Maverick Capital

Q1 2018 13F · by Lee Ainslie, founder

As of: Mar 31, 2018
Filed: May 15, 2018
US stock: $7.7B · prev $7.9B
Positions: 218 · prev 175
Options notional: $0
Documents: 1· no amendments

Picture100.0% US stock

Full picture · of what this 13F reports is US stock

US stock listed on a US exchange 100.0%
Foreign stock not listed in the US 0.0%
Notes debt, at principal 0.0%
Puts at notional value 0.0%
Calls at notional value 0.0%

Moves272 since the prior filing

+31.5 pp in · −31.5 pp out

New 98 +15.57 pp
Added 90 +15.96 pp
Trimmed 29 −15.85 pp
Exited 55 −15.66 pp

The book

Focused · behaves like 34 equal-sized positions

Very concentrated
Concentrated
Focused
Diversified

High turnover · 126% a year, about 0.8 years per position

Low
Moderate
High

Top 5 positions28% of US stock

META Meta Platforms, Inc. Class A added−0.16 pp added−0.166.3%
GOOG Alphabet Inc. Class C added+1.57 pp added+1.576.1%
UHS Universal Health Services, Inc. Class B trimmed−1.91 pp trimmed−1.915.9%
MSFT Microsoft Corp added+1.10 pp added+1.104.9%
unresolved Envision Healthcare Corp trimmed+0.31 pp trimmed+0.314.7%

