Tiger Firms Display More Convergence in Second Quarter

Hedge fund firms with ties to Tiger Management flocked to stocks like Facebook, Amazon.com, Charter and PayPal.

Hedge fund firms with roots in Julian Robertson Jr.’s Tiger Management exhibited more convergence of their conviction in the second quarter than they have in recent memory.

More than half — 25 of 49 portfolios — had positions in social media pioneer Facebook.

To continue reading, subscribe now to Premium Journalism. Already a subscriber? login.