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 | |
|---|---|---|---|---|---|---|
801
Paychex
PAYX
$44.3B
| – | – |
-1,631
| Closed | -$160K |
|
802
Petrobras
PBR
$123B
| – | – |
-24,801
| Closed | -$210K |
|
803
PG&E
PCG
$38.8B
| – | – |
-27,094
| Closed | -$317K |
|
804
Penumbra
PEN
$12.8B
| – | – |
-2,124
| Closed | -$575K |
|
805
Parker-Hannifin
PH
$126B
| – | – |
-49
| Closed | -$15K |
|
806
Prologis
PLD
$135B
| – | – |
-485,600
| Closed | -$51.5M |
|
807
Philip Morris
PM
$293B
| – | – |
-7,979
| Closed | -$708K |
|
808
Post Holdings
POST
$3.65B
| – | – |
-14,047
| Closed | -$972K |
|
|
PPL
809
PPL Corp
PPL
$25.9B
| – | – |
-7,042
| Closed | -$203K |
|
810
Prudential Financial
PRU
$41.8B
| – | – |
-767
| Closed | -$70K |
|
811
Quanta Services
PWR
$96.1B
| – | – |
-1,334
| Closed | -$117K |
|
812
Papa John's
PZZA
$788M
| – | – |
-8,032
| Closed | -$712K |
|
813
Royal Caribbean
RCL
$78.1B
| – | – |
-1,995
| Closed | -$171K |
|
814
The RealReal
REAL
$1.35B
| – | – |
-3,764
| Closed | -$85K |
|
815
Resideo Technologies
REZI
$3.08B
| – | – |
-954
| Closed | -$27K |
|
816
Repligen
RGEN
$10.2B
| – | – |
-1,140
| Closed | -$222K |
|
817
Rigel Pharmaceuticals
RIGL
$857M
| – | – |
-15,112
| Closed | -$517K |
|
818
Ralph Lauren
RL
$22.2B
| – | – |
-15,190
| Closed | -$1.87M |
|
819
Royalty Pharma
RPRX
$27.3B
| – | – |
-7,342
| Closed | -$320K |
|
820
Red Robin
RRGB
$189M
| – | – |
-25,421
| Closed | -$1.01M |
|
821
Red Rock Resorts
RRR
$3.61B
| – | – |
-1,777
| Closed | -$58K |
|
822
Regal Rexnord
RRX
$11.1B
| – | – |
-1,574
| Closed | -$225K |
|
823
Republic Services
RSG
$67.6B
| – | – |
-46
| Closed | -$5K |
|
824
Sunrun
RUN
$2.21B
| – | – |
-8,038
| Closed | -$486K |
|
|
SCHW
825
Charles Schwab
SCHW
$194B
| – | – |
-15,360
| Closed | -$1M |
|
Similar funds
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.