Venture capital firm Viking Global, headquartered in Connecticut, focuses on international investments. Andreas Halvorsen, a billionaire Norwegian investor, co-founded and oversees the hedge fund. As of February 8, his estimated net worth was $6.3 billion, according to Forbes. When it came to 2020, Viking Global Investors’ performance was among the best hedge funds in existence. In 2021, the Connecticut-based company’s hedge fund lost 4.5%. Two of the worst performers for the fund were Peloton Interactive, Inc. and Adaptive Biotechnologies Corporation.
Here is Insider Monkey’s list of Viking Global’s top 10 stocks. With a 366 percent increase, Viking Global now owns 3.1 million Parker-Hannifin Corporation shares, worth $867 million. Exports to North America and the rest of the world have both increased for this Ohio-based industrial firm. Viking Global’s Q3 2021 portfolio includes Fidelity National Information Services, Inc. Mobile banking, global e-commerce, electronic funds transfer, and asset management are all services offered by this fintech firm. Brookfield Asset Management Inc. saw a 312 percent increase in Viking Global’s stake in the third quarter of 2021. Investments in infrastructure, renewable energy, real estate, and private equity are the company’s primary focus. Seattle-based biotech company Adaptive Biotechnologies Corporation is a major stake in a fund run by Viking Global. During the third quarter of 2021, the company’s clonoSEQ product saw a 47% increase in clinical sequencing volume compared to the same period in 2018. Microsoft Corporation decreased its stake by 22% in the third quarter of 2021. Viking Global has a $1.03 billion stake in the tech company, making it one of their largest investments. Overall, 250 hedge funds were positive on Microsoft at the end of the third quarter. For more details, click Viking Global’s Top 10 Stocks.