Positions218 in this filing · 55 exited


METAMeta Platforms, Inc. Class A	6.34%	3,073,670	$491M	added+5%	−0.16 pp	13 q
GOOGAlphabet Inc. Class C	6.11%	458,636	$473M	added+33%	+1.57 pp	14 q
UHSUniversal Health Services, Inc. Class B	5.88%	3,850,048	$456M	trimmed−29%	−1.91 pp	14 q
MSFTMicrosoft Corp	4.91%	4,166,070	$380M	added+18%	+1.10 pp	3 q
unresolvedEnvision Healthcare Corp	4.67%	9,425,801	$362M	trimmed−6%	+0.31 pp	5 q
VVISA Inc.	4.15%	2,687,532	$321M	trimmed−26%	−1.05 pp	4 q
INTCIntel Corp	4.01%	5,973,804	$311M	added×33.1	+3.90 pp	2 q
unresolvedDowdupont Inc	3.81%	4,632,671	$295M	added+14%	+0.16 pp	3 q
WCNWaste Connections, Inc.	3.53%	3,812,042	$273M	added+3%	+0.20 pp	8 q
unresolvedShire PLC	3.30%	1,713,431	$256M	added+3%	+0.04 pp	9 q
MHKMohawk Industries, Inc.	3.17%	1,058,922	$246M	new	+3.17 pp	new
ADBEAdobe Inc.	3.03%	1,085,115	$234M	trimmed−51%	−1.82 pp	19 q
TMUST-Mobile US, Inc.	2.83%	3,587,404	$219M	added+7%	+0.15 pp	3 q
BABAAlibaba Group Holding Limited	2.64%	1,113,702	$204M	added×2.9	+1.82 pp	3 q
LOWLowe's Companies Inc.	2.35%	2,074,670	$182M	added×2.1	+1.18 pp	4 q
SCHWThe Charles Schwab Corporation	2.30%	3,408,259	$178M	added+8%	+0.26 pp	2 q
BUDAnheuser-Busch INBEV SA/NV	1.56%	1,100,813	$121M	trimmed−51%	−1.62 pp	20 q
DXCDXC Technology Company	1.46%	1,122,584	$113M	trimmed−68%	−2.68 pp	4 q
TAPMolson Coors Beverage Company Class B	1.05%	1,081,747	$81M	trimmed−71%	−2.81 pp	4 q
SNAPSnap Inc.	1.04%	5,075,029	$81M	new	+1.04 pp	new
IPXLImpax Laboratories, Inc.	1.01%	4,043,203	$79M	trimmed−45%	−0.53 pp	5 q
MGMMgm Resorts International	1.01%	2,240,443	$78M	trimmed−75%	−2.73 pp	4 q
BTIBritish American Tobacco p.l.c.	1.00%	1,337,673	$77M	added+18%	+0.04 pp	2 q
PMPhilip Morris International Inc.	0.94%	731,009	$73M	new	+0.94 pp	new
FLTCorpay, Inc.	0.93%	356,704	$72M	trimmed−6%	+0.01 pp	3 q
CNCCentene Corporation	0.88%	641,262	$69M	new	+0.88 pp	new
IPHIInphi Corporation	0.86%	2,222,073	$67M	new	+0.86 pp	new
LVSLas Vegas Sands Corp.	0.82%	886,310	$64M	trimmed−35%	−0.38 pp	5 q
TIFTiffany & Co.	0.62%	488,400	$48M	added×2.2	+0.32 pp	4 q
LULUlululemon athletica inc.	0.51%	446,850	$40M	new	+0.51 pp	new
CIENCiena Corporation	0.49%	1,464,594	$38M	trimmed−40%	−0.15 pp	2 q
CARAvis Budget Group, Inc.	0.48%	786,320	$37M	new	+0.48 pp	new
RLRalph Lauren Corporation	0.44%	305,040	$34M	new	+0.44 pp	new
URBNUrban Outfitters Inc	0.40%	838,640	$31M	added×3.4	+0.29 pp	3 q
MDCOMedicines Co	0.39%	906,251	$30M	new	+0.39 pp	new
WINGWingstop Inc	0.38%	626,500	$30M	added×13.4	+0.36 pp	4 q
WTWWillis Towers Watson Public Limited Company	0.37%	446,187	$28M	added×2.4	+0.27 pp	6 q
TPRTapestry, Inc.	0.36%	530,730	$28M	added+57%	+0.17 pp	2 q
VFCV.F. Corporation	0.34%	351,820	$26M	new	+0.34 pp	new
DPZDomino's Pizza Inc.	0.32%	105,740	$25M	new	+0.32 pp	new
PACBPacific Biosciences of California, Inc.	0.32%	12,173,094	$25M	added+8%	−0.05 pp	20 q
