| Indie Research Hedge fund Tiger Global made several moves during Q3, shifting into some big tech names. As the architect of Tiger Management, Julian Robertson was once known as "The Wizard of Wall Street." The legendary hedge fund excelled during the 1980s and 1990s before dissolving and spawning a brood of "Tiger Cubs," Wall Street's preferred moniker for the hedge funds of former Tiger employees. One of the most well known is Tiger Global, headed by "Cub" Charles Coleman. Tiger Global reported U.S.-listed, equity holdings valued at more than $4.8 billion at the end of 2007, a year during which the hedge fund returned an astonishing 71%. However, like many hedge funds, Tiger Global faltered during 2008, falling about -14% through September of that year, according to Bloomberg. Tiger Global had rebounded to start 2009, posting a gain of 6.8% in Q1 as the market continued to trend lower. Looking at Tiger Global's holdings at the end of Q3, the hedge fund was active in tech, opening a new stake in Yahoo (NASDAQ: YHOO - News), while adding to stakes in Google (NASDAQ: GOOG - News) and Qualcomm (NASDAQ: QCOM - News). Tiger was also opening new stakes in PepsiCo (NYSE: PEP - News) and agriculture giant Monsanto (NYSE: MON - News) and adding to a position in aircraft components firm TransDigm Group (NYSE: TDG - News). Elsewhere, the hedge fund was trimming stakes in broadcast and communications tower operator American Tower (NYSE: AMT - News), credit card companies Mastercard (NYSE: MA - News) and Visa (NYSE: V - News), and online travel site Priceline.com (NASDAQ: PCLN - News). And, true to its name, Tiger Global had exposure to international growth names like Chinese financial software firm Longtop Financial Technologies (NYSE: LFT - News) and Latin American online auctioneer MercadoLibre (NASDAQ: MELI - News). Looking at tickerspy.com's graph charting the performance of Tiger Global's end-of-Q3 holdings so far this quarter, one can see that the holdings have stayed ahead of the market. If you want to see how your performance stacks up to Tiger Global's or just see some other Tiger Global holdings, visit tickerspy.com to see the hedge fund's top holdings and a chart of their combined performance. Pro portfolio performance is based on institutions' top-15 holdings as disclosed in quarter-end filings with the SEC. Pro performance does not take into account additional holdings beyond the top 15 nor does it include positions that are not required to be disclosed by the SEC. As such, Pro portfolio performance should be considered an approximation and not a precise record of how an institution has performed over time. Fun and informative, tickerspy.com is a free investing website where you can track multiple stock portfolios and compare against 250 proprietary Indexes tracking themes from stem cells to green energy to precious metals. Best of all, tickerspy.com lets you spy on the portfolios of nearly 3,000 Wall Street institutions and hedge funds and see graphs of their performance. Try tickerspy.com today and find out how you stack up against investing legends like Warren Buffett!
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