10 Best Stocks to Buy Now According to Billionaire Andreas Halvorsen

Published August 4, 2022 at 3:21 pm EDT Updated August 19, 2026 at 8:08 am EDT

In this article, we will be discussing the 10 best stocks to buy now according to billionaire Andreas Halvorsen.

Ole Andreas Halvorsen is a Norwegian-born hedge fund manager who currently serves as the founder and Chief Executive Officer of Viking Global Investors, which is based in Greenwich, Connecticut. Graduating in 1990 with an MBA degree from Stanford, Halvorsen currently ranks at #351 on Bloomberg Billionaires Index with an estimated net worth of $6.43 billion. A protégé of hedge fund manager Julian Robertson, Halvorsen belongs to an elite group of investors known as the “Tiger Cubs”, former mentees of Julian Robertson’s Tiger Management Corporation, who now run hedge fund firms of their own.

Andreas Halvorsen has a unique investment strategy. He is convinced that in order to trade effectively and profitably, it is essential that there is a well-thought out analysis, coupled with a disciplined valuation over time. This has led him to carve up an investment portfolio which is made up of investments in the long and short run. Furthermore, he has also been known to divert his primary focus on long-term investments in public and private corporations, and uses “thoughtful risk-taking” to generate maximum returns.

According to Bloomberg, Halvorsen’s Viking Global has finalized plans to raise a structured equity fund and now seeks to provide capital to “cash-hungry” startups, a move which is expected to aid private companies delay raising money at lower valuations in volatile and unstable public markets. Structured equity usually includes convertible debt, senior equity, or debt plus warrants and hence, fundamentally differs from traditional growth equity, which embodies common equity, and helps companies raise capital without cementing a new valuation. The investment firm aims to raise approximately $1 billion for the fund, which is to be directed in financing both, public and private enterprises. In this effort, Viking Global stands with some of the best hedge fund firms in the world, including Coatue Management and JPMorgan Chase & Co.

As of Q1 2022, Halvorsen’s 13F portfolio is heavily concentrated with large investments in the healthcare, finance, services, and technology sectors. Their current portfolio is valued at over $24.7 billion, a result of a 0.71% increase with respect to the preceding quarter. Halvorsen’s Viking Global has not posted any significant returns so far in Q1 2022, with the hedge fund firm marking a 9% decline in the quarter. Andreas Halvorsen has purchased stakes in 16 new stocks in the first quarter of 2022, strengthening his hold over 31 securities. Some of the most prominent stocks in Halvorsen’s Q1 2022 portfolio include Mastercard Inc. (NYSE:MA), Uber Technologies (NYSE:UBER), and Meta Platforms (NASDAQ:FB). In this article however, we shall be going over the 10 best stocks to buy now according to billionaire Andreas Halvorsen.

Ole Andreas Halvorsen of Viking Global

Our Methodology

These are the top 10 holdings of Andreas Halvorsen’s hedge fund portfolio as of the end of the first quarter of 2022.

10. Comcast Corp. (NASDAQ:CMCSK)

Viking Global Investors’ Stake Value: $659.2M

Percentage of Viking Global Investors’ 13F Portfolio: 2.66%

Number of Hedge Fund Holdings: 78

Comcast Corp. (NASDAQ:CMCSK) is an American multinational telecommunications conglomerate, based in Philadelphia, Pennsylvania. It provides services to U.S. residential and commercial consumers in over 40 states and is the second-largest broadcasting and cable-television company in the world by revenue.

First Eagle Investment Management is the largest stakeholder in the company owning over 30 million shares worth at around $1.4 billion. Halvorsen’s Viking Global owns over 14 million shares worth more than $659 million, which is a result of Halvorsen decreasing his hold over Comcast Corp. by 1%, with the stock making up for 2.66% of Viking Global’s 13F portfolio.

Clearbridge Investments mentioned Comcast Corporation in their Q4 2021 investment letter, a copy of which can be obtained here. This is what they had to say:

“Weakness among our holdings in the communication services sector was the other detractor to performance. Comcast was hurt by tepid subscriber growth in its broadband business but demonstrated strong growth in free cash flow, positioning the company for accelerated capital return going forward.”

