Maverick Capital

Q3 2018 13F · by Lee Ainslie, founder

As of: Sep 30, 2018
Filed: Nov 14, 2018
US stock: $8.0B · prev $8.6B
Positions: 238 · prev 235
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%

Moves302 since the prior filing

+35.2 pp in · −35.5 pp out

New 70 +10.93 pp
Added 71 +24.31 pp
Trimmed 94 −19.66 pp
Exited 67 −15.84 pp

The book

Diversified · behaves like 40 equal-sized positions

Very concentrated
Concentrated
Focused
Diversified

High turnover · 131% a year, about 0.8 years per position

Low
Moderate
High

Top 5 positions24% of US stock

MSFT Microsoft Corp trimmed+0.45 pp trimmed+0.455.4%
DIS The Walt Disney Company trimmed+0.70 pp trimmed+0.705.2%
DXC DXC Technology Company added+3.71 pp added+3.714.7%
TMUS T-Mobile US, Inc. added+0.94 pp added+0.944.5%
INTC Intel Corp added+0.54 pp added+0.544.1%

Positions238 in this filing · 67 exited


MSFTMicrosoft Corp	5.40%	3,795,973	$434M	trimmed−12%	+0.45 pp	5 q
DISThe Walt Disney Company	5.16%	3,549,228	$415M	trimmed−3%	+0.70 pp	2 q
DXCDXC Technology Company	4.70%	4,038,765	$378M	added×3.9	+3.71 pp	6 q
TMUST-Mobile US, Inc.	4.53%	5,183,994	$364M	added+1%	+0.94 pp	5 q
INTCIntel Corp	4.08%	6,942,889	$328M	added+14%	+0.54 pp	4 q
UHSUniversal Health Services, Inc. Class B	3.83%	2,410,208	$308M	trimmed−15%	+0.15 pp	16 q
ELVElevance Health, Inc.	3.56%	1,044,162	$286M	added×31.6	+3.47 pp	13 q
WCNWaste Connections, Inc.	3.49%	3,512,360	$280M	added+4%	+0.53 pp	10 q
MAMastercard Incorporated	3.36%	1,214,390	$270M	added+6%	+0.74 pp	15 q
SCHWThe Charles Schwab Corporation	3.05%	4,988,172	$245M	added+20%	+0.56 pp	4 q
LRCXLam Research Corp	3.02%	1,601,501	$243M	added×46.0	+2.95 pp	11 q
unresolvedShire PLC	2.97%	1,315,199	$238M	trimmed−11%	+0.07 pp	11 q
LOWLowe's Companies Inc.	2.50%	1,749,380	$201M	trimmed−19%	+0.10 pp	6 q
BIDUBaidu, Inc.	2.44%	856,980	$196M	added×29.8	+2.36 pp	5 q
BUDAnheuser-Busch INBEV SA/NV	2.18%	1,996,752	$175M	added+20%	+0.22 pp	22 q
ADBEAdobe Inc.	2.12%	631,285	$170M	trimmed−24%	−0.24 pp	21 q
BABAAlibaba Group Holding Limited	2.11%	1,030,168	$170M	trimmed−9%	−0.35 pp	5 q
PRSPPerspecta Inc	2.02%	6,308,240	$162M	added+94%	+1.24 pp	2 q
VISNVistance Networks, Inc.	1.79%	4,676,699	$144M	added×2.6	+1.17 pp	2 q
unresolvedCBS Corp	1.66%	2,322,965	$133M	new	+1.66 pp	new
ALNYAlnylam Pharmaceuticals, Inc.	1.65%	1,512,064	$132M	added×2.2	+0.87 pp	2 q
STZConstellation Brands, Inc.	1.65%	616,427	$133M	new	+1.65 pp	new
unresolvedDowdupont Inc	1.54%	1,927,260	$124M	trimmed−49%	−1.35 pp	5 q
