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10 DNA Stocks Billionaires Are Loading Up On

In this article, we discuss 10 DNA stocks that billionaires love. If you want to skip our detailed analysis of the DNA market, head over to 5 DNA Stocks Billionaires Are Loading Up On

Genomics is the study of a complete set of DNA within an organism. The global genomics market was worth $28.39 billion in 2022, and it is expected to reach $98.7 billion by 2030, exhibiting a compound annual growth rate of 16.85% during the forecast period from 2022 to 2030. The growth in the global genomics market will primarily be driven by greater strides in gene targeted therapy and precision medicine. In addition to that, higher government subsidies and funding in the microbiology and genetics sector will also support growth. The cost of sequencing human genomes at present is below $1,000, which is remarkably less than a decade ago. This cost was estimated to be $1 million in 2007. This has now led to new market entrants and startups in the genomics space, propelling further innovation and growth. The amalgamation of genomics with artificial intelligence and machine learning is projected to fasten discoveries in the sector. 

The field of genomics is gaining traction all over the world. For example, India’s most famous billionaire and business magnate, Mukesh Ambani, is foraying into genetic mapping. Ambani plans to make genetic mapping more affordable and mainstream it throughout India’s rapidly growing consumer landscape. He took inspiration from American startups like 23andMe Holding Co. (NASDAQ:ME). Ambani’s goal is to make a genome sequencing test available for $145 in India. This test will be 86% less expensive as compared to the other alternatives locally available in India. The genome sequencing test indicates an individual’s inclination towards cancer, cardiovascular diseases, and neurodegenerative disorders, in addition to hereditary genetic ailments. 

Don’t Miss: 12 Gene Editing Stocks With the Best Long-Term Potential

Anne Wojcicki, the co-founder and CEO of 23andMe Holding Co. (NASDAQ:ME), was in conversation with Fortune on April 25, 2023. She pointed out a recent study by The Lancet, a peer-reviewed medical journal, which indicated that negative reactions to medications can be cut by 30% if only medications were genetically tailored to the patients. Wojcicki also noted that millions of individuals have bought and performed DNA tests, which confirms robust consumer demand. 23andMe Holding Co. (NASDAQ:ME), along with Medscape, performed a survey which concluded that two-thirds of doctors are of the opinion that genetic testing could result in improved outcomes for patients, and more than 90% of the respondents agreed that genetic testing is a crucial component in understanding one’s health status completely. 

The genomics market is rapidly growing and that leads to several attractive buying opportunities. Billionaires, never backing down from potentially profitable opportunities, are loading up on DNA stocks like Illumina, Inc. (NASDAQ:ILMN), Invitae Corporation (NYSE:NVTA), and Vertex Pharmaceuticals Incorporated (NASDAQ:VRTX) to benefit from the boom in the genomics industry. Investors can also check out 11 Most Promising Gene Editing Stocks and 12 Biggest Genomics Companies in the World

Our Methodology 

Insider Monkey tracks billionaire-owned stocks and in this article, we selected the DNA stocks that attracted the highest number of billionaire investors during the first quarter of 2023. We have also mentioned the overall hedge fund sentiment towards each stock as of Q1 2023. 

Pixabay/Public Domain

DNA Stocks Billionaires Are Loading Up On

10. CRISPR Therapeutics AG (NASDAQ:CRSP)

Number of Hedge Fund Holders: 22

Number of Billionaire Investors: 5

CRISPR Therapeutics AG (NASDAQ:CRSP) is Switzerland-based a gene editing company that specializes in developing gene-based medicines using its CRISPR and Cas9 platform. On May 8, CRISPR Therapeutics AG (NASDAQ:CRSP) reported a Q1 GAAP EPS of -$0.67 and a revenue of $100 million, outperforming Wall Street estimates by $0.97 and $75.67 million, respectively. 

