Maverick Capital
In its 13F for Q4 2025 (holdings as of December 31, 2025, filed February 13, 2026), Lee Ainslie's Maverick Capital reported 178 stock positions worth $9.3 billion. Its top holding was Nvidia (NVDA) at 6.0% of the portfolio, followed by Microsoft (MSFT, 6.0%) and Amazon.com (AMZN, 5.9%). Compared with Q3 2025, it opened 63 new positions, sold out of 86, added to 60 and reduced 47. The biggest buy was a new position in Alphabet Class C (GOOG) and the biggest sale an exit from Kenvue (KVUE).
- Most Recent 13F
- Q2 2026
- Notable People
- Lee Ainslie
- Location
- DALLAS, TX
- CIK
- 0000934639
- Portfolio Value
- $9.3B (Q4 2025)
- SEC Filing
- 0000947871-26-000150 ↗ filed Feb 13, 2026
Holdings Value
Holdings 178 stocks · $9.3B
| NVDA Nvidia Corp. | 5.98% | 2,986,355 | $557.0M | Add +39.3% |
| MSFT Microsoft Corp. | 5.98% | 1,150,498 | $556.4M | Add +23.5% |
| AMZN Amazon.com Inc. | 5.91% | 2,382,650 | $550.0M | Add +6.5% |
| TSM Taiwan Semiconductor-SP ADR | 5.41% | 1,658,650 | $504.0M | Add +62.7% |
| GOOG Alphabet Inc. Class C | 3.85% | 1,141,503 | $358.2M | New |
| PM Philip Morris International | 3.75% | 2,177,027 | $349.2M | Add +34.2% |
| COF Capital One Financial Corp. | 3.38% | 1,296,397 | $314.2M | Add +19.6% |
| UNP Union Pacific Corp. | 3.26% | 1,313,207 | $303.8M | Add +17.7% |
| AMAT Applied Materials Inc. | 3.12% | 1,131,276 | $290.7M | New |
| BSX Boston Scientific Corp. | 3.02% | 2,944,254 | $280.7M | New |
| ASML ASML Holding NV-NY Reg SHS | 3.00% | 261,003 | $279.2M | Add +37.1% |
| V Visa Inc. Class A | 2.93% | 776,863 | $272.5M | New |
| RTX RTX Corp. | 2.70% | 1,368,842 | $251.0M | Add +0.7% |
| TECH Bio-Techne Corp. | 2.43% | 3,850,923 | $226.5M | Add +27.8% |
| NTRA Natera Inc. | 2.32% | 944,028 | $216.3M | Reduce -29.2% |
| GFL GFL Environmental Inc.-Sub VT | 2.32% | 5,023,417 | $215.8M | Add +216.5% |
| MNST Monster Beverage Corp. | 2.22% | 2,693,291 | $206.5M | Add +100.7% |
| CPT Camden Property Trust | 2.17% | 1,837,790 | $202.3M | New |
| NU Nu Holdings Ltd./Cayman Isl-A filed as NU HLDGS LTD | 2.11% | 11,714,564 | $196.1M | Reduce -44.2% |
| CVNA Carvana Co. | 2.09% | 461,874 | $194.9M | Add +112.3% |
| DKS Dick's Sporting Goods Inc. | 1.77% | 834,249 | $165.2M | Add +56.5% |
| SWX Southwest Gas Holdings Inc. | 1.76% | 2,048,053 | $163.9M | Add +4.8% |
| ALAB Astera Labs Inc. | 1.74% | 975,959 | $162.4M | Reduce -5.5% |
| WVE Wave Life Sciences Ltd. | 1.69% | 9,280,237 | $157.8M | Add +10.6% |
| AGX Argan Inc. | 1.48% | 438,858 | $137.5M | New |
| COMP Compass Inc. Class A | 1.43% | 12,637,206 | $133.6M | New |
| SCHW Schwab (charles) Corp. | 1.34% | 1,253,090 | $125.2M | Add +44.0% |
| BTU Peabody Energy Corp. | 1.30% | 4,067,173 | $120.8M | Reduce -10.8% |
| KO The Coca-Cola Co. | 1.17% | 1,562,287 | $109.2M | Add +7103.1% |
