Lee Ainslie

Last Update: 08-14-2015

Number of Stocks: 122
Number of New Stocks: 22

Total Value: $6,550 Mil
Q/Q Turnover: 25%

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

Lee Ainslie Watch

  • Lee Ainslie Adds to Stake in Allergan

    Lee Ainslie (Trades, Portfolio), founder and CEO of Dallas-based Maverick Capital Ltd., consults Maverick’s six industry sector heads before reaching conclusions on stocks. Their insights have helped Maverick Capital grow from $38 million when it was founded in 1993 to $10 billion today.

    Ainslie’s most significant second-quarter transaction was his acquisition of 1,143,372 shares of Allergan PLC (NYSE:AGN), a pharmaceutical company with offices in Ireland and New Jersey. Ainslie paid an average price of $298.2 per share. The deal had a 5.3% impact on his portfolio and more than tripled Ainslie’s stake in Allergan.


  • Hedge Fund Managers Lee Ainslie, Marc Lasry and Josh Freeman Discuss Portfolio Construction

    Question: When doing investment analysis, do you consider how long a company will be in bankruptcy?

    Marc Lasry: Yes. Our hardest task at Avenue Capital Group is to try to figure out how long a company will be in bankruptcy. We are trying to decide whether we want to invest at the beginning, middle, or end of the process. The time value of the investment affects the return the most. We have experienced situations in which we think the company will be in bankruptcy proceedings for one year, but it turns out to be a five-year bankruptcy because of the number of appeals. If that time in bankruptcy is longer than we expected, our return can suffer.


  • Delta Air Lines: A Nice Bet for the Remainder of 2015

    Delta Air Lines Inc. (NYSE:DAL) reported Q2 2015 earnings (on an adjusted basis) of $1.27 per share, beating analyst´s estimates of $1.23. Further, higher-than-expected revenues contributed to that earning´s beat. The company reported quarterly revenues of $10.71 billion, beating estimates of $10.63 billion, with growth of 0.75% year-over-year.

    When looking at the bottom-line, net income of $1.48 billion for the quarter increased by 85% year over year, along with diluted earnings per share of $1.83. The airliner benefited from low fuel costs that will probably continue in the next months, with an expectation of fuel costs per gallon ranging from $1.90 to $2.00. This view is also shared by the CEO who said, "significant fuel savings in the September quarter should allow us to produce another record quarter with more than 30% EPS growth," said CEO Richard H. Anderson. We must mention that if we include special items, Delta’s earnings came in at $1.83 per share.


  • Southwest Airlines Looks Attractive Despite Recent Investigation

    In this article, let's take a look at Southwest Airlines Co. (NYSE:LUV), a $21.73 billion market cap company, which is a major passenger airline that provides scheduled air transportation in the U.S. Some of the largest publically traded companies in the industry include Delta Air Lines (NYSE:DAL), United Continental Holdings (NYSE:UAL), US Airways Group (NYSE:LCC), JetBlue Airways (NASDAQ:JBLU), and SkyWest (NASDAQ:SKYW).

    Drivers and Expectations


  • Why I Still Consider Kroger as a Buy Recommendation

    In this article, let's take a look at the supermarket operator Kroger Co (NYSE:KR) and try to explain if this is an appealing investment opportunity or not, when shares of the company are trading nearly its 52-week high. Shares of the firm closed yesterday at $73.11, amassing a year-to-date return of 13.6%, which I consider attractive when compared to a market benchmark such as the SPDR S&P 500 ETF (SPY). Further, the past September I wrote an article recommending the stock, and I think it has done pretty good, with a 42% return in the period.

    Company’s competitive environment


  • FedEx Is a Long-Term Buy

    In this article let's take a look at FedEx Corporation (NYSE:FDX), the leader in global express delivery services, which provides guaranteed domestic and international air express, residential and business ground package delivery, heavy freight and logistics services.

    Although revenue increased, when compared to the same quarter one year before, it was below the forecast. Also, the company reported weaker earnings than expected from analyst estimates. Earnings of $2.66 per share missed estimates of $2.68. Among the reasons we found were the currency translation and the falling fuel surcharges. After the earnings were released, the stock price plummeted by 3% to $176. In what we consider a five-year period, EPS has grown by 14% annually.


  • Ken Heebner's stocks trading with low P/E

    Ken Heebner (Trades, Portfolio) is the co-founder of Capital Growth Management, which is a privately owned investment manager. It was founded in 1990 and is based in Boston and the firm invests in the public equity markets of the United States. The firm provides its services to charitable organizations, pension and profit sharing plans, investment companies, and high net worth individuals.

