According to their latest 13F filings, Chase Coleman’s Tiger Global Management LLC executed major reductions in Q3 2025, cutting deeply into several technology and growth names. These trims reflect a decisive recalibration away from higher-beta holdings.
Top 5 Trims
DoorDash (DASH) – Biggest Reduction
- Shares: 25,337
- Change: ↓ –2,170,676
- Value: $6.25M
- % Change: –98.85%
Tiger Global nearly eliminated its DoorDash stake, exiting what was once a high-conviction consumer tech bet.
ServiceNow (NOW)
- Shares: 300,000
- Change: ↓ –279,655
- Value: $308.42M
- % Change: –48.25%
The enterprise IT automation leader was cut nearly in half, showing reduced confidence in growth valuations.
Workday (WDAY)
- Shares: 1,000,000
- Change: ↓ –880,237
- Value: $240.00M
- % Change: –46.82%
A major trim to Tiger’s HR software exposure, reflecting caution around demand and pricing power.
CrowdStrike (CRWD)
- Shares: 500,000
- Change: ↓ –400,000
- Value: $254.66M
- % Change: –44.44%
The cybersecurity leader was scaled back sharply despite strong secular tailwinds in digital defense.
ATRenew (RERE)
- Shares: 9,831,218
- Change: ↓ –1,650,000
- Value: $32.54M
- % Change: –14.37%
The Chinese resale platform saw a moderate trim, suggesting selective risk control in emerging markets.
Takeaway
Tiger Global’s top five trims this quarter highlight a broad pullback from enterprise software, cybersecurity, and consumer platforms. While still maintaining exposure, Chase Coleman is clearly de-risking around stretched multiples and macro uncertainty.
Exits
The latest 13F also shows Chase Coleman’s Tiger Global Management executed two full exits. The fund completely liquidated its PDD Holdings (PDD) stake of 4.42 million shares, previously valued at $522.6 million (1.97% of the portfolio), as well as its ServiceTitan (TTAN) position of 1.30 million shares worth $123.8 million (0.47%). These 100% disposals underscore a decisive retreat from both Chinese e-commerce exposure and private-market backed software, marking a clean break from positions that once held meaningful weight in the portfolio.
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