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Hedge Fund Maverick Capital Reports Q2 Picks

gurufocus

gurufocus

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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 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.

This is the portfolio chart of Lee Ainslie. You can click on the legend of the chart to show/hide buys, sells or holdings. Each ball on the chart represents a position in the portfolio. You can move your mouse on the balls to see the details of each position and click to see the details of all guru trades with this position.



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 27.8%
Consumer Services 20.3%
Not Assigned 17.5%
Financials 16.3%
Health Care 10%
Industrials 3.8%
Oil & Gas 2.8%
Telecommunications 1.5%
Consumer Goods 0.2%


These are the top 5 holdings of Lee Ainslie

  1. Citigroup Inc. (C) - 10,730,265 shares, 4.3072% of the total portfolio. Shares added by 10000%
  2. JP Morgan Chase (JPM) - 10,792,867 shares, 4.2595% of the total portfolio. Shares added by 80.45%
  3. Marvell Technology Group Ltd. (MRVL) - 29,710,907 shares, 4.2289% of the total portfolio. Shares added by 14.63%
  4. Corning Inc. (GLW) - 23,399,636 shares, 4.0941% of the total portfolio. Shares added by 19.79%
  5. QUALCOMM Inc. (QCOM) - 7,433,955 shares, 4.0697% of the total portfolio. Shares reduced by 4.9%


Added: Jp Morgan Chase (JPM)

Lee Ainslie added to his holdings in Jp Morgan Chase by 80.45%. His purchase prices were between $39.49 and $47.64, with an estimated average price of $43.33. The impact to his portfolio due to this purchase was 1.9%. His holdings were 10,792,867 shares as of 06/30/2011.

Added: Time Warner Cable Inc. (TWC)

Lee Ainslie added to his holdings in Time Warner Cable Inc. by 80.5%. His purchase prices were between $71.75 and $78.46, with an estimated average price of $75.31. The impact to his portfolio due to this purchase was 1.21%. His holdings were 3,609,068 shares as of 06/30/2011.

Added: Whiting Petroleum Corp. (WLL)

Lee Ainslie added to his holdings in Whiting Petroleum Corp. by 104.06%. His purchase prices were between $52.69 and $74.5, with an estimated average price of $64.21. The impact to his portfolio due to this purchase was 1.13%. His holdings were 4,048,653 shares as of 06/30/2011.

Added: Nii Holdings Inc (NIHD)

Lee Ainslie added to his holdings in Nii Holdings Inc by 305.55%. His purchase prices were between $38.73 and $44.06, with an estimated average price of $41.41. The impact to his portfolio due to this purchase was 1.12%. His holdings were 3,629,637 shares as of 06/30/2011.

Added: Trina Solar Ltd. (TSL)

Lee Ainslie added to his holdings in Trina Solar Ltd. by 134.9%. His purchase prices were between $19.11 and $29.81, with an estimated average price of $24.16. The impact to his portfolio due to this purchase was 0.95%. His holdings were 7,669,111 shares as of 06/30/2011.

Added: Apollo Group Inc. (APOL)

Lee Ainslie added to his holdings in Apollo Group Inc. by 28.85%. His purchase prices were between $38.68 and $46.9, with an estimated average price of $41.62. The impact to his portfolio due to this purchase was 0.9%. His holdings were 9,504,075 shares as of 06/30/2011.

Added: Urban Outfitters Inc. (URBN)

Lee Ainslie added to his holdings in Urban Outfitters Inc. by 39.89%. His purchase prices were between $28.27 and $33.1, with an estimated average price of $30.67. The impact to his portfolio due to this purchase was 0.76%. His holdings were 9,777,168 shares as of 06/30/2011.

Added: Corning Inc. (GLW)

Lee Ainslie added to his holdings in Corning Inc. by 19.79%. His purchase prices were between $17.37 and $21.08, with an estimated average price of $19.53. The impact to his portfolio due to this purchase was 0.68%. His holdings were 23,399,636 shares as of 06/30/2011.

Added: Marvell Technology Group Ltd. (MRVL)

Lee Ainslie added to his holdings in Marvell Technology Group Ltd. by 14.63%. His purchase prices were between $13.21 and $16.39, with an estimated average price of $14.95. The impact to his portfolio due to this purchase was 0.54%. His holdings were 29,710,907 shares as of 06/30/2011.

Added: Apple Inc. (AAPL)

Lee Ainslie added to his holdings in Apple Inc. by 4.23%. His purchase prices were between $315.32 and $353.009, with an estimated average price of $337.64. The impact to his portfolio due to this purchase was 0.16%. His holdings were 1,244,525 shares as of 06/30/2011.