9. Chubb Ltd. (NYSE:CB)

Viking Global Investors’ Stake Value: $684.7M

Percentage of Viking Global Investors’ 13F Portfolio: 2.76%

Number of Hedge Fund Holdings: 31

Based in Zurich, Switzerland, Chubb Limited (NYSE:CB) is an American insurance provider, covering property and casualty, accident and health, reinsurance, and life insurance. It is the largest publicly traded casualty and property insurance company in the world by revenue and currently operates in 55 countries. As of Q1 2022, Halvorsen’s Viking Global is the largest shareholder in Chubb Limited, having stakes worth more than $684.7 million. Chubb Limited contributes 2.76% to Viking Global’s 13F investment portfolio.

At the end of the first quarter of 2022, 31 hedge funds are long Chubb Limited, a decrease compared to the previous quarter, where 34 hedge funds were long the stock.

Aristotle Capital Management, an independent, employee/owned investment firm, mentioned Chubb Limited in their Q1 2022 investment letter. This is what they had to say:

“Our investment in Chubb began in the fourth quarter of 2015, shortly after ACE Limited announced it would acquire the Chubb Corporation, creating the largest global property and casualty insurance company by underwriting income. During our nearly seven-year holding period, the company’s combination progressed leading to the realization of main catalysts we had identified. These included cost savings, broadened product offerings and an expanded customer base, as well as enhanced distribution capabilities and improved pricing due to scale. In addition, Chubb successfully grew its profitable high-net-worth personal lines. While we still consider Chubb to be a high-quality business, few catalysts remain after what was, in our opinion, a remarkable run of successful business execution. As such, we decided to step aside in favor of what we believe to be a more optimal investment in Blackstone.”

8. APi Group Corp. (NYSE:APG)

Viking Global Investors’ Stake Value: $704M

Percentage of Viking Global Investors’ 13F Portfolio: 2.84%

Number of Hedge Fund Holdings: 31

Founded in 1926 and based in New Brighton, Minnesota, APi Group Corp (NYSE:APG) is a global business services provider of safety and specialty services, which operates in over 500 locations worldwide. As of Q1 2022, Halvorsen’s Viking Global is the largest stakeholder in the stock, with APi making up for 2.84% of Viking Global’s 13F portfolio. Halvorsen owns more than 33 million shares worth around $704 million, with the hedge fund billionaire strengthening his hold over the stock by 1%.

APi is rising in popularity among hedge funds, as 31 hedge funds in our database were long the stock in the first quarter of 2022, as compared to 27 a quarter ago.

7. Fortive Corp. (NYSE:FTV)

Viking Global Investors’ Stake Value: $733.1M

Percentage of Viking Global Investors’ 13F Portfolio: 2.96%

Number of Hedge Fund Holdings: 43

Headquartered in Everett, Washington, Fortive (NYSE:FTV) is an American diversified industrial technology conglomerate company, spun off from Danaher Corp. in 2016. In 2020, Fortive ranked on the Fortune 500 list for the third time, and was named one of the world’s most admired companies. As of the first quarter of 2022, Halvorsen has increased his stake in the company by 42%, purchasing over 12 million shares worth at around $733.1 million.

On the 8th of July, Barclays analyst Julian Mitchell lowered the price target on the shares of Fortive from $74 to $68, maintaining an ‘Overweight’ rating on the stock. According to Insider Monkey’s exclusive database, investor interest in Fortive has risen with 43 hedge funds long the stock in Q1 2022, a significant increase from the 34 hedge funds which listed Fortive in their investment portfolio last quarter.

Fortive was mentioned in Argosy Investors Q4 2020 investor letter, a copy of which can be obtained here. This is what they had to say:

“We’re getting long in the tooth here, so we’ll conclude with an update Fortive (FTV). Fortive completed its spinoff of Vontier, a business that manufactures gas station terminals, smart city traffic lights, a telematics business, and an auto repair tools distribution business, led by CEO Mark Morelli, a wellregarded external hire from Columbus McKinnon. My outlook is bright for both Fortive and Vontier, though Vontier is more heavily focused in the automotive sector and faces some multi-year headwinds from any transition to electric vehicles. Vontier is also nearing the end of a large installation cycle in its Gilbarco-Veeder-Root business which makes today’s earnings somewhat higher than they will be a couple years from now. If there is one fact I am confident about, both Fortive and Vontier will look very different three years from now due to their highly effective acquisition and integration processes that leverages Lean (a concept discussed in prior letters).”

