TIGER GLOBAL MANAGEMENT LLC Diversified Active

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
CPNG	COUPANG INC	26,267,259 (+65.9%)	$619,645 (+21.5%)	2.1%	$26.16	+8.8%	CL A	22266T109
CHYM	CHIME FINL INC	14,192,499 (+13.8%)	$357,225 (+42.0%)	1.2%	$31.53	-32.6%	COM SHS CL A	16935C109
XYZ	BLOCK INC	6,364,840 (+43.9%)	$414,287 (+29.6%)	1.4%	$67.60	+2.0%	CL A	852234103
FLUT	FLUTTER ENTMT PLC	4,003,542 (+9.4%)	$860,922 (-7.3%)	2.9%	$214.15	+5.0%	SHS	G3643J108
HNGE	HINGE HEALTH INC	1,805,751 (+227.1%)	$83,877 (+209.6%)	0.3%	$45.80	+5.2%	CL A	433313103
NOW	SERVICENOW INC	2,126,890 (+609.0%)	$325,818 (+18.0%)	1.1%	$159.29	+7.7%	COM	81762P102
PONY	PONY AI INC	2,900,000 (+683.8%)	$42,050 (+405.3%)	0.1%	$14.48	—	SPONSORED ADS	732908108
Z	ZILLOW GROUP INC	6,056,957 (+20.1%)	$413,206 (+6.3%)	1.4%	$74.53	-2.8%	CL C CAP STK	98954M200
CRCL	CIRCLE INTERNET GROUP INC	500,000 (+300.0%)	$39,650 (+139.3%)	0.1%	$118.24	-12.6%	COM CL A	172573107
NFLX	NETFLIX INC	2,439,000 (+1108.0%)	$228,681 (-5.5%)	0.8%	$108.99	-1.1%	COM	64110L106
ZG	ZILLOW GROUP INC	1,023,733 (+30.7%)	$69,849 (+19.8%)	0.2%	$72.48	-3.0%	CL A	98954M101

Exited Positions (3)

MDB MONGODB INC 0.4%

Value ($000) $105,840 Shares 341,000 Est. Cost $257.06 Unrealized +41.5%

TFIN TRIUMPH FINANCIAL INC 0.0%

Value ($000) $2,187 Shares 43,708 Est. Cost $55.67 Unrealized +0.6%

VIA VIA TRANSN INC 0.0%

Value ($000) $721 Shares 15,000 Est. Cost $49.48 Unrealized -16.6%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
MDB	MONGODB INC	341,000	$105,840	0.4%	$257.06	+41.5%	—	60937P106
TFIN	TRIUMPH FINANCIAL INC	43,708	$2,187	0.0%	$55.67	+0.6%	—	89679E300
VIA	VIA TRANSN INC	15,000	$721	0.0%	$49.48	-16.6%	—	92556W104

Decreased Positions (16)

SE SEA LTD 6.6%

Value ($000) $1,966,598 (-31.4%) Shares 15,415,835 (-3.9%) Est. Cost $52.59 Unrealized —

MSFT MICROSOFT CORP 8.9%

Value ($000) $2,649,148 (-21.9%) Shares 5,477,747 (-16.4%) Est. Cost $201.04 Unrealized +149.0%

APP APPLOVIN CORP 2.9%

Value ($000) $871,238 (-39.5%) Shares 1,292,984 (-35.4%) Est. Cost $341.20 Unrealized +84.7%

META META PLATFORMS INC 6.1%

Value ($000) $1,815,653 (-12.3%) Shares 2,750,615 (-2.4%) Est. Cost $165.88 Unrealized +302.3%

RDDT REDDIT INC 3.0%

Value ($000) $883,601 (-17.8%) Shares 3,843,915 (-17.7%) Est. Cost $121.40 Unrealized +73.2%

ZS ZSCALER INC 1.2%

Value ($000) $355,321 (-29.6%) Shares 1,579,766 (-6.1%) Est. Cost $194.34 Unrealized +45.2%

TSM TAIWAN SEMICONDUCTOR MFG LTD 3.8%

Value ($000) $1,132,134 (-11.5%) Shares 3,725,474 (-18.6%) Est. Cost $125.05 Unrealized —

