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Funds
4
Score
5.05
vs SPY
+31.1%
Stock return (since Q-end)
+35.1%
SPY return (since Q-end)
+4.0%
Current price
$676.76
Days to cover (short int.)
2.7d↓-11.8%
as of 2026-09-15
News Summary
PositiveThermo Fisher delivered a strong Q2 2026 beat with 10% revenue growth and 13% adjusted EPS growth, prompting raised full-year guidance by ~$300M. The company completed the transformational $8.8B Clario acquisition to strengthen its clinical research platform while divesting its microbiology business, demonstrating active portfolio optimization.
Red flags
- •HSBC downgrade (June 2026) citing growth concerns with price target cut from $670 to $540, suggesting valuation/growth sustainability questions persist despite Q2 beat
- •Organic revenue growth of 5% significantly lags reported 10% growth, indicating acquisition-dependency rather than organic momentum
- •Analyst sentiment remains mixed with Hold ratings from both Bernstein and HSBC offsetting UBS upgrade, reflecting investor uncertainty
Funds Buying (4)
| Fund | Manager | Shares Held | ∆ Shares | Position Value | % of Fund | QoQ | Status |
|---|---|---|---|---|---|---|---|
| Viking Global | Andreas Halvorsen | 1.9M | +269K | $971M | 2.8% | +16% | Existing |
| D1 Capital | Dan Sundheim | 817K | +92K | $410M | 1.2% | +13% | Existing |
| Glenview Capital | Larry Robbins | 627K | +377K | $314M | 6.3% | +150% | Existing |
| Duquesne Family Office | Stanley Druckenmiller | 19K | +19K | $10M | 0.2% | — | NEW |
Shares Held and Position Value reflect total quarter-end holdings. ∆ Shares is the change from the prior quarter. % of Fund is the position's share of the fund's reported equity portfolio — it drives the size weighting in the conviction score.
Portfolio Context
Where TMO ranks in each buying fund's book, and the positions immediately around it. What a holding sits next to often says more about the thesis than the position size does.
Glenview Capital
position #4 of this fund's book
- 1GLOBAL PMTS INC$646M
- 2CVS HEALTH CORP$499M
- 3TENET HEALTHCARE CORP$418M
- 4THERMO FISHER SCIENTIFIC INC$314M
- 5AMAZON COM INC$303M
- 6AGILENT TECHNOLOGIES INC$262M
- 7DANAHER CORP DEL$218M
Viking Global
position #8 of this fund's book
- 5FORTIVE CORP$1,218M
- 6META PLATFORMS INC$1,052M
- 7SCHWAB CHARLES CORP$982M
- 8THERMO FISHER SCIENTIFIC INC$971M
- 9JPMORGAN CHASE & CO$949M
- 10LENNOX INTL INC$912M
- 11AMAZON COM INC$882M
D1 Capital
position #11 of this fund's book
- 8DANAHER CORP DEL$435M
- 9SHERWIN WILLIAMS CO$431M
- 10REDDIT INC$428M
- 11THERMO FISHER SCIENTIFIC INC$410M
- 12KILROY REALTY CORP$393M
- 13CLEAN HARBORS INC$393M
- 14SOMNIGROUP INTERNATIONAL INC$390M
Values are quarter-end position sizes. Shown only for funds where TMO ranks inside their 40 largest equity positions — below that, neighbouring names carry no signal. Adjacency is an inference about a fund's reasoning, not a disclosure of it.
Signal History
| Quarter | Direction | Funds | Score | vs SPY |
|---|---|---|---|---|
| Q2 2026 | LONG | 4 | 5.05 | +31.1% |
| Q1 2026 | LONG | 4 | 6.23 | +0.1% |
Same issuer appearing in consecutive quarters — persistent institutional conviction. Returns are frozen at each archived quarter's last refresh.
