Tiger Global Fund Q2 Holdings: Meta as the top heavy position, initiating positions in Unitedhealth, Qualcomm, etc

Zhitong
2024.08.15 02:01
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Tiger Global Fund (Q2) disclosed its holdings report, as of June 30, 2024, the total market value of the fund reached $21.6 billion, an increase from $18.3 billion in the previous quarter. The fund added 5 new stocks, increased holdings in 4, reduced holdings in 3, and cleared out 2. Meta is the largest holding, with a market value of approximately $3.8 billion, accounting for 17.41% of the investment portfolio. The top five holdings also include Microsoft, Google, Apollo Global Management, and Amazon. New investments include Unitedhealth and Qualcomm, among others

According to the disclosure from the U.S. Securities and Exchange Commission (SEC) obtained by Zhitong Finance APP, Tiger Global submitted its second-quarter position report (13F) as of June 30, 2024.

The statistical data shows that Tiger Global's total market value of holdings in the second quarter reached $21.6 billion, compared to $18.3 billion in the previous quarter. In the second quarter, Tiger Global added 5 new stocks to its portfolio and increased its holdings in 4 stocks. At the same time, Tiger Global reduced its holdings in 3 stocks and completely sold off 2 stocks. Among them, the top ten holdings of Tiger Global accounted for 73.8% of the total market value.

Among the top five major holdings, Meta (META.US) ranked first with approximately 7.47 million shares, a holding market value of around $3.8 billion, accounting for 17.41% of the investment portfolio.

Microsoft (MSFT.US) ranked second with approximately 5.34 million shares, a holding market value of around $2.4 billion, accounting for 11.05% of the investment portfolio.

Google (GOOGL.US) ranked third with approximately 10.31 million shares, a holding market value of around $1.9 billion, accounting for 8.68% of the investment portfolio.

Apollo Global Management (APO.US) ranked fourth with approximately 12.29 million shares, a holding market value of around $1.5 billion, accounting for 6.71% of the investment portfolio.

Amazon (AMZN.US) ranked fifth with approximately 6.32 million shares, a holding market value of around $1.2 billion, accounting for 5.36% of the investment portfolio.

The sixth to tenth major holdings are: NVIDIA (NVDA.US), UnitedHealth (UNH.US), Sea Limited (SE.US), Take-Two Interactive (TTWO.US), Eli Lilly (LLY.US).

In the second quarter, Tiger Global initiated positions in UnitedHealth, Qualcomm (QCOM.US), Applied Materials (AMAT.US), ZEEKR (ZKH.US), Rubrik (RBRK.US), while completely selling off Freshworks (FRSH.US) and Instacart (CART.US).

Looking at the changes in holdings proportion, the top five stocks bought are: UnitedHealth, Qualcomm, Applied Materials, Sea Limited, Grab Holdings (GRAB.US) The top five selling targets are: Corpay (CPAY.US), ZoomInfo (ZI.US), JD.com (JD.US), Instacart, Freshworks.

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