NVDA NVIDIA CORPORATION 6.9%

Value ($000) $2,053,692 (-6.0%) Shares 11,011,752 (-6.0%) Est. Cost $100.20 Unrealized +85.8%

CSGP COSTAR GROUP INC 0.5%

Value ($000) $151,902 (-44.5%) Shares 2,259,109 (-30.4%) Est. Cost $75.52 Unrealized -6.2%

BULL WEBULL CORP 0.2%

Value ($000) $52,247 (-69.9%) Shares 6,724,137 (-42.6%) Est. Cost $14.98 Unrealized -32.9%

AMZN AMAZON COM INC 7.8%

Value ($000) $2,310,827 (-4.7%) Shares 10,011,379 (-9.3%) Est. Cost $157.39 Unrealized +45.4%

GEV GE VERNOVA INC 2.1%

Value ($000) $635,920 (-10.4%) Shares 972,994 (-15.7%) Est. Cost $363.30 Unrealized +67.6%

LRCX LAM RESEARCH CORP 2.2%

Value ($000) $667,677 (-5.2%) Shares 3,900,439 (-25.9%) Est. Cost $75.87 Unrealized +104.8%

SHW SHERWIN WILLIAMS CO 0.3%

Value ($000) $83,303 (-26.9%) Shares 257,083 (-21.9%) Est. Cost $355.21 Unrealized -5.9%

CPAY CORPAY INC 1.8%

Value ($000) $527,273 (+3.3%) Shares 1,752,146 (-1.1%) Est. Cost $298.17 Unrealized -2.6%

UNH UNITEDHEALTH GROUP INC 0.5%

Value ($000) $138,714 (-8.5%) Shares 420,205 (-4.2%) Est. Cost $473.12 Unrealized -28.7%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
SE	SEA LTD	15,415,835 (-3.9%)	$1,966,598 (-31.4%)	6.6%	$52.59	—	SPONSORD ADS	81141R100
MSFT	MICROSOFT CORP	5,477,747 (-16.4%)	$2,649,148 (-21.9%)	8.9%	$201.04	+149.0%	COM	594918104
APP	APPLOVIN CORP	1,292,984 (-35.4%)	$871,238 (-39.5%)	2.9%	$341.20	+84.7%	COM CL A	03831W108
META	META PLATFORMS INC	2,750,615 (-2.4%)	$1,815,653 (-12.3%)	6.1%	$165.88	+302.3%	CL A	30303M102
RDDT	REDDIT INC	3,843,915 (-17.7%)	$883,601 (-17.8%)	3.0%	$121.40	+73.2%	CL A	75734B100
ZS	ZSCALER INC	1,579,766 (-6.1%)	$355,321 (-29.6%)	1.2%	$194.34	+45.2%	COM	98980G102
TSM	TAIWAN SEMICONDUCTOR MFG LTD	3,725,474 (-18.6%)	$1,132,134 (-11.5%)	3.8%	$125.05	—	SPONSORED ADS	874039100
NVDA	NVIDIA CORPORATION	11,011,752 (-6.0%)	$2,053,692 (-6.0%)	6.9%	$100.20	+85.8%	COM	67066G104
CSGP	COSTAR GROUP INC	2,259,109 (-30.4%)	$151,902 (-44.5%)	0.5%	$75.52	-6.2%	COM	22160N109
BULL	WEBULL CORP	6,724,137 (-42.6%)	$52,247 (-69.9%)	0.2%	$14.98	-32.9%	ORD SHS	G9572D103
AMZN	AMAZON COM INC	10,011,379 (-9.3%)	$2,310,827 (-4.7%)	7.8%	$157.39	+45.4%	COM	023135106
GEV	GE VERNOVA INC	972,994 (-15.7%)	$635,920 (-10.4%)	2.1%	$363.30	+67.6%	COM	36828A101
LRCX	LAM RESEARCH CORP	3,900,439 (-25.9%)	$667,677 (-5.2%)	2.2%	$75.87	+104.8%	COM NEW	512807306
SHW	SHERWIN WILLIAMS CO	257,083 (-21.9%)	$83,303 (-26.9%)	0.3%	$355.21	-5.9%	COM	824348106
CPAY	CORPAY INC	1,752,146 (-1.1%)	$527,273 (+3.3%)	1.8%	$298.17	-2.6%	COM SHS	219948106
UNH	UNITEDHEALTH GROUP INC	420,205 (-4.2%)	$138,714 (-8.5%)	0.5%	$473.12	-28.7%	COM	91324P102