AEOAmerican Eagle Outfitters	0.31%	1,196,200	$24M	added+32%	+0.09 pp	4 q
ETSYEtsy, Inc.	0.31%	863,250	$24M	trimmed−19%	+0.04 pp	2 q
EATBrinker International, Inc.	0.30%	633,380	$23M	added×3.2	+0.20 pp	2 q
HB6Hibbett Inc	0.30%	977,460	$23M	added×2.1	+0.18 pp	3 q
TJXTJX Companies, Inc. (The)	0.30%	286,740	$23M	added×2.7	+0.20 pp	7 q
FIVEFive Below, Inc.	0.29%	306,840	$23M	added+51%	+0.12 pp	4 q
BJRIBJ's Restaurants, Inc.	0.28%	481,360	$22M	added×2.1	+0.18 pp	2 q
unresolvedGrubhub Inc	0.27%	204,300	$21M	new	+0.27 pp	new
OLLIOllie's Bargain Outlet Holdings, Inc.	0.26%	330,490	$20M	new	+0.26 pp	new
DINDine Brands Global, Inc.	0.25%	298,450	$20M	added×2.1	+0.16 pp	2 q
NKENike, Inc.	0.25%	294,250	$20M	added+71%	+0.11 pp	2 q
BBYD20230930-DK-BUTTERFLY-1 Inc	0.24%	871,349	$18M	added×2.5	+0.14 pp	2 q
WOOFoot Locker Inc	0.24%	413,337	$19M	added×3.0	+0.16 pp	2 q
TLRDQTailored Brands Inc	0.24%	751,770	$19M	added×3.9	+0.19 pp	2 q
DLTRDollar Tree Inc.	0.22%	181,490	$17M	added+30%	+0.03 pp	7 q
NFLXNetFlix Inc	0.21%	56,310	$17M	trimmed−15%	+0.05 pp	2 q
WSMWilliams-Sonoma, Inc.	0.21%	301,750	$16M	new	+0.21 pp	new
WWWWolverine World Wide, Inc.	0.21%	574,803	$17M	added×2.2	+0.11 pp	3 q
SBUXStarbucks Corp	0.20%	272,680	$16M	new	+0.20 pp	new
BLMNBloomin' Brands, Inc.	0.19%	601,381	$15M	trimmed−11%	+0.01 pp	2 q
PRKSUnited Parks & Resorts Inc.	0.19%	1,000,720	$15M	trimmed−36%	−0.08 pp	2 q
WENThe Wendy's Company	0.19%	828,510	$15M	new	+0.19 pp	new
PLCEChildren's Place, Inc.	0.18%	104,850	$14M	added+51%	+0.05 pp	3 q
COLMColumbia Sportswear Co	0.17%	172,140	$13M	added×26.9	+0.16 pp	4 q
EAElectronic Arts Inc	0.17%	106,670	$13M	added+25%	+0.06 pp	6 q
LOPEGrand Canyon Education, Inc	0.17%	123,620	$13M	added+48%	+0.08 pp	4 q
ORLYO'Reilly Automotive, Inc.	0.17%	52,030	$13M	new	+0.17 pp	new
AAPAdvance Auto Parts Inc	0.16%	102,650	$12M	new	+0.16 pp	new
CTSHCognizant Technology Solutions	0.16%	156,520	$13M	added+29%	+0.05 pp	2 q
FIXXQ32 Bio Inc	0.16%	717,793	$12M	new	+0.16 pp	new
HUMHumana Inc.	0.16%	45,140	$12M	added+24%	+0.05 pp	4 q
ISRGIntuitive Surgical Inc.	0.16%	30,530	$13M	added+13%	+0.04 pp	4 q
JNJJohnson & Johnson	0.16%	98,820	$13M	added+46%	+0.04 pp	8 q
SPGIS&P Global Inc.	0.16%	64,340	$12M	added+32%	+0.06 pp	6 q
WCGWellcare Health Plans, Inc.	0.16%	64,610	$13M	added+48%	+0.05 pp	2 q
AKRXAkorn, Inc.	0.15%	610,460	$11M	added×2.8	+0.06 pp	7 q
AAAlcoa Corporation	0.15%	263,070	$12M	added×2.3	+0.07 pp	2 q
BKNGBooking Holdings Inc.	0.15%	5,408	$11M	new	+0.15 pp	new
EBAYeBay Inc	0.15%	296,200	$12M	added+20%	+0.03 pp	10 q
GNRCGenerac Holdings Inc	0.15%	258,870	$12M	added+71%	+0.06 pp	2 q
LEALear Corporation	0.15%	64,360	$12M	added+46%	+0.05 pp	10 q
JWNNordstrom, Inc.	0.15%	245,517	$12M	new	+0.15 pp	new
NVDANvidia Corp	0.15%	51,540	$12M	added+67%	+0.07 pp	2 q
TWTRTwitter, Inc.	0.15%	412,050	$12M	added+29%	+0.05 pp	2 q
BABoeing Company	0.14%	34,250	$11M	added+14%	+0.03 pp	2 q
