Tiger Global Slashes Meta (META.US) Holdings by Over 60% in Q3, Initiates Netflix (NFLX.US) Position and Exits CrowdStrike (CRWD.US)

Stock News
11/17

Tiger Global Management disclosed its Q3 2025 portfolio holdings (13F) to the U.S. Securities and Exchange Commission (SEC). The firm's total portfolio value stood at $32.4 billion, down from $34.1 billion in the previous quarter.

In Q3, Tiger Global added 10 new stocks, increased positions in 7, reduced holdings in 5, and fully exited 4 positions. Its top 10 holdings accounted for 64.36% of the portfolio.

Top five holdings remained largely unchanged: 1. **Microsoft (MSFT.US)**: 6.55 million shares ($3.39 billion, 10.49% of portfolio). 2. **Sea (SE.US)**: 16.04 million shares ($2.87 billion, 8.86%). 3. **Alphabet (GOOGL.US)**: 10.63 million shares ($2.58 billion, 7.99%). 4. **Amazon (AMZN.US)**: 11.04 million shares ($2.43 billion, 7.49%), up 3.35% QoQ. 5. **Nvidia (NVDA.US)**: 11.71 million shares ($2.19 billion, 6.75%).

Notably, **Meta Platforms (META.US)**—previously the top holding—fell to sixth place after Tiger Global slashed its position by 4.71 million shares (-62.58%).

**New Positions**: - Initiated a 202,000-share stake in **Netflix (NFLX.US)** (0.75% of portfolio). - Added positions in Klarna (KLAR.US) and MongoDB (MDB.US).

**Exited Positions**: - Fully sold out of **CrowdStrike (CRWD.US)**, Zhenkunhang (ZKH.US), and weight-loss drug leaders **Eli Lilly (LLY.US)** (1.51 million shares) and **Novo Nordisk (NVO.US)** (1.27 million shares).

**Key Increases**: - **Amazon**: +358,000 shares (+3.35%). - **Broadcom (AVGO.US)**: +186,000 shares (+6.9%).

**Key Decreases**: - **Reddit (RDDT.US)**: -1.48 million shares (-24.01%). - **Zillow (Z.US)**: -1.18 million shares (-19.01%).

**Top Buys**: Broadcom, Netflix, Amazon, GE Vernova (GEV.US), and Coupang (CPNG.US). **Top Sells**: Meta, Eli Lilly, Sherwin-Williams (SHW.US), CrowdStrike, and Novo Nordisk.

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