Home Depot
People at Chilton Investment Company were one to learn that the home improvement retailer’s shares increased by 23 percent. Based in Stamford, Connecticut, the hedge fund increased its stakes in The Home Depot by purchasing over 39K shares in the third quarter of 2020.
This makes for 6.6 of the firm’s portfolio and is, in fact, in the top four. Chilton Investment, founded by Richard Chilton Jr. in 1992, seemed to have made a wise decision since Home Depot had seen its stock increase since 2017. Interestingly, the investor is throwing great sums in the housing sector as its biggest holding is Sherwin-Williams (8.5 percent).
