Chase Coleman

Last Update: 2014-09-15

Number of Stocks: 58
Number of New Stocks: 15

Total Value: $7,891 Mil
Q/Q Turnover: 18%

Countries: USA
Details: Top Buys | Top Sales | Top Holdings  Embed:

Chase Coleman Watch

  • Tiger Global Management Ups Stake in Chinese Firms

    Chase Coleman of Tiger Global Management disclosed new stakes in two Chinese companies on Sept. 12, upping the share of Bitauto Holdings (BITA) to 14.9 percent, and to 18.5 percent in Autohome Inc. (ATHM).


    Both Bitauto and Autohome are similar to Cars.com, and operate websites that offer new and used car information, such as pricing, specifications, and consumer reviews.

      


  • After The Drop in Price in Recent Weeks, Could 3D Systems Be a Good Buy Now?

    In this article, let's take a look at this leading provider of 3D content-to-print solutions, 3D Systems Corp. (DDD) and try to explain to investors the reasons this is an apparently appealing investment opportunity.


    Strategic Initiatives

      


  • Groupon, Twitter Investor Chase Coleman Buys Stake in Internet-Based Zillow Inc.

    Chase Coleman (Trades, Portfolio), founder of the hedge fund seeded by investing legend Julian Robertson (Trades, Portfolio), Tiger Global Management, has added another Internet stock to his portfolio, Zillow Inc. (Z). Coleman’s top holdings contain several Internet-based companies, including Priceline.com Inc. (PCLN), Amazon.com Inc. (AMZN), and Yahoo Inc. (YHOO). He also has smaller interests in a number of other well-known dot-coms, such as Groupon Inc. (GRPN), TripAdvisor Inc. (TRIP), Zynga Inc. (ZNGA), Twitter Inc. (TWTR).

    Coleman acquired 3,136,081 shares of Zillow Inc., a 9.5% stake in the company, on April 21, 2014, according to GuruFocus Real Time Picks. Zillow’s share price closed at $103 that day, jumping 8.3% from its morning open and hitting a 52-week high. Year to date, Zillow’s shares have gained 25% and trade around $101.68 on Tuesday.  


  • Priceline Group Continues Its Profitable Growth Streak

    That the travel industry can be fiercely competitive, with its highly fragmented market and difficult to retain customer loyalty, is nothing new. However, Priceline Group Inc. (PCLN) seems to be sailing through the recent quarters like a breeze without a doubt and fourth quarter fiscal 2013 was no exception to the rule. In fact, the company’s name change (formerly Priceline.com) is a sign of growth, as the new name comprises all five Priceline brands – Booking.com, priceline.com, agoda.com, KAYAK and rentalcars.com – in the form of a global business, thereby showcasing the firm’s scale. So, despite the company’s high target price of $1217.03, its impeccable balance sheet and outstanding returns on capital make it one of the favorite long-term picks among investment gurus like Chase Coleman (Trades, Portfolio) and John Burbank (Trades, Portfolio). But how will the growth streak continue looking forward?


    Outranking the Competition

      


  • A Travel Agent with Top-Line Profits

    The $600 billion online travel industry characterizes itself through low costs on capital and very high returns on invested capital. Investment gurus, like Chase Coleman (Trades, Portfolio) and Chris Davis (Trades, Portfolio), know that this market holds promising long term profits, so they recently bought several million company shares of Priceline.com Inc. (PCLN). This online travel aggregator offers booking services such as hotel rooms, airline tickets, rental cars and cruises. Under the brand names of Priceline.com, Booking.com, Agoda, and rentalcars.com, the company riels in profits through transaction fees for its online bookings. And so far, metrics have been fruitful.


    International Expansion to Drive Bookings

      


  • Chase Coleman’s Tiger Global Takes Near 10% Stake in Children’s Retailer

    Over the past week Chase Coleman’s fund Tiger Global Management reported an increase in their holdings in the children’s apparel company, Carter’s. The fund made this increase on Oct. 24, as the company released their third quarter financial results.

    Coleman’s fund upped its stake in Carter’s by 41.33% last week by purchasing a total of 1,653,031 shares of the company’s stock. The fund bought these shares at an average price of $68.28 per share, and since then the price is down slightly to $68.11 per share.  


  • Chase Coleman's Tiger Global Cuts TAL Education

    Over the past week guru Chase Coleman’s fund, Tiger Global Management, made an interesting reduction of its stake in the Chinese education company TAL Education Group (XRS).

    Coleman, along with Feroz Dewan, are the portfolio managers of the team at Tiger Global, and over the past week and a half the Tiger team has made two notable transactions as reported by GuruFocus Real Time Picks. These transactions come as TAL Education is inching nearer to its record high in share price.  