| LRCX Lam Research Corp. | 1.16% | 633,084 | $108.4M | Add +3723.0% |
| SGI Somnigroup International Inc. | 1.09% | 1,141,820 | $101.9M | Reduce -0.9% |
| CDTX Cidara Therapeutics Inc. | 1.08% | 455,978 | $100.7M | Add +9.2% |
| SHW The Sherwin-Williams Co. | 0.99% | 284,317 | $92.1M | Reduce -25.9% |
| CART Maplebear Inc. | 0.94% | 1,938,835 | $87.2M | Reduce -2.6% |
| DASH DoorDash Inc. Class A | 0.87% | 359,125 | $81.3M | Add +6200.4% |
| DIS The Walt Disney Co. filed as DISNEY WALT CO | 0.86% | 706,959 | $80.4M | Reduce -56.4% |
| NAMS Newamsterdam Pharma Co. NV | 0.71% | 1,894,226 | $66.4M | Add +25.9% |
| PCVX Vaxcyte Inc. | 0.67% | 1,354,237 | $62.5M | Add +5.0% |
| MELI MercadoLibre Inc. | 0.57% | 26,149 | $52.7M | Add +52.1% |
| DDOG Datadog Inc. Class A | 0.56% | 386,254 | $52.5M | Add +13.1% |
| SNOW Snowflake Inc. | 0.53% | 225,835 | $49.5M | Reduce -19.9% |
| IVVD Invivyd Inc. | 0.50% | 18,970,913 | $46.9M | No change |
| MMSI Merit Medical Systems Inc. | 0.46% | 486,166 | $42.9M | Reduce -69.8% |
| CTRI Centuri Holdings Inc. | 0.45% | 1,672,863 | $42.2M | New |
| RBLX Roblox Corp. Class A | 0.45% | 517,798 | $42.0M | Add +25.8% |
| CNTA Centessa Pharmaceuticals Ltd. | 0.44% | 1,643,724 | $41.1M | New |
| FLUT Flutter Entertainment PLC-Di | 0.43% | 187,022 | $40.2M | Add +39.6% |
| MDLN Medline Inc. Class A | 0.36% | 796,077 | $33.4M | New |
| CPNG Coupang Inc. | 0.35% | 1,368,720 | $32.3M | Reduce -34.0% |
| SAIL Sailpoint Inc. | 0.21% | 966,050 | $19.5M | No change |
| QURE Uniqure NV | 0.17% | 661,820 | $15.8M | New |
| ACHC Acadia Healthcare Co. Inc. | 0.14% | 905,419 | $12.8M | Reduce -69.9% |
| STUB Stubhub Holdings Inc. Class A | 0.14% | 931,473 | $12.6M | No change |
| EVH Evolent Health Inc. Class A | 0.11% | 2,539,930 | $10.2M | Add +6.0% |
| GUTS Fractyl Health Inc. | 0.10% | 4,248,492 | $9.3M | No change |
| RCKT Rocket Pharmaceuticals Inc. | 0.09% | 2,513,110 | $8.8M | Reduce -70.3% |
| NTSK Netskope Inc. Class A | 0.09% | 465,736 | $8.2M | No change |
| FDX FedEx Corp. | 0.08% | 25,023 | $7.2M | Add +68.0% |
| BKNG Booking Holdings Inc. | 0.06% | 1,030 | $5.5M | Reduce -35.1% |
| KRUS Kura Sushi USA Inc. Class A | 0.06% | 101,295 | $5.3M | New |
| LTH Life Time Group Holdings Inc. | 0.06% | 199,413 | $5.3M | Reduce -37.3% |
| PLAY Dave & Buster's Entertainmen | 0.06% | 325,487 | $5.3M | Add +115.2% |
| EXPE Expedia Group Inc. | 0.05% | 17,947 | $5.1M | New |
| TRUP Trupanion Inc. | 0.05% | 133,873 | $5.0M | Add +68.2% |
| HRB H&R Block Inc. filed as BLOCK H & R INC | 0.05% | 114,426 | $5.0M | New |
| LMND Lemonade Inc. | 0.05% | 69,864 | $5.0M | Add +13.0% |
| SIRI Sirius XM Holdings Inc. | 0.05% | 248,591 | $5.0M | Add +65.5% |
| EFX Equifax Inc. | 0.05% | 22,896 | $5.0M | New |
| ERIE Erie Indemnity Company Class A | 0.05% | 17,317 | $5.0M | New |
| INTU Intuit Inc. | 0.05% | 7,491 | $5.0M | Add +1171.8% |
