During the fourth quarter of 2014, Chase Coleman (Trades, Portfolio) of Tiger Global Management LLC added 23 new positions to his portfolio, which brought his stock count to 61. His portfolio is currently valued at $8.473 billionn with a quarter over quarter turnover rate of 26%.
Last week, Coleman increased his stakes in three of his newest positions, one of which currently holds the most weight in his portfolio. Here's a look at his latest additions:
Coleman purchased 5,115,392 shares of JD at the end of the fourth quarter when he first added the position to his portfolio at an average price of $24.36/share. On February 17, he increased his stakes by 8121.25% and now owns 420,549,298 shares, which now consists of 133.42% of his overall portfolio and is currently the most heavily weighted stock.
JD.com was incorporated in 2006 under the laws of the British Virgin Islands. The company is an online retail store that provides a variety of goods for consumers.
JD's current revenue per share is $14.62 for the trailing 12 months with a growth rate of 339%. The stock is currently trading at $27.49/share, which makes the P/S ratio 1.88.
The current ratio is at a comfortable 1.80, indicating good short-term financial strength.
When Coleman first added the position to his portfolio, he purchased 2,450,000 shares at an average price of $41.37/share. On February 17, he doubled his stakes by purchasing 2,450,000 more shares. He currently owns 4,900,000 shares, which impacts his portfolio by 1.25%.
58.com was incorporated in 2011 in the Cayman Islands as an online marketplace that enables local merchants and consumers to connect, share information and conduct business.
The company's earnings per share for the trailing 12 months was $0.34, and the stock is currently trading at $42.35/share, which makes the P/E ratio 124.56.
Revenue per share is $2.82 over the past 12 months with a growth rate of -33.30%. Revenue has been declining over the past 12 months. The current P/S ratio is 15.60, which is close to the two-year high of 17.30.
58.com currently has no debt.
By 4Q2014, Coleman purchased 1,275,000 shares of ZPIN at an average price of $15.03/share. On February 17, he doubled his stakes to 2,550,000 shares. ZPIN consists of 0.24% of Coleman's overall portfolio.
Zhaopin was incorporated in 1999 in the Cayman Islands. The company is an online recruiting platform that conducts business in 32 regional offices in cities in China. The company also provides campus recruitment, executive searches as well as print advertising.
ZPIN is currently trading at $16.92/share, and, according to the Peter Lynch earnings line, the stock's value is $3.80, indicating it may be undervalued.
Earnings per share for the trailing 12 months as of December 2014 was $0.53 and the growth rate was 216.90%.
The P/E ratio is currently 31.76 and close to its one-year low of 28.03.
ZPIN's current ratio is at a comfortable 1.76, which indicates the company has good short-term financial strength.
The company's market cap is currenetly $844 billion and long term debt reported at the end of the fourth quarter was $47 billion, which means the enterprise value is $588.2 billion.
Cash to debt ratio is currently at 4.48.
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