Billionaire investor Chase Coleman started his career at Julian Robertson’s legendary Tiger Management, and when the fund closed in 2000, he started his own firm, Tiger Global Management.
Now, Coleman is well known for chasing hot tech names worldwide, investing in both public stocks and private startups, keeping the aggressive style Robertson was famous for. Now the best-known “Tiger Cubs,” Tiger Global has a 1-year performance of 41.38% and a 3-year gain of 105.17%, according to data from Stockcircle.
Coleman’s famous investments include early bets on Google (GOOGL) and Amazon (AMZN) , as well as building positions in private companies like Facebook (now Meta (META) ) and LinkedIn before their IPOs.
That same eye now guides his latest moves, blending bold new bets with timely exits.
During the second quarter of 2025, Coleman significantly increased his portfolio value and shuffled key holdings. Here are some of his most notable moves.
Top buys: Amazon, Reddit, Nvidia, Broadcom, and a new Circle stake
According to a latest 13F filing, Coleman’s Tiger Global ramped up its Big Tech bets in Q2, driving a 28% jump in the value of its public holdings from $26.6 billion at the end of Q1 to $34.1 billion as of June 30.
That includes adding shares of several mega-cap tech names and starting a new position in a recently listed stock.
Related: Warren Buffett buys battered stock, sells more Apple
Amazon was the top buy. Tiger Global added its Amazon holdings by over 4.1 million shares, or roughly 62.2%, bringing its total to about 10.7 million shares by quarter’s end.
This major purchase vaulted the e-commerce giant’s value in the portfolio from $1.25 billion to $2.34 billion, making it Tiger Global’s fourth-largest holding, accounting for 6.9%.
In Q2 2025, Amazon delivered a 13 % revenue increase to $167.7 billion. Still, Amazon shares slid after the Q2 earnings report as it gave lighter-than-expected income guidance for the current period.
The fund also expanded its Reddit (RDDT) stake by 89.2%, bringing it to about 6.1 million shares.
It also increased its exposure to the semiconductor leaders, adding shares of Nvidia (NVDA) by 6.8% to about 11.7 million shares.
The move reflects confidence in Nvidia’s position at the center of AI hardware demand. The stock is up 34% this year and is trading near a record, closing at $180.45 on August 15.
The recent bullish narrative was partly driven by renewed access to China’s market, after the U.S. approved AI chip exports under a deal requiring a 15% fee on China sales.
The fund’s stake in Broadcom (AVGO) also got a lift, with a 19% rise to about 2.7 million shares.
The fund’s Q2 filing showed a notable new position in Circle Internet (CRCL) , buying 125,000 shares of the stablecoin and digital payments company.
The stock has fallen about 23.6% over the past month but remains up 116% since its June IPO. Wall Street analysts have an average price target of $171.43, suggesting roughly 15% upside.
Top Sells: PDD, DoorDash, ServiceNow
Tiger Global’s biggest sales in the second quarter were Chinese e-commerce company PDD Holdings (PDD) , DoorDash (DASH) , and ServiceNow (NOW) .
The firm exited PDD entirely, closing what had once been a sizable stake. PDD, the parent of Temu, is up 26% year-to-date. The sell-off may reflect caution over U.S.–China trade tensions or a decision to allocate capital in other tech names.
Related: Cathie Wood sells $28 million of popular AI stock
In DoorDash, Tiger Global sold nearly all of its holdings, about 98.8% or roughly 2.17 million shares.
The fund first started a position in DoorDash in late 2020, exited in the fourth quarter of 2022 after a prolonged slump, and then rebuilt the stake in the third quarter of 2023.
Fund manager buys and sells
- Stocks & Markets Podcast: Sectors to Avoid With Jay Woods
- Veteran fund manager sends urgent 9-word message on stocks
- Fund manager explains why tariffs may not be a big deal after all
The stock is up nearly 50% year-to-date. The recent sale could mark another deliberate exit, taking advantage of a higher price to lock in gains.
ServiceNow was also reduced. Tiger Global cut the position by 48%, leaving about 300,000 shares. While ServiceNow remains a strong player in enterprise workflow software, the reduction also likely suggests a profit-taking approach.