CNCCentene Corporation	1.45%	804,083	$116M	trimmed−42%	−0.54 pp	3 q
IPHIInphi Corporation	0.87%	1,831,477	$70M	trimmed−0%	+0.17 pp	3 q
GPKGraphic Packaging Holding Company	0.85%	4,895,636	$69M	added0%	+0.02 pp	2 q
BTIBritish American Tobacco p.l.c.	0.84%	1,450,686	$68M	added+13%	+0.08 pp	4 q
SPOTSpotify Technology S.A.	0.83%	368,806	$67M	trimmed−9%	+0.03 pp	2 q
AMATApplied Materials Inc	0.82%	1,701,997	$66M	added×9.5	+0.72 pp	9 q
PACBPacific Biosciences of California, Inc.	0.82%	12,173,094	$66M	held	—	22 q
BAXBaxter International Inc.	0.80%	832,450	$64M	new	+0.80 pp	new
YUMYum! Brands, Inc.	0.60%	531,190	$48M	new	+0.60 pp	new
TJXTJX Companies, Inc. (The)	0.56%	403,480	$45M	added+9%	+0.15 pp	9 q
LUVSouthwest Airlines Co.	0.54%	698,830	$44M	added×25.9	+0.52 pp	15 q
MDCOMedicines Co	0.51%	1,364,837	$41M	added+13%	−0.01 pp	3 q
AAPAdvance Auto Parts Inc	0.48%	228,610	$38M	added×6.2	+0.42 pp	3 q
AZOAutoZone, Inc.	0.46%	47,430	$37M	added×11.6	+0.43 pp	2 q
CIENCiena Corporation	0.44%	1,128,681	$35M	trimmed−71%	−0.78 pp	4 q
unresolvedMichael Kors Hldgs Ltd	0.44%	513,310	$35M	trimmed−15%	−0.03 pp	3 q
AALAmerican Airlines Group Inc.	0.42%	808,590	$33M	new	+0.42 pp	new
MHKMohawk Industries, Inc.	0.39%	178,965	$31M	trimmed−88%	−3.34 pp	3 q
TGTTarget Corporation	0.39%	353,590	$31M	added+27%	+0.14 pp	2 q
BIGGQBig Lots Inc	0.38%	735,876	$31M	added×3.7	+0.28 pp	2 q
PVHPVH Corp.	0.38%	212,260	$31M	new	+0.38 pp	new
RLRalph Lauren Corporation	0.37%	214,780	$30M	trimmed−22%	−0.03 pp	3 q
PLAYDave & Buster's Entertainment, Inc.	0.35%	430,640	$29M	added×8.3	+0.32 pp	2 q
DDSDillard's, Inc. Class A	0.35%	366,780	$28M	added+23%	+0.02 pp	3 q
PRKSUnited Parks & Resorts Inc.	0.34%	880,223	$28M	trimmed−13%	+0.08 pp	4 q
DALDelta Air Lines, Inc.	0.33%	459,080	$27M	added+72%	+0.18 pp	2 q
TSCOTractor Supply Co	0.32%	282,980	$26M	added+22%	+0.11 pp	2 q
GU9Guess? Inc	0.31%	1,098,220	$25M	trimmed−3%	+0.03 pp	3 q
ORLYO'Reilly Automotive, Inc.	0.31%	72,450	$25M	trimmed−26%	0.00 pp	3 q
KKRKKR & Co. Inc.	0.30%	886,036	$24M	new	+0.30 pp	new
UALUnited Airlines Holdings, Inc.	0.28%	256,310	$23M	new	+0.28 pp	new
LBBath & Body Works, Inc.	0.27%	723,589	$22M	added×3.6	+0.18 pp	2 q
JWNNordstrom, Inc.	0.27%	356,950	$21M	trimmed−23%	−0.01 pp	3 q
DRIDarden Restaurants, Inc.	0.26%	188,190	$21M	added×49.1	+0.26 pp	2 q
LULUlululemon athletica inc.	0.25%	126,050	$20M	trimmed−46%	−0.09 pp	3 q
PLCEChildren's Place, Inc.	0.24%	149,250	$19M	trimmed−42%	−0.13 pp	5 q
unresolvedDsw Inc	0.24%	581,290	$20M	trimmed−50%	−0.11 pp	5 q