  • Coleman’s Tiger Global Ups Stake in Chinese Education Company

    As reported to GuruFocus real time picks, Chase Coleman’s Tiger Global Management Fund significantly upped its position in TAL Education Group (XRS) on Sept. 18. Tiger Global’s new buy gives the fund a near 15% stake in the company.

    Tiger Global increased their stake in the company 51.68% by purchasing a total of 3,850,000 shares. The fund bought these shares at an average price of $13.01 per share. The price has since then grown approximately 8% to $13.98 per share. Since its most recent buy Tiger Global now holds on to 14.48% of the company’s shares outstanding.  


  • Timing, Tempo and Touch - Tiger Global Review, Returns 38.9% over 12

    Tiger Global Management is one tiger you won’t find on the PGA Tour or the endangered species list. The hedge fund’s founder, Chase Coleman, is one of the few investors who outsmarted Facebook and reportedly made around $1 billion for his investors when he sold out his Facebook shares in early 2013, according to Forbes.

    Guru Chase Coleman’s 12-month average return is 38.93%. Tiger Global Management’s portfolio currently lists 43 stocks, nine of them new, with a total value of $5.74 billion and a quarter-over-quarter turnover of 21%. The portfolio top three sector weights are consumer cyclical at 27%, technology at 14.8% and consumer defensive at 10%.  


  • Tiger Cub Chase Coleman's Second Quarter Top Five

    Chase Coleman, one of Julian Robertson’s Tiger Cubs and the founder of Tiger Global Management, and his team bought nine new stocks and sold out of 16 over the duration of the second quarter. Coleman manages the hedge fund portfolio of Tiger Global alongside his partner, Feroz Dewan.

    Tiger Global Management is an investment firm that manages two different businesses: Private equity/venture capital funds and Public equity (hedge) funds.  


  • Tiger Global Sheds Shares of China Stock, TAL Education

    As of Nov. 30, Tiger Global Management, founded by Chase Coleman, has reported to decreasing 5.9 percent of the hedge fund's stake in Chinese academic tutoring services provider, TAL Education Group (XRS), according to GuruFocus Real Time Picks.

    This places Tiger Global's current holding at 20,900,000 shares.  


  • Tiger Global’s Chase Coleman Takes 9.9% Ownership of Groupon

    As of Nov. 9, hedge fund manager, Chase Coleman, of New York-based Tiger Global Management LLC, has significantly enlarged his stake of discount deals provider, Groupon Inc. (GRPN), according to GuruFocus Real Time Picks.

    Stocking up on Groupon stretched Coleman’s ownership to 9.9 percent, inflating his latest holding to 65 million shares.  


  • Chase Coleman Buys Facebook and Raises Stakes in 11 Other Companies

    Chase Coleman, a “Tiger Cub” who learned from Julian Robertson at his Tiger Management, has found a niche in Internet stocks. Particular wins came with LinkedIn (LNKD) and Baidu.com (BIDU). The manager of the $5 billion hedge fund Tiger Global Management also holds shares of Amazon.com (AMZN), Priceline.com (PCLN), Yandex NV (YNDX) and Google (GOOG), among other more diversified holdings. Coleman has produced a 21% average return per year since founding his own firm in 2001.

    In the first quarter, Coleman revealed one new buy, a classic Internet pick: Facebook (FB). He also made dramatic increases to several other positions: TAL Education (XRS), Arcos Dorados Holding (ARCO), W.R. Grace & Co. (GRA) and Amazon.com (AMZN).  


  • Tiger Global Sells 40% of LinkedIn Holding

    Tiger Global, the hedge fund founded by Chase Coleman, chiseled down his LinkedIn Corporation (LNKD) stake by 40.09% from June 18 to July 27, according to GuruFocus Real Time Picks. The stock traded in a range of $100.99 to $108.67 during those dates. He sold a total of 1,620,947 shares and has 2,421,981 shares remaining.

    Tiger Global has reported owning shares of LinkedIn, the professional online networking site, since the third quarter of 2011 with 300,000 shares at an average price of $90 per share. But the firm's holding history goes back further than that. In May 24, 2011, the firm bought 2,436,001 shares at $45 each in LinkedIn’s IPO. In the last year the stock is up 0.77%, with an almost 62 percent increase year to date.  


  • Chase Coleman Made 400% on His Original LinkedIn Investment

    Chase Coleman bought 300,000 Class A shares of LinkedIn (LNKD), a rapidly growing albeit largely unprofitable professional networking site, at its IPO on May 24, 2011, for $45 per share. His gain from that is 47%. He originally invested $31 million by acquiring 2,436,001 shares in a number of secondary transactions, from Dec. 21, 2009, to Aug. 10, 2010. Later, he exchanged the preferred shares for Class B common shares at an average cost of $13 per share. His return on his original investment is 400%. The company's Class B shares allow the holder 10 votes, while Class A shares allow 1 vote. Coleman now owns 6.4% of LinkedIn, and the stock is trading at $66 per share.

