5 Blue Chip Stocks To Buy Now According To Billionaire Andreas Halvorsen

2. Microsoft Corporation (NASDAQ:MSFT)

Viking Global Investor’s Stake Value: $761,033,000

Percentage of Viking Global Investor’s Portfolio: 3.48%

Number of hedge fund holders: 258

Founded in 1975, Microsoft Corporation (NASDAQ:MSFT) is an American multinational technology corporation that operates within the information technology sector. Microsoft (NASDAQ:MSFT) primarily produces and sells personal computing devices, software, cloud system, and services. The company has also expanded into, among many other things, mixed reality, what with its recent investments in Metaverse. During Q2 2022, Viking Global decreased its stake in the company by 11%. The fund’s total stake in the company amounted to roughly $761 million, which represented 3.48% of its 13F portfolio.

Even in this poor macro-economic environment, Microsoft Corporation (NASDAQ:MSFT) managed to surpass $25 billion in quarterly revenue for the very first time in its fourth quarter’s report. The company performed well across all segments, including gaming, LinkedIn, Cloud, security and its most famous product, Windows. According to the management, no company is better positioned than Microsoft Corporation (NASDAQ:MSFT) to help organizations in all industries to help overcome digital challenges.

At the end of Q2 2022, 258 hedge funds tracked by Insider Monkey owned stakes in Microsoft Corporation (NASDAQ:MSFT). Fisher Asset Management was the stock’s leading stakeholder in Q2, owning Microsoft Corporation (NASDAQ:MSFT) shares worth over $7.3 billion. The fund’s position in the stock increased by 3% from Q1 2022.