They were down something like 50% a week ago. It seems all of their large holdings are getting hit hard. Could be down like 60% on the year.
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Would appreciate real time updates on any of the levered long tech funds - e.g. Altimeter, Whale Rock, Dragoneer. They must be getting annihilated
Rumour is that Whale Rock is turning into a FO
Classic.. lose investors' money, keep fees, get rich, turn into a family office
Confirmed?
Does this mean that nobody in MF PE will want to recruit for Tiger funds because it’ll take 2-5 years to recoup their losses?
Bold of you to assume they will ever recoup their losses
does TG have high water mark?
following
I mean today alone average Tiger global holding was down like 10%, think Friday it was 7%… I imagine they are down >15% in May MTD unless there was mass degrossing or hedging
Is this the death of crossover funds? I can't think of a single crossover fund that was well positioned for this.
Except maybe Coatue--apparently down only 15% as of last week
They are crossing themselves over rn.
Early in my career and not sure what this mean. Mind elaborating please?
Rumor on the street is they are down 65% YTD
And the hits keep coming with PTON
I'd imagine lots of these tech stocks are at a huge discount due to them having forced liquidation? I'm looking at Coinbase with $3.6B net income be valued at $16B with $7B equity on its BS. Doesn't really make sense to me.
Similar to "UPST" need to make sure they do not guide way down. Everyone so far has guided down.
Consensus estimates are TOO DAMN HIGH.
Its hilarious to see the most shameless analysts walk their PTs down from 40->35 when a stock is $2.50 and clearly a fraud.
Casual 50m loss on Coinbase for Tiger today. Unreal
Yah COIN looks worse than UPST. UPST basically said our algos show we cannot make loans to people and due to weak guidance got destroyed. COIN straight up said everything has slowed down.
Rumors that whale rock is liquidating and that boston HFs are in shambles
Small funds be looking at Whale Rock's 13Fs:
Wdym? Is there money to be made from whale rock's blow up?
How is D1 doing?
.
Hope these guys buy the calls I write
Can I ask a dumb fuck question. What filing / resource can you use to check the performances of public equity funds? I understand they're marked to market but where exactly can I see the data in real time? Based in London and haven't heard of any such document here
Whalewisdom is good
Whalewisdom pretty good, or the 13F filings on Bloomberg. For live-ish marks you can add into Bloomberg Port system but this will clearly exclude any intra-period trading from the funds.
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