American millionaire Richard Chilton started his hedge fund in 1992. Chilton’s investment strategy is characterized by holding shares of firms for the long term. The bottom-up, basic strategy seeks to maximize compound returns during bull markets and protect capital during bear markets. The investment fund sees environmental and social governance as essential elements to guarantee a business’s sustainable growth and promote shareholder engagement. Chilton Investment Company considers ESG criteria as another element in its evaluation process when making investment decisions in light of this.
Insider Monkey highlights the 10 tech stocks that billionaire Richard Chilton is selling. The business is aiming to increase telecom services in remote areas. Philip Cusick at JPMorgan Chase upgraded American Tower Corporation from Underweight to Overweight. As of June 21, the company’s forward dividend yield is 2.42 percent. A travel technology company with its headquarters in Connecticut is called Booking Holdings Inc. With more than 28 million listings, the company offers services in more than 220 areas. During Q1 2022, Chilton Investment Company completely sold its holding in Booking Holdings. Trimble Inc. specializes in offering technological solutions that improve the effectiveness of business operations. The business provides software for a variety of uses, including route selection, data sharing, and 3D modeling. Chilton Investment Company purchased 2,420 shares of Trimble during the fourth quarter of 2021. A producer of semiconductors and optoelectronic parts, II-VI Incorporated is situated in Pennsylvania. The company uses tailored materials in its optical systems to increase their longevity and efficiency. For the final quarter of the year, II-VI provided erratic guidance. A software company situated in California is called Adobe Inc. The business focuses on digital media and marketing solutions and offers creative-cloud services. In the first quarter of 2022, Chilton Investment Company decreased its stake in Adobe Inc. by 99%. For more details, click 10 Tech Stocks Billionaire Richard Chilton Is Selling.