Seeded by legendary investor Julian Robertson, Chase Coleman is only 35 years old and a graduate of Williams College. His fund Tiger Global Management returned 71% after fees in 2007. Tiger Global's Chase Coleman is one of the more successful 'tiger cubs'. Coleman's Tiger Global has nearly $5 Billion under management and achieved an average 21% return per year since 2001. Coleman mainly invests in technology companies.
Below we compiled a list of stocks that Coleman has been holding since the beginning of this year. These are Coleman’s holdings with at least $100 Million at the end of June. Chase Coleman is one of the best technology investors around. He made billions from his investments in Facebook. He also invested early in LinkedIn (LNKD). His investments in publicly traded companies also performed spectacularly. Here are his best technology stock picks for the long term:
Company | Ticker | Value (x1000) | YTD Return |
APPLE INC | 502263 | 14.77% | |
VIACOM INC | VIA.B | 362694 | 4.98% |
LIBERTY GLOBAL INC | 316406 | -8.29% | |
AMAZON COM INC | 266880 | 19.15% | |
MASTERCARD INC | 180804 | 42.18% | |
PRICELINE COM INC | 165166 | 7.13% | |
VISA INC | 159817 | 21.21% | |
MAKEMYTRIP LIMITED | 151404 | -11.49% | |
CABLEVISION SYSTEMS CORP | 148751 | -30.58% | |
BAIDU INC | 140130 | 11.47% | |
LIVE NATION ENTERTAINMENT | 137071 | -33.05% | |
LIBERTY GLOBAL INC | 131774 | -7.25% | |
DIRECTV | 103622 | 2.20% | |
TRANSDIGM GROUP INC | 102984 | 8.68% | |
DISCOVERY COMMUNICATIONS | 102573 | -3.21% |
Apple Inc. is an American multinational corporation that designs and markets consumer electronics, computer software, and personal computers. It returned 14.77% since the beginning of this year. It has a market cap of $346.82 billion and a P/E ratio of 14.80. Coleman invested $502 million in AAPL shares. Apple is the most popular stock among hedge funds.
Viacom Inc. is an American media conglomerate with interests primarily in, but not limited to, cinema and cable television. It returned 4.98% since the beginning of this year. It has a market cap of $28.21 billion and a P/E ratio of 22.09. Coleman invested $363 million in VIA shares.
Liberty Global, Inc. is an international media company and one of the largest broadband providers outside the United States of America. It lost 8.29% since the beginning of this year. It has a market cap of $346.82 billion and a P/E ratio of 14.80. Coleman invested $316 million in LBTYA shares.
Amazon.com, Inc. is a U.S.-based multinational electronic commerce company. It returned 19.15% since the beginning of this year. It has a market cap of $10.28 billion and a P/E ratio of 26.64. Coleman invested $267 million in AMZN shares.
MasterCard Worldwide is an American multinational corporation with its headquarters in the MasterCard International Global Headquarters in Purchase, New York. It returned 42.18% since the beginning of this year. It has a market cap of $40.18 billion and a P/E ratio of 19.60. Coleman invested $181 million in MA shares. Coleman's mentor Julian Robertson is also bullish about Mastercard.
Priceline.com is a company and a commercial website that helps users obtain discount rates for travel-related purchases such as airline tickets and hotel stays. It returned 7.13% since the beginning of this year. It has a market cap of $23.37 billion and a P/E ratio of 33.30. Coleman invested $165 million in PCLN shares.
Visa Inc. is a global payments technology company headquartered on 595 Market Street in San Francisco, California, although much of the company's staff is based in Foster City, California. It facilitates electronic funds transfers throughout the world, most commonly through Visa-branded credit card and debit cards. It returned 21.21% since the beginning of this year. It has a market cap of $60.30 billion and a P/E ratio of 16.98. Coleman invested $160 million in V shares.
MakeMyTrip.com is an Indian online travel agency that holds a major market share, with one-out-of-every-twelve domestic flights in India booked via its site. The company lost 11.49% since the beginning of this year. It has a market cap of $346.82 billion and a P/E ratio of 14.80. Coleman invested $151 million in MMYT shares.
Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours.
