Tiger Global’s Best Stock Ideas Identified By Meru Capital Include Chinese Plays JD.Com Inc (JD), Alibaba Group Holding Ltd (BABA)

Tiger Global trimmed its position in Vipshop Holdings Ltd (NYSE:VIPS) by 8% to 19.95 million shares valued at $469.58 million. On the contrary, Meru Capital added some 274% to its own position in the same company, lifting this stock to the second-highest position in its portfolio in terms of value. At the end of the first quarter the fund had 950,343 shares of Vipshop Holdings Ltd (NYSE:VIPS) worth $27.98 million. The stock of the Chinese online retailer has made investors happier this year, with 12.44% year-to-date gains, largely due to the positive results from its latest earnings report. Kenneth Trophin‘s Graham Capital Management held 35.00 million shares of the company worth $61.41 million.

A new position consisting of 3.19 million Restoration Hardware Holdings Inc (NYSE:RH)’s shares valued at $230.29 million was added to the public equity portfolio of Tiger Global Management. At the same time, Meru Capital decided to reduce its stake in the company by 1%, still owning 167,000 shares valued at $16.57 million as of March 31. The stock of Restoration Hardware Holdings Inc (NYSE:RH) has appreciated by 10.18% this year, and analysts still see some 4% more upside potential from current trading levels. Among the other prominent stockholders of this company, one can find Pasco Alfaro and Richard Tumure’s Miura Global Management, which owned around 1.35 million shares worth $132.59 million at the end of March.

The last stock on the table is Charter Communications Inc (NASDAQ:CHTR). Again, both managers didn’t show a consensus here during the first quarter, as Tiger Global reduced its holding in the stock by 39%, while Meru Capital added some 97% to its own position. After the first quarter, Chase Coleman’s total stake amounted to 1.19 million shares with a market value of $230.29 million, while Guru Ramakrishnan finished the quarter with 117,323 shares valued at some $22.66 million. Charter Communications Inc (NASDAQ:CHTR) recently acquired Time Warner Cable Inc (NYSE:TWC), which could make the company the largest industry player and broaden its horizons for future profitability growth. John H. Scully’s SPO Advisory Corp possessed some 6.47 million shares of Charter Communications Inc (NASDAQ:CHTR), valued at $1.25 million.

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