On June 9, JMP Securities analyst Silvan Tuerkcan raised the firm’s price target on CRISPR Therapeutics AG (NASDAQ:CRSP) to $74 from $70 and maintained an Outperform rating on the shares. CRISPR and Vertex Pharmaceuticals announced that the exagamglogene autotemcel BLA was recognized by the FDA, indicating a significant milestone ahead of potential approvals, the analyst told investors in a research note. The firm believes CRISPR and Vertex have the power to create a monopoly in sickle cell disease and transfusion-dependent beta thalassemia and generate substantial sales.

According to Insider Monkey’s first quarter database, 22 hedge funds were bullish on CRISPR Therapeutics AG (NASDAQ:CRSP). The firm also was on the radar of 5 billionaire investors as of the end of March 2023, including Ken Griffin of Citadel Investment Group

Like Illumina, Inc. (NASDAQ:ILMN), Invitae Corporation (NYSE:NVTA), and Vertex Pharmaceuticals Incorporated (NASDAQ:VRTX), CRISPR Therapeutics AG (NASDAQ:CRSP) is one of the best DNA stocks to invest in. 

9. Intellia Therapeutics, Inc. (NASDAQ:NTLA)

Number of Hedge Fund Holders: 29

Number of Billionaire Investors: 7

Intellia Therapeutics, Inc. (NASDAQ:NTLA) is a genome editing company engaged in the development of curative therapeutics. On May 4, the company reported a Q1 GAAP EPS of -$1.17 and a revenue of $12.6 million, outperforming Wall Street estimates by $0.21 and $0.84 million, respectively. Cash, cash equivalents, and marketable securities came in at $1.2 billion as of March 31, 2023, compared to $1.3 billion the prior quarter. It is one of the best DNA stocks to invest in. 

On June 13, BofA analyst Greg Harrison lifted the price target on Intellia Therapeutics, Inc. (NASDAQ:NTLA) to $91 from $89 and maintained a Buy rating on the shares after “an impressive update” from its phase 1 trial of NTLA-2002 in hereditary angioedema. In addition to progressively developing another business opportunity, the update offers “further validation to Intellia’s gene editing platform,” added the analyst.

According to Insider Monkey’s first quarter database, 29 hedge funds were bullish on Intellia Therapeutics, Inc. (NASDAQ:NTLA), compared to 39 funds in the prior quarter. Intellia Therapeutics, Inc. (NASDAQ:NTLA) was part of 7 billionaire portfolios in Q1, including Andreas Halvorsen’s of Viking Global

Carillon Tower Advisers discussed its stance on Intellia Therapeutics, Inc. (NASDAQ:NTLA) in its Q2 2021 investor letter.

“Intellia Therapeutics is a clinical-stage genome editing company focused on the development of proprietary, potentially curative therapeutics. The company’s stock soared after announcing positive interim data from an ongoing phase 1 clinical study of its in vivo gene editing candidate, which is being developed as a single-dose treatment for hereditary transthyretin (ATTR) amyloidosis. This specific form of therapy would be the first of its kind resulting in the precision editing of a gene in a target tissue in the human body.”

8. Fulgent Genetics, Inc. (NASDAQ:FLGT)

Number of Hedge Fund Holders: 14

Number of Billionaire Investors: 8

Fulgent Genetics, Inc. (NASDAQ:FLGT) provides clinical diagnostic solutions such as molecular diagnostic testing, genetic testing, and anatomic pathology laboratory tests and testing services. Fulgent Genetics, Inc. (NASDAQ:FLGT) is also involved in therapeutic development and has a targeted therapy platform. It is one of the best DNA stocks that billionaires are flocking towards. In Q1 2023, 8 billionaires were bullish on Fulgent Genetics, Inc. (NASDAQ:FLGT), including Cliff Asness of AQR Capital Management

On May 8, Piper Sandler raised the firm’s price target on Fulgent Genetics, Inc. (NASDAQ:FLGT) to $37 from $35 and maintained a Neutral rating on the shares following the company’s Q1 earnings results.

According to Insider Monkey’s first quarter database, 14 hedge funds held stakes worth $37.7 million in Fulgent Genetics, Inc. (NASDAQ:FLGT), compared to 17 funds in the prior quarter worth $20 million. 

