Lee Ainslie’s Maverick Capital executed one of its most dramatic portfolio rotations in years, pivoting away from mature chip leaders and consumer discretionary names. The fund trimmed NVDA by more than 3 million shares and cut TSM by 525,601 shares and plowed proceeds into a different mix of bets.
To rank the five most surprising new positions, we weighted three factors: profile mismatch versus Maverick’s typical large-cap growth playbook, contrarian nature relative to consensus at purchase, and position size. Here are the five names that stood out most.
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