In a quarterly disclosure dated August 14, 2026, Chase Coleman's Tiger Global revealed a reduction in its Lam Research stake, selling 740,000 shares. These routine filings disclose trades that occurred in the prior quarter, in this case, the period ending June 30, 2026.
Despite the share sale, the reported value of Tiger Global's position surged from $833.37 million to $1.37 billion. This pushed the semiconductor equipment maker's weight in the fund's portfolio from 3.65% to 5.72%. The increased value and portfolio weight reflect a significant rise in Lam Research's stock price during the second quarter, a period in which the company reported record revenue and strong demand driven by the AI sector.