"Tracking Chase Coleman’s Tiger Global Portfolio - Q4 2016 Update"
"Chase Coleman’s 13F portfolio increased from $6.94B to $8.03B this quarter.Tiger Global added Fiat Chrysler while increasing Priceline Group & JD.com and dropping Apple.The largest three positions are Priceline Group, JD.com, and Amazon.com Inc. and they add up to ~51% of the portfolio.Chase Coleman’s 13F portfolio increased ~16% this quarter from $6.94B to $8.03B this quarter. Recent 13F reports have shown a total of around 20 individual stock positions in the portfolio. The largest five stakes are Priceline Group (PCLN), JD.com (JD), Amazon.com Inc. (AMZN), Charter Communications (CHTR), and Fiat Chrysler (FCAU) and they add up to two-thirds of the entire 13F portfolio.Chase Coleman is a "tiger cub" best known for a stunning 44% annualized return during the 2001-2008 period. To know more about Julian Robertson and his legendary Tiger Management, check out .Below is a summary:Fiat Chrysler (FCAU): FCAU is a large (top five) ~6% of the portfolio position purchased this quarter at prices between $6 and $9 and the stock is now well above that range at $10.91.Alibaba Group Holdings (BABA): BABA is a large ~6% portfolio stake established last quarter at prices between $78.50 and $109 and the stock is now at $103. For investors attempting to follow Tiger Global, BABA is a good option to consider for further research. There was a marginal trimming this quarterAmazon.com Inc. (AMZN): AMZN is currently the third-largest 13F stake at ~13% of the portfolio. The position was established in Q2 & Q3 2015 at prices between $370 and $540. Q1 2016 had seen a two-thirds reduction at prices between $482 and $676. The following quarter saw a ~40% increase at prices between $586 and $728 and the stock is now at $853. There was a very minor increase this quarter.Note: AMZN has seen a previous round-trip in the portfolio. A 1M share stake purchased in 2010 in the low-100s price range was disposed of in Q1 2014 in the high-300s realizing huge gains.Apple Inc. (AAPL): AAPL was a fairly large 5.87% stake last quarter. The original position was purchased in Q4 2015 at prices between $106 and $123. Q1 2016 saw a ~47% reduction at prices between $93 and $110 and that was followed with another ~76% selling the following quarter at prices between $90 and $112. There was an about turn last quarter: ~160% increase at prices between $95 and $116. The disposal this quarter was at prices between $106 and $118. The stock currently trades at $139.Charter Communications (CHTR): CHTR is a top-five ~8% portfolio position. It was first purchased in Q3 2012 at a cost-basis of ~$75 per share. The position has wavered. Recent activity follows: The first three quarters of 2015 saw the position reduced by ~84% at prices between $150 and $195. The pattern reversed in Q4 2015: roughly thirteen-times increase at prices between $175 and $193 in the three quarters thru Q2 2016. There was a ~20% reduction last quarter at prices between $232 and $278 and that was followed with another ~30% selling this quarter at prices between $244 and $292. The stock is now at $324.FleetCor Technologies (FLT): FLT is a fairly large ~6% of the portfolio stake first purchased in Q4 2012 at prices between $45 and $53. Q3 2015 also saw a ~47% increase at prices between $148 and $163. Last three quarters had seen selling: ~48% combined reduction at prices between $113 and $175. There was an about-turn this quarter: ~22% increase at prices between $141 and $175. The stock is now at $160.Priceline Group (PCLN): PCLN is currently the largest position at ~24% of the portfolio. The position was purchased in Q4 2015 at prices between $1237 and $1465. Last quarter saw a one-third increase at prices between $1248 and $1473 and that was followed with another similar increase this quarter at prices between $1424 and $1578. The stock is now at $1754.Note: PCLN has seen a previous roundtrip in the portfolio. A fairly large position first purchased in 2007 in the high double-digits was disposed of in Q3 2015 in the 1200s price range realizing huge gains.Note 1: Regulatory Filings since the quarter ended show Tiger Global owning 3M shares of Domino’s Pizza (DPZ). This is compared to ~600K shares in the 13F.Note 2: Tiger Global has a ~7.6% ownership stake in Etsy (ETSY).Below is a spreadsheet that shows the changes to Chase Coleman's Tiger Global Holdings US long portfolio holdings as of Q4 2016. For a look at how the portfolio has progressed, :To learn more about how to profit from a strategy of following the best hedge fund picks, check out our book ."