VIKING GLOBAL INVESTORS LP

Superinvestor · Andreas Halvorsen

CIK

1103804

Location

STAMFORD, CT

Portfolio Value

Mid $2,189,996,017

Diversification

Diversified

Filing Date

Global Rank

#188 / 8,581 ▼ 23

Top Industry

Biotechnology 6.6%

3Y Alpha vs SPY

-1.2%

Period ended 2 months ago

Filed May 15, 2026 · 29d

25 quarters · since Mar 2020

Portfolio Concentration

77 positions · as of Mar 31, 2026 · Δ vs Dec 31, 2025

Top Position

5.4%

+1.2 pts

Top 5

20.5%

+1.0 pts

Top 10

34.9%

+0.2 pts

HHI

227

Diversified+12

Portfolio Trend

25 quarters · across all stocks

Sector Breakdown

As of Mar 31, 2026

Sector	% Portfolio	Value	Positions
Financial Services	21.3%	$7,626,712,368	13
Consumer Cyclical	16.4%	$5,876,888,903	13
Healthcare	14.7%	$5,241,647,979	23
Technology	14.7%	$5,238,362,950	8
Industrials	13.9%	$4,984,598,326	11
Communication Services	9.9%	$3,545,404,530	5
Basic Materials	6.1%	$2,189,996,017	2
Real Estate	2.9%	$1,046,486,474	2

Last Quarter's Activity

Export CSV

Mar 31, 2026 vs Dec 31, 2025

Added To

Positions the filer increased

25 positions

Ticker	Company	Δ Shares	Shares	Value
CSX	Csx Corp	+4,860,513	18,678,052	$766,734,034
MDLN	Medline Inc.	+4,474,835	11,433,992	$508,812,644
FTV	Fortive Corp	+3,251,123	22,479,388	$1,242,660,568
AS	Amer Sports, Inc.	+2,456,186	7,270,476	$239,344,069
GM	General Motors Co	+2,370,848	9,176,943	$683,682,253
V	Visa Inc.	+2,343,980	6,328,185	$1,912,630,634
DIS	Walt Disney Co	+2,104,958	13,298,462	$1,281,705,767
CVNA	Carvana Co.	+1,718,502	2,780,035	$873,987,403
TIC	TIC Solutions, Inc.	+1,464,562	35,824,562	$235,725,617
SE	Sea Ltd	+1,065,651	4,737,196	$392,287,200
BMRN	Biomarin Pharmaceutical Inc	+1,025,141	7,062,077	$398,936,729
LII	Lennox International Inc	+951,108	1,572,419	$729,806,830
MAA	Mid America Apartment Communities Inc.	+918,356	4,798,404	$585,981,096
TMO	Thermo Fisher Scientific Inc.	+874,838	1,668,025	$819,884,328
JPM	Jpmorgan Chase & Co	+798,036	2,704,018	$795,413,934
TSLA	Tesla, Inc.	+793,820	2,493,561	$926,981,301
SCHW	Schwab Charles Corp	+792,049	14,664,954	$1,378,212,376
AON	Aon plc	+303,464	1,087,114	$350,898,656
PGR	Progressive Corp/Oh/	+285,021	1,616,559	$320,466,656
CB	Chubb Ltd	+281,172	1,295,011	$422,082,935
ROIV	Roivant Sciences Ltd.	+209,257	6,652,448	$184,272,809
WST	West Pharmaceutical Services Inc	+121,920	416,948	$104,503,846
HCA	HCA Healthcare, Inc.	+75,953	1,075,133	$508,795,940
ICE	Intercontinental Exchange, Inc.	+33,699	4,836,896	$760,747,002
MCD	Mcdonalds Corp	+5,814	3,625,029	$1,126,622,762
No positions match the current search.