ENTGEntegris Inc	0.14%	302,560	$11M	added+37%	+0.06 pp	4 q
ONON Semiconductor Corp	0.14%	439,810	$11M	added+33%	+0.05 pp	2 q
S9QSpirit Aerosystems Hold-cl A	0.14%	133,440	$11M	added+23%	+0.02 pp	6 q
SFMSprouts Farmers Market, Inc.	0.14%	472,550	$11M	trimmed−16%	−0.03 pp	4 q
TTWOTake-Two Interactive Software Inc	0.14%	112,010	$11M	added+45%	+0.03 pp	5 q
WATWaters Corp	0.14%	55,500	$11M	added+29%	+0.04 pp	4 q
ALLThe Allstate Corporation	0.13%	104,830	$10M	added+58%	+0.04 pp	13 q
AMATApplied Materials Inc	0.13%	184,980	$10M	added+35%	+0.04 pp	7 q
BURLBurlington Stores, Inc.	0.13%	75,630	$10M	new	+0.13 pp	new
EWEdwards Lifesciences Corp	0.13%	74,810	$10M	trimmed−6%	+0.02 pp	8 q
GWWW.W. Grainger, Inc.	0.13%	36,140	$10M	new	+0.13 pp	new
PRLBProto Labs, Inc.	0.13%	86,800	$10M	added+28%	+0.04 pp	3 q
unresolvedValeant Pharmaceuticals Intl	0.13%	635,980	$10M	added+46%	+0.02 pp	3 q
VMWVMware, Inc	0.13%	84,850	$10M	added+9%	+0.01 pp	7 q
CTXSCitrix Systems Inc	0.12%	99,660	$9M	added+40%	+0.04 pp	11 q
EXPEExpedia Group, Inc.	0.12%	85,800	$9M	added+60%	+0.04 pp	3 q
KSSKohls Corporation	0.12%	146,790	$10M	trimmed−56%	−0.11 pp	3 q
LRCXLam Research Corp	0.12%	45,560	$9M	added+41%	+0.05 pp	9 q
MROMarathon Oil Corporation	0.12%	596,190	$10M	new	+0.12 pp	new
MAMastercard Incorporated	0.12%	54,760	$10M	added+23%	+0.04 pp	13 q
MELIMercado Libre, Inc	0.12%	26,130	$9M	added+7%	+0.02 pp	3 q
MNSTMonster Beverage Corporation	0.12%	157,110	$9M	new	+0.12 pp	new
unresolvedNew Oriental Ed & Tech Grp I	0.12%	104,920	$9M	added+36%	+0.03 pp	4 q
BIDTribeca Strategic Acquisition Corp. Class A	0.12%	177,030	$9M	added+66%	+0.05 pp	3 q
LUVSouthwest Airlines Co.	0.12%	160,900	$9M	added+62%	+0.04 pp	13 q
TSMTaiwan Semiconductor Manufacturing Company Ltd.	0.12%	214,000	$9M	added+30%	+0.04 pp	6 q
TALTAL Education Group	0.12%	242,770	$9M	trimmed−0%	+0.03 pp	8 q
VARVarian Medical Systems, Inc.	0.12%	77,500	$10M	new	+0.12 pp	new
WLKWestlake Corporation	0.12%	83,050	$9M	new	+0.12 pp	new
JAZZJazz Pharmaceuticals, Inc.	0.12%	62,360	$9M	added+43%	+0.05 pp	9 q
LBTYKLiberty Global Ltd. Class C	0.12%	302,820	$9M	new	+0.12 pp	new
OECOrion S.A.	0.12%	333,100	$9M	new	+0.12 pp	new
AYIAcuity Inc.	0.11%	61,870	$9M	new	+0.11 pp	new
ALGNAlign Technology Inc	0.11%	32,410	$8M	added+26%	+0.04 pp	4 q
ALLYAlly Financial Inc.	0.11%	314,040	$9M	added+37%	+0.03 pp	3 q
ELVElevance Health, Inc.	0.11%	39,430	$9M	added+35%	+0.03 pp	11 q
BBLBHP Group Plc	0.11%	209,330	$8M	added+46%	+0.04 pp	2 q
CDNSCadence Design Systems	0.11%	235,280	$9M	added+52%	+0.03 pp	11 q
CFGCitizens Financial Group, Inc.	0.11%	201,280	$8M	added+34%	+0.03 pp	4 q
CONNQConn's Inc	0.11%	248,160	$8M	added+70%	+0.04 pp	3 q
CACCCredit Acceptance Corp	0.11%	26,170	$9M	added+45%	+0.04 pp	3 q
DVADaVita Inc.	0.11%	130,580	$9M	new	+0.11 pp	new
GCOGenesco Inc.	0.11%	214,188	$9M	new	+0.11 pp	new