Unchanged Positions (26)

GOOGL ALPHABET INC 11.2%

Value ($000) $3,327,629 Shares 10,631,402 Est. Cost $130.22 Unrealized +119.3%

VEEV VEEVA SYS INC 1.8%

Value ($000) $540,328 Shares 2,420,500 Est. Cost $227.17 Unrealized +16.8%

SPOT SPOTIFY TECHNOLOGY S A 2.5%

Value ($000) $732,543 Shares 1,261,461 Est. Cost $427.52 Unrealized +46.2%

GRAB GRAB HOLDINGS LIMITED 1.6%

Value ($000) $463,690 Shares 92,923,788 Est. Cost $3.33 Unrealized +66.0%

APO APOLLO GLOBAL MGMT INC 3.0%

Value ($000) $898,887 Shares 6,209,496 Est. Cost $63.81 Unrealized +107.8%

AMAT APPLIED MATLS INC 0.8%

Value ($000) $230,057 Shares 895,200 Est. Cost $211.43 Unrealized +13.3%

AVGO BROADCOM INC 3.3%

Value ($000) $995,250 Shares 2,875,614 Est. Cost $179.68 Unrealized +98.7%

WDAY WORKDAY INC 0.7%

Value ($000) $214,780 Shares 1,000,000 Est. Cost $185.64 Unrealized +22.4%

FWONK LIBERTY MEDIA CORP DEL 0.9%

Value ($000) $264,204 Shares 2,682,000 Est. Cost $68.28 Unrealized —

ESTC ELASTIC N V 0.4%

Value ($000) $127,546 Shares 1,690,700 Est. Cost $68.17 Unrealized +19.7%

TTWO TAKE-TWO INTERACTIVE SOFTWAR 5.0%

Value ($000) $1,495,025 Shares 5,839,256 Est. Cost $126.42 Unrealized +97.2%

NU NU HLDGS LTD 0.6%

Value ($000) $184,685 Shares 11,032,555 Est. Cost $10.19 Unrealized +57.7%

RERE ATRENEW INC 0.2%

Value ($000) $52,105 Shares 9,831,218 Est. Cost $6.91 Unrealized —

NTSK NETSKOPE INC 0.0%

Value ($000) $8,770 Shares 500,000 Est. Cost $23.79 Unrealized -12.3%

BLSH BULLISH 0.0%

Value ($000) $3,787 Shares 100,000 Est. Cost $61.33 Unrealized -20.6%

UBER UBER TECHNOLOGIES INC 0.0%

Value ($000) $12,353 Shares 151,178 Est. Cost $38.75 Unrealized +132.4%

JD JD.COM INC 0.0%

Value ($000) $9,882 Shares 344,309 Est. Cost $32.86 Unrealized —

KLAR KLARNA GROUP PLC 0.0%

Value ($000) $5,059 Shares 175,000 Est. Cost $42.59 Unrealized -19.4%

DASH DOORDASH INC 0.0%

Value ($000) $5,738 Shares 25,337 Est. Cost $84.57 Unrealized +177.4%

GEMI GEMINI SPACE STA INC 0.0%

Value ($000) $694 Shares 70,000 Est. Cost $25.81 Unrealized -39.6%

FIGR FIGURE TECHNOLOGY SOLUTIO 0.0%

Value ($000) $8,168 Shares 200,000 Est. Cost $38.84 Unrealized +3.0%

FIG FIGMA INC 0.0%

Value ($000) $2,242 Shares 60,000 Est. Cost $68.66 Unrealized -34.2%

ETOR ETORO GROUP LTD 0.0%

Value ($000) $2,810 Shares 80,000 Est. Cost $64.04 Unrealized -39.7%

