Tiger Global Fund’s Q1 holdings: JD.com is the No. 1 heavyweight stock, clearing Netflix, Rivian, etc.

Source: Zhitong Finance

Author: Zhuang Lijia

According to the disclosure of the US Securities and Exchange Commission (SEC), Tiger Global Fund (TIGER GLOBAL) submitted a position report (13F) for the first quarter (Q1) ended March 31, 2022.

According to statistics, the total market value of Tiger Global Fund’s holdings in the first quarter was US$26.642 billion, and the total market value in the previous quarter was US$45.938 billion, down about 42% from the previous quarter. Tiger Global Fund added 2 stocks to its holdings portfolio in the first quarter and increased its holdings of 21 stocks; at the same time, Tiger Global also reduced its holdings of 46 stocks and liquidated 83 stocks. Among them, the top ten holding positions accounted for 61.71% of the total market value.

Among the top five stocks with heavy holdings, JD.com (JD.US) ranked first with about 48.775 million shares and a market value of about $2.823 billion, down 9% from the previous quarter, accounting for 10.59% of the investment portfolio.

$Microsoft (MSFT.US)$ ranked second, holding about 7.3125 million shares, and the market value of the holdings was about $2.255 billion, down 13% from the previous quarter, accounting for 8.46% of the investment portfolio.

$CrowdStrike (CRWD.US)$ ranked third, holding about 8.8088 million shares and holding a market value of about $2.000 billion, an increase of 16% over the previous quarter, accounting for 7.51% of the investment portfolio.

$Nu Holdings (NU.US)$ ranked fourth, holding about 255 million shares and holding a market value of about $1.967 billion, down 4% from the previous quarter, accounting for 7.38% of the investment portfolio.

$Sea (SE.US)$ ranked fifth, holding about 13.52 million shares and holding a market value of about $1.62 billion, an increase of 18% from the previous quarter, accounting for 6.08% of the investment portfolio.

From the perspective of changes in position ratio , the top five buying targets are: CrowdStrike, $ServiceNow(NOW.US)$ , $Snowflake(SNOW.US)$ , $Ideal Auto(LI.US)$ and $monday.com ( MNDY.US)$ . Among them, the number of ideal car positions increased by 167% from the previous quarter.

The top five selling targets are: $Zoom Video Communication (ZM.US)$ , $Uber (UBER.US)$ , $Netflix (NFLX.US)$ , $Pinduoduo (PDD.US)$ , $ Alibaba (BABA.US) $ .

The documents show that Tiger Global Funds liquidated Airbnb (ABNB.US), Netflix, Cloudflare (NET.US), Rivian (RIVN.US) and others in the first quarter.

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