Insider Activity
| Name | Title | Type | Shares | Price | Value | Filed | Src |
|---|---|---|---|---|---|---|---|
| Pettiti Gianluca | President & COO | SELL | 400 | $614.38 | $0.25M | 2026-08-31 | ↗ |
| Pettiti Gianluca | President & COO | SELL | 4K | $614.38 | $2.29M | 2026-08-31 | ↗ |
| CASPER MARC N | Chairman & CEO | SELL | 62 | $628.74 | $0.04M | 2026-08-24 | ↗ |
| CASPER MARC N | Chairman & CEO | SELL | 79 | $628.01 | $0.05M | 2026-08-24 | ↗ |
| CASPER MARC N | Chairman & CEO | SELL | 33 | $626.59 | $0.02M | 2026-08-24 | ↗ |
| CASPER MARC N | Chairman & CEO | SELL | 101 | $625.41 | $0.06M | 2026-08-24 | ↗ |
| CASPER MARC N | Chairman & CEO | SELL | 3K | $626.51 | $1.89M | 2026-08-21 | ↗ |
| CASPER MARC N | Chairman & CEO | SELL | 3K | $625.46 | $1.71M | 2026-08-21 | ↗ |
| CASPER MARC N | Chairman & CEO | SELL | 2K | $627.39 | $1.12M | 2026-08-21 | ↗ |
| CASPER MARC N | Chairman & CEO | SELL | 2K | $628.61 | $1.35M | 2026-08-21 | ↗ |
| CASPER MARC N | Chairman & CEO | SELL | 321 | $629.10 | $0.20M | 2026-08-21 | ↗ |
| CASPER MARC N | Chairman & CEO | SELL | 909 | $625.45 | $0.57M | 2026-08-20 | ↗ |
| CASPER MARC N | Chairman & CEO | SELL | 3K | $628.82 | $1.64M | 2026-08-20 | ↗ |
| CASPER MARC N | Chairman & CEO | SELL | 1K | $627.66 | $0.82M | 2026-08-20 | ↗ |
| CASPER MARC N | Chairman & CEO | SELL | 821 | $626.83 | $0.51M | 2026-08-20 | ↗ |
| CASPER MARC N | Chairman & CEO | SELL | 560 | $632.94 | $0.35M | 2026-08-20 | ↗ |
| CASPER MARC N | Chairman & CEO | SELL | 80 | $633.99 | $0.05M | 2026-08-20 | ↗ |
| CASPER MARC N | Chairman & CEO | SELL | 1K | $629.85 | $0.79M | 2026-08-20 | ↗ |
| CASPER MARC N | Chairman & CEO | SELL | 1K | $630.87 | $0.65M | 2026-08-20 | ↗ |
| CASPER MARC N | Chairman & CEO | SELL | 1K | $632.01 | $0.90M | 2026-08-20 | ↗ |
| Britt Lisa P. | Sr. VP and Chief HR Officer | SELL | 11K | $613.12 | $7.01M | 2026-08-19 | ↗ |
| Shafer Michael D | Executive Vice President | SELL | 11K | $600.00 | $6.72M | 2026-08-11 | ↗ |
| Shafer Michael D | Executive Vice President | SELL | 14K | $600.00 | $8.58M | 2026-08-11 | ↗ |
| CASPER MARC N | Chairman & CEO | SELL | 945 | $586.52 | $0.55M | 2026-08-07 | ↗ |
| CASPER MARC N | Chairman & CEO | SELL | 228 | $587.64 | $0.13M | 2026-08-07 | ↗ |
| CASPER MARC N | Chairman & CEO | SELL | 522 | $589.52 | $0.31M | 2026-08-07 | ↗ |
| CASPER MARC N | Chairman & CEO | SELL | 495 | $590.78 | $0.29M | 2026-08-07 | ↗ |
| CASPER MARC N | Chairman & CEO | SELL | 117 | $593.31 | $0.07M | 2026-08-07 | ↗ |
| CASPER MARC N | Chairman & CEO | SELL | 12 | $587.64 | $0.01M | 2026-08-07 | ↗ |
| Holmes Joseph R. | VP & Chief Accounting Officer | SELL | 420 | $584.81 | $0.25M | 2026-08-07 | ↗ |
| CASPER MARC N | Chairman & CEO | SELL | 6 | $577.37 | $0.00M | 2026-08-07 | ↗ |
| CASPER MARC N | Chairman & CEO | SELL | 4 | $579.26 | $0.00M | 2026-08-07 | ↗ |
