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
ORACLE CORP (ORCL)                                   $123 million
LIFE TECHNOLOGIES CORP (LIFE)          $122 million
DELL INC (DELL)                                             $113 million
AMERICA MOVIL SAB (AMX)                    $88 million