market folly

Chase Coleman's hedge fund firm Tiger Global has filed a 13G with the SEC regarding shares of Domino's Pizza (DPZ).  Per the filing, they now own 6.2% of the company with 3 million shares.

They started buying in the fourth quarter of 2016 and really ramped up their stake in the new year.  The filing was made due to activity on February 7th.

You can view the rest of Tiger Global's portfolio in the brand new issue of our newsletter.

Per Google Finance, Domino's Pizza is "operates pizza stores at 12,500 locations in over 80 markets. It operates through three segments: domestic stores, international franchise and supply chain. Its Domestic Stores segment consists primarily of its franchise operations, through which it operates network of over 4,820 franchised stores located in the United States. Its International Franchise segment consists of a network of franchised stores in approximately 80 international markets. Its supply chain segment operates approximately 20 regional dough manufacturing and food supply chain centers in the United States; a thin crust manufacturing center; a vegetable processing center, and a center providing equipment and supplies to certain of its domestic and international stores. Its basic menu features pizza products in various sizes and crust types. Its stores also offer oven-baked sandwiches, pasta, bread side items, desserts and soft drink products."