Alibaba Group Holding Ltd, Twenty-First Century Fox Inc, Mastercard Inc: Billionaire Chase Coleman Loves These Stocks

Mastercard Inc (NYSE:MA) is also a strong component of Tiger Global’s portfolio, comprising nearly 7.62% of it, according to the latest filing. The fund’s exposure to the company was slightly reduced, as 372,411 shares were sold during the fourth quarter. This put the market value of the Mastercard position at nearly $621 million. Mastercard is also one of the top picks of Tom Russo‘s Gardner Russo & Gardner, with its stake in the company being valued at nearly $860 million.

The payments related service provider is up nearly 2% year-to-date after the company beat Earnings per Share (EPS) estimates by $0.02. The revenues reported also came in $30 million higher than estimated and amounted to $2.42 billion.

Tiger Global is also betting on TransDigm Group Incorporated (NYSE:TDG) to boost its portfolio returns during 2015. The designer, producer and supplier of engineered aircraft components saw its share in the fund’s portfolio decline slightly, as the managers shed some 5,076 of the company’s shares. However, the contribution of Transdigm in the fund’s portfolio still remains at a significant level of 5.89%, which amounts to nearly $499 million in market value.

The company’s stock has performed well since the start of this year and is up about 6.6%. Stockbridge Partners, led by Robert J. Small also has a significant stake in the company, which stands at about $262 million, according to the latest filing.

Tiger Global also has a sizable stake in Bitauto Hldg Ltd (ADR) (NYSE:BITA), which remained unchanged during the fourth quarter. The current holding comprises 6.57 million shares valued at about $462 million. The stake forms 5.46% of the fund’s portfolio value.

The provider of Internet content and marketing services for the fast growing Chinese automotive industry is down nearly 8.5% year-to-date, mostly owing to concerns surrounding the slowdown of the Chinese economy, which has significantly hit the auto industry there. The company has recently closed a partnership deal with JD.com and Tencent Holdings, which gives them a 25% and 3.3% stake in Bitauto respectively.

Disclosure: None