Tiger Cubs Position Overlap Slowly Disappearing

The Tiger Cubs, hedge fund disciples that follow the long / short relative value strategy of Julian Robertson of Tiger Management, like consumer discretionary and information technology stocks, according to a new report from Novus, a hedge fund research firm. Tiger Cubs down slightly from previous month While Robertson essentially espoused a common value formula that selected stocks to buy and sell, the Tiger Cubs, who all reportedly follow Robertson’s strategy, have only 11.5 percent overlap in positions, down slightly from the previous month. Tiger Management, for instance, likes Facebook Inc (NASDAQ:FB), but less than 15 of the 50 Tiger-related…