Tiger Groupthink Apparent in Alibaba Holdings

Nine of the 20 hedge funds with the largest investments in the e-commerce giant have ties to Tiger Management.

Hedge funds with ties to Julian Robertson Jr.’s legendary hedge fund firm, Tiger Management Corp., loaded up on shares of Alibaba Group Holding with a ferocity that far exceeded their non-Tiger hedge fund peers.

Sixteen of 50 so-called Tiger Cubs, Seeds and Grandcubs — who either worked directly for Robertson at Tiger Management, worked for one of his Tiger descendants or received investment capital from Robertson — reported positions in the Chinese e-commerce giant at the end of September, according to Novus, a New York-based research...

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