Egerton Capital, a well-known British hedge fund, was co-founded by John Armitage. Egerton has a bottom-up strategy to investing, with a portfolio worth $20.1 billion. Since its inception, the fund has averaged a 15% annual return.
Insider Monkey discusses the 10 tech stocks to invest in today according to John Armitage’s Egerton Capital. Garena, Shopee, and SeaMoney are the three main companies of the tech company located in Singapore. At the end of June, 104 funds were positive on Sea Limited, with stakes totaling over $12.2 billion. This compares to 98 hedge funds with $10.4 billion in investments in the previous quarter. As of the end of the second quarter, Armitage’s Egerton Capital owned 2.87 million shares of StoneCo Ltd. The company offers financial technology solutions, including a cloud-based e-commerce platform that works across in-store, internet, and mobile platforms. Match Group, Inc. is eighth on the list of the top ten tech stocks to buy right now. Tinder, Match.com, OkCupid, and other digital dating sites are owned and managed by the firm. Yandex N.V. is the largest Russian technology business and the internet’s second-largest Russian search engine. Egerton Capital, founded by John Armitage, has 3.2 million shares in Yandex. Paypal Holdings, Inc. is the sixth stock on the top ten technology stocks to buy right now. Egerton Capital, led by John Armitage, owns 1.5 million shares worth $437.3 million, or 2.17 percent of the company’s portfolio. For more details, click Top 10 Tech Stocks To Invest In Today According To John Armitage’s Egerton Capital.