CROXCrocs, Inc.	0.23%	853,117	$18M	added×19.0	+0.22 pp	6 q
MTCHMatch Group, Inc	0.22%	307,102	$18M	new	+0.22 pp	new
SBHSally Beauty Holdings, Inc.	0.20%	879,520	$16M	added×4.4	+0.16 pp	2 q
KEYKeyCorp	0.19%	759,690	$15M	added×4.4	+0.15 pp	2 q
TXRHTexas Roadhouse, Inc.	0.18%	204,820	$14M	new	+0.18 pp	new
WOOFoot Locker Inc	0.16%	248,310	$13M	new	+0.16 pp	new
CAKECheesecake Factory (The)	0.15%	222,116	$12M	added+4%	+0.01 pp	3 q
CNKCinemark Holdings, Inc.	0.14%	271,230	$11M	added+16%	+0.04 pp	2 q
unresolvedAmc Entmt Hldgs Inc	0.13%	519,840	$11M	trimmed−16%	+0.01 pp	3 q
EATBrinker International, Inc.	0.13%	221,860	$10M	new	+0.13 pp	new
FTNTFortinet, Inc.	0.13%	109,770	$10M	new	+0.13 pp	new
MOHMolina Healthcare, Inc.	0.13%	70,290	$10M	new	+0.13 pp	new
USBU.S. Bancorp	0.13%	190,770	$10M	new	+0.13 pp	new
HCCWarrior Met Coal, Inc.	0.13%	385,580	$10M	added+7%	+0.01 pp	2 q
WCGWellcare Health Plans, Inc.	0.13%	31,890	$10M	trimmed−34%	−0.01 pp	4 q
FRGIFiesta Restaurant Group, Inc.	0.12%	354,104	$9M	trimmed−18%	−0.03 pp	3 q
HUMHumana Inc.	0.12%	27,480	$9M	trimmed−24%	−0.01 pp	6 q
JBLUJetBlue Airways Corp	0.12%	494,712	$10M	new	+0.12 pp	new
MKCMcCormick & Company, Incorporated Non-VTG CS	0.12%	72,640	$10M	new	+0.12 pp	new
NEWMUSA TODAY Co., Inc.	0.12%	632,333	$10M	trimmed−6%	−0.02 pp	2 q
QCOMQualcomm Inc	0.12%	129,780	$9M	new	+0.12 pp	new
TDGTransDigm Group Incorporated	0.12%	25,550	$10M	new	+0.12 pp	new
ARCHArch Resources Inc	0.11%	100,360	$9M	new	+0.11 pp	new
BKNGBooking Holdings Inc.	0.11%	4,355	$9M	added+1%	+0.01 pp	3 q
BMYBristol-Myers Squibb Co.	0.11%	148,610	$9M	new	+0.11 pp	new
CVLTCommvault Systems, Inc.	0.11%	126,490	$9M	trimmed−12%	0.00 pp	2 q
EAElectronic Arts Inc	0.11%	73,590	$9M	added+2%	−0.01 pp	8 q
GNRCGenerac Holdings Inc	0.11%	152,110	$9M	trimmed−20%	−0.01 pp	4 q
PFEPfizer Inc.	0.11%	204,950	$9M	new	+0.11 pp	new
QRVOQorvo, Inc.	0.11%	118,130	$9M	new	+0.11 pp	new
TSGIStars Group INC/THE	0.11%	353,040	$9M	added+3%	−0.03 pp	2 q
VEEVVeeva Systems Inc.	0.11%	78,690	$9M	new	+0.11 pp	new
ZTSZoetis Inc.	0.11%	97,010	$9M	trimmed−18%	−0.01 pp	3 q
SIGSignet Jewelers Limited	0.11%	137,351	$9M	new	+0.11 pp	new
BXBlackstone Inc.	0.10%	202,780	$8M	added+45%	+0.05 pp	2 q
CEOCNOOC Limited	0.10%	38,990	$8M	new	+0.10 pp	new
LEALear Corporation	0.10%	55,520	$8M	added+9%	−0.01 pp	12 q
PBRPetroleo Brasileiro S.a.-petrobras	0.10%	632,780	$8M	added+2%	+0.03 pp	2 q
S9QSpirit Aerosystems Hold-cl A	0.10%	87,820	$8M	added+30%	+0.03 pp	8 q
STMPStamps.com, Inc.	0.10%	35,240	$8M	new	+0.10 pp	new
