Tiger Global Management made broad portfolio changes in the second quarter, trimming a series of major technology positions while adding to Intel and opening new stakes in AMD and SpaceX. According to the figures cited by ChainCatcher, the fund reduced its Broadcom position by 51.1% to 1.8 million shares and cut Alphabet Class A by 45.4% to 5.8 million Class A shares. It also lowered holdings in Taiwan Semiconductor Manufacturing, Microsoft, Meta Platforms, Nvidia and JD.com.
The filing figures show Tiger Global cut TSMC by 12.3% to 4.9 million ADS, Microsoft by 9.3% to 2.3 million shares, Meta Platforms by 8.5% to 2.8 million Class A shares, Nvidia by 6.8% to 11.2 million shares, and JD.com by 41.5% to 201,500 ADS. On the buying side, the fund increased its Intel stake to 4.3 million shares and opened new positions in AMD with 674,000 shares and SpaceX with 375,000 shares. The fund also fully exited Netflix in the quarter.
Tiger Global Management made large portfolio adjustments in the second quarter, according to ChainCatcher.
The fund cut its Broadcom position by 51.1% to 1.8 million shares and reduced Alphabet Class A by 45.4% to 5.8 million Class A shares. It also trimmed Taiwan Semiconductor Manufacturing by 12.3% to 4.9 million ADS, Microsoft by 9.3% to 2.3 million shares, Meta Platforms by 8.5% to 2.8 million Class A shares, Nvidia by 6.8% to 11.2 million shares, and JD.com by 41.5% to 201,500 ADS.
On the buying side, Tiger Global raised its Intel holding to 4.3 million shares, opened a new AMD position of 674,000 shares, and opened a new SpaceX position of 375,000 shares. It also exited Netflix completely.
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