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

gurufocus

gurufocus

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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.

As of 09/30/2010, Maverick Capital owns 71 stocks with a total value of $9.2 billion. These are the details of the buys and sells that have the impact to portfolio of more than .1%.

For the details of Lee Ainslie's stock buys and sells, go to http://www.gurufocus.com/StockBuy.php?GuruName=Lee+Ainslie

This is the sector weightings of his portfolio:

Technology 30.8%
Consumer Services 28.5%
Health Care 14.8%
Financials 10.3%
Industrials 7.4%
Consumer Goods 5.2%
Telecommunications 1%


These are the top 5 holdings of Lee Ainslie

  1. Apollo Group Inc. (APOL) - 7,674,685 shares, 4.28% of the total portfolio. Shares added by 2.55%
  2. HewlettPackard Company (HPQ) - 9,167,720 shares, 4.19% of the total portfolio. Shares added by 10000%
  3. Marvell Technology Group Ltd. (MRVL) - 21,693,708 shares, 4.13% of the total portfolio. Shares added by 5.42%
  4. Apple Inc. (AAPL) - 1,331,875 shares, 4.11% of the total portfolio. Shares added by 1.68%
  5. Corning Inc. (GLW) - 20,673,150 shares, 4.11% of the total portfolio. Shares added by 1.64%


Added: Google Inc. (GOOG)

Lee Ainslie added to his holdings in Google Inc. by 123.13%. His purchase prices were between $436.07 and $530.41, with an estimated average price of $482.21. The impact to his portfolio due to this purchase was 1.53%. His holdings were 485,429 shares as of 09/30/2010.

Added: Unitedhealth Group Inc. (UNH)

Lee Ainslie added to his holdings in Unitedhealth Group Inc. by 75.11%. His purchase prices were between $28.3 and $35.73, with an estimated average price of $32.34. The impact to his portfolio due to this purchase was 1.11%. His holdings were 6,788,388 shares as of 09/30/2010.

Added: Citigroup Inc. (C)

Lee Ainslie added to his holdings in Citigroup Inc. by 38.01%. His purchase prices were between $3.66 and $4.3, with an estimated average price of $3.94. The impact to his portfolio due to this purchase was 1%. His holdings were 85,378,710 shares as of 09/30/2010.

Added: Dollar General Corp. (DG)

Lee Ainslie added to his holdings in Dollar General Corp. by 83.53%. His purchase prices were between $27.31 and $30.1, with an estimated average price of $28.54. The impact to his portfolio due to this purchase was 0.85%. His holdings were 5,887,935 shares as of 09/30/2010.

Added: Directv Group Inc. The (DTV)

Lee Ainslie added to his holdings in Directv Group Inc. The by 29.81%. His purchase prices were between $33.64 and $41.99, with an estimated average price of $38.34. The impact to his portfolio due to this purchase was 0.59%. His holdings were 5,678,040 shares as of 09/30/2010.

Added: Teva Pharmaceutical Industries Ltd. (TEVA)

Lee Ainslie added to his holdings in Teva Pharmaceutical Industries Ltd. by 81.79%. His purchase prices were between $47.17 and $55.73, with an estimated average price of $52.1. The impact to his portfolio due to this purchase was 0.58%. His holdings were 2,262,238 shares as of 09/30/2010.

Added: Solarwinds Inc. (SWI)

Lee Ainslie added to his holdings in Solarwinds Inc. by 91.76%. His purchase prices were between $12.42 and $17.95, with an estimated average price of $15.58. The impact to his portfolio due to this purchase was 0.54%. His holdings were 5,992,657 shares as of 09/30/2010.

Added: Commscope Inc. (CTV)

Lee Ainslie added to his holdings in Commscope Inc. by 23.8%. His purchase prices were between $18.74 and $27.2, with an estimated average price of $22.36. The impact to his portfolio due to this purchase was 0.46%. His holdings were 9,342,313 shares as of 09/30/2010.

Added: Itron Inc. (ITRI)

Lee Ainslie added to his holdings in Itron Inc. by 37.04%. His purchase prices were between $54 and $65.07, with an estimated average price of $59.25. The impact to his portfolio due to this purchase was 0.38%. His holdings were 2,084,203 shares as of 09/30/2010.

Added: Lender Processing (LPS)

Lee Ainslie added to his holdings in Lender Processing by 26.23%. His purchase prices were between $29.33 and $34.7, with an estimated average price of $32.01. The impact to his portfolio due to this purchase was 0.33%. His holdings were 4,372,703 shares as of 09/30/2010.

Added: Comcast Corp. Special (CMCSK)

Lee Ainslie added to his holdings in Comcast Corp. Special by 23.18%. His purchase prices were between $15.98 and $18.49, with an estimated average price of $17.2. The impact to his portfolio due to this purchase was 0.33%. His holdings were 9,510,830 shares as of 09/30/2010.