PCOR PROCORE TECHNOLOGIES INC 0.6%

Value ($000) $170,175 Shares 2,339,500 Est. Cost $68.23 Unrealized +8.4%

MNTN MNTN INC 0.0%

Value ($000) $239 Shares 20,000 Est. Cost $23.00 Unrealized -37.4%

ARX ACCELERANT HOLDINGS 0.0%

Value ($000) $1,226 Shares 75,000 Est. Cost $23.42 Unrealized -39.9%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
GOOGL	ALPHABET INC	10,631,402	$3,327,629	11.2%	$130.22	+119.3%	CAP STK CL A	02079K305
VEEV	VEEVA SYS INC	2,420,500	$540,328	1.8%	$227.17	+16.8%	CL A COM	922475108
SPOT	SPOTIFY TECHNOLOGY S A	1,261,461	$732,543	2.5%	$427.52	+46.2%	SHS	L8681T102
GRAB	GRAB HOLDINGS LIMITED	92,923,788	$463,690	1.6%	$3.33	+66.0%	CLASS A ORD	G4124C109
APO	APOLLO GLOBAL MGMT INC	6,209,496	$898,887	3.0%	$63.81	+107.8%	COM	03769M106
AMAT	APPLIED MATLS INC	895,200	$230,057	0.8%	$211.43	+13.3%	COM	038222105
AVGO	BROADCOM INC	2,875,614	$995,250	3.3%	$179.68	+98.7%	COM	11135F101
WDAY	WORKDAY INC	1,000,000	$214,780	0.7%	$185.64	+22.4%	CL A	98138H101
FWONK	LIBERTY MEDIA CORP DEL	2,682,000	$264,204	0.9%	$68.28	—	COM LBTY ONE S C	531229755
ESTC	ELASTIC N V	1,690,700	$127,546	0.4%	$68.17	+19.7%	ORD SHS	N14506104
TTWO	TAKE-TWO INTERACTIVE SOFTWAR	5,839,256	$1,495,025	5.0%	$126.42	+97.2%	COM	874054109
NU	NU HLDGS LTD	11,032,555	$184,685	0.6%	$10.19	+57.7%	ORD SHS CL A	G6683N103
RERE	ATRENEW INC	9,831,218	$52,105	0.2%	$6.91	—	SPONSORED ADS	00138L108
NTSK	NETSKOPE INC	500,000	$8,770	0.0%	$23.79	-12.3%	CL A	64119N608
BLSH	BULLISH	100,000	$3,787	0.0%	$61.33	-20.6%	ORD SHS	G16910120
UBER	UBER TECHNOLOGIES INC	151,178	$12,353	0.0%	$38.75	+132.4%	COM	90353T100
JD	JD.COM INC	344,309	$9,882	0.0%	$32.86	—	SPON ADS CL A	47215P106
KLAR	KLARNA GROUP PLC	175,000	$5,059	0.0%	$42.59	-19.4%	SHS	G5279N105
DASH	DOORDASH INC	25,337	$5,738	0.0%	$84.57	+177.4%	CL A	25809K105
GEMI	GEMINI SPACE STA INC	70,000	$694	0.0%	$25.81	-39.6%	CL A COM	36866J105
FIGR	FIGURE TECHNOLOGY SOLUTIO	200,000	$8,168	0.0%	$38.84	+3.0%	COM CL A	349381103
FIG	FIGMA INC	60,000	$2,242	0.0%	$68.66	-34.2%	CLASS A COM STK	316841105
ETOR	ETORO GROUP LTD	80,000	$2,810	0.0%	$64.04	-39.7%	SHS CL A	G32089107
PCOR	PROCORE TECHNOLOGIES INC	2,339,500	$170,175	0.6%	$68.23	+8.4%	COM	74275K108
MNTN	MNTN INC	20,000	$239	0.0%	$23.00	-37.4%	CL A	55318A108
ARX	ACCELERANT HOLDINGS	75,000	$1,226	0.0%	$23.42	-39.9%	CL A	G00894108