This story requires our BI Prime membership. To read the full article,New regulatory filings posted Thursday detail the biggest stock purchases and sales from billionaire fund managers in the third quarter.
Secretive funds like Chase Coleman's Tiger Global revealed the changes they made to their holdings in the third quarter, and some of the biggest names were very active. Druckenmiller also sold more than a million shares of Microsoft, which is his family office's biggest holding, and half of his Alibaba stake, which was worth $175 million at the end of the second quarter. Alibaba Group Holding Ltd Executive Chairman Ma attends the World Artificial Intelligence Conference in ShanghaiBillionaire Tiger Cub Chase Coleman is known for his tech prowess, and made a big bet on Alibaba, which has seen its stock price bounce up and down all year.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Nigeria Nigeria Latest News, Nigeria Nigeria Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Trucking startup Convoy's cofounder explains edge over Uber Freight - Business InsiderConvoy just got another $400 million to fight Uber Freight for control of the digital-freight market. Its ex-Amazon cofounder revealed to us the next steps for the $2.75 billion company's quest to dominate truck brokerage.
Source: BusinessInsider - 🏆 729. / 51 Read more »
EQT Ventures: VC fund uses Motherbrain AI tech to find hot startups - Business InsiderSwedish VC firm EQT Ventures employs a proprietary AI tool to identify hot startups to invest in as it looks to stay ahead of the pack in Europe.
Source: BusinessInsider - 🏆 729. / 51 Read more »
Senior Uber marketer Deborah Hyun left for meditation app Headspace - Business InsiderUber's director of performance marketing Deborah Hyun left to become vp of global marketing at meditation app Headspace.
Source: BusinessInsider - 🏆 729. / 51 Read more »
Norwest Venture Partners announces $2 billion fund, its biggest yet - Business InsiderNorwest managing partner Jeff Crowe said the firm raised such a large fund to keep up with the rapid pace of growth among startup venture deals.
Source: BusinessInsider - 🏆 729. / 51 Read more »
EQT Ventures: New $725 million fund to help scale US and European tech - Business InsiderData-driven VC EQT Ventures raised one of Europe's largest funds to bring hot US tech startups to the continent I think I have seen him or somebody looking like him passing by the car wash yesterday, I am not making a joke, you can check that, I didn't see him either....
Source: BusinessInsider - 🏆 729. / 51 Read more »
Former Uber CEO Kalanick sells another $164 million of stock - Business InsiderKalanick now helms CloudKitchens, a startup that leases kitchen space to restaurants. His stock sales offset a $300 investment he made in the firm.
Source: BusinessInsider - 🏆 729. / 51 Read more »