Maverick Capital 13F, Q4 2025
Lee Ainslie · quarter ending 31 December 2025 · filed 13 February 2026 · SEC CIK 934639
Common stock only: shares the fund reported owning at the quarter end, valued as filed. The filing also lists 1 put and call lines, reported at the value of the underlying shares; they are not ownership and are not in these totals.
Largest positions, Q4 2025
The 25 largest of 178 positions. Weights are against the whole filed book. Changes are in shares held, against the Q3 2025 filing.
| Company | Ticker | Value | % of book | vs Q3 2025 |
|---|---|---|---|---|
| NVIDIA CORPORATION | NVDA | $556.96M | 6.0% | +39% shares |
| MICROSOFT CORP | MSFT | $556.40M | 6.0% | +24% shares |
| AMAZON COM INC | AMZN | $549.96M | 5.9% | +7% shares |
| TAIWAN SEMICONDUCTOR MFG LTD | TSM | $504.05M | 5.4% | +63% shares |
| ALPHABET INC | GOOG | $358.20M | 3.9% | new |
| PHILIP MORRIS INTL INC | PM | $349.20M | 3.8% | +34% shares |
| CAPITAL ONE FINL CORP | COF | $314.19M | 3.4% | +20% shares |
| UNION PAC CORP | UNP | $303.77M | 3.3% | +18% shares |
| APPLIED MATLS INC | AMAT | $290.73M | 3.1% | new |
| BOSTON SCIENTIFIC CORP | BSX | $280.73M | 3.0% | new |
| ASML HOLDING N V | $279.24M | 3.0% | +37% shares | |
| VISA INC | V | $272.45M | 2.9% | new |
| RTX CORPORATION | RTX | $251.05M | 2.7% | unchanged |
| BIO-TECHNE CORP | TECH | $226.47M | 2.4% | +28% shares |
| NATERA INC | NTRA | $216.27M | 2.3% | -29% shares |
| GFL ENVIRONMENTAL INC | GFL | $215.76M | 2.3% | +217% shares |
| MONSTER BEVERAGE CORP NEW | MNST | $206.49M | 2.2% | +101% shares |
| CAMDEN PPTY TR | CPT | $202.30M | 2.2% | new |
| NU HLDGS LTD | $196.10M | 2.1% | -44% shares | |
| CARVANA CO | CVNA | $194.92M | 2.1% | +112% shares |
| DICKS SPORTING GOODS INC | DKS | $165.16M | 1.8% | +57% shares |
| SOUTHWEST GAS HLDGS INC | SWX | $163.89M | 1.8% | +5% shares |
| ASTERA LABS INC | ALAB | $162.36M | 1.7% | -6% shares |
| WAVE LIFE SCIENCES LTD | $157.76M | 1.7% | +11% shares | |
| ARGAN INC | AGX | $137.50M | 1.5% | new |
What changed since Q3 2025
Against the Q3 2025 filing, Maverick Capital opened 63 new positions, added to 58, trimmed 46, left 11 unchanged and exited 86. Every position is compared, matched on its CUSIP; a change of 2% or less in shares counts as unchanged.
New positions
and 55 more
Exited
- KVUEwas $195.45M
- BACwas $171.23M
- AMDwas $150.95M
- DHRwas $127.42M
- INSMwas $94.55M
- TEVAwas $86.87M
- Zwas $79.49M
- MIRwas $60.21M
and 78 more
Other quarters
Source: SEC Form 13F-HR, accession 0000947871-26-000150, filed by MAVERICK CAPITAL LTD. Values are as filed and cover US-listed positions only; a 13F does not show short positions or holdings outside the US. A 13F may be filed up to 45 days after the quarter ends, so the fund may have traded since. Educational information, not financial advice.