Chase Coleman's Top 10 Positions Returned 28% So Far This Year
By Insider Monkey:
By Guan Wang
According to Bloomberg Markets, tiger cub Chase Coleman was the best-performing hedge fund manager last year. In 2011, a year when most other hedge funds suffered losses due to the European crisis, his Tiger Global fund returned 45%. Coleman's spectacular performance last year was thanks mainly to his bets on technology companies such as Facebook (FB), LinkedIn (LNKD), and Zynga (ZNGA), as well as his investments in start-up companies in emerging markets, such as India and Brazil. So far, Coleman's strong performance is continuing this year. To date, the 10 largest positions in his portfolio returned a weighted-average of 28%, versus 9.64% for S&P 500 index during the same period.
Table 1: Top 10 positions in Coleman's 13F portfolio as of December 31, 2011
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