Billionaire Dan Loeb’s Portfolio: Top 5 Stock Picks

3. Danaher Corporation (NYSE:DHR)

Third Point’s Stake Value: $607.85 Million
Percent of Portfolio: 9.21%
Number of Hedge Fund Holders: 103

According to recent filings, Third Point held 2.76 million shares of Danaher Corporation (NYSE:DHR) as of the end of the third quarter of 2023, valued at $607.85 million, accounting for 9.21% of the portfolio.

Baron Health Care Fund said the following about Danaher Corporation (NYSE:DHR) in its Q3 2023 investor letter:

“We added to Danaher Corporation (NYSE:DHR), which recently completed the spinoff of its non-life sciences businesses to become a pure-play life sciences tools company. Although near-term trends in the bioprocessing market remain challenging, we like the long-term growth drivers in this business and think Danaher is well positioned.”

Follow Danaher Corp (NYSE:DHR)

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