A survey of Tiger 21 members offers an intriguing glimpse into what millionaires do with their millions.
The annual survey looks at the most valued investments and managers of Tiger 21’s 220 members, who collectively manage more than $20 billion in investable assets.
Individual stock purchases were the most common public equity investment at 50%, followed by ETFs/index funds at 21% and equity-themed hedge funds and long-only mutual funds tied at 14% each. The most popular public equity sectors among respondents were financials (22%), technology (20%), ETFs (19%) and consumer (12%).
The Tiger 21 members’ 5 favorite stocks are:
iShares MSCI EAFE Index Fund
SPDR S&P 500