Tiger Global’s Losses Top $41bn In 2022

Rupert Hargreaves

Published onMarch 22, 2023

Updated on March 22, 2023

Tiger Global’s flagship hedge fund booked huge losses last year as the firm’s bets on high-flying tech stocks backfired.

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Tiger lost 56% in its hedge fund and 67% in its long-only fund as key holdings, such as JD.Com and CrowdStrike Holdings, plunged in value.

JD.com, the most prominent single public position in Tiger’s funds at the beginning of 2022, according to the firm’s fourth quarter 13F SEC filing, lost more than 50% of its value at one point in the year.

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Tiger has since reduced the size of the holding from 53 million shares to around 22 million shares (based on 13F data for the...

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Rupert Hargreaves

Sign up now and get our in-depth FREE e-books on famous investors like Klarman, Dalio, Schloss, Munger Rupert is a committed value investor and regularly writes and invests following the principles set out by Benjamin Graham. He is the editor and co-owner of Hidden Value Stocks, a quarterly investment newsletter aimed at institutional investors. Rupert owns shares in Berkshire Hathaway. Rupert holds qualifications from the Chartered Institute For Securities & Investment and the CFA Society of the UK. Rupert covers everything value investing for Hedge Fund Alpha

Tiger Global’s Losses Top $41bn In 2022

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