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Tiger Global Management cuts stakes in Big Tech, buys into SpaceX
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Tiger Global Management cuts stakes in Big Tech, buys into SpaceX
Aug 14, 2026 12:36 PM

Aug 14 (Reuters) - Tiger Global Management trimmed several of its Big Tech stakes, exited Netflix ( NFLX ), and took positions in Advanced Micro Devices ( AMD ) 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 holdings by 45.4% to 5.81 million shares as of June 30 from the end of March, and its Nvidia ( NVDA ) stake by 6.8% to 11.20 million shares.

-- It trimmed its Microsoft ( MSFT ) stake by 9.3% to 2.27 million shares and its Amazon ( AMZN ) position by 3.2% to 9.68 million shares.

-- The hedge fund reduced its holding in Meta Platforms ( META ) by 8.5% to 2.82 million.

-- The filings showed that Tiger Global sold its entire 2.44 million-share Netflix ( NFLX ) position, valued at about $234.5 million, at the end of the first quarter.

-- The investment firm also cut its Broadcom ( AVGO ) stake by about 51% to 1.75 million shares and reduced its Taiwan Semiconductor Manufacturing ( TSM ) holding by 12.3% to 4.88 million American depositary shares.

-- Meanwhile, it more than doubled its stake in Intel ( INTC ) 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 ), 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.

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