Viking Global

Q3 2013 13F · by Andreas Halvorsen, CEO

As of: Sep 30, 2013
Filed: Nov 14, 2013
US stock: $18.1B · prev $18.0B
Positions: 59 · prev 59
Options notional: $0
Documents: 1· no amendments

Picture100.0% US stock

Full picture · of what this 13F reports is US stock

US stock listed on a US exchange 100.0%
Foreign stock not listed in the US 0.0%
Notes debt, at principal 0.0%
Puts at notional value 0.0%
Calls at notional value 0.0%

Moves85 since the prior filing

+37.2 pp in · −37.2 pp out

New 26 +26.77 pp
Added 13 +10.42 pp
Trimmed 20 −16.14 pp
Exited 26 −21.05 pp

The book

Focused · behaves like 30 equal-sized positions

Very concentrated
Concentrated
Focused
Diversified

High turnover · 142% a year, about 0.7 years per position

Low
Moderate
High

Top 5 positions26% of US stock

COF Capital One Financial added+0.85 pp added+0.856.0%
TMO Thermo Fisher Scientific, Inc. added+1.29 pp added+1.295.4%
TWX Time Warner Inc trimmed−3.14 pp trimmed−3.145.4%
unresolved Valeant Pharmaceuticals Intl trimmed+0.61 pp trimmed+0.615.2%
LOW Lowe's Companies Inc. new+4.57 pp new+4.574.6%

