Stocks That Billionaire Andreas Halvorsen Is Selling


Norwegian billionaire investor Ole Andreas Halvorsen makes his fortune in the oil and gas industry. In 1999, he founded the Connecticut-based hedge fund Viking Global. Prior to co-founding Viking Global, he worked at Morgan Stanley and Tiger Management after receiving an MBA from Stanford University in 1990. In the industrial, healthcare, information technology, finance, consumer discretionary, and telecommunications sectors, Viking Global’s 13F portfolio is valued at $34.4 billion. Investments in Twilio Inc. and Workday Inc.

Insider Monkey highlights the 10 stocks that billionaire Andreas Halvorsen is selling. Ingersoll Rand Inc. acquired Houdstermaatschappij Jorc, a Netherlands-based manufacturer of condensate management products, for an all-cash purchase price of €27 million ($30.17 million) in February, according to a press release. Compressors, vacuums, and specialized gas and fluid management systems are the company’s specialty. Originally a user-generated video sharing website, Bilibili Inc. has evolved into a cloud-based streaming platform. An ‘Equal Weight’ rating and $32 price target were issued by Barclays analyst Jiong Shao on February 8. This year, on January 27, Canadian Pacific Railway Limited declared a quarterly dividend of $0.19 ($0.15) for each share, the same as it had done in previous years. Analyst Benoit Poirier raised his price target for Desjardins from C$113 ($87.19) on January 31 to C$114 ($88.97). A biotechnology company, Illumina, Inc., serves the sequencing, genotyping, gene expression and proteomics markets. 155,319 shares of Illumina were disposed of by Viking Global in the fourth quarter of 2021, marking the end of the company’s investment in the company. Zoom Video Communications is an American communications technology company that has made it possible for people to work remotely, learn online, and attend social events. Just a few months later, in Q4 2021, Andreas Halvorsen sold his entire stake in the company for $308.3 million. For more details, click 10 Stocks That Billionaire Andreas Halvorsen Is Selling.