    His portfolio is composed of 67 stocks and 33 of them are new stock bought during the last quarter. The total value of the portfolio is now $3,656 million and the following are the stocks that are trading with lowest P/E ratio and may be attractive for other investors.


  • Lee Ainslie's Undervalued Stocks With Growing Earnings

    Lee Ainslie (Trades, Portfolio) is founder and CEO of Dallas-based Maverick Capital. He started Maverick Capital back in 1993 with $38 million. During the last quarter he bought 90 new stocks reaching a total of 119 stock and a total value of $6,214 Mil.

    According to the overall rank of GuruFocus All-In-One Screeners, Allstate Corp (ALL), AmTrust Financial Services Inc (AFSI) and Alleghany Corp (Y) are the most undervalued companies with the most growing EPS during the last 5 years


  • Lee Ainslie's Most Heavily Weighted Trades in Q1 2015

    Founder and CEO of Dallas based Maverick Capital, Lee Ainslie (Trades, Portfolio) started Maverick Capital back in 1993 with $38 million. Today, the portfolio is worth $6,214 Mil.

    According to his latest buys’ page, during the Q1 of 2015 he bought 90 new stocks; the following stocks are the ones that had the biggest impact on his portfolio.


  • Larry Robbins' Top Growth Stocks

    Glenview Capital Management, founded in 2000 by Larry Robbins (Trades, Portfolio), is a privately held investment management firm. In its 14th year of operation, Glenview manages approximately $7.4B of assets split between two products: the Glenview Funds (long/short) and the Glenview Opportunity Funds (concentrated, opportunistic). Since inception, the compounded annualized rates of return for the Glenview and GO Funds are approximately 15% and 25%, respectively (through January 2014). Glenview is focused on delivering attractive absolute returns through an intense focus on deep fundamental research and individual security selection. Their investments are primarily focused on the US, with a smaller amount of exposure in Western Europe.  

  • Guru Lee Ainslie Buys Stake in Google in Fourth Quarter

    Guru Lee Ainslie (Trades, Portfolio)’s quarterly investment activity is worth observing.

    Ainslie founded Dallas-based Maverick Capital with $38 million in 1993. Today, it is worth $10 billion. He also learned from Julian Robertson (Trades, Portfolio) at Tiger Management so he has plenty of knowledge and experience. In addition to that, though, he has the input of six industry experts employed at Maverick Capital with whom he consults on a daily basis.


  • Matthews Pacific Tiger Fund Purchases Yum! Brands During Q4

    The Matthews Pacific Tiger Fund (Trades, Portfolio) invests at least 80% of its total assets in the Asia region except Japan. As of Dec. 31, the fund had $8.1 billion in assets under management.

    The fund’s portfolio manager is Sharat Shroff, who joined Matthews in 2005 as a research analyst. Shroff also co-manages Matthews’ India, Asia Growth and Asia Focus strategies.


  • Why Soros, Burbank and Cohen Bought this Fairly Valued Stock

    In this article, let's take a look at Anheuser-Busch InBev SA/NV(NYSE:BUD), a $184.78 billion market cap company that is a brewing company and manages a portfolio of over 200 brands of beer.

    Good dividend yield


  • 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%.


  • Investors Could Triple Their Investments in AbbVie

    In this article, let´s consider AbbVie Inc. (NYSE:ABBV), a $97.38 billion market cap company that is a global research-based pharmaceuticals business that emerged as a separate entity following its spin-off from Abbott Laboratories.

    Key drivers


  • Stocks Both Insiders and Gurus Are Buying

    The rule of thumb to only invest in companies you understand is one that shouldn’t be ignored. When an investor is familiar with a company or industry, there’s no better way to solidify the choice than to see whether shares are bought by those who understand the company best — the CEO, CFO and other executives, otherwise known as insiders.

    Using GuruFocus’ All-in-One Screener, I searched for stocks whose insiders have bought at least 10,000 shares, and have at least one guru who has purchased shares in the past two weeks.


  • Caxton Associates Bought this Stock

    In this article, let´s consider Anheuser-Busch InBev SA/NV (NYSE:BUD), a $180.02 billion market cap. which has a trailing P/E ratio that indicates that the stock is relatively undervalued (PE 21.9x vs Industry Median 24.8x).

    So in this article, let's take a look at a model which is applicable to stable, mature, dividend-paying firms and try to find the intrinsic value of the stock. Although the model has a number of characteristics that make it useful and appropriate for many applications, it is by no means the be-all and end-all for valuation. The purpose is to force investors to evaluate different assumptions about growth and future prospects.


  • I Am Sure This Pharma-Company Suits Your Portfolio

    In this article, let's take a look at AbbVie Inc. (NYSE:ABBV), a $15.85 billion market cap company, which is a global research-based pharmaceuticals business that emerged as a separate entity following its spin-off from Abbott Laboratories.



