Dear Valued Visitor,

We have noticed that you are using an ad blocker software.

Although advertisements on the web pages may degrade your experience, our business certainly depends on them and we can only keep providing you high-quality research based articles as long as we can display ads on our pages.

To view this article, you can disable your ad blocker and refresh this page or simply login.

We only allow registered users to use ad blockers. You can sign up for free by clicking here or you can login if you are already a member.

Whiz Kid Chase Coleman Is Insanely Bullish About These Stocks

This is the perfect investment environment for Chase Coleman. LinkenIn doubled yesterday, which is extremely good news for Chase Coleman’s investors. Tiger Global’s Chase Coleman is one of the most successful tiger cubs. Coleman worked for Julian Robertson between 1997 and 2000, and then launched Tiger Global in 2001 with funds from Robertson. Coleman has $4.4 Billion under management and achieved an average 21% return per year since 2001.It’s not very fair to compare Chase Coleman’s returns to the S&P 500 index though. Coleman invests significant amounts in illiquid technology stocks and start-up companies. Fortunately for his investors, Coleman has a Midas touch, whichever stock his purchases turns into gold. Coleman is one of the early investors in Facebook, and his share of the company gained more than $1 Billion during the past couple of years.


During the first quarter of 2011, Coleman made a $200 Million bet on Netflix (NFLX). Last year Whitney Tilson lost a bundle on his NFLX shorts and closed his position in February. John Griffin’s Blue Ridge had a $239 Million position in NFLX at the end of March. Philippe Laffont’s Coatue, John Thaler’s JAT Capital, Curtis Macnguyen’s Ivory Capital, and John Hurley’s Cavalry Asset Management are other investors who had large positions in NFLX at the end of December. David Costen Haley’s HBK Investments and Mark Kingdon’s Kingdon Capital had large put options on Netflix with no offsetting long positions. Netflix is clearly a battleground stock where hedge funds have diverging opinions.

Coleman also made new disclosures on RenaissanceRe Holdings (RNR), Youku (YOKU), and Bitauto (BITA). Coleman probably became the largest holder of RNR among the 300+ funds we are following. Robert Pitts’ Steadfast Capital had $73 Million in RNR at the end of 2010. Richard Schimel’s Diamondback Capital and Manish Chopra’s Tiger Veda are also among the largest holders.

The table below summarizes Coleman’s portfolio activity during the first quarter of 2011:

DOWNLOAD FREE REPORT: Warren Buffett's Best Stock Picks

Let Warren Buffett, George Soros, Steve Cohen, and Daniel Loeb WORK FOR YOU.

If you want to beat the low cost index funds by 19 percentage points per year, look no further than our monthly newsletter.In this free report you can find an in-depth analysis of the performance of Warren Buffett's entire historical stock picks. We uncovered Warren Buffett's Best Stock Picks and a way to for Buffett to improve his returns by more than 4 percentage points per year.

Bonus Biotech Stock Pick: You can also find a detailed bonus biotech stock pick that we expect to return more than 50% within 12 months.
Subscribe me to Insider Monkey's Free Daily Newsletter
This is a FREE report from Insider Monkey. Credit Card is NOT required.