Insights into Chase Coleman (Trades, Portfolio)'s Fourth Quarter 2024 Investment Adjustments

Chase Coleman (Trades, Portfolio) recently submitted the 13F filing for the fourth quarter of 2024, providing insights into his investment moves during this period. Chase Coleman (Trades, Portfolio) is the founder of Tiger Global Management, which was established in 2001. As one of the “tiger cubs” who learned from legendary investor Julian Robertson, the guru is known for his interest in small caps and technology stocks. The firm applies a fundamentally oriented, long-term investment approach. It seeks to invest in high-quality companies that benefit from powerful secular growth trends and are led by excellent management teams.

Summary of New Buy

Chase Coleman (Trades, Portfolio) added a total of 7 stocks, among them:

• The most significant addition was Zscaler Inc (ZS, Financial), with 1,450,000 shares, accounting for 0.99% of the portfolio and a total value of $261.59 million.
• The second largest addition to the portfolio was PDD Holdings Inc (PDD, Financial), consisting of 2,628,681 shares, representing approximately 0.96% of the portfolio, with a total value of $254.96 million.
• The third largest addition was CoStar Group Inc (CSGP, Financial), with 3,245,109 shares, accounting for 0.88% of the portfolio and a total value of $232.32 million.

Key Position Increases

Chase Coleman (Trades, Portfolio) also increased stakes in a total of 7 stocks, among them:

• The most notable increase was Spotify Technology SA (SPOT, Financial), with an additional 1,258,900 shares, bringing the total to 1,261,461 shares. This adjustment represents a significant 49,156.58% increase in share count, a 2.13% impact on the current portfolio, with a total value of $564.35 million.
• The second largest increase was Eli Lilly and Co (LLY, Financial), with an additional 340,160 shares, bringing the total to 1,309,960. This adjustment represents a significant 35.08% increase in share count, with a total value of $1,011.29 million.

Summary of Sold Out

Chase Coleman (Trades, Portfolio) completely exited 3 of the holdings in the fourth quarter of 2024, as detailed below:

• ZoomInfo Technologies Inc (ZI, Financial): Chase Coleman (Trades, Portfolio) sold all 9,359,311 shares, resulting in a -0.41% impact on the portfolio.
• Toast Inc (TOST, Financial): Chase Coleman (Trades, Portfolio) liquidated all 78,521 shares, causing a -0.01% impact on the portfolio.

Key Position Reduces

Chase Coleman (Trades, Portfolio) also reduced positions in 3 stocks. The most significant changes include:

• Reduced UnitedHealth Group Inc (UNH, Financial) by 1,926,600 shares, resulting in a -81.45% decrease in shares and a -4.81% impact on the portfolio. The stock traded at an average price of $567.94 during the quarter and has returned -11.18% over the past 3 months and 3.75% year-to-date.
• Reduced Nu Holdings Ltd (NU, Financial) by 9,554,254 shares, resulting in a -51.83% reduction in shares and a -0.55% impact on the portfolio. The stock traded at an average price of $13.30 during the quarter and has returned -9.12% over the past 3 months and 33.25% year-to-date.

Portfolio Overview

At the fourth quarter of 2024, Chase Coleman (Trades, Portfolio)'s portfolio included 49 stocks, with top holdings including 16.52% in Meta Platforms Inc (META, Financial), 8.51% in Microsoft Corp (MSFT, Financial), 7.66% in Apollo Global Management Inc (APO, Financial), 7.38% in Alphabet Inc (GOOGL, Financial), and 6.43% in Sea Ltd (SE, Financial).

The holdings are mainly concentrated in 9 of all the 11 industries: Communication Services, Technology, Consumer Cyclical, Financial Services, Healthcare, Basic Materials, Real Estate, Utilities, and Industrials.

This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein.