Europe’s Most Feared Investor Chris Hohn is Buying These 3 Stocks

In this piece we’ll gloss over the 3 stocks that Europe’s most feared investor Chris Hohn is buying. If you want to take a look at our comprehensive analysis of Chris Hohn’s history, investment philosophy, and hedge fund performance, then head right on to Europe’s Most Feared Investor Chris Hohn is Buying These 6 Stocks.

3. Canadian National Railway Company (NYSE:CNI)

Sir Hohn’s Stake Value: $3.2 billion

Percentage of Sir Hohn’s 13F Portfolio: 7.92%

Number of Hedge Fund Holders: 40

Canadian National Railway Company (NYSE:CNI) is a more than a hundred year old company that is based inside Canada and provides railroad services to customers on both sides of the border. The company is responsible for the goods transport, and it transports materials such as metals, minerals and chemicals alongside products such as fertilizer and petroleum.

Out of the 873 hedge funds polled by Insider Monkey in the second quarter, 40 had held a stake in the Canadian National Railway Company (NYSE:CNI). Its largest shareholder after Sir Hohn is Stephen J. Errico’s Locust Wood Capital Advisers who owns 171,168 shares worth $19.7 million.

In a late October note, Deutsche Bank’s analyst Amit Mehrotra raised Canadian National Railway Company (NYSE:CNI)’s price target to $130 per share from an earlier $110.