The founder of investment firm Tiger Global Management, Chase Coleman, is offloading a massive stake in Facebook’s parent company while loading up on a tech stock that has rallied massively over the past couple of months.
According to Securities and Exchange Commission (SEC) filings, Coleman dumped shares of Meta Platforms (META) worth approximately $3.49 billion in the third quarter of 2025.
Since October, Meta Platforms has shed roughly 10% of its value.
Over the same period, Coleman initiated a position in database software firm MongoDB (MDB) worth approximately $105.84 million.
Earlier this week, MongoDB hit a 23-month high price of about $440 amid consecutive double-digit growth in revenues and profits over the past four quarters.
MongoDB is trading at $414 at time of writing, up by approximately 106% from July of 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.
Besides Meta Platforms, other public companies that Coleman partially offloaded stakes in in the third quarter of 2025 include pharmaceutical firms Eli Lilly (LLY) and Novo Nordisk (NVO).
In Eli Lilly, Coleman sold a stake worth approximately $1.18 billion, while offloading shares worth around $87.59 million in Novo Nordisk.
Other stocks in which Coleman offloaded significant stakes include the world’s largest coatings company, Sherwin-Williams (SHW), cybsecurity firm Crowdstrike (CRWD) and fintech firm Chime Financial (CHYM).
Coleman sold shares worth $299.5 million, $254.7 million and $178.8 million, respectively, in the three public firms.
Follow us on X, Facebook and Telegram
Don’t Miss a Beat – Subscribe to get email alerts delivered directly to your inbox
Check Price Action
Surf The Daily Hodl Mix
 
Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any losses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.
Generated Image: Midjourney