
CIK: 0001167483
Total reported value
$22.8B
Reporting period: 2026-03-31 · Number of holdings: 54
TIGER GLOBAL MANAGEMENT LLC disclosed 54 holdings in its latest 13F filing for the period ending 2026-03-31, with total reported value of $22.8B and a quarterly turnover rate of 43.0%.
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Tiger Global Management LLC's disclosed holdings carry a Herfindahl concentration index of 0.062 — mathematically equivalent to about 16 equally-sized positions, well below its 54 actual disclosed holdings. That gap points to a strategy built around a small core of high-conviction bets rather than broad diversification.
Position sizes vary widely across the portfolio (a coefficient of variation of 1.55), with a handful of outsized bets alongside many smaller positions.
Recent activity leans toward adding more aggressively to already-large existing positions than to newly initiated ones (a 3.0 percentage-point tilt) — a pattern consistent with a momentum-following approach.
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Trim MSFT
-54.4% -$1.7B
Add TSM
+49.4% $748.6M
Trim TTWO
-65.7% -$1.1B
Add NVDA
+9.1% $41.2M
Add GOOGL
0.0% -$270.5M
Add AMAT
+85.1% $336.3M
TIGER GLOBAL IS collapsing its broad tech franchise into a single high-conviction wager on foundry scarcity. Dumping MSFT, TTWO, FLUT, and APP while exploding TSM from a mid-level position into the portfolio anchor telegraphs a bet that the AI value capture point is shifting decisively from software monetization to semiconductor manufacturing. This is pure aggressive capital rotation, funded by a clean sweep of the application layer.
The macro cycle bet is a regime shift from platform economics to physical capital intensity. Tiger is implicitly short software margin expansion and long hardware bottleneck pricing power — a direct play on the belief that hyperscaler AI capex is overbuilt, compressing software margins, while TSM's monopoly on advanced nodes faces no credible competitor. The opposing thesis is that TSM is a consensus trade facing structural margin compression from its own capex demands and geopolitical tariff risk, while high-margin software platforms like MSFT are being sold into a trough in narrative sentiment, creating a painful asymmetric bet.
The specific structural vulnerability is a reflexivity trap in the concentrated factor rotation. With a momentum tilt in the 100th percentile and sector conviction at 98, Tiger is perfectly correlated to every other AI-focused momentum fund. The massive repositioning from a diversified tech book into a single geopolitically-charged national champion (TSM) creates a severe liquidity mismatch. If the AI narrative snaps or a Taiwan contingency materializes, the exit door is narrow, forcing Tiger to eat the bid against a wall of identical peer unwinds in a textbook positioning squeeze.
This narrative is produced by AI from this institution's Form 13F filings, as disclosed on SEC EDGAR, and describes past activity only. It is informational, not investment advice. View the original 2026-03-31 Form 13F filing on SEC.gov
