Carillon Tower Advisers, an investment management firm, published its fourth quarter 2020 “Carillon Eagle Mid Cap Growth Fund” investor letter – a copy of which can be downloaded here. In the letter, the fund talked about their best and worst securities, together with their outlook for this year from an investment perspective. You can view the fund’s top 5 holdings to have a peek at their top bets for 2021.
Carillon Tower Advisers, in their Q4 2020 investor letter, mentioned CrowdStrike Holdings, Inc. (NASDAQ: CRWD) and emphasized their views on the company. CrowdStrike Holdings, Inc. is a Sunnyvale, California-based cybersecurity technology company that currently has a $40.7 billion market capitalization. Since the beginning of the year, CRWD delivered a -14.27% return, while its 12-month gains are impressively up by 225.56%. As of March 24, 2021, the stock closed at $181.60 per share.
Here is what Carillon Tower Advisers has to say about CrowdStrike Holdings, Inc. in their Q4 2020 investor letter:
“CrowdStrike continues to deliver strong results, with revenues growing impressively year over year and a growth rate that continues to accelerate with each quarter. The company provides internet-delivered software for the security of computers, servers, and mobile phones, and is displacing legacy antivirus vendors. In addition, the company is expanding its portfolio of security products to include software that detects vulnerabilities in technology infrastructure, for technology asset management, and for insider threat mitigation and identity protection.”
Our calculations show that CrowdStrike Holdings, Inc. (NASDAQ: CRWD) ranks 30th in our list of the 30 Most Popular Stocks Among Hedge Funds. As of the end of the fourth quarter of 2020, CrowdStrike Holdings, Inc. was in 92 hedge fund portfolios, compared to 71 funds in the third quarter. CRWD delivered a -18.75% return in the past 3 months.