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Chase Coleman Buys Uber, Boosts Microsoft

Chase Coleman (Trades, Portfolio), founder of Tiger Global Management, bought shares of the following stocks in the second quarter.

The guru established a position in Uber Technologies Inc. (NYSE:UBER), buying 6.66 million shares. The portfolio was impacted by 1.67%.

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The ride-hailing company has a market cap of $56.83 billion and an enterprise value of $54.96 billion.


GuruFocus gives the company a profitability and growth rating of 2 out of 10. While the return on equity of 218.24% is outperforming the sector, the return on assets of 5.06% is underperforming 65% of companies in the Application Software industry. Its financial strength is rated 5 out of 10. The cash-debt ratio of 1.41 is below the industry median of 2.82.

The largest guru shareholder of the company is Andreas Halvorsen (Trades, Portfolio) with 0.79% of outstanding shares, followed by Philippe Laffont (Trades, Portfolio) with 0.62% and Coleman with 0.39%.

The investor added 14.96% to his Microsoft Corp. (NASDAQ:MSFT) stake. The portfolio was impacted by 1.44%.

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The software company has a market cap of $1.06 trillion and an enterprise value of $1.0 trillion.

GuruFocus gives the company a profitability and growth rating of 9 out of 10. The return on equity of 42.84% and return on assets of 14.81% are outperforming 81% of companies in the Application Software industry. Its financial strength is rated 7 out of 10. The cash-debt ratio of 1.71 is below the industry median of 2.99.

PRIMECAP Management (Trades, Portfolio) is the company's largest guru shareholder with 0.46% of outstanding shares, followed by Dodge & Cox with 0.41% and Ken Fisher (Trades, Portfolio) with 0.27%.

Coleman invested in 5.73 million shares of GDS Holdings Ltd. (NASDAQ:GDS), impacting the portfolio by 1.17%.

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The company, which provides colocation and managed services, has a market cap of $5.84 billion and enterprise value of $7.28 billion

GuruFocus gives the company a profitability and growth rating of 3 out of 10. The return on equity of -7.0% and return on assets of -2.05% are underperforming 100% of companies in the Computer Hardware industry. Its financial strength is rated 4.1 out of 10. The cash-debt ratio of 0.39 is below the industry median of 1.18.

The largest guru shareholder of the company is Coleman with 4.55% of outstanding shares, followed by Ron Baron (Trades, Portfolio) with 1.76% and Louis Moore Bacon (Trades, Portfolio) with 0.60%.

The RingCentral Inc. (NYSE:RNG) holding was boosted by 121.58%. The trade had an impact of 1.03% on the portfolio.

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The provider of cloud-based communication solutions has a market cap of $11.87 billion and an enterprise value of $11.72 billion.

GuruFocus gives the company a profitability and growth rating of 3 out of 10. The return on equity of -9.66% and return on assets of -3.40% are underperforming 100% of companies in the Application Software industry. Its financial strength is rated 5.4 out of 10. The cash-debt ratio of 1.37 is below the industry median of 2.82.

Jim Simons (Trades, Portfolio)' Renaissance Technologies is another notable guru shareholder with 0.42% of outstanding shares, followed by Steven Cohen (Trades, Portfolio) with 0.19%.

The guru picked up a position in Zoom Video Communications Inc. (NASDAQ:ZM), buying 1.20 million shares. The portfolio was impacted by 0.58%.

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The company, which provides remote conferencing services, has a market cap of $25.30 billion and an enterprise value of $25.12 billion.


GuruFocus gives the company a profitability and growth rating of 1 out of 10. The return on equity of 10.78% and return on assets of 2.66% are underperforming 68% of companies in the Communication Services industry. Its financial strength is rated 8.2 out of 10 with no debt.

The largest guru shareholder of the company is Frank Sands (Trades, Portfolio) with 0.56% of outstanding shares, followed by Laffont with 0.45% and Pioneer Investments (Trades, Portfolio) with 0.07%.

The guru boosted his Smartsheet Inc. (NYSE:SMAR) stake by 880.43%. The portfolio was impacted by 0.53%.

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The company has a market cap of $5.43 billion and an enterprise value of $5.27 billion.


GuruFocus gives the company a profitability and growth rating of 1 out of 10. The return on equity of -42.47% and return on assets of -21.76% are underperforming 100% of companies in the Application Software industry. Its financial strength is rated 6.2 out of 10. The cash-debt ratio of 4.18 is above the industry median of 2.82.

Laffont is another notable guru shareholder with 1.93% of outstanding shares, followed by Cohen with 1.93%, Richard Pzena (Trades, Portfolio) with 0.68% and Simons' Renaissance Technologies with 0.59%.

Disclosure: I do not own any stocks mentioned.

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This article first appeared on GuruFocus.