Added: Wet Seal Inc. (WTSLA)

Lee Ainslie added to his holdings in Wet Seal Inc. by 104.34%. His purchase prices were between $3.85 and $4.91, with an estimated average price of $4.36. The impact to his portfolio due to this purchase was 0.14%. His holdings were 6,464,879 shares as of 06/30/2011.

Added: Hca Holdings (HCA)

Lee Ainslie added to his holdings in Hca Holdings by 7.83%. His purchase prices were between $31.4 and $35.24, with an estimated average price of $33.57. The impact to his portfolio due to this purchase was 0.11%. His holdings were 4,561,042 shares as of 06/30/2011.

Added: Signet Jewelers (SIG)

Lee Ainslie added to his holdings in Signet Jewelers by 30.81%. His purchase prices were between $40.45 and $46.5, with an estimated average price of $43.7. The impact to his portfolio due to this purchase was 0.1%. His holdings were 949,298 shares as of 06/30/2011.

Added: Royal Bank Of Scotland Group Plc Ads Series S (RBS.PS)

Lee Ainslie added to his holdings in Royal Bank Of Scotland Group Plc Ads Series S by 73.15%. His purchase prices were between $16.75 and $18.88, with an estimated average price of $18.02. The impact to his portfolio due to this purchase was 0.09%. His holdings were 1,211,588 shares as of 06/30/2011.

Added: Isoftstone Holdings (ISS)

Lee Ainslie added to his holdings in Isoftstone Holdings by 155.42%. His purchase prices were between $10.38 and $21.15, with an estimated average price of $16.53. The impact to his portfolio due to this purchase was 0.08%. His holdings were 881,038 shares as of 06/30/2011.

Added: Royal Bank Of Scotland Group Plc Ads Series M (RBS.PM)

Lee Ainslie added to his holdings in Royal Bank Of Scotland Group Plc Ads Series M by 104.94%. His purchase prices were between $16.55 and $18.8, with an estimated average price of $17.87. The impact to his portfolio due to this purchase was 0.05%. His holdings were 639,400 shares as of 06/30/2011.

Added: Royal Bank Of Scotland Ads Pfd. Q (RBS.PQ)

Lee Ainslie added to his holdings in Royal Bank Of Scotland Ads Pfd. Q by 40.08%. His purchase prices were between $16.8699 and $19.4, with an estimated average price of $18.33. The impact to his portfolio due to this purchase was 0.03%. His holdings were 714,402 shares as of 06/30/2011.

Added: Hisoft Technology International Ltd. (HSFT)

Lee Ainslie added to his holdings in Hisoft Technology International Ltd. by 22.18%. His purchase prices were between $12.55 and $20.55, with an estimated average price of $16.54. The impact to his portfolio due to this purchase was 0.02%. His holdings were 649,160 shares as of 06/30/2011.

New Purchase: Citigroup Inc. (C)

Lee Ainslie initiated holdings in Citigroup Inc.. His purchase prices were between $36.81 and $45.9, with an estimated average price of $41.99. The impact to his portfolio due to this purchase was 4.31%. His holdings were 10,730,265 shares as of 06/30/2011.

New Purchase: First Solar Inc. (FSLR)

Lee Ainslie initiated holdings in First Solar Inc.. His purchase prices were between $114.06 and $160.4, with an estimated average price of $129.39. The impact to his portfolio due to this purchase was 3.14%. His holdings were 2,460,547 shares as of 06/30/2011.

New Purchase: Youku.com (YOKU)

Lee Ainslie initiated holdings in Youku.com. His purchase prices were between $26.25 and $67.27, with an estimated average price of $46.14. The impact to his portfolio due to this purchase was 2.91%. His holdings were 8,796,898 shares as of 06/30/2011.

New Purchase: Oracle Corp. (ORCL)

Lee Ainslie initiated holdings in Oracle Corp.. His purchase prices were between $30.8 and $36.37, with an estimated average price of $33.53. The impact to his portfolio due to this purchase was 2.69%. His holdings were 8,467,361 shares as of 06/30/2011.

New Purchase: Banco Santander Brazil S.a. Ads (BSBR)

Lee Ainslie initiated holdings in Banco Santander Brazil S.a. Ads. His purchase prices were between $10.65 and $12.35, with an estimated average price of $11.27. The impact to his portfolio due to this purchase was 2.58%. His holdings were 22,879,826 shares as of 06/30/2011.

