Chase Coleman's Tiger Global reduced its position in Sea Ltd, selling 2.86 million shares during the second quarter of 2026. According to its quarterly 13F filing dated August 14, the fund's stake decreased by 18.53%, bringing its total holding to 12.56 million shares valued at approximately $1.20 billion as of June 30.
This portfolio adjustment occurred before Sea Ltd announced strong second-quarter financial results on August 11, which saw revenues grow 48% year-over-year, beating estimates. It's important to note that 13F filings reflect trades made in the prior quarter, so this activity took place between March 31 and June 30.