Lee Ainslie

Last Update: 2014-11-14

Number of Stocks: 46
Number of New Stocks: 10

Total Value: $6,840 Mil
Q/Q Turnover: 28%

Countries: USA
Details: Top Buys | Top Sales | Top Holdings  Embed:

Lee Ainslie Watch

  • Ainslie Lives Up to Reputation for Favoring Technology Stocks

    Value investor Lee Ainslie (Trades, Portfolio), the founder and CEO of Dallas-based hedge fund Maverick Capital Management LP, is known for investing in technology stocks. In the third quarter, he bought or sold stock in more than 50 companies, and many were in the technology sector – or, at least, mass media.


    Since its inception more than 20 years ago, Maverick Capital Management has had an average annual return of 11.2%.

      


  • Is It CBS’s Time to Shine?

    The reality that the television industry can be one of the most profitable businesses is nothing new. However, properly managing a media conglomerate is more difficult than it appears and only few sharks can swim in that ocean.


    CBS Corporation (CBS) is one of these big fishes. With a combination of radio, outdoor advertising, and the television entertainment segment as its crown jewel, this company has successfully managed the economic recession and losses caused by the strong drop in advertising in 2009, resurging today as one of the most profitable investments in the industry. In fact, investment gurus Steven Cohen (Trades, Portfolio) and Lee Ainslie (Trades, Portfolio) placed their bets on the media giant last quarter, due to the positive outlook for 2014.

      


  • Discovering This Media Giant’s Power

    In the media industry, a key factor for a company’s success is finding a market niche and exploiting it. Discovery Communications Inc. (DISCA) has followed that precise strategy and now owns several cable networks available in over 200 countries worldwide. The national and pan-regional networks, distributed through 130 feeds and in 40 languages, have established this media firm in virtually every market. So, let’s take a look at what might have encouraged investment gurus Ron Baron (Trades, Portfolio) and Lee Ainslie (Trades, Portfolio) to add more of this company’s shares to their portfolio. 


    Working Through the Niche

      


  • Citigroup: On the Road to Recovery

    Though sluggish, the U.S. economy is going through a sustained recovery phase. Besides, most U.S. government officials and intellectuals who have direct influence on U.S. economic policy - such as Larry Summers - are convinced about the need for continued monetary and fiscal stimulus. Hence, investing in banks with a broad presence in the U.S. should not be a bad idea, above all when valuations still remain under pressure. Among the so-called “too big to fail” U.S. banks, Citigroup (C), which is held by Leon Cooperman and Lee Ainslie, is my favorite one.

    Even when other banks have surpassed Citi in terms of profitability or financial strength, the combination of US and Latin American exposure, earnings growth and low market valuation makes Citi a great option when you are looking to gain exposure to large capitalization US banks.  


  • Maverick’s Tiger Lee Ainslie Sells 20 Companies in First Quarter

    Dallas-based Maverick Capital’s co-founder and CEO Lee Ainslie is of "Tiger Cub" fame, trained early in his career by the incomparable Julian Robertson of Tiger Management. Running the hedge fund since 1993, Ainslie’s recently updated portfolio lists 58 stocks, 19 of them new, with a total value of $7.7 billion and a quarter-over-quarter turnover of 40%. According to GuruFocus research, Guru Lee Ainslie sold out holdings in 20 companies in the first quarter of 2013. These five sell-out trades, as of March 31, 2013, made the heaviest impact on his portfolio.

    Sold Out: Avago Technologies Ltd. (AVGO) – Semiconductors  


  • Lee Ainslie of Maverick Capital’s Top 5 Buys in Stellar Year

    Lee Ainslie, founder of Dallas-based Maverick Capital, is rebounding nicely from last year’s almost 15% loss – his second down year in 16, and a year in which global hedge funds lost 8.87% on average. His biggest fund gained 20% through July, according to Bloomberg.

    Ainslie founded Maverick in 1993 with $38 million, after working at Julian Robertson’s Tiger Management Corp., qualifying him along with the rest of the firm’s alumni as a “tiger cub.” Now, Ainslie’s firm has about $9 billion in assets under management.  


