Top 10 Stock Picks of Chase Coleman’s Tiger Global Management

Published February 21, 2022 at 10:41 am EST Updated August 19, 2026 at 12:32 pm EDT

In this article, we discuss the top 10 stock picks of Chase Coleman’s Tiger Global Management.

Chase Coleman founded Tiger Global Management in 2001, and currently serves as its chief executive officer and hedge fund manager. Coleman is a well known Tiger Cub, since he worked for Julian Robertson’s Tiger Management for almost four years as an investment analyst, before venturing out on his own and launching a hedge fund.

Tiger Global Management has a 13F portfolio valued at approximately $46 billion, as per the regulatory filings from the fourth quarter of 2021. Chase Coleman’s investments are focused mainly around the technology sector, and the billionaire’s portfolio also contains stocks from the consumer discretionary, finance, and communications sectors, with a top ten holdings concentration of 47.44%.

In Q4 2021, Tiger Global Management acquired 16 new stocks, made additional purchases in 29 securities, sold out of 8 companies, and reduced stakes in 21 holdings. The hedge fund’s top buys for the fourth quarter were XPeng Inc. (NYSE:XPEV), Datadog, Inc. (NASDAQ:DDOG), and JD.com, Inc. (NASDAQ:JD). Chase Coleman’s fund reduced holdings in Roblox Corporation (NYSE:RBLX), DocuSign, Inc. (NASDAQ:DOCU), and Warby Parker Inc. (NYSE:WRBY).

The most notable stocks in the Q4 portfolio of Chase Coleman’s Tiger Global Management included Mastercard Incorporated (NYSE:MA), Uber Technologies, Inc. (NYSE:UBER), and Netflix, Inc. (NASDAQ:NFLX).

Our Methodology

We used the 13F portfolio of Chase Coleman’s Tiger Global Management for the fourth quarter of 2021 for this analysis, selecting the top 10 stock picks of the hedge fund. The securities are ranked according to Tiger Global Management’s stake value in each holding.

Data from 924 elite funds monitored by the database of insider monkey in Q4 2021 was used to gauge the hedge fund sentiment around each stock.

Top 10 Stock Picks of Chase Coleman's Tiger Global Management

Chase Coleman of Tiger Global

Top Stock Picks of Chase Coleman’s Tiger Global Management

10. ServiceNow, Inc. (NYSE:NOW)

Tiger Global Management’s Stake Value: $1,432,092,000

Percentage of Tiger Global Management’s 13F Portfolio: 3.11%

Number of Hedge Fund Holders: 90

ServiceNow, Inc. (NYSE:NOW) is a California-based software company that markets a cloud computing platform that manages digital workflows for enterprise-level businesses, in addition to offering IT service management.

Tiger Global Management first opened a position in ServiceNow, Inc. back in Q3 2017, and the hedge fund has gradually increased its stake to 2.20 million shares as of Q4 2021, worth $1.4 billion, representing 3.11% of the total 13F portfolio.

Hedge fund sentiment strengthened around ServiceNow, Inc. in the fourth quarter of 2021, as 90 funds reported owning bullish positions in the company, up from 87 funds in the preceding quarter. Lone Pine Capital held a large stake in ServiceNow, Inc., with more than 2 million shares worth $1.30 billion.

In its Q4 earnings report, published on January 26, ServiceNow, Inc. posted an EPS of $1.46, beating estimates by $0.03. Revenue for the quarter grew 29.09% year-on-year to $1.61 billion, surpassing estimates by $9.66 million. The shares surged 11% after Q4 results went live.

Oppenheimer analyst Ray McDonough on January 27 lowered the price target on ServiceNow, Inc. to $660 from $775 and kept an Outperform rating on the shares. The analyst noted that ServiceNow, Inc. reported “very solid” results in Q4 and set the 2022 top-line and margin targets above Street expectations despite headwinds.

Here is what ClearBridge Select Strategy has to say about ServiceNow, Inc. in its Q3 2021 investor letter:

“Offsetting the consumer slowdown, the Strategy benefited from resilience among its disruptive IT and communications holdings serving the enterprise market. ServiceNow is also a strong performer in helping businesses streamline their workflows and enhance customer relationships and marketing.”