| CHTR Charter Communications Inc. Class A | 0.05% | 23,732 | $5.0M | New |
| GDDY GoDaddy Inc. Class A | 0.05% | 39,923 | $5.0M | Add +188.4% |
| ALL Allstate Corp. | 0.05% | 23,798 | $5.0M | Add +46.3% |
| ROKU Roku Inc. | 0.05% | 45,571 | $4.9M | Add +46.5% |
| OLLI Ollie's Bargain Outlet Holdi | 0.05% | 45,061 | $4.9M | New |
| SMA Smartstop Self Storage REIT | 0.05% | 159,563 | $4.9M | Add +70.5% |
| SITE Siteone Landscape Supply Inc. | 0.05% | 39,632 | $4.9M | New |
| ADBE Adobe Inc. | 0.05% | 14,103 | $4.9M | New |
| IMAX Imax Corp. | 0.05% | 133,358 | $4.9M | New |
| LZ Legalzoomcom Inc. | 0.05% | 496,034 | $4.9M | New |
| FERG Ferguson Enterprises Inc. | 0.05% | 22,114 | $4.9M | Add +50.1% |
| YOU Clear Secure Inc. Class A | 0.05% | 140,149 | $4.9M | Add +48.4% |
| AFRM Affirm Holdings Inc. | 0.05% | 66,024 | $4.9M | Add +37.2% |
| ZM Zoom Communications Inc. | 0.05% | 56,027 | $4.8M | Add +33.7% |
| CRI Carter's Inc. | 0.05% | 148,790 | $4.8M | Add +19.8% |
| NFLX Netflix Inc. | 0.05% | 50,797 | $4.8M | New |
| ROL Rollins Inc. | 0.05% | 77,450 | $4.6M | Add +31.1% |
| ROOT Root Inc./Oh Class A | 0.05% | 63,234 | $4.6M | New |
| CWH Camping World Holdings Inc. Class A | 0.05% | 458,424 | $4.5M | New |
| ASO Academy Sports & Outdoors Inc. | 0.05% | 89,106 | $4.5M | Add +451.6% |
| MUSA Murphy USA Inc. | 0.05% | 11,023 | $4.4M | New |
| RVLV Revolve Group Inc. Class A | 0.05% | 147,012 | $4.4M | New |
| TDUP Thredup Inc. Class A | 0.05% | 691,689 | $4.4M | Add +63.5% |
| LH Labcorp Holdings Inc. | 0.05% | 17,564 | $4.4M | Add +73.1% |
| CAL Caleres Inc. | 0.05% | 353,129 | $4.3M | Add +56.4% |
| DGX Quest Diagnostics Inc. | 0.04% | 23,895 | $4.1M | Add +31.4% |
| FVRR Fiverr International Ltd. | 0.04% | 202,094 | $4.0M | New |
| MCD McDonald's Corp. | 0.04% | 12,453 | $3.8M | New |
| BOOT Boot Barn Holdings Inc. | 0.04% | 21,432 | $3.8M | Add +199.5% |
| DAVE Dave Inc. | 0.04% | 16,376 | $3.6M | Add +136.4% |
Options reported separately and not counted above: WVE calls ($6.5M).
Portfolio Sells Q3 2025 → Q4 2025
| KVUE Kenvue Inc. | Sold out | 0.00% | −2.62 |
| NU Nu Holdings Ltd./Cayman Isl-A | Reduce -44.2% | 2.11% | −2.39 |
| BAC Bank of America Corp. | Sold out | 0.00% | −2.29 |
| AMD Advanced Micro Devices | Sold out | 0.00% | −2.02 |
| DHR Danaher Corp. | Sold out | 0.00% | −1.71 |
| DIS The Walt Disney Co. | Reduce -56.4% | 0.86% | −1.62 |
| MMSI Merit Medical Systems Inc. | Reduce -69.8% | 0.46% | −1.33 |
| INSM Insmed Inc. | Sold out | 0.00% | −1.27 |
| TEVA Teva Pharmaceutical-SP ADR | Sold out | 0.00% | −1.16 |
| Z Zillow Group Inc. Class C | Sold out | 0.00% | −1.06 |
| ALAB Astera Labs Inc. | Reduce -5.5% | 1.74% | −0.96 |
| ACHC Acadia Healthcare Co. Inc. | Reduce -69.9% | 0.14% | −0.86 |
| MIR Mirion Technologies Inc. | Sold out | 0.00% | −0.81 |
