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) and Liberty Global in the first quarter. Lone Pine buys Actavis in Q1 Mandel’s brand new positions include Actavis plc (NYSE:ACT), Adobe Systems Incorporated (NASDAQ:ADBE), Equinix Inc (NASDAQ:EQIX) and Jazz Pharmaceuticals plc (NASDAQ:JAZZ). A smaller stake was initiated in Yandex NV (NASDAQ:YNDX). Along with his fellow tiger cubs, Mandel also reduced…
This content is exclusively for paying members of Hedge Fund Alpha
Insider Strategies and Letters to Shareholders from the Top Hedge Funds and Maximize Your Portfolio Growth with Hedge Fund Alpha
Don’t have an account?
Subscribe now and get 7 days free!