Added: Ironwood Pharmaceuticals Inc. (IRWD)

Lee Ainslie added to his holdings in Ironwood Pharmaceuticals Inc. by 309.79%. His purchase prices were between $9.1 and $12.93, with an estimated average price of $10.46. The impact to his portfolio due to this purchase was 0.3%. His holdings were 3,647,124 shares as of 09/30/2010.

Added: Lm Ericsson Telephone Company (ERIC)

Lee Ainslie added to his holdings in Lm Ericsson Telephone Company by 21.59%. His purchase prices were between $9.63 and $12.14, with an estimated average price of $10.85. The impact to his portfolio due to this purchase was 0.22%. His holdings were 10,403,427 shares as of 09/30/2010.

Added: Marvell Technology Group Ltd. (MRVL)

Lee Ainslie added to his holdings in Marvell Technology Group Ltd. by 5.42%. His purchase prices were between $14.51 and $17.91, with an estimated average price of $16.35. The impact to his portfolio due to this purchase was 0.21%. His holdings were 21,693,708 shares as of 09/30/2010.

Added: Children's Place Retail Stores Inc. (PLCE)

Lee Ainslie added to his holdings in Children's Place Retail Stores Inc. by 18.33%. His purchase prices were between $40.27 and $49.86, with an estimated average price of $45.07. The impact to his portfolio due to this purchase was 0.2%. His holdings were 2,455,432 shares as of 09/30/2010.

Added: Expedia Inc. (EXPE)

Lee Ainslie added to his holdings in Expedia Inc. by 4.12%. His purchase prices were between $18.33 and $29.64, with an estimated average price of $23.7. The impact to his portfolio due to this purchase was 0.14%. His holdings were 11,630,915 shares as of 09/30/2010.

Added: Longtop Financial Technologies Ltd. (LFT)

Lee Ainslie added to his holdings in Longtop Financial Technologies Ltd. by 8.2%. His purchase prices were between $31.4 and $39.5, with an estimated average price of $34.9. The impact to his portfolio due to this purchase was 0.13%. His holdings were 3,912,267 shares as of 09/30/2010.

Added: Signet Group Plc (SIG)

Lee Ainslie added to his holdings in Signet Group Plc by 52.91%. His purchase prices were between $26.44 and $32.22, with an estimated average price of $28.95. The impact to his portfolio due to this purchase was 0.13%. His holdings were 1,062,249 shares as of 09/30/2010.

Added: The Progressive Corp. (PGR)

Lee Ainslie added to his holdings in The Progressive Corp. by 4.59%. His purchase prices were between $18.62 and $21.42, with an estimated average price of $20.02. The impact to his portfolio due to this purchase was 0.12%. His holdings were 12,007,515 shares as of 09/30/2010.

Added: Capella Education Company (CPLA)

Lee Ainslie added to his holdings in Capella Education Company by 21.35%. His purchase prices were between $59.79 and $94.5, with an estimated average price of $75.26. The impact to his portfolio due to this purchase was 0.11%. His holdings were 738,339 shares as of 09/30/2010.

Added: Apollo Group Inc. (APOL)

Lee Ainslie added to his holdings in Apollo Group Inc. by 2.55%. His purchase prices were between $38.94 and $51.66, with an estimated average price of $45.25. The impact to his portfolio due to this purchase was 0.11%. His holdings were 7,674,685 shares as of 09/30/2010.

New Purchase: Hewlettpackard Company (HPQ)

Lee Ainslie initiated holdings in Hewlettpackard Company. His purchase prices were between $38 and $47.57, with an estimated average price of $42.45. The impact to his portfolio due to this purchase was 4.19%. His holdings were 9,167,720 shares as of 09/30/2010.

New Purchase: Abercrombie & Fitch Co. (ANF)

Lee Ainslie initiated holdings in Abercrombie & Fitch Co.. His purchase prices were between $30.71 and $39.53, with an estimated average price of $36.25. The impact to his portfolio due to this purchase was 2.89%. His holdings were 6,772,788 shares as of 09/30/2010.

New Purchase: Bed Bath & Beyond Inc. (BBBY)

Lee Ainslie initiated holdings in Bed Bath & Beyond Inc.. His purchase prices were between $35.96 and $43.73, with an estimated average price of $38.82. The impact to his portfolio due to this purchase was 2.77%. His holdings were 5,870,192 shares as of 09/30/2010.

New Purchase: Goldman Sachs Group Inc. The (GS)

Lee Ainslie initiated holdings in Goldman Sachs Group Inc. The. His purchase prices were between $131.08 and $156.41, with an estimated average price of $146.49. The impact to his portfolio due to this purchase was 1.6%. His holdings were 1,016,095 shares as of 09/30/2010.