New Purchase: Itau Unibanco Holding S.a. Ads (ITUB)

Lee Ainslie initiated holdings in Itau Unibanco Holding S.a. Ads. His purchase prices were between $21.28 and $24.55, with an estimated average price of $22.85. The impact to his portfolio due to this purchase was 2.36%. His holdings were 10,387,100 shares as of 06/30/2011.

New Purchase: Texas Instruments Inc. (TXN)

Lee Ainslie initiated holdings in Texas Instruments Inc.. His purchase prices were between $31.24 and $35.9, with an estimated average price of $34.01. The impact to his portfolio due to this purchase was 1.36%. His holdings were 4,288,685 shares as of 06/30/2011.

New Purchase: News Corp. (NWSA)

Lee Ainslie initiated holdings in News Corp.. His purchase prices were between $16.05 and $18.34, with an estimated average price of $17.23. The impact to his portfolio due to this purchase was 1.35%. His holdings were 7,892,900 shares as of 06/30/2011.

New Purchase: Yahoo! Inc. (YHOO)

Lee Ainslie initiated holdings in Yahoo! Inc.. His purchase prices were between $14.695 and $18.65, with an estimated average price of $16.33. The impact to his portfolio due to this purchase was 0.84%. His holdings were 5,816,138 shares as of 06/30/2011.

New Purchase: Citigroup Inc. (C.PH)

Lee Ainslie initiated holdings in Citigroup Inc.. His purchase prices were between $110.71 and $131.98, with an estimated average price of $121.67. The impact to his portfolio due to this purchase was 0.5%. His holdings were 430,000 shares as of 06/30/2011.

New Purchase: Eaton Corp. (ETN)

Lee Ainslie initiated holdings in Eaton Corp.. His purchase prices were between $45.81 and $55.91, with an estimated average price of $50.91. The impact to his portfolio due to this purchase was 0.49%. His holdings were 997,815 shares as of 06/30/2011.

New Purchase: Etfs Physical Platinum (PPLT)

Lee Ainslie initiated holdings in Etfs Physical Platinum. His purchase prices were between $166.12 and $185.87, with an estimated average price of $177.02. The impact to his portfolio due to this purchase was 0.48%. His holdings were 288,500 shares as of 06/30/2011.

New Purchase: Arcos Dorados Holdings (ARCO)

Lee Ainslie initiated holdings in Arcos Dorados Holdings. His purchase prices were between $20.15 and $24.73, with an estimated average price of $22.02. The impact to his portfolio due to this purchase was 0.45%. His holdings were 2,205,793 shares as of 06/30/2011.

New Purchase: Etfs Physical Palladium (PALL)

Lee Ainslie initiated holdings in Etfs Physical Palladium. His purchase prices were between $70.16 and $81.115, with an estimated average price of $75.32. The impact to his portfolio due to this purchase was 0.33%. His holdings were 455,800 shares as of 06/30/2011.

New Purchase: Royal Bank Of Scotland Group Plc Ads Series N (RBS.PN)

Lee Ainslie initiated holdings in Royal Bank Of Scotland Group Plc Ads Series N. His purchase prices were between $16.5 and $18.82, with an estimated average price of $17.84. The impact to his portfolio due to this purchase was 0.03%. His holdings were 168,700 shares as of 06/30/2011.

Reduced: Goodrich Corp. (GR)

Lee Ainslie reduced to his holdings in Goodrich Corp. by 37.11%. His sale prices were between $83.59 and $94.63, with an estimated average price of $88.17. The impact to his portfolio due to this sale was -1.09%. Lee Ainslie still held 2,059,117 shares as of 06/30/2011.

Reduced: Thoratec Corp. (THOR)

Lee Ainslie reduced to his holdings in Thoratec Corp. by 68.97%. His sale prices were between $26.42 and $35.7, with an estimated average price of $31.36. The impact to his portfolio due to this sale was -1.01%. Lee Ainslie still held 1,661,138 shares as of 06/30/2011.

Reduced: Solarwinds (SWI)

Lee Ainslie reduced to his holdings in Solarwinds by 34.58%. His sale prices were between $22.79 and $26.16, with an estimated average price of $24.2. The impact to his portfolio due to this sale was -0.54%. Lee Ainslie still held 4,119,161 shares as of 06/30/2011.

Reduced: 7 Days Group Holdings Ltd (SVN)

Lee Ainslie reduced to his holdings in 7 Days Group Holdings Ltd by 63.85%. His sale prices were between $16.18 and $22.98, with an estimated average price of $20.15. The impact to his portfolio due to this sale was -0.2%. Lee Ainslie still held 538,521 shares as of 06/30/2011.