9. CrowdStrike Holdings, Inc. (NASDAQ:CRWD)

Tiger Global Management’s Stake Value: $1,543,201,000

Percentage of Tiger Global Management’s 13F Portfolio: 3.35%

Number of Hedge Fund Holders: 74

CrowdStrike Holdings, Inc. (NASDAQ:CRWD) is a Texas-based cybersecurity company that offers services including information security, endpoint security, security and IT operations, and security cloud. Chase Coleman held 7.5 million shares of CrowdStrike Holdings, Inc., worth $1.5 billion, representing 3.35% of the total 13F securities in his portfolio.

On February 15, Mizuho analyst Gregg Moskowitz lowered the price target on CrowdStrike Holdings, Inc. to $270 from $310 and kept a Buy rating on the shares. Despite strong demand, the analyst reduced price targets on “high-growth software vendors” to reflect the rising rate environment that has occurred over the past couple of months.

Among the hedge funds tracked by Insider Monkey in Q4 2021, Whale Rock Capital Management held a prominent position in CrowdStrike Holdings, Inc., with more than 3 million shares worth approximately $626 million. Overall, 74 hedge funds were bullish on CrowdStrike Holdings, Inc. in the fourth quarter.

In addition to Mastercard Incorporated, Uber Technologies, Inc., and Netflix, Inc., CrowdStrike Holdings, Inc. is a notable stock in the Q4 portfolio of Chase Coleman.

Here is what Carillon Tower Advisers has to say about CrowdStrike Holdings, Inc. in its Q4 2021 investor letter:

“CrowdStrike, a security software platform with leadership in protecting endpoints such as servers, computers, and other IT assets, delivered strong earnings results with exceptional recurring revenue and new customer growth. The firm’s shares were pressured in the quarter as valuation multiple compression punished high-growth stocks in a meaningful way. However, we don’t believe this to be company-specific and expect the firm to continue to execute well and exhibit positive fundamentals.”

8. Carvana Co. (NYSE:CVNA)

Tiger Global Management’s Stake Value: $1,683,469,000

Percentage of Tiger Global Management’s 13F Portfolio: 3.66%

Number of Hedge Fund Holders: 56

Carvana Co. (NYSE:CVNA) is a leading Arizona-based online used car retailer that has featured on Tiger Global Management’s portfolio since Q1 2019. The hedge fund increased its stake in Carvana Co. by 19% in Q4 2021, holding 7.2 million shares worth $1.6 billion, representing 3.66% of the 13F securities.

On February 8, Truist analyst Naved Khan lowered the price target on Carvana Co. to $300 from $390 but kept a Buy rating on the shares ahead of its Q4 results. The quarter should see stronger than expected average selling prices, but largely in-line retail unit volume, the analyst told investors in a research note.

In Q4 2021, 56 hedge funds reported owning stakes in Carvana Co., collectively amounting to $7.2 billion. Daniel Sundheim’s D1 Capital Partners held the biggest position in Carvana Co., with 4.2 million shares worth $976 million.

Here is what ClearBridge SMID Cap Growth Strategy has to say about Carvana Co. in its Q3 2021 investor letter:

“On the sell side, we closed out of Carvana in the consumer discretionary sector as it surpassed the upper bound of our market capitalization range. Carvana, which operates the largest online used car platform, is an example of the innovative business models we seek out in companies.”

7. Meta Platforms, Inc. (NASDAQ:FB)

Tiger Global Management’s Stake Value: $1,699,623,000

Percentage of Tiger Global Management’s 13F Portfolio: 3.69%

Number of Hedge Fund Holders: 224

Meta Platforms, Inc. (NASDAQ:FB) is the parent company of Facebook, Instagram, and WhatsApp, and is one of the pioneers of the metaverse. Chase Coleman, via Tiger Global Management, owned over 5 million shares of Meta Platforms, Inc., worth $1.69 billion, representing 3.69% of the fund’s Q4 securities.

On February 2, Meta Platforms, Inc. reported its Q4 results, posting an EPS of $3.67, missing estimates by $0.15. The company’s revenue jumped roughly 20% year-over-year to $33.67 billion, surpassing estimates by $230.60 million.

Tigress Financial analyst Ivan Feinseth reiterated a Strong Buy rating and $466 price target on Meta Platforms, Inc. on February 9, telling investors in a bullish thesis that near-term headwinds create a significant long-term buying opportunity. The analyst believes further upside in the shares exists.

