Schafer Cullen
Schafer Cullen Global High Dividend ADR
Global Income
Jun 2025 → Dec 2025
Our archive holds 3 letters from this strategy, behind 2 investment theses and positions in 9 companies. Every quote below is copied verbatim from the letter it came from.
3 letters in a year — follow all of Schafer Cullen for every strategy.
What it bought and sold
Purchases Qualcomm Inc. (United States, Information Technology) – Qualcomm is a leading semiconductor platform company with core strengths in wireless connectivity, edge computing, and low-power system design.
During the quarter, we exited our position in Haier amid rising uncertainty around demand normalization, margin pressures, and external policy headwinds.
Also held
- ASE Technology
- Toyota Motor
- Rio Tinto
- DHL Group
- Morgan Stanley
- UniCredit
- Johnson & Johnson
- Coca-Cola FEMSA
- Zijin Mining
- AIB Group
Its investment theses
- Qualcomm Inc.Dec 2025Qualcomm is a leading semiconductor platform with dominant smartphone share and multiple AI-driven growth vectors across PCs, automotive, IoT, and inference at an attractive valuation and yield.
- VinciSep 2025Vinci is a prominent global operator of concessions and a provider of energy and construction services in Europe, with strong growth prospects in airports and energy services contributing to its attractive valuation and dividend yield.