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An overview of Maverick Capital’s 3Q14 13F

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Maverick Capital’s 3Q14 positions

Maverick Capital initiated some new positions and sold some existing positions in 3Q14. The third quarter ended in September. In this series, we’ll go through some of the main positions that the fund traded during the quarter.

The value of the fund’s US long portfolio decreased slightly from $6.96 billion in 2Q14 to $6.83 billion in 3Q14.

Maverick Capital added new positions in CBS Corp. (CBS), Alibaba Group (BABA), and 21st Century Fox (FOXA). The fund’s top exits were Ralph Lauren Corp. (RL), Walgreen’s (WAG), and Ctrip.com (CTRP). The fund added to its stakes in Qihoo 360 Technology (QIHU), FleetCor Technologies (FLT), and AbbVie Inc. (ABBV). Its top stake decreases were in Baidu, Inc. (BIDU) and TransDigm Group (TDG).

To learn about Maverick Capital’s 13F filing in the second quarter, read Assessing 2Q14 positions of Lee Ainslie’s Maverick Capital.

The following chart lists the company’s top ten holdings.

 

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