It was established in 1986, and he remained in charge of Farallon Capital for the next 26 years. He left the fund in 2012 to devote more time to political and environmental issues. Tom Steyer’s current net worth is $1.4 billion as of January 20, 2022. The total value of Farallon Capital’s holdings is in excess of $19.7 billion. The hedge fund invests in a variety of industries, including services, healthcare, and technology.
Insider Monkey mentions some of the top dividend stocks in Farallon Capital’s portfolio. On December 14, Ready Capital Corporation announced a $0.42 quarterly dividend. With a dividend yield of 10.40 percent, the stock is currently attractive. B. Riley recently raised its price target on Ready Capital Corp to $18 due to rising interest rates. Nearly $60 million worth of shares in AbbVie Inc. have recently been purchased by Farallon Capital. In Q3, Berkshire Hathaway held more than $1.5 billion worth of shares in the company. In terms of dividends, Sherwin-Williams is an excellent choice. A 42-year streak of dividend growth has been maintained by the company. Chilton Investment Company, its largest shareholder, held on to its position in the third quarter with $324 million in shares. A decrease in the number of hedge funds with positions in Visa Inc. was observed. Hedge funds’ holdings in the company fell to 143 from 162 in the previous quarter by the third quarter of 2021. The combined value of these stakes is more than $26.1 billion. In addition to semiconductors, Broadcom Inc. provides network, wireless, and software services to its customers in the United States. In comparison to the S&P 500’s dividend yield of 1.3 percent, the stock’s current dividend yield is 2.65 percent. For more details, click the 10 Best Dividend Stocks According To Thomas Steyer’s Farallon Capital.
