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 |
Centene
CNC
|
+$234M |
| 2 |
Jones Lang LaSalle
JLL
|
+$172M |
| 3 |
CANO
Cano Health, Inc.
CANO
|
+$113M |
| 4 |
Carvana
CVNA
|
+$84.7M |
| 5 |
IS
ironSource Ltd.
IS
|
+$64.5M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Applied Materials
AMAT
|
+$89.8M |
| 2 |
Alnylam Pharmaceuticals
ALNY
|
+$73.8M |
| 3 |
Alphabet (Google) Class C
GOOG
|
+$73.3M |
| 4 |
Lam Research
LRCX
|
+$73M |
| 5 |
Amazon
AMZN
|
+$71.6M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Consumer Discretionary | 52.76% |
| 2 | Healthcare | 15.32% |
| 3 | Technology | 11.25% |
| 4 | Communication Services | 7.75% |
| 5 | Financials | 5.35% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
676
Atmos Energy
ATO
$28.2B
| – | – |
-392
| Closed | -$39K |
|
677
Broadcom
AVGO
$1.75T
| – | – |
-21,440
| Closed | -$994K |
|
678
American Express
AXP
$227B
| – | – |
-3,356
| Closed | -$475K |
|
679
Axalta
AXTA
$7.75B
| – | – |
-66,134
| Closed | -$1.96M |
|
680
Bank of America
BAC
$431B
| – | – |
-9,485
| Closed | -$367K |
|
681
Bloom Energy
BE
$59.3B
| – | – |
-4,708
| Closed | -$127K |
|
682
Beam Therapeutics
BEAM
$3.07B
| – | – |
-678
| Closed | -$54K |
|
683
B&G Foods
BGS
$281M
| – | – |
-55,954
| Closed | -$1.74M |
|
684
Baker Hughes
BKR
$61.9B
| – | – |
-14,465
| Closed | -$313K |
|
685
Builders FirstSource
BLDR
$7.55B
| – | – |
-24,326
| Closed | -$1.13M |
|
686
Bristol-Myers Squibb
BMY
$137B
| – | – |
-40,241
| Closed | -$2.54M |
|
687
Scotiabank
BNS
$107B
| – | – |
-2,132
| Closed | -$133K |
|
688
BP
BP
$115B
| – | – |
-30,729
| Closed | -$748K |
|
689
Popular Inc
BPOP
$10.8B
| – | – |
-3,181
| Closed | -$224K |
|
690
Brady Corp
BRC
$4.3B
| – | – |
-3,981
| Closed | -$213K |
|
691
AB InBev
BUD
$155B
| – | – |
-52,337
| Closed | -$3.29M |
|
692
Burlington
BURL
$20.6B
| – | – |
-10,517
| Closed | -$3.14M |
|
693
Conagra Brands
CAG
$7.89B
| – | – |
-66,613
| Closed | -$2.5M |
|
694
Cal-Maine
CALM
$3.87B
| – | – |
-81,123
| Closed | -$3.12M |
|
695
Cracker Barrel
CBRL
$1.29B
| – | – |
-8,903
| Closed | -$1.54M |
|
696
Cardlytics
CDLX
$25.3M
| – | – |
-38
| Closed | -$42K |
|
697
Celanese
CE
$5.14B
| – | – |
-3,966
| Closed | -$594K |
|
698
Church & Dwight Co
CHD
$23.4B
| – | – |
-14,648
| Closed | -$1.28M |
|
699
Cummins
CMI
$80.9B
| – | – |
-4,090
| Closed | -$1.06M |
|
700
CMS Energy
CMS
$21.4B
| – | – |
-3,262
| Closed | -$200K |
|
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Lee Ainslie's Q2 2021 Portfolio in Review
As of Q2 2021, Lee Ainslie held 915 positions worth $10.6B, down 1.9% from $10.9B the previous quarter. Its ten largest holdings account for 60% of the portfolio.
Lee Ainslie's Q2 2021 filing shows 227 new, 218 increased, 210 reduced and 254 closed positions. Its largest new stake was Centene: 3,416,815 shares worth $249M. The largest sale was Applied Materials, an estimated $89.8M.
By sector, the portfolio is most concentrated in Consumer Discretionary at 53% of assets, down from 55% a quarter earlier, followed by Healthcare and Technology.
- Lee Ainslie's largest Q2 2021 buy was Centene: 3,416,815 shares worth $249M.
- Lee Ainslie added most to Carvana in Q2 2021, an estimated $84.7M increase.
- Lee Ainslie's biggest Q2 2021 reduction was Applied Materials, cutting an estimated $89.8M.
- Lee Ainslie fully exited Fidelity National Information Services in Q2 2021, selling an estimated $63.1M.
- Lee Ainslie's ten largest holdings make up 60% of its $10.6B portfolio in Q2 2021.
- Lee Ainslie opened 227 new positions and closed 254 in Q2 2021.
- Lee Ainslie's portfolio value fell 1.9% quarter-over-quarter to $10.6B.
Based on Maverick Capital's 13F filing for Q2 2021, filed 16 Aug 2021.