Bristol-Myers Squibb Co. (BMY) continues to see growth and outpace the S&P 500. Hedge funds were selling in the third quarter though the biopharmaceutical company landed on the WhaleWisdom Heat Map with a rank of four. Bristol-Myers significantly outperformed the S&P 500, rising by approximately 35% compared to the S&P’s loss of about 12%.

Danaher Corp. (DHR) experienced stock fluctuation over the past year but has seen modest growth in recent months. Danaher’s stock closely followed the S&P 500’s performance, falling by approximately 13% year-to-date as of December 8, 2022. Hedge funds were selling in the third quarter of 2022, and the company landed on the WhaleWisdom Heat Map with a rank of three.

Illumina, Inc.’s (ILMN) stock fell over the past six months. The stock underperformed the S&P 500, declining by roughly 40% compared to the S&P 500’s loss of around 12% over the past year. Hedge funds have been actively buying Illumina’s shares, and the stock landed on the WhaleWisdom Heatmap with a rank of seven.

Workday Inc. (WDAY) underperformed the S&P 500, seeing a loss of approximately 50% compared to the S&P 500’s loss of about 18% over the past year. Hedge funds were actively buying shares despite recent performance fluctuations, and the stock impressively rose to the top of the WhaleWisdom Heatmap in the third quarter of 2022.

Texas Instruments, Inc.’s (TXN) stock experienced a sharp decline over the past year but managed to outperform the S&P 500. It has been a tough year for the stock market, and Texas Instruments saw a decrease of approximately 9% compared to the S&P’s loss of about 18%. Hedge funds were actively selling the stock in the second quarter of 2022, though the stock’s value improved over the past month.