GTNGray Media, Inc.	0.11%	651,323	$8M	new	+0.11 pp	new
TDCTeradata Corporation	0.11%	220,680	$9M	new	+0.11 pp	new
TXNTexas Instruments Incorporated	0.11%	85,010	$9M	new	+0.11 pp	new
UNHUNITEDHEALTH GROUP INCORPORATED (Delaware)	0.11%	41,300	$9M	added+39%	+0.03 pp	4 q
RIGTransocean LTD.	0.11%	881,210	$9M	new	+0.11 pp	new
RCLRoyal Caribbean Group	0.11%	70,840	$8M	added+49%	+0.04 pp	3 q
BIDUBaidu, Inc.	0.10%	34,480	$8M	added+35%	+0.02 pp	3 q
unresolvedCigna Corporation	0.10%	47,210	$8M	new	+0.10 pp	new
CAKECheesecake Factory (The)	0.10%	165,110	$8M	new	+0.10 pp	new
COHRCoherent Corp.	0.10%	41,770	$8M	new	+0.10 pp	new
DFSDiscover Financial Services	0.10%	111,190	$8M	new	+0.10 pp	new
NAVINavient Corporation	0.10%	613,380	$8M	new	+0.10 pp	new
SCSantander Consumer USA Holdings Inc	0.10%	495,350	$8M	new	+0.10 pp	new
STLDSteel Dynamics Inc	0.10%	181,230	$8M	added+22%	+0.02 pp	4 q
TECKTeck Resources Limited	0.10%	303,920	$8M	new	+0.10 pp	new
unresolvedRowan Cos PLC	0.10%	665,530	$8M	added+100%	+0.03 pp	2 q
SINASina Corp	0.10%	74,540	$8M	added+19%	+0.02 pp	2 q
unresolvedFiat Chrysler Automobiles NV s	0.10%	365,920	$8M	added+22%	+0.03 pp	2 q
unresolvedBarnes & Noble Inc	0.09%	1,415,910	$7M	added×7.0	+0.07 pp	4 q
BBBlackBerry Limited	0.09%	580,130	$7M	new	+0.09 pp	new
DECKDeckers Outdoor Corp	0.09%	75,950	$7M	new	+0.09 pp	new
PENNPENN Entertainment, Inc.	0.09%	278,150	$7M	new	+0.09 pp	new
SMSM Energy Company	0.09%	396,610	$7M	new	+0.09 pp	new
VALEVale S.a.	0.09%	561,800	$7M	added+31%	+0.02 pp	5 q
YYJOYY Inc.	0.09%	63,130	$7M	new	+0.09 pp	new
CSLTCastlight Health, Inc.	0.08%	1,739,167	$6M	held	—	17 q
FOSLFossil Group, Inc.	0.08%	516,939	$7M	added×2.4	+0.06 pp	2 q
unresolvedKkr & Co L P DEL	0.08%	318,480	$6M	added+17%	+0.01 pp	3 q
CHSChicos FAS, Inc.	0.07%	593,210	$5M	trimmed−32%	−0.03 pp	2 q
CRICarter's Inc.	0.06%	41,980	$4M	trimmed−43%	−0.05 pp	3 q
GPCGenuine Parts Company	0.06%	50,820	$5M	new	+0.06 pp	new
RRGBRed Robin Gourmet Burgers Inc	0.06%	78,170	$5M	trimmed−33%	−0.02 pp	2 q
unresolvedBank Of The Ozarks Inc	0.05%	84,280	$4M	new	+0.05 pp	new
CROXCrocs, Inc.	0.05%	227,130	$4M	trimmed−24%	0.00 pp	4 q
unresolvedDsw Inc	0.05%	186,340	$4M	trimmed−59%	−0.07 pp	3 q
FRGIFiesta Restaurant Group, Inc.	0.05%	199,430	$4M	new	+0.05 pp	new
GMGeneral Motors Company	0.05%	99,140	$4M	new	+0.05 pp	new
PLNTPlanet Fitness, Inc.	0.05%	95,220	$4M	new	+0.05 pp	new
ROSTRoss Stores Inc	0.05%	46,720	$4M	new	+0.05 pp	new
WMTWalmart Inc.	0.05%	45,080	$4M	new	+0.05 pp	new
AAPLApple Inc.	0.04%	17,380	$3M	trimmed−54%	−0.04 pp	13 q
BBYBest Buy Company, Inc.	0.04%	43,330	$3M	trimmed−74%	−0.10 pp	2 q
FCXFreeport-McMoran Inc.	0.04%	196,790	$3M	new	+0.04 pp	new
MEDMedifast, Inc.	0.04%	37,160	$3M	new	+0.04 pp	new
SHLDSears Holdings Corp	0.04%	1,232,520	$3M	new	+0.04 pp	new
AMTTd Ameritrade Holding Corp	0.04%	56,430	$3M	new	+0.04 pp	new
unresolvedVerifone Sys Inc	0.04%	186,620	$3M	new	+0.04 pp	new
