The founder of investment firm Tiger Global Management, Chase Coleman, is divesting a huge stake in Facebook’s parent company, while loading up on a tech stock that has soared in recent months.
According to the Securities and Exchange Commission (SEC) filesColeman dumped shares of Meta Platforms (META) worth about $3.49 billion in the third quarter of 2025.
Meta Platforms has had that since October barn about 10% of its value.
During the same period, Coleman initiated a position in database software company MongoDB (MDB) worth approximately $105.84 million.
Earlier this week, MongoDB hit a 23-month high of around $440, amid consecutive double-digit growth in revenue and profit over the past four quarters.
MongoDB is trade at $414 at the time of writing, up about 106% from July 2025.
Another notable new position that Coleman initiated in the third quarter was a stake in streaming giant Netflix (NFLX) worth approximately $242.06 million.
In addition to Meta Platforms, other listed companies in which Coleman partially transferred shares in the third quarter of 2025 include pharmaceutical companies Eli Lilly (LLY) and Novo Nordisk (NVO).
In Eli Lilly, Coleman sold a stake worth about $1.18 billion, while shares worth about $87.59 million in Novo Nordisk were transferred.
Other stocks in which Coleman has divested significant stakes include the world’s largest coatings company, Sherwin-Williams (SHW), cybersecurity company Crowdstrike (CRWD) and fintech company Chime Financial (CHYM).
Coleman sold shares worth $299.5 million, $254.7 million and $178.8 million, respectively, in the three public companies.
Follow us further X, Facebook And Telegram
Don’t miss a beat – Subscribe to receive email alerts straight to your inbox
Check price action
Surf to the Daily Hodl mix
Generated image: Midjourney