Maverick Capital is a hedge fund founded in 1993 by a former Tiger Cub Lee Ainslie. It uses a hedged equity strategy to grow and preserve the investor’s capital sustainably.
Recently the hedge fund increased its position in Alphabet by 30.6%, while at the same time it cut stakes in other Magnificent Seven stocks.
According to the letter to investors reviewed by Hedge Fund Alpha in their Q1 2024 report, the fund reported annualized net returns of their one-year shares series and five-year share series funds.
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