Tiger Global

Q1 2020 13F · by Chase Coleman, CIO

As of: Mar 31, 2020
Filed: May 15, 2020
US stock: $16.6B · prev $18.1B
Positions: 74 · prev 73
Options notional: $0
Documents: 1· no amendments

Picture100.0% US stock

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

US stock listed on a US exchange 100.0%
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 0.0%

Moves30 since the prior filing

+6.8 pp in · −8.6 pp out

New 3 +1.88 pp
Added 11 +4.91 pp
Trimmed 14 −8.25 pp
Exited 2 −0.32 pp

The book

Concentrated · behaves like 18 equal-sized positions

Very concentrated
Concentrated
Focused
Diversified

Moderate turnover · 28% a year, about 3.6 years per position

Low
Moderate
High

Top 5 positions45% of US stock

JD JD.com, Inc. trimmed+2.08 pp trimmed+2.0812.3%
MSFT Microsoft Corp trimmed+0.78 pp trimmed+0.7810.3%
META Meta Platforms, Inc. Class A added−0.63 pp added−0.638.8%
APON Apollo Asset Management Inc trimmed−3.08 pp trimmed−3.086.8%
AMZN Amazon.Com Inc trimmed+0.24 pp trimmed+0.246.5%

Positions74 in this filing · 2 exited


JDJD.com, Inc.	12.35%	50,650,366	$2.1B	trimmed−4%	+2.08 pp	22 q
MSFTMicrosoft Corp	10.25%	10,793,784	$1.7B	trimmed−1%	+0.78 pp	14 q
METAMeta Platforms, Inc. Class A	8.79%	8,750,500	$1.5B	added+5%	−0.63 pp	14 q
APONApollo Asset Management Inc	6.84%	33,913,500	$1.1B	trimmed−10%	−3.08 pp	3 q
AMZNAmazon.Com Inc	6.48%	552,320	$1.1B	trimmed−10%	+0.24 pp	20 q
BABAAlibaba Group Holding Limited	5.26%	4,491,662	$874M	added+28%	+1.15 pp	15 q
RNGRingcentral, Inc.	4.24%	3,326,370	$705M	added+1%	+1.17 pp	5 q
NFLXNetFlix Inc	3.51%	1,551,000	$582M	held	—	13 q
TDGTransDigm Group Incorporated	3.39%	1,757,245	$563M	trimmed−15%	−2.99 pp	14 q
SESea Limited	2.23%	8,359,235	$370M	held	—	9 q
GDSGDS Holdings Limited	2.00%	5,730,659	$332M	held	—	4 q
SPOTSpotify Technology S.A.	2.00%	2,738,480	$333M	trimmed−21%	−0.87 pp	8 q
CVNACarvana Co.	1.99%	6,012,907	$331M	added+22%	−0.51 pp	5 q
TALTAL Education Group	1.85%	5,762,873	$307M	held	—	14 q
WDAYWorkday, Inc. Class A	1.82%	2,318,000	$302M	added×8.3	+1.57 pp	3 q
RUNSunrun Inc	1.81%	29,773,257	$301M	held	—	9 q
UBERUber Technologies, Inc.	1.68%	9,974,716	$278M	trimmed−54%	−1.87 pp	4 q
MDBMongoDB, Inc. Class A	1.57%	1,911,300	$261M	held	—	5 q
FLTCorpay, Inc.	1.45%	1,295,325	$242M	trimmed−25%	−1.29 pp	28 q
unresolvedNew Oriental Ed & Tech Grp I	1.40%	2,141,500	$232M	added+49%	+0.44 pp	14 q
ESTCElastic N.V.	1.35%	4,019,843	$224M	held	—	6 q
PYPLPayPal Holdings, Inc.	1.34%	2,320,000	$222M	trimmed−5%	−0.12 pp	2 q
PDDPDD Holdings Inc.	1.29%	5,935,004	$214M	held	—	7 q
unresolvedAtlassian Corp Plc	1.25%	1,510,000	$207M	held	—	18 q
PLANAnaplan, Inc.	1.24%	6,800,903	$206M	added×3.1	+0.61 pp	3 q
ATHAthene Holding Ltd-class A	1.12%	7,464,626	$185M	new	+1.12 pp	new
ZMZoom Communications, Inc. Class A	1.08%	1,226,600	$179M	held	—	4 q
