Dollar General Corp. (DG), Twenty-First Century Fox (FOXA), Vipshop Holdings Ltd – ADR (VIPS): Billionaires Chase Coleman and Feroz Dewan Love These Stocks

As we reported last month, Tiger Global Management’s* star hedge fund Tiger Global, managed by Feroz Dewanreturned 6.1% in June, and more than 15.2% in the first semester of 2014, widely outperforming the S&P 500 index. In last month’s article, we took a look at the main stock picks driving this performance, and some of them are present amongst the fund’s largest equity positions. So, let’s take a look at these in order to find out if any of them are still attractive.

Tiger Global’s largest long equity stake was placed in Twenty-First Century Fox Inc (NASDAQ:FOXA), a $77.9 billion market cap diversified media and entertainment company. Following a 4% decrease in its exposure to the company, the fund owns 18.51 million shares of Twenty-First Century Fox Inc (NASDAQ:FOXA), worth more than $650 million.

Chase Coleman Tiger Global Management

Over the second quarter, Twenty-First Century Fox Inc (NASDAQ:FOXA)’s stock gained 11.2%, contributing to Tiger Global’s above-average returns. As the price escalated, the fund could have seen a chance to make some money, and sold some of its stock. However, its stake still makes it the third largest hedge fund shareholder of record of the company.

Other funds with even larger stakes in Twenty-First Century Fox Inc (NASDAQ:FOXA) are Donald Yacktman’s Yacktman Asset Management, which last declared ownership of 44.22 million shares, down from 58.62 million shares and Boykin Curry’s Eagle Capital Management, which owns more than 20.65 million shares of the company, up by 2% over the quarter.

Second in line is Vipshop Holdings Ltd – ADR (NYSE:VIPS), a $12.56 billion market cap Chinese online discount retailer. Tiger Global last declared ownership of more than 2.42 million shares. This position, worth $456 million, makes it the largest hedge fund shareholder of record –amongst those that we track, and accounts for roughly 5.8% of its total equity portfolio.

Vipshop Holdings Ltd – ADR (NYSE:VIPS)’s stock has been in an uptrend for a while now. Year to date, the stock gained more than 157%, and, over 2013, the upsurge reached 535%. Although Tiger Global could not fully reap the profits from this increment, because it started a position in the company over the fourth quarter of 2014, the gains were still large.

Another fund that largely profited from Vipshop Holdings Ltd – ADR (NYSE:VIPS) is John Burbank’s Passport Capital, which last disclosed ownership of 1.59 million shares, after the sale of 201,434 shares over the second quarter.

Last in this list is Dollar General Corp. (NYSE:DG), a $19.38 billion market cap discount retailer of which Tiger Global owns 7.89 million shares. Although the stake remained untouched over the second quarter, it increased in market value. The fund’s position at Dollar General Corp. (NYSE:DG) is now worth more than $452 million, after the stock gained more than 3.5% between April and the end of June.

Another major hedge fund that seems quite bullish about is Dollar General Corp. (NYSE:DG) is Larry Robbins’ Glenview Capital, which boosted its exposure by 26% over the quarter, and now owns 8.21 million shares.

* Tiger Global Management is an asset management firm founded and managed by Chase Coleman

Disclosure: Javier Hasse holds no position in any stocks or funds mentioned.

Comments
Insider Monkey Small Cap Strategy
Insider Monkey Small Cap Strategy

Insider Monkey beat the market by 52 percentage points in 24 months. Our beta is only 1.2 (don't click this link if beating the market isn't important to you).

Lists

The 10 Largest Pharmaceutical Companies In the World

The 10 Most Expensive Android Apps

The 9 Most Expensive Designer Bags in the World

The 7 Most Expensive Real Estate in the World

The 10 Most Expensive eBay Items Ever Sold

The 10 Most Expensive iPhone Apps

The 9 Most Expensive Designer Shoes in the World

The 10 Most Expensive Cigarette Brands

The 10 Most Expensive Law Schools in the US

The 10 Best Wall Street Movies

The 10 Most Expensive Golf Clubs Ever Sold

The 10 Most Expensive Golf Memberships

The 10 Best Disney Characters Ever Created

The 8 Best Foods for Gaining Weight

The 10 Most Expensive Colleges in the World

The 7 Most Memorable Ad Campaigns of All Time

The 7 Most Expensive High Schools in the World

The 10 Electric Vehicles with the Longest Range

The 10 Cities with the Worst Drivers in the World

The 10 Most Expensive Dresses Ever Created

10 Islands to Visit Before You Die

10 Famous Celebrities Who Needed Rehab

The 15 Countries with the Largest Oil Reserves

The 10 Most Overused Excuses in the World

The 5 Best iOS Apps You Can’t Get on Android

5 Companies Damaged By Social Media Blunders

The 10 Most Legendary Blues Songs

The 10 Most Lawless Places in the World

4 Reasons China is a Threat to the US

The 17 Most Sugary Drinks in the World

The 10 Most Ruthless Rulers in History

The 10 Greatest Generals in History

Top 8 Travel Destinations for 2015

The 10 Safest Dog Breeds for Children

The 10 Most Stolen Vehicles in the US

The 7 Most Expensive Celebrity Weddings

The 10 Best LoL Teams in the World

Top 10 Worst Marketing Campaigns Ever Produced

Top 5 Diets that Help You Lose Weight

The 10 Best Ways to Stay Awake

7 Artists That Switched Musical Genres

The 10 Most Expensive Cities to Live in New Jersey

The 10 Best High Schools in New York

The 10 Countries With the Least Gender Inequality

The 6 Biggest Musician-Manager Feuds

The 10 Countries with the Cheapest Gas Prices

The 7 Most Theatrical Bands of All Time

The 8 Worst Band Breakups of All Time

The 10 Most Important South American Leaders

The 7 Most Successful Casting Show Winners

Subscribe

Enter your email:

Delivered by FeedBurner

X

Thanks! An email with instructions is sent to !

Your email already exists in our database. Click here to go to your subscriptions

Insider Monkey returned 47.6% in its first year! Wondering How?

Download a complete edition of our newsletter for free!