Chilton Investment portfolio

What changed this quarter

220 positions with a change (34 new, 70 added to, 98 trimmed, 18 sold); also, 2 entered through an IPO, 1 entered through a spin-off. 12 are listed here: those of 0.5 points of the portfolio or more (up to 12).

• Capital One Financial−2.6 ppof portfolioSold out
  2.6% → —
• Sherwin-williams−32%fewer sharesReduced
  7.4% → 5.6%
• Apple+105%more sharesIncreased
  1.2% → 2.8%
• Home Depot−30%fewer sharesReduced
  4.2% → 3.2%
• Progressive−63%fewer sharesReduced
  1.8% → 0.8%
• AutoZone−85%fewer sharesReduced
  1.5% → 0.2%
• Amphenol−19%fewer sharesReduced
  4.0% → 4.7%
• Xylem+576%more sharesIncreased
  0.2% → 1.2%
• DoorDash−99%fewer sharesReduced
  0.9% → under 0.1%
• Alphabet+25%more sharesIncreased
  2.7% → 4.2%
• Mastercard−15%fewer sharesReduced
  4.8% → 4.2%
• Costco Wholesale−7.8%fewer sharesReduced
  7.9% → 7.0%

The figure on the right: for positions added to or trimmed, the change in the number of shares (%); for new and sold ones, the points of the portfolio moved (pp). Below, the portfolio weight before → after. Traded weight?: what it bought or sold, excluding price effects.

Top holdings

• MicrosoftMSFT8.0%
• Costco WholesaleCOST7.0%
• Republic ServicesRSG6.0%
• Sherwin-williamsSHW5.6%
• AlphabetGOOGL · GOOG5.0%
• AmphenolAPH4.7%
• Amazon.comAMZN4.6%
• MastercardMA4.2%
• International Business MachinesIBM3.3%
• Home DepotHD3.2%
• CintasCTAS3.1%
• AppleAAPL2.8%
• American ExpressAXP2.5%
• Arthur J. GallagherAJG2.3%
• Berkley W RWRB2.3%
• Moody'sMCO1.9%
• EatonETN1.6%
• DeereDE1.5%
• Parker-hannifinPH1.3%
• Morgan StanleyMS1.3%
• XylemXYL1.2%
• VisaV1.0%
• MedtronicMDT1.0%
• Berkshire HathawayBRK/B0.9%
• O Reilly AutomotiveORLY0.8%
• State Str Spdr S&P 500 ETF TSPY0.8%
• ProgressivePGR0.8%
• T. Rowe PriceTROW0.7%
• Texas InstrumentsTXN0.7%
• CRH publicCRH0.7%
• Meta PlatformsMETA0.6%
• Ferguson EnterprisesFERG0.6%
• Bank of New York MellonBNY0.6%
• Thermo Fisher ScientificTMO0.4%
• Vanguard Mrngstar GR ETF-sui ETFVUG0.4%
• Vanguard Index FundsVTI0.4%
• BlackstoneBX0.4%
• Bob's Discount FurnitureBOBS0.3%
• BroadcomAVGO0.3%
• HubbellHUBB0.3%
• JPMorgan ChaseJPM0.3%
• Vanguard Mrngstr Val ETF-aui ETFVTV0.3%
• Vanguard Ftse Developed ETFVEA0.3%
• iShares Core S&P 500 ETFIVV0.3%
• Applied Aerospace & DefenseAADX0.3%
• Domino’s PizzaDPZ0.3%
• McDONALD’SMCD0.2%
• iShares Russell 1000 ETFIWB0.2%
• Vanguard Index FundsVOE0.2%
• Taiwan Semiconductor ManufacturingTSM0.2%
• Alger ETF TrustATFV0.2%
• Lam ResearchLRCX0.2%
• NVIDIANVDA0.2%
• Teledyne TechnologiesTDY0.2%
• AutoZoneAZO0.2%
• Verisk AnalyticsVRSK0.2%
• Vanguard International Equity Index FVEU0.2%
• Analog DevicesADI0.2%
• Yum! BrandsYUM0.2%
• Idexx LaboratoriesIDXX0.2%
• Vistra OperationsVST0.2%
• Coca-cola ConsolidatedCOKE0.2%
• Cisco SystemsCSCO0.2%
• Clean HarborsCLH0.2%
• AutonationAN0.2%
• Eli LillyLLY0.2%
• Loar HoldingsLOAR0.2%
• ChevronCVX0.2%
• Waste ManagementWM0.2%
• Vanguard S&P 500 ETFVOO0.2%
• Abbott LaboratoriesABT0.2%
• Invesco QQQ Trust Series 1 ETFQQQ0.2%
• TJXTJX0.2%
• APi GroupAPG0.2%
• Central SecsCET0.1%
• Vanguard Index FundsVBR0.1%
• Invesco Exchange Traded Fund TRSP0.1%
• BradyBRC0.1%
• Emerson ElectricEMR0.1%
• AXON EnterpriseAXON0.1%
• Coca-ColaKO0.1%
• Vertiv HoldingsVRT0.1%
• ToroTTC0.1%
• Curtiss-wrightCW0.1%
• FTAI AviationFTAI0.1%
• Johnson & JohnsonJNJ0.1%
• Atlanta Braves HoldingsBATRK0.1%
• Vanguard Index FundsVBK0.1%
• KrogerKR0.1%
• iShares Russell 1000 Value E ETFIWD0.1%
• iShares Russell 1000 Growth ETFIWF0.1%
• Vanguard Index FundsVO0.1%
• Applied MaterialsAMAT0.1%
• Advanced Energy IndustriesAEIS0.1%
• WalmartWMT0.1%
• Vanguard International Equity Index FVT0.1%
• Vanguard Most Sm-cap ETF-usd ETFVB0.1%
• AbbVieABBV0.1%
• Vanguard Total International Stock ETFVXUS0.1%