Carillon Tower Advisers, an investment management firm, published its fourth quarter 2020 “Carillon Eagle Small 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 Eagle Small Cap Growth Fund, in their Q4 2020 investor letter, mentioned Entegris, Inc. (NASDAQ: ENTG) and emphasized their views on the company. Entegris, Inc. is a Billerica, Massachusetts-based manufacturing company that currently has a $13.9 billion market capitalization. Since the beginning of the year, ENTG delivered a 6.82% return, impressively extending its 12-month gains to 112.61%. As of March 24, 2021, the stock closed at $102.65 per share.
Here is what Carillon Eagle Small Cap Growth Fund has to say about Entegris, Inc. in their Q4 2020 investor letter:
“Entegris provides specialty semiconductor materials for the microelectronics industry. Despite the volatility in the markets, semiconductor chip production continues unabated and has in fact accelerated. Entegris, as a key consumable supplier to this industry, continues to benefit. At its recent investor day, the firm’s management team laid out a mid-term plan that investors appreciated for both top-line growth as well as margin potential.”
Our calculations show that Entegris, Inc. (NASDAQ: ENTG) does not belong in our list of the 30 Most Popular Stocks Among Hedge Funds. As of the end of the fourth quarter of 2020, Entegris, Inc. was in 30 hedge fund portfolios, compared to 25 funds in the third quarter. ENTG delivered a 6.64% return in the past 3 months.