6. Parker Hannifin Corp (NYSE:PH)

Viking Global Investors’ Stake Value: $898.2M

Percentage of Viking Global Investors’ 13F Portfolio: 3.63%

Number of Hedge Fund Holdings: 39

Based in Mayfield Heights, Ohio, Parker-Hannifin Corp. (NYSE:PH) is an American company which specializes in the production and development of motion and control technologies. Founded in 1917, the company is one of the largest corporations in the motion control technology sector, including aerospace, climate control, electromechanical filtration, fluid and gas handling, and much more. Halvorsen’s Viking Global strengthened their hold over the stock by 4% in Q1 2022, with Parker-Hannifin Corp. now making up for 3.63% of Halvorsen’s 13F investment portfolio. He owns over 3.1 million shares worth at around $898.2 million, making him the largest shareholder in the company. This is closely followed by Ric Dillon’s Diamond Hill Capital, which owns a stake worth over $444 million in Parker-Hannifin Corp..

Alongside heavyweights like Mastercard Inc. (NYSE:MA), Uber Technologies (NYSE:UBER), and Meta Platforms (NASDAQ:FB), Parker-Hannifin Corp. makes it to the list of the 10 best stocks to buy now according to billionaire Andreas Halvorsen.

5. Brookfield Asset Management Inc. (NYSE:BAM)

Viking Global Investors’ Stake Value: $922.4M

Percentage of Viking Global Investors’ 13F Portfolio: 3.72%

Number of Hedge Fund Holdings: 35

Based in Brookfield Place, Toronto, Brookfield Asset Management Inc. (NYSE:BAM) is a Canadian multinational, and one of the largest alternative investment management companies in the world, with over $725 billion of assets under management in 2022. It focuses on direct control investments in real estate, renewable power, infrastructure, credit and private equity, and is next on Halvorsen’s list of the 5 best stocks to buy now. Halvorsen’s Viking Global is the largest stakeholder in Brookfield Asset Management Inc., owning over 16 million shares worth at around $922.4 million. This is a result of Halvorsen decreasing his hold over the stock by 8%, with Brookfield Asset Management Inc. making up for 3.72% of Viking Global’s Q1 2022 investment portfolio. Investor interest in the stock has seen a marked increase in the first quarter of 2022, with 35 hedge funds long the stock, compared to 29 a quarter ago.

Saltlight Capital, an asset management firm, published their Q1 2022 investor letter, a copy of which can be obtained here. They mentioned Brookfield Asset Management Inc. and this is what they had to say:

“During times like this, it is always helpful to remember what your portfolio is built with. One company that we’ve alluded to in the past is Brookfield Asset Management. We’ve been invested in BAM across our various funds since 2019 and could not describe a more ‘resilient, indispensable and durable’ portfolio company. BAM is one of the largest alternative asset managers in the world, but it has some nuances that make it screen poorly (we’ll get into that). It started life as an industrial conglomerate called Brascan in Canada and so in line with general Canadian culture is understated and stays out of the limelight.

Bruce Flatt has been the CEO for over two decades and is the type of manager that we seek to partner with: honest, trustworthy, and extremely capable. We highly recommend watching these two videos: a Google talk in 2018 and this David Rubenstein interview to get a sense of Flatt. Importantly, BAM is not just about Flatt and his singular investing skills as many asset managers are. This is a widely scaled business. We’ve been impressed with the caliber of up-and-coming executives operating the individual businesses which give us confidence that the BAM culture will be retained for many decades to come.

BAM is unique in that it is an asset manager of third-party capital (called Limited Partners or LPs) but it also co-invests with its investors using its own capital. It certainly eats its own cooking (something that we can resonate with). Therefore, the intrinsic value should be comprised of invested capital plus the discounted value of future fee income. On top of this, if they generate outsized returns, they earn performance fees over an agreed-upon hurdle rate (called “carried interest”). BAM has an enviable track record, but a big part of their differentiation is that they run an internal operating business as well. Alongside investing staff, they have operators, engineers and domain experts that can optimize the operations of their investments. This allows them to buy cheap ‘fixer uppers’, send in their operators and re-sell them at a premium valuation. This is their secret sauce.”

4. Microsoft Corp. (NASDAQ:MSFT)

Viking Global Investors’ Stake Value: $1.02B

Percentage of Viking Global Investors’ 13F Portfolio: 4.13%

Number of Hedge Fund Holdings: 259

Headquartered in Redmond, Washington, Microsoft Corporation (NASDAQ:MSFT) is an American multinational technology corporation which produces and develops computer software, consumer electronics, personal computers, and other services, and is one of the Big 5 American IT companies.

