Maverick Capital Opens Kohl’s and Macy’s Stock Positions, Lowers Comcast Stake in Q3

Wall St. Watchdog reveals information regarding Maverick Capital’s top holdings in the Services sector for the quarter ending September 30th, 2011. The firm held 18 stocks in the Services sector at the end of the quarter with an aggregate market value of $1.724 billion.

  • Apollo Group Inc. (NASDAQ:APOL): On 06/30/2011, Maverick Capital reported holding 9,504,075 shares with a market value of $415,137,999. This comprised 4.06% of the total portfolio. On 09/30/2011, Maverick Capital reported holding 8,162,735 shares with a market value of $323,325,938. This comprised 4.57% of the total portfolio. The net change in shares for this position over the two quarters is -1,341,340. About Company: Apollo Group, Inc. provides higher education programs for working adults. The Company provides educational programs and services at the high school, undergraduate, and graduate levels online and on-campus through subsidiaries.
  • Mckesson Corporation (NYSE:MCK): On 06/30/2011, Maverick Capital reported holding 0 shares. On 09/30/2011, Maverick Capital reported holding 4,432,558 shares with a market value of $322,246,953. This comprised 4.56% of the total portfolio. The net change in shares for this position over the two quarters is 4,432,558. About Company: McKesson Corporation distributes pharmaceuticals, medical-surgical supplies, and and health and beauty care products throughout North America. The Company also develops, implements, and supports software that facilitates the integration of data throughout the health enterprise. In addition, McKesson offers analytic, care management, and patient solutions for payers.
  • Time Warner Cable Inc. (NYSE:TWC): On 06/30/2011, Maverick Capital reported holding 3,609,068 shares with a market value of $281,651,670. This comprised 2.75% of the total portfolio. On 09/30/2011, Maverick Capital reported holding 2,947,268 shares with a market value of $184,705,280. This comprised 2.61% of the total portfolio. The net change in shares for this position over the two quarters is -661,800. About Company: Time Warner Cable Inc. offers cable television subscription services. The Company also offers Internet access and voice over Internet protocol telephone services.
  • Urban Outfitters Inc. (NASDAQ:URBN): On 06/30/2011, Maverick Capital reported holding 9,777,168 shares with a market value of $275,227,275. This comprised 2.69% of the total portfolio. On 09/30/2011, Maverick Capital reported holding 7,681,266 shares with a market value of $171,369,040. This comprised 2.42% of the total portfolio. The net change in shares for this position over the two quarters is -2,095,902. About Company: Urban Outfitters, Inc. operates retail stores and direct response, including a catalog and Web sites. The Company’s Urban Outfitters and Anthropologie retail concepts sell fashion apparel, accessories, and household and gift merchandise. Urban also designs and markets young women’s casual wear which it provides to the Company’s retail operations and sells to retailers worldwide.
  • Dollar General Corporation (NYSE:DG): On 06/30/2011, Maverick Capital reported holding 5,665,330 shares with a market value of $191,998,030. This comprised 1.88% of the total portfolio. On 09/30/2011, Maverick Capital reported holding 3,754,554 shares with a market value of $141,771,953. This comprised 2% of the total portfolio. The net change in shares for this position over the two quarters is -1,910,776. About Company: Dollar General Corp. operates a chain of discount retail stores located primarily in the southern, southwestern, midwestern and eastern United States. The Company offer a broad selection of merchandise, including consumable products such as food, paper and cleaning products, health and beauty products and pet supplies, and non-consumable products such as seasonal merchandise.
  • Macy’s Inc. (NYSE:M): On 06/30/2011, Maverick Capital reported holding 0 shares. On 09/30/2011, Maverick Capital reported holding 4,091,994 shares with a market value of $107,701,281. This comprised 1.52% of the total portfolio. The net change in shares for this position over the two quarters is 4,091,994. About Company: Macy’s, Inc. operates department stores in the United States. The Company also operates direct mail catalog and electronic commerce subsidiaries. Macy’s retail stores sell a wide range of merchandise, including men’s, women’s and children’s apparel and accessories, cosmetics, home furnishings and other consumer goods.
  • Home Inns & Hotels Management Inc. (NASDAQ:HMIN): On 06/30/2011, Maverick Capital reported holding 3,775,158 shares with a market value of $143,607,014. This comprised 1.4% of the total portfolio. On 09/30/2011, Maverick Capital reported holding 3,752,242 shares with a market value of $96,695,278. This comprised 1.37% of the total portfolio. The net change in shares for this position over the two quarters is -22,916. About Company: Home Inns & Hotels Management, Inc. operates a chain of budget hotels in the People’s Republic of China. The Company manages some of the hotels in its chain on behalf of franchisees.
  • Comcast Corporation (NASDAQ:CMCSA): On 06/30/2011, Maverick Capital reported holding 4,726,051 shares with a market value of $119,758,133. This comprised 1.17% of the total portfolio. On 09/30/2011, Maverick Capital reported holding 4,191,051 shares with a market value of $87,676,787. This comprised 1.24% of the total portfolio. The net change in shares for this position over the two quarters is -535,000. About Company: Comcast Corporation is a provider of video, high-speed Internet and phone services. The Company offers a variety of entertainment, information and communications services to residential and commercial customers. Comcast is headquartered in Philadelphia, Pennsylvania.
  • Kohl’s Corp. (NYSE:KSS): On 06/30/2011, Maverick Capital reported holding 0 shares. On 09/30/2011, Maverick Capital reported holding 1,618,019 shares with a market value of $79,444,730. This comprised 1.12% of the total portfolio. The net change in shares for this position over the two quarters is 1,618,019. About Company: Kohl’s Corporation operates a chain of family-oriented department stores. The Company’s stores feature apparel, footwear and accessories for women, men and children; soft home products such as sheets and pillows; and housewares targeted to middle income customers. Kohl’s also offers online shopping as well as offers store credit cards.
  • Directv (NASDAQ:DTV): On 06/30/2011, Maverick Capital reported holding 5,579,777 shares with a market value of $283,564,265. This comprised 2.77% of the total portfolio. On 09/30/2011, Maverick Capital reported holding 1,423,800 shares with a market value of $60,184,027. This comprised 0.85% of the total portfolio. The net change in shares for this position over the two quarters is -4,155,977. About Company: DIRECTV provides digital television entertainment in the United States and Latin America. The Company acquires, promotes, sells and distributes digital entertainment programming via satellite to residential and commercial subscribers.

(Note: Data regarding Maverick Capital’s stock holdings are sourced from whalewisdom.com. All data are assumed to be accurate.)

Advantage: Check out our interactive stock charts, fundamentals, Twitter stream, and more >>

Improve Your 2011 Financial Health: Join the winning team of stock pickers with Wall St. Cheat Sheet’s acclaimed premium newsletter>>

More from The Cheat Sheet