Walgreen Company (WAG), llumina Inc. (ILMN), Valeant Pharmaceuticals Intl Inc (VRX): Billionaire Andreas Halvorsen’s Top Stock Picks

Andreas Halvorsen’s Viking Global recently disclosed its long equity positions for the second quarter of 2014. The fund declared holdings worth more than $22.9 billion. In this article I would like to take a look at his top three stakes in order to elucidate if any of them deserve further research and could be considered as attractive investments. These companies are: Walgreen Company (NYSE:WAG), Valeant Pharmaceuticals Intl Inc (NYSE:VRX) and llumina, Inc. (NASDAQ:ILMN).

Same as in the first quarter of the year, Walgreen Company (NYSE:WAG) occupied the first spot in Mr. Halvorsen’s equity portfolio. The $59.3 billion market cap drugstore operator saw the fund trim its stake by 17% over the second quarter; however, it kept the front-runner position, coming in very close to Valeant Pharmaceuticals Intl Inc (NYSE:VRX). Viking Global disclosed ownership of 20.13 million shares, worth roughly $1.49 billion.

Andreas Halvorsen

This stake makes of Viking Global the largest hedge fund shareholder of record at Valeant Pharmaceuticals Intl Inc (NYSE:VRX), trailed by Barry Rosenstein’s Jana Partners, which acknowledged holding 11.1 million shares of the company.

Time Warner Inc (NYSE:TWX) was displaced from the second spot, which is now occupied by Valeant Pharmaceuticals Intl Inc (NYSE:VRX), a $37.95 billion market cap specialty pharmaceutical and medical devices company. Over the second quarter, the fund boosted its exposure to the company by 28%, and now owns more than 11.83 million shares, worth approximately $1.49 million –but slightly less than the stake at Walgreen Company (NYSE:WAG).

There is, however, one fund that seems even more bullish about Valeant Pharmaceuticals Intl Inc (NYSE:VRX). Jeffrey Ubben’s Valueact Capital has more than 17% of its total equity portfolio placed in this company. Its 18.92 million shares stake is worth $2.38 billion, and makes it the largest hedge fund shareholder of record -amongst those we track, followed by Viking Global.

Last in this list is llumina, Inc. (NASDAQ:ILMN), which also kept its position in relation to the previous quarter, despite a 10% diminution in Mr. Halvorsen’s stake. The fund’s 7.99 million shares, worth –also- about $1.42 billion, account for 6.22% of its total equity portfolio.

Other major hedge funds betting on llumina, Inc. (NASDAQ:ILMN) –although their stakes are considerably smaller than Viking Global’s- are Samuel Isaly’s Orbimed Advisors and Sean Cullinan’s Point State Capital. Both these funds upped their bets on the company over the second quarter, and now own more than 1.3 million shares each.

Viking Global is a New York-based hedge fund managed by one of the most successful Tiger cubs, Norwegian Ole Andreas Halvorsen. The fund follows a bottom-up stock picking approach, and invests primarily on healthcare stocks (about 29% of its equity portfolio). The fund also seems to like information technology (17%) and consumer discretionary (17%) stocks.

Disclosure: Javier Hasse holds no position in any stocks or funds mentioned

blog comments powered by Disqus
Insider Monkey Headlines
Insider Monkey Small Cap Strategy
Insider Monkey Small Cap Strategy

Insider Monkey beat the market by 52 percentage points in 24 months Click to see monthly returns in table format!

Lists

The Top 10 Most Expensive Digital Cameras to Snap Stunning Shots With

The 10 Highest Quality Fast Food Restaurants In America Today

The 8 Best Halloween Decorating Ideas to Spook Up Your House

10 Marvel Women that Should Get a Movie Right Now

The 20 Best Remixes of Popular Songs that Will Make You Forget the Originals

7 Most Expensive Cities in the World

5 Least Expensive Cities in the World

10 Celebrities Who Believe In Scientology

10 High Margin Food Products to Build a Business Around

The 10 Most Expensive Clothing Stores in the United States to Get Decked Out At

The 5 Biggest Kickstarter Scams That Swindled Backers’ Donations

The 10 Most Expensive Boarding Schools In the World

50 Crazy Facts About Japan You Won’t Believe

Top 10 Least Expensive Hybrid Cars to Save the Planet With

The 10 Biggest ‘Gate’ Controversies in History

The 10 States with the Highest Nursing Shortages Leaving Their Hospitals Depleted

The 10 Best Value Investment Blogs that Every Investor Must Read

The 6 Cheapest Boarding Schools in Europe 2015

The 5 Most Expensive Cars To Insure in the World

The 10 Most Common Genetically Modified Foods

10 Self-Made Billionaires Who Came From Nothing

The 10 Most Expensive Cities to Live in North America

The 13 Most Expensive Headphones in the World to Represent

The Top 20 Wealthiest Soccer Teams in 2014

4 BuzzWorthy Cannabis Stocks And Some Smoking Derivative Plays

The 10 Healthiest Fast Food Chains in America to Dine At

The 5 Most Expensive Cat Food Brands You Can Spoil Your Kitty With

The 6 Best eCommerce Platforms for Small Businesses

The 10 Worst Mistakes an Entrepreneur Can Make

The 5 Most OP Characters in League of Legends to Carry Games and Crush Foes With

The 5 Best Foods to Eat Before Running that Will Help You Pound the Pavement

10 Glaring Plot Holes in The Walking Dead that a Zombie-Filled Bus Could Drive Through

The 5 Biggest Celebrity Stoners Who Love Their Reefer

The 10 Most Overrated Movies Of All Time by Out-of-Touch Critics

Top 6 Least Expensive Cruise Destinations For 2015 that Will Take You to Paradise

10 States with Lowest Substance Abuse Rates in America

The 14 Most Watched TV Finales Ever

The 10 Best Selling Role Playing Games of All Time for PC

10 Most Influential Papers In Economics

Top 8 Biggest Charities in the US

10 Worst Celebrity Career Moves Ever

Top 10 Best Paid Tennis Stars in the World

Top 6 Cities For The Ultra Rich to Live in Comfort

10 Cities with High Demand for Nurses

6 of the Worst Greeting Card Messages Ever Crafted

How to Make Money in ArcheAge and Build Your Empire

10 Foods To Eat To Lower Cholesterol Levels

The 10 Most Hated Television Characters of All Time

The 30 Worst Halloween Costume Ideas Ever Brought to Horrible Life

10 Vocational Skills in Demand Today with Jobs Waiting to be Filled

Subscribe

Enter your email:

Delivered by FeedBurner

X

Thanks! An email with instructions is sent to !

Your email already exists in our database. Click here to go to your subscriptions

Insider Monkey returned 47.6% in its first year! Wondering How?

Download a complete edition of our newsletter for free!