  • Why Ralph Lauren Should Be In Your Portfolio?

    In this article, let's take a look at Ralph Lauren Corporation (NYSE:RL), a $13.87 billion market cap company, which designs, markets and distributes men's and women's apparel, accessories, fine watches and jewelry as well as other premium lifestyle products.

    Reasons to Buy


  • 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 (NYSE: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. (NASDAQ: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


  • Rising Yields: Bet on Life Insurance Companies

    Generally speaking, life insurance companies have the sixth highest dividend yield of any sector and, unlike other high yielding sectors (think telecoms), they count on a high dividend cover and a low payout ratio. With interest rates poised to raise in 2014, this could be a good moment to start looking at life insurance companies a possible investment idea — higher bond yields and steeper yield curves are a positive for life companies.

    Besides, life insurance companies trade at similar multiples of book value to banks but, on average, they offer superior returns on equity as well as lower regulatory, political and taxation risks. On top of all what was just mentioned, earnings revisions remain very strong but overall analyst's sentiment towards the sector is not yet as positive as It should be expected. Here I take a look at Metlife (NYSE:MET), which one of the many American insurance companies that should largely benefit from rising bond yields into 2014.


  • Weekly CEO Buys Highlight: OPK, PACB, CUBI, ARCP, RLYP

    According to GuruFocus Insider Data, these are the largest CEO buys during the past week. The overall trend of CEOs is illustrated in the chart below:


  • 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 (NYSE: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.  

  • Why Beer Could Be the Answer Many Were Looking For

    The beer brewing industry is getting tougher in developed nations as regulations and heavy taxation take their toll on profitability. Hence, firms such as Heineken (HEINY) and Anheuser-Busch InBev (NYSE:BUD) look increasingly to emerging nations, in an attempt to increase their margins. However, these companies have different trajectories and strategies, which will set them apart in the coming years.

    [b]Expansion into Emerging Markets  

  • 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. (NASDAQ:AVGO) – Semiconductors  

  • Weekly 3-Year Low Highlights: EXPD, ACH, SLT, JCP, MTL

    According to GuruFocus list of three-year lows: Expeditors International of Washington Inc., Aluminum Corporation of China Limited, Sterlite Industries, JC Penney Co. Inc. and Mechel OAO have all recently reached their three year lows.

    Expeditors International of Washington Inc. (NASDAQ:EXPD) Reached the Three-Year Low of $35.37  

  • Guru Early Movers for Monday February 4, 2013

    Markets are under pressure this morning as they try to continue to rally. Specifically, the DOW is meeting some resistance as it tries to move above 14,000 which would complete a 100% move from the lows of the financial crisis.

    Companies will continue to report earnings and give a better picture as to which sectors of the economy are performing well and how certain economies such as China are going to perform in 2013. For example, United Technologies (NYSE:UTX) mentioned that Asian sales will rise 7% to 8% over the next 10 years on demand for elevators and air conditioners that will go into new skyscrapers. At the same time, UTX declared a dividend of $0.53 per share, bringing its forward yield to 2.38%.  

  • Weekly Guru Bargains Highlights: RenRen, Rovi Corp, Advanced Micro Devices, New Oriental Education & Tech Group, Alexander & Baldwin

    According to GuruFocus updates, these stocks have declined the most since Gurus have bought.

    Renren Inc. (NYSE:RENN): Down 30% Since Lee Ainslie Bought in the Quarter Ended on 2012-06-30  

  • 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.  

  • CEO of JPMorgan James Dimon Buys 500,000 Shares

    Chairman & CEO of JPMorgan Chase & Co. (NYSE:JPM) James Dimon bought 500,000 shares on 07/20/2012 at an average price of $34.22. The total transaction amount is $17,110,001. JPMorgan Chase & Co. is a global financial services firm. JPMorgan Chase & Co. has a market cap of $129.05 billion; its shares were traded at around $34.4 with a P/E ratio of 7.6 and P/S ratio of 1.3. The dividend yield of JPMorgan Chase & Co. stocks is 3.5%.

    Aside from CEO James Dimon’s purchase of 500,000 shares, other insiders have decreased their positions in the company recently. Chief Administrative Officer Frank Bisignano purchased a total of 18,000 shares within the past three months, while the executive vice president sold 49,000 shares of the company in April 2012.  

  • 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 (NYSE: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.  

