Nu Holdings (NYSE:NU) shares climb over 12% so far Thursday, after Warren Buffett's Berkshire Hathaway (NYSE:BRK.B)(NYSE:BRK.A) and Tiger Global Management disclosed new positions in the Brazilian bank earlier this week.
Recall Berkshire took a new stake in Nu (NU) with 107M shares during the fourth quarter.
In the same period, Tiger Global Management also opened a new position in NU with 265.98M shares, making it the fund's fourth largest holding.
Meanwhile, shares of NU have surpassed the 200-day simple moving average at ~$9.72 per share, with the stock recently changing hands at $10.18. Wall Street analysts rate the stock with a Buy rating (7 Strong Buy, 2 Buy, 4 Hold, 2 Sell, 1 Strong Sell).