| # | Ticker | Issuer | Asset Subclass | Weight | Weight Change | Shares Change | 4Q Trend |
|---|---|---|---|---|---|---|---|
| 1 | GOOGL | Alphabet Inc-cl A | Stock-Comm Services | 13.38% | +2.18% | — | |
| 2 | NVDA | Nvidia CORP | Stock-Tech | 9.17% | +2.26% | +9.08% | |
| 3 | AMZN | Amazon.com INC | Stock-Consumer Disc | 9.12% | +1.34% | -0.11% | |
| 4 | TSM | Taiwan Semiconductor-sp Adr | Stock-Tech | 8.23% | +4.42% | +49.38% | |
| 5 | META | Meta Platforms Inc-class A | Stock-Comm Services | 7.73% | +1.62% | +12.22% | |
| 6 | SE | Sea Ltd-adr | Stock-Comm Services | 5.59% | -1.03% | — | |
| 7 | AVGO | Broadcom INC | Stock-Tech | 4.86% | +1.51% | +24.66% | |
| 8 | MSFT | Microsoft CORP | Stock-Tech | 4.05% | -4.87% | -54.36% | |
| 9 | GEV | GE Vernova INC | Stock-Industrials | 3.72% | +1.58% | — | |
| 10 | LRCX | Lam Research CORP | Stock-Tech | 3.65% | +1.40% | — | |
| 11 | SPOT | Spotify Technology S.A. | Stock-Comm Services | 3.36% | +0.89% | +25.31% | |
| 12 | CPNG | Coupang INC | Stock-Consumer Disc | 2.86% | +0.77% | +31.71% | |
| 13 | AMAT | Applied Materials INC | Stock-Tech | 2.48% | +1.71% | +85.09% | |
| 14 | CPAY | Corpay INC | Stock-Tech | 2.23% | +0.46% | — | |
| 15 | APP | Applovin Corp-class A | Stock-Tech | 1.74% | -1.19% | -22.66% | |
| 16 | TTWO | Take-two Interactive Softwre | Stock-Comm Services | 1.73% | -3.30% | -65.75% | |
| 17 | APO | Apollo Global Management INC | Stock-Financials | 1.61% | -1.42% | -46.96% | |
| 18 | RDDT | Reddit Inc-cl A | Stock-Comm Services | 1.47% | -1.50% | -34.96% | |
| 19 | Z | Zillow Group INC - C | Stock-Comm Services | 1.33% | -0.06% | +21.66% | |
| 20 | XYZ | Block INC | Stock-Financials | 1.05% | -0.34% | -37.15% | |
| 21 | NFLX | Netflix INC | Stock-Comm Services | 1.03% | +0.26% | — | |
| 22 | MELI | Mercadolibre INC | Stock-Consumer Disc | 1.02% | +1.02% | NEW | |
| 23 | FWONK | Liberty Media Corp-formula-c | Stock-Comm Services | 1.00% | +0.11% | — | |
| 24 | ZS | Zscaler INC | Stock-Tech | 0.97% | -0.23% | — | |
| 25 | CHYM | Chime Financial Inc-cl A | Stock-Other | 0.91% | -0.29% | -21.92% | |
| 26 | NU | Nu Holdings Ltd. | Stock-Financials | 0.69% | +0.07% | — | |
| 27 | NOW | Servicenow INC | Stock-Tech | 0.69% | -0.41% | -29.47% | |
| 28 | WLTH | Wealthfront CORP | Stock-Other | 0.61% | -0.08% | — | |
| 29 | PCOR | Procore Technologies INC | Stock-Tech | 0.58% | +0.01% | — | |
| 30 | LITE | Lumentum Holdings INC | Stock-Tech | 0.42% | +0.42% | NEW | |
| 31 | UNH | Unitedhealth Group INC | Stock-Healthcare | 0.42% | -0.05% | -16.60% | |
| 32 | EQPT | Equipmentshare.com Inc-a | Stock-Other | 0.41% | +0.41% | NEW | |
| 33 | SHW | Sherwin-williams Co/the | Stock-Materials | 0.36% | — | — | |
| 34 | INTC | Intel CORP | Stock-Tech | 0.32% | +0.32% | NEW | |
| 35 | CSGP | Costar Group INC | Stock-Real Estate | 0.26% | -0.25% | -33.60% | |
| 36 | RERE | Atrenew INC | Stock-Other | 0.20% | +0.02% | — | |
| 37 | ZG | Zillow Group INC - A | Stock-Comm Services | 0.19% | -0.05% | — | |
| 38 | ✓ | Stock-Other | 0.14% | -0.04% | — | ||
