Meta Remains Tiger Global's Top Holding as Fund Makes Aggressive Tech Bets

Tiger Global Management LLC is taking bold risks. Chase Coleman's hedge fund made aggressive fourth-quarter 2024 bets on high-growth names while shedding some underperformers, signaling a clear preference for tech and digital dominance.

Big Buys: Betting On Disruption

Tiger Global’s latest 13F filing shows that as of Dec. 31, 2024, it increased its stakes in several growth stocks, with Spotify Technology SA SPOT leading the charge—a 2.13% increase in its portfolio weighting.

The fund also jumped on Reddit Inc RDDT ahead of its much-anticipated public momentum, boosting its position by 1.11%.

Cybersecurity leader Zscaler Inc ZS and e-commerce giant PDD Holdings Inc PDD also saw meaningful increases, reinforcing Tiger's focus on digital transformation.

Read Also: 5 Top Tech Stocks Hedge Funds Have Been Bullish On In Q4 (Hint: It’s Not Nvidia)

Major Exits: A Health Check On UnitedHealth

The biggest surprise? Tiger Global slashed its UnitedHealth Group Inc UNH stake by 5.06%, moving away from the insurance titan amid regulatory uncertainties.

Also on the chopping block were Nu Holdings Ltd NU, ZoomInfo Technologies Inc ZI and Toast Inc TOST – all seeing reductions, albeit on a smaller scale.

The Core Holdings: Meta Still Reigns Supreme

Despite the shake-ups, Tiger's core conviction remains clear: Meta Platforms Inc META still dominates its portfolio, making up 16.52% of its holdings.

Other tech titans like Microsoft Corp MSFT, Alphabet Inc GOOGL GOOG and Apollo Global Management APO round out the top positions, showcasing a clear tilt toward AI, cloud computing, and digital media.

The Takeaway: Tiger's Tech-Forward Playbook

Tiger Global's fourth-quarter strategy signals a full-speed-ahead approach to tech, AI, and digital consumer trends while dialing back on legacy finance and healthcare.

With AI-driven companies and disruptive digital platforms leading the portfolio, Coleman’s fund continues to invest heavily in technology’s future – systematically removing exposure to declining sectors.

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Image created using artificial intelligence via Midjourney.