Tiger Cubs Shake Up Their Portfolios

Lone Pine, Hound Partners, and other high-profile descendants of Tiger Management took on sizable stakes and unloaded others in the second quarter.

Matthew Staver/Bloomberg

Matthew Staver/Bloomberg

Many Tiger Management-related hedge funds were very active in the second quarter, dumping or sharply reducing stakes in popular stocks and adding new positions to their top holdings.

The activities of hedge funds with roots to Julian Robertson, Jr.’s Tiger Management — sometimes called Tiger Cubs, Tiger Seeds, Tiger Grandcubs, and even Tiger Great Grandcubs — attract heightened attention, although many have shut down in recent years due to disappointing performance.

The

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