10 Stocks To Invest In According To Stephen Errico's Locust Wood Capital
In this article, we discuss the 10 stocks to invest in according to Stephen Errico's Locust Wood Capital.
Locust Wood Capital is a prominent alternative asset management firm specializing in opportunistic value investing. Based in New York City, the SEC-registered investment adviser oversees $3 billion in assets for qualified individual and institutional investors.
Stephen Errico is the managing partner and founder of Locust Wood Capital, a position he has held since founding the firm in 2002. He earned his Bachelor's degree from Colgate University, completing his studies from 1981 to 1985. With over 30 years of experience on Wall Street, Stephen J. Errico has established a distinguished investment record known for consistently delivering superior risk-adjusted returns.
Locust Wood Capital Advisers is a hedge fund managing discretionary assets totaling $2,761,235,921, as reported in their Form ADV dated March 2024. The firm serves 15 clients. In their most recent 13F filing for Q1 2024, Locust Wood Capital Advisers reported managing $2,790,803,409 in 13F securities, with a top 10 holdings concentration of 48.13%. Their largest holding is Vertiv Holdings Co, with 2,442,525 shares held.
