5 Stocks to Buy According to Billionaire Andreas Halvorsen’s Viking Global

1. Ginkgo Bioworks Holdings, Inc. (NYSE:DNA)

Viking Global’s Stake Value: $2,592,479,000

Percentage of Viking Global’s 13F Portfolio: 7.51%

Number of Hedge Fund Holders: 30

Ginkgo Bioworks Holdings, Inc. (NYSE:DNA) is a biotech company based in Massachusetts, specializing in genetics engineering, producing bacteria with industrial applications. 

Andreas Halvorsen’s Viking Global held a $2.59 billion stake in Ginkgo Bioworks Holdings, Inc. (NYSE:DNA) during the fourth quarter of 2021, which represents 7.51% of the fund’s total 13F securities. Ginkgo Bioworks Holdings, Inc. (NYSE:DNA) is the largest holding in Viking Global’s Q4 portfolio. 

BTIG analyst Mark Massaro on January 6 initiated coverage of Ginkgo Bioworks Holdings, Inc. (NYSE:DNA) with a Buy rating and a $12 price target. McKinsey estimates that the global market for bioengineered, or “synthetic biology” products like those pursued by Ginkgo Bioworks Holdings, Inc. (NYSE:DNA) may reach $2 trillion to $4 trillion annually by 2040 and $3 trillion to 5 trillion by 2050. 

Among the 924 hedge funds tracked by Insider Monkey in Q4 2021, 30 funds reported owning stakes worth $4.2 billion in Ginkgo Bioworks Holdings, Inc. (NYSE:DNA).

You can also take a look at 10 Micro-Cap Stocks to Buy According to Cathie Wood and 10 Cheap Growth Stocks to Buy According to Billionaire Steve Cohen. 

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