Tiger Management Buys H&R Block, Moody’s; Exits Apple, Dole Food

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Julian Robertson’s Tiger management LLC, as of 31 March, has the portfolio value of $740,321,589 from $567,940,338, earlier. As per the 13F filed by the fund, it has reduced its holdings in 22 stocks and top 10 holding constitutes 30.92 percent of the total portfolio.

Tiger Management Buys H&R Block, Moody's; Exits Apple, Dole Food

Top Holdings

According to 13F form filed by the firm, the top holdings as on 31 March 2013 were Google Inc (NASDAQ:GOOG), which constitutes for 3.68 percent of the total portfolio. H&R Block, Inc. (NYSE:HRB) makes up 3.37 percent of the portfolio. The stocks of Mastercard Inc (NYSE:MA) account for 3.27 percent in the portfolio. HCA HLDGS INC COM contributes 3.18 percent of the total portfolio. Market Vector Junior Gold Miners ETF accounts for 3.04 percent of the total value of the portfolio.


Tiger management LLC created some new positions in H&R Block Inc, which is 3.37 percent of the total Portfolio.There are usually a couple of stocks that the Tiger clan is buying together in every quarter, H&R Block, Inc. (NYSE:HRB) is coming out as one of those in Q1. So far Viking Global, Lone Pine Capital and Hoplite Capital, all have bought H&R Block in Q1.

The other company in which Tiger management invested is The McGraw-Hill Companies Inc which constitutes 2.87 percent of the firm’s portfolio. Moody’s Corporation (NYSE:MCO) is the third company in which Tiger created a position and the stock holdings are 2.84 percent of the portfolio. Monsanto Company (NYSE:MON) is the fourth company which constitutes 2.74 percent in the portfolio of the Tiger management. Dunkin Brands Group Inc (NASDAQ:DNKN) contributes for 2.72% in the portfolio.

Closed Positions

As per 13F form filed by Tiger management LLC, the firm has ended its position in the following stocks. The company has sold its Apple Inc. (NASDAQ:AAPL) stocks which was 3.95 percent of its portfolio previously. Dole Food Company, Inc. (NYSE:DOLE) is the second company in which the Tiger management closed its positions. The total percentage held by Dole was 2.47 percent prior to closing the positions.

The third stock is Tripadvisor Inc (NASDAQ:TRIP), which was 2.44 percent of the portfolio, and the firm has closed its position in this stock. LCA-Vision Inc. (NASDAQ:LCAV) is another stock which constituted 0.62 percent of the portfolio and the position has been ended by Tiger management LLC. Callidus Software Inc. (NASDAQ:CALD) is the last company in which Tiger management closed its position, which was 0.6 percent of the portfolio prior to the closing position.

Strategic Partnership

Tiger Management LLC, established in New York City, has announced, in April, a strategic partnership with Marvin & Palmer Associates to put money in the Asian equities primarily targeting the Southeast Asia. The strategy will be supervised by MPA Capital Management which is an affiliate of Marvin & Palmer.

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