Here is what Old West Investment Management has to say about Fulgent Genetics, Inc. (NASDAQ:FLGT) in its Q3 2021 investor letter:

“In our second quarter of 2020 letter, I wrote about a very promising holding of ours, Fulgent Genetics. Fulgent is a genetic testing and diagnostics company involved in one of the hottest fields in healthcare. At the time of that letter, the stock was trading at $20 per share, up from our original purchase price of $6.00. Today the stock is trading at $84, and we think it still has significant upside.

Fulgent is led by visionary entrepreneur Ming Hsieh, who previously founded Cogent, Inc in 1990 and sold the company to 3M for nearly $1 Billion. Fulgent’s genetic testing business has great potential, and they very opportunistically expanded into Covid testing in 2020. The company is growing rapidly, has a debt free balance sheet and is gushing cash flow. Although Covid testing has provided explosive growth for the company, they have not lost focus on genetic testing, having grown that portion 296% year-over-year…” (Click here to see the full text)

7. Editas Medicine, Inc. (NASDAQ:EDIT)

Number of Hedge Fund Holders: 16

Number of Billionaire Investors: 8

Editas Medicine, Inc. (NASDAQ:EDIT) is a clinical stage genome editing company that specializes in creating transformative genomic medicines by utilizing its proprietary CRISPR gene editing platform. Insider Monkey’s database tracked Editas Medicine, Inc. (NASDAQ:EDIT) in 8 billionaire portfolios at the end of March. It is one of the top DNA stocks to monitor. 

On June 12, Raymond James upgraded Editas Medicine, Inc. (NASDAQ:EDIT) to Outperform from Market Perform with a $17 price target. The data update at EHA indicates that EDIT-301 is working soundly and is “an important de-risking dataset” as EDIT-301 utilizes a novel Cas enzyme and cuts a novel site, the analyst wrote in a note to investors. It “already looks like EDIT-301 has potential to be a ‘functional cure,’ like lovo-cel and exa-cel,” and initial Hb signals point towards an exceptional data profile, the analyst added.

According to Insider Monkey’s first quarter database, 16 hedge funds were long Editas Medicine, Inc. (NASDAQ:EDIT), compared to 20 funds in the prior quarter. Billionaire David Shaw’s D E Shaw is a prominent stakeholder of the company. 

6. Pacific Biosciences of California, Inc. (NASDAQ:PACB)

Number of Hedge Fund Holders: 32

Number of Billionaire Investors: 8

Pacific Biosciences of California, Inc. (NASDAQ:PACB) specializes in the design and production of sequencing systems to navigate advanced genetic challenges. The company offers sequencing systems, consumable products like SMRT cells, and reagent kits tailored for specific workflows, such as template preparation kits for converting DNA into SMRTbell double-stranded DNA library formats. In the first quarter of 2023, 8 billionaires held stakes in Pacific Biosciences of California, Inc. (NASDAQ:PACB), including Steve Cohen of Point72 Asset Management

On May 2, Pacific Biosciences of California, Inc. (NASDAQ:PACB) reported a Q1 GAAP EPS of -$0.36, falling short of Wall Street estimates by $0.03. The revenue of $38.9 million increased 17.3% year-over-year, beating market consensus by $4.52 million. 

According to Insider Monkey’s first quarter database, 32 hedge funds held stakes worth $744.4 million in Pacific Biosciences of California, Inc. (NASDAQ:PACB), compared to 25 funds in the prior quarter worth $383.5 million. 

In addition to Illumina, Inc. (NASDAQ:ILMN), Invitae Corporation (NYSE:NVTA), and Vertex Pharmaceuticals Incorporated (NASDAQ:VRTX), Pacific Biosciences of California, Inc. (NASDAQ:PACB) is one of the top DNA stocks preferred by billionaire investors. 

Jackson Square Partners made the following comment about Pacific Biosciences of California, Inc. (NASDAQ:PACB) in its Q3 2022 investor letter:

“Pacific Biosciences of California, Inc. (NASDAQ:PACB): emerging player in genomic sequencing with its highly differentiated long-read technology; poised to unlock a multi-year share shift towards long-read sequencing as new products dramatically improve throughput and cost to competitively advantaged levels.”

