5 Safe Haven Stocks Billionaires Are Loading Up On

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In this article, we will take a look at the 5 safe haven stocks billionaires are loading up on. To see more such companies, go directly to 10 Safe Haven Stocks Billionaires Are Loading Up On.

5. Thermo Fisher Scientific Inc. (NYSE:TMO)

Number of Billionaire Investors: 19

Another dividend-paying defensive play in our list, Thermo Fisher Scientific Inc. (NYSE:TMO) recently said it will buy data intelligence company CorEvitas from Audax Private Equity for approximately $913 million in cash.

As of the end of the first quarter of 2023, 19 billionaire hedge fund managers reported owning stakes in Thermo Fisher Scientific Inc. (NYSE:TMO). Overall, 98 hedge funds in Insider Monkey’s database of hedge funds reported owning stakes in Thermo Fisher Scientific Inc. (NYSE:TMO). Some notable billionaires owning stakes in Thermo Fisher Scientific Inc. (NYSE:TMO) include Andreas Halvorsen, Chris Hohn and Cliff Asness.

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