TRNTrinity Industries, Inc.	0.10%	227,630	$8M	new	+0.10 pp	new
VRSVerso Corporation	0.10%	249,316	$8M	trimmed−43%	−0.01 pp	2 q
VMWVMware, Inc	0.10%	49,800	$8M	trimmed−25%	−0.01 pp	9 q
ANFAbercrombie & Fitch Co.	0.09%	326,350	$7M	new	+0.09 pp	new
BHCBausch Health Companies Inc	0.09%	272,870	$7M	new	+0.09 pp	new
BABoeing Company	0.09%	19,270	$7M	trimmed−9%	+0.01 pp	4 q
unresolvedCigna Corporation	0.09%	36,160	$8M	trimmed−18%	0.00 pp	3 q
CTLLumen Technologies, Inc.	0.09%	335,730	$7M	new	+0.09 pp	new
COPConocoPhillips	0.09%	94,330	$7M	trimmed−17%	0.00 pp	2 q
ETRAE*trade Financial Corp	0.09%	132,350	$7M	new	+0.09 pp	new
EBAYeBay Inc	0.09%	221,400	$7M	trimmed−6%	−0.01 pp	12 q
unresolvedExpress Inc	0.09%	650,077	$7M	trimmed−58%	−0.08 pp	2 q
JNJJohnson & Johnson	0.09%	53,950	$7M	trimmed−27%	−0.01 pp	10 q
KLICKulicke & Soffa Industries Inc	0.09%	292,080	$7M	new	+0.09 pp	new
LEXEALiberty Expedia Holdings, Inc. Class A	0.09%	154,440	$7M	new	+0.09 pp	new
MSMorgan Stanley	0.09%	152,420	$7M	trimmed−13%	−0.01 pp	2 q
PRAAPRA Group, Inc.	0.09%	200,936	$7M	new	+0.09 pp	new
TECKTeck Resources Limited	0.09%	307,680	$7M	added+12%	+0.01 pp	3 q
TERTeradyne, Inc.	0.09%	193,520	$7M	new	+0.09 pp	new
TSUTIM Participacoes S.A.	0.09%	478,060	$7M	added+14%	+0.01 pp	2 q
unresolvedXcerra Corp	0.09%	489,610	$7M	new	+0.09 pp	new
ATHAthene Holding Ltd-class A	0.09%	137,720	$7M	trimmed−17%	0.00 pp	2 q
LBTYKLiberty Global Ltd. Class C	0.09%	267,540	$8M	trimmed−1%	+0.01 pp	3 q
unresolvedOcean Rig Udw Inc	0.09%	209,460	$7M	new	+0.09 pp	new
RIGTransocean LTD.	0.09%	538,750	$8M	trimmed−5%	0.00 pp	3 q
CHKPCheck Point Software Technologies Ltd	0.09%	60,190	$7M	new	+0.09 pp	new
CMPRCimpress PLC (Ireland)	0.09%	50,410	$7M	new	+0.09 pp	new
ALLYAlly Financial Inc.	0.08%	239,770	$6M	trimmed−14%	−0.01 pp	5 q
GOOGAlphabet Inc. Class C	0.08%	5,080	$6M	trimmed−99%	−5.25 pp	16 q
CITCIT Group Inc.	0.08%	123,480	$6M	trimmed−19%	−0.01 pp	2 q
CDNSCadence Design Systems	0.08%	137,770	$6M	trimmed−19%	−0.01 pp	13 q
CTXSCitrix Systems Inc	0.08%	57,790	$6M	trimmed−16%	0.00 pp	13 q
CTSHCognizant Technology Solutions	0.08%	88,460	$7M	trimmed−13%	−0.01 pp	4 q
COLLCollegium Pharmaceutical, Inc.	0.08%	421,993	$6M	trimmed−1%	−0.04 pp	2 q
EWEdwards Lifesciences Corp	0.08%	39,160	$7M	trimmed−62%	−0.09 pp	10 q
EXPEExpedia Group, Inc.	0.08%	48,920	$6M	trimmed−17%	0.00 pp	5 q
WUBA58.COM Inc	0.08%	83,420	$6M	trimmed−5%	+0.01 pp	2 q
GTNGray Media, Inc.	0.08%	372,460	$7M	trimmed−42%	−0.04 pp	3 q
HESHess Corporation	0.08%	93,080	$7M	trimmed−21%	−0.01 pp	2 q
