Billionaire Chase Coleman Recently Exited MongoDB and has a New Stake in a Stock That's Down 40% From Its Recent IPO
The Motley Fool
by newsfeedback@fool.com (Bram Berkowitz)February 25, 2026
AI-Generated Deep Dive Summary
Chase Coleman, the founder of Tiger Global Management, has made significant moves in his investment strategy. Known for his role as part of Julian Robertson’s legendary Tiger Cubs, Coleman recently exited his position in MongoDB, a tech company he had held for some time. In its place, he has revealed a new stake in another company that recently went public but has seen its stock price drop by 40% since the IPO. This shift highlights Coleman’s dynamic approach to investing and his ability to pivot in response to market conditions.
Coleman’s decision to sell all of Tiger Global Management’s shares in MongoDB is notable, as MongoDB had been a key holding for the fund. The move underscores the ever-changing nature of the tech sector and the importance of strategic portfolio adjustments. By reallocating capital into a newer, high-growth company that has underperformed since its IPO, Coleman appears to be betting on potential upside despite the stock’s recent struggles.
This development is significant for several reasons. First, Tiger Global Management is one of the most influential funds in the tech investing space, with nearly $30 billion in assets as of 2025. Coleman’s decisions have a substantial impact on market sentiment and investor behavior. Second, the fund’s shift away from MongoDB to a newer, riskier investment signals a potential change in strategy or a belief in the long-term growth prospects of the newly public company.
For investors, this news matters because it reflects broader trends in tech investing. The tech sector is known for its volatility, and high-profile exits like Coleman’s can influence market dynamics. Additionally, the fund’s decision to back a company that has underperformed since its IPO highlights the risks
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Originally published on The Motley Fool on 2/25/2026