| 39 | PONY | Pony Ai INC | Stock-Other | 0.12% | -0.02% | — | |
| 40 | UBER | Uber Technologies INC | Stock-Industrials | 0.05% | — | — | |
| 41 | RVI | Robinhood Ventures Fund I | Stock-Other | 0.05% | +0.05% | NEW | |
| 42 | JD | Jd.com Inc-adr | Stock-Consumer Disc | 0.04% | — | — | |
| 43 | PAYP | Paypay CORP | Stock-Other | 0.04% | +0.04% | NEW | |
| 44 | FIGR | Figure Technology Solut-cl A | Stock-Other | 0.03% | — | — | |
| 45 | NTSK | Netskope Inc-cl A | Stock-Other | 0.02% | -0.01% | — | |
| 46 | XNDU | Xanadu Quantum Technolo-cl B | Stock-Other | 0.02% | +0.02% | NEW | |
| 47 | DASH | Doordash INC - A | Stock-Consumer Disc | 0.02% | — | — | |
| 48 | ✓ | Stock-Other | 0.02% | — | — | ||
| 49 | ETOR | eToro Group Ltd. | Stock-Other | 0.01% | — | — | |
| 50 | KLAR | Klarna Group plc | Stock-Other | 0.01% | -0.01% | — |
Performance for Q3 2026
+0.3%
Performance Last 4 Quarters
+2.2%
Based on 83% of reported portfolio value with available pricing
| Period | Holdings | Total value | Stability | Top holdings | |
|---|---|---|---|---|---|
| 2026 Q1 | 54 | $22.8B | 43 | ||
| 2025 Q4 | 54 | $29.7B | 19 | ||
| 2025 Q3 | 56 | $32.4B | 51 | ||
| 2025 Q2 | 50 | $34.1B | 0 | ||
| 2025 Q1 | 45 | $26.6B | 100 | ||
| 2024 Q4 | 49 | $26.5B | 0 | ||
| 2024 Q3 | 45 | $23.4B | 0 | ||
| 2024 Q2 | 44 | $21.6B | 0 | ||
| 2024 Q1 | 41 | $18.3B | 0 | ||
| 2023 Q4 | 39 | $14.1B | 0 | ||
| 2023 Q3 | 48 | $13.6B | 0 | ||
| 2023 Q2 | 41 | $12.0B | 0 | ||
| 2023 Q1 | 56 | $11.0B | 0 | ||
| 2022 Q4 | 55 | $8.2B | 0 | ||
| 2022 Q3 | 64 | $10.9B | 0 | ||
| 2022 Q2 | 73 | $11.9B | 0 | ||
| 2022 Q1 | 88 | $26.6B | 0 | ||
| 2021 Q4 | 169 | $45.9B | 0 | ||
| 2021 Q3 | 161 | $52.1B | 0 | ||
| 2021 Q2 | 141 | $53.8B | 89 | ||
| 2021 Q1 | 120 | $43.5B | 28 | ||
| 2020 Q4 | 97 | $39.0B | 38 | ||
| 2020 Q3 | 90 | $35.5B | 35 | ||
| 2020 Q2 | 73 | $25.8B | 45 | ||
| 2020 Q1 | 74 | $16.6B | 28 | ||
| 2019 Q4 | 73 | $18.1B | 37 | ||
| 2019 Q3 | 84 | $18.9B | 34 | ||
| 2019 Q2 | 74 | $18.5B | 29 | ||
| 2019 Q1 | 69 | $18.1B | 34 | ||
| 2018 Q4 | 66 | $15.0B | 40 | ||
| 2018 Q3 | 67 | $21.1B | 28 | ||
| 2018 Q2 | 61 | $19.2B | 33 | ||
| 2018 Q1 | 54 | $15.0B | 52 | ||
| 2017 Q4 | 53 | $12.7B | 28 | ||
| 2017 Q3 | 47 | $14.7B | 33 | ||
| 2017 Q2 | 43 | $11.6B | 29 | ||
| 2017 Q1 | 41 | $10.0B | 38 | ||
| 2016 Q4 | 37 | $8.0B | 45 | ||
| 2016 Q3 | 27 | $6.9B | 40 | ||
| 2016 Q2 | 20 | $5.1B | 86 | ||
| 2016 Q1 | 26 | $6.9B | 65 | ||
| 2015 Q4 | 41 | $12.4B | 50 | ||
| 2015 Q3 | 34 | $8.1B | 63 | ||
| 2015 Q2 | 40 | $9.8B | 93 | ||
| 2015 Q1 | 54 | $9.1B | 42 | ||
| 2014 Q4 | 61 | $8.5B | 52 | ||
| 2014 Q3 | 48 | $7.5B | 60 | ||
| 2014 Q2 | 58 | $7.9B | 64 | ||
| 2014 Q1 | 55 | $7.4B | 45 | ||
| 2013 Q4 | 61 | $8.0B | 44 | ||
| 2013 Q3 | 36 | $6.0B | 60 | ||
| 2013 Q2 | 43 | $5.7B | 0 |
Tiger Global Management LLC's most significant position changes for 2026-03-31: Sold out: Flutter Entertainment plc (FLUT); Sold out: Veeva Systems Inc-class A (VEEV); Sold out: Grab Holdings Limited (GRAB); New buy: Mercadolibre INC (MELI); Sold out: Workday Inc-class A (WDAY).