MMacy's Inc.	0.08%	189,940	$7M	new	+0.08 pp	new
MEOHMethanex Corp	0.08%	78,000	$6M	added+19%	+0.03 pp	2 q
MNSTMonster Beverage Corporation	0.08%	114,580	$7M	new	+0.08 pp	new
unresolvedNew Oriental Ed & Tech Grp I	0.08%	85,180	$6M	added+15%	0.00 pp	6 q
SMSM Energy Company	0.08%	215,350	$7M	trimmed−22%	0.00 pp	3 q
BIDTribeca Strategic Acquisition Corp. Class A	0.08%	125,050	$6M	trimmed−1%	0.00 pp	5 q
TSMTaiwan Semiconductor Manufacturing Company Ltd.	0.08%	153,430	$7M	trimmed−19%	0.00 pp	8 q
TPRTapestry, Inc.	0.08%	121,790	$6M	trimmed−21%	0.00 pp	4 q
TXNTexas Instruments Incorporated	0.08%	57,330	$6M	trimmed−11%	0.00 pp	3 q
UNHUNITEDHEALTH GROUP INCORPORATED (Delaware)	0.08%	24,820	$7M	trimmed−19%	−0.01 pp	6 q
VVISA Inc.	0.08%	45,500	$7M	trimmed−95%	−1.39 pp	6 q
YYJOYY Inc.	0.08%	88,100	$7M	added+42%	+0.01 pp	3 q
HLFHerbalife Ltd.	0.08%	124,430	$7M	trimmed−16%	−0.01 pp	2 q
JAZZJazz Pharmaceuticals, Inc.	0.08%	36,880	$6M	trimmed−12%	0.00 pp	11 q
MOAltria Group, Inc.	0.07%	86,830	$5M	new	+0.07 pp	new
CASYCasey's General Stores Inc	0.07%	40,954	$5M	trimmed−84%	−0.25 pp	2 q
CVCOCavco Industries Inc.	0.07%	21,000	$5M	added+66%	+0.04 pp	2 q
CFGCitizens Financial Group, Inc.	0.07%	151,080	$6M	trimmed−12%	−0.01 pp	6 q
GLWCorning Incorporated	0.07%	157,370	$6M	new	+0.07 pp	new
CACCCredit Acceptance Corp	0.07%	13,290	$6M	trimmed−32%	−0.01 pp	5 q
METAMeta Platforms, Inc. Class A	0.07%	36,640	$6M	trimmed−99%	−5.52 pp	15 q
KSSKohls Corporation	0.07%	72,000	$5M	trimmed−24%	−0.01 pp	5 q
MUMicron Technology, Inc.	0.07%	115,590	$5M	trimmed−9%	−0.01 pp	2 q
PHParker-Hannifin Corporation	0.07%	32,100	$6M	new	+0.07 pp	new
BTUPeabody Energy Corporation	0.07%	168,100	$6M	trimmed−6%	−0.03 pp	2 q
SCSantander Consumer USA Holdings Inc	0.07%	285,420	$6M	trimmed−26%	−0.02 pp	3 q
TALTAL Education Group	0.07%	212,740	$5M	added+27%	0.00 pp	10 q
WWayfair Inc.	0.07%	37,200	$5M	added×4.8	+0.06 pp	2 q
ENDPQEndo International PLC	0.07%	319,890	$5M	new	+0.07 pp	new
unresolvedHorizon Pharma PLC	0.07%	299,590	$6M	new	+0.07 pp	new
STXNSeagate Technology Holdings PLC (Ireland)	0.07%	113,570	$5M	new	+0.07 pp	new
SINASina Corp	0.07%	86,570	$6M	added+12%	−0.01 pp	4 q
unresolvedFiat Chrysler Automobiles NV s	0.07%	339,720	$6M	added+16%	+0.01 pp	4 q
CSLTCastlight Health, Inc.	0.06%	1,771,350	$5M	held	—	19 q
KRThe Kroger Co.	0.06%	179,180	$5M	new	+0.06 pp	new
MNROMonro, Inc.	0.06%	68,832	$5M	added×4.1	+0.05 pp	2 q
PCARPaccar Inc	0.06%	69,580	$5M	added+17%	+0.02 pp	2 q
WSTWest Pharmaceutical Services, Inc.	0.06%	42,160	$5M	new	+0.06 pp	new