| CELH Celsius Holdings Inc. | Sold out | 0.00% | −0.79 |
| SHW The Sherwin-Williams Co. | Reduce -25.9% | 0.99% | −0.79 |
| CCL Carnival Corp. | Sold out | 0.00% | −0.74 |
| VRDN Viridian Therapeutics Inc. | Sold out | 0.00% | −0.64 |
| MDB Mongodb Inc. | Sold out | 0.00% | −0.57 |
| NTRA Natera Inc. | Reduce -29.2% | 2.32% | −0.55 |
| CPNG Coupang Inc. | Reduce -34.0% | 0.35% | −0.55 |
| PRMB Primo Brands Corp. | Reduce -97.4% | 0.01% | −0.49 |
| BTU Peabody Energy Corp. | Reduce -10.8% | 1.30% | −0.32 |
| SNOW Snowflake Inc. | Reduce -19.9% | 0.53% | −0.32 |
| RCKT Rocket Pharmaceuticals Inc. | Reduce -70.3% | 0.09% | −0.27 |
| SGI Somnigroup International Inc. | Reduce -0.9% | 1.09% | −0.21 |
| REAL The Realreal Inc. | Sold out | 0.00% | −0.13 |
| TJX TJX Companies Inc. | Sold out | 0.00% | −0.12 |
| KTB Kontoor Brands Inc. | Sold out | 0.00% | −0.11 |
| FWRG First Watch Restaurant Group | Sold out | 0.00% | −0.11 |
| ROST Ross Stores Inc. | Reduce -82.3% | 0.02% | −0.09 |
| ELF Elf Beauty Inc. | Sold out | 0.00% | −0.09 |
| PAG Penske Automotive Group Inc. | Sold out | 0.00% | −0.09 |
| MGM MGM Resorts International | Sold out | 0.00% | −0.08 |
| CROX Crocs Inc. | Sold out | 0.00% | −0.08 |
| POOL Pool Corp. | Sold out | 0.00% | −0.08 |
| BBWI Bath & Body Works Inc. | Sold out | 0.00% | −0.07 |
| CAKE The Cheesecake Factory Inc. | Sold out | 0.00% | −0.07 |
| H Hyatt Hotels Corp. Class A | Sold out | 0.00% | −0.07 |
| WSM Williams-Sonoma Inc. | Sold out | 0.00% | −0.07 |
| CHWY Chewy Inc. Class A | Reduce -55.4% | 0.03% | −0.06 |
| BLMN Bloomin' Brands Inc. | Sold out | 0.00% | −0.06 |
| LEVI Levi Strauss & Co. Class A | Sold out | 0.00% | −0.06 |
| M Macy's Inc. | Sold out | 0.00% | −0.06 |
| LTH Life Time Group Holdings Inc. | Reduce -37.3% | 0.06% | −0.06 |
| DRI Darden Restaurants Inc. | Sold out | 0.00% | −0.06 |
| SFD Smithfield Foods Inc. | Sold out | 0.00% | −0.06 |
| EVGO Evgo Inc. | Sold out | 0.00% | −0.06 |
| WRBY Warby Parker Inc. Class A | Sold out | 0.00% | −0.06 |
| BKNG Booking Holdings Inc. | Reduce -35.1% | 0.06% | −0.06 |
| SONO Sonos Inc. | Sold out | 0.00% | −0.05 |
Portfolio Buys Q3 2025 → Q4 2025
| GOOG Alphabet Inc. Class C | New | 3.85% | +3.85 |
| AMAT Applied Materials Inc. | New | 3.12% | +3.12 |
| BSX Boston Scientific Corp. | New | 3.02% | +3.02 |
| V Visa Inc. Class A | New | 2.93% | +2.93 |
| CPT Camden Property Trust | New | 2.17% | +2.17 |
| TSM Taiwan Semiconductor-SP ADR | Add +62.7% | 5.41% | +1.60 |
| AGX Argan Inc. | New | 1.48% | +1.48 |
| COMP Compass Inc. Class A | New | 1.43% | +1.43 |
| GFL GFL Environmental Inc.-Sub VT | Add +216.5% | 2.32% | +1.31 |
| KO The Coca-Cola Co. | Add +7103.1% | 1.17% | +1.15 |
| LRCX Lam Research Corp. | Add +3723.0% | 1.16% | +1.13 |
| MNST Monster Beverage Corp. | Add +100.7% | 2.22% | +1.01 |
| CVNA Carvana Co. | Add +112.3% | 2.09% | +1.00 |