New Purchase: Goodrich Corp. (GR)

Lee Ainslie initiated holdings in Goodrich Corp.. His purchase prices were between $65.21 and $75.32, with an estimated average price of $71.12. The impact to his portfolio due to this purchase was 1.38%. His holdings were 1,725,637 shares as of 09/30/2010.

New Purchase: Cocacola Enterprises Inc. (CCE)

Lee Ainslie initiated holdings in Cocacola Enterprises Inc.. His purchase prices were between $26.03 and $31.08, with an estimated average price of $28.92. The impact to his portfolio due to this purchase was 1.37%. His holdings were 4,063,073 shares as of 09/30/2010.

New Purchase: Oracle Corp. (ORCL)

Lee Ainslie initiated holdings in Oracle Corp.. His purchase prices were between $21.83 and $27.491, with an estimated average price of $24.11. The impact to his portfolio due to this purchase was 1.33%. His holdings were 4,564,540 shares as of 09/30/2010.

New Purchase: Life Technologies Corporation (LIFE)

Lee Ainslie initiated holdings in Life Technologies Corporation. His purchase prices were between $42.4 and $48.4, with an estimated average price of $45.83. The impact to his portfolio due to this purchase was 1.33%. His holdings were 2,615,613 shares as of 09/30/2010.

New Purchase: Dell Inc. (DELL)

Lee Ainslie initiated holdings in Dell Inc.. His purchase prices were between $11.585 and $13.74, with an estimated average price of $12.62. The impact to his portfolio due to this purchase was 1.22%. His holdings were 8,667,012 shares as of 09/30/2010.

New Purchase: America Movil S.a.b. De C.v. (AMX)

Lee Ainslie initiated holdings in America Movil S.a.b. De C.v.. His purchase prices were between $46.18 and $53.2, with an estimated average price of $49.77. The impact to his portfolio due to this purchase was 0.96%. His holdings were 1,651,414 shares as of 09/30/2010.

New Purchase: Itau Unibanco Banco Multiplo S.a. (ITUB)

Lee Ainslie initiated holdings in Itau Unibanco Banco Multiplo S.a.. His purchase prices were between $19.2 and $23.55, with an estimated average price of $21.69. The impact to his portfolio due to this purchase was 0.69%. His holdings were 2,619,421 shares as of 09/30/2010.

New Purchase: Owens Corning (OC)

Lee Ainslie initiated holdings in Owens Corning. His purchase prices were between $23.71 and $32.68, with an estimated average price of $27.94. The impact to his portfolio due to this purchase was 0.49%. His holdings were 1,744,168 shares as of 09/30/2010.

New Purchase: Interactive Brokers Group Inc. (IBKR)

Lee Ainslie initiated holdings in Interactive Brokers Group Inc.. His purchase prices were between $15.97 and $18.09, with an estimated average price of $16.77. The impact to his portfolio due to this purchase was 0.28%. His holdings were 1,512,767 shares as of 09/30/2010.

New Purchase: Amdocs Ltd. (DOX)

Lee Ainslie initiated holdings in Amdocs Ltd.. His purchase prices were between $25.93 and $29.19, with an estimated average price of $27.42. The impact to his portfolio due to this purchase was 0.26%. His holdings were 850,722 shares as of 09/30/2010.

New Purchase: Kirkland's Inc. Commonstock (KIRK)

Lee Ainslie initiated holdings in Kirkland's Inc. Commonstock. His purchase prices were between $11.15 and $18.28, with an estimated average price of $14.92. The impact to his portfolio due to this purchase was 0.17%. His holdings were 1,103,628 shares as of 09/30/2010.

New Purchase: Saifun Semiconductors Ltd. (SFUN)

Lee Ainslie initiated holdings in Saifun Semiconductors Ltd.. His purchase prices were between $61.11 and $73.5, with an estimated average price of $67.25. The impact to his portfolio due to this purchase was 0.15%. His holdings were 207,040 shares as of 09/30/2010.

New Purchase: Hisoft Technology International Ltd. (HSFT)

Lee Ainslie initiated holdings in Hisoft Technology International Ltd.. His purchase prices were between $10.44 and $26.375, with an estimated average price of $15.64. The impact to his portfolio due to this purchase was 0.14%. His holdings were 529,672 shares as of 09/30/2010.

Reduced: Qualcomm Inc. (QCOM)

Lee Ainslie reduced to his holdings in Qualcomm Inc. by 88.49%. His sale prices were between $32.37 and $44.59, with an estimated average price of $39.06. The impact to his portfolio due to this sale was -4.38%. Lee Ainslie still held 1,166,401 shares as of 09/30/2010.