| CASPER MARC N | Chairman & CEO | SELL | 2 | $579.27 | $0.00M | 2026-08-07 | ↗ |
| CASPER MARC N | Chairman & CEO | SELL | 4 | $580.71 | $0.00M | 2026-08-07 | ↗ |
| CASPER MARC N | Chairman & CEO | SELL | 3 | $580.72 | $0.00M | 2026-08-07 | ↗ |
| CASPER MARC N | Chairman & CEO | SELL | 5 | $581.85 | $0.00M | 2026-08-07 | ↗ |
| CASPER MARC N | Chairman & CEO | SELL | 2 | $581.86 | $0.00M | 2026-08-07 | ↗ |
| CASPER MARC N | Chairman & CEO | SELL | 18 | $583.37 | $0.01M | 2026-08-07 | ↗ |
| CASPER MARC N | Chairman & CEO | SELL | 63 | $584.40 | $0.04M | 2026-08-07 | ↗ |
| CASPER MARC N | Chairman & CEO | SELL | 30 | $585.42 | $0.02M | 2026-08-07 | ↗ |
| CASPER MARC N | Chairman & CEO | SELL | 58 | $586.53 | $0.03M | 2026-08-07 | ↗ |
| CASPER MARC N | Chairman & CEO | SELL | 32 | $589.51 | $0.02M | 2026-08-07 | ↗ |
| CASPER MARC N | Chairman & CEO | SELL | 29 | $590.77 | $0.02M | 2026-08-07 | ↗ |
| CASPER MARC N | Chairman & CEO | SELL | 7 | $593.32 | $0.00M | 2026-08-07 | ↗ |
| CASPER MARC N | Chairman & CEO | SELL | 94 | $577.37 | $0.05M | 2026-08-07 | ↗ |
| CASPER MARC N | Chairman & CEO | SELL | 114 | $579.26 | $0.07M | 2026-08-07 | ↗ |
| CASPER MARC N | Chairman & CEO | SELL | 113 | $580.71 | $0.07M | 2026-08-07 | ↗ |
| CASPER MARC N | Chairman & CEO | SELL | 113 | $581.85 | $0.07M | 2026-08-07 | ↗ |
| CASPER MARC N | Chairman & CEO | SELL | 302 | $583.35 | $0.18M | 2026-08-07 | ↗ |
| CASPER MARC N | Chairman & CEO | SELL | 1K | $584.41 | $0.60M | 2026-08-07 | ↗ |
| CASPER MARC N | Chairman & CEO | SELL | 530 | $585.44 | $0.31M | 2026-08-07 | ↗ |
| Britt Lisa P. | Sr. VP and Chief HR Officer | SELL | 6K | $580.00 | $3.39M | 2026-08-06 | ↗ |
| CASPER MARC N | Chairman & CEO | SELL | 480 | $571.05 | $0.27M | 2026-08-06 | ↗ |
| CASPER MARC N | Chairman & CEO | SELL | 2K | $572.43 | $0.93M | 2026-08-06 | ↗ |
| CASPER MARC N | Chairman & CEO | SELL | 3K | $573.53 | $1.46M | 2026-08-06 | ↗ |
| CASPER MARC N | Chairman & CEO | SELL | 2K | $574.40 | $0.93M | 2026-08-06 | ↗ |
| CASPER MARC N | Chairman & CEO | SELL | 2K | $575.46 | $1.25M | 2026-08-06 | ↗ |
| CASPER MARC N | Chairman & CEO | SELL | 480 | $576.46 | $0.28M | 2026-08-06 | ↗ |
| CASPER MARC N | Chairman & CEO | SELL | 451 | $577.43 | $0.26M | 2026-08-06 | ↗ |
| CASPER MARC N | Chairman & CEO | SELL | 321 | $578.67 | $0.19M | 2026-08-06 | ↗ |
| CASPER MARC N | Chairman & CEO | SELL | 311 | $579.90 | $0.18M | 2026-08-06 | ↗ |
| CASPER MARC N | Chairman & CEO | SELL | 240 | $571.00 | $0.14M | 2026-08-06 | ↗ |
| CASPER MARC N | Chairman & CEO | SELL | 660 | $572.33 | $0.38M | 2026-08-06 | ↗ |
| CASPER MARC N | Chairman & CEO | SELL | 1K | $573.34 | $0.69M | 2026-08-06 | ↗ |
| CASPER MARC N | Chairman & CEO | SELL | 1K | $574.28 | $0.58M | 2026-08-06 | ↗ |
| CASPER MARC N | Chairman & CEO | SELL | 1K | $575.41 | $0.61M | 2026-08-06 | ↗ |
| CASPER MARC N | Chairman & CEO | SELL | 225 | $576.09 | $0.13M | 2026-08-06 | ↗ |
