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

2. Microsoft Corporation (NASDAQ:MSFT)

Chilton Investment Company’s stake value: $264 million

Percentage of Chilton Investment Company’s Portfolio: 7.38%

Number of Hedge Fund Holders: 258

Microsoft Corporation (NASDAQ:MSFT) is one of the largest technology companies in the world. It originally gained fame through its Windows operating system, and over the years, the firm has diversified its business to include consumer electronics and cloud computing.

Despite the poor recent quarterly performance, Microsoft Corporation (NASDAQ:MSFT) continues to be a Wall Street darling as the average price target for the company among 29 analysts is $327 per share – a significant upside over the current share price of $244. An example of a share price target that is above the current share price is from Guggenheim, which set a $292 price target for the company in August 2022, sharing that the company’s office and cloud computing platforms serve to grow its cash flows by the mid teens in the coming future.

Chilton Investment Company owned one million Microsoft Corporation (NASDAQ:MSFT) shares as part of its Q2 2022 portfolio, allowing it to hold a $264 million stake in the company. During the same time period, 258 out of the 895 hedge funds polled by Insider Monkey had also held a stake in the company.

Out of these, Ken Fisher’s Fisher Asset Management is Microsoft Corporation (NASDAQ:MSFT)’s largest investor as it owns 28 million shares that are worth $7 billion.