Tiger Global Management was established in 2001 by Chase Coleman. He was an investment analyst at Julian Robertson’s Tiger Management for almost four years. Coleman is the CEO and hedge fund manager of Tiger Global Partners, a private equity firm co-founded by Barry Diller. There is a Tiger Global Management 13F portfolio worth an estimated $46 billion. For the most part, Chase Coleman’s investments are concentrated in the technology industry. One of the world’s richest men’s funds has trimmed its stakes in Roblox Corporation and DocuSign, Inc.
Insider Monkey highlights the top 10 stock picks of Chase Coleman’s Tiger Global Management. It was in the third quarter of 2017 that Tiger Global Management made its first acquisition of ServiceNow, Inc. During the fourth quarter of 2021, the hedge fund increased its holdings to 2.20 million shares worth $1.4 billion, or 3.11 percent of the 13F’s total holdings. Information security, endpoint security, security and IT operations, and security cloud are among the services provided by CrowdStrike Holdings Inc. This represents 3.35 percent of Chase Coleman’s 13F portfolio, which is 7.5 million shares worth $1.5 billion. When it comes to Carvana Co., Tiger Global Management has increased its stake in the company in the fourth quarter of 2021 by 19 percent. The hedge fund owns 3.66 percent of the 13F securities, or 7.2 million shares worth $1.6 billion. Facebook, Instagram, and WhatsApp’s parent company, Meta Platforms, Inc., is a subsidiary of Facebook. Microsoft’s revenues grew about 20 percent year-over-year, exceeding forecasts by $230.60 million to $33.67 billion in the first quarter of 2015. In the fourth quarter of 2020, Tiger Global Management purchased a stake in DoorDash, Inc. Over the years, the fund has steadily increased its stake in the company. An estimated $1.73 billion in shares were held by Coleman’s hedge fund as of the fourth quarter of 2021. For more details, click the Top 10 Stock Picks Of Chase Coleman’s Tiger Global Management.