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
$19.3B
Holdings
26
Top-10 weight
80%
As of
2025-12-31
Filed
2026-03-16

Return attribution — beta or stock-picking?

Sum of monthly ERM3 attribution over the trailing 12 months (2025-01-31 2025-12-31), modeled subset of holdings. Roughly 14% of the gross return was idiosyncratic — most of the return came from factor exposure, not stock selection.

Gross

+22.1%

Market

+19.8%

Sector

+2.4%

Subsector

-4.1%

Stock-specific

+3.0%

Top holdings

26 reported positions; top 15 shown. “Stock-specific” is the share of each position's variance not explained by market, sector, or subsector factors.

#HoldingWeightValueStock-specific
1MSFT13.7%$2.6B56%
2AMZN12.0%$2.3B52%
3NVDA10.6%$2.1B46%
4SE10.2%$2.0B85%
5META9.4%$1.8B58%
6TTWO7.7%$1.5B77%
7RDDT4.6%$884M78%
8APP4.5%$871M76%
9SPOT3.8%$733M80%
10GEV3.3%$636M67%
11CPNG3.2%$620M87%
12VEEV2.8%$540M95%
13CPAY2.7%$527M83%
14XYZ2.1%$414M69%
15ZS1.8%$355M60%

89% of reported AUM is in the ERM3 model universe; attribution and risk shares cover that subset. Source: SEC Form 13F-HR, filed 2026-03-16.

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