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Chase Coleman's Top 5 Holdings

According to current portfolio statistics, the top five holdings of Chase Coleman (Trades, Portfolio)'s Tiger Global Management as of the second quarter were Microsoft Corp. (NASDAQ:MSFT), Facebook Inc. (NASDAQ:FB), JD.com Inc. (NASDAQ:JD), Amazon.com Inc. (NASDAQ:AMZN) and Fiat Chrysler Automobiles NV (NYSE:FCAU).

A protege of Tiger Management leader Julian Robertson (Trades, Portfolio), Coleman founded Tiger Global Management and focuses on small-caps and technology companies. As of the June quarter, Tiger Global's $18.47 billion equity portfolio contains 74 stocks, of which 11 represent new positions.


The technology and consumer cyclical sectors represent the top two sectors of Tiger Global's equity portfolio. Technology stocks occupy 45.53% of the portfolio, up approximately 4.03% from the prior-quarter weight of 41.50%. On the other hand, consumer cyclical stocks occupy 34.56% of the portfolio, down approximately 5.63% from the prior-quarter weight of 40.19%.



Tiger Global owns 15,280,500 shares of Microsoft, up 14.96% from the prior quarter. Shares of the company founded by Bill Gates (Trades, Portfolio), which occupy 11.08% of the equity portfolio, averaged $126.89 during the second quarter.


The Redmond, Washington-based company operates three business segments: productivity and business processes, intelligent cloud and more personal computing. GuruFocus ranks the company's profitability 9 out of 10: Even though the three-year revenue growth rate underperforms 50.49% of global competitors, Microsoft's business predictability ranks four stars out of five on consistent revenue and earnings growth over the past 10 years. Additionally, Microsoft's operating margin has increased approximately 1.40% per year on average over the past five years and is outperforming 91.37% of global competitors.


Gurus with large holdings in Microsoft include PRIMECAP Management (Trades, Portfolio), Dodge & Cox and Ken Fisher (Trades, Portfolio).



Tiger Global owns 8,975,100 shares of Facebook, up 1.55% from the prior quarter. Shares averaged $182.62 during the June quarter and occupy 9.38% of the equity portfolio.


The Menlo Park, California-based social media giant operates several platforms, including Facebook, Instagram, WhatsApp and Messenger. GuruFocus ranks Facebook's financial strength 8.4 out of 10 and profitability 8 out of 10 on several positive indicators, which include a robust Altman Z-score of 13.48, debt ratios that outperform over 73% of global competitors and profit margins that outperform over 84% of global competitors.


Andreas Halvorsen (Trades, Portfolio) also has a large holding in Facebook.



Tiger Global owns 52,850,366 shares of JD.com, down 8.64% from the prior quarter. Shares averaged $28.75 during the second quarter and occupy 8.67% of the equity portfolio.


The Beijing-based company offers a wide selection of authentic products at competitive prices. GuruFocus ranks JD.com's financial strength 6.8 out of 10: Debt ratios are outperforming approximately 70% of global competitors despite low interest coverage of 3.38.



Tiger Global owns 704,112 shares of Amazon.com as of quarter-end, giving the position 7.22% equity portfolio weight. Shares averaged $1,862.37 during the quarter.


GuruFocus ranks the Seattle-based e-commerce giant's profitability 9 out of 10 on several positive investing signs, which include expanding profit margins, a four-star business predictability rank and a three-year revenue growth rate that outperforms 87.22% of global competitors.


Warren Buffett (Trades, Portfolio)'s Berkshire Hathaway Inc. (NYSE:BRK.A)(NYSE:BRK.B) owns 537,300 shares of Amazon, up 11.17% from the first quarter.


Fiat Chrysler

Tiger Global owns 94,248,728 shares of Fiat Chrysler, up 6.74% from the prior quarter. Shares averaged $14.52 during the quarter and occupy 7.05% of the equity portfolio.


The U.K.-based company manufactures passenger vehicles through brands like Fiat, Chrysler, Dodge and Alfa Romeo. GuruFocus ranks the company's financial strength 5.9 out of 10: Although Fiat Chrysler has a solid Piotroski F-score of 5, its Altman Z-score of 1.35 suggests possible financial distress.

See also

According to GuruFocus Real-Time Picks, a Premium feature, Tiger Global has kept increasing its position in Sunrun Inc. (NASDAQ:RUN). The latest trade occurred on Aug. 23: The fund purchased 650,000 shares, increasing the holding 2.79%. Shares traded at $14.66 that day.


Disclosure: No positions.

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This article first appeared on GuruFocus.