| CASPER MARC N | Chairman & CEO | SELL | 361 | $577.57 | $0.21M | 2026-08-06 | ↗ |
| CASPER MARC N | Chairman & CEO | SELL | 119 | $578.93 | $0.07M | 2026-08-06 | ↗ |
| CASPER MARC N | Chairman & CEO | SELL | 127 | $580.01 | $0.07M | 2026-08-06 | ↗ |
| CASPER MARC N | Chairman & CEO | SELL | 157 | $566.25 | $0.09M | 2026-08-05 | ↗ |
| CASPER MARC N | Chairman & CEO | SELL | 130 | $567.92 | $0.07M | 2026-08-05 | ↗ |
| CASPER MARC N | Chairman & CEO | SELL | 105 | $569.24 | $0.06M | 2026-08-05 | ↗ |
| CASPER MARC N | Chairman & CEO | SELL | 53 | $569.76 | $0.03M | 2026-08-05 | ↗ |
| CASPER MARC N | Chairman & CEO | SELL | 135 | $571.49 | $0.08M | 2026-08-05 | ↗ |
| CASPER MARC N | Chairman & CEO | SELL | 431 | $573.08 | $0.25M | 2026-08-05 | ↗ |
| CASPER MARC N | Chairman & CEO | SELL | 1K | $574.03 | $0.68M | 2026-08-05 | ↗ |
| CASPER MARC N | Chairman & CEO | SELL | 2K | $574.98 | $1.28M | 2026-08-05 | ↗ |
| CASPER MARC N | Chairman & CEO | SELL | 3K | $576.05 | $1.69M | 2026-08-05 | ↗ |
| CASPER MARC N | Chairman & CEO | SELL | 3K | $576.82 | $1.49M | 2026-08-05 | ↗ |
| CASPER MARC N | Chairman & CEO | SELL | 75 | $577.56 | $0.04M | 2026-08-05 | ↗ |
| CASPER MARC N | Chairman & CEO | SELL | 79 | $566.26 | $0.04M | 2026-08-05 | ↗ |
| CASPER MARC N | Chairman & CEO | SELL | 66 | $567.94 | $0.04M | 2026-08-05 | ↗ |
| CASPER MARC N | Chairman & CEO | SELL | 38 | $569.13 | $0.02M | 2026-08-05 | ↗ |
| CASPER MARC N | Chairman & CEO | SELL | 40 | $569.69 | $0.02M | 2026-08-05 | ↗ |
| CASPER MARC N | Chairman & CEO | SELL | 68 | $571.50 | $0.04M | 2026-08-05 | ↗ |
| CASPER MARC N | Chairman & CEO | SELL | 216 | $573.08 | $0.12M | 2026-08-05 | ↗ |
| CASPER MARC N | Chairman & CEO | SELL | 590 | $574.03 | $0.34M | 2026-08-05 | ↗ |
| CASPER MARC N | Chairman & CEO | SELL | 1K | $574.98 | $0.64M | 2026-08-05 | ↗ |
| CASPER MARC N | Chairman & CEO | SELL | 1K | $576.05 | $0.84M | 2026-08-05 | ↗ |
| CASPER MARC N | Chairman & CEO | SELL | 1K | $576.83 | $0.74M | 2026-08-05 | ↗ |
| CASPER MARC N | Chairman & CEO | SELL | 37 | $577.56 | $0.02M | 2026-08-05 | ↗ |
| Pettiti Gianluca | President & COO | SELL | 400 | $565.00 | $0.23M | 2026-07-27 | ↗ |
Beneficial Ownership (13D/13G)
| Filer | Form | Shares | % of Class | Filed | Src |
|---|---|---|---|---|---|
| Vanguard Capital Management | SC 13G | 28.0M | 7.5% | 2026-04-30 | ↗ |
SC 13D = active intent to influence control (10-day filing deadline after crossing 5%). SC 13G = passive accumulation, no intent to influence control.
Congressional Trading
| Member | Chamber | State | Type | Amount Range | Transaction Date | Filed | Src |
|---|---|---|---|---|---|---|---|
| Alan Armstrong | senate | — | BUY | $1,001 - $15,000 | 2026-03-27 | 2026-07-21 | ↗ |
Periodic Transaction Reports filed under the STOCK Act. Amounts are disclosed as ranges, not exact dollar figures.