The Chase Coleman hedge fund made a new bet on Apple during the first quarter, while boosting positions in these major technology players
Tiger Global Management made a new bet on Apple in the first quarter, while expanding positions in some major technology players that posted a strong start to the year. The tech-centric hedge fund managed by Chase Coleman opened a more than $140 million stake in the iPhone maker in the first quarter, along with a new position in Taiwan Semiconductor totaling about $148 million, according to securities filings released Monday.
Along with Apple, the fund opened new positions in a host of semiconductor names, including Applied Materials , Lam Research , Palo Alto Networks and AI-beneficiary Nvidia, . Tiger also upped its stake in technology leaders Alphabet, Amazon and Microsoft in the first quarter. At the end of March, the fund's largest holding, Microsoft, totaled more than $1.7 billion. Coleman increased his stake in the Google parent by more than 124% to about 8.4 million shares.
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