Feb
09
Hedge Funds Take New Stakes In Netflix
ByBillionaire investor George Soros’ Soros Fund Management LLC and the Ole Andreas Halvorsen-led Viking Global Investors LP placed new bets on the video streaming company Netflix Inc., while Tiger…
Billionaire investor George Soros’ Soros Fund Management LLC and the Ole Andreas Halvorsen-led Viking Global Investors LP placed new bets on the video streaming company Netflix Inc., while Tiger Global Management LLC upped its stake by 15.43 million shares to nearly 18 million, according to regulatory filings released Monday.
Soros said it owned 317,534 Netflix shares worth $32.79 million as of Sept. 30. Viking Global held 4.5 million shares worth over $460 million. Tiger global currently holds nearly 18 million of Netflix’s shares, worth an estimated $1.8 billion…