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 |
EA
Electronic Arts
EA
|
+$96.5M |
| 2 |
GFL Environmental
GFL
|
+$92.9M |
| 3 |
QuidelOrtho
QDEL
|
+$79.1M |
| 4 |
Astera Labs
ALAB
|
+$73.9M |
| 5 |
Natera
NTRA
|
+$60.1M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Coupang
CPNG
|
+$307M |
| 2 |
Constellation Brands
STZ
|
+$86.1M |
| 3 |
Domino's
DPZ
|
+$76.7M |
| 4 |
IMGN
Immunogen Inc
IMGN
|
+$73.9M |
| 5 |
Meta Platforms (Facebook)
META
|
+$70.6M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Consumer Discretionary | 32.34% |
| 2 | Technology | 17.7% |
| 3 | Healthcare | 16.82% |
| 4 | Financials | 10.98% |
| 5 | Real Estate | 5.15% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
101
American Airlines Group
AAL
$9.15B
| $1.52M | 0.03% |
+99,281
| New | +$1.44M |
|
102
Tapestry
TPR
$26B
| $1.45M | 0.03% |
30,598
-10,491
| -26% | -$450K |
|
103
Roku
ROKU
$23.4B
| $1.45M | 0.03% |
+22,278
| New | +$1.73M |
|
104
Zebra Technologies
ZBRA
$17.4B
| $1.43M | 0.03% |
+4,741
| New | +$1.27M |
|
105
Hilton Worldwide
HLT
$73.5B
| $1.42M | 0.03% |
+6,634
| New | +$1.3M |
|
106
Sally Beauty Holdings
SBH
$1.55B
| $1.35M | 0.03% |
108,774
+68,464
| +170% | +$857K |
|
107
Darden Restaurants
DRI
$25.2B
| $1.31M | 0.02% |
7,857
+2,989
| +61% | +$496K |
|
108
General Dynamics
GD
$104B
| $1.29M | 0.02% |
4,566
+3,570
| +358% | +$955K |
|
109
Crocs
CROX
$5.85B
| $1.27M | 0.02% |
+8,846
| New | +$1.01M |
|
110
Caterpillar
CAT
$381B
| $1.26M | 0.02% |
+3,425
| New | +$1.09M |
|
111
Ubiquiti
UI
$33.8B
| $1.25M | 0.02% |
10,829
+7,118
| +192% | +$873K |
|
112
GoDaddy
GDDY
$12.3B
| $1.23M | 0.02% |
10,355
+4,922
| +91% | +$548K |
|
113
Ingles Markets
IMKTA
$1.61B
| $1.19M | 0.02% |
15,461
+5,971
| +63% | +$478K |
|
114
Home Depot
HD
$335B
| $1.17M | 0.02% |
+3,062
| New | +$1.12M |
|
115
Carnival Corporation Ltd
CCL
$35.2B
| $1.17M | 0.02% |
71,515
+36,095
| +102% | +$587K |
|
116
Robert Half
RHI
$4.58B
| $1.15M | 0.02% |
14,560
+2,488
| +21% | +$200K |
|
117
Costco
COST
$420B
| $1.14M | 0.02% |
+1,557
| New | +$1.11M |
|
118
Columbia Sportswear
COLM
$3.09B
| $1.12M | 0.02% |
+13,838
| New | +$1.1M |
|
119
Travel + Leisure Co
TNL
$4.39B
| $1.11M | 0.02% |
22,734
+5,190
| +30% | +$222K |
|
120
CrowdStrike
CRWD
$195B
| $1.09M | 0.02% |
13,564
+1,352
| +11% | +$103K |
|
121
Curtiss-Wright
CW
$23.5B
| $1.08M | 0.02% |
+4,207
| New | +$978K |
|
122
PACCAR
PCAR
$69B
| $1.08M | 0.02% |
+8,687
| New | +$933K |
|
123
Grocery Outlet
GO
$1.15B
| $1.05M | 0.02% |
+36,604
| New | +$965K |
|
124
Textron
TXT
$14.3B
| $1.05M | 0.02% |
+10,949
| New | +$948K |
|
125
Howmet Aerospace
HWM
$108B
| $1.05M | 0.02% |
15,325
+8,795
| +135% | +$539K |
|
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Lee Ainslie's Q1 2024 Portfolio in Review
As of Q1 2024, Lee Ainslie held 573 positions worth $5.32B, up 6.9% from $4.98B the previous quarter. Its ten largest holdings account for 45% of the portfolio.
Lee Ainslie withdrew a net $210M in Q1 2024, closing 168 positions and reducing 68 holdings. Its most notable exit was Immunogen Inc, an estimated $73.9M position sold in full.
By sector, the portfolio is most concentrated in Consumer Discretionary at 32% of assets, down from 36% a quarter earlier, followed by Technology and Healthcare.
Against the trend, Lee Ainslie opened a new position in Electronic Arts worth $93.2M.
- Lee Ainslie's largest Q1 2024 buy was Electronic Arts: 702,830 shares worth $93.2M.
- Lee Ainslie added most to Starbucks in Q1 2024, an estimated $51.2M increase.
- Lee Ainslie's biggest Q1 2024 reduction was Coupang, cutting an estimated $307M.
- Lee Ainslie fully exited Immunogen Inc in Q1 2024, selling an estimated $73.9M.
- Lee Ainslie's ten largest holdings make up 45% of its $5.32B portfolio in Q1 2024.
- Lee Ainslie opened 225 new positions and closed 168 in Q1 2024.
- Lee Ainslie's portfolio value rose 6.9% quarter-over-quarter to $5.32B.
Based on Maverick Capital's 13F filing for Q1 2024, filed 15 May 2024.