When we talk about Julian Robertson, we always think of his hedge fund Tiger Management and his Tiger Cubs. For people who want to start a career in hedge fund industry, working at a Tiger Cub hedge fund is definitely a good beginning. Rob Citrone’s Discovery Capital Management is one of these Tiger Cub hedge funds. Citrone once worked as a portfolio manager at Fidelity Investments and Tiger Management before founding Discovery Capital. Based in Connecticut, the fund focuses on liquidity, valuation multiples, past and potential growth in picking stocks and has a focus on technology, services, basic materials and financial sectors.
Rob Citrone’s top 5 positions were Apple (AAPL), Universal Display (PANL), Qualcomm (QCOM), Sprint (S), and Visa (V) at the end of September. You can read Rob Citrone and Discovery Capital’s top 20 stock picks and our discussion here.