Tiger Global Management LLC: Q3 2022 vs. Q4 2022 13F Holdings Comparison

Tiger Global Management LLC is a private investment firm that invests in various technology sectors. It is well known for its investment strategy of investing early in high-growth tech companies. Its recent 13F filing shows the changes in its holdings between Q3 2022 and Q4 2022. Let's analyze the changes in the holdings and see what this means for the firm.

In the third quarter, Tiger Global Management LLC held 36 stocks with a total value of $26,353,480,000. In the fourth quarter, the number of stocks held decreased to 28 with a total value of $20,208,714,000. This represents a decrease in the number of stocks held and a decrease in the total value of the holdings.

One of the most significant changes in the portfolio was in its holdings of JD.com Inc (JD). In the third quarter, the firm held 29,860,327 shares of the company with a total value of $1,501,974,000. By the fourth quarter, the number of shares had decreased to 21,812,150 with a total value of $1,224,315,000. This represents a decrease of 27% in the number of shares held and a decrease of 18.5% in the total value.

Another significant change was in its holdings of ZoomInfo Technologies Inc (ZI). In the third quarter, Tiger Global Management LLC did not hold any shares of the company. By the fourth quarter, the firm held 6,238,600 shares with a total value of $187,844,000. This represents a new position being taken by the firm.

One of the biggest decreases in holdings was in its position in Sea Ltd (SE). In the third quarter, the firm held 9,553,864 shares with a total value of $535,494,000. By the fourth quarter, the number of shares had decreased to 3,559,727 with a total value of $185,212,000. This represents a decrease of 63% in the number of shares held and a decrease of 65.4% in the total value.

On the other hand, there were some notable increases in holdings. The firm's position in Meta Platforms Inc (META) increased significantly. In the third quarter, Tiger Global Management LLC held 4,488,648 shares with a total value of $609,020,000. By the fourth quarter, the number of shares had increased to 7,944,481 with a total value of $956,038,000. This represents an increase of 77% in the number of shares held and an increase of 57% in the total value.

Another increase in holdings was in its position in Amazon.com Inc (AMZN). In the third quarter, the firm held 2,675,450 shares with a total value of $302,326,000. By the fourth quarter, the number of shares had increased to 8,590,381 with a total value of $721,592,000. This represents an increase of 221% in the number of shares held and an increase of 138.7% in the total value.

In summary, Tiger Global Management LLC made several significant changes to its portfolio between Q3 2022 and Q4 2022. While the firm decreased the number of stocks held and the total value of its holdings, it also made some significant increases in its positions as well. It will be interesting to see how these changes play out in the coming quarters.