WSMWilliams-Sonoma, Inc.	0.06%	74,850	$5M	new	+0.06 pp	new
BBarnes Group Inc	0.05%	54,330	$4M	added+29%	+0.02 pp	2 q
BDXBecton, Dickinson and Co.	0.05%	14,110	$4M	trimmed−36%	−0.01 pp	2 q
CHDNChurchill Downs Inc	0.05%	15,470	$4M	trimmed−38%	−0.04 pp	2 q
CAGConagra Brands, Inc.	0.05%	120,860	$4M	added+27%	+0.01 pp	2 q
DINDine Brands Global, Inc.	0.05%	47,401	$4M	added×2.5	+0.03 pp	4 q
GCOGenesco Inc.	0.05%	85,490	$4M	trimmed−6%	+0.01 pp	3 q
FIXXQ32 Bio Inc	0.05%	166,249	$4M	trimmed−77%	−0.12 pp	3 q
KEYSKeysight Technologies, Inc.	0.05%	58,750	$4M	added+46%	+0.02 pp	2 q
POSTPost Holdings, Inc.	0.05%	39,840	$4M	trimmed−19%	0.00 pp	2 q
RHRh	0.05%	29,330	$4M	trimmed−80%	−0.19 pp	2 q
RMDResMed Inc.	0.05%	38,120	$4M	trimmed−22%	−0.01 pp	2 q
RUTHRuth's Hospitality Group, Inc.	0.05%	123,707	$4M	added×32.9	+0.05 pp	2 q
SEESealed Air Corp New	0.05%	99,770	$4M	added+55%	+0.02 pp	2 q
TIFTiffany & Co.	0.05%	29,861	$4M	trimmed−85%	−0.26 pp	6 q
PNRPentair plc	0.05%	90,390	$4M	added+19%	+0.01 pp	2 q
ALGNAlign Technology Inc	0.04%	7,690	$3M	trimmed−63%	−0.04 pp	6 q
ARNCHowmet Aerospace Inc.	0.04%	140,580	$3M	new	+0.04 pp	new
CERNCerner Corp	0.04%	49,820	$3M	trimmed−8%	0.00 pp	2 q
DARDarling Ingredients Inc.	0.04%	164,190	$3M	trimmed−49%	−0.03 pp	2 q
FMCFMC Corporation	0.04%	40,380	$4M	new	+0.04 pp	new
HTZGQHertz Global Holdings Inc	0.04%	189,602	$3M	new	+0.04 pp	new
KLKirkland Lake Gold Ltd Ordinary	0.04%	154,100	$3M	new	+0.04 pp	new
PEPPepsiCo, Inc.	0.04%	31,360	$4M	new	+0.04 pp	new
ZUMZZumiez Inc.	0.04%	114,724	$3M	added×2.9	+0.03 pp	2 q
ADSKAutodesk Inc	0.03%	17,280	$3M	new	+0.03 pp	new
CALCaleres Inc	0.03%	72,770	$3M	added×3.1	+0.02 pp	2 q
CHDChurch & Dwight Co., Inc.	0.03%	36,880	$2M	added+29%	+0.01 pp	2 q
KOCoca-Cola Company	0.03%	55,480	$3M	new	+0.03 pp	new
FASTFastenal Co	0.03%	45,590	$3M	trimmed−48%	−0.02 pp	2 q
GPROGoPro, Inc.	0.03%	373,220	$3M	added+29%	+0.01 pp	2 q
HAEHaemonetics Corporation	0.03%	20,830	$2M	new	+0.03 pp	new
RRXRegal Rexnord Corporation	0.03%	32,220	$3M	new	+0.03 pp	new
SNASnap-on Incorporated	0.03%	11,910	$2M	trimmed−66%	−0.04 pp	2 q
unresolvedSonic Corp	0.03%	50,772	$2M	added+31%	+0.01 pp	2 q
TMOThermo Fisher Scientific, Inc.	0.03%	11,330	$3M	new	+0.03 pp	new
XUnited States Steel Corp	0.03%	72,850	$2M	added+29%	+0.01 pp	3 q
VFCV.F. Corporation	0.03%	22,910	$2M	added×13.1	+0.03 pp	3 q
ACHCAcadia Healthcare Company, Inc.	0.02%	54,940	$2M	new	+0.02 pp	new
BCBrunswick Corporation	0.02%	28,560	$2M	added0%	0.00 pp	2 q
DFODQDean Foods Co	0.02%	249,800	$2M	added×4.0	+0.01 pp	2 q
