Julian Robertson (Trades, Portfolio)'s Tiger Management manages a $363 million equity portfolio composed of 41 stocks as of the quarter's end. The firm sold shares of the following stocks during the second quarter.
Alibaba
The fund exited its position in Alibaba Group Holding Ltd. (BABA). The trade had an impact of -4.18% on the portfolio.
The online and mobile commerce company has a market cap of $746 billion and an enterprise value of $725 billion.
GuruFocus gives the company a profitability and growth rating of 9 out of 10. The return on equity of 25.43% and return on assets of 14.11% are outperforming 92% of companies in the retail, cyclical industry. Its financial strength is rated 8 out of 10. The cash-debt ratio of 3.08 is above the industry median of 0.46.
The largest guru shareholder of the stock is Ken Fisher (Trades, Portfolio) with 0.50% of outstanding shares, followed by PRIMECAP Management (Trades, Portfolio) with 0.49% and Frank Sands (Trades, Portfolio) with 0.26%.
Amazon.com
The fund's Amazon.com Inc. (AMZN) position was trimmed by 81.03% The portfolio was impacted by -1.96%.
The e-commerce giant has a market cap of $1.66 trillion and an enterprise value of $1.67 trillion.
GuruFocus gives the company a profitability and growth rating of 8 out of 10. The return on equity of 21.22% and return on assets of 6.02% are outperforming 80% of companies in the retail, cyclical industry. Its financial strength is rated 6 out of 10. The cash-debt ratio of 0.94 is above the industry median of 0.45.
The largest guru shareholder of the company is Fisher with 0.33% of outstanding shares, followed by Pioneer Investments (Trades, Portfolio) with 0.23% and Sands with 0.22%.
Microsoft
The fund curbed its position in Microsoft Corp. (MSFT) by 19.27%. The portfolio was impacted by -1.74%.
The hardware and software producer has a market cap of $1.62 trillion and an enterprise value of $1.55 trillion.
GuruFocus gives the company a profitability and growth rating of 9 out of 10. The return on equity of 40.16% and return on assets of 15.43% are outperforming 92% of companies in the software industry. Its financial strength is rated 7 out of 10. The cash-debt ratio of 1.92 is below the industry median of 2.2.
The largest guru shareholder of the company is PRIMECAP Management (Trades, Portfolio) with 0.32% of outstanding shares, followed by Fisher with 0.29% and Dodge & Cox with 0.26%.
Alphabet
The fund closed its Alphabet Inc. (GOOGL) holding, impacting the portfolio by -31.07%.
The holding company has a market cap of $1.08 trillion and an enterprise value of $974.24 billion.
GuruFocus gives the company a profitability and growth rating of 9 out of 10. The return on equity of 15.77% and return on assets of 11.7% are outperforming 78% of companies in the interactive media industry. Its financial strength is rated 9 out of 10. The cash-debt ratio of 7.5 is above the industry median of 4.73.
The largest guru shareholder is PRIMECAP Management (Trades, Portfolio) with 0.24% of outstanding shares, followed by Fisher with 0.23% and Pioneer Investments (Trades, Portfolio) with 0.15%.
Salesforce.com
The investment fund trimmed its holding of Salesforce.com Inc. (CRM) by 19.13%. The portfolio was impacted by -0.53%.
The company, which offers enterprise cloud computing solutions, has a market cap of $245.36 billion and an enterprise value of $241.92 billion.
GuruFocus gives the company a profitability and growth rating of 5 out of 10. The return on equity of -0.62% and return on assets of -0.37% are underperforming 62% of companies in the software industry. Its financial strength is rated 7 out of 10. The cash-debt ratio of 1.68 is above the industry median of 2.14.
The largest guru shareholder is Fisher with 1.28% of outstanding shares, followed by Spiros Segalas (Trades, Portfolio) with 0.80% and Pioneer Investments (Trades, Portfolio) with 0.44%.
Apollo
The investment fund trimmed its Apollo Global Management Inc. (APO) position by 20.35%. The trade had an impact of -0.45% on the portfolio.
The alternative investment manager has a market cap of $10.75 billion and an enterprise value of $23.35 billion.
The return on equity of -6.1% and return on assets of -0.18% are underperforming 75% of companies in the asset management industry. Its financial strength is rated 3 out of 10 with a cash-debt ratio of 0.21.
The largest guru shareholder of the company is Chase Coleman (Trades, Portfolio) with 14.79% of outstanding shares, followed by Pioneer Investments (Trades, Portfolio) with 0.48% and Tom Gayner (Trades, Portfolio) with 0.44%.
GDS
The investment fund closed its position in GDS Holdings Ltd. (GDS). The portfolio was impacted by -0.42%.
The Chinese company, which provides high-performance data centers and infrastructure services, has a market cap of $10.63 billion and an enterprise value of $12.74 billion.
GuruFocus gives the company a profitability and growth rating of 4 out of 10. The return on equity of -4.05% and return on assets of -1.26% are underperforming 65% of companies in the software industry. Its financial strength is rated 4 out of 10. The cash-debt ratio of 0.36 is below the industry median of 2.14.
The largest guru shareholder of the company is Coleman with 3.59% of outstanding shares, followed by Ron Baron (Trades, Portfolio) with 2.52% and Louis Moore Bacon (Trades, Portfolio) with 0.19%.
Disclosure: I do not own any stocks mentioned.
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