Funds Are Adding Millions of Shares .LINK
Here’s How Facebook Faced Down Its Perfect Storm
By Aabha Rathee | More Articles
November 15, 2012
Tiger Global, an $8 billion hedge fund, just added 9.79 million shares to take its total in the company to 11.75 million shares, Bloomberg said. Jennison Associates also just added 3.01 million shares, while Clearbridge Advisors bought 2.54 million shares, an increase of more than 400 percent. Vanguard Group added 4.3 million shares, T. Rowe Price Associates (NASDAQ:TROW) added 740,309 shares, and Capital Research Global Investors more than doubled its holding by adding 14.6 million shares.