We recently compiled a list of the Tech billionaire Chase Coleman’s top 10 stock picks. In this article, we will look at where Take-Two Interactive Software Inc. (NASDAQ:TTWO) stands against Tech Billionaire Chase Coleman’s other top stocks.
“Tiger cub” Chase Coleman continues to shape the investment landscape with its strategic portfolio decisions. His New York-based investment company, Tiger global managementhelped him carve his own path in the financial world and distinguish himself as one of Julian Robertson’s most successful protégés. Previously, Coleman held the position of technology analyst at Tiger Management. Since its founding in 2001, Tiger Global Management has consistently outperformed market benchmarks, building on Robertson’s legacy.
Tiger Global focused mainly on the technology sector, with headliners such as Facebook, and led all venture capital firms in terms of capital raised between 2007 and 2017. Furthermore, the company generated $10.4 billion in profits for its investors in 2020, securing the top spot. among hedge funds on LCH Investments’ annual list of the world’s best hedge fund managers. When the technology sector faced a major downturn in 2022, Tiger Global’s portfolio, which was heavily invested in technology, took a significant hit. The bold strategy of sticking with high-growth technology companies paid off, as the company’s stock portfolio recovered and posted steady gains in subsequent years.
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As of the end of the third quarter of 2024, Tiger Global’s holdings continue to reflect Coleman’s focus on the technology sector, with 45 holdings in which technology stocks dominate 52.37% of the portfolio, along with concentrations in communications services, healthcare and financial services. Despite a challenging global environment, the fund has maintained steady growth, increasing in value by over 1.08% to a value of over $23.4 billion.
Chase Coleman’s commitment to identifying high-quality companies, especially in the technology sector, is reflected in Tiger Global’s top stock picks. These choices highlight a strategy focused on market leaders and innovative companies with strong growth potential.
Chase Coleman of Tiger Global
To compile the list of Chase Coleman’s top 10 stock picks, we looked at Tiger Global Management’s latest 13F filing and identified the largest holdings based on their value.
Why are we interested in the stocks that hedge funds invest in? The reason is simple: our research shows that we can outperform the market by imitating the best stock picks from the best hedge funds. Our quarterly newsletter strategy selects 14 small- and large-cap stocks each quarter and has returned 275% since May 2014, beating the benchmark by 150 percentage points. (see more details here).
Shares held by Tiger Global: 5.84 million
Position value: $897.55 million
Take-Two Interactive Software Inc. (NASDAQ:TTWO) is a leading American video game holding company, known for blockbuster franchises such as Grand Theft Auto, NBA 2K and Red Dead Redemption. The company is also a major player in the esports industry, owning 50% of the NBA 2K League. Revenue is generated through its extensive gaming portfolio, capitalizing on the successful franchises that remain popular to this day. Their focus on both traditional gaming and esports creates a diverse revenue model, suggesting growth potential despite the volatility of the gaming market.
Tiger Global has a notable position in Take-Two Interactive Software Inc. (NASDAQ:TTWO), with 5.8 million shares worth approximately $897.6 million, representing 3.82% of the portfolio. This position increased by 4%, reflecting confidence in the company’s ability to grow within the gaming industry.
Despite revenues of $5.46 billion over the last twelve months, the company has faced challenges in terms of profitability, with a significant negative profit margin of -66.4%. The high price-to-earnings ratio of 80.65 indicates expectations for strong future growth, although current risks are reflected in negative earnings figures. Analysts predict steady revenue growth of 5.62% for 2025, and a strong increase of 43.52% for 2026. With a current market cap of $32.59 billion, analysts have set a price target of $185.33, with limited downside potential, but a promising upward trend based on Future Releases from Take-Two Interactive Software Inc. (NASDAQ:TTWO).
In short, TTWO ranks 9th on our list of billionaire Chase Coleman’s best stock picks. While we recognize TTWO’s potential as an investment, our belief lies in the belief that some AI stocks hold greater promise for delivering higher returns in a shorter time frame. If you’re looking for an AI stock that’s more promising than TTWO, but trades at less than five times earnings, check out our report on the cheapest AI stocks.
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Disclosure: None. This article was originally published on Insider monkey.
