GuruFocus Premium Membership

Serving Intelligent Investors since 2004. Only 96 cents a day.

Free Trial

Free 7-day Trial
All Articles and Columns »

Viking Global Investors - Investing in Giants

July 22, 2013 | About:
Sally Jones

Sally Jones

49 followers
One of most successful Tiger Cubs, Andreas Halvorsen, co-founder and CEO of Viking Global Investors LP, is also a former Norwegian Navy Seal. His portfolio is weighted with top sectors as consumer cyclical at 19.4%, healthcare at 18.3 and financial services at 14.2%. Halvorsen’s portfolio shows 61 stocks, 29 of them new, with a total value of $16.67 billion and a quarter-over-quarter turnover of 45%.

Here’s a review of the portfolio’s top three, giants in media aerospace, and a medical instruments company that may eventually grow a much wider following for robotic surgery.

Up 65% over 12 Months

No. 1: Time Warner Inc. (TWX)

Weighting: 7.7%

Shares Owned: 22,364,094

Share Price: $61.77

With 2.39% shares outstanding in this media giant, Andreas Halvorsen is the second top Guru shareholder of TWX, second only to Dodge & Cox. Halvorsen’s trading history shows an average gain of 42% on about 22.3 million shares bought at an average price of $43.41.



Time Warner Inc. (TWX), a media and entertainment company, has a market cap of $58.03 billion; its shares were traded at around $61.77 with a P/E ratio of 19.00 and P/S ratio of 2.08. The dividend yield of Time Warner stocks is 1.77%.

1374442394829.png

Up 47% over 12 Months

No. 2: Boeing Co. (BA)

Weighting: 6.4%

Shares Owned: 12,375,078

Share Price: $106.96

With 1.64% shares outstanding in this aerospace giant, Andreas Halvorsen is the top Guru shareholder of BA. His trading history shows the he bought 12,375,078 shares in the first quarter of 2013 for a gain of 36.8%. He bought at an average price of $78.17, compared to the current price at $106.96.

Originally incorporated in the State of Washington in 1916, Boeing Co. (BA) has a market cap of $163.31 billion; its shares were traded at around $106.96 with a P/E ratio of 20.00 and P/S ratio of 1.01. The dividend yield of Boeing Co. stocks is 1.73%. Boeing Co. had an annual average earnings growth of 13.9% over the past 10 years. GuruFocus rated Boeing Co. the business predictability rank of 3-star.

Historical pricing:

1374442864531.png

Down 18% over 12 Months

No. 3: Intuitive Surgical Inc. (ISRG)

Weighting: 5.4%

Shares Owned: 1,850,153

Share Price: $392.67

With 4.61% shares outstanding of the company that makes the Da Vinci brand and others, Andreas Halvorsen is also the top Guru shareholder of ISRG. The Da Vinci system is a computer-based platform for minimally invasive robotic surgery, bridging the medical and high-tech worlds.

Halvorsen’s trading history shows ISRG is another fairly new holding. He first bought 87,000 shares in the third quarter of 2012 taking a loss of 22.8% at an average price of $508.36, compared to the current price of $392.67, representing another major dip.

In three quarters of trading, Halvorsen’s trading history shows he averaged a loss of 26% on 1,850,153 shares bought at an average price of $528.18 per share.



Founded in 1995, Intuitive Surgical Inc. (ISRG) makes high-performance, computer-enhanced surgical instruments and accessories intended to be the leading edge of a new generation of surgery. The company has a market cap of $16.93 billion; its shares were traded at around $392.67 with a P/E ratio of 23.10 and P/S ratio of 7.05. Intuitive Surgical has had an annual average earnings growth of 29.1% over the past 5 years.

1374443352578.png

With offices in Hong Kong, London and New York, Viking Global Investors LP, formed in 1999, is based in Connecticut. Viking Global manages two hedge funds invested in equities worldwide.

Here is the complete portfolio of Andreas Halvorsen.



1. Andreas Halvorsen's Undervalued Stocks

2. Andreas Halvorsen's Top Growth Companies

3. Andreas Halvorsen's High Yield stocks

4. Stocks that Andreas Halvorsen keeps buying



If you are not yet a Premium Member, we invite you for a 7-day Free Trial.

Use the GuruFocus Value Screen to find 52-Week Lows and discover potentially deep value stocks held by billionaire Guru investors.

GuruFocus Real Time Picks reports the stock purchases and sales that Gurus have made within the prior 2 weeks. The report time lag can be as short as 2 days after the date of the transaction. This feature is for Premium Members only.

The GuruFocus Score Board of Gurus shows which investors produced the largest average returns in the past 6 and 12 months, as well as on a historical basis.

About the author:

Sally Jones
Sally Jones writes about Real Time Picks. She says, "I truly enjoy watching the Gurus in realtime and telling their story."

Rating: 3.8/5 (4 votes)

Comments

Please leave your comment:


Get WordPress Plugins for easy affiliate links on Stock Tickers and Guru Names | Earn affiliate commissions by embedding GuruFocus Charts
GuruFocus Affiliate Program: Earn up to $400 per referral. ( Learn More)
Free 7-day Trial
FEEDBACK