FRANFrancesca's Holdings Corporation	0.02%	339,450	$1M	added×2.1	+0.01 pp	2 q
MIKMichaels Stores, Inc	0.02%	102,803	$2M	new	+0.02 pp	new
NUENucor Corporation	0.02%	30,370	$2M	trimmed−77%	−0.08 pp	2 q
PLNTPlanet Fitness, Inc.	0.02%	35,340	$2M	new	+0.02 pp	new
SWKSSkyworks Solutions Inc	0.02%	20,640	$2M	new	+0.02 pp	new
SLCAU.s. Silica Holdings, Inc.	0.02%	77,930	$1M	trimmed−40%	−0.02 pp	2 q
WINGWingstop Inc	0.02%	27,526	$2M	new	+0.02 pp	new
ETNEaton Corporation, plc	0.02%	21,940	$2M	new	+0.02 pp	new
unresolvedBarnes & Noble Inc	0.01%	189,223	$1M	trimmed−61%	−0.03 pp	6 q
BBYD20230930-DK-BUTTERFLY-1 Inc	0.01%	44,150	$662,000	new	+0.01 pp	new
CHSChicos FAS, Inc.	0.01%	65,590	$569,000	trimmed−95%	−0.11 pp	4 q
CMGChipotle Mexican Grill, Inc.	0.01%	1,020	$464,000	trimmed−94%	−0.08 pp	2 q
COLMColumbia Sportswear Co	0.01%	9,420	$877,000	trimmed−90%	−0.09 pp	6 q
HB6Hibbett Inc	0.01%	35,000	$658,000	trimmed−95%	−0.18 pp	5 q
SHLDSears Holdings Corp	0.01%	776,110	$751,000	trimmed−67%	−0.05 pp	3 q
LOPEGrand Canyon Education, Inc	0.00%	2,678	$302,000	trimmed−97%	−0.12 pp	6 q
unresolvedNational Gen Hldgs Corp	0.00%	2,880	$77,000	new	0.00 pp	new
OXMOxford Industries, Inc.	0.00%	2,190	$198,000	trimmed−82%	−0.01 pp	3 q
QSRRestaurant Brands International Inc.	0.00%	5,250	$311,000	new	0.00 pp	new
WTWWillis Towers Watson Public Limited Company	0.00%	2,186	$157,000	held	—	8 q
DLTRDollar Tree Inc.	—	−4,254,654	—	exited	−4.23 pp	—
unresolvedEnvision Healthcare Corp	—	−6,746,498	—	exited	−3.47 pp	—
AAOIApplied Optoelectronics, Inc.	—	−1,914,835	—	exited	−1.00 pp	—
FLTCorpay, Inc.	—	−316,579	—	exited	−0.78 pp	—
AMRXAmneal Pharmaceuticals, Inc. Class A	—	−2,784,753	—	exited	−0.53 pp	—
HDHome Depot, Inc.	—	−186,780	—	exited	−0.43 pp	—
DECKDeckers Outdoor Corp	—	−246,400	—	exited	−0.33 pp	—
WMTWalmart Inc.	—	−317,310	—	exited	−0.32 pp	—
GAPThe Gap, Inc.	—	−764,610	—	exited	−0.29 pp	—
unresolvedGrubhub Inc	—	−218,420	—	exited	−0.27 pp	—
URBNUrban Outfitters Inc	—	−476,410	—	exited	−0.25 pp	—
AEOAmerican Eagle Outfitters	—	−712,190	—	exited	−0.19 pp	—
GPCGenuine Parts Company	—	−165,209	—	exited	−0.18 pp	—
STLDSteel Dynamics Inc	—	−266,910	—	exited	−0.14 pp	—
TWTRTwitter, Inc.	—	−256,680	—	exited	−0.13 pp	—
ISRGIntuitive Surgical Inc.	—	−22,010	—	exited	−0.12 pp	—
NVDANvidia Corp	—	−42,780	—	exited	−0.12 pp	—
SPGIS&P Global Inc.	—	−52,340	—	exited	−0.12 pp	—
CRICarter's Inc.	—	−83,360	—	exited	−0.11 pp	—
unresolvedDun & Bradstreet Corp/The	—	−78,210	—	exited	−0.11 pp	—