Elite hedge funds pulled out of Meta Platforms, Inc. between October and December 2021. According to the Q4 database of Insider Monkey, 224 hedge funds held long positions in Meta Platforms, Inc., down from 248 funds a quarter earlier.

In Q4 2021, Fisher Asset Management elevated its Meta Platforms, Inc. stake by 27%, holding 9.5 million shares of the company, worth $3.2 billion. Ken Fisher’s fund is a prominent Meta Platforms, Inc. shareholder.

Here is what Canterbury Tollgate has to say about Meta Platforms, Inc. in its Q3 2021 investor letter:

“To say traditional media is anti-Facebook would not be an overstatement. An already intense and multi-year critique of (or attack on) Facebook has ratcheted up in recent weeks. Facebook’s research efforts have been reported on, if often derided, for nearly a decade. Going back to 2014, Slate.com called their research practices “unethical” when FB tried to study the impact social posts had on users. Now those efforts have been turned against them for the kill shot.

My job is to observe, assess, and allocate. Not to commentate on all the whims and wishes of media narrative. However, in the case of Facebook I cannot avoid going into some detail re: the onslaught against them, which I find to be most unwarranted and insincere.

Last month the Wall Street Journal ran a five-piece series titled “The Facebook Files” which allegedly shows how toxic Instagram is for teens. The foundation of their argument was a single slide from an internal presentation claiming, based on FB’s own research, that of teens who had a negative self-image, one-third said Instagram “made them feel worse.”iii Somehow the implication here is that this is not an inescapable aspect of either the human psyche and/or society-at large, but that it is of Facebook’s doing…” (Click here to see the full text)

6. DoorDash, Inc. (NYSE:DASH)

Tiger Global Management’s Stake Value: $1,733,737,000

Percentage of Tiger Global Management’s 13F Portfolio: 3.77%

Number of Hedge Fund Holders: 52

DoorDash, Inc. (NYSE:DASH) is a California-based online food ordering and delivery company. Tiger Global Management acquired a position in DoorDash, Inc. in Q4 2020, and the fund has gradually increased its stake in the company over the years. In Q4 2021, Chase Coleman’s hedge fund held 11.6 million shares of DoorDash, Inc., worth $1.73 billion, representing 3.77% of the total 13F securities.

On February 16, DoorDash, Inc. reported its Q4 results, posting a loss per share of $0.01, missing estimates by $0.08. The company’s $1.30 billion revenue was up 34.02% year-on-year, outperforming estimates by $16.28 million.

DA Davidson analyst Tom White on February 18 lowered the price target on DoorDash, Inc. to $135 from $210 and kept a Neutral rating on the shares. The company’s Q4 results outperformed on gross order volume but fell short on EBITDA, the analyst told investors in a research note.

In Q4 2021, 52 hedge funds in the database of 924 elite funds monitored by Insider Monkey reported owning stakes in DoorDash, Inc., up from 42 funds in the quarter earlier. Christopher Lyle’s SCGE Management held a prominent stake in DoorDash, Inc., with 4.2 million shares worth approximately $638 million.

Hedge funds are pouring into DoorDash, Inc., just like Mastercard Incorporated, Uber Technologies, Inc., and Netflix, Inc..

5. Snowflake Inc. (NYSE:SNOW)

Tiger Global Management’s Stake Value: $2,039,502,000

Percentage of Tiger Global Management’s 13F Portfolio: 4.43%

Number of Hedge Fund Holders: 84

Snowflake Inc. (NYSE:SNOW) is based in Montana, operating as a cloud-based data warehousing company. Tiger Global Management elevated its position in Snowflake Inc. by 17% in Q4 2021, holding more than 6 million shares worth over $2 billion. The stock accounts for 4.43% of the fund’s total 13F portfolio.

On February 15, Mizuho analyst Gregg Moskowitz lowered the price target on Snowflake Inc. to $410 from $450 and kept a Buy rating on the shares. The analyst’s checks indicate that overall software demand has remained strong, with digital transformation and security projects “leading the way.” The reduced price target reflects the rising rate environment that has occurred over the past couple of months.

In the fourth quarter of 2021, 84 hedge funds held long positions in Snowflake Inc., up from 73 funds in the preceding quarter. Brad Gerstner’s Altimeter Capital Management, the biggest Snowflake Inc. stakeholder, owned more than 17 million shares of the company, worth $5.75 billion.