Click to continue reading and see 5 DNA Stocks Billionaires Are Loading Up On

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Disclosure: None. 10 DNA Stocks Billionaires Are Loading Up On is originally published on Insider Monkey.

The $250 Trillion AI Hype is Real. A few years from now, you’ll probably wish you’d bought this stock.

When Jeff Bezos said that one breakthrough technology would shape Amazon’s destiny, even Wall Street’s biggest analysts were caught off guard.

Fast forward a year and Amazon’s new CEO Andy Jassy described generative AI as a “once-in-a-lifetime” technology that is already being used across Amazon to reinvent customer experiences.

At the 8th Future Investment Initiative conference, Elon Musk predicted that by 2040 there would be at least 10 billion humanoid robots, with each priced between $20,000 and $25,000.

Do the math. According to Musk, this technology could be worth $250 trillion by 2040.

Put another way, that’s roughly equal to:

  • 175 Teslas
  • 107 Amazons
  • 140 Metas
  • 84 Googles
  • 65 Microsofts
  • And 55 Nvidias

And here’s the wild part — this $250 trillion wave isn’t tied to one company, but to an entire ecosystem of AI innovators set to reshape the global economy.

It’s a leap so massive, it could reshape how businesses, governments, and consumers operate worldwide.

Even if that $250 trillion figure sounds ambitious, major firms like PwC and McKinsey still see AI unlocking multi-trillion-dollar potential.

How could anything be worth that much?

The answer lies in a breakthrough so powerful it’s redefining how humanity works, learns, and creates.

And this breakthrough has already set off a frenzy among hedge funds and Wall Street’s top investors.

What most investors don’t realize is that one under-owned company holds the key to this $250 trillion revolution.

In fact, Verge argues this company’s supercheap AI technology should concern rivals.

Before I reveal the details, let’s talk about how some of the richest people on the planet are positioning themselves.

  • Bill Gates sees artificial intelligence as the “biggest technological advance in my lifetime,” more transformative than the internet or personal computer, capable of improving healthcare, education, and addressing climate change.
  • Larry Ellison — through Oracle, is spending billions on Nvidia chips and partnering with Cohere to embed generative AI across Oracle’s cloud and apps.
  • Warren Buffett — not known for tech hype — says this breakthrough could have a ‘hugely beneficial social impact.

When billionaires from Silicon Valley to Wall Street line up behind the same idea — you know it’s worth paying attention to.

Even as we admire what Tesla, Nvidia, Alphabet, and Microsoft have built, we believe an even greater opportunity lies elsewhere…

But the real story isn’t Nvidia — it’s a much smaller company quietly improving the critical technology that makes this entire revolution possible.

And judging by what I’m hearing from both Silicon Valley insiders and Wall Street veterans…

This prediction might not be bold at all:

A few years from now, you’ll wish you’d owned this stock.

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AI, Tariffs, Nuclear Power: One Undervalued Stock Connects ALL the Dots (Before It Explodes!)

Artificial intelligence is the greatest investment opportunity of our lifetime. The time to invest in groundbreaking AI is now, and this stock is a steal!

AI is eating the world—and the machines behind it are ravenous.

Each ChatGPT query, each model update, each robotic breakthrough consumes massive amounts of energy. In fact, AI is already pushing global power grids to the brink.

Wall Street is pouring hundreds of billions into artificial intelligence—training smarter chatbots, automating industries, and building the digital future. But there’s one urgent question few are asking:

Where will all of that energy come from?

AI is the most electricity-hungry technology ever invented. Each data center powering large language models like ChatGPT consumes as much energy as a small city. And it’s about to get worse.

Even Sam Altman, the founder of OpenAI, issued a stark warning:

“The future of AI depends on an energy breakthrough.”

Elon Musk was even more blunt:

“AI will run out of electricity by next year.”

As the world chases faster, smarter machines, a hidden crisis is emerging behind the scenes. Power grids are strained. Electricity prices are rising. Utilities are scrambling to expand capacity.

