"Tracking Chase Coleman’s Tiger Global Portfolio - Q2 2016 Update"
"Chase Coleman’s 13F portfolio decreased from $6.94B to $5.06B this quarter.Tiger Global dropped Netflix Inc. and reduced Apple Inc. while adding to Amazon.com Inc., Charter Communications, and Priceline Group.The largest three positions are Amazon.com Inc., Charter Communications, and Priceline Group and they add up to ~58% of the portfolio.Chase Coleman’s 13F portfolio decreased 27% this quarter from $6.94B to $5.06B as a large position in Netflix was disposed. Recent 13F reports have shown a total of around 20 individual stock positions in the portfolio. The largest five stakes are Amazon.com Inc. (AMZN), Charter Communications (CHTR), Priceline Group (PCLN), JD.com (JD), FleetCor Technologies (FLT) and they add up to ~86% 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 of the major moves this quarter:Amazon.com Inc. (AMZN): AMZN is currently the largest 13F stake at 20.70% of the portfolio. The position was established in Q2 & Q3 2015 at prices between $370 and $540. Last quarter had seen a two-thirds reduction at prices between $482 and $676. This quarter saw a ~40% increase at prices between $586 and $728 and the stock is now at $772.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 ~9% stake purchased in Q4 2015 at prices between $106 and $123. Last quarter saw a ~47% reduction at prices between $93 and $110 and that was followed with another ~76% selling this quarter at prices between $90 and $112. The stock currently trades at $105.Charter Communications (CHTR): CHTR is a top-three 19.21% 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. The stock is now at $269.FleetCor Technologies (FLT): FLT is a top-five 9.22% 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 two quarters have seen selling: ~29% combined reduction at prices between $113 and $156. The stock is now at $164.Netflix Inc. (NFLX): NFLX was the largest position at 26.53% of the portfolio as of last quarter. The entire stake was disposed of this quarter at prices between $85 and $112. The position was established in Q4 2014 at prices in the mid-50s and more than doubled in Q2 2015 at prices between $59 and $94.Note: NFLX has seen a previous roundtrip in the portfolio. A small position purchased in Q1 2013 in the low-20s was disposed of in Q3 2014 in the mid-60s.Priceline Group (PCLN): PCLN is a top-three stake at 18.50% of the portfolio. The current position was purchased in Q4 2015 at prices between $1237 and $1465. Last quarter saw some selling while this quarter saw buying with the net effect of neutralizing the two trades. The stock is now at $1436.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.Below is a spreadsheet that shows the changes to Chase Coleman's Tiger Global Holdings US long portfolio holdings as of Q2 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 ."