Tiger Global boosts Nvidia, Amazon, Alphabet in Q2, trims Uber, JD.com, others
Tiger Global Management, the hedge fund founded by billionaire Chase Coleman III, increased its holdings in Nvidia (NASDAQ:NVDA), to 9.68M shares from 968K, Amazon (NASDAQ:AMZN), to 6.32M from 4.88M, and Alphabet (NASDAQ:GOOGL), to 10.3M from 4.06M, during Q2 2024, according to its latest 13F filing dated Wednesday.
The firm reduced its bets on Uber Technologies (NYSE:UBER), to 3.01M from 3.05M and JD.com (NASDAQ:JD), to 823K from 8.80M.
It opened new positions in Reddit (NYSE:RDDT), with 500K shares, Rubrik (NYSE:RBRK), with 250K shares, and Astera Labs (NASDAQ:ALAB), with 70K shares.
Exited stakes include Maplebear (NASDAQ:CART) and Freshworks (NASDAQ:FRSH), the filing showed.