MAMastercard Incorporated	1.06%	728,500	$176M	added+16%	+0.03 pp	28 q
SMARSmartsheet Inc.	1.04%	4,145,400	$172M	trimmed−12%	−0.13 pp	5 q
TWLOTwilio Inc.	1.03%	1,906,000	$171M	held	—	5 q
CRMSalesforce, Inc.	0.98%	1,132,104	$163M	added+53%	+0.32 pp	10 q
NOWServicenow, Inc.	0.96%	557,700	$160M	held	—	11 q
DDOGDatadog, Inc. Class A	0.80%	3,680,572	$132M	added×8.2	+0.71 pp	3 q
PTONPeloton Interactive, Inc. Class A	0.66%	4,153,304	$110M	new	+0.66 pp	new
EGHT8x8, Inc.	0.41%	4,950,000	$69M	held	—	5 q
NEWRNew Relic, Inc.	0.37%	1,346,000	$62M	held	—	3 q
ADBEAdobe Inc.	0.32%	169,000	$54M	added+13%	+0.05 pp	8 q
DESPDespegar.com Corp	0.32%	9,256,550	$52M	held	—	11 q
ZENZendesk Inc	0.28%	714,000	$46M	trimmed−39%	−0.22 pp	7 q
GOOGLAlphabet Inc. Class A	0.21%	30,500	$35M	trimmed−71%	−0.58 pp	2 q
SVMKSVMK Inc.	0.19%	2,298,995	$31M	held	—	7 q
CHWYChewy, Inc.	0.18%	800,000	$30M	held	—	4 q
SHOPShopify Inc. Class A subordinate voting shares	0.18%	70,000	$29M	held	—	20 q
DOCUDocuSign, Inc.	0.17%	300,000	$28M	held	—	8 q
TMETencent Music Entertainment Group	0.16%	2,700,000	$27M	held	—	6 q
VVISA Inc.	0.16%	163,000	$26M	held	—	15 q
IQiQIYI, Inc.	0.11%	1,000,000	$18M	held	—	9 q
DNKPhoenix Tree Holdings Ltd	0.10%	1,850,000	$16M	new	+0.10 pp	new
STNEStoneCo Ltd. Class A	0.10%	768,803	$17M	trimmed−0%	−0.07 pp	6 q
CRWDCrowdStrike Holdings, Inc. Class A	0.08%	250,000	$14M	held	—	4 q
DTDynatrace, Inc.	0.07%	500,000	$12M	held	—	3 q
unresolvedLinx S A	0.07%	3,350,000	$11M	held	—	4 q
DAYDayforce, Inc.	0.05%	170,000	$9M	held	—	8 q
AVLRAvalara, Inc.	0.04%	100,000	$7M	held	—	8 q
HUYAHUYA Inc.	0.04%	362,000	$6M	held	—	8 q
LVGOLivongo Health, Inc.	0.04%	250,000	$7M	held	—	3 q
CDLXCardlytics, Inc.	0.03%	124,940	$4M	trimmed−73%	−0.13 pp	2 q
BILLBILL Holdings, Inc.	0.02%	80,000	$3M	held	—	2 q
NETCloudflare, Inc. Class A, par value $0.001 per share	0.02%	175,000	$4M	held	—	3 q
unresolvedDouyu Intl Hldgs Ltd	0.02%	400,000	$3M	held	—	3 q
DBXDropbox, Inc. Class A	0.02%	200,000	$4M	held	—	9 q
FTCHQFarfetch Limited A	0.02%	500,000	$4M	held	—	7 q
PDPagerDuty, Inc.	0.02%	150,000	$3M	held	—	4 q
SWISolarWinds Corporation	0.02%	200,000	$3M	held	—	6 q
TENBTenable Holdings, Inc.	0.02%	150,000	$3M	held	—	7 q
XPXP Inc. Class A	0.02%	200,000	$4M	held	—	2 q
BILIBilibili Inc.	0.01%	100,000	$2M	held	—	9 q
HCATHealth Catalyst, Inc	0.01%	50,000	$1M	held	—	3 q
MDLAMedallia Inc	0.01%	50,000	$1M	held	—	3 q
unresolvedOnesmart Intl Ed Group Ltd	0.01%	320,000	$2M	held	—	9 q
FPIFarmland Partners Inc.	0.00%	44,502	$270,000	held	—	13 q
JCPJ.C. Penney Company, Inc.	0.00%	850,000	$306,000	held	—	12 q
RDFNRedfin Corporation	0.00%	45,273	$698,000	held	—	11 q
STGSunlands Technology Group	0.00%	300,000	$411,000	held	—	9 q
WORKSlack Technologies, Inc.	—	−2,006,510	—	exited	−0.25 pp	—
unresolvedBarclays Bk PLC	—	−881,575	—	exited	−0.07 pp	—