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    Home ยป Tiger Global is reducing its stake in Magnificent Seven while accumulating in semiconductor makers
    Financial Market

    Tiger Global is reducing its stake in Magnificent Seven while accumulating in semiconductor makers

    ZEMS BLOGBy ZEMS BLOGFebruary 15, 2024No Comments1 Min Read
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    Tiger Global reduced its positions in four of the five Magnificent Seven technology stocks that represent nearly half its portfolio, while increasing its stake in Amazon.com and accumulating in semiconductor companies, regulatory filings for the final three months of 2023 show.

    The New York hedge fund cut its stakes in the Magnificent Seven technology companies Alphabet GOOG, Meta META, Microsoft MSFT and Nvidia NVDA, while strengthening its position in just one of the best-performing technology companies, Amazon.com AMZN, a 13-man fund manager. F…

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