Chilton Investment exits its position in FedEx Corporation
Chilton Investment Company exited its position in FedEx Corporation (FDX), which accounted for 2.55% of the fund’s 3Q14 portfolio.
Chilton Investment adds new position in Sonic Corporation
Chilton Investment Company has invested more than $32 million in Sonic Corporation (SONC), which now represents 1.14% of Chilton’s total portfolio.
McDonald’s Says “Strong Competitive Activity” Impacting Sales
According to McDonald’s management, “strong competitive activity” is affecting its sales. Other fast food chains don’t seem to be feeling the competition.