Lone Pine And Maverick Buy Ctrip, SouFun; Reduce Facebook – ValueWalk Premium

Lone Pine And Maverick Buy Ctrip, SouFun; Reduce Facebook

Steve Mandel's Lone Pine Capital and Lee Ainslie's Maverick Capital both bought Ctrip.com International, Ltd. (ADR) (NASDAQ:CTRP) in the last quarter, according to their respective 13f forms. It seems Ctrip.com is the tiger cubs' new favorite buy, as Coatue Management also established a new position in Ctrip last quarter.

Both funds also converged in buying new stakes in SouFun Holdings Ltd (NYSE:SFUN . . .

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