Tiger Global Management, the US$78 billion hedge fund launched and overseen by Chase Coleman III, a former disciple of legendary hedge fund manager Julian Robertson, said it initiated new positions in an array of stocks including Intel (INTC-Q) and Robinhood Markets (HOOD-Q) during the first quarter of 2026, according to a filing with the U.S. Securities and Exchange Commission on Friday.
Tiger’s other portfolio changes included liquidating its holdings of several companies that included Circle Internet Group (CRCL-N) and Workday, while reducing its holdings of Microsoft (MSFT-Q) and Apollo Global Management (APO-A-N).
These 13-F filings with the SEC offer a glimpse into the portfolios of large institutional investors, from hedge funds to pension funds and endowments. These asset managers are required to submit a snapshot of their portfolios to the SEC within 45 days of the end of each quarter. The filings do not reflect any changes the firms may have made to positions following March 31.
Tiger was far from alone in initiating a new position in Intel during the quarter. The chipmaker’s stock has soared nearly 200% so far this year, and more than 2,000 institutional investors began adding it to their portfolios during the first quarter, according to a Reuters review of more than 6,000 13-F filings submitted to the SEC so far. Their ranks include Northern Trust, Neuberger Berman and MetLife Asset Management.
Tiger’s 1.6-million-share stake in Intel was worth $72.3 million as of March 31, while its 400,000-share position in Robinhood was valued at $10.6 million. The largest of Tiger’s portfolio additions was a stake in Mercadolibre worth $233.4 million.
The hedge fund also boosted its holdings of other major semiconductor firms. Its stake in Taiwan Semiconductor Manufacturing rose by 49% in the period, giving its holdings a value of $1.88 billion as of March 31. It reported an 85% jump in the size of its stake in Applied Materials, giving its 895,200-share holding a value of $533 million as of March 31.