| WVE Wave Life Sciences Ltd. | Add +10.6% | 1.69% | +0.87 |
| DASH DoorDash Inc. Class A | Add +6200.4% | 0.87% | +0.85 |
| NVDA Nvidia Corp. | Add +39.3% | 5.98% | +0.63 |
| CDTX Cidara Therapeutics Inc. | Add +9.2% | 1.08% | +0.55 |
| ASML ASML Holding NV-NY Reg SHS | Add +37.1% | 3.00% | +0.53 |
| CTRI Centuri Holdings Inc. | New | 0.45% | +0.45 |
| CNTA Centessa Pharmaceuticals Ltd. | New | 0.44% | +0.44 |
| MDLN Medline Inc. Class A | New | 0.36% | +0.36 |
| COF Capital One Financial Corp. | Add +19.6% | 3.38% | +0.29 |
| SCHW Schwab (charles) Corp. | Add +44.0% | 1.34% | +0.23 |
| PM Philip Morris International | Add +34.2% | 3.75% | +0.23 |
| TECH Bio-Techne Corp. | Add +27.8% | 2.43% | +0.19 |
| DKS Dick's Sporting Goods Inc. | Add +56.5% | 1.77% | +0.19 |
| QURE Uniqure NV | New | 0.17% | +0.17 |
| NAMS Newamsterdam Pharma Co. NV | Add +25.9% | 0.71% | +0.14 |
| KRUS Kura Sushi USA Inc. Class A | New | 0.06% | +0.06 |
| EXPE Expedia Group Inc. | New | 0.05% | +0.05 |
| HRB H&R Block Inc. | New | 0.05% | +0.05 |
| EFX Equifax Inc. | New | 0.05% | +0.05 |
| ERIE Erie Indemnity Company Class A | New | 0.05% | +0.05 |
| CHTR Charter Communications Inc. Class A | New | 0.05% | +0.05 |
| OLLI Ollie's Bargain Outlet Holdi | New | 0.05% | +0.05 |
| ADBE Adobe Inc. | New | 0.05% | +0.05 |
| SITE Siteone Landscape Supply Inc. | New | 0.05% | +0.05 |
| IMAX Imax Corp. | New | 0.05% | +0.05 |
| LZ Legalzoomcom Inc. | New | 0.05% | +0.05 |
| NFLX Netflix Inc. | New | 0.05% | +0.05 |
| PCVX Vaxcyte Inc. | Add +5.0% | 0.67% | +0.05 |
| ROOT Root Inc./Oh Class A | New | 0.05% | +0.05 |
| CWH Camping World Holdings Inc. Class A | New | 0.05% | +0.05 |
| INTU Intuit Inc. | Add +1171.8% | 0.05% | +0.05 |
| MUSA Murphy USA Inc. | New | 0.05% | +0.05 |
| RVLV Revolve Group Inc. Class A | New | 0.05% | +0.05 |
| FVRR Fiverr International Ltd. | New | 0.04% | +0.04 |
| MCD McDonald's Corp. | New | 0.04% | +0.04 |
| ASO Academy Sports & Outdoors Inc. | Add +451.6% | 0.05% | +0.04 |
| SEB Seaboard Corp. | New | 0.03% | +0.03 |
Options Activity Q3 2025 → Q4 2025
| BTU Peabody Energy Corp. | call | Sold out | 223,600 | $5.9Mbefore exit |
Calls and puts are listed by the shares they cover; their value is not part of the stock holdings above.
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 177 | $11.1B | NVDA, AMD, ALAB, INTC, GOOG |
| Q1 2026 | 239 | $8.6B | NVDA, AMZN, TSM, ASML, NU |
| Q4 2025 | 178 | $9.3B | NVDA, MSFT, AMZN, TSM, GOOG |
| Q3 2025 | 201 | $7.5B | AMZN, MSFT, NVDA, NU, TSM |
| Q2 2025 | 249 | $6.5B | NVDA, AMZN, TSM, MSFT, NU |
| Q1 2025 | 232 | $5.6B | AMZN, NVDA, PM, TSM, NTRA |
| Q4 2024 | 224 | $5.6B | AMZN, NVDA, MSFT, PM, TSM |
| Q3 2024 | 228 | $5.1B | NVDA, AMZN, MSFT, CPNG, PM |
| Q2 2024 | 266 | $5.3B | CPNG, AMZN, MSFT, NVDA, PM |
| Q1 2024 | 403 | $5.2B | CPNG, AMZN, NVDA, PM, JLL |