market folly

Chase Coleman and Feroz Dewan's hedge fund Tiger Global has filed a 13G with the SEC regarding shares of Restoration Hardware (RH).  Per the filing, Tiger Global has revealed a 6.4% ownership stake in RH with over 3.19 million shares.

This marks an increase of over 1.25 million shares since the end of the first quarter.  The filing was made due to activity on June 2nd.

You can view additional recent portfolio activity from Tiger Global here.

Per Google Finance, Restoration Hardware is "a holding company. The Company is merchants of home furnishings. Restoration Hardware Holdings offers merchandise assortments across a number of categories, including furniture, lighting, textiles, bath ware, decor, outdoor, garden, and baby and child products. The Company’s business is integrated across its multiple channels of distribution, consists of its stores, catalogs and Websites."