Top 5 Stock Picks of Chase Coleman’s Tiger Global Management

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. (NYSE:NU) 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. (NYSE:NU) in Q4 2021, the stock jumped 17%. 

On February 16, Bradesco BBI analyst Gustavo Schroden initiated coverage of Nu Holdings Ltd. (NYSE:NU) with an Underperform rating and a $5 price target. Despite Nu Holdings Ltd. (NYSE:NU)’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. (NYSE:NU) 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. (NYSE:NU), with collective stakes amounting to $4.6 billion. Berkshire Hathaway held a significant position in Nu Holdings Ltd. (NYSE:NU), with over 107 million shares worth more than $1 billion.