Tiger Global Management has managed money for institutions and ultra-high-net-worth clients since 2001, but lately the New York firm has been sending mixed signals to the market. The fund reported $77.99 billion in discretionary assets under management as of March 2026 — yet its flagship long-short strategy returned just 7.9% in a year when broader markets posted stronger gains. That gap is exactly why investors keep watching. This article breaks down what Tiger Global’s filings actually show, where the capital sits, and whether the fund’s pivot back toward concentrated bets changes the calculus.

4 related posts

AUM (2026 filing): $77.99 billion · Public portfolio value: $29.71 billion · Long-short fund return (2025): 7.9% · Clients: 45 · Flagship funds: Tiger Global Investments, Tiger Global Long Opportunities

Quick snapshot

1AUM Overview
2Performance Snapshot
3Key Funds
  • Tiger Global Investments (long-short flagship)
  • Tiger Global Long Opportunities
  • Private equity arm alongside hedge fund operations
4Investments
Field Value
Founded 2001
Headquarters New York
AUM 2026 $77.99 billion
Portfolio Value $29.71 billion
2025 Long-Short Return 7.9%

How much assets does Tiger Global have?

Tiger Global Management’s Form ADV, filed with the SEC on 2026-03-27, disclosed discretionary assets under management of $77,993,959,953 — roughly $78 billion (WhaleWisdom (SEC Form ADV filings)). That filing also confirmed the fund serves 45 clients, a notably concentrated client base compared to larger institutional managers. The figure represents a significant jump from the $26.59 billion that HedgeFollow recorded for Q1 2025, though the gap reflects different measurement methodologies across reporting platforms.

The public-facing portfolio value stood at $29,714,313,270 as of February 2026, tracked through SEC 13F filings by Fintel (institutional ownership analytics). That means roughly $29.7 billion sits in disclosed equity positions — a subset of total AUM that also includes private equity commitments, venture holdings, and other vehicles not reportable on 13F forms. The discrepancy between the $77.99B in discretionary AUM and the $29.71B public portfolio reflects this multi-vehicle structure.

The upshot

Tiger Global’s $77.99B AUM puts it in the upper tier of global hedge funds by scale, though the client count of 45 means each investor represents a substantial capital commitment — the fund’s fortune tracks closely with its relationship to a small number of institutions and family offices.

Top holdings via SEC filings

Fintel’s aggregation of Tiger Global’s 13F disclosures as of February 2026 identified 54 total holdings. The five largest positions by portfolio weight are Alphabet Inc. (GOOGL) at 11.20% representing $3.33 billion, Microsoft Corporation (MSFT) at 8.92% representing $2.65 billion, Amazon.com Inc. (AMZN) at 7.78% representing $2.31 billion, NVIDIA Corporation (NVDA), and Sea Limited (SE) — all mega-cap technology names that dominate the portfolio’s risk profile.

New positions and exits

One standout move in early 2026: Tiger Global filed a 13G on 2026-02-17 disclosing a new position in Wealthfront Corporation (WLTH), acquiring 15,156,877 shares representing 10.40% ownership of the fintech firm (Fintel (institutional ownership analytics)). The filing indicates a high-conviction bet on a single company, given the ownership threshold. On the exit side, Tiger Global completely liquidated its ZKH Group Limited position on 2025-11-14, reducing from 290,178,469 shares to zero in a single quarter.

What are Tiger Global’s biggest investments?

Tiger Global’s portfolio concentrates heavily in mega-cap US technology names. Alphabet leads the pack at 11.20% of portfolio value ($3,327.63 million), followed by Microsoft at 8.92% ($2,649.15 million) and Amazon at 7.78% ($2,310.83 million) according to Fintel (portfolio tracking). The three positions alone account for roughly 28% of the disclosed portfolio — a significant concentration in a handful of mega-caps. This concentration pattern has been a defining feature of the fund’s investment approach since its founding.

Wealthfront represents the most notable new bet. Tiger Global holds a 10.40% stake worth approximately $1.5 billion in notional terms based on typical fintech valuations, though the precise dollar value depends on Wealthfront’s private market valuation at the time of filing. The position qualifies as a “high-conviction” bet under the fund’s updated strategy framework.

Why this matters

The concentration in mega-cap tech makes Tiger Global’s portfolio heavily correlated to a single sector. For investors evaluating the fund, that means adding Tiger Global exposure adds more Alphabet, Microsoft, and Amazon exposure — not diversification.

