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Tiger Global Management says it initiated new positions in Intel, Robinhood during first quarter
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Tiger Global Management says it initiated new positions in Intel, Robinhood during first quarter
May 15, 2026 1:27 PM

PROVIDENCE, Rhode Island, May 15, 2026 (Reuters) - Tiger

Global Management, the $78 billion hedge fund launched and

overseen by Chase Coleman III, a former disciple of legendary

hedge fund manager Julian Robertson, said it initiated new

positions in an array of stocks including Intel ( INTC ) and

Robinhood Markets ( HOOD ) during the first quarter of 2026,

according to a filing with the U.S. Securities and Exchange

Commission on Friday.

Tiger's other portfolio changes included liquidating its

holdings of several companies that included Circle Internet

Group ( CRCL ) and Workday, while reducing its holdings

of Microsoft ( MSFT ) and Apollo Global Management ( APO ).

These 13-F filings with the SEC offer a glimpse into the

portfolios of large institutional investors, from hedge funds to

pension funds and endowments. These asset managers are required

to submit a snapshot of their portfolios to the SEC within 45

days of the end of each quarter. The filings do not reflect any

changes the firms may have made to positions following March 31.

Tiger was far from alone in initiating a new position in

Intel ( INTC ) during the quarter. The chipmaker's stock has soared

nearly 200% so far this year, and more than 2,000 institutional

investors began adding it to their portfolios during the first

quarter, according to a Reuters review of more than 6,000 13-F

filings submitted to the SEC so far. Their ranks include

Northern Trust ( NTRS ), Neuberger Berman and MetLife Asset

Management.

Tiger's 1.6-million-share stake in Intel ( INTC ) was worth $72.3

million as of March 31, while its 400,000-share position in

Robinhood was valued at $10.6 million. The largest of Tiger's

portfolio additions was a stake in Mercadolibre ( MELI ) worth

$233.4 million.

The hedge fund also boosted its holdings of other major

semiconductor firms. Its stake in Taiwan Semiconductor

Manufacturing ( TSM ) rose by 49% in the period, giving its

holdings a value of $1.88 billion as of March 31. It reported an

85% jump in the size of its stake in Applied Materials ( AMAT ),

giving its 895,200-share holding a value of $533 million as of

March 31.

(Suzanne McGee in Providence, Rhode Island, additional

reporting by Akash Sriram in Bengaluru; Editing by David

Gregorio)

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