Tiger Global reduced holdings in tech giants in Q2 and bet on “new stars”: built positions in Cerebras (CBRS.US), AMD (AMD.US), SpaceX (SPCX.US), increased holdings in Intel (INTC.US), and exited Netflix (NFLX.US).

According to Golden Ten Data APP, based on disclosures from the U.S. Securities and Exchange Commission (SEC), TIGER GLOBAL has submitted its second-quarter holdings report (13F) as of June 30, 2026.

Statistics indicate that TIGER GLOBAL’s total market value of holdings in the second quarter reached $24 billion, compared to $22.8 billion in the previous quarter. In the second-quarter portfolio, the institution added 9 stocks, increased holdings in 6 stocks; meanwhile, reduced holdings in 20 stocks, and fully exited 17 stocks. TIGER GLOBAL’s top ten holdings accounted for 67.06% of the total market value.

Among the top five heavyweights, TSMC (TSM.US) ranked first with approximately 4.881 million shares and a market value of about $2.331 billion, making up 9.72% of the portfolio. The number of shares held decreased by 12.29% compared to the previous quarter.

Amazon (AMZN.US) ranked second with approximately 9.6835 million shares and a market value of about $2.308 billion, accounting for 9.62% of the portfolio. The number of shares held decreased by 3.16% compared to the previous quarter.

NVIDIA (NVDA.US) was third, holding approximately 11.1988 million shares with a market value of about $2.241 billion, representing 9.34% of the portfolio. The number of shares held decreased by 6.77% compared to the previous quarter.

Google (GOOGL.US) ranked fourth with approximately 5.8057 million shares and a market value of about $2.075 billion, accounting for 8.65% of the portfolio. The number of shares held was cut significantly, down 45.39% compared to last quarter.

Meta (META.US) ranked fifth with approximately 2.8232 million shares, a market value of about $1.59 billion, making up 6.63% of the portfolio. The number of shares held decreased by 8.54% compared to the previous quarter.

While reducing holdings in multiple major tech giants, TIGER GLOBAL established new positions in Cerebras Systems (CBRS.US), AMD (AMD.US), Seagate Technology (STX.US), Visa (V.US), and SpaceX (SPCX.US) in Q2, aggressively purchasing 2.999 million shares of Cerebras, accounting for 2.76% of holdings.

Meanwhile, the institution increased its Intel (INTC.US) position by 2.614 million shares (2.48% of holdings), and added 28,800 shares of Reddit (RDDT.US), accounting for 1.83% of holdings.

Additionally, the institution fully exited Netflix (NFLX.US), Lumentum (LITE.US), Applovin (APP.US), and Klarna (KLAR.US). Besides the major reduction in Google holdings, TIGER GLOBAL also significantly reduced its position in Broadcom (AVGO.US) by 1.8307 million shares, with the holding proportion falling by 51.07%, and cut Spotify (SPOT.US) by 409,300 shares, with the holding proportion declining by 25.89% this quarter.

In terms of changes in holding proportions, the top five buys were: Cerebras Systems, Intel, AMD, Seagate Technology, and Visa.

The top five sells included: Google, Broadcom, Applovin, Zillow (Z.US), and Spotify.