Tiger Global

Q3 2016 13F · by Chase Coleman, CIO

As of: Sep 30, 2016
Filed: Nov 14, 2016
US stock: $6.8B · prev $5.1B
Positions: 26 · prev 20
Options notional: $110M
Documents: 1· no amendments

Picture98.4% US stock

Full picture · of what this 13F reports is US stock

US stock listed on a US exchange 98.4%
Foreign stock not listed in the US 0.0%
Notes debt, at principal 0.0%
Puts at notional value 0.0%
Calls at notional value 1.6%

Moves21 since the prior filing

+21.4 pp in · −20.9 pp out

New 8 +17.13 pp
Added 3 +4.27 pp
Trimmed 7 −19.94 pp
Exited 2 −0.95 pp

Options: 1 move on a notional base, in the table below.

The book

Very concentrated · behaves like 8 equal-sized positions

Very concentrated
Concentrated
Focused
Diversified

Moderate turnover · 50% a year, about 2.0 years per position

Low
Moderate
High

Top 5 positions71% of US stock

unresolved Priceline Grp Inc added+1.33 pp added+1.3319.8%
AMZN Amazon.Com Inc trimmed−4.24 pp trimmed−4.2416.5%
CHTR Charter Comm Inc Del CL A New trimmed−6.09 pp trimmed−6.0913.1%
JD JD.com, Inc. trimmed−5.68 pp trimmed−5.6812.8%
BABA Alibaba Group Holding Limited new+8.32 pp new+8.328.3%

Positions26 in this filing · 2 exited


unresolvedPriceline Grp Inc	19.83%	920,669	$1.4B	added+23%	+1.33 pp	4 q
AMZNAmazon.Com Inc	16.46%	1,342,548	$1.1B	trimmed−8%	−4.24 pp	6 q
CHTRCharter Comm Inc Del CL A New	13.12%	3,318,793	$896M	trimmed−22%	−6.09 pp	2 q
JDJD.com, Inc.	12.78%	33,463,775	$873M	trimmed−24%	−5.68 pp	8 q
BABAAlibaba Group Holding Limited	8.32%	5,373,553	$568M	new	+8.32 pp	new
FLTCorpay, Inc.	6.12%	2,405,049	$418M	trimmed−26%	−3.10 pp	14 q
AAPLApple Inc.	5.97%	3,605,810	$408M	added×2.6	+3.36 pp	4 q
GOOGAlphabet Inc. Class C	3.23%	283,877	$221M	new	+3.23 pp	new
MAMastercard Incorporated	2.84%	1,904,444	$194M	added+2%	−0.42 pp	14 q
CMCSAComcast Corp	2.56%	2,635,039	$175M	new	+2.56 pp	new
ETSYEtsy, Inc.	2.16%	10,315,737	$147M	trimmed−7%	+0.06 pp	6 q
VIPSVipshop Holdings Limited	1.57%	7,300,568	$107M	new	+1.57 pp	new
QSRRestaurant Brands International Inc.	1.40%	2,147,815	$96M	trimmed−14%	−0.65 pp	4 q
unresolvedEhi Car Svcs Ltd	1.25%	8,334,863	$85M	held	—	6 q
VVISA Inc.	0.73%	599,800	$50M	new	+0.73 pp	new
AWIArmstrong World Industries, Inc.	0.53%	869,159	$36M	new	+0.53 pp	new
ONDKOn Deck Capital, Inc.	0.32%	3,829,872	$22M	trimmed−30%	−0.24 pp	8 q
unresolvedAtlassian Corp Plc	0.22%	500,000	$15M	held	—	4 q
PEverpure, Inc.	0.20%	1,000,000	$14M	held	—	4 q
WUBA58.COM Inc	0.14%	195,069	$9M	new	+0.14 pp	new
FITFitbit, Inc. Class A	0.11%	500,000	$7M	held	—	6 q
JMEINJumei International-adr	0.05%	533,834	$3M	new	+0.05 pp	new
FEYEFireEye, Inc.	0.04%	200,000	$3M	held	—	12 q
SHOPShopify Inc. Class A subordinate voting shares	0.04%	70,000	$3M	held	—	6 q
LCHappen, Inc.	0.02%	275,000	$2M	held	—	8 q
unresolvedAmerican Farmland Co	0.01%	60,000	$473,000	held	—	4 q
TALTAL Education Group	—	−602,500	—	exited	−0.74 pp	—
XYZBlock, Inc.	—	−1,182,237	—	exited	−0.21 pp	—