Tiger Global Management‘s 13F filing issued Monday shows notable shifts in its portfolio over the course of the first quarter.
What Happened: Microsoft Corporation MSFT remains Tiger Global’s largest holding, with 5,931,829 shares valued at $1.71 billion, representing 15.55% of the portfolio. The hedge fund increased its stake in Microsoft by 12%.
Meta Platforms Inc META comes in second, representing 14.37% of the portfolio. Despite a 6% decrease in shares, its market value stands at $1.58 billion.
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Consumer discretionary stocks JD.com, Inc JD and Amazon.com, Inc AMZN follow, comprising 9.61% and 9.1% of the portfolio, respectively, with the stocks experiencing a 10% and 12% respective increase in holdings.
Alphabet Inc GOOGL is the fifth-largest holding. Other notable investments include ServiceNow NOW, which saw no change, and Take-Two Interactive Software TTWO, with a whopping 236% increase in shares.
Tiger Global also opened new positions in Apple Inc AAPL, Taiwan Semiconductor Mfg. TSM, and XP Inc. XP. The hedge fund’s diversified portfolio, with a mix of tech and finance stocks, indicates a bullish stance toward the technology sector and a steady confidence in the financial sector.
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