JD.com Is Popular Holding Among Tiger Cubs

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HFA Staff
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The Chinese online retailer JD.com has gathered a number of fans among the hedge funds, especially the Tiger cubs. A number of ex-portfolio managers at Julian Robertson’s Tiger Management have recently taken a liking to JD.com, and either bought or increased positions in the company over the previous quarter. So far the largest position is held by Tiger Global at 420.5 million shares, which accounts for 19% of the firm’s outstanding shares. JD.com, the new favorite of Tiger seeds Other owners of JD.com include Tiger seeds Lone Pine Capital, Coatue Management, Hoplite Capital and Maverick Capital. Other than Tiger cubs, the online…

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The post above is drafted by the collaboration of the Hedge Fund Alpha Team.