Steve Mandel's Lone Pine Capital and Lee Ainslie's Maverick Capital both bought Ctrip.com International, Ltd. (ADR) (NASDAQ:CTRP) in the last quarter, according to their respective 13f forms. It seems Ctrip.com is the tiger cubs' new favorite buy, as Coatue Management also established a new position in Ctrip last quarter.
Both funds also converged in buying new stakes in SouFun Holdings Ltd (NYSE:SFUN) and Liberty Global in the first quarter.
Lone Pine buys Actavis in Q1
Mandel's brand new positions include Actavis plc (NYSE:ACT), Adobe Systems Incorporated (NASDAQ:ADBE), Equinix Inc (NASDAQ:EQIX) and Jazz Pharmaceuticals plc (NASDAQ:JAZZ). A smaller stake was initiated in Yandex NV (NASDAQ:YNDX).
Along with his fellow tiger cubs, Mandel also...
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