Reduced: Ironwood Pharmaceuticals Inc. (IRWD)

Lee Ainslie reduced to his holdings in Ironwood Pharmaceuticals Inc. by 35.91%. His sale prices were between $14.02 and $16.4, with an estimated average price of $15.1. The impact to his portfolio due to this sale was -0.18%. Lee Ainslie still held 2,171,197 shares as of 06/30/2011.

Reduced: Soufun Holdings (SFUN)

Lee Ainslie reduced to his holdings in Soufun Holdings by 49.09%. His sale prices were between $15.39 and $26.94, with an estimated average price of $20.97. The impact to his portfolio due to this sale was -0.1%. Lee Ainslie still held 531,465 shares as of 06/30/2011.

Sold Out: Google Inc. (GOOG)

Lee Ainslie sold out his holdings in Google Inc.. His sale prices were between $474.88 and $591.8, with an estimated average price of $527.63.

Sold Out: Mckesson Corp. (MCK)

Lee Ainslie sold out his holdings in Mckesson Corp.. His sale prices were between $77.6 and $86.88, with an estimated average price of $82.94.

Sold Out: Wells Fargo & Co. (WFC)

Lee Ainslie sold out his holdings in Wells Fargo & Co.. His sale prices were between $25.36 and $32.4, with an estimated average price of $28.41.

Sold Out: Cognizant Technology Solutions Corp. (CTSH)

Lee Ainslie sold out his holdings in Cognizant Technology Solutions Corp.. His sale prices were between $65.54 and $82.9, with an estimated average price of $76.02.

Sold Out: Davita Inc. (DVA)

Lee Ainslie sold out his holdings in Davita Inc.. His sale prices were between $82.7 and $88.18, with an estimated average price of $85.35.

Sold Out: Stanley Works (SWK)

Lee Ainslie sold out his holdings in Stanley Works. His sale prices were between $66.72 and $77.29, with an estimated average price of $72.72.

Sold Out: Dollar Tree Inc. (DLTR)

Lee Ainslie sold out his holdings in Dollar Tree Inc.. His sale prices were between $55.69 and $67.16, with an estimated average price of $60.52.

Sold Out: Capital One Financial Corp. (COF)

Lee Ainslie sold out his holdings in Capital One Financial Corp.. His sale prices were between $47.87 and $56.21, with an estimated average price of $52.07.

Sold Out: The Goldman Sachs Group Inc. (GS)

Lee Ainslie sold out his holdings in The Goldman Sachs Group Inc.. His sale prices were between $129.26 and $161.89, with an estimated average price of $144.

Sold Out: Teva Pharmaceutical Industries Ltd. (TEVA)

Lee Ainslie sold out his holdings in Teva Pharmaceutical Industries Ltd.. His sale prices were between $45.01 and $50.9, with an estimated average price of $48.68.

Sold Out: Lm Ericsson Telephone Company (ERIC)

Lee Ainslie sold out his holdings in Lm Ericsson Telephone Company. His sale prices were between $12.18 and $15.38, with an estimated average price of $14.06.

Sold Out: Cardiovascular Systems Inc. (CSII)

Lee Ainslie sold out his holdings in Cardiovascular Systems Inc.. His sale prices were between $10.59 and $15.43, with an estimated average price of $12.78.

Sold Out: Medidata Solutions Inc. (MDSO)

Lee Ainslie sold out his holdings in Medidata Solutions Inc.. His sale prices were between $21.4 and $26.12, with an estimated average price of $23.88.

Sold Out: Fxcm (FXCM)

Lee Ainslie sold out his holdings in Fxcm. His sale prices were between $8.96 and $14.03, with an estimated average price of $11.2.

Sold Out: Interactive Brokers Group Inc. (IBKR)

Lee Ainslie sold out his holdings in Interactive Brokers Group Inc.. His sale prices were between $15.17 and $17.64, with an estimated average price of $16.48.

Sold Out: Royal Bank Of Scotland Group Plc Ads Series L (RBS.PL)

Lee Ainslie sold out his holdings in Royal Bank Of Scotland Group Plc Ads Series L. His sale prices were between $17.7401 and $19.4, with an estimated average price of $18.89.

Sold Out: Avago Technologies Ltd. (AVGO)

Lee Ainslie sold out his holdings in Avago Technologies Ltd.. His sale prices were between $30.6 and $37.71, with an estimated average price of $33.59.

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gurufocus
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