The Chatham–Grenville stock is an anorogenic multiple intrusion that shows a complete gradation from early cumulate and noncumulate syenites to slightly peralkaline granites. It can be divided into four units. Unit 1, the first unit, is a noncumulate syenite with modal quartz less than 5%. Unit 2 has a wide range in composition from cumulate syenites (no modal quartz) to noncumulate syenites and quartz syenites (modal quartz = 20%). Units 3 and 4 are granites with modal quartz up to 25 and 30%, respectively. The parental magma of the whole complex was syenitic. Differentiation occurred as a result of crystal fractionation by filter pressing both at depth and in situ. Ba, Sr, Rb, and Eu abundances and major-element mass-balance calculations show that alkali feldspar, mafic minerals, and apatite were fractionated. At least 79% fractionation is necessary to transform the mean composition of the first unit (1) into the mean composition of the last unit (4). The rare-earth elements, Th, Ta, Hf, and Zr, did not behave in a residual fashion but may have been fractionated in minor accessory phases such as apatite, zircon, monazite, allanite, and xenotime.