unresolvedZoes Kitchen Inc	0.04%	212,215	$3M	added×2.2	+0.02 pp	3 q
unresolvedAmc Entmt Hldgs Inc	0.03%	188,870	$3M	new	+0.03 pp	new
AAgilent Technologies Inc.	0.03%	30,520	$2M	new	+0.03 pp	new
APDAir Products & Chemicals, Inc.	0.03%	12,330	$2M	new	+0.03 pp	new
ASHAshland Inc.	0.03%	37,560	$3M	new	+0.03 pp	new
ATKRAtkore Inc.	0.03%	132,332	$3M	new	+0.03 pp	new
BSXBoston Scientific Corp.	0.03%	71,740	$2M	new	+0.03 pp	new
BFAMBright Horizons Family Solutions Inc.	0.03%	25,350	$3M	new	+0.03 pp	new
CLColgate-Palmolive Company	0.03%	36,820	$3M	new	+0.03 pp	new
ENREnergizer Holdings, Inc	0.03%	43,690	$3M	new	+0.03 pp	new
GMEGameStop Corp. Class A	0.03%	161,860	$2M	new	+0.03 pp	new
GDGeneral Dynamics Corporation	0.03%	9,430	$2M	new	+0.03 pp	new
HDHome Depot, Inc.	0.03%	11,520	$2M	added+46%	+0.01 pp	13 q
INGRIngredion Incorporated	0.03%	17,410	$2M	new	+0.03 pp	new
IPInternational Paper Co.	0.03%	47,030	$3M	new	+0.03 pp	new
LPXLouisiana-Pacific Corp.	0.03%	80,090	$2M	new	+0.03 pp	new
UAUnder Armour, Inc. Class C, $0.0003 1/3 par value	0.03%	161,020	$2M	new	+0.03 pp	new
BGBunge Global SA	0.03%	34,270	$3M	new	+0.03 pp	new
ACHCAcadia Healthcare Company, Inc.	0.02%	31,100	$1M	new	+0.02 pp	new
BOOTBoot Barn Holdings, Inc.	0.02%	66,052	$1M	new	+0.02 pp	new
DDSDillard's, Inc. Class A	0.02%	23,990	$2M	new	+0.02 pp	new
GU9Guess? Inc	0.02%	69,730	$1M	new	+0.02 pp	new
HCAHCA Healthcare, Inc.	0.02%	13,570	$1M	new	+0.02 pp	new
JACKJack in the Box Inc.	0.02%	20,970	$2M	new	+0.02 pp	new
MSGSMadison Square Garden Sports Corp.	0.02%	5,160	$1M	trimmed−86%	−0.08 pp	4 q
PIIPolaris Inc.	0.02%	11,700	$1M	new	+0.02 pp	new
PGProcter & Gamble Company	0.02%	19,950	$2M	new	+0.02 pp	new
THCTenet Healthcare Corporation New	0.02%	72,680	$2M	new	+0.02 pp	new
XUnited States Steel Corp	0.02%	34,520	$1M	new	+0.02 pp	new
ZTSZoetis Inc.	0.02%	18,920	$2M	new	+0.02 pp	new
AXTAAxalta Coating Systems Ltd.	0.02%	59,840	$2M	new	+0.02 pp	new
unresolvedMichael Kors Hldgs Ltd	0.02%	22,220	$1M	new	+0.02 pp	new
LYBLyondellBasell Industries N.V. Class A	0.02%	16,020	$2M	new	+0.02 pp	new
AKSAK Steel Holding Corp.	0.01%	170,970	$774,000	new	+0.01 pp	new
CYHCommunity Health Systems, Inc.	0.01%	248,450	$984,000	new	+0.01 pp	new
MIKMichaels Stores, Inc	0.01%	24,850	$490,000	trimmed−83%	−0.03 pp	4 q
OXMOxford Industries, Inc.	0.01%	10,170	$758,000	new	+0.01 pp	new
TTCToro Company (The)	0.01%	16,750	$1M	new	+0.01 pp	new
THSTreehouse Foods, Inc.	0.01%	26,260	$1M	new	+0.01 pp	new
WDRWaddell & Reed Financial, Inc.	0.01%	42,070	$850,000	new	+0.01 pp	new
SEMSelect Medical Holdings Corp	0.00%	5,600	$97,000	new	0.00 pp	new
SIGSignet Jewelers Limited	0.00%	7,310	$282,000	new	0.00 pp	new
unresolvedAndeavor	—	−2,176,489	—	exited	−3.14 pp	—
STZConstellation Brands, Inc.	—	−659,110	—	exited	−1.90 pp	—
WYNNWynn Resorts Ltd	—	−868,130	—	exited	−1.85 pp	—
unresolvedVantiv Inc	—	−1,707,281	—	exited	−1.58 pp	—
