245K | ﹤0.01% |
6,468
-165,367
| -96% | -$6.11M |
|
|
CATM
468
DELISTED
Cardtronics plc Class A Ordinary Shares (UK)
CATM
| $241K | ﹤0.01% |
+6,222
| New | +$242K |
|
469
Yum China
YUMC
$16.7B
| $240K | ﹤0.01% |
4,045
-11,148
| -73% | -$666K |
|
470
Etsy
ETSY
$7.99B
| $239K | ﹤0.01% |
1,184
-24,246
| -95% | -$5.07M |
|
471
MillerKnoll
MLKN
$1.58B
| $236K | ﹤0.01% |
+5,745
| New | +$220K |
|
|
GLUU
472
DELISTED
Glu Mobile Inc.
GLUU
| $236K | ﹤0.01% |
18,892
+5,382
| +40% | +$60K |
|
473
Vistra
VST
$45.5B
| $231K | ﹤0.01% |
+13,086
| New | +$260K |
|
474
Cogent Communications
CCOI
$486M
| $230K | ﹤0.01% |
3,350
+2,934
| +705% | +$179K |
|
475
Omnicell
OMCL
$1.58B
| $227K | ﹤0.01% |
+1,750
| New | +$224K |
|
Similar funds
Lee Ainslie's Q1 2021 Portfolio in Review
As of Q1 2021, Lee Ainslie held 930 positions worth $10.9B, up 74% from $6.25B the previous quarter. Its ten largest holdings account for 65% of the portfolio.
Lee Ainslie deployed $4.39B of net new capital in Q1 2021, opening 269 new positions and adding to 166 existing holdings. Its largest new stake was Coupang: 110,527,590 shares worth $5.03B.
By sector, the portfolio is most concentrated in Consumer Discretionary at 55% of assets, up from 19% a quarter earlier, followed by Healthcare and Technology.
On the sell side, the largest reduction was DuPont de Nemours, an estimated $314M trimmed.
- Lee Ainslie's largest Q1 2021 buy was Coupang: 110,527,590 shares worth $5.03B.
- Lee Ainslie added most to Amazon in Q1 2021, an estimated $116M increase.
- Lee Ainslie's biggest Q1 2021 reduction was DuPont de Nemours, cutting an estimated $314M.
- Lee Ainslie fully exited Perspecta Inc. Common Stock in Q1 2021, selling an estimated $110M.
- Lee Ainslie's ten largest holdings make up 65% of its $10.9B portfolio in Q1 2021.
- Lee Ainslie opened 269 new positions and closed 242 in Q1 2021.
- Lee Ainslie's portfolio value rose 74% quarter-over-quarter to $10.9B.
Based on Maverick Capital's 13F filing for Q1 2021, filed 17 May 2021.