  • Lee Ainslie’s Best-Performing Stocks

    Lee Ainslie is known to be a fairly straightforward kind of guy; he likes to keep his investing nice and simple. This has certainly been the trend with some of his biggest holdings.

    One investment that Ainslie will be sleeping soundly over is Dollar General Corporation (DG). Dollar General Corporation is having a great year and their wins in the market match their success in business. A U.S.- based store chain, it could be said Dollar General has partially monopolized the variety store market. Trading in over 40 U.S. states, Dollar General Corp. operates over 10,000 stores. A far stretch from their humble beginnings as a single store in Kentucky in the '50s, Dollar General’s can now be found in strip malls and neighborhoods all over the U.S. Ainslie might not be concerned about their history, but one thing he will be watching is their future. Dollar General Corporation is currently up 60% overall for the past year.  


  • Maverick Capital's Ainslie Q2 2011 porfolio snapshot and investment ideas: C, JPM, MRVL, GLW, AAPL, QCOM

    Founder and CEO of Dallas-based Maverick Capital, Lee Ainslie, started Maverick Capital back in 1993 with $38 million. Nowadays, the fund is worth $10 billion. Ainslie also learned from legendary great Julian Robertson at Tiger Management, Ainslie has averaged more than 13% a year from 1995 to 2009. In the market crash of 2008, his fund lost about 30%.

      


  • Hedge Fund Maverick Capital Reports Q2 Picks

    Hedge fund Maverick Capital of Lee Ainslie buys Citigroup Inc., First Solar Inc., Youku.com, Oracle Corp., Banco Santander, etc., during the 3-months ended 06/30/2011, according to the most recent filings of his investment company, Maverick Capital. As of 06/30/2011, Maverick Capital owns 69 stocks with a total value of $10.4 billion. These are the details of the buys and sells.

    Maverick Capital is a hedge fund located in GuruFocus’ own Dallas metroplex. Led by Lee Ainslie, this fund has been in operation since its inception in 1993. The firm just reported its Q1 portfolio. As of 03/31/2011, Maverick Capital owns 72 stocks with a total value of $9.5 billion. These are the details of the buys and sells.  


  • Lee Ainslie Victimized by Alleged Chinese Fraud Stock

    Lee Ainslie has reportedly lost a small fortune on Longtop Financial Technologies (LFT). Longtop's auditors, a big four accounting firm, Deloitte Touche, has resigned due to accounting irregularities.

    The stock hasn't traded since May 16 when it was $19/share. At that price the company was worth over $1 billion. At the beginning of the year, the stock was changing hands at over $40/share with a $2 billion market cap.  


  • Hedge Fund Maverick Capital Reports Q1 Picks

    Maverick Capital is a hedge fund located in GuruFocus’s own Dallas metroplex. Led by Lee Ainslie, this fund has been in operation since its inception in 1993. The firm just reported its Q1 portfolio. As of 03/31/2011, Maverick Capital owns 72 stocks with a total value of $9.5 billion. These are the details of the buys and sells.

    Lee Ainslie earned his bachelor’s degree in system engineering from The University of Virginia, and his MBA from the University of North Carolina. Ainslie was recruited at UNC to work for legendary hedge fund manager Julian Robertson in 1990. In addition to his hedge fund duties, Ainslie serves as the vice-chairman of the Robin Hood Foundation, and on the board of trustees for several organizations such as the Green Vale School.  


  • Maverick Capital and Lee Ainslie's Top Stocks: GLW, MRVL, C, AAPL, JPM

    Maverick Capital is a hedge fund located in GuruFocus’s own Dallas metroplex. Led by Lee Ainslie, this fund has been in operation since its inception in 1993. Lee Ainslie earned his bachelor’s degree in system engineering from The University of Virginia, and his MBA from the University of North Carolina. Ainslie was recruited at UNC to work for legendary hedge fund manager Julian Robertson in 1990. In addition to his hedge fund duties, Ainslie serves as the vice-chairman of the Robin Hood Foundation, and on the board of trustees for several organizations such as the Green Vale School.  


