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 |
Molson Coors Class B
TAP
|
+$471M |
| 2 |
Dollar Tree
DLTR
|
+$292M |
| 3 |
DuPont de Nemours
DD
|
+$273M |
| 4 |
DXC Technology
DXC
|
+$227M |
| 5 |
Qualcomm
QCOM
|
+$213M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Adobe
ADBE
|
+$405M |
| 2 |
Pfizer
PFE
|
+$325M |
| 3 |
CSC
Computer Sciences
CSC
|
+$181M |
| 4 |
Cigna
CI
|
+$162M |
| 5 |
Newell Brands
NWL
|
+$154M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Healthcare | 26.72% |
| 2 | Technology | 17.27% |
| 3 | Consumer Staples | 16.93% |
| 4 | Communication Services | 12.11% |
| 5 | Consumer Discretionary | 8.27% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
SFS
176
DELISTED
Smart & Final Stores, Inc.
SFS
| $250K | ﹤0.01% |
+27,500
| New | +$329K |
|
177
Madison Square Garden
MSGS
$9.78B
| $176K | ﹤0.01% |
+1,256
| New | +$178K |
|
178
Columbia Sportswear
COLM
$3.09B
| $92K | ﹤0.01% |
+1,584
| New | +$89.6K |
|
179
Assured Guaranty
AGO
$3.27B
| – | – |
-32,870
| Closed | -$1.22M |
|
180
Allison Transmission
ALSN
$11B
| – | – |
-78,160
| Closed | -$2.82M |
|
181
Ameriprise Financial
AMP
$49.1B
| – | – |
-5,070
| Closed | -$657K |
|
182
Check Point Software Technologies
CHKP
$13.3B
| – | – |
-3,710
| Closed | -$381K |
|
183
Comcast
CMCSA
$95.3B
| – | – |
-1,148,214
| Closed | -$43.2M |
|
184
Diageo
DEO
$52.6B
| – | – |
-11,820
| Closed | -$1.37M |
|
185
Eagle Materials
EXP
$6.35B
| – | – |
-27,160
| Closed | -$2.64M |
|
186
F5
FFIV
$21.8B
| – | – |
-19,850
| Closed | -$2.83M |
|
|
FL
187
DELISTED
Foot Locker
FL
| – | – |
-36,950
| Closed | -$2.76M |
|
188
Hershey
HSY
$37.5B
| – | – |
-26,030
| Closed | -$2.84M |
|
189
Kraft Heinz
KHC
$30.3B
| – | – |
-1,152,747
| Closed | -$105M |
|
190
Moody's
MCO
$87.2B
| – | – |
-6,020
| Closed | -$674K |
|
191
Mercado Libre
MELI
$97.5B
| – | – |
-13,400
| Closed | -$2.83M |
|
192
NVIDIA
NVDA
$5.2T
| – | – |
-1,129,600
| Closed | -$3.08M |
|
|
193
Newell Brands
NWL
$2.59B
| – | – |
-3,263,897
| Closed | -$154M |
|
194
Nexstar Media Group
NXST
$5.73B
| – | – |
-39,960
| Closed | -$2.8M |
|
195
Bank OZK
OZK
$5.39B
| – | – |
-51,280
| Closed | -$2.67M |
|
196
Ferrari
RACE
$76.7B
| – | – |
-21,270
| Closed | -$1.58M |
|
197
Regions Financial
RF
$25.9B
| – | – |
-185,710
| Closed | -$2.7M |
|
198
SBA Communications
SBAC
$19.4B
| – | – |
-615,339
| Closed | -$74.1M |
|
199
Valero Energy
VLO
$100B
| – | – |
-42,030
| Closed | -$2.79M |
|
200
Viatris
VTRS
$18.7B
| – | – |
-1,545,448
| Closed | -$60.3M |
|
Similar funds
Lee Ainslie's Q2 2017 Portfolio in Review
As of Q2 2017, Lee Ainslie held 209 positions worth $7.98B, up 1.8% from $7.84B the previous quarter. Its ten largest holdings account for 52% of the portfolio.
Lee Ainslie's Q2 2017 filing shows 79 new, 71 increased, 28 reduced and 31 closed positions. Its largest new stake was Molson Coors Class B: 5,081,514 shares worth $439M. The largest sale was Adobe, an estimated $405M.
By sector, the portfolio is most concentrated in Healthcare at 27% of assets, down from 30% a quarter earlier, followed by Technology and Consumer Staples.
- Lee Ainslie's largest Q2 2017 buy was Molson Coors Class B: 5,081,514 shares worth $439M.
- Lee Ainslie added most to Dollar Tree in Q2 2017, an estimated $292M increase.
- Lee Ainslie's biggest Q2 2017 reduction was Adobe, cutting an estimated $405M.
- Lee Ainslie fully exited Computer Sciences in Q2 2017, selling an estimated $181M.
- Lee Ainslie's ten largest holdings make up 52% of its $7.98B portfolio in Q2 2017.
- Lee Ainslie opened 79 new positions and closed 31 in Q2 2017.
- Lee Ainslie's portfolio value rose 1.8% quarter-over-quarter to $7.98B.
Based on Maverick Capital's 13F filing for Q2 2017, filed 14 Aug 2017.