Solid August Leaves Chase Coleman Up 45 Percent This Year

Chase Coleman's Tiger Global Management delivered robust returns in August 2026, with the Tiger Seed fund advancing 3.5% during a period when the broader S&P 500 index declined 5.7%. This performance has positioned Coleman's flagship fund for a +45% year-to-date return, according to investor communications. The August outperformance caps what is shaping up to be one of Coleman's strongest years since the fund's inception, representing a dramatic turnaround from the significant losses experienced in 2022.

Notably, Coleman's 2026 gains have been driven primarily by short positions rather than long equity holdings, demonstrating tactical repositioning ahead of the August market correction. This shift in alpha generation reflects Coleman's continued evolution as a long/short equity manager. Despite this emphasis on shorts, internet and technology stocks remain core to Tiger Global's investment thesis, with the $5.2 billion long U.S. equities portfolio maintaining substantial exposure to this sector.

The fund's largest holding is Yandex, Russia's most popular internet company and dominant search engine. Coleman also maintains a controlling stake in Bitauto Holdings Ltd., which provides internet content services for China's automotive industry. Additional major positions include Amazon.com, Netflix, Priceline.com, and Baidu, a leading Chinese and Japanese-language search provider. These holdings underscore Coleman's enduring focus on internet-enabled growth businesses, a thesis that has defined his investment career since 2001.

Coleman's 2026 performance represents a recovery from the challenging 2022 period, when Tiger Global's losses reached approximately $16 billion and the main fund posted a 15% decline. By contrast, the fund rebounded approximately 29% in 2023, establishing momentum that has accelerated through 2026. Now 45 years old and operating a firm that has grown to over $50 billion in assets under management, Coleman remains among the most successful Tiger Cubs—the cohort of hedge fund managers seeded by Julian Robertson at Tiger Management. His ability to generate alpha during both rising and falling markets, as evidenced by August's performance during a market downturn, continues to validate his technology-focused long/short methodology.