Tiger Management, a hedge fund liquidated before the turn of the century, was founded by Julian Robertson. He was born and reared in North Carolina and has a personal net worth of almost $5 billion. The technology and financial industries account for the majority of the top holdings. Tiger Management is known for its “long-short” investment approach, which focuses on the greatest and worst companies. Between June and September, the fund’s portfolio value dropped by nearly $32 million as it made new purchases in 16 stocks, made incremental purchases in 5, sold out of 13, and cut holdings in 6 stocks.
Here is Insider Monkey’s list of 10 latest stock picks of legendary investor Julian Robertson’s Tiger Management. At the conclusion of the third quarter of 2021, Tiger Management owned 11,100 shares of Salesforce.com, Inc. worth $3 million. Keith Weiss of Morgan Stanley recently maintained an Overweight rating on the stock with a $360 price objective. In the third quarter, Tiger Management paid $2.7 million for 36,308 shares of Roblox Corporation. As it cranks up development on the “Metaverse” concept, the business is bringing educational video games into classrooms across the country. At the conclusion of the third quarter of 2021, Tiger Management had 21,800 shares of Oracle Corporation worth $1.8 million, accounting for 0.35 percent of the company’s portfolio. The company already has a network of 30 cloud locations distributed over 14 nations. In the third quarter, Tiger Management acquired 7,100 more shares of MA to its portfolio, valued at $2.4 million. The firm has issued a $0.49 per share quarterly dividend, an increase of approximately 11% over the previous payment. At the end of the third quarter of 2021, Tiger Management had 14,200 shares of Global-e Online Ltd. worth over $1 million, accounting for 0.18 percent of the company’s portfolio. Koji Ikeda of Bank of America commenced coverage with a Buy rating and an $80 price target. For more details, click 10 Latest Stock Picks Of Legendary Investor Julian Robertson’s Tiger Management.
