Tiger Global Management cuts stakes in Big Tech, buys into SpaceX

Tiger Global Management’s Q2 13-F filing shows a notable rotation away from several mega-cap Big Tech names and into select semiconductor exposure and SpaceX. The fund cut Alphabet, Nvidia, Microsoft, Amazon, Meta, Broadcom, and Taiwan Semiconductor, while fully exiting Netflix. At the same time, it more than doubled Intel and initiated a large new position in AMD, alongside a reported SpaceX stake. The filing suggests a shift from broader Big Tech concentration toward more targeted bets in chips and private-market aerospace exposure. Because 13-Fs are backward-looking snapshots, the market impact is mainly sentiment-driven, but the disclosure may influence near-term trading in the named stocks by highlighting where a major hedge fund sees relative opportunity.