Here is what RiverPark Large Growth Fund has to say about Snowflake Inc. in its Q3 2021 investor letter:

“Following torrid second quarter results, Snowflake, a position we initiated in March, was also a top contributor for 3Q. The company reported 103% year-over-year product revenue growth, 169% net revenue retention and a 74% non-GAAP gross margin, up 700 basis points year over year. Management also raised guidance to 92% product revenue growth for the full year.

Snowflake offers cloud-based data storage and analytics, generally termed “data warehouse-as-a service.” The data warehousing market—created by the massive, growing amount of user, customer and account data and the need to search and analyze it—has historically stored its data on physical servers located on-premises. Incremental warehouse data capacity and renewals are expected to be stored off-premises on cloud servers, with more than 75% of databases projected to move to the cloud by 2022, resulting in a nearly $100 billion market.

Snowflake provides complex data management and analytical tools for its customers, eliminates the need for users to manage infrastructure, is fully scalable for each customer, and can be run on any of the Amazon, Microsoft, or Google cloud platforms. The company also has a unique, customer-aligned billing model based on usage. With the company’s capital expenditure-light model—Snowflake uses the public cloud for hosting—we expect FCF to grow much faster than revenue growth, which we forecast to grow comfortably more than 50% per year for the next several years. Additionally, we have great confidence in the SNOW management team, which previously had an enormously successful run guiding one of our other core Cloud software holdings, ServiceNow.”

4. Nu Holdings Ltd. (NYSE:NU)

Tiger Global Management’s Stake Value: $2,494,908,000

Percentage of Tiger Global Management’s 13F Portfolio: 5.43%

Number of Hedge Fund Holders: 28

Nu Holdings Ltd. (NYSE:NU) is an early stage technology company, providing a digital banking platform. Nu Holdings Ltd. is a new arrival in Tiger Global Management’s fourth quarter portfolio, with the hedge fund buying almost 266 million shares of the company, valued at $2.4 billion. After Berkshire Hathaway and Tiger Global Management opened positions in Nu Holdings Ltd. in Q4 2021, the stock jumped 17%.

On February 16, Bradesco BBI analyst Gustavo Schroden initiated coverage of Nu Holdings Ltd. with an Underperform rating and a $5 price target. Despite Nu Holdings Ltd.’s “merits, its current valuation leaves no room for error,” the analyst told investors in a research note. He also added that Nu Holdings Ltd. will face short-term headwinds from Brazil’s “weak” economic conditions and challenges to monetize its sizable client base in the long-term.

In Q4 2021, 28 hedge funds were bullish on Nu Holdings Ltd., with collective stakes amounting to $4.6 billion. Berkshire Hathaway held a significant position in Nu Holdings Ltd., with over 107 million shares worth more than $1 billion.

3. Sea Limited (NYSE:SE)

Tiger Global Management’s Stake Value: $2,548,088,000

Percentage of Tiger Global Management’s 13F Portfolio: 5.54%

Number of Hedge Fund Holders: 108

Sea Limited (NYSE:SE) is a technology firm operating as a digital entertainment, e-commerce, and financial services provider. Increasing its stake in Sea Limited by 10% in Q4 2021, Tiger Global Management held 11.3 million shares of the company, worth $2.5 billion.

Barclays analyst Jiong Shao lowered the price target on Sea Limited on February 7 to $218 from $427 and kept an Overweight rating on the shares. The analyst believes Sea Limited’s 2022 outlook may need to be reset, given how the post-COVID economic reopening is having a negative impact on the company’s gaming and e-commerce business as consumers spend less time online.

According to Insider Monkey’s Q4 database, ARK Investment Management held 654,834 shares of Sea Limited, worth $146.4 million. The Sea Limited stock rebounded 15% as Cathie Wood purchased shares. Overall, 108 hedge funds were bullish on Sea Limited in the fourth quarter of 2021.

Here is what ClearBridge Large Cap Growth Strategy has to say about Sea Limited in its Q3 2021 investor letter:

“Over the last year, we have sought to improve the up capture of the portfolio by expanding exposure to the select bucket of companies growing revenues and earnings at meaningfully above-average rates and targeting large total addressable markets. Newer names in the select bucket like Sea Limited have been strong contributors to relative performance over this period. We believe that owning a broader group of IT and Internet companies with different drivers to the businesses helps manage some of the risk in this relatively more expensive subsector.”

