Tiger Global buys into Himax and Zillow, exits several Internet stocks

|About: Himax Technologies, Inc. (HIMX)|By:, SA News Editor

Chase Coleman's Tiger Global Management established a 1M-share position in Himax (HIMX +1.4%), a 1.64M-share position in Zillow (Z +1.9%), and a 1.71M-share position in Trulia (TRLA +1.4%) in Q1. (13F)

At the same time, Tiger liquidated positions in a slew of Internet stocks. Yahoo, Amazon, Groupon, Yandex, and TripAdvisor were among the casualties.

The fund kept its 500K-share position in Twitter, and upped its stake in Vipshop (VIPS +5.3%) by nearly 800K shares to 2.24M ahead of the company's blowout Q1 report.

Himax, Zillow, and Trulia are outperforming on a rough day for equities.