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 | |
|---|---|---|---|---|---|---|
1
Coupang
CPNG
$29.6B
| $4.51B | 42.35% |
110,527,590
| – | – |
|
2
Microsoft
MSFT
$3.59T
| $264M | 2.48% |
976,250
-219,956
| -18% | -$55.9M |
|
|
3
Centene
CNC
$32.1B
| $249M | 2.34% |
+3,416,815
| New | +$234M |
|
4
Meta Platforms (Facebook)
META
$1.4T
| $236M | 2.22% |
678,689
-126,244
| -16% | -$40.5M |
|
|
5
Amazon
AMZN
$2.79T
| $230M | 2.16% |
1,337,620
-430,640
| -24% | -$71.6M |
|
|
6
Alphabet (Google) Class C
GOOG
$4.18T
| $195M | 1.83% |
1,558,320
-615,000
| -28% | -$73.3M |
|
7
Netflix
NFLX
$331B
| $189M | 1.78% |
3,580,520
-478,580
| -12% | -$24.5M |
|
8
Seer Inc
SEER
$112M
| $178M | 1.67% |
5,418,893
-950
| -0% | -$37.5K |
|
|
9
Jones Lang LaSalle
JLL
$17.8B
| $172M | 1.61% |
+878,381
| New | +$172M |
|
10
T-Mobile US
TMUS
$196B
| $171M | 1.61% |
1,181,679
+33,607
| +3% | +$4.63M |
|
11
XP
XP
$8.53B
| $154M | 1.44% |
3,531,054
+116,191
| +3% | +$4.8M |
|
12
Corpay
CPAY
$27.4B
| $146M | 1.37% |
569,307
+22,857
| +4% | +$6.32M |
|
13
Crown Holdings
CCK
$13B
| $133M | 1.25% |
1,302,698
+209,632
| +19% | +$22.1M |
|
|
ONEM
14
DELISTED
1Life Healthcare
ONEM
| $121M | 1.14% |
3,661,204
| – | – |
|
15
Atara Biotherapeutics
ATRA
$97.4M
| $120M | 1.13% |
308,187
+38,611
| +14% | +$13.8M |
|
16
Humana
HUM
$45.5B
| $112M | 1.05% |
253,677
-16,178
| -6% | -$7.07M |
|
|
17
Lam Research
LRCX
$393B
| $112M | 1.05% |
1,722,810
-1,157,080
| -40% | -$73M |
|
18
Uber
UBER
$161B
| $111M | 1.04% |
2,205,858
+584,494
| +36% | +$30.5M |
|
19
TG Therapeutics
TGTX
$8.31B
| $109M | 1.03% |
2,821,079
-150,057
| -5% | -$5.89M |
|
|
20
Applied Materials
AMAT
$391B
| $104M | 0.97% |
727,545
-669,337
| -48% | -$89.8M |
|
21
Alibaba
BABA
$286B
| $102M | 0.96% |
450,109
+131,570
| +41% | +$29.2M |
|
22
Nektar Therapeutics
NKTR
$2.53B
| $98.9M | 0.93% |
384,072
-6,482
| -2% | -$1.79M |
|
23
International Flavors & Fragrances
IFF
$21.5B
| $97.3M | 0.91% |
651,601
-143,240
| -18% | -$20.6M |
|
24
LivaNova
LIVN
$4.34B
| $96.5M | 0.91% |
1,147,636
-20,798
| -2% | -$1.71M |
|
|
CANO
25
DELISTED
Cano Health, Inc.
CANO
| $96M | 0.9% |
+83,546
| New | +$113M |
|
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.