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 | |
|---|---|---|---|---|---|---|
|
DOCU
201
DocuSign
DOCU
$11.8B
| $1.5M | 0.01% |
+5,348
| New | +$1.2M |
|
202
Box
BOX
$4.56B
| $1.47M | 0.01% |
57,413
+44,481
| +344% | +$1.04M |
|
203
Lumentum
LITE
$77.7B
| $1.46M | 0.01% |
17,766
+14,660
| +472% | +$1.23M |
|
204
Qfin Holdings
QFIN
$1.41B
| $1.46M | 0.01% |
34,770
-557
| -2% | -$17K |
|
205
AstraZeneca
AZN
$257B
| $1.45M | 0.01% |
12,070
-15,095
| -56% | -$1.66M |
|
206
Zimmer Biomet
ZBH
$19.3B
| $1.44M | 0.01% |
9,229
-9,990
| -52% | -$1.62M |
|
207
Qorvo
QRVO
$8.43B
| $1.44M | 0.01% |
7,356
+5,901
| +406% | +$1.09M |
|
|
NLSN
208
DELISTED
Nielsen Holdings plc
NLSN
| $1.44M | 0.01% |
58,306
+33,789
| +138% | +$882K |
|
209
Landstar System
LSTR
$6.33B
| $1.42M | 0.01% |
9,011
+3,615
| +67% | +$607K |
|
210
Liberty Global Class C
LBTYK
$3.55B
| $1.42M | 0.01% |
52,536
+12,607
| +32% | +$340K |
|
211
SLM Corp
SLM
$4.97B
| $1.41M | 0.01% |
67,468
+34,097
| +102% | +$672K |
|
212
Crocs
CROX
$5.85B
| $1.4M | 0.01% |
+12,018
| New | +$1.18M |
|
213
Altria Group
MO
$110B
| $1.39M | 0.01% |
+29,199
| New | +$1.43M |
|
214
Sensata Technologies
ST
$6.23B
| $1.36M | 0.01% |
23,497
+5,962
| +34% | +$348K |
|
|
ENDP
215
DELISTED
Endo International plc
ENDP
| $1.36M | 0.01% |
290,902
+152,633
| +110% | +$875K |
|
216
Guidewire Software
GWRE
$15.8B
| $1.36M | 0.01% |
12,047
+5,254
| +77% | +$546K |
|
|
VAPO
217
DELISTED
Vapotherm, Inc. Common Stock
VAPO
| $1.34M | 0.01% |
7,109
+4,028
| +131% | +$686K |
|
218
Primerica
PRI
$9.1B
| $1.34M | 0.01% |
8,742
+1,274
| +17% | +$201K |
|
219
Dropbox
DBX
$7.5B
| $1.34M | 0.01% |
44,146
+23,714
| +116% | +$648K |
|
220
Illumina
ILMN
$33.1B
| $1.34M | 0.01% |
2,907
+1,348
| +86% | +$543K |
|
221
Varonis Systems
VRNS
$4.74B
| $1.33M | 0.01% |
+23,042
| New | +$1.2M |
|
222
Molina Healthcare
MOH
$10.5B
| $1.3M | 0.01% |
+5,158
| New | +$1.3M |
|
223
SS&C Technologies
SSNC
$19.5B
| $1.29M | 0.01% |
17,884
+3,673
| +26% | +$269K |
|
224
Reliance Steel & Aluminium
RS
$19.8B
| $1.29M | 0.01% |
8,524
-1,778
| -17% | -$289K |
|
225
Brookdale Senior Living
BKD
$2.82B
| $1.28M | 0.01% |
+162,576
| New | +$1.17M |
|
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.