Private equity history and unicorn bets

Tiger Global built much of its reputation through venture and private equity investments in technology unicorns, including many high-profile IPOs and pre-IPO companies. The fund’s previous private investment vehicle, PIP 16, closed at approximately $2.2 billion — roughly 63% below its original $6 billion fundraising target (Dealroom.co (investor database platform)). The shortfall reflected cooling investor appetite for Tiger Global’s private market strategy after several high-profile writedowns on growth-stage bets.

Is Tiger Global still actively investing?

Yes — and the filing cadence suggests intensifying activity. The March 2026 Form ADV confirming $77.99B AUM came alongside active rebalancing in public markets. Tiger Global added the Wealthfront position in February 2026, fully exited ZKH Group in November 2025, and trimmed ATRenew Inc. (RERE) by 14.37% in August 2025 — all moves tracked through SEC filings aggregated by Fintel (institutional ownership analytics).

The strategic signal is a deliberate return to concentrated, high-conviction bets — exactly the approach that built Chase Coleman’s reputation in the 2000s and early 2010s. After a period of broader diversification that some analysts view as diluting returns, the fund is betting big again on a handful of high-conviction positions. Whether that conviction pays off depends heavily on the performance of those concentrated positions in coming quarters.

Is Tiger Global a good hedge fund?

The performance picture is mixed. According to data reported through Institutional Investor via Stockcircle, Tiger Global’s long-short fund posted a market-lagging 7.9% return in 2025 — a result that underperformed a year when major indices posted stronger gains. That follows Q1 2025 performance of -6.03% tracked by HedgeFollow (hedge fund performance analytics). The fund’s principals earned approximately $800 million, per reports, which highlights the fee revenue generated even when performance lagged market benchmarks.

The fund’s $77.99B AUM and Institutional Investor Rich List ranking demonstrate continued industry standing and client retention. Whether that standing is earned by current performance or historical reputation is a question the 2025 results don’t fully answer.

The trade-off

Tiger Global’s scale means fees generate substantial revenue even in underperforming years. For investors, the question is whether the concentrated high-conviction approach will justify the fund’s fee structure going forward — or whether 2025’s market-lagging return becomes the norm.

Pros and cons review

Upsides

  • Massive $77.99B AUM signals deep institutional trust
  • Experienced leadership under Chase Coleman and Feroz Dewan
  • Concentrated bets can outperform sharply if conviction pays off
  • Long track record since 2001 — battle-tested through multiple cycles

Downsides

  • 7.9% return in 2025 lagged broader market performance
  • Heavy mega-cap tech concentration limits diversification benefits
  • Private equity history includes fund that missed target by 63%
  • Fee revenue ($800M earnings) questions value-to-client ratio when returns lag

The implication: investors choosing Tiger Global are essentially doubling down on mega-cap tech momentum while betting that the fund’s principals can again extract alpha from concentrated positions after years of broader diversification that diluted returns.

What happened with Tiger Global?

Tiger Global’s story tracks the arc of modern hedge fund evolution. Founded in 2001 by Chase Coleman, the firm built its reputation on concentrated, high-conviction public equity bets — particularly in technology companies. The fund grew into one of the most prominent global tech investors, managing capital for institutions and family offices across both hedge fund and private equity vehicles.

The reckoning came partly through the private equity business. PIP 16’s $2.2 billion close — 63% below its $6 billion target — signaled cooling investor appetite as some unicorn bets turned sour. The public equity business faced similar scrutiny as diversified positions diluted returns. The fund’s response has been a deliberate pivot back toward concentrated bets, narrowing the portfolio to a handful of high-conviction positions. For those interested in entertainment news, you can find more details about the Golden Globes 2026 nominations at the provided link.

Leadership and structure

Chase Coleman serves as the primary portfolio manager, with Feroz Dewan as co-portfolio manager, according to regulatory filings. The New York-based firm operates as a hedge fund with both venture capital and private equity investment activities, classified as one of the most active global technology investors by Dealroom.co (investor database platform). The dual structure allows the fund to deploy capital across public and private markets, though the recent filings show the public equity portfolio remains the most transparent window into current positioning.