| # | Ticker | Issuer | Weight Change | Shares Change | Action |
|---|---|---|---|---|---|
| 1 | TSM | Taiwan Semiconductor-sp Adr | +4.4% | +49.38% | Add |
| 2 | NVDA | Nvidia CORP | +2.3% | +9.08% | Add |
| 3 | GOOGL | Alphabet Inc-cl A | +2.2% | — | Unchanged |
| 4 | AMAT | Applied Materials INC | +1.7% | +85.09% | Add |
| 5 | META | Meta Platforms Inc-class A | +1.6% | +12.22% | Add |
| 6 | GEV | GE Vernova INC | +1.6% | — | Unchanged |
| 7 | AVGO | Broadcom INC | +1.5% | +24.66% | Add |
| 8 | LRCX | Lam Research CORP | +1.4% | — | Unchanged |
| 9 | AMZN | Amazon.com INC | +1.3% | -0.11% | Trim |
| 10 | SPOT | Spotify Technology S.A. | +0.9% | +25.31% | Add |
| 11 | CPNG | Coupang INC | +0.8% | +31.71% | Add |
| 12 | CPAY | Corpay INC | +0.5% | — | Unchanged |
| 13 | NFLX | Netflix INC | +0.3% | — | Unchanged |
| 14 | FWONK | Liberty Media Corp-formula-c | +0.1% | — | Unchanged |
| 15 | NU | Nu Holdings Ltd. | +0.1% | — | Unchanged |
| 16 | RERE | Atrenew INC | 0% | — | Unchanged |
| 17 | PCOR | Procore Technologies INC | 0% | — | Unchanged |
| 18 | NTSK | Netskope Inc-cl A | 0% | — | Unchanged |
| 19 | KLAR | Klarna Group plc | 0% | — | Unchanged |
| 20 | PONY | Pony Ai INC | 0% | — | Unchanged |
| 21 | ✓ | 0% | — | Unchanged | |
| 22 | UNH | Unitedhealth Group INC | -0.1% | -16.60% | Trim |
| 23 | ZG | Zillow Group INC - A | -0.1% | — | Unchanged |
| 24 | Z | Zillow Group INC - C | -0.1% | +21.66% | Add |
| 25 | WLTH | Wealthfront CORP | -0.1% | — | Unchanged |
| 26 | ZS | Zscaler INC | -0.2% | — | Unchanged |
| 27 | CSGP | Costar Group INC | -0.3% | -33.60% | Trim |
| 28 | CHYM | Chime Financial Inc-cl A | -0.3% | -21.92% | Trim |
| 29 | XYZ | Block INC | -0.3% | -37.15% | Trim |
| 30 | NOW | Servicenow INC | -0.4% | -29.47% | Trim |
| 31 | SE | Sea Ltd-adr | -1% | — | Unchanged |
| 32 | APP | Applovin Corp-class A | -1.2% | -22.66% | Trim |
| 33 | APO | Apollo Global Management INC | -1.4% | -46.96% | Trim |
| 34 | RDDT | Reddit Inc-cl A | -1.5% | -34.96% | Trim |
| 35 | TTWO | Take-two Interactive Softwre | -3.3% | -65.75% | Trim |
| 36 | MSFT | Microsoft CORP | -4.9% | -54.36% | Trim |
| 37 | FLUT | Flutter Entertainment plc | — | EXIT | Sold out |
| 38 | VEEV | Veeva Systems Inc-class A | — | EXIT | Sold out |
| 39 | GRAB | Grab Holdings Limited | — | EXIT | Sold out |
| 40 | MELI | Mercadolibre INC | — | NEW | New buy |
| 41 | WDAY | Workday Inc-class A | — | EXIT | Sold out |
| 42 | VOO | Vanguard S&P 500 ETF | — | EXIT | Sold out |
| 43 | LITE | Lumentum Holdings INC | — | NEW | New buy |
| 44 | EQPT | Equipmentshare.com Inc-a | — | NEW | New buy |
| 45 | HNGE | Hinge Health Inc-a | — | EXIT | Sold out |
| 46 | INTC | Intel CORP | — | NEW | New buy |
| 47 | CRCL | Circle Internet Group INC | — | EXIT | Sold out |
| 48 | RVI | Robinhood Ventures Fund I | — | NEW | New buy |
