Viking Global’s Top 5 Stocks

In this article, we discuss the top 5 stocks in Viking Global’s portfolio. If you want our detailed analysis of these stocks, go directly to Viking Global’s Top 10 Stocks.

5. Humana Inc. (NYSE:HUM)

Percentage of Viking Global’s 13F Portfolio: 3.24%

Viking Global’s Stake Value: $1,170,226,000

Number of Hedge Fund Holders: 7

Humana Inc. (NYSE:HUM), a health insurance company, is one of the top stocks in Viking Global’s portfolio. Between June and September last year, the hedge fund increased its stake in the Kentucky-based Medicare program provider by 412%. At the end of Q3, Viking Global had a stake worth $1.2 billion in Humana Inc. (NYSE:HUM).

On the second week of February, Humana Inc. (NYSE:HUM) stock gained 11% after the Centers for Medicare & Medicaid Services (CMS) announced a proposed increase in Medicare rates in 2023. Recently, the health insurance firm reported its Q4 earnings, which fell short of revenue expectations, but overall sales grew 10.4% to $21.05 billion in the fourth quarter of 2021. Following strong Q4 results, investment banking firm Deutsche Bank increased its price target for Humana Inc. (NYSE:HUM) to $435 from $418 while maintaining a Hold rating on the shares. 

At the end of the third quarter of 2021, 60 elite funds tracked by Insider Monkey had a total stake of $2.9 billion in Humana Inc. (NYSE:HUM), up from 59 hedge funds in Q2 with a total stake of $3.26 billion.