Tiger Global is Backing Media Giants & Priceline.com
Tiger Global Management, managed by Chase Coleman and Feroz Dewan, has recently filed a 13F form with the Securities and Exchange Commission, revealing their top stock picks. Number one is News Corp (NASDAQ:NWSA), with Tiger Global increasing their investment by 4.6%. The fund currently owns 15.6 million shares valued at $510 million. The runner up is Liberty Media Corp (NASDAQ:LMCA), with 3.8 million Class A shares reportedly worth $487 million.
Tiger Global has an appetite for travel companies, adding to their position in Priceline.com Inc (NASDAQ:PCLN). The fund reported ownership of 474K shares valued at $391 million. The top 5 picks are ended by Dollar General Corp.(NYSE:DG) - an investment worth approximately $300 million - and Carter's, Inc. (NYSE:CRI), of which Tiger Global owns 4 million shares valued at $296 million.