Tiger Bloc’s Biggest Holdings: Actavis, CDK and JD.com
Group of 50 Tiger Cubs, Seeds and Grandcubs often invest in many of the same stocks. The big winner: Irish drugmaker Actavis.
Actavis, CDK Global and JD.com attracted a surge of interest in the first quarter from hedge fund managers with ties to Julian Robertson Jr.’s Tiger Management Corp.
The three companies were among the most broadly held stocks of the nearly 50 so-called Tiger Cubs, Tiger Seeds and Tiger Grandcubs, as well as Tiger Management itself, tracked by New York–based Novus, a portfolio intelligence platform that, among other things, analyzes the quarterly filings of hedge funds.