And that’s where the real opportunity lies…

One little-known company—almost entirely overlooked by most AI investors—could be the ultimate backdoor play. It’s not a chipmaker. It’s not a cloud platform. But it might be the most important AI stock in the US owns critical energy infrastructure assets positioned to feed the coming AI energy spike.

As demand from AI data centers explodes, this company is gearing up to profit from the most valuable commodity in the digital age: electricity.

The “Toll Booth” Operator of the AI Energy Boom

  • It owns critical nuclear energy infrastructure assets, positioning it at the heart of America’s next-generation power strategy.
  • It’s one of the only global companies capable of executing large-scale, complex EPC (engineering, procurement, and construction) projects across oil, gas, renewable fuels, and industrial infrastructure.
  • It plays a pivotal role in U.S. LNG exportation—a sector about to explode under President Trump’s renewed “America First” energy doctrine.

Trump has made it clear: Europe and U.S. allies must buy American LNG.

And our company sits in the toll booth—collecting fees on every drop exported.

But that’s not all…

As Trump’s proposed tariffs push American manufacturers to bring their operations back home, this company will be first in line to rebuild, retrofit, and reengineer those facilities.

AI. Energy. Tariffs. Onshoring. This One Company Ties It All Together.

While the world is distracted by flashy AI tickers, a few smart investors are quietly scooping up shares of the one company powering it all from behind the scenes.

AI needs energy. Energy needs infrastructure.

And infrastructure needs a builder with experience, scale, and execution.

This company has its finger in every pie—and Wall Street is just starting to notice.

Wall Street is noticing this company also because it is quietly riding all of these tailwinds—without the sky-high valuation.

While most energy and utility firms are buried under mountains of debt and coughing up hefty interest payments just to appease bondholders…

This company is completely debt-free.

In fact, it’s sitting on a war chest of cash—equal to nearly one-third of its entire market cap.

It also owns a huge equity stake in another red-hot AI play, giving investors indirect exposure to multiple AI growth engines without paying a premium.

And here’s what the smart money has started whispering…

The Hedge Fund Secret That’s Starting to Leak Out

This stock is so off-the-radar, so absurdly undervalued, that some of the most secretive hedge fund managers in the world have begun pitching it at closed-door investment summits.

They’re sharing it quietly, away from the cameras, to rooms full of ultra-wealthy clients.

Why? Because excluding cash and investments, this company is trading at less than 7 times earnings.

And that’s for a business tied to:

  • The AI infrastructure supercycle
  • The onshoring boom driven by Trump-era tariffs
  • A surge in U.S. LNG exports
  • And a unique footprint in nuclear energy—the future of clean, reliable power

You simply won’t find another AI and energy stock this cheap… with this much upside.

This isn’t a hype stock. It’s not riding on hope.

It’s delivering real cash flows, owns critical infrastructure, and holds stakes in other major growth stories.

This is your chance to get in before the rockets take off!

Disruption is the New Name of the Game: Let’s face it, complacency breeds stagnation.

AI is the ultimate disruptor, and it’s shaking the foundations of traditional industries.

The companies that embrace AI will thrive, while the dinosaurs clinging to outdated methods will be left in the dust.

As an investor, you want to be on the side of the winners, and AI is the winning ticket.

The Talent Pool is Overflowing: The world’s brightest minds are flocking to AI.

From computer scientists to mathematicians, the next generation of innovators is pouring its energy into this field.

This influx of talent guarantees a constant stream of groundbreaking ideas and rapid advancements.

By investing in AI, you’re essentially backing the future.

The future is powered by artificial intelligence, and the time to invest is NOW.

Don’t be a spectator in this technological revolution.

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This isn’t just about making money – it’s about being part of the future.

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Here’s what to do next:

1. Head over to our website and subscribe to our Premium Readership Newsletter for just $9.99.

2. Enjoy a month of ad-free browsing, exclusive access to our in-depth report on the Trump tariff and nuclear energy company as well as the revolutionary AI-robotics company, and the upcoming issues of our Premium Readership Newsletter.

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