Tiger Global’s flagship hedge fund booked huge losses last year as the firm’s bets on high-flying tech stocks backfired. Tiger lost 56% in its hedge fund and 67% in its long-only fund as key holdings, such as JD.Com and CrowdStrike Holdings, plunged in value. JD.com, the most prominent single public position in Tiger’s funds at the beginning of 2022, according to the firm’s fourth quarter 13F SEC filing, lost more than 50% of its value at one point in the year. Q4 2022 hedge fund letters, conferences and more Tiger has since reduced the size of the holding from 53…
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