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 |
Visa
V
|
+$121M |
| 2 |
Workday
WDAY
|
+$100M |
| 3 |
Lam Research
LRCX
|
+$60M |
| 4 |
Rocket Pharmaceuticals
RCKT
|
+$54.1M |
| 5 |
Sea Limited
SE
|
+$52.3M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Coupang
CPNG
|
+$201M |
| 2 |
Alibaba
BABA
|
+$102M |
| 3 |
Meta Platforms (Facebook)
META
|
+$56.4M |
| 4 |
Alnylam Pharmaceuticals
ALNY
|
+$54.2M |
| 5 |
Aon
AON
|
+$51.4M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Consumer Discretionary | 40.52% |
| 2 | Healthcare | 15.55% |
| 3 | Technology | 14.19% |
| 4 | Communication Services | 7.61% |
| 5 | Financials | 5.93% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
576
Zscaler
ZS
$29.4B
| $109K | ﹤0.01% |
415
-792
| -66% | -$199K |
|
577
Zillow
Z
$8.07B
| $108K | ﹤0.01% |
1,230
-3,675
| -75% | -$372K |
|
578
Jack Henry & Associates
JKHY
$11.8B
| $104K | ﹤0.01% |
634
-7,219
| -92% | -$1.24M |
|
579
Kohl's
KSS
$2B
| $101K | ﹤0.01% |
+2,140
| New | +$114K |
|
580
Pultegroup
PHM
$24.6B
| $100K | ﹤0.01% |
2,184
-41,137
| -95% | -$2.14M |
|
581
CONMED
CNMD
$1.53B
| $97K | ﹤0.01% |
+745
| New | +$97.5K |
|
582
Booz Allen Hamilton
BAH
$9.27B
| $96K | ﹤0.01% |
1,211
-13,327
| -92% | -$1.11M |
|
583
Helmerich & Payne
HP
$4.35B
| $96K | ﹤0.01% |
+3,492
| New | +$97.5K |
|
584
United Parks & Resorts
PRKS
$2.06B
| $96K | ﹤0.01% |
1,739
-34,103
| -95% | -$1.72M |
|
585
CACI
CACI
$14.3B
| $94K | ﹤0.01% |
+357
| New | +$92.2K |
|
586
Madison Square Garden
MSGS
$9.78B
| $92K | ﹤0.01% |
+496
| New | +$84.9K |
|
587
Accenture
ACN
$113B
| $91K | ﹤0.01% |
+283
| New | +$92.1K |
|
588
Vale
VALE
$62.1B
| $90K | ﹤0.01% |
+6,431
| New | +$126K |
|
589
FIVE9
FIVN
$2.45B
| $89K | ﹤0.01% |
+558
| New | +$102K |
|
|
TWOU
590
DELISTED
2U Inc
TWOU
| $89K | ﹤0.01% |
89
-678
| -88% | -$795K |
|
591
Domino's
DPZ
$11.3B
| $88K | ﹤0.01% |
185
+97
| +110% | +$49.1K |
|
592
Ulta Beauty
ULTA
$22.4B
| $86K | ﹤0.01% |
+237
| New | +$85.6K |
|
593
Brown-Forman Class B
BF.B
$13.1B
| $84K | ﹤0.01% |
1,259
-30,109
| -96% | -$2.13M |
|
594
O'Reilly Automotive
ORLY
$72.1B
| $81K | ﹤0.01% |
1,995
-8,910
| -82% | -$357K |
|
|
OPTU
595
Optimum Communications Inc
OPTU
$323M
| $79K | ﹤0.01% |
3,803
-5,637
| -60% | -$164K |
|
596
Guidewire Software
GWRE
$15.8B
| $79K | ﹤0.01% |
666
-11,381
| -94% | -$1.31M |
|
597
Moody's
MCO
$87.2B
| $79K | ﹤0.01% |
+222
| New | +$83.7K |
|
598
Brunswick
BC
$5.24B
| $77K | ﹤0.01% |
806
-10,498
| -93% | -$1.05M |
|
599
Liberty Global Class A
LBTYA
$3.63B
| $77K | ﹤0.01% |
+2,584
| New | +$71.6K |
|
600
Valvoline
VVV
$4.33B
| $77K | ﹤0.01% |
+2,474
| New | +$76.8K |
|
Similar funds
Lee Ainslie's Q3 2021 Portfolio in Review
As of Q3 2021, Lee Ainslie held 869 positions worth $9.92B, down 6.9% from $10.6B the previous quarter. Its ten largest holdings account for 52% of the portfolio.
Lee Ainslie deployed $866M of net new capital in Q3 2021, opening 208 new positions and adding to 234 existing holdings. Its largest new stake was Instructure Holdings, Inc.: 1,250,000 shares worth $28.2M.
By sector, the portfolio is most concentrated in Consumer Discretionary at 41% of assets, down from 53% a quarter earlier, followed by Healthcare and Technology.
On the sell side, the largest reduction was Coupang, an estimated $201M trimmed.
- Lee Ainslie's largest Q3 2021 buy was Instructure Holdings, Inc.: 1,250,000 shares worth $28.2M.
- Lee Ainslie added most to Visa in Q3 2021, an estimated $121M increase.
- Lee Ainslie's biggest Q3 2021 reduction was Coupang, cutting an estimated $201M.
- Lee Ainslie fully exited Alibaba in Q3 2021, selling an estimated $102M.
- Lee Ainslie's ten largest holdings make up 52% of its $9.92B portfolio in Q3 2021.
- Lee Ainslie opened 208 new positions and closed 244 in Q3 2021.
- Lee Ainslie's portfolio value fell 6.9% quarter-over-quarter to $9.92B.
Based on Maverick Capital's 13F filing for Q3 2021, filed 15 Nov 2021.