Tiger Global Management sells Alphabet taking the G out of 'FANG'
Chase Coleman
Chase Coleman's Tiger Global Management hedge fund  is buying all the "FANG" stocks  except Google.
But  the hedge fund  added to  its  holdings in the other so-called FANG stocks: buying nearly $500 million worth of Netflix shares  $275 million of Amazon.com and $229 million of Facebook.
 Coleman's fund  also increased  its  stake in Fiat Chrysler by 3.88 million shares  or $222 million  and initiated a $137 million stake in design software company Autodesk.
 The hedge fund  also increased  its  holdings of Chinese e-commerce companies Alibaba and JD.com by 191 000 and 5.38 million shares  respectively. Alibaba reported record sales worth $25.4 billion on Singles Day  Nov. 11  while JD.com reported the equivalent of about $19.1 billion over its Singles Day shopping period  which began on Nov. 1.
 Coleman  has a net worth of $2.2 billion  according to Forbes.
[TGT]  Tiger Global Management hedge fund  is buying all the "FANG" stocks  except Google.
But   [TGT] added to   [TGT]   holdings in the other so-called FANG stocks: buying nearly $500 million worth of Netflix shares  $275 million of Amazon.com and $229 million of Facebook.
  [TGT] 's fund  also increased   [TGT]   stake in Fiat Chrysler by 3.88 million shares  or $222 million  and initiated a $137 million stake in design software company Autodesk.
  [TGT] also increased   [TGT]   holdings of Chinese e-commerce companies Alibaba and JD.com by 191 000 and 5.38 million shares  respectively. Alibaba reported record sales worth $25.4 billion on Singles Day  Nov. 11  while JD.com reported the equivalent of about $19.1 billion over its Singles Day shopping period  which began on Nov. 1.
  [TGT] has a net worth of $2.2 billion  according to Forbes.