| 49 | PAYP | Paypay CORP | — | NEW | New buy |
| 50 | XNDU | Xanadu Quantum Technolo-cl B | — | NEW | New buy |
| Period | Filed | Type | EDGAR |
|---|---|---|---|
| 2026 Q1 | 2026-05-15 | 13F-HR | View on EDGAR |
| 2025 Q4 | 2026-02-17 | 13F-HR | View on EDGAR |
| 2025 Q3 | 2025-11-14 | 13F-HR | View on EDGAR |
| 2025 Q2 | 2025-08-14 | 13F-HR | View on EDGAR |
| 2025 Q1 | 2025-05-15 | 13F-HR | View on EDGAR |
| 2024 Q4 | 2025-02-14 | 13F-HR | View on EDGAR |
| 2024 Q3 | 2024-11-14 | 13F-HR | View on EDGAR |
| 2024 Q2 | 2024-08-14 | 13F-HR | View on EDGAR |
| 2024 Q1 | 2024-05-15 | 13F-HR | View on EDGAR |
| 2023 Q4 | 2024-02-14 | 13F-HR | View on EDGAR |
| 2023 Q3 | 2023-11-14 | 13F-HR | View on EDGAR |
| 2023 Q2 | 2023-08-14 | 13F-HR | View on EDGAR |
| 2023 Q1 | 2023-05-15 | 13F-HR | View on EDGAR |
| 2022 Q4 | 2023-02-14 | 13F-HR | View on EDGAR |
| 2022 Q3 | 2022-11-14 | 13F-HR | View on EDGAR |
| 2022 Q2 | 2022-08-15 | 13F-HR | View on EDGAR |
| 2022 Q1 | 2022-05-16 | 13F-HR | View on EDGAR |
| 2021 Q4 | 2022-02-14 | 13F-HR | View on EDGAR |
| 2021 Q3 | 2021-11-15 | 13F-HR | View on EDGAR |
| 2021 Q2 | 2021-08-16 | 13F-HR | View on EDGAR |
| 2021 Q1 | 2021-05-17 | 13F-HR | View on EDGAR |
| 2020 Q4 | 2021-02-16 | 13F-HR | View on EDGAR |
| 2020 Q3 | 2020-11-16 | 13F-HR | View on EDGAR |
| 2020 Q2 | 2020-08-14 | 13F-HR | View on EDGAR |
| 2020 Q1 | 2020-05-15 | 13F-HR | View on EDGAR |
| 2019 Q4 | 2020-02-14 | 13F-HR | View on EDGAR |
| 2019 Q3 | 2019-11-14 | 13F-HR | View on EDGAR |
| 2019 Q2 | 2019-08-14 | 13F-HR | View on EDGAR |
| 2019 Q1 | 2019-05-15 | 13F-HR | View on EDGAR |
| 2018 Q4 | 2019-02-14 | 13F-HR | View on EDGAR |
| 2018 Q3 | 2018-11-14 | 13F-HR | View on EDGAR |
| 2018 Q2 | 2018-08-14 | 13F-HR | View on EDGAR |
| 2018 Q1 | 2018-05-15 | 13F-HR | View on EDGAR |
| 2017 Q4 | 2018-02-14 | 13F-HR | View on EDGAR |
| 2017 Q3 | 2017-11-14 | 13F-HR | View on EDGAR |
| 2017 Q2 | 2017-08-14 | 13F-HR | View on EDGAR |
| 2017 Q1 | 2017-05-15 | 13F-HR | View on EDGAR |
| 2016 Q4 | 2017-02-14 | 13F-HR | View on EDGAR |
| 2016 Q3 | 2016-11-14 | 13F-HR | View on EDGAR |
| 2016 Q2 | 2016-08-15 | 13F-HR | View on EDGAR |
| 2016 Q1 | 2016-05-16 | 13F-HR | View on EDGAR |
| 2015 Q4 | 2016-02-16 | 13F-HR | View on EDGAR |
| 2015 Q3 | 2015-11-16 | 13F-HR | View on EDGAR |
| 2015 Q2 | 2015-08-14 | 13F-HR | View on EDGAR |
| 2015 Q1 | 2015-05-15 | 13F-HR | View on EDGAR |
| 2014 Q4 | 2015-02-17 | 13F-HR | View on EDGAR |
| 2014 Q3 | 2014-11-14 | 13F-HR | View on EDGAR |
| 2014 Q2 | 2014-08-14 | 13F-HR | View on EDGAR |
| 2014 Q1 | 2014-05-15 | 13F-HR | View on EDGAR |
| 2013 Q4 | 2014-02-14 | 13F-HR | View on EDGAR |
| 2013 Q3 | 2013-11-14 | 13F-HR | View on EDGAR |
| 2013 Q2 | 2013-08-14 | 13F-HR | View on EDGAR |
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