Trimmed

Positions the filer reduced

22 positions

Ticker	Company	Δ Shares	Shares	Value
STLA	Stellantis N.V.	−23,082,283	15,980,268	$113,300,100
APG	APi Group Corp	−5,700,518	5,837,000	$236,515,240
PNC	Pnc Financial Services Group, Inc.	−4,259,976	3,027,092	$629,907,574
BBIO	BridgeBio Pharma, Inc.	−2,551,500	11,842,434	$879,419,148
AMZN	Amazon Com Inc	−1,931,388	1,195,428	$248,971,789
JCI	Johnson Controls International plc	−1,498,784	4,419,923	$578,788,916
COF	Capital One Financial Corp	−1,339,943	1,612,374	$294,145,388
DKS	Dick's Sporting Goods, Inc.	−1,308,799	1,264,170	$250,672,269
RAL	Ralliant Corp	−1,027,731	2,134,899	$88,790,449
MSFT	Microsoft Corp	−908,196	2,309,446	$854,887,625
TMUS	T-Mobile US, Inc.	−786,844	2,967,374	$623,237,561
BA	Boeing Co	−757,046	3,196,041	$636,108,040
ORIC	Oric Pharmaceuticals, Inc.	−748,158	5,824,533	$73,796,833
APD	Air Products & Chemicals, Inc.	−678,439	4,104,095	$1,192,198,556
TSM	Taiwan Semiconductor Manufacturing Co Ltd	−449,769	4,465,127	$1,508,989,669
CCL	Carnival Corp Ltd.	−340,479	13,721,348	$355,108,486
AJG	Arthur J. Gallagher & Co.	−313,536	727,441	$157,549,171
GOOGL	Alphabet Inc.	−270,407	2,395,865	$688,954,939
RRX	Regal Rexnord Corp	−81,089	3,142,851	$588,530,278
SHW	Sherwin Williams Co	−59,541	3,112,767	$997,797,461
CPT	Camden Property Trust	−49,101	4,715,394	$460,505,378
CLS	Celestica Inc	−44,247	1,654,989	$466,177,301
No positions match the current search.

New Positions

Positions the filer opened this quarter

20 positions

Ticker	Company	Shares	Value
AAPL	Apple Inc.	3,593,057	$911,881,936
FDX	Fedex Corp	1,932,165	$688,198,529
META	Meta Platforms, Inc.	1,062,575	$607,931,034
ATI	Ati Inc	3,332,843	$484,795,342
WAT	Waters Corp /De/	1,256,462	$374,174,383
HAS	Hasbro, Inc.	3,738,902	$349,961,227
RDDT	Reddit, Inc.	2,551,617	$343,575,229
AIG	American International Group, Inc.	4,221,223	$317,647,030
CBOE	Cboe Global Markets, Inc.	688,417	$193,493,366
HD	Home Depot, Inc.	504,257	$165,845,084
LULU	lululemon athletica inc.	980,568	$150,124,960
CRWV	CoreWeave, Inc.	1,397,438	$108,259,521
MANE	Veradermics, Inc	1,690,555	$106,758,548
IBKR	Interactive Brokers Group, Inc.	1,394,329	$93,517,646
EW	Edwards Lifesciences Corp	1,097,578	$87,894,046
DMRA	Damora Therapeutics, Inc.	2,311,082	$59,857,023
TWLO	Twilio Inc	450,770	$56,715,881
EQPT	EquipmentShare.com Inc	1,000,000	$20,370,000
FPS	Forgent Power Solutions, Inc.	650,000	$19,025,500
RLYB	Rallybio Corp	524,347	$4,703,392
No positions match the current search.

Sold Out

Positions the filer fully exited

18 positions

Ticker	Company	Shares	Value
AMD	Advanced Micro Devices Inc	3,742,191	$801,427,624
DKNG	DraftKings Inc.	19,119,912	$658,872,167
ROST	Ross Stores, Inc.	3,167,479	$570,589,667
CHWY	Chewy, Inc.	13,536,645	$447,386,117
UBS	UBS Group AG	9,128,817	$422,755,515
UNH	Unitedhealth Group Inc	1,197,273	$395,231,790
SAIA	Saia Inc	1,088,582	$355,443,794
TW	Tradeweb Markets Inc.	2,768,659	$297,741,588
BAC	Bank Of America Corp /De/	4,494,629	$247,204,595
BSX	Boston Scientific Corp	2,509,808	$239,310,192
DLR	Digital Realty Trust, Inc.	1,507,988	$233,300,823
LOW	Lowes Companies Inc	912,040	$219,947,566
FIG	Figma, Inc.	5,752,388	$214,966,739
ITUB	Itau Unibanco Holding S.A.	28,396,545	$203,319,262
RIOT	Riot Platforms, Inc.	12,428,894	$157,474,086
IQV	Iqvia Holdings Inc.	619,236	$139,581,986
CSGP	Costar Group, Inc.	1,442,582	$96,999,213
MASI	Masimo Corp	514,340	$66,895,060
No positions match the current search.

Portfolio Positions

Compact Export CSV View 13F filing

2 positions · $2,189,996,017 total · Basic Materials only · as of Mar 31, 2026

All sectors Basic Materials Communication Services Consumer Cyclical Financial Services Healthcare Industrials Real Estate Technology

Ticker	Company	Type	Shares	Δ Shares	Value (USD)	% Δ Value	Est. Price	% of Portfolio	History
APD	Air Products & Chemicals, Inc. Basic Materials	Reduced	4,104,095	-678,439	$1,192,198,556	+0.9%	$275.72	54.44%
SHW	Sherwin Williams Co Basic Materials	Reduced	3,112,767	-59,541	$997,797,461	−2.9%	$344.24	45.56%