Chase Coleman's Tiger Global Management completely sold its position in Netflix (NFLX) during the second quarter of 2026, exiting a stake of 2.44 million shares. The position was valued at approximately $234.5 million at the end of the first quarter. This trade information comes from a quarterly 13F filing, which is released with a delay and reflects the firm's holdings as of June 30, 2026.
The sale was part of a significant portfolio reshuffle for the prominent tech investor. During the same period, Tiger Global also reduced its holdings in other major technology companies, including Alphabet, Microsoft, and Nvidia, while establishing new positions in AMD and SpaceX. The move contrasted with other major investors, such as Bill Ackman's Pershing Square, which initiated a large new stake in Netflix during the same quarter.