Chilton Investment Company’s Return, AUM, and Holdings

The most valuable position, which occupied 7.25% of Chilton Investment Company’s equity portfolio at the end of Q3 2018, was in Sherwin-Williams Co (NYSE:SHW). This is an American Fortune 500 company headquartered in Cleveland, which produces and sales a variety of paints, coatings and similar building material products. The fund disclosed owning 484,596 company’s shares that were valued $220.59 million. Smart money investors from Insider Monkey’s table have become more bullish on Sherwin-Williams in recent months and there were 38 hedge funds long the stock at the end of the third quarter, up from 35 in the previous quarter.  Since the beginning of the year, the company’s stock lost 4.93% and it is currently trading at $393.31. The second largest holding Chilton Investment Company had in the third quarter was in Home Depot Inc (NYSE:HD), and it counted 870,685 shares that were worth 180.36 million.

Among the companies that the fund added to its portfolio during the third quarter, the biggest positions were initiated in Kemper Corp (NYSE:KMPR) and Motorola Solutions Inc (NYSE:MSI). In Kemper, one of America’s biggest insurance providers, Chilton Investment Company established a position that was worth $18.80 million on the account of 233,724 shares. Kemper has seen an increase in interest from smart money investors in our database in the recent period as the number of hedge funds long the stock increased by five, hence at the end of the third quarter, there were 14 investors bullish on the stock. The fund has purchased 56,773 Motorola’s shares, and in that manner, it has established a position in the company that was valued $7.39 million on September 30. Over the past 12 months, Motorola’s stock price gained 26.73%, and it is now trading at $116.11.

The biggest positions the fund dropped in the third quarter of 2018 were those in The Goldman Sachs Group, Inc. (NYSE:GS), Southwest Airlines Co (NYSE:LUV), and in DowDuPont Inc (NYSE:DWDP). The fund said goodbye to 94,110 Goldman Sachs’ shares that were valued $20.76 million, and to 313,753 Southwest Airlines’ shares that were worth $15.96 million. The position in DowDuPont, which the fund also completely sold out, previously counted 360,043 shares, with a value of $23.73 million.

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This article was originally published at Insider Monkey.