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Chris Hohn founded the Children’s Investment Fund Management in 2003. The hedge fund manages Children’s Investment Master Fund. Chris Hohn invests globally and holds long positions. We recently determined the best and the worst hedge funds based on the performance of their 13F portfolio. According to our calculations, Chris Hohn’s Children’s Investment Fund ranked among the top 10.

During the second quarter, Chris Hohn sold off Coca Cola Co (NYSE:KO), Companhia Energetica De Mina (OTCPK:CESDY), and Molson Coors Brewing Co (NYSE:TAP). Since the end of June, Coca Cola gained 4% while Companhia Energetica De Mina lost 8% and Molson Coors Brewing lost 2%. Since the end of June, Chris Hohn’s top 13F holdings returned -11.2% vs. -7.8% for SPY. Here are the top stock picks of Chris Hohn at the end of June:

Company

Ticker

Value (x1000)

Return Since June

DISNEY

DIS

812438

-14%

C B S Corp. NEW

CBS

615592

-12%

VIACOM INC NEW

VIA.B

533471

-7%

UNION PACIFIC CORP

UNP

282175

-11%

ORACLE CORP

ORCL

157479

-15%

UNITED PARCEL SERVICE INC

UPS

49990

-7%

MCDONALDS CORP

MCD

41272

8%

KANSAS CITY SOUTHERN

KSU

24987

-8%

WELLPOINT INC

WLP

17198

-20%

ROYAL BANK SCOTLAND Class 1

RBS

10049

-23%

ROYAL BANK SCOTLAND Class 2

RBS

9250

-23%

C M E GROUP INC

CME

5202

-9%

ROYAL BANK SCOTLAND Class 3

RBS

3439

-23%

ROYAL BANK SCOTLAND Class 4

RBS

692

-23%

COCA COLA CO

KO

4%

COMPANHIA ENERGETICA DE MINA

OTCPK:CESDY

-8%

MOLSON COORS BREWING CO

TAP

-2%

The top 5 holdings make up more than 90% of Chris Hohn’s equity portfolio. The top 5 stocks include Disney Walt , CBS Corp., Viacom Inc., Union Pacific Corp., and Oracle Corp.

Disney makes up 31.69% of Hohn’s 13F portfolio. He has $812 million invested in the company. Since the end of June, Disney lost 14%. Phill Gross and Robert Atchinson’s Adage Capital Management also has stake in Disney (check out Adage Capital’s stock picks).

Another large chunk of Chris Hohn’s equity portfolio is made up of CBS Corp. Hohn had $615.5 million invested in the company at the end of June. It is the second largest holding of Chris Hohn. Since the end of June, CBS lost 12%. Chris Hohn’s Children’s Investment Fund has the highest position in the company followed by Ken Heebner’s Capital Growth Management. Heebner has shares of CBS worth $186 million as of June (see Ken Heebner’s top holdings). Hohn also had more than half a billion dollars in Viacom. It is clear that Hohn is extremely bullish about media assets.

Chris Hohn initiated a brand new stake in Union Pacific Corp during the second quarter. As of June, he has the second largest position in the company. Union Pacific makes up 11% of Hohn’s equity portfolio. It is the fourth largest holding. The largest position in Union Pacific is held by Ken Fisher’s Fisher Asset Management. Ken Fisher has 3.4 million shares of Union Pacific (View Ken Fisher’s latest stock picks). Since the end of June, Union Pacific lost 11%.

Chris Hohn owns four different securities of Royal Bank Scotland Group. RBS makes up a minor portion of Hohn’s equity portfolio. The stock lost 23% since June. David Tepper’s Appaloosa Management has $57.3 million invested in the company (check out billionaire David Tepper’s favorite holdings).

During the second quarter, Chris Hohn initiated a new position in McDonald’s Corp. He invested $41.2 million in the company. He profited from his investment in Mcdonald’s as it gained 7% since the end of June. Jim Simons’ Renaissance Technologies has the highest stake in McDonald’s. He has $207 million invested in the company. During the second quarter, Simons increased McDonald’s by 35% (see Jim Simons’ bullish stock picks).

Chris Hohn’s media investments have been outperforming the market this year even though they underperformed recently. These are cyclical businesses. If you don’t think we are entering in a recession, you should consider investing in these too.

Source: Children's Investment Fund's Top Stock Picks