Tiger Global Management cuts stakes in Big Tech, buys into SpaceX

Saturday, 15 August 2026 - 1:10

Tiger+Global+Management+cuts+stakes+in+Big+Tech%2C+buys+into+SpaceX
Tiger Global Management trimmed several of its Big Tech stakes, exited Netflix, and took positions in Advanced Micro Devices ​and SpaceX during the second quarter, according to regulatory ‌disclosures filed Friday.

Here are more details from its quarterly 13-F filings with the U.S. Securities and Exchange Commission:

The hedge fund cut its Alphabet (GOOGL.O), opens new tab holdings by ​45.4% to 5.81 million shares as of June 30 ​from the end of March, and its Nvidia (NVDA.O), opens new tab stake by 6.8% ⁠to 11.20 million shares.
It trimmed its Microsoft (MSFT.O), opens new tab stake by 9.3% ​to 2.27 million shares and its Amazon (AMZN.O), opens new tab position by 3.2% to 9.68 million ​shares.
The hedge fund reduced its holding in Meta Platforms (META.O), opens new tab by 8.5% to 2.82 million.
The filings showed that Tiger Global sold its entire 2.44 million-share Netflix position, ​valued at about $234.5 million, at the end of the first ​quarter.
The investment firm also cut its Broadcom (AVGO.O), opens new tab stake by about 51% to ‌1.75 ⁠million shares and reduced its Taiwan Semiconductor Manufacturing holding by 12.3% to 4.88 million American depositary shares.
Meanwhile, it more than doubled its stake in Intel (INTC.O), opens new tab to 4.25 million shares from 1.64 million shares ​in the prior ​quarter.
It also established ⁠a 674,727-share position in Advanced Micro Devices (AMD.O), opens new tab, valued at roughly $392 million as of June 30, and ​reported a 375,000-share stake in SpaceX, valued at ​about $64.1 million.
13-F ⁠filings provide a snapshot of certain U.S.-listed equity holdings at the end of a quarter but do not disclose subsequent trading, short ⁠positions ​or the fund's full portfolio.
The changes ​in holdings are as of June 30, compared with the prior quarter ended March ​31.

-Reuters


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