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 |
Constellation Brands
STZ
|
+$139M |
| 2 |
Baxter International
BAX
|
+$121M |
| 3 |
Coupang
CPNG
|
+$85.7M |
| 4 |
BNY
Bank of New York Mellon
BNY
|
+$67.4M |
| 5 |
DoorDash
DASH
|
+$63.4M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Salesforce
CRM
|
+$91.7M |
| 2 |
CTLT
CATALENT, INC.
CTLT
|
+$69.4M |
| 3 |
UnitedHealth
UNH
|
+$64.8M |
| 4 |
Meta Platforms (Facebook)
META
|
+$57M |
| 5 |
IMGN
Immunogen Inc
IMGN
|
+$48M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Consumer Discretionary | 40.71% |
| 2 | Technology | 19.77% |
| 3 | Healthcare | 12.09% |
| 4 | Communication Services | 8.07% |
| 5 | Consumer Staples | 6.59% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
76
HCA Healthcare
HCA
$92.9B
| $3.42M | 0.07% |
+11,277
| New | +$3.14M |
|
77
Kroger
KR
$35.5B
| $3.41M | 0.07% |
72,638
+59,427
| +450% | +$2.83M |
|
|
ABCM
78
CALL
DELISTED
Abcam PLC
ABCM
| $3.4M | 0.07% |
+138,900
| New | +$2.4M |
|
79
lululemon athletica
LULU
$13.7B
| $3.19M | 0.07% |
+8,420
| New | +$3.11M |
|
80
Home Depot
HD
$335B
| $3.17M | 0.07% |
+10,214
| New | +$3.02M |
|
81
Advanced Micro Devices
AMD
$773B
| $3.13M | 0.07% |
+27,465
| New | +$2.86M |
|
82
Ulta Beauty
ULTA
$22.4B
| $3.12M | 0.07% |
+6,629
| New | +$3.25M |
|
83
IQVIA
IQV
$42.8B
| $3.1M | 0.07% |
13,811
+8,300
| +151% | +$1.67M |
|
84
Monster Beverage
MNST
$93.6B
| $3.05M | 0.06% |
106,060
+41,374
| +64% | +$1.18M |
|
85
Kimberly-Clark
KMB
$36.4B
| $3.04M | 0.06% |
22,044
-11,231
| -34% | -$1.56M |
|
86
Tractor Supply
TSCO
$18.2B
| $2.82M | 0.06% |
+63,830
| New | +$2.92M |
|
87
Caribou Biosciences
CRBU
$178M
| $2.77M | 0.06% |
652,542
| – | – |
|
88
Shopify
SHOP
$192B
| $2.67M | 0.06% |
41,363
+157
| +0.4% | +$8.88K |
|
89
Brinker International
EAT
$10.6B
| $2.67M | 0.06% |
72,843
+40,167
| +123% | +$1.51M |
|
90
Alphabet (Google) Class A
GOOGL
$4.22T
| $2.64M | 0.06% |
+22,057
| New | +$2.54M |
|
91
J.M. Smucker
SJM
$13.3B
| $2.56M | 0.05% |
+17,337
| New | +$2.64M |
|
92
Open Text
OTEX
$5.97B
| $2.5M | 0.05% |
60,059
+34,011
| +131% | +$1.37M |
|
93
Invivyd
IVVD
$294M
| $2.46M | 0.05% |
2,338,373
+450,846
| +24% | +$575K |
|
94
Labcorp
LH
$27.3B
| $2.42M | 0.05% |
11,656
+3,094
| +36% | +$600K |
|
|
SIX
95
DELISTED
Six Flags Entertainment Corp.
SIX
| $2.39M | 0.05% |
91,939
-66,048
| -42% | -$1.71M |
|
96
Spotify
SPOT
$110B
| $2.38M | 0.05% |
+14,840
| New | +$2.15M |
|
97
Intel
INTC
$476B
| $2.35M | 0.05% |
+70,284
| New | +$2.21M |
|
98
Roblox
RBLX
$27.4B
| $2.35M | 0.05% |
58,320
+39,507
| +210% | +$1.59M |
|
99
Bloomin' Brands
BLMN
$996M
| $2.2M | 0.05% |
81,997
-2,383
| -3% | -$59.7K |
|
100
Airbnb
ABNB
$110B
| $2.18M | 0.05% |
16,979
+5,572
| +49% | +$652K |
|
Similar funds
Lee Ainslie's Q2 2023 Portfolio in Review
As of Q2 2023, Lee Ainslie held 579 positions worth $4.69B, up 19% from $3.95B the previous quarter. Its ten largest holdings account for 56% of the portfolio.
Lee Ainslie deployed $156M of net new capital in Q2 2023, opening 130 new positions and adding to 106 existing holdings. Its largest new stake was Constellation Brands: 592,121 shares worth $146M.
By sector, the portfolio is most concentrated in Consumer Discretionary at 41% of assets, up from 40% a quarter earlier, followed by Technology and Healthcare.
On the sell side, the largest reduction was Salesforce, an estimated $91.7M trimmed.
- Lee Ainslie's largest Q2 2023 buy was Constellation Brands: 592,121 shares worth $146M.
- Lee Ainslie added most to Coupang in Q2 2023, an estimated $85.7M increase.
- Lee Ainslie's biggest Q2 2023 reduction was Salesforce, cutting an estimated $91.7M.
- Lee Ainslie fully exited CATALENT, INC. in Q2 2023, selling an estimated $69.4M.
- Lee Ainslie's ten largest holdings make up 56% of its $4.69B portfolio in Q2 2023.
- Lee Ainslie opened 130 new positions and closed 187 in Q2 2023.
- Lee Ainslie's portfolio value rose 19% quarter-over-quarter to $4.69B.
Based on Maverick Capital's 13F filing for Q2 2023, filed 14 Aug 2023.