2. Microsoft Corporation (NASDAQ:MSFT)

Tiger Global Management’s Stake Value: $2,852,745,000

Percentage of Tiger Global Management’s 13F Portfolio: 6.21%

Number of Hedge Fund Holders: 262

Microsoft Corporation (NASDAQ:MSFT) has consistently featured on Tiger Global Management’s 13F portfolio since Q4 2016. In the fourth quarter of 2021, the hedge fund held 8.4 million shares of the company, worth $2.85 billion, representing 6.21% of the total 13F securities. Microsoft Corporation is one of the largest American multinational technology companies.

On January 25, Microsoft Corporation reported its earnings for the quarter ending December 2021. The company posted an EPS of $2.48, topping estimates by $0.16. Revenue over the period jumped 20.09% year-on-year to $51.73 billion, outperforming estimates by $938.45 million.

Morgan Stanley analyst Keith Weiss has extended his Microsoft Corporation forecast to five years to highlight what he sees as a “durable EPS growth story”. He maintained an Overweight rating and a $372 price target on Microsoft Corporation shares on February 8.

Elite hedge funds are increasingly bullish on Microsoft Corporation. In Q4 2021, 262 hedge funds held long positions in Microsoft Corporation, up from 250 funds in the quarter earlier. Fisher Asset Management owned a significant position in the company, with 26.8 million shares worth more than $9 billion.

Here is what Alger Spectra Fund has to say about Microsoft Corporation in its Q4 2021 investor letter:

“Class A shares of the Alger Spectra Fund underperformed the Russell 3000 Growth Index during the fourth quarter of 2021. Microsoft Corp. was among the top contributors to performance. Microsoft is a Positive Dynamic Change beneficiary of corporate America’s transformative digitization. Microsoft’s CEO believes technology spending as a percent of GDP is likely to jump from about 5% today to 10% in a few years and that Microsoft will continue to take market share Microsoft’s enterprise cloud product, Azure, is rapidly growing and accruing market share. Microsoft Corporation reported that Azure grew 50% in the past quarter. This high unit volume growth is a primary driver of the company’s higher share price, but strong operating execution has enabled margin expansion that has also helped to increase forward earnings estimates. We believe Microsoft’s subscription-based software offerings and cloud computing services have a durable growth profile because they enhance customers’ growth initiatives and help them to diminish costs. Additionally, investors appreciate Microsoft’s strong free cash flow generation and its return of cash to shareholders in the form of dividends and share repurchases.”

1. JD.com, Inc. (NASDAQ:JD)

Tiger Global Management’s Stake Value: $3,764,803,000

Percentage of Tiger Global Management’s 13F Portfolio: 8.19%

Number of Hedge Fund Holders: 67

JD.com, Inc. is a Chinese e-commerce company that is the largest holding in Chase Coleman’s Q4 portfolio. JD.com, Inc. has featured on Tiger Global Management’s 13F portfolio since Q4 2014, and in the fourth quarter of 2021, the hedge fund owned 53.7 million shares of the company, worth $3.76 billion. The stock accounts for 8.19% of the fund’s total securities.

Stifel analyst Scott Devitt lowered the price target on JD.com, Inc. on January 26 to $95 from $110 and kept a Buy rating on the shares. He has lowered his calendar Q4 total revenue growth forecast to 21.6% from 26.2% year-over-year previously and said he does not expect significant growth acceleration in the first quarter of 2022 as macroeconomic uncertainty remains.

In Q4 2021, 67 hedge funds were bullish on JD.com, Inc., with combined stakes amounting to $8.75 billion. Daniel Sundheim’s D1 Capital Partners owned a prominent stake in JD.com, Inc., with 12.6 million shares worth $888.6 million.

Here is what Argosy Investors has to say about JD.com, Inc. in its Q3 2021 investor letter:

“We sold JD as a result of the furor over Chinese stocks during the quarter. We had been concerned about China’s lack of respect for investor rights for some time, and Beijing has become significantly more aggressive in asserting itself of late. In addition, the legal structure Chinese companies use to come public in the U.S., a Cayman Islands shell corporation leaves American investors with an unsure path to recovering value should these companies cease to trade on U.S. exchanges. Because of the uncertainty, we exited our position in JD completely. We still love JD’s long-term prospects, but we cannot estimate the legal/regulatory risk associated with these companies anymore. More broadly, we are freeing up cash for some other positions we already own which have declined in this market, and after additional review, remain attractive.”

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