This Hedge Fund Recently Bought $1.1 Billion of Apple Stock by Tom Huddleston, Jr. @FortuneMagazine February 17, 2016, 8:36 AM EDT E-mail Tweet Facebook Linkedin Share icons Tiger Global Management apparently stocked up on new holdings in the final quarter of 2015, including major new stakes in Apple and Priceline. The tech-heavy hedge fund run by Chase Coleman reported that it took a $1.1 billion stake in Apple AAPL along with a $967 million Priceline PCLN stake in the fourth quarter, according to a quarterly filing with the Securities and Exchange Commission this week. The purchase of Apple stock, coming at some point during the final three months of last year, would have prefaced a major drop-off in the company’s share value that has resulted in many investors backing off of the tech giant amid concerns over slowing iPhone sales. Apple’s stock is down 12.4% going back to the beginning of October, and it’s dropped more than 8% since the start of this year. Tiger Global’s overall U.S. stock holdings increased by roughly 53% in the fourth quarter to $12.4 billion as the fund’s SEC filing noted that it added more than $500 million to its stake in Amazon AMZN . The Amazon stake remains the fund’s largest reported holding at $2.16 billion, while Tiger Global also now holds a $2.06 billion stake in Netflix NFLX and a stake worth just over $1.9 billion in Chinese e-commerce giant JD.com JD . The hedge fund also made news with another fourth-quarter investment in ride-sharing unicorn Uber (a private company, which is why the investment would not show up in the quarterly SEC filing). Fortune reported in December that Tiger Global was co-leading a $2.1 billion funding round that would value Uber at $62 billion.