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 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. to 4.36 million shares from 13.72 million shares and reduced its Coinbase Global Inc. holding t Read More...
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 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. to 4.36 million shares from 13.72 million shares and reduced its Coinbase Global Inc. holding t
