Bulletin
Investor Alert

Market Pulse Archives

Aug. 15, 2022, 3:11 p.m. EDT

Value of stocks Tiger Global Management held was more than halved during the second quarter

new
Watchlist Relevance
LEARN MORE

Want to see how this story relates to your watchlist?

Just add items to create a watchlist now:

  • X
    S&P 500 Index (SPX)
  • X
    XPeng Inc. ADR (XPEV)
  • X
    Coinbase Global Inc. (COIN)

or Cancel Already have a watchlist? Log In

By Tomi Kilgore

The value of hedge fund Tiger Global Management's equity holdings was more than halved during the second quarter, to $11.93 billion as of June 30 from $26.64 billion as of March 31. The reduced holdings come as the S&P 500 /zigman2/quotes/210599714/realtime SPX -1.51% dropped 16.5% during the second quarter. Among some of the changes Tiger made to its portfolio during the quarter, it cut it's stake in China-based electric vehicle maker XPeng Inc. /zigman2/quotes/219982686/composite XPEV -1.32% to 4.36 million shares from 13.72 million shares and reduced its Coinbase Global Inc. /zigman2/quotes/225893452/composite COIN +4.12% holding to 151,536 shares from 836,597 shares, while selling off its 387,700-share bet on Salesforce Inc. /zigman2/quotes/200515854/composite CRM -2.02% , the 1,451 shares of Alibaba Group Holding Ltd. /zigman2/quotes/201948298/composite BABA +1.18% it held, the 1.04 million share investment in Zoom Video Communications Inc. /zigman2/quotes/211319643/composite ZM -1.18% and the 2.89 million Robinhood Markets Inc. /zigman2/quotes/228268942/composite HOOD +3.38% it held. Meanwhile, Tiger boosted its stake in Amazon.com Inc. /zigman2/quotes/210331248/composite AMZN -1.57% to 2.61 million shares from 147,743 shares, added a new Alphabet Inc. /zigman2/quotes/202490156/composite GOOGL -1.82% investment of 110,472 shares and initiated a 226,000-share bet on Zillow Group Inc. /zigman2/quotes/205077794/composite ZG -2.15% .

/zigman2/quotes/210599714/realtime
US : S&P US
3,585.62
-54.85 -1.51%
Volume: 2.22B
Sept. 30, 2022 5:55p
loading...
/zigman2/quotes/219982686/composite
US : U.S.: NYSE
$ 11.95
-0.16 -1.32%
Volume: 21.19M
Sept. 30, 2022 4:00p
P/E Ratio
N/A
Dividend Yield
N/A
Market Cap
$9.98 billion
Rev. per Employee
$323,454
loading...
/zigman2/quotes/225893452/composite
US : U.S.: Nasdaq
$ 64.49
+2.55 +4.12%
Volume: 10.21M
Sept. 30, 2022 4:00p
P/E Ratio
N/A
Dividend Yield
N/A
Market Cap
$14.52 billion
Rev. per Employee
$1.55M
loading...
/zigman2/quotes/200515854/composite
US : U.S.: NYSE
$ 143.84
-2.97 -2.02%
Volume: 7.58M
Sept. 30, 2022 4:00p
P/E Ratio
268.86
Dividend Yield
N/A
Market Cap
$143.84 billion
Rev. per Employee
$398,689
loading...
/zigman2/quotes/201948298/composite
US : U.S.: NYSE
$ 79.99
+0.93 +1.18%
Volume: 17.12M
Sept. 30, 2022 4:05p
P/E Ratio
44.08
Dividend Yield
N/A
Market Cap
$210.32 billion
Rev. per Employee
$518,515
loading...
/zigman2/quotes/211319643/composite
US : U.S.: Nasdaq
$ 73.59
-0.88 -1.18%
Volume: 3.54M
Sept. 30, 2022 4:00p
P/E Ratio
22.75
Dividend Yield
N/A
Market Cap
$21.90 billion
Rev. per Employee
$632,885
loading...
/zigman2/quotes/228268942/composite
US : U.S.: Nasdaq
$ 10.10
+0.33 +3.38%
Volume: 7.94M
Sept. 30, 2022 4:00p
P/E Ratio
N/A
Dividend Yield
N/A
Market Cap
$8.89 billion
Rev. per Employee
$358,628
loading...
/zigman2/quotes/210331248/composite
US : U.S.: Nasdaq
$ 113.00
-1.80 -1.57%
Volume: 59.48M
Sept. 30, 2022 4:00p
P/E Ratio
101.13
Dividend Yield
N/A
Market Cap
$1151.19 billion
Rev. per Employee
$302,178
loading...
/zigman2/quotes/202490156/composite
US : U.S.: Nasdaq
$ 95.65
-1.77 -1.82%
Volume: 32.94M
Sept. 30, 2022 4:00p
P/E Ratio
17.80
Dividend Yield
N/A
Market Cap
$1250.95 billion
Rev. per Employee
$1.77M
loading...
/zigman2/quotes/205077794/composite
US : U.S.: Nasdaq
$ 28.63
-0.63 -2.15%
Volume: 872,337
Sept. 30, 2022 4:00p
P/E Ratio
N/A
Dividend Yield
N/A
Market Cap
$6.90 billion
Rev. per Employee
$1.36M
loading...

This Story has 0 Comments
Be the first to comment
More News In
Industries

Story Conversation

Commenting FAQs »

Partner Center

Link to MarketWatch's Slice.