    Coleman is the founder of Tiger Global Management, and is considered one of the “Tiger Cubs,” i.e., one-time protégées of the legendary Julian Robertson, the inventor of the hedge fund. He specializes in small caps and technology stocks.  


  • How Chase Coleman Made 45% in 2011 by Betting on LinkedIn, Zynga and Facebook!

    Charles Payson Coleman III, known as Chase, is as close as one gets to American aristocracy. A descendent of Peter Stuyvesant, the last Dutch governor of New York, Coleman was raised in Glen Head, a posh enclave on New York's Long Island. He went to Deerfield Academy in Massachusetts and then, like his father and grandfather, attended Williams College, where he played lacrosse. He graduated in 1997 and went to work as a technology analyst for Julian Robertson, a godfather of the hedge-fund industry, at Tiger Management LLC, Bloomberg Markets reports in its February issue.

    Coleman had a connection at Tiger. He had grown up with Robertson's son, Spencer, who lived in nearby Locust Valley.  


  • Chase Coleman Tiger Global's Largest Buys, YNDX, CCE, GOOG, LNKD, RBCN

    Chase Colman is the founder of Tiger Global Management LCC. Coleman learned from the legendary Julian Robertson, inventor of the hedge fund, and is one of his incredibly successful protégés, dubbed Tiger Cubs. Coleman frequently invests in small caps and technologies. His second quarter portfolio is heavy on Internet stocks, including a large stake in Russian search engine Yandex. He also became the first Guru to invest in the controversial LinkedIn social media site. His top five buys this quarter are: Yandex N.V. (YNDX), CocaCola Enterprises Inc. (CCE), Google Inc. (GOOG), LinkedIn (LNKD), Rubicon Technology Inc. (RBCN). Yandex N.V. (YNDX)

    Yandex N.V. is a Russian IT company that operates the Russian version of Google (GOOG) and Baidu (BIDU). Blog searches offered by the company's website include feeds from leading blog hosting and social networking sites in Russia, including LiveJournal, Vkontakte and Facebook. The company also offers a wide range of specialized search, personalized and location-based services, including Yandex.News, Yandex.Market, Yandex.Mail and Yandex.Maps. Yandex N.V. and is headquartered in Moscow, the Russian Federation. Yandex N.V. has a market cap of $9.88 billion; its shares were traded at around $30.66. The company has a P/E ratio of 66.07.  


  • Thursday Value Overview

    The last day of the quarter was a good one. We’ve got some leading indicators, some Amazon (AMZN) news, more Bank of America (BAC) background information, some John Paulson gossip, Alan Greenspan comments, and an interesting Chase Coleman stock to look at, Bitauto Holdings (BITA).

    The day started out with blowout numbers for business activity in the Midwest. This leading indicator was expected to drop from May to June, but it instead rose by nearly 8%. That set the stage for a big morning rally and it made Larry Fink look good. Of course, the jobs situating continues to look bad. There was a 1,000 claim drop for this week to 428,000. If only those unemployed were invested in the stock market!  


  • Chase Coleman Increases Positions in BITA by 47%

    Chase Coleman increased his positions in Bitauto Holdings (BITA) by 46.986% at the average price of $6.85 on 06/30/2011, as reported in his latest 13G filings. He owns 3,020,745 shares of the company. Bitauto Holdings Limited is engaged in providing Internet content and marketing services for automotive industry in China. Bitauto Holdings has a market cap of $283.1 million; its shares were traded at around $6.85 with and P/S ratio of 4.1.

    Bitauto recently reported its first quarter 2011 results. Revenue in the first quarter of 2011 was RMB109.6 million ($16.7 million), a 56.9% increase from the corresponding period in 2010. Gross profit in the first quarter of 2011 was RMB71.7 million ($11.0 million), a 59.2% increase from a year ago. Operating profit in the first quarter of 2011 was RMB4.7 million ($0.7 million), up 4,585.1% compared to results from the first quarter of 2010.  


  • Chase Coleman and Tiger Global's Top Stocks

    Tiger Global Management is a hedge fund located in New York City. The firm is led by Chase Coleman, a “tiger-cub” and protégé of Julian Robertson. More information regarding the tiger cubs and their history can be referenced in a previous article: Lone Pine top stocks. Chase Coleman is a graduate of Williams College, and a descendent of Peter Stuyvesant, the man who was instrument in the original wall that gave Wall St. its namesake.

    Chase Coleman specializes in consumer services, technology and small capitalization companies. From time to time, Coleman deviates from his regular investments into real estate and fixed income investments on both the short and long side. As can be seen in his top 5 holdings, all of those equities are technologically oriented in some manner.  


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