Billionaire Richard Chilton’s Latest Portfolio: Top 5 Stock Picks

In this article, we will take a look at the top five stock picks in billionaire Richard Chilton’s latest portfolio. To find out more about the hedge fund, its founder, and other stocks, take a look at Billionaire Richard Chilton’s Latest Portfolio: Top 10 Stock Picks.

5. The Home Depot, Inc. (NYSE:HD)

Chilton Investment Company’s stake value: $206 million

Percentage of Chilton Investment Company’s Portfolio: 5.76%

Number of Hedge Fund Holders: 80

The Home Depot, Inc. (NYSE:HD) is an American home improvement retailer that is headquartered in Atlanta, Georgia. The firm has thousands of stores all over the United States, and it provides a host of products covering building materials, flooring, cabinets, furnaces, and air conditioning systems.

Chilton Investment Company owned a $206 million stake in The Home Depot, Inc. (NYSE:HD) as part of its Q2 2022 holdings. This came through the firm holding 753,813 shares of the company. During the same time period, 80 of the 895 hedge funds polled by Insider Monkey had also invested in the company.

The Home Depot, Inc. (NYSE:HD) is one of two major home improvement retailers in the U.S., which provides it with a unique advantage as it enjoys cost and scale advantages over other companies that might want to enter the market. The firm has grown its free cash flow at a compounded annual growth rate (CAGR) of 11.4% since 2004, and during the same time period, its share based payments have grown by 7.1% – indicating that the company is keeping up with FCF growth when it comes to returning capital. The Home Depot, Inc. (NYSE:HD) pays a $1.9 dividend for a 2.75% yield.

The Home Depot, Inc. (NYSE:HD) largest investor is Ken Fisher’s Fisher Asset Management which owns 8.3 million shares that are worth $2.2 billion.