FUND-LEVEL 13F POSITIONING DASHBOARD

Tiger Global · 单基金13F持仓深度分析

聚焦增减仓路径、核心底仓结构与行业配置迁移，识别季度内仓位重构信号。

披露季度: 2026Q1 对比基准: 2025Q4 净市值: $22.8B 标的数: 53 仓位变动率: 0.0%

Panel 1: 增仓与建仓

标的	发行人全称	增持/建仓额
▸ 大幅增持 (Top 10)
TAIWAN SEMIC	TAIWAN SEMICONDUCTOR MANUFAC	+$749M+66.1%
APPLIED MATL	APPLIED MATLS INC	+$336M+146.2%
GE VERNOVA I	GE VERNOVA INC	+$213M+33.6%
LAM RESEARCH	LAM RESEARCH CORP	+$166M+24.8%
BROADCOM INC	BROADCOM INC	+$114M+11.5%
NVIDIA CORPO	NVIDIA CORPORATION	+$41M+2.0%
SPOTIFY TECH	SPOTIFY TECHNOLOGY S A	+$34M+4.6%
COUPANG INC	COUPANG INC	+$34M+5.4%
NETFLIX INC.	NETFLIX INC.	+$6M+2.5%
JD.COM INC	JD.COM INC	+$300K+3.0%
▸ 新建仓位 (Top 5)
MERCADOLIBRENEW	MERCADOLIBRE INC	首次建仓市值 $233M
LUMENTUM HLDNEW	LUMENTUM HLDGS INC	首次建仓市值 $96M
EQUIPMENTSHANEW	EQUIPMENTSHARE COM INC	首次建仓市值 $93M
INTEL CORPNEW	INTEL CORP	首次建仓市值 $72M
ROBINHOOD VENEW	ROBINHOOD VENTURES FD I	首次建仓市值 $11M

Panel 2: 减持与清仓

标的	发行人全称	减持/清仓额
▸ 大幅减持 (Top 10)
MICROSOFT CO	MICROSOFT CORP	$-1.7B-65.1%
TAKE TWO INT	TAKE TWO INTERACTIVE SOFTWAR	$-1.1B-73.6%
SEA LTD	SEA LTD	$-690M-35.1%
REDDIT INC	REDDIT INC	$-547M-61.9%
APOLLO GLOBA	APOLLO GLOBAL MGMT INC	$-532M-59.2%
APPLOVIN COR	APPLOVIN CORP	$-473M-54.3%
ZILLOW GROUP	ZILLOW GROUP INC	$-371M-89.7%
ALPHABET INC	ALPHABET INC	$-270M-8.1%
AMAZON COM I	AMAZON COM INC	$-228M-9.9%
BLOCK INC	BLOCK INC	$-174M-41.9%
▸ 已清仓 (Top 5)
FLUTTER ENTMEXIT	FLUTTER ENTMT PLC	-100.0%
VEEVA SYS INEXIT	VEEVA SYS INC	-100.0%
GRAB HOLDINGEXIT	GRAB HOLDINGS LIMITED	-100.0%
WORKDAY INCEXIT	WORKDAY INC	-100.0%
ELASTIC N VEXIT	ELASTIC N V	-100.0%

Panel 3: 核心底仓与行业矩阵（前100持仓）

前 5 大核心重仓股

1. ALPHABET INC

13.38%

2. NVIDIA CORPORATION

9.17%

3. AMAZON COM INC

9.12%

4. TAIWAN SEMICONDUCTOR MANUFAC

8.23%

5. META PLATFORMS INC

7.73%

行业配置矩阵演变 (2025Q4 → 2026Q1)

核心行业

权重交叠 (2025Q4 → 2026Q1)

本季度增仓积极，共10个仓位显著增持（合计+$1.7B），5个全新建仓（合计$506M）。增量资金集中涌入Technology板块（9/15笔），代表标的：TAIWAN SEMICONDUCTOR、APPLIED MATLS INC。

防御性减仓显著：10个仓位减持（-$8.3B），5个完全清仓（-$2.2B），防御姿态明确。减仓高度集中于Technology板块（10/15笔），代表标的：MICROSOFT CORP、TAKE TWO INTERACTIVE。

板块轮动特征显著：Technology +3.4%，Industrials +2.0%；Consumer -2.0%，Financials-1.2%。结构分化清晰。

减持医药(-2pp)与金融(-1pp)，防御性收缩非核心敞口