Super-investor Chase Coleman cut his stakes in many big tech companies, including Amazon, Alphabet (Google), and Microsoft, while increasing his stake in Meta, Uber, Nvidia and alternative asset manager Apollo Global Management.
Coleman is a billionaire hedge fund manager and the founder of Tiger Global Management. He is one of the most successful investors in the world, and his firm has generated billions of dollars in profits for its investors.
He was born in New York City in 1975 and attended Deerfield Academy and Williams College, where he studied economics.
After graduating from Williams College, Coleman worked as a research analyst at Tiger Management, a hedge fund founded by Julian Robertson.
In 2001, Coleman left Tiger Management to found his hedge fund, Tiger Global Management, alongside other ‘Tiger Cubs’ who split from Robertson to form their own hedge funds.
Coleman is known for his aggressive investment style and has made some of the most successful investments in recent history.
For example, Coleman was an early investor in Facebook, LinkedIn, and Spotify.
In addition to his business interests, Coleman is a philanthropist. He has donated money to several charities, including the Williams College Museum of Art, the Deerfield Academy, and the Council on Foreign Relations.
He is also a co-founder of the Tiger Foundation, a charity that supports education and poverty alleviation in New York City.
Chase Coleman’s portfolio
Super-investors managing over $100 million in funds are required by the US Securities and Exchange Commission to file a 13F form within 45 days of the previous quarter ending. This filing outlines their portfolios and any shares they bought or sold.
Coleman’s portfolio is worth nearly $12 billion and includes significant positions in prominent companies such as Microsoft, Meta, Amazon, and Alphabet.
However, he has cut many of his positions in ‘Big Tech’ companies besides Meta, a position he added to in the second quarter of 2023.
Coleman also added to his position in Nvidia, although it remains a small part of his overall portfolio.
He added massively to his position in alternative asset manager Apollo Global Management, which specialises in private equity investments.
Below is a breakdown of the top 20 shares in Coleman’s portfolio as of the end of the second quarter of 2023.
|Company||Percent of portfolio||Change||Value|
|Meta Platforms||20.54%||Add 14.86%||$2,458,014,000|
|Apollo Global Management||7.92%||Add 371.94%||$947,913,000|
|Take-Two Interactive Software||5.87%||Add 98.97%||$702,782,000|
|Alphabet (Google)||3.81%||Reduce 54.42%||$456,299,000|
|Eli Lily & Co.||2.84%||Buy||$339,588,000|
|Nvidia Corp.||2.22%||Add 1332.65%||$265,900,000|
|Lam Research||1.83%||Add 240.75%||$219,555,000|
|FleetCor Technologies||1.65%||Add 371.06%||$197,399,000|
|Sea Ltd.||1.64%||No change||$195,688,000|
|ZoomInfo Technologies||1.43%||Reduce 19.92%||$160,371,000|
|Uber Technologies||1.28%||Add 492.83%||$153,556,000|
|Snowflake Inc.||1.17%||Reduce 57.14%||$139,827,000|
|CrowdStrike Holdings||1.10%||No change||$132,183,000|