Tiger Global Billionaire Abruptly Dumps Nvidia, Pours $334,000,000 Into Surging US Asset
2025-07-19 00:12:25
Description
A billionaire who made his fortune at Tiger Global just poured more than $300 million into a high-growth stock that’s skyrocketed over the last year. Karthik Sarma, who now spearheads SRS Investment Management, sold all of the hedge fund’s massive investment in Nvidia (NVDA) between Q1 of 2024 and Q1 of 2025. Now, new 13F filings show Sarma has piled about $334 million, purchasing 4.74 million shares, into Tapestry (TPR). The luxury goods company, known for its premium handbag and accessories br...
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