Tiger Global

Q4 2016 13F · by Chase Coleman, CIO

As of: Dec 31, 2016
Filed: Feb 14, 2017
US stock: $7.9B · prev $6.8B
Positions: 36 · prev 26
Options notional: $88M
Documents: 1· no amendments

Picture98.9% US stock

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

US stock listed on a US exchange 98.9%
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 1.1%

Moves31 since the prior filing

+18.8 pp in · −18.3 pp out

New 12 +17.16 pp
Added 8 +1.67 pp
Trimmed 8 −12.23 pp
Exited 2 −6.11 pp

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

The book

Very concentrated · behaves like 9 equal-sized positions

Very concentrated
Concentrated
Focused
Diversified

Moderate turnover · 48% a year, about 2.1 years per position

Low
Moderate
High

Top 5 positions65% of US stock

unresolved Priceline Grp Inc added+3.35 pp added+3.3523.2%
JD JD.com, Inc. added+1.89 pp added+1.8914.7%
AMZN Amazon.Com Inc added−3.41 pp added−3.4113.1%
CHTR Charter Comm Inc Del CL A New trimmed−4.69 pp trimmed−4.698.4%
unresolved Fiat Chrysler Automobiles NV s new+6.06 pp new+6.066.1%

Positions36 in this filing · 2 exited


unresolvedPriceline Grp Inc	23.18%	1,255,992	$1.8B	added+36%	+3.35 pp	5 q
JDJD.com, Inc.	14.67%	45,789,821	$1.2B	added+37%	+1.89 pp	9 q
AMZNAmazon.Com Inc	13.05%	1,381,929	$1.0B	added+3%	−3.41 pp	7 q
CHTRCharter Comm Inc Del CL A New	8.43%	2,327,000	$670M	trimmed−30%	−4.69 pp	3 q
unresolvedFiat Chrysler Automobiles NV s	6.06%	52,740,079	$481M	new	+6.06 pp	new
BABAAlibaba Group Holding Limited	5.84%	5,283,823	$464M	trimmed−2%	−2.48 pp	2 q
FLTCorpay, Inc.	5.20%	2,920,953	$413M	added+21%	−0.92 pp	15 q
CMCSAComcast Corp	2.26%	2,600,000	$180M	trimmed−1%	−0.30 pp	2 q
GOOGLAlphabet Inc. Class A	1.86%	186,100	$147M	new	+1.86 pp	new
GOOGAlphabet Inc. Class C	1.85%	190,500	$147M	trimmed−33%	−1.38 pp	2 q
MSFTMicrosoft Corp	1.66%	2,118,000	$132M	new	+1.66 pp	new
QSRRestaurant Brands International Inc.	1.38%	2,302,080	$110M	added+7%	−0.02 pp	5 q
MAMastercard Incorporated	1.37%	1,053,341	$109M	trimmed−45%	−1.47 pp	15 q
TDGTransDigm Group Incorporated	1.34%	428,771	$107M	new	+1.34 pp	new
ETSYEtsy, Inc.	1.30%	8,739,254	$103M	trimmed−15%	−0.86 pp	7 q
DPZDomino's Pizza Inc.	1.23%	612,289	$98M	new	+1.23 pp	new
TALTAL Education Group	1.12%	1,271,601	$89M	new	+1.12 pp	new
VVISA Inc.	1.12%	1,142,000	$89M	added+90%	+0.39 pp	2 q
MELIMercado Libre, Inc	1.07%	545,346	$85M	new	+1.07 pp	new
unresolvedEhi Car Svcs Ltd	0.95%	8,334,863	$76M	held	—	7 q
unresolvedNew Oriental Ed & Tech Grp I	0.83%	1,573,022	$66M	new	+0.83 pp	new
AWIArmstrong World Industries, Inc.	0.81%	1,530,000	$64M	added+76%	+0.28 pp	2 q
SYMCGen Digital Inc.	0.79%	2,630,000	$63M	new	+0.79 pp	new
VIPSVipshop Holdings Limited	0.70%	5,018,401	$55M	trimmed−31%	−0.87 pp	2 q
METAMeta Platforms, Inc. Class A	0.53%	366,800	$42M	new	+0.53 pp	new
NTESNetEase, inc.	0.52%	191,954	$41M	new	+0.52 pp	new
JMEINJumei International-adr	0.16%	2,479,085	$12M	added×4.6	+0.11 pp	2 q
ZTOZTO Express (Cayman) Inc.	0.15%	994,400	$12M	new	+0.15 pp	new
unresolvedAtlassian Corp Plc	0.15%	500,000	$12M	held	—	5 q
ONDKOn Deck Capital, Inc.	0.14%	2,461,015	$11M	trimmed−36%	−0.18 pp	9 q
PEverpure, Inc.	0.14%	1,000,000	$11M	held	—	5 q
FITFitbit, Inc. Class A	0.05%	500,000	$4M	held	—	7 q
SHOPShopify Inc. Class A subordinate voting shares	0.04%	70,000	$3M	held	—	7 q
FEYEFireEye, Inc.	0.03%	200,000	$2M	held	—	13 q
LCHappen, Inc.	0.02%	275,000	$1M	held	—	9 q
unresolvedAmerican Farmland Co	0.01%	60,000	$478,000	held	—	5 q
AAPLApple Inc.	—	−3,605,810	—	exited	−5.97 pp	—
WUBA58.COM Inc	—	−195,069	—	exited	−0.14 pp	—