Maverick Capital Is Winning Big With Early AI-Related Investments [Exclusive]

HFA Padded
Michelle deBoer-Jones
Published on
Updated on

Lee Ainslie's Maverick Capital has enjoyed a strong start to 2023, with his funds' first-quarter returns ranging from 8% to 17%. The Maverick USA fund returned 8.4% for the first quarter, while the Maverick Levered fund gained 14.7%. The Maverick Long fund was up 15.1%, and the Maverick Long Enhanced fund returned 16.8% for the first quarter.

Meanwhile, the S&P 500 was up 7.5% for the first quarter, while the MS World gained 7.7%, and the S&P 500/ MS World Blend returned 7.6%.

Q1 2023 hedge fund letters, conferences and more

On...

Membership Required

You must be a member to access this content.

View Membership Levels

Already a member? Log in here

Premium Members Get EVEN MORE VALUE

Subscribe to Hedge Fund Alpha

Insider Strategies and Letters to Shareholders from the Top Hedge Funds and Maximize Your Portfolio Growth with Hedge Fund Alpha

Don’t have an account?

Subscribe and get an extra 30% off annual with code LETTERS
HFA Padded

Michelle deBoer-Jones is editor-in-chief of Hedge Fund Alpha. She also writes comparative analyses of stocks for TipRanks and runs Providence Writing Services. Previously, she was a television news producer for eight years, producing the morning news programs for NBC affiliates in Evansville, Indiana and Huntsville, Alabama and spending a short time at the CBS affiliate in Huntsville.