Billionaire Richard Chilton is Dumping These 5 Stocks

4. Texas Roadhouse Inc (NASDAQ:TXRH)

Number of Hedge Fund Holders: 36

Texas Roadhouse Inc (NASDAQ:TXRH) operates a chain of casual dining restaurants in the United States and internationally. As of December 29, 2020, it operated 537 domestic restaurants and 97 franchise restaurants.

In the third quarter of 2021, Chilton Investment Company completely exited Texas Roadhouse Inc (NASDAQ:TXRH). Comparing this to the second quarter of 2021, the fund’s stake in the company was $2.23 million, which accounted for 0.05% of Mr. Chilton’s 13F portfolio.

Insider Monkey was able to identify 36 hedge funds that held stakes in Texas Roadhouse Inc (NASDAQ:TXRH) by the end of the third quarter. The total value of these stakes was over $993.48 million, up from $806.75 million in the previous quarter.