Chilton Investment Company hedge fund starts new positions in BYI, TTC, KMX, CF, MXIM – 13F Flash
Chilton investment company, a large U.S. based hedge fund started new positions in Bally Technologies, Inc. (BYI), Toro Co. (TTC), CarMax Inc. (KMX), CF Industries (CF), and Maxim Integrated Products (MXIM).
Financial summaries and metrics for these securities are included below. Detailed analysis and recommendations require a subscription (more information at the bottom of the article).
Bally Technologies, Inc. (BYI): Bally Technologies, Inc. is a diversified global gaming company that designs, manufactures, operates, and distributes advanced technology-based gaming devices, systems, server-based solutions, custom mobile applications, and interactive applications. Its innovations and technology solutions allow its customers to more effectively manage their operations using its wide range of marketing, data management and analysis, accounting, player tracking, security, and other software applications and tools. The Company also provides hardware, including spinning-reel and video gaming devices, specialty gaming devices, and wide-area progressive (“WAP”) systems. It supports customers that include traditional land-based, riverboat, and Native American casinos, video lottery and central determination markets.
Bally was founded in Chicago, Illinois in 1932 as Bally Manufacturing Corp. The Company was incorporated in Nevada on September 30, 1968, under the name Advanced Patent Technologies.
Toro Co. (TTC): Toro Ventures Inc. is in the acquisition and exploration of oil and gas properties. Toro Ventures Inc. was incorporated in the state of Nevada on April 11, 2005. Its business strategy is to acquire interest in the properties of, and working interests in the production owned by, established oil and gas production companies, whether public or private, in the United States oil producing areas.
When and if funding becomes available, the Company plans to acquire high-quality oil and gas properties, primarily properties which have “proven producing and proven undeveloped reserves.” It will also explore low-risk development drilling and work-over opportunities with experienced, well-established operators.
CarMax Inc. (KMX): CarMax, Inc. was incorporated under the laws of the Commonwealth of Virginia in 1996. CarMax, Inc. is a holding company and its operations are conducted through its subsidiaries. Its home office is located at 12800 Tuckahoe Creek Parkway, Richmond, Virginia.
Under the ownership of Circuit City Stores, Inc. (“Circuit City”), Carmax began operations in 1993 with the opening of its first CarMax superstore in Richmond, Virginia. In 1997, Circuit City completed the initial public offering of a tracking stock that was intended to track separately the performance of the CarMax operations. On October 1, 2002, the CarMax business was separated from Circuit City through a tax-free transaction, becoming an independent, publicly traded company.