Tiger Global Management's founder Chase Coleman (Trades, Portfolio) sold shares in the following stocks during the third quarter.
The guru trimmed his Twitter Inc. (TWTR) position by 41.39%. The trade had an impact of -1.10% on the portfolio.
The open distribution and conversational platform company has a market cap of $25.63 billion and an enterprise value of $22.38 billion.
GuruFocus gives the company a profitability and growth rating of 6 out of 10. The return on equity of 19.21% and return on assets of 12.81% are underperforming 67% of companies in the Global Internet Content and Information industry. Its financial strength is rated 7 out of 10. The cash-debt ratio of 2.20 is below the industry median of 7.46.
The company's largest shareholder among the gurus is Coleman with 0.9% of outstanding shares, followed by Steven Cohen (Trades, Portfolio) with 0.05%, Barrow, Hanley, Pioneer Investments (Trades, Portfolio) with 0.04% and Joel Greenblatt (Trades, Portfolio) with 0.01%.
The firm cut his position in TransDigm Group Inc. (TDG) by 24.26%. The trade had an impact of -1.06% on the portfolio.
The company, which designs and manufacturers engineered aircraft components for commercial and military use, has a market cap of $18.34 billion and an enterprise value of $29.15 billion.
GuruFocus gives the company a profitability and growth rating of 9 out of 10. The return on assets of 8.78% is outperforming 82% of companies in the Global Aerospace and Defense industry. Its financial strength is rated 4 out of 10. The cash-debt ratio of 0.16 is below the industry median of 0.53.
Another largest shareholder of the company is Steve Mandel (Trades, Portfolio) with 3.5% of outstanding shares, followed by Ron Baron (Trades, Portfolio) with 0.66% and PRIMECAP Management (Trades, Portfolio) with 0.4%.
The guru sold 38.41% of his MercadoLibre Inc. (MELI). The trade had an impact of -0.89% on the portfolio.
The e-commerce company has a market cap of $15.58 billion and an enterprise value of $15.18 billion.
GuruFocus gives the company a profitability and growth rating of 8 out of 10. The return on equity of -34.42% and return on assets of -5.96% are underperforming 88% of companies in the Global Specialty Retail industry. Its financial strength is rated 5 out of 10. The cash-debt ratio of 1.57 is above the industry median of 0.99.
Mandel is the largest guru shareholder of the company with 3.95% of outstanding shares, followed by Coleman with 2.03% and Frank Sands (Trades, Portfolio) with 0.59%.
The guru sold 19.88% of his Despegar.com Corp. (DESP) stake. The trade impacted the portfolio by -0.66%.
The online travel company has a market cap of $1.09 billion and an enterprise value of $759.7 million.
GuruFocus gives the company a profitability and growth rating of 3 out of 10. The return on equity of 11.72% and return on assets of 3.85% are outperforming 80% of companies in the Global Leisure industry. Its financial strength is rated 6 out of 10. The cash-debt ratio of 11.43 is above the industry median of 0.71.
Another largest guru shareholder of the company is Julian Robertson (Trades, Portfolio) with 0.11% and Jim Simons (Trades, Portfolio) with 0.09%.
The Facebook Inc. Class A (FB) stake was cut by 12.45%, impacting the portfolio by -0.66%.
The world's largest online social network has a market cap of $400.98 billion and an enterprise value of $359.77 billion.
GuruFocus gives the company a profitability and growth rating of 9 out of 10. The return on equity of 25.46% and return on assets of 22.40% are outperforming 85% of companies in the Global Internet Content and Information industry. Its financial strength is rated 9 out of 10 with no debt.
Sands is the company's largest shareholder among the gurus with 0.28% of outstanding shares, followed by Spiros Segalas (Trades, Portfolio) with 0.22% and Chris Davis (Trades, Portfolio) with 0.17%.
The GDS Holdings Ltd ADR (GDS) position was closed. This trade impacted the portfolio by -0.32%.
The company which provides colocation and managed services, has a market cap of $3.44 billion and an enterprise value of $4.43 billion.
GuruFocus gives the company a profitability and growth rating of 4 out of 10. The return on equity of -8.72% and return on assets of -2.69% are underperforming 84% of companies in the Global Data Storage industry. Its financial strength is rated 4 out of 10. The cash-debt ratio of 0.34 is below the industry median of 1.32.
The largest guru shareholder of the company is Louis Moore Bacon (Trades, Portfolio) with 2.24% of outstanding shares, followed by Cohen with 0.83% and Baron with 0.6%.
The guru’s HUYA Inc. ADR (HUYA) stake was cut by 28.92%, impacting the portfolio by -0.05%.
The company has a market cap of $3.61 billion and an enterprise value of $2.75 billion.
GuruFocus gives it a profitability and growth rating of 1 out of 10. The return on equity of -95.80% and return on assets of -55.92% are underperforming 89% of companies in the Global Media - Diversified industry. Its financial strength is rated 9 out of 10 with no debt.
Coleman is the company's largest shareholder among the gurus with 0.39% of outstanding shares.
Disclosure: I do not own any stocks mentioned in this article.
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