The fund trimmed its stake in the Facebook parent company by 62.6%, leaving it with 2.8 million shares valued at approximately $2.1 billion as of September 30. In addition to Meta, Tiger Global also exited positions in several high-profile names, including drugmakers Eli Lilly and Novo Nordisk, as well as cybersecurity firm CrowdStrike.
Tiger Global, an offshoot of the famed investor Julian Robertson’s Tiger Management and part of the so-called “Tiger Cub” cohort of stock-picking hedge funds, redirected capital toward new investments. The firm established positions in streaming giant Netflix and buy-now-pay-later company Klarna, signaling a strategic pivot toward technology and consumer-focused businesses.
The fund’s performance for the first half of 2025 showed a gain of roughly 4.5%, trailing most of its top multi-strategy peers. Analysts suggest that the recent portfolio adjustments reflect Tiger Global’s efforts to position itself for growth opportunities while managing exposure to areas that may face near-term headwinds.