Reduced: Skyworks Solutions Inc. (SWKS)

Lee Ainslie reduced to his holdings in Skyworks Solutions Inc. by 73.37%. His sale prices were between $16.33 and $21.09, with an estimated average price of $18.24. The impact to his portfolio due to this sale was -2.12%. Lee Ainslie still held 3,449,786 shares as of 09/30/2010.

Reduced: Davita Inc. (DVA)

Lee Ainslie reduced to his holdings in Davita Inc. by 49.03%. His sale prices were between $56.83 and $68.95, with an estimated average price of $63. The impact to his portfolio due to this sale was -1.33%. Lee Ainslie still held 1,844,291 shares as of 09/30/2010.

Reduced: Vanceinfo Techonlogies Inc. (VIT)

Lee Ainslie reduced to his holdings in Vanceinfo Techonlogies Inc. by 94.16%. His sale prices were between $23.19 and $32.83, with an estimated average price of $27.57. The impact to his portfolio due to this sale was -1.29%. Lee Ainslie still held 230,717 shares as of 09/30/2010.

Reduced: Macy's Inc. (M)

Lee Ainslie reduced to his holdings in Macy's Inc. by 28.65%. His sale prices were between $17.16 and $23.17, with an estimated average price of $19.97. The impact to his portfolio due to this sale was -0.9%. Lee Ainslie still held 8,913,669 shares as of 09/30/2010.

Reduced: Family Dollar Stores Inc. (FDO)

Lee Ainslie reduced to his holdings in Family Dollar Stores Inc. by 31.24%. His sale prices were between $36 and $44.05, with an estimated average price of $41.45. The impact to his portfolio due to this sale was -0.64%. Lee Ainslie still held 2,923,458 shares as of 09/30/2010.

Reduced: Home Inns & Hotels Management Inc. (HMIN)

Lee Ainslie reduced to his holdings in Home Inns & Hotels Management Inc. by 26.46%. His sale prices were between $37.3 and $50.79, with an estimated average price of $43.62. The impact to his portfolio due to this sale was -0.28%. Lee Ainslie still held 1,444,703 shares as of 09/30/2010.

Sold Out: Adobe Systems Inc. (ADBE)

Lee Ainslie sold out his holdings in Adobe Systems Inc.. His sale prices were between $26.04 and $33.1099, with an estimated average price of $28.73.

Sold Out: Citrix Systems Inc. (CTXS)

Lee Ainslie sold out his holdings in Citrix Systems Inc.. His sale prices were between $42.11 and $71.06, with an estimated average price of $56.97.

Sold Out: Kohl's Corp. (KSS)

Lee Ainslie sold out his holdings in Kohl's Corp.. His sale prices were between $44.27 and $52.98, with an estimated average price of $48.4.

Sold Out: Viacom Inc. (VIA.B)

Lee Ainslie sold out his holdings in Viacom Inc.. His sale prices were between $30.77 and $36.52, with an estimated average price of $33.24.

Sold Out: Jpmorgan Chase & Co. (JPM)

Lee Ainslie sold out his holdings in Jpmorgan Chase & Co.. His sale prices were between $35.63 and $41.64, with an estimated average price of $39.01.

Sold Out: Covidien Ltd. (COV)

Lee Ainslie sold out his holdings in Covidien Ltd.. His sale prices were between $35.34 and $40.99, with an estimated average price of $38.52.

Sold Out: Bank Of Ny Mellon Cp (BK)

Lee Ainslie sold out his holdings in Bank Of Ny Mellon Cp. His sale prices were between $24.16 and $26.85, with an estimated average price of $25.46.

Sold Out: Whiting Petroleum Corp. (WLL)

Lee Ainslie sold out his holdings in Whiting Petroleum Corp.. His sale prices were between $74.31 and $96.88, with an estimated average price of $87.82.

Sold Out: Cvs Caremark Corp. (CVS)

Lee Ainslie sold out his holdings in Cvs Caremark Corp.. His sale prices were between $26.98 and $31.54, with an estimated average price of $29.55.

Sold Out: Express Scripts Inc. (ESRX)

Lee Ainslie sold out his holdings in Express Scripts Inc.. His sale prices were between $42.12 and $49.6, with an estimated average price of $45.84.

Sold Out: Toyota Motor Corp. (TM)

Lee Ainslie sold out his holdings in Toyota Motor Corp.. His sale prices were between $67.84 and $74.25, with an estimated average price of $70.78.

Sold Out: American Public Education, Inc. (APEI)

Lee Ainslie sold out his holdings in American Public Education, Inc.. His sale prices were between $24.56 and $46.03, with an estimated average price of $33.77.

Sold Out: Education Management Corp. (EDMC)

Lee Ainslie sold out his holdings in Education Management Corp.. His sale prices were between $8.06 and $18.49, with an estimated average price of $12.34.

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gurufocus
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