SABRSabre Corporation	—	−4,541,121	—	exited	−1.17 pp	—
VISNVistance Networks, Inc.	—	−2,006,180	—	exited	−0.96 pp	—
ABEVAmbev S.a.	—	−7,770,958	—	exited	−0.63 pp	—
DGDollar General Corp.	—	−218,840	—	exited	−0.26 pp	—
SKAASkechers USA Inc-cl A	—	−549,177	—	exited	−0.26 pp	—
SIX1Six Flags Entertainment Corp.	—	−273,630	—	exited	−0.23 pp	—
YUMYum! Brands, Inc.	—	−205,620	—	exited	−0.21 pp	—
CASYCasey's General Stores Inc	—	−138,810	—	exited	−0.20 pp	—
LBBath & Body Works, Inc.	—	−240,680	—	exited	−0.18 pp	—
TGTTarget Corporation	—	−209,259	—	exited	−0.17 pp	—
DRIDarden Restaurants, Inc.	—	−111,760	—	exited	−0.14 pp	—
KLACKLA Corporation	—	−87,670	—	exited	−0.12 pp	—
SFLYShutterfly, Inc.	—	−185,820	—	exited	−0.12 pp	—
CMGChipotle Mexican Grill, Inc.	—	−31,500	—	exited	−0.11 pp	—
ORCLOracle Corp	—	−179,850	—	exited	−0.11 pp	—
WWayfair Inc.	—	−108,441	—	exited	−0.11 pp	—
SHAKShake Shack Inc.	—	−175,943	—	exited	−0.10 pp	—
TERTeradyne, Inc.	—	−187,420	—	exited	−0.10 pp	—
unresolvedAetna Inc New	—	−38,530	—	exited	−0.09 pp	—
BAXBaxter International Inc.	—	−108,210	—	exited	−0.09 pp	—
ETRAE*trade Financial Corp	—	−143,590	—	exited	−0.09 pp	—
GSGoldman Sachs Group Inc.	—	−29,200	—	exited	−0.09 pp	—
unresolvedPriceline Grp Inc	—	−4,231	—	exited	−0.09 pp	—
WDCWestern Digital Corp.	—	−93,040	—	exited	−0.09 pp	—
ABMDAbiomed Inc	—	−32,580	—	exited	−0.08 pp	—
ALKAlaska Air Group, Inc.	—	−86,580	—	exited	−0.08 pp	—
AXPAmerican Express Company	—	−65,320	—	exited	−0.08 pp	—
ANETArista Networks	—	−26,430	—	exited	−0.08 pp	—
FNFFidelity National Financial, Inc.	—	−169,890	—	exited	−0.08 pp	—
HASHasbro, Inc.	—	−74,060	—	exited	−0.08 pp	—
HUNHuntsman Corporation	—	−196,890	—	exited	−0.08 pp	—
PRIPrimerica, Inc.	—	−65,221	—	exited	−0.08 pp	—
SWKSSkyworks Solutions Inc	—	−66,380	—	exited	−0.08 pp	—
URIUnited Rentals, Inc.	—	−37,680	—	exited	−0.08 pp	—
RACEFerrari N.V.	—	−56,960	—	exited	−0.08 pp	—
BLKBBlackbaud, Inc.	—	−61,930	—	exited	−0.07 pp	—
PBRPetroleo Brasileiro S.a.-petrobras	—	−541,850	—	exited	−0.07 pp	—
NBISNebius Group N.V. Class A	—	−163,760	—	exited	−0.07 pp	—
CCThe Chemours Company	—	−102,860	—	exited	−0.06 pp	—
unresolvedFinish Line Inc	—	−282,707	—	exited	−0.05 pp	—
PETSPetMed Express, Inc.	—	−95,653	—	exited	−0.05 pp	—
QSRRestaurant Brands International Inc.	—	−61,949	—	exited	−0.05 pp	—
BDXBecton, Dickinson and Co.	—	−10,223	—	exited	−0.03 pp	—
GNCIQGnc Holdings Inc-cl A	—	−676,010	—	exited	−0.03 pp	—
HTZGQHertz Global Holdings Inc	—	−118,000	—	exited	−0.03 pp	—
CBRLCracker Barrel Old Country Store, Inc,.	—	−10,062	—	exited	−0.02 pp	—
PYPLPayPal Holdings, Inc.	—	−21,450	—	exited	−0.02 pp	—
SHWThe Sherwin-Williams Company	—	−4,745	—	exited	−0.02 pp	—
IMKTAIngles Markets Inc	—	−16,868	—	exited	−0.01 pp	—
ZUMZZumiez Inc.	—	−47,422	—	exited	−0.01 pp	—
MSTRStrategy Inc Class A	—	−717	—	exited	0.00 pp	—