Pat Fallon Stock Portfolio: 5 Stocks To Consider

In this article, we discuss the 5 stocks to consider in the portfolio of Pat Fallon. If you want to read our detailed analysis of these stocks, go directly to Pat Fallon Stock Portfolio: 10 Stocks To Consider.

5. CrowdStrike Holdings, Inc. (NASDAQ:CRWD)

Number of Hedge Fund Holders: 74

CrowdStrike Holdings, Inc. (NASDAQ:CRWD) provides endpoint and cloud workload protection. Major hedge funds hold large stakes in the company. Among the hedge funds being tracked by Insider Monkey, New York-based investment firm Tiger Global Management LLC  is a leading shareholder in CrowdStrike Holdings, Inc. (NASDAQ:CRWD)  with 7.5 million shares worth more than $1.8 billion. 

Securities filings from Pat Fallon dated November 4 reveal that the lawmaker sold CrowdStrike Holdings, Inc. (NASDAQ:CRWD) stock worth somewhere between $100,000 and $250,000 on October 1 last year, disclosing the transaction in this regard on November 2. 

In its Q1 2021 investor letter, Carillon Tower Advisers, an asset management firm, highlighted a few stocks and CrowdStrike Holdings, Inc. (NASDAQ:CRWD) was one of them. Here is what the fund said:

“CrowdStrike provides cloud-based software used in the security of computers, servers, and mobile phones. The stock pulled back a bit during the quarter as investor sentiment shifted away from stocks with higher valuation multiples. We remain shareholders, as the protection of enterprise assets and cloud workloads from various forms of cyberattacks remains more important than ever for many enterprises, and we believe this will continue to result in a strong demand environment for CrowdStrike’s innovative products and services.”