Locust Wood Capital Advisors, based in New York, manages both equity and debt investments. Stephen Errico, the company’s founder and chief investment officer, is a Colgate University graduate. As a portfolio manager at Morgan Stanley, he began his career in investing and asset management. As of the conclusion of the third quarter of 2021, Locust Wood Capital has a portfolio worth more than $1.84 billion. Alphabet Inc., Microsoft Corporation and Amazon.com, Inc. are among the most important equities to consider.
Insider Monkey analyzes the 10 stocks to invest in according to Stephen Errico’s Locust Wood Capital. Honeywell International Inc. is a multinational technology corporation that operates in a variety of industries, including aerospace and performance materials. Locust Wood Capital, led by Stephen Errico, presently owns 252,583 shares in the firm, valued at more than $53.6 million. Apple Inc. is one of the most well-known technological businesses in the world. During the pandemic, sales of iPhones, iPads, and Macs skyrocketed. Annual sales for fiscal year 2021 was $366 billion, up 33% from the previous year. Salesforce.com is owned by Locust Wood Capital, which holds 215,702 shares worth $58.5 million. With about 99,069 shares worth more than $24.19 billion, Rishi Renjen of ROAM Global Management is the company’s largest shareholder. In the second quarter of 2021, 271 of Insider Monkey’s 873 elite funds had positions in Amazon.com, Inc., valued $60.49 billion. In the first quarter, there were 243 funds with a total holding of roughly $50.4 billion. Wedbush kept its Outperform rating on Microsoft Corporation and a $375 price target on the stock on October 20. 238 hedge funds out of 873 tracked by Insider Monkey had holdings in Microsoft Corporation by the end of the second quarter of 2021. For more details, click 10 Stocks To Invest In According To Stephen Errico’s Locust Wood Capital.