  • H&R Block Inc. CFO Gregory Macfarlane Buys 6,300 Shares

    CFO of H&R Block Inc. (NYSE:HRB) Gregory J. Macfarlane bought 6,300 shares on 07/09/2012 at an average price of $16.05. The total transaction amount is $101,115. H&R Block Inc. is a diversified company involved in tax return preparation,electronic filing of income tax returns and other tax-related services. H&R Block Inc. has a market cap of $4.43 billion; its shares were traded at around $16.11 with a P/E ratio of 13.1 and P/S ratio of 1.5. The dividend yield of H&R Block Inc. stocks is 5%.

    CFO Gregory Macfarlane has not made any other recent trades in the company. However, another insider, Director Paul Brown, also bought 1,200 shares of the company at an average price of $16.01. The price of the stock has increased by 0.62% since.  

  • Weekly Guru Bargains Highlights: YOKU, FMCN, VECO, ACH, AIXG

    According to GuruFocus updates, these stocks have declined the most since Gurus have bought.

    Youku (NYSE:YOKU): Down 23% Since Lee Ainslie Bought In the Quarter Ended on 2011-09-30  

  • A Combined Top-Yield Portfolio of Lee Ainslie, Mario Gabelli, Leon Cooperman, Wilbur Ross and Ron Baron

    Dividend stocks are, for long-term investments, those that provide stability and offer and opportunity to create a source of income. It is considered that they are safe and provide long-term success in the stock market. This type of stock usually provides profits to shareholders. Indeed, companies set a portion aside for such purpose.

    Unfortunately, they tend to be ignored by investors even when a portion of returns are due to the dividends. Dividends also act as cushions upon downturns.  

  • Guru Stocks Raising Dividends: M, DDR, OZRK, LTC, WSO

    This is the group of companies who raised their dividend during the week: Watsco Inc., LTC Properties Inc., Bank of the Ozarks, DDR Corp, and Macy's Inc.

    Macy's Inc. (NYSE:M)  

  • Wells Fargo - Is the best stock to get US financial exposure ?

    Wells Fargo & Company provides retail, commercial, and corporate banking services primarily in the United States. The company operates in three segments: Community Banking; Wholesale Banking; and Wealth, Brokerage, and Retirement. It widely operates through its branches.

    With the purchase of Wachovia, Wells Fargo has become a nationwide bank and was positioned itself among the top U.S. banks. The bank has $1.26 trillion in assets and 6,600 offices across the nation.  

  • Stocks You Can Buy Cheaper Than Michael Price, John Griffin and Lee Ainslie

    All hedge funds managers make mistakes. Even the best value managers could be prone to errors in valuation or could ignore big trends that could make their positions suffer big losses.

    I think that it could be a big opportunity to buy stocks at much cheaper valuations than super-value managers did. Of course, all these stocks deserve careful research before making the purchase. For example, In the beginning of 2009, I started to see that Gurus started accumulating tech stocks, even though they were going down in price. That was the starting point for me to analyze that the technological sector was ridiculously cheap in 2009, so I started buying MSFT, AAPL, QQQ, etc. I am analyzing four stocks at this moment from well respected managers that got my attention:  

  • 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.  

  • Thursday Value Overview

    A big rally today across the board as we heard another potential resolution with Greece, great news out of Morgan Stanley (NYSE:MS), and since denied rumors of a debt ceiling deal. I have a link to some Chuck Royce commentary, news from Lee Ainslie, an announcement of the merger between Express Scripts (NASDAQ:ESRX) and Medco (MHS), which actually may make sense, John Paulson comments to investors and some more skepticism on the debt deal.

    On the Twitter Feed today I received a link to small cap legend Chuck Royce’s most recent commentary from earlier this month. He talks about volatility in the past quarter, and how he doesn’t view it as surprising. Royce said today’s period reminds him of the 1970’s because of the length and the pessimistic economic mood. Most notably, he says that his firm’s meetings with company managers are decidedly more optimistic than headlines suggest. According to Guru Focus, Royce’s largest holdings are Unit Corp, Reliance Steel, and Pan American Silver.  

  • 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 (NASDAQ: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.  

  • For-Profit Education Stocks: While Shorted by Some, Attracted Value Investors

    The for-profit education providers in the US, such as Strayer Education, ITT Educational Services, Apollo Group Inc. (owner of the University of Phoenix), Devry, Corinthian Colleges, and Washington Post Co. (which owns Kaplan Inc.), may wish they have seen their worst days behind then. Caught between proposed tighter regulation and short sellers, you would not believe these kinds of performances in a year during which the overall market went up in middle teens:


  • 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.  

Add Notes, Comments

If you want to ask a question or report a bug, please create a support ticket.

User Comments

No comment yet

Get WordPress Plugins for easy affiliate links on Stock Tickers and Guru Names | Earn affiliate commissions by embedding GuruFocus Charts
GuruFocus Affiliate Program: Earn up to $400 per referral. ( Learn More)