EVREvercore Inc.	—	−90,290	—	exited	−0.11 pp	—
unresolvedKkr & Co L P DEL	—	−368,860	—	exited	−0.11 pp	—
SYU1Synovus Financial Corp	—	−172,100	—	exited	−0.11 pp	—
FFIVF5, Inc.	—	−47,580	—	exited	−0.10 pp	—
ONON Semiconductor Corp	—	−369,130	—	exited	−0.10 pp	—
MTBM&T Bank Corp.	—	−46,900	—	exited	−0.09 pp	—
MSGSMadison Square Garden Sports Corp.	—	−24,660	—	exited	−0.09 pp	—
SONYSony Group Corporation	—	−157,280	—	exited	−0.09 pp	—
SBUXStarbucks Corp	—	−151,190	—	exited	−0.09 pp	—
unresolvedValeant Pharmaceuticals Intl	—	−325,790	—	exited	−0.09 pp	—
ABEVAmbev S.a.	—	−1,445,120	—	exited	−0.08 pp	—
BBLBHP Group Plc	—	−157,410	—	exited	−0.08 pp	—
DFSDiscover Financial Services	—	−94,640	—	exited	−0.08 pp	—
ENTGEntegris Inc	—	−200,180	—	exited	−0.08 pp	—
NAVINavient Corporation	—	−508,340	—	exited	−0.08 pp	—
RFRegions Financial Corp.	—	−393,060	—	exited	−0.08 pp	—
TDCTeradata Corporation	—	−177,560	—	exited	−0.08 pp	—
VALEVale S.a.	—	−525,060	—	exited	−0.08 pp	—
unresolvedRowan Cos PLC	—	−443,940	—	exited	−0.08 pp	—
GRMNGarmin Ltd	—	−108,920	—	exited	−0.08 pp	—
AAPLApple Inc.	—	−31,970	—	exited	−0.07 pp	—
BJRIBJ's Restaurants, Inc.	—	−104,420	—	exited	−0.07 pp	—
PIIPolaris Inc.	—	−50,570	—	exited	−0.07 pp	—
RHTRed Hat Inc	—	−45,350	—	exited	−0.07 pp	—
EMNEastman Chemical Company	—	−53,750	—	exited	−0.06 pp	—
RYAMRayonier Advanced Materials Inc.	—	−316,340	—	exited	−0.06 pp	—
HUNHuntsman Corporation	—	−131,850	—	exited	−0.05 pp	—
LYBLyondellBasell Industries N.V. Class A	—	−40,240	—	exited	−0.05 pp	—
ASHAshland Inc.	—	−47,220	—	exited	−0.04 pp	—
KMBKimberly-Clark Corp.	—	−29,350	—	exited	−0.04 pp	—
WWWWolverine World Wide, Inc.	—	−87,130	—	exited	−0.04 pp	—
GWREGuidewire Software, Inc.	—	−24,730	—	exited	−0.03 pp	—
LPXLouisiana-Pacific Corp.	—	−80,330	—	exited	−0.03 pp	—
SHOOSteven Madden Ltd	—	−48,280	—	exited	−0.03 pp	—
OLNOlin Corp.	—	−77,790	—	exited	−0.03 pp	—
MMM3M Company	—	−11,300	—	exited	−0.03 pp	—
unresolvedZoes Kitchen Inc	—	−304,420	—	exited	−0.03 pp	—
ALBAlbemarle Corporation	—	−19,890	—	exited	−0.02 pp	—
DGDollar General Corp.	—	−13,620	—	exited	−0.02 pp	—
INTUIntuit Inc	—	−9,870	—	exited	−0.02 pp	—
MDSOMedidata Solutions, Inc.	—	−21,600	—	exited	−0.02 pp	—
ROSTRoss Stores Inc	—	−19,160	—	exited	−0.02 pp	—
SFLYShutterfly, Inc.	—	−17,380	—	exited	−0.02 pp	—
PATKPatrick Industries Inc	—	−22,280	—	exited	−0.01 pp	—
SHWThe Sherwin-Williams Company	—	−1,520	—	exited	−0.01 pp	—
PETSPetMed Express, Inc.	—	−5,525	—	exited	0.00 pp	—
WENThe Wendy's Company	—	−10,540	—	exited	0.00 pp	—