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Benzinga
Benzinga
Business
Lekha Gupta

Billionaire Investor Dumps Thermo Fisher, Cuts Danaher As He Pares Life Sciences Tools Bets

Danaher Life Sciences Thermo Fisher Thermo Fisher Scientific Inc NYSE Agilent Technologies Inc Daniel Loeb Danaher Corporation Illumina Inc. TMO
West,Bangal,,India,-,April,20,,2022,:,Danaher,Corporation

Hedge fund billionaire Daniel Loeb reduced its exposure to life Sciences Tools & Services sector by cutting stake in Danaher Corporation (NYSE:DHR) and fully exiting position in Thermo Fisher Scientific Inc (NYSE:TMO) in the first quarter of 2026.

The investor reduced his stake in Danaher to 525,000 in the first quarter of 2026 from 600,000 in the fourth quarter of 2025. Meanwhile, he entirely sold a 50,000 stake in Thermo Fisher as of March 31, 2026.

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