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Billionaire Chase Coleman’s share portfolio revealed

Chase Coleman is the youngest hedge fund manager on the Forbes 400 list of billionaires, with a net worth of $10.3 billion.

Coleman is known as one of the Tiger Cubs – a group of former Tiger Management employees who developed their skills under Julian Robertson and went on to start their own hedge funds.

45-year-old Coleman founded New York-based Tiger Global Management, managing $65 billion in assets in public and private equity markets.

He has delivered an annualized net return of 21% since he started the firm 20 years ago. The fund focuses on the technology, media, and industrial sectors.

Tiger Global Management has strong links to South Africa. It founded Takealot in partnership with Kim Reid and invested in Private Property and Bidorbuy.

The company sold its stake in Takealot to Naspers five years ago and exited its positions in Private Property and Bidorbuy.

Tiger Global Management had a tough year, with the fund declining over 50%. Its long-only fund reportedly plummeted 66.5% in 2022.

It is now working on its recovery. In the last quarter, Tiger Global Management started new positions in HubSpot, Pagaya Technologies, Applovin Corp, Paypal, and Taiwan Semiconductor (TSMC).

The fund more than doubled its interests in Google, DataDog, Workday, Uber, Block, and DLocal.

It also added significantly to its positions in Microsoft, ServiceNow, Sea, Snowflake, Li Auto, Atlassian Corp, Kanzhun, DoorDash, Olo Inc, Peloton, and Freshworks.

Although the fund did more buying than selling in the last quarter, it cut back its positions on Nu Holdings, Toast, CrowdStrike, SentinelOne, and RingCentral.

It also lightened its holdings in DoubleVerify, Futu Holdings, Blend Labs, 8×8 Inc, and Katapult Holdings.

The table below shows Tiger Global Management’s share positions on 30 September 2022.

NameValue  ($ million)Portfolio Weight
JD.com$1,50213.8%
Microsoft$1,39812.8%
ServiceNow$6405.9%
Meta$6095.6%
Sea$5354.9%
Google$5244.8%
DataDog$5134.7%
Workday$4834.4%
Snowflake$4424.1%
Li Auto$3963.6%
Atlassian Corp$3633.3%
Amazon$3022.8%
Kanzhun$3012.8%
Uber Technologies$2632.4%
Block (Square)$2091.9%
Mastercard$2061.9%
Nu Holdings$2041.9%
DoorDash$1811.7%
Toast$1661.5%
HubSpot$1611.5%
CrowdStrike$1481.4%
Pagaya Technologies$1351.2%
SentinelOne$1061.0%
RingCentral$990.9%
Applovin$970.9%
Taiwan Semiconductor (TSMC)$900.8%
Dlocal$880.8%
Ozon Holdings$810.7%
Qualtrics International$760.7%
Freshworks$670.6%
Zendesk$540.5%
Shopify$450.4%
Olo$400.4%
AltC Acquisition$390.4%
Weave Communications$360.3%
AiHuiShou International$330.3%
Visa$290.3%
Starry Group Holdings$290.3%
DoubleVerify Holdings$260.2%
Futu Holdings$250.2%
VTEX$240.2%
Apollo Global Management$210.2%
Blend Labs$140.1%
Lamb Weston$140.1%
Altimeter Growth Corp$130.1%

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