The hedge fund cut its Alphabet stake by 45.4% to 5.81 million shares as of June 30, compared with the end of March. It also reduced its Nvidia holding by 6.8% to 11.20 million shares, while its Microsoft position fell 9.3% to 2.27 million shares.
Tiger Global trimmed its Amazon stake by 3.2% to 9.68 million shares and reduced its Meta Platforms holding by 8.5% to 2.82 million shares.
According to Reuters, the fund also sold its entire 2.44 million-share position in Netflix, which was valued at about $234.5 million at the end of the first quarter. Its Broadcom holding was cut by roughly 51% to 1.75 million shares, while its position in Taiwan Semiconductor Manufacturing fell 12.3% to 4.88 million American depositary shares.
In contrast, Tiger Global more than doubled its Intel stake to 4.25 million shares from 1.64 million shares in the previous quarter.
The fund also established a new 674,727-share position in Advanced Micro Devices, worth roughly $392 million as of June 30. It reported a 375,000-share holding in SpaceX, valued at approximately $64.1 million.
The portfolio changes highlight shifts in Tiger Global’s exposure to major technology companies, with the fund reducing stakes in several established Big Tech names while increasing its exposure to semiconductor stocks and private space company SpaceX, the report stated.The filings provide a snapshot of certain U.S.-listed equity holdings at the end of the second quarter. As per the report, 13-F disclosures do not reveal subsequent trading activity, short positions or the fund’s complete portfolio.
The reported changes compare holdings as of June 30 with those at the end of the previous quarter on March 31.
