Clipper Fund (CFIMX)
Clipper Fund operates in the Asset Management industry of the Financial Services sector, headquartered in Tucson, AZ, US. The stock last traded at $16.84, down 0.59% on the session, giving a market capitalisation of $166.6M. Its beta of 0.90 implies it has historically moved less than the broad market.
The Clipper Fund endeavors to achieve long-term capital appreciation and preserve investors' principal. Its investment adviser utilizes the Davis Investment Discipline, primarily allocating the portfolio to equity securities, encompassing common stocks (both direct holdings and indirect investments via depositary receipts), issued by large enterprises with market valuations of at least $10 billion. The fund's portfolio typically comprises a focused selection of 15 to 35 companies, though the precise number of holdings may fluctuate. By its nature, it operates as a non-diversified fund.
Clipper Fund is most often compared with the following Financial Services names: