W.R. Grace & Co. (GRA), Sherwin-Williams Company (SHW), Union Pacific Corporation (UNP): Billionaire Richard Chilton’s Top Stocks

A former employee at Merrill Lynch and Allen & Company, Richard Chilton established Chilton Investment Company in 1992. Although it started as a long-short  fund, Chilton Investment has evolved over time to employ a wide range of strategies for its long-term investments in public equity, fixed income, and hedging markets across the globe. The fund’s current portfolio is well diversified and includes stocks from the energy sector to consumer goods sector. According to its latest 13F filing, Chilton’s equity portfolio is valued at aproximately $2.48 billion, down from the $3.22 billion at the end of the first quarter. Richar Chilton himself has an estimated net worth of $1.3 billion, as reported by Forbes. His top stock pics have suffered some changes during the second quarter, thus this article will focus on the top 3 positions.

CHILTON INVESTMENT COMPANY

Chilton’s biggest bet continues to be W.R. Grace & Co. (NYSE:GRA), producer and marketer of chemical products with a worldwide presence. However, Chilton Investment’s investment in the company has been considerably reduced during Q2. According to its latest 13F filing, the fund currently holds 1.75 million W.R. Grace & Co. (NYSE:GRA) shares valued at $165 million. James Dinan thinks this stock has still room to grow and has boosted his fund’s stake by 23% during the quarter. As a result, York Capital Management holds 3.67 million shares of W.R. Grace & Co. (NYSE:GRA), worth in excess of $347 million.

Richard Chilton has continued offloading Sherwin-Williams Company (NYSE:SHW) shares, reducing his fund’s holding of the stock by 22% by the end of June. As a result, Chilton Investment Company now holds 404,230 shares valued at $83.6 million. Jim Simons has also chosen to limit his fund’s exposure to Sherwin-Williams Company (NYSE:SHW), reducing its stake in the company by 37% during Q2. In its latest 13F filing, Renaissance Technologies reported control over 397,600 shares of Sherwin-Williams Company (NYSE:SHW), a position worth roughly $82,2 million.

Union Pacific Corporation (NYSE:UNP) is one of the stocks Richard Chilton is bullish on: up 45% during the second quarter. Chilton Investment Company reportedly owns approximately 711,200 shares which carry a value of $70.9 million. Ken Griffin is also very optimistic about the prospects of the stock, nearly doubling his fund’s investment in Union Pacific Corporation (NYSE:UNP) during the quarter. Griffin’s Citadel Investment Group now holds approximately 2.39 million Union Pacific Corporation (NYSE:UNP) shares, valued at $238 million.

Disclosure: none.

Comments
Insider Monkey Small Cap Strategy
Insider Monkey Small Cap Strategy

Insider Monkey beat the market by 52 percentage points in 24 months. Our beta is only 1.2 (don't click this link if beating the market isn't important to you).

Lists

Foods That Stain Your Teeth

Richest Doctors in the World

The Best Movie Sountracks Ever

The Highest Grossing Musicals on Broadway

The Most Successful Reality TV Stars

Cheapest Cities to Visit in the US

Most Expensive Summer Camps

Most Expensive Animals in the World

Most Expensive Specialty Crops in the World

Movies That Took Ages to Make

The Longest Hollywood Films Ever Made

Most Expensive Concert Stages

The Richest Bands of all Time

10 Most Corrupt Countries 2013 List

10 Countries with the Highest Quality of Life Index

Most Expensive Mattresses in the World

5 Smallest Countries by Land Area

The Ultimate Heartbreak Songs

Richest Teenagers in the World

10 Most Haunted Places in America

10 Best Places to Retire in Florida East Coast

Top 10 Places to See Before You Die

Top 8 Countries in the World Where Justice Prevails

10 Richest States in America

15 Wealthiest Countries in the World

Richest Singers in the World

Most Expensive Tasting Menu in New York City

Most Expensive Baby Items in the World

Most Expensive Hotel Suites in Vegas

Most Expensive Brunch in New York City

Most Expensive Beef Cuts in the World

25 Best Colleges to Get a Job

Top 10 US Supermarkets

The 25 Most Dangerous Cities in the World to Visit

Most Expensive Xbox Games

Top 11 Cities Where Billionaires Live

Top 10 Most Charitable Companies in America

Most Expensive Seafood in the World

The 10 Wildest Conspiracy Theories

The 10 Best Job Markets in the US

Top 10 Accounting Scandals of All Time

The 25 Biggest Cities in the World

Top 10 Best Paying Virtual Jobs

Most Expensive Leather Shoes in the World

Top 6 Things to Buy in March

The 10 Most Stressful Jobs in America – 2014 List

Top 10 Jobs for Introverted People

Top 10 Honeymoon Destinations in the World

Top 10 Highest Paying Jobs in the World

Most Expensive Day-Care in New York City

Subscribe

Enter your email:

Delivered by FeedBurner

X

Thanks! An email with instructions is sent to !

Your email already exists in our database. Click here to go to your subscriptions

Insider Monkey returned 47.6% in its first year! Wondering How?

Download a complete edition of our newsletter for free!