Tiger Global buys Eli Lilly, exits Block in Q2

Chase Coleman’s Tiger Global disclosed in an SEC filing its holdings as of June 30, 2023. The fund’s two new buys during the second quarter included, by size of position, Eli Lilly (LLY) and Novo Nordisk (NVO). Tiger exited 17 potisions during the quarter, including by size of position Mastercard (MA), Apple (AAPL), Block (SQ), XP Inc. (XP), and Applied Materials (AMAT). The fund increased its stake in ten holdings, including by size of previous position Meta Platforms (META), Apollo Global (APO), Take-Two (TTWO), Intuit (INTU), and Nvidia (NVDA). Tiger reduced its stake in 19 holdings, including by size of previous position Amazon (AMZN), Alphabet Class A (GOOGL), JD.com (JD), Snowflake (SNOW), and Datadog (DDOG). The fund’s top holdings as of June 30, in order of size, were Meta, Microsoft (MSFT), Apollo, JD.com, and Take-Two.