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 | |
|---|---|---|---|---|---|---|
551
Bloom Energy
BE
$61.1B
| $127K | ﹤0.01% |
+4,708
| New | +$154K |
|
552
Bio-Rad Laboratories Class A
BIO
$10.1B
| $127K | ﹤0.01% |
223
-193
| -46% | -$114K |
|
553
Broadridge
BR
$21.2B
| $127K | ﹤0.01% |
+830
| New | +$123K |
|
554
Snap
SNAP
$9.22B
| $127K | ﹤0.01% |
+2,437
| New | +$140K |
|
555
Verizon
VZ
$208B
| $127K | ﹤0.01% |
+2,190
| New | +$124K |
|
|
FOLD
556
DELISTED
Amicus Therapeutics
FOLD
| $126K | ﹤0.01% |
+12,776
| New | +$198K |
|
557
Olin
OLN
$2.01B
| $126K | ﹤0.01% |
+3,306
| New | +$100K |
|
558
Johnson Controls International
JCI
$86.3B
| $123K | ﹤0.01% |
+2,062
| New | +$113K |
|
559
Harmony Gold Mining
HMY
$14.2B
| $122K | ﹤0.01% |
+27,995
| New | +$122K |
|
560
WaFd
WAFD
$2.69B
| $122K | ﹤0.01% |
+3,955
| New | +$118K |
|
561
GoPro
GPRO
$112M
| $121K | ﹤0.01% |
10,430
-4,770,378
| -100% | -$45.1M |
|
|
CLR
562
DELISTED
CONTINENTAL RESOURCES INC.
CLR
| $121K | ﹤0.01% |
+4,673
| New | +$110K |
|
563
Eversource Energy
ES
$26.8B
| $119K | ﹤0.01% |
1,370
-3,198
| -70% | -$271K |
|
564
Vipshop
VIPS
$6.89B
| $119K | ﹤0.01% |
3,969
-19,126
| -83% | -$660K |
|
565
Waste Management
WM
$90.4B
| $118K | ﹤0.01% |
916
-1,327
| -59% | -$155K |
|
566
Quanta Services
PWR
$93.1B
| $117K | ﹤0.01% |
+1,334
| New | +$106K |
|
567
Snowflake
SNOW
$113B
| $117K | ﹤0.01% |
+509
| New | +$136K |
|
|
CLDR
568
DELISTED
Cloudera, Inc.
CLDR
| $117K | ﹤0.01% |
+9,602
| New | +$143K |
|
569
Melco Resorts & Entertainment
MLCO
$2.07B
| $116K | ﹤0.01% |
5,851
-18,074
| -76% | -$343K |
|
|
BNY
570
Bank of New York Mellon
BNY
$110B
| $115K | ﹤0.01% |
+2,434
| New | +$107K |
|
571
Gentex
GNTX
$4.96B
| $113K | ﹤0.01% |
+3,169
| New | +$113K |
|
572
Halozyme
HALO
$12.2B
| $113K | ﹤0.01% |
2,711
-12,453
| -82% | -$569K |
|
|
DCH
573
Dauch Corp
DCH
$1.53B
| $112K | ﹤0.01% |
+11,555
| New | +$115K |
|
574
NIO
NIO
$10.9B
| $112K | ﹤0.01% |
+2,875
| New | +$147K |
|
575
Coty
COTY
$2.47B
| $110K | ﹤0.01% |
+12,196
| New | +$93.1K |
|
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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.