Lee Ainslie’s Maverick Capital’s New Stock Picks and Portfolio

Lee Ainslie’s Maverick Capital bought nearly $400 Million worth of Hewlett-Packard (HPQ) shares in the third quarter. HPQ was David Tepper’s biggest purchase in the third quarter as well.  Maverick Capital was founded by Lee Ainslie and three Wyly brothers. This summer the SEC charged the billionaire Wyly brothers with fraud and insider trading, claiming they used elaborate offshore trusts and subsidiary companies to conceal their transactions.   Maverick Fund has returned 7.7% annually during the past decade vs. the S&P 500’s -0.4%. Here are the 10 largest positions in Ainslie’s portfolio: Apollo Group Inc (APOL):  394,095,075 Hewlett-Packard Co (HPQ): 385,685,980 Marvell Technology Group Ltd (MRVL):  379,856,827 Apple Inc (AAPL):  377,919,531 Corning Inc (GLW): 377,905,182 Pfizer Inc (PFE): 368,410,131 Citigroup Inc (C): 333,830,756 Expedia Inc (EXPE): 328,340,730 Abercrombie & Fitch Co (ANF): 266,306,024 Google Inc (GOOG): 255,233,714 Here are the 10 largest new positions: HEWLETT PACKARD CO (HPQ)                 $386 million ABERCROMBIE & FITCH CO (ANF)         $266 million BED BATH & BEYOND INC (BBBY)           $255 million GOLDMAN SACHS (GS)                                 $147 million GOODRICH CORP (GR)                                  $127 million COCA COLA ENTERPRISES INC (CCE)     $126 million ORACLE CORP (ORCL)                                   $123 million LIFE TECHNOLOGIES CORP (LIFE)          $122 million DELL INC (DELL)                                             $113 million AMERICA MOVIL SAB (AMX)                    $88 million
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