Microsoft Corporation makes up for 4.13% of Halvorsen’s 13F investment portfolio for Q1 2022, with the hedge fund billionaire owning over 3.3 million shares worth over $1.02 billion.

Carillon Tower Advisors mentioned Microsoft Corporation in their Q1 2022 investor letter. This is what they said:

“Stock selection contributed the most while sector allocation was also positive. An underweight to communication services and an overweight to energy helped performance, while an underweight to consumer staples and an overweight to materials detracted. Stock selection was strong within healthcare and materials but was weak within information technology and industrials. Microsoft (NASDAQ:MSFT) reported positive results driven by personal computing strength, but analysts were especially positive on its growth outlook for its Azure cloud-computing services.”

3. General Electric Co. (NYSE:GE)

Viking Global Investors’ Stake Value: $1.17B

Percentage of Viking Global Investors’ 13F Portfolio: 4.73%

Number of Hedge Fund Holdings: 51

General Electric (NYSE:GE) is an American multinational conglomerate based in Boston, Massachusetts. Founded in 1892, the company operates in several sectors including GE Healthcare, aviation, power, renewable energy and locomotives. General Electric ranked on the Fortune 500 in 2020, as the 33rd largest company in the US by gross revenue. Halvorsen’s Viking Global has a stake value of $1.17 billion in the stock, with General Electric making up for nearly 4.73% of Halvorsen’s 13F portfolio. The hedge fund billionaire owns 12.8 million shares, a result of Viking Global decreasing their hold over the stock by 30%.

2. Amazon Com Inc. (NASDAQ:AMZN)

Viking Global Investors’ Stake Value: $1.4B

Percentage of Viking Global Investors’ 13F Portfolio: 5.57%

Number of Hedge Fund Holdings: 271

As of the first quarter of 2022, Ken Griffin’s Citadel Investment Group is the largest shareholder in Amazon (NASDAQ:AMZN), having a stake value of over $13.1 billion. Viking Global increased their stake in Amazon by 52%, having a cumulative stake value of almost $1.4 billion.

Amazon Com Inc. was mentioned by Weitz Investment Management, an investment management firm, in their Q1 2022 investment letter, a copy of which can be obtained here. This is what they had to say:

“Amazon.com’s (NASDAQ:AMZN) stock was down modestly in the quarter, but opportunistic purchases helped the position contribute positively to the Fund. Our index short positions against ETFs tracking market indexes provided helpful ballast during the first quarter drawdown but were otherwise detractors for the fiscal year. During the quarter, we covered roughly 20% of our S&P 500 short and 50% of our Nasdaq 100 short at progressively lower prices. Among our long equities, we added materially to high-conviction holdings Amazon.com.”

1. T-Mobile US Inc. (NYSE:TMUS)

Viking Global Investors’ Stake Value: $1.7B

Percentage of Viking Global Investors’ 13F Portfolio: 6.96%

Number of Hedge Fund Holdings: 91

T-Mobile US Inc. (NYSE:TMUS) is a Bellevue-based American wireless network operating company, and is the second largest wireless carrier in the US. T-Mobile US Inc. provides wireless voice and data services in the US and was named as the number one American wireless carrier in 2015 by Consumer Reports. As of the first quarter of 2022, Halvorsen’s Viking Global is the largest stakeholder in the company, owning more than 13.4 million shares valued at around $1.7 billion. This means that T-Mobile US Inc. makes up for 6.96% of Halvorsen’s 13F investment portfolio, with the billionaire strengthening his hold over the stock by 3%.

Investor interest in T-Mobile US Inc. in Q1 2022 has risen as compared to the previous quarter, with the number of hedge funds which have stakes in the company increasing from 86 to 91. This may be a result of T-Mobile’s (NYSE:TMUS) behemoth 5G network, which has increased its customer base to over 315 million in the US.

ClearBridge Investments mentioned T-Mobile US Inc. in their Q4 2021 investor letter. This is what they said:

“As mentioned, the communication services sector has come under some pressure, and irrational pricing competition has negatively impacted wireless industry growth and profitability of late, weighing on T-Mobile. Faced with these headwinds, and with pressure from other wireless carriers and cable companies that could cause the company to cede share in subscriber growth in 2022, we exited our position in the fourth quarter.”

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