By Anirban Sen
NEW YORK (Reuters) -Tiger International Administration, the hedge fund based and led by Chase Coleman, slashed its stake in Fb mum or dad Meta Platforms throughout the third quarter, in accordance with a submitting launched on Friday.
In the course of the quarter ended September 30, Tiger International lowered its holdings in Meta by 62.6% to 2.8 million of the corporate’s shares, valuing the stake at about $2.1 billion. The agency additionally dissolved its positions in another high-profile names together with drugmakers Eli Lilly, Novo Nordisk and cybersecurity agency CrowdStrike.
Tiger International, which is an offshoot of famed investor Julian Robertson’s agency and is a part of a cohort of stock-picking funds popularly identified as Tiger Cubs, took new positions in streaming big Netflix and buy-now-pay-later agency Klarna.
Tiger International ended the primary half of 2025 up roughly 4.5%, trailing most of its prime multi-strategy fund friends.
(Reporting by Anirban Sen in New York; Modifying by Matthew Lewis)
