Tiger Global Management 13-F: Raises stake in XYZ and NFLX; cuts META, NVDA, MSFT and exits MDB

• New: Wealthfront (WLTH).
• Raises: Circle Internet Group (CRCL), Coupang (CPNG), Hinge Health (HNGE), Block (XYZ), Netflix (NFLX), ServiceNow (NOW), Zillow (Z).
• Cuts: Lam Research (LRCX), CoStar Group (CSGP), Zscaler (ZS), Microsoft (MSFT), Reddit (RDDT), Amazon (AMZN), Sherwin Williams (SHW), Broadcom (AVGO), NVIDIA (NVDA), Meta (META), TSMC (TSM), UnitedHealth (UNH), GE Vernova (GEV).
• Exits: Via Transportation (VIA), MongoDB (MDB), Triumph Financial (TFIN)

Tiger Global Management's recent 13-F reveals a strategic shift, notably raising its stakes in Netflix and a few lesser-known stocks while significantly cutting positions in major tech names like Meta, NVIDIA, and Microsoft. This trend underscores a possible pivot towards sectors or companies they believe hold more growth potential despite the risks associated with exiting solid performers like MongoDB. The implications suggest a cautious stance on high-flying tech stocks, potentially paving the way for increased volatility in those names.