  • Maverick Capital Takes a Beating on FNSR

    Lee Ainslie and Maverick Capital have reportedly incurred large losses on their holdings of telecom equipment maker Finisar Corp (FNSR).

    FNSR is down 35% after forward guidance fell well short of investor expectations. FNSR is projecting Q4 EPS in a range between $0.31-0.35 on revenue of $235-250 million compared to analyst estimates of $0.48 on revenue of $268.55 million.  


  • Hedge Fund Maverick Capital Buys JPM, URBN, BLK, MCK, FNSR, CTSH, AVGO, Sells HPQ, EXPE, UNH, TYC

    Lee Ainslie at hedge fund Maverick Capital just reported his Q4 portfolio. As of 12/31/2010, Maverick Capital owns 76 stocks with a total value of $9.4 billion. These are the details of the buys and sells.

    Lee S. Ainslie III is the Managing Partner of Maverick Capital Management, LLC. Before starting Maverick in 1993, Mr. Ainslie was a Managing Director of Tiger Management Corporation. Mr. Ainslie serves as Vice Chairman of the Board of Directors of The Robin Hood Foundation, and also serves on the Board of the University of Virginia's Jefferson Scholars Foundation. Mr. Ainslie received a B.S. in Systems Engineering from the University of Virginia and an MBA from the University of North Carolina.  


  • Hedge Fund Maverick Capital Buys : HPQ, ANF, BBBY, GS, GR Sells QCOM, SWKS, ADBE, CTXS

    This is the Q3 portfolio update of hedge fund Maverick Capital. The fund is run by Lee Ainslie, former protégé of the great Julian Robertson.

    Running a long-short portfolio, Maverick had good performances until 2008, when it lost 26%. Maverick fund was up 9.35% through September this year, after rising 25% in 2009.  


  • Maverick Capital’s Lee Ainslie Publishes Quarterly Letter; Top Holding: QCOM, PFE, AAPL, GLW, MRVL, APOL

    The 3Q10 Letter of Lee Ainslie’s Maverick Capital is out, thanks to Jay of marketfolly.com.

    Maverick enjoyed a good third quarter, the flag ship Maverick Fund returned 11.6% for 3Q10, and 8.2% for YTD. What is more remarkable is the fund averaged a 14.1% since inception of March 1, 1995. Maverick Fund beat the S&P 500 Index hands down during the prospective periods. The firm’s levered fund performed even better.  


  • Lee Ainslie's Presentation From The Value Investing Congress

    I am lucky to be attending the Value Investing Congress. I took extensive notes on every speech and hope to post each one on GuruFocus over the next few days, in addition I will be posting a couple of interviews I plan on conducting. To follow my live updates from the Congress sign up for my Twitter alerts http://twitter.com/valuewalk

    Lee Ainslie spoke on the second day of the conference.  


  • Michael Dell to buy his own Company ?

    I've been watching the twitter updates from the Value Investing Congress being held today.  


  • Maverick Capital Buys Citigroup Inc., Adobe Systems, Citrix Systems, Sells Abercrombie & Fitch, Visa Inc., Berkshire Hathaway Inc.

    Hedge fund Maverick Capital just reported its second quarter holdings. The firm is run by Lee Ainslie. These are the details of buys and sells.

    Dallas based Maerick Capital was founded by Mr. Lee Ainslee in 1993. Also learned from legendary great Julian Robertson at Tiger Management, Mr. Ainslie has averaged more than 13% a year since from 1995 to 2009. In the market crash of 2008, his fund lost about 30%.  


  • Lee Ainsliee’s Top Purchases: CommScope Inc., DIRECTV Group Inc., Express Scripts Inc., Oracle Corp., Wells Fargo & Company

    (GuruFocus, February 25, 2010) I found this Mckinsey interview with Hedge Fund manager Lee Ainslie of Maverick. The interview happened in 2006, so read it by keeping that in mind.

    There is reason to believe that validity of this interview even though almost four years have passed since then. After working for Julian Robertson for a number of years, Lee Ainslie launched Maverick in 1993, long before the interview happened. His investment style has not changed.  


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