Billionaire Chase Coleman’s Top Long-Term Picks

#4 Restoration Hardware Holdings Inc (NYSE:RH)

– Shares Owned by Tiger Global Management LLC (as of December 31): 3.19 million

– Value of Holding (as of December 31): $253.72 million

Tiger Global Management LLC first initiated a stake in Restoration Hardware Holdings Inc (NYSE:RH) during the fourth quarter of 2013 and in the next two quarters increased it to 3.19 million shares, which it kept holding going into 2016. At the end of December, it was the largest shareholder of the company, among funds tracked by us, followed by billionaire Ken Griffin‘s Citadel Investment Group, which owned 1.46 million shares. Shares of Restoration Hardware Holdings Inc (NYSE:RH) have declined by over 60% in the past five months and are currently trading down over 50% year-to-date. A large part of the losses that its shares have seen this year came after the company reported dismal preliminary fourth-quarter results on February 24. Analysts also failed to buy the excuses that the company’s management gave for such a severe shortfall in the quarterly numbers. Restoration Hardware Holdings is expected to report its  actual fourth quarter numbers this Tuesday and the consensus among analysts includes EPS of $0.17 on revenue of $461.55 million. For the same quarter of the previous year, the company reported EPS of $1.02 on revenue of $582.70 million.

#3 TransDigm Group Incorporated (NYSE:TDG)

– Shares Owned by Tiger Global Management LLC (as of December 31): 1.22 million

– Value of Holding (as of December 31): $278.77 million

TransDigm Group Incorporated (NYSE:TDG) has been one of the best performing long-term picks of Tiger Global Management LLC since it initiated a position during the second quarter of 2013. Though Tiger Global Management LLC  didn’t make any changes to its stake in TransDigm Group Incorporated (NYSE:TDG) during the fourth quarter, it did book some profit by selling 53% and 3% of its stake in the company during the second and third quarters of 2015, respectively. Shares of TransDigm Group Incorporated (NYSE:TDG) fell off a cliff this year in February after the company reported its fourth-quarter results. However, they have bounced back since then and now trade down by only 3.6% year-to-date. After the company’s recent disastrous quarterly performance, some analysts who track the stock are skeptical about its prospects going forward. Their concerns also stem from the company’s recent acquisition of Breeze-Eastern Corporation, which they think won’t add as much value as TransDigm Group Incorporated expects. Alexander Captain’s Cat Rock Capital initiated a stake in TransDigm Group Incorporated during the fourth quarter by purchasing 307,360 shares.