Thursday, March 28, 2024
Homehedge fundsTiger Global Management sells Alphabet, taking the G out of its 'FANG'...

Tiger Global Management sells Alphabet, taking the G out of its ‘FANG’ holdings

  • Tiger Global Management dissolved its stake in Google parent Alphabet but added to holdings of Facebook, Amazon.com and Netflix in the third quarter, a filing shows.
  • The hedge fund run by billionaire Chase Coleman also initiated stakes in Chinese social media company Weibo and its parent Sina.
  • The hedge fund also increased its holdings of Chinese e-commerce companies Alibaba and JD.com by 191,000 and 5.38 million shares, respectively.

RELATED ARTICLES
- Advertisment -

Most Popular