Tiger Global acquired 2.33 Million SSgA Active Trust - SPDR S&P 500 ETF Trust shares worth $1.32 Billion. That's 5.46% of their entire equity portfolio (6th largest holding). The investor owns 196.50% of the outstanding SSgA Active Trust - SPDR S&P 500 ETF Trust stock. Tiger Global acquired their 2.33 Million shares between 2001 and 2009. So far they never sold any shares in the company. The stake costed the investor $189 Million, netting the investor a gain of 598% so far.
Globally, consumers have propped up the economy for the past several years. Most of the exciting stories have revolved around either consumer or technology r...
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Summary List Placement Billionaire Jeremy Grantham''s investment firm says stocks are too pricey, outlining their view as US equities sit at record highs, wi...