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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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