Viking Global, a $30 billion fund manager, dumped Alphabet
Viking Global Investors, a $30 billion hedge fund manager, sold off all of its 1.08 million shares of Google’s parent company, Alphabet, during the second quarter, according to regulatory documents filed Monday.
The stake is valued at around $891.8 million.
The Greenwich, Connecticut-based firm also acquired 1.1 million shares of China’s Alibaba valued at $155.1 million, bringing its total tech holdings to 46% of its portfolio.
In June, Viking founder and CEO Andrea Halvorsen sa
Read more »