Tiger Global

Q4 2025 13F · by Chase Coleman, CIO

As of: Dec 31, 2025
Filed: Feb 17, 2026
US stock: $29.7B · prev $32.4B
Positions: 54 · prev 56
Options notional: $0
Documents: 1· no amendments

Picture100.0% US stock

Full picture · of what this 13F reports is US stock

US stock listed on a US exchange 100.0%
Foreign stock not listed in the US 0.0%
Notes debt, at principal 0.0%
Puts at notional value 0.0%
Calls at notional value 0.0%

Moves32 since the prior filing

+3.0 pp in · −6.5 pp out

New 1 +0.69 pp
Added 11 +2.27 pp
Trimmed 17 −6.18 pp
Exited 3 −0.34 pp

The book

Concentrated · behaves like 19 equal-sized positions

Very concentrated
Concentrated
Focused
Diversified

Low turnover · 14% a year, about 7.1 years per position

Low
Moderate
High

Top 5 positions41% of US stock

Positions54 in this filing · 3 exited


GOOGLAlphabet Inc. Class A	11.20%	10,631,402	$3.3B	held	—	15 q
MSFTMicrosoft Corp	8.92%	5,477,747	$2.6B	trimmed−16%	−1.57 pp	37 q
AMZNAmazon.Com Inc	7.78%	10,011,379	$2.3B	trimmed−9%	+0.29 pp	43 q
NVDANvidia Corp	6.91%	11,011,752	$2.1B	trimmed−6%	+0.16 pp	12 q
SESea Limited	6.62%	15,415,835	$2.0B	trimmed−4%	−2.24 pp	32 q
METAMeta Platforms, Inc. Class A	6.11%	2,750,615	$1.8B	trimmed−2%	−0.29 pp	37 q
TTWOTake-Two Interactive Software Inc	5.03%	5,839,256	$1.5B	held	—	13 q
TSMTaiwan Semiconductor Manufacturing Company Ltd.	3.81%	3,725,474	$1.1B	trimmed−19%	−0.14 pp	12 q
AVGOBroadcom Inc.	3.35%	2,875,614	$995M	trimmed−0%	+0.40 pp	9 q
APOApollo Global Management, Inc.	3.03%	6,209,496	$899M	held	—	16 q
RDDTReddit, Inc.	2.97%	3,843,915	$884M	trimmed−18%	−0.35 pp	8 q
APPApplovin Corporation Class A	2.93%	1,292,984	$871M	trimmed−35%	−1.52 pp	4 q
FLUTFlutter Entertainment plc	2.90%	4,003,542	$861M	added+9%	+0.03 pp	6 q
SPOTSpotify Technology S.A.	2.47%	1,261,461	$733M	held	—	31 q
LRCXLam Research Corp	2.25%	3,900,439	$668M	trimmed−26%	+0.07 pp	12 q
GEVGE Vernova Inc.	2.14%	972,994	$636M	trimmed−16%	−0.05 pp	4 q
CPNGCoupang, Inc.	2.09%	26,267,259	$620M	added+66%	+0.51 pp	6 q
VEEVVeeva Systems Inc.	1.82%	2,420,500	$540M	held	—	5 q
CPAYCorpay, Inc.	1.77%	1,752,146	$527M	trimmed−1%	+0.19 pp	12 q
GRABGrab Holdings Limited Class A	1.56%	92,923,788	$464M	held	—	13 q
XYZBlock, Inc.	1.39%	6,364,840	$414M	added+44%	+0.40 pp	4 q
ZZillow Group, Inc. Class C	1.39%	6,056,957	$413M	added+20%	+0.19 pp	4 q
CHYMChime Financial, Inc. Class A	1.20%	14,192,499	$357M	added+14%	+0.42 pp	3 q
ZSZscaler, Inc.	1.20%	1,579,766	$355M	trimmed−6%	−0.36 pp	5 q
NOWServicenow, Inc.	1.10%	2,126,890	$326M	added+42%	+0.25 pp	34 q
FWONKLiberty Media Corporation Series C	0.89%	2,682,000	$264M	held	—	8 q
AMATApplied Materials Inc	0.77%	895,200	$230M	held	—	7 q
NFLXNetFlix Inc	0.77%	2,439,000	$229M	added+21%	+0.02 pp	2 q
WDAYWorkday, Inc. Class A	0.72%	1,000,000	$215M	held	—	26 q
WLTHWealthfront Corporation	0.69%	15,156,877	$206M	new	+0.69 pp	new
NUNu Holdings Ltd.	0.62%	11,032,555	$185M	held	—	17 q
PCORProcore Technologies, Inc.	0.57%	2,339,500	$170M	held	—	10 q
CSGPCoStar Group Inc	0.51%	2,259,109	$152M	trimmed−30%	−0.34 pp	5 q
UNHUNITEDHEALTH GROUP INCORPORATED (Delaware)	0.47%	420,205	$139M	trimmed−4%	0.00 pp	7 q
ESTCElastic N.V.	0.43%	1,690,700	$128M	held	—	10 q
HNGEHinge Health, Inc.	0.28%	1,805,751	$84M	added×3.3	+0.20 pp	3 q
SHWThe Sherwin-Williams Company	0.28%	257,083	$83M	trimmed−22%	−0.07 pp	6 q
ZGZillow Group Inc Class A	0.24%	1,023,733	$70M	added+31%	+0.06 pp	4 q
REREATRenew Inc.	0.18%	9,831,218	$52M	held	—	19 q
BULLWebull Corporation Class A	0.18%	6,724,137	$52M	trimmed−43%	−0.36 pp	3 q
PONYPony AI Inc.	0.14%	2,900,000	$42M	added×7.8	+0.11 pp	5 q
CRCLCircle Internet Group, Inc.	0.13%	500,000	$40M	added×4.0	+0.08 pp	3 q
UBERUber Technologies, Inc.	0.04%	151,178	$12M	held	—	27 q
FIGRFigure Technology Solutions, Inc. Class A	0.03%	200,000	$8M	held	—	2 q
JDJD.com, Inc.	0.03%	344,309	$10M	held	—	45 q
NTSKNetskope, Inc. Class A	0.03%	500,000	$9M	held	—	2 q
DASHDoorDash, Inc. Class A	0.02%	25,337	$6M	held	—	10 q
KLARKlarna Group plc	0.02%	175,000	$5M	held	—	2 q
FIGFigma, Inc.	0.01%	60,000	$2M	held	—	2 q
BLSHBullish	0.01%	100,000	$4M	held	—	2 q
ETOReToro Group Ltd. Class A	0.01%	80,000	$3M	held	—	3 q
GEMIGemini Space Station, Inc. Class A	0.00%	70,000	$694,400	held	—	2 q
MNTNMNTN, Inc.	0.00%	20,000	$238,800	held	—	3 q
ARXAccelerant Holdings	0.00%	75,000	$1M	held	—	2 q
MDBMongoDB, Inc. Class A	—	−341,000	—	exited	−0.33 pp	—
TFINTriumph Financial, Inc.	—	−43,708	—	exited	−0.01 pp	—
VIAVia Transportation, Inc.	—	−15,000	—	exited	0.00 pp	—