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 |
lululemon athletica
LULU
|
+$91.4M |
| 2 |
Advanced Micro Devices
AMD
|
+$75M |
| 3 |
Netflix
NFLX
|
+$68.3M |
| 4 |
Broadcom
AVGO
|
+$57.7M |
| 5 |
LPL Financial
LPLA
|
+$50.5M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Coupang
CPNG
|
+$429M |
| 2 |
Meta Platforms (Facebook)
META
|
+$149M |
| 3 |
Camden Property Trust
CPT
|
+$127M |
| 4 |
Uber
UBER
|
+$102M |
| 5 |
Seagate
STX
|
+$66.6M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Consumer Discretionary | 28.25% |
| 2 | Technology | 25.43% |
| 3 | Healthcare | 19.35% |
| 4 | Financials | 8.64% |
| 5 | Consumer Staples | 5.8% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
OS
76
DELISTED
OneStream Inc
OS
| $3.39M | 0.07% |
+100,000
| New | +$2.95M |
|
77
Valvoline
VVV
$4.33B
| $3.37M | 0.07% |
80,456
+38,844
| +93% | +$1.65M |
|
78
Curis
CRIS
$3.83M
| $3.14M | 0.06% |
29,114
| – | – |
|
79
eBay
EBAY
$46.3B
| $3.09M | 0.06% |
47,513
+1,330
| +3% | +$76.6K |
|
80
Commault Systems
CVLT
$5.55B
| $3.05M | 0.06% |
19,817
+9,619
| +94% | +$1.35M |
|
81
F5
FFIV
$21.8B
| $2.95M | 0.06% |
+13,417
| New | +$2.6M |
|
82
Capri Holdings
CPRI
$1.55B
| $2.93M | 0.06% |
+69,054
| New | +$2.42M |
|
|
SHOE
83
Shoe Station Group
SHOE
$420M
| $2.91M | 0.06% |
66,297
+9,507
| +17% | +$388K |
|
84
PayPal
PYPL
$52.7B
| $2.76M | 0.05% |
35,426
+22,800
| +181% | +$1.53M |
|
85
PVH
PVH
$3.62B
| $2.75M | 0.05% |
+27,296
| New | +$2.71M |
|
86
American Airlines Group
AAL
$9.15B
| $2.72M | 0.05% |
241,572
+47,718
| +25% | +$505K |
|
87
HP
HPQ
$27.2B
| $2.66M | 0.05% |
74,077
-24,884
| -25% | -$877K |
|
|
FYBR
88
DELISTED
Frontier Communications
FYBR
| $2.64M | 0.05% |
+74,323
| New | +$2.24M |
|
89
Dutch Bros
BROS
$6.88B
| $2.63M | 0.05% |
+82,193
| New | +$2.9M |
|
90
TripAdvisor
TRIP
$1.17B
| $2.57M | 0.05% |
177,265
-2,024
| -1% | -$31.4K |
|
91
Texas Roadhouse
TXRH
$13.4B
| $2.51M | 0.05% |
14,185
+2,156
| +18% | +$364K |
|
92
Hudbay
HBM
$13.4B
| $2.49M | 0.05% |
271,139
+84,240
| +45% | +$679K |
|
93
Peabody Energy
BTU
$3.37B
| $2.49M | 0.05% |
93,846
+23,172
| +33% | +$528K |
|
94
Yeti Holdings
YETI
$3.19B
| $2.44M | 0.05% |
+59,450
| New | +$2.33M |
|
95
Centuri Holdings
CTRI
$2.16B
| $2.42M | 0.05% |
150,000
| – | – |
|
|
GRMN
96
Garmin
GRMN
$56.9B
| $2.39M | 0.05% |
13,598
+6,278
| +86% | +$1.08M |
|
97
Zebra Technologies
ZBRA
$17.4B
| $2.38M | 0.05% |
6,438
+1,417
| +28% | +$476K |
|
98
MasterBrand
MBC
$1.85B
| $2.23M | 0.04% |
120,126
+16,813
| +16% | +$274K |
|
99
SharkNinja
SN
$25.5B
| $2.22M | 0.04% |
+20,388
| New | +$1.77M |
|
100
Bausch Health
BHC
$2.41B
| $2.21M | 0.04% |
271,211
+40,780
| +18% | +$269K |
|
Similar funds
Lee Ainslie's Q3 2024 Portfolio in Review
As of Q3 2024, Lee Ainslie held 347 positions worth $5.13B, down 2.7% from $5.27B the previous quarter. Its ten largest holdings account for 42% of the portfolio.
Lee Ainslie withdrew a net $594M in Q3 2024, closing 118 positions and reducing 47 holdings. Its most notable exit was Meta Platforms (Facebook), an estimated $149M position sold in full.
By sector, the portfolio is most concentrated in Consumer Discretionary at 28% of assets, down from 29% a quarter earlier, followed by Technology and Healthcare.
Against the trend, Lee Ainslie opened a new position in lululemon athletica worth $93.5M.
- Lee Ainslie's largest Q3 2024 buy was lululemon athletica: 344,486 shares worth $93.5M.
- Lee Ainslie added most to Advanced Micro Devices in Q3 2024, an estimated $75M increase.
- Lee Ainslie's biggest Q3 2024 reduction was Coupang, cutting an estimated $429M.
- Lee Ainslie fully exited Meta Platforms (Facebook) in Q3 2024, selling an estimated $149M.
- Lee Ainslie's ten largest holdings make up 42% of its $5.13B portfolio in Q3 2024.
- Lee Ainslie opened 80 new positions and closed 118 in Q3 2024.
- Lee Ainslie's portfolio value fell 2.7% quarter-over-quarter to $5.13B.
Based on Maverick Capital's 13F filing for Q3 2024, filed 14 Nov 2024.