Tiger Global Management reduced several of its major Big Tech holdings, exited Netflix and added new positions in Advanced Micro Devices and SpaceX during the second quarter, according to regulatory filings released on Friday, as per a report by Reuters.
The hedge fund cut its Alphabet stake by 45.4% to 5.81 million shares as of June 30, compared with the end of March. It also reduced its Nvidia holding by 6.8% to 11.20 million shares, while its Microsoft position fell 9.3% to 2.27 million shares.