In a recent SEC filing, Chase Coleman's Tiger Global Management revealed it had completely sold off its position in mobile marketing platform AppLovin (APP). The fund disposed of its entire stake of 1.00 million shares, which was previously valued at approximately $398 million and constituted 1.74% of its portfolio.
As with all 13F filings, this disclosure is delayed and reflects the fund's holdings as of June 30, 2026, meaning the trades occurred during the second quarter. The sale took place during a period of strong performance for AppLovin, which later reported a 53% year-over-year revenue increase for that same quarter. No specific reason for the exit was publicly disclosed.