Tiger Global Management · Chase Coleman
Latest 13F holdings with ERM3 risk decomposition — how much of the portfolio's return is market beta versus genuine stock-picking, and where the residual risk concentrates.
- Reported AUM
- $20.5B
- Holdings
- 40
- Top-10 weight
- 71%
- As of
- 2026-06-30
- Filed
- 2026-08-14
Return attribution — beta or stock-picking?
Sum of monthly ERM3 attribution over the trailing 12 months (2025-07-31 → 2026-06-30), modeled subset of holdings. Roughly 3382% of the gross return came from stock selection (residual return) — this book is earning its return from selection, not market exposure.
Gross
-0.6%
Market
+28.8%
Sector
+2.2%
Subsector
-6.3%
Stock selection
-20.4%
Top holdings
40 reported positions; top 15 shown. “Stock-specific” is the share of each position's variance not explained by market, sector, or subsector factors.
| # | Holding | Weight | Value | Stock-specific |
|---|---|---|---|---|
| 1 | AMZNAmazon.com, Inc. | 11.2% | $2.3B | 46% |
| 2 | NVDANVIDIA Corporation | 10.9% | $2.2B | 47% |
| 3 | GOOGLmodeled on GOOGAlphabet Inc. | 10.1% | $2.1B | 60% |
| 4 | METAMeta Platforms Inc Class A | 7.7% | $1.6B | 57% |
| 5 | LRCXLam Research Corporation | 6.7% | $1.4B | 30% |
| 6 | SESea Ltd | 5.9% | $1.2B | 90% |
| 7 | AMATApplied Materials, Inc. | 5.8% | $1.2B | 33% |
| 8 | GEVGE Vernova Inc. | 4.6% | $937M | 62% |
| 9 | MSFTMicrosoft Corporation | 4.1% | $846M | 63% |
| 10 | CPAYCorpay, Inc. | 3.5% | $716M | 84% |
| 11 | AVGOBroadcom Inc. | 3.2% | $663M | 50% |
| 12 | CPNGCoupang, Inc. Class A | 3.1% | $633M | 88% |
| 13 | INTCIntel Corporation | 2.9% | $594M | 58% |
| 14 | SPOTSpotify Technology SA | 2.6% | $538M | 78% |
| 15 | TTWOTake-Two Interactive Software, Inc. | 2.2% | $452M | 79% |
90% of reported AUM is in the ERM3 model universe; attribution and risk shares cover that subset. Source: SEC Form 13F-HR, filed 2026-08-14.
How concentrated is this book?
Quarter-end concentration across 83 filings from 2005-12-31 to 2026-06-30, with the latest filing set against this manager's own median.
- Effective N
- 15.9
- median 13.0
- Top 5 weight
- —
- no median
- Top 10 weight
- 70.5%
- median 75.1%
- Weight HHI
- —
- no median
Effective N is inverse-Herfindahl breadth, not a holding count: it falls well below the number of positions when one name dominates, which is the case worth seeing. This book held 40 positions at 2026-06-30.
Interrogate this portfolio
Ask the AI risk analyst what changed last quarter, where the concentration risk sits, or how your portfolio overlaps with Chase Coleman's.