iBankCoin
Joined Nov 11, 2007
31,929 Blog Posts

Maverick Capital Taking a Drubbing

Ten billion dollar hedge fund,  Maverick Capital (based out of Dallas), founded by suspected “sham system operator” Lee Ainslie and the Wyly brothers (Evan, Sam, Charles) are having their collective heads handed to them this week, long a plethora of stocks that have fallen victim to the market guillotine.

Here are the 1 week returns for some of their biggest holdings:

FNSR -35%

URBN -16%

MRVL -10%

VIT -10%

SWKS -6%

Additionally, according to recent filings, they own more than 3% of SVN, down more than 12% today.

On the flip side, again according to recent filings, they own more than 9% of retailer PLCE, up 12% during today’s trading session so far.

Other sizable holdings include: SWI, CSII, IRWD, HMIN, LFT, PWRD, APOL and PACB

Post to Twitter Post to Digg Post to Facebook

If you enjoy the content at iBankCoin, please follow us on Twitter