Key milestones

Date Event
Q1 2025 Fund reports -6.03% performance (HedgeFollow)
April 2025 Held Taiwan Semiconductor (TSM) as dividend stock pick
May 2025 Held Meta Platforms Inc (META) as top holding
June 2025 SEC Form 13F-HR filed for period ending June 30
August 14, 2025 Reduced ATRenew Inc. position by 14.37%
November 14, 2025 Fully exited ZKH Group Limited position
February 17, 2026 Filed 13G for new Wealthfront position (15.16M shares, 10.40%)
March 27, 2026 Form ADV filed: $77.99B discretionary AUM, 45 clients
Bottom line: The pattern: Tiger Global’s recent activity shows a decisive shift toward concentrated bets — the February 2026 Wealthfront stake and complete exit of ZKH Group reflect a fundamentally different risk posture than the broader diversification that preceded it.

What we know — and what remains unclear

Three findings are well-supported by regulatory filings and third-party data: Tiger Global disclosed $77.99B in discretionary AUM as of March 2026 (WhaleWisdom), the fund’s long-short strategy returned 7.9% in 2025 (Institutional Investor), and the public portfolio held 54 positions worth $29.71B as of February 2026 (Fintel). The top five holdings — Alphabet at 11.20%, Microsoft at 8.92%, Amazon at 7.78%, plus NVIDIA and Sea Limited — form a heavily tech-concentrated portfolio consistent with the fund’s historical approach.

What remains less clear: the exact breakdown between the fund’s long and short book, which would illuminate the net directional exposure. Future investment activity pace is uncertain — while the firm has signaled a return to concentrated bets, execution speed depends on market conditions. The specific breakdown of clients by type (institutional, family office, sovereign wealth) is not publicly disclosed.

Tiger Global’s long-short fund posted a market-lagging 7.9 percent return in 2025, principals reportedly earned $800 million, and the fund is now doubling down on concentrated bets.

— Institutional Investor (hedge fund industry publication)

Tiger Global Management disclosed discretionary assets under management (AUM) of $77,993,959,953 as of 2026-03-27, serving 45 clients under Chase Coleman and Feroz Dewan.

— SEC Form ADV via WhaleWisdom (investment data platform)

For institutional investors evaluating Tiger Global, the current moment offers a concentrated bet on mega-cap technology with a manager betting big on a concentrated approach after years of broader diversification. The 7.9% return in 2025 lagged markets — but the $77.99B AUM and $800M in principal earnings suggest the fund’s business model remains robust regardless of short-term performance swings.

Related reading: Amazon holdings · 2026 filings

Additional sources

sec.gov, holdingschannel.com

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Frequently asked questions

What are the top 10 performing hedge funds?

Rankings vary by year and measurement methodology. Tiger Global typically appears in upper-tier lists for scale, though its 2025 return of 7.9% lagged major indices. Top performers in any given year include funds with concentrated positions in winning sectors, event-driven strategies, and systematic approaches — though no single fund consistently dominates across all categories.

What are the top 3 largest private equity firms?

By assets under management, firms like Blackstone, KKR, and Carlyle Group typically top global private equity rankings. Tiger Global operates a smaller private equity arm alongside its hedge fund business, with its most recent vehicle (PIP 16) closing below target at $2.2 billion — smaller than the mega-funds raised by competitors.

Who are the key people at Tiger Global?

Chase Coleman is the primary founder and portfolio manager, having built the firm since 2001. Feroz Dewan serves as co-portfolio manager. The principals reportedly earned $800 million in 2025, reflecting the substantial fee revenue generated by the fund’s $77.99B AUM.

How much does a partner at Tiger Global make?

The fund’s principals earned approximately $800 million in 2025, though this figure reflects aggregate earnings across all partners and principals rather than individual compensation. Specific partner compensation varies by role, seniority, and fund ownership stakes — details not publicly disclosed in regulatory filings.

Where is Tiger Global Management headquartered?

Tiger Global Management is headquartered in New York City, United States. The firm operates from its New York office while managing investments across global public and private markets.

What is Tiger Global’s team composition?

The firm employs investment professionals across public equity, venture, and private equity functions. Chase Coleman and Feroz Dewan lead the public equity strategies. The team size is not publicly disclosed, though the 45-client count suggests a focused institutional service model rather than broad retail distribution.

How has Tiger Global’s AUM changed recently?

Tiger Global reported $26.59B AUM in Q1 2025 versus $77.99B in the March 2026 Form ADV filing. The discrepancy partly reflects different reporting standards — the higher 2026 figure covers discretionary AUM across all vehicles, while earlier tracking may have captured only public equity assets.