Hedge fund Tiger Global dissolved its stake in Rivian Automotive Inc (NASDAQ: RIVN) and Netflix Inc (NASDAQ: NFLX) in the first quarter and significantly lowere read more. : Hedge fund Tiger Global dissolved its stake in Rivian Automotive Inc RIVN and Netflix Inc NFLX in the first quarter and significantly lowered its exposure to Uber Technologies Inc UBER. It more than doubled its positions in Chinese EV makers Xpeng Inc XPEV and Li Auto Inc LI, according to regulatory filings. What Happened: The Chase Coleman-founded hedge fund, popular for its mega bets on technology firms, completely exited its position in Rivian, the high-profile EV maker that went public last year and has been under pressure after missing some key production and delivery targets.