Overview of Tiger Global Management
Tiger Global Management is a US-based hedge fund founded in 2001 that invests in public equity as well as fixed income markets. Tiger Global Management filed its 13F with the Securities and Exchange Commission in February 2015.
Charles Coleman founded the firm, and Feroz Dewan manages it. The chart below outlines the main positions that Tiger Global Management traded during the fourth quarter that ended in December.
Tiger Global Management added new positions in Alibaba Group Holdings (BABA) and Pilgrim’s Pride (PPC). The fund increased its positions in Autohome (ATHM) and Avis Budget Group (CAR). The fund decreased its positions in Visa (V) as well as Hertz Global Holdings (HTZ). Tiger also sold off its positions in Burger King Worldwide (BKW) and Priceline Group (PCLN).
The size of the fund’s US long portfolio increased from $7.54 billion to $8.47 billion in the fourth quarter. Tiger Global Management’s holdings included 59 stocks during the fourth quarter. The top ten holdings are outlined below:
The top holdings of the hedge fund include long positions in 21st Century Fox Class A shares (7.62%), MasterCard Class A shares (7.34%), Alibaba Group Holdings Limited (7.13%), and Transdigm Group (5.89%).
In addition to the above stocks, Tiger Global Management sold off positions in the SPDR S&P Homebuilders ETF (XHB), which tracks the overall performance of 37 publicly traded real estate companies.