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MAVERICK CAPITAL LTD
Backtest

MAVERICK CAPITAL LTD

What you'd have made by mirroring MAVERICK CAPITAL LTD's public 13F filings, starting with $10,000 on Aug 14, 2013 and rebalancing at every disclosure through Jun 2, 2026.

52 filings replayed1727 of 2086 CUSIPs mapped to tickers4975 closed trades239 still open
BenchmarkRussell 2000US small-cap

Equity curve

$10,000 mirrored · vs IWM
$10k$20k$30k$40k2015201720192021202320252026
Mirror portfolio$10k in IWM
Mirror — final
$44.03K
IWM — final
$32.81K
Mirror return
+340.3%
Excess return vs IWM
+112.1%

Risk profile

Weekly mirror returns vs IWM · rf ≈ 4%
Sharpe
0.37
Max drawdown
-58.2%
Beta vs IWM
0.63
Information ratio
0.13
CAGR
+12.3%
Volatility (ann.)
22.3%
Sortino
0.33
α (Jensen, ann.)
+4.7%
Tracking error
19.8%
Upside capture
71%
Downside capture
59%
Window
12.8y

Drawdown

Underwater curve — distance below running peak
-60%-40%-20%0%-58.2%2015201720192021202320252026

Largest drawdown: -58.2% from 2021-07-14 to 2022-05-11 · recovered 2025-08-13.

Style decomposition

38% · 668 weekly obs

Multivariate regression of weekly mirror excess return on five style factors built from the benchmark ETFs: SPY (market), IWM−SPY (size), QQQ−SPY (growth), EFA−SPY (international), AGG−SPY (bonds). The intercept is the “true alpha” after stripping these passive tilts. ✓ marks loadings whose |t-stat| ≥ 2 (≈ 95% confidence the loading is non-zero).

Market (β)
+1.03
Size tilt
+0.39
Growth tilt
+0.45
International tilt
+0.16
Bond tilt
+0.33
α (style-adjusted)
+2.9%
38%
α t-stat
0.58
Observations
668

Rolling 1y alpha

Trailing 52w mirror return − IWM return
-20%0%+20%avg +3.5%now -11.8%201520162017201820192020202120222023202420252026

Whether the headline alpha was earned recently or decades ago. Bands above the zero line are quarters where the mirror beat IWM on a trailing-year basis; bands below are quarters where it lost ground. A flat positive line = steady outperformance; a curve that crosses often = regime-dependent strategy.

Realized P&L · closed trades

Cumulative profit from positions opened and later sold
$0$2.0k$4.0k$6.0kCPNG −$3.7kGOOG +$1.0kWCN +$420HCA +$3742015201720192021202320252026
Realized P&L
+$3.53K
Closed trades
4,975
Win rate
45%
Avg return / closed
+9.0%

Biggest closed trades

IssuerEntryExitHeldReturnP&L
COUPANG INC
CPNG
Q2 2021Q2 202620Q-54%$2.73B
ALPHABET INC
GOOG
Q1 2016Q2 202329Q+239%+$744.54M
WASTE CONNECTIONS INC
WCN
Q3 2016Q3 201912Q+78%+$310.52M
HCA HOLDINGS INC
HCA
Q3 2013Q3 20158Q+134%+$276.88M
SEER INC
SEER
Q1 2021Q1 20238Q-93%$259.5M
GAMESTOP CORP NEW
GME
Q4 2020Q2 20212Q+1398%+$251.43M
TRANSDIGM GROUP INC
TDG
Q3 2013Q2 201715Q+124%+$238.2M
ADOBE SYS INC
ADBE
Q4 2013Q4 202237Q+495%+$193.8M
PALO ALTO NETWORKS INC
PANW
Q3 2013Q1 20156Q+175%+$188.88M
DOLLAR GEN CORP NEW
DG
Q3 2014Q3 20154Q+38%+$125.87M

Every trade · entry date × return

Bubble = position size at entry
-50%-25%0%+25%+50%+100%+200%+500%GME · +1398%FTCHQ · +832%DKS · +725%2015201720192021202320252026
PositiveNegativeStill open (marked to market)
Best closed pick
GME +1398%
Worst closed pick
SQZB -100%
Total trades
5,214
Open trades
239