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Tiger Global buys Qualcomm, exits Instacart in Q2

Tiger Global buys Qualcomm, exits Instacart in Q2

Chase Coleman’s Tiger Global disclosed in an SEC filing its holdings as of June 30, 2024. The fund’s new buys during the second quarter included, by size of position, UnitedHealth (UNH), Qualcomm (QCOM), Applied Materials (AMAT), ZKH Group (ZKH), and Rubrik (RBRK). Tiger exited two positions during the quarter, namely Instacart (CART) and Freshworks (FRSH). The fund increased its stake in multiple holdings, including by size of previous position Sea Ltd. (SE), Eli Lilly (LLY), Grab Holdings (GRAB), and TSMC (TSM). Tiger reduced its stake in several holdings, including by size of previous position Corpay (CPAY), ZoomInfo (ZI), and JD.com (JD). The fund’s top holdings as of June 30, in order of size, were Meta (META), Microsoft (MSFT), Alphabet Class A (GOOGL), Apollo Global (APO), and Amazon (AMZN).

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