Tech, Media & Telecom Hedge Funds ride high with 10.3% surge; Lone Pine, Coatue Capital and Tiger Global claim top spots

April 12th, 2015
| More
The latest Top Technology, Media and Telecom Hedge Fund list has been released, revealing that the top TMT Funds currently manage nearly $143 billion. Overall, the Top TMT Hedge Funds saw their equity assets jump by an impressive $13.4 billion, or 10.3% during this past quarter.

Twenty-two of the hedge funds on the TMT list saw their assets increase by more than $50 million during the quarter. Leading the gainers are Chase Coleman’s Tiger Global Management (+$1.6B) and Philippe Laffont’s Coatue Capital (+$780M).

Not surprisingly, Manhattan is home to 27 of the top TMT funds. While Manhattan is king, the Bay Area is still very much relevant, claiming the headquarters for 6 of the top hedge funds.

Over the quarter, Steve Mandel’s Lone Pine Capital reclaimed the top spot on the list from Laffont’s Coatue Capital. Greenwich-based Lone Pine had held the top spot early last year, but missed the Q3 2014 ranking when the hedge fund lowered its portfolio allocation of TMT stocks to 47%.

Coatue Capital didn’t fall far from its perch, as the TMT hedge fund now holds the #2 spot on the list. Meanwhile, Chase Coleman’s Tiger Global Management returns to the top of the list, claiming the #3 spot with more than $6 billion in TMT assets.

Ranking Methodology: The Top 50 TMT Hedge Fund rankings are compiled on a quarterly basis using hedge fund firms’ overall U.S. equity assets under management. The TMT list includes the top hedge funds that have more than 50% of their U.S. equity assets invested in U.S. listed Technology, Media and Telecom companies. To view the Top TMT Hedge Fund list in its entirety, please visit the Top Hedge Fund portal. .
For Detailed Investor Profiles on these Investors, click below:
Coatue Capital
Lone Pine Capital
Tiger Global Management
Related People: Chase Coleman; David Craver; David Scully (CMO); Feroz Dewan; Julian Robertson; Kerry Tyler; Mala Gaonkar; Marco Tablada; Neeraj Chandra; Philippe Laffont; Steve Mandel; Steve Mandel; Thomas Laffont
Related Entities: Coatue Capital; Coatue Offshore funds; Coatue Qualified Partners LP; Lone Balsam LP; Lone Cascade; Lone Cypress Funds; Lone Dragon Pine; Lone Juniper; Lone Pine Capital (LPC); Lone Pine Sierra LP; Lone Sequoia LP; Lone Spruce LP; Tiger Global Funds; Tiger Management Corporation; Tiger Management*; Tiger Technology LP
Related Article Tags: Investment Management, Fund Manager and General Financial News

More Recent Headlines

Mid-Tier Hedge Funds see room to Grow; Archer Capital, JHL Capital and Sandler O'Neill top the list

Goldman’s Stuart Riley joins former Brevan Howard Star Chris Rokos’ new Hedge Fund

Groveland Capital gives Biglari Holdings a taste of its own Steak

Chicago & Texas continue to dominate Central U.S. Hedge Funds List, Leading 4.6% Asset Surge

Moore Capital and Mount Kellett Capital veterans Join CQS

Assets Surge by 36% for Emerging Managers; 74% of the top Hedge Funds report Assets Gains

Leading New York City Hedge Funds gained nearly 17% in 2014; Millennium, AQR, Och-Ziff, DE Shaw & Gotham powered Y-O-Y gains

Hutchin Hill Capital Seeks Entry into Burgeoning Asia Merger Market

Harbinger Group is Starting Clean with New CEO and New Name - HRG Group

Man GLG poaches Himanshu Gulati from Perry Capital to head up Distressed strategy