Stocks to invest in – Five Consumer Stocks Chilton Investment Was Piling Into



Stocks to invest in

Richard Chilton‘s Chilton Investment Company, which was founded in 1992, primarily invests in stocks on the premise of value investing, fundamental research and disciplined portfolio management. The fund increased its exposure in consumer stocks at the end of second quarter in comparison to previous quarter.

At the end of June, Chilton Investment Company had an equity portfolio worth $2.82 billion, around a half of which was represented by positions in Consumer Stocks. The largest positions in the sector were represented by AutoZone, Inc. (NYSE:AZO), Casey’s General Stores, Inc. (NASDAQ:CASY), Hilton Worldwide Holdings Inc (NYSE:HLT), Anheuser-Busch InBev SA (ADR) (NYSE:BUD), and The Coca-Cola Co (NYSE:KO).

We believe that imitating hedge funds and other large institutional investors can be helpful in identifying stocks capable of outperforming the broader market. Through extensive research that covered portfolios of several hundred large investors between 1999 and 2012, we determined that following the small-cap stocks that large money managers are collectively bullish on, can generate monthly returns nearly 1.0 percentage points above the market (see more details here).

stocks-to-invest-in

AutoZone, Inc. (NYSE:AZO)


– Shares Owned by Chilton Investment Company (as of June 30): 163,670

– Value of Chilton Investment Company’s holding (as of June 30): $129.93 million

Chilton Investment managed by Richard Chilton increased its stake in AutoZone, Inc. (NYSE:AZO) by 18,099 shares to 163,670 shares during the second quarter. The company has recently reported its financial results for the fiscal fourth quarter, which included EPS of $14.30, topping the expectations by $0.04. On the other hand, its revenue of $3.40 billion went up by 3.3% on the year but was $30 million below the consensus estimate. A total of 41 funds from our database have long position in AutoZone, Inc. (NYSE:AZO) worth $906.47 million as of the end of June.

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Casey’s General Stores, Inc. (NASDAQ:CASY)

– Shares Owned by Chilton Investment Company (as of June 30): 740,023

– Value of Chilton Investment Company’s holding (as of June 30): $97.32 million

Casey’s General Stores, Inc. (NASDAQ:CASY) represented a new position in Chilton’s equity portfolio as the fund acquired 740,023 shares worth $97.32 million during the second quarter. For the fiscal 2017 first quarter, the company reported revenue of $1.97 billion which missed the consensus estimate by $20 million, while EPS of $1.70 per share fell short of expectations by $0.11. Shares of Casey’s General Stores, Inc. (NASDAQ:CASY) are down by over 4% since the beginning of the year and 28 funds are long in the stock with total investment of $416.20 million.

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On the next page, we’ll take a look at Chilton’s investments in Hilton Worldwide Holdings Inc (NYSE:HLT), Anheuser-Busch InBev SA (ADR) (NYSE:BUD), and The Coca-Cola Co (NYSE:KO).

– Stocks to invest in

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