Positions59 in this filing · 26 exited


COFCapital One Financial	5.95%	15,680,804	$1.1B	added+7%	+0.85 pp	2 q
TMOThermo Fisher Scientific, Inc.	5.38%	10,570,770	$974M	added+22%	+1.29 pp	2 q
TWXTime Warner Inc	5.38%	14,817,831	$975M	trimmed−44%	−3.14 pp	2 q
unresolvedValeant Pharmaceuticals Intl	5.15%	8,949,608	$934M	trimmed−6%	+0.61 pp	2 q
LOWLowe's Companies Inc.	4.57%	17,382,222	$828M	new	+4.57 pp	new
unresolvedTwenty First Centy Fox Inc	4.54%	24,515,654	$822M	new	+4.54 pp	new
DHRDanaher Corporation	4.38%	11,436,737	$793M	trimmed−6%	+0.08 pp	2 q
unresolvedMichael Kors Hldgs Ltd	3.86%	9,393,711	$700M	trimmed−30%	−0.78 pp	2 q
LYBLyondellBasell Industries N.V. Class A	3.76%	9,309,665	$682M	trimmed−12%	−0.12 pp	2 q
CMCSAComcast Corp	3.65%	14,652,171	$661M	trimmed−33%	−1.44 pp	2 q
MUMicron Technology, Inc.	3.60%	37,349,100	$652M	added×5.0	+3.01 pp	2 q
BACBank of America Corporation	3.42%	44,900,440	$620M	new	+3.42 pp	new
MAMastercard Incorporated	2.83%	763,287	$514M	trimmed−12%	+0.07 pp	2 q
unresolvedActavis Inc	2.58%	3,248,936	$468M	added×2.3	+1.58 pp	2 q
unresolvedMonsanto Co	2.57%	4,459,945	$465M	added+6%	+0.27 pp	2 q
EMNEastman Chemical Company	2.49%	5,784,190	$451M	added+22%	+0.64 pp	2 q
VVISA Inc.	2.49%	2,362,800	$452M	trimmed−2%	+0.04 pp	2 q
HRBH&R Block, Inc.	2.39%	16,229,237	$433M	trimmed−26%	−1.00 pp	2 q
DISThe Walt Disney Company	2.36%	6,642,265	$428M	new	+2.36 pp	new
BIDUBaidu, Inc.	2.29%	2,672,750	$415M	new	+2.29 pp	new
ALXNAlexion Pharmaceuticals Inc	2.22%	3,454,640	$401M	trimmed−38%	−0.62 pp	2 q
METMetLife, Inc.	1.77%	6,836,900	$321M	added+76%	+0.78 pp	2 q
UHSUniversal Health Services, Inc. Class B	1.68%	4,046,906	$303M	added+7%	+0.27 pp	2 q
unresolvedYahoo Inc	1.66%	9,048,894	$300M	new	+1.66 pp	new
VLOValero Energy Corporation	1.56%	8,263,954	$282M	trimmed−41%	−1.15 pp	2 q
ADBEAdobe Inc.	1.53%	5,323,240	$276M	trimmed−16%	−0.08 pp	2 q
TG7Triumph Group Inc	1.38%	3,562,613	$250M	added+73%	+0.47 pp	2 q
unresolvedMcGraw Hill	1.32%	3,639,651	$239M	added+45%	+0.58 pp	2 q
METAMeta Platforms, Inc. Class A	1.23%	4,434,976	$223M	new	+1.23 pp	new
CRICarter's Inc.	1.18%	2,818,095	$214M	trimmed−5%	−0.04 pp	2 q
unresolvedEndo Health Sol'ns Inc.	0.81%	3,236,019	$147M	new	+0.81 pp	new
CTSHCognizant Technology Solutions	0.80%	1,775,400	$146M	new	+0.80 pp	new
ALLThe Allstate Corporation	0.66%	2,378,974	$120M	trimmed−67%	−1.29 pp	2 q
STZConstellation Brands, Inc.	0.66%	2,077,900	$119M	new	+0.66 pp	new
HCAHCA Healthcare, Inc.	0.66%	2,783,331	$119M	new	+0.66 pp	new
HUMHumana Inc.	0.62%	1,198,054	$112M	added+19%	+0.15 pp	2 q
WATWaters Corp	0.57%	974,002	$103M	new	+0.57 pp	new
unresolvedShire PLC	0.56%	849,800	$102M	added+23%	+0.19 pp	2 q
LVSLas Vegas Sands Corp.	0.54%	1,459,756	$97M	new	+0.54 pp	new
RHTRed Hat Inc	0.46%	1,807,479	$83M	new	+0.46 pp	new
unresolvedCrwn Castle Int'l Corp.	0.44%	1,099,632	$80M	trimmed−65%	−0.82 pp	2 q
ISRGIntuitive Surgical Inc.	0.44%	210,426	$79M	trimmed−88%	−4.37 pp	2 q
unresolvedEquinix Inc	0.40%	392,602	$72M	trimmed−53%	−0.46 pp	2 q
BIIBBiogen Inc.	0.39%	290,345	$70M	trimmed−70%	−0.77 pp	2 q
unresolvedUbs AG	0.37%	3,296,853	$67M	new	+0.37 pp	new
BBBlackBerry Limited	0.36%	8,110,800	$64M	new	+0.36 pp	new
unresolvedAegerion Pharmaceuticals Inc	0.35%	744,788	$64M	added×20.7	+0.34 pp	2 q
NUSNuSkin Enterprises, Inc.	0.31%	584,711	$56M	new	+0.31 pp	new
unresolvedCubist Pharms Inc.	0.21%	594,704	$38M	new	+0.21 pp	new
VRSKVerisk Analytics, Inc.	0.21%	590,111	$38M	trimmed−74%	−0.55 pp	2 q
unresolvedTesoro Corp	0.18%	723,102	$32M	new	+0.18 pp	new
WDAYWorkday, Inc. Class A	0.18%	403,200	$33M	new	+0.18 pp	new
HDHome Depot, Inc.	0.15%	349,156	$26M	new	+0.15 pp	new
unresolvedCameron International Corp	0.14%	444,900	$26M	new	+0.14 pp	new
unresolvedCelldex Therapeutics Inc New	0.13%	672,513	$24M	new	+0.13 pp	new
SHWThe Sherwin-Williams Company	0.07%	73,006	$13M	new	+0.07 pp	new
IVZInvesco LTD	0.07%	414,000	$13M	new	+0.07 pp	new
unresolvedAetna Inc New	0.06%	160,076	$10M	trimmed−85%	−0.31 pp	2 q
unresolvedColfax Corp	0.03%	99,723	$6M	new	+0.03 pp	new
BABoeing Company	—	−7,995,460	—	exited	−4.55 pp	—
CXCemex S.A.B. de C.V.	—	−63,547,228	—	exited	−3.74 pp	—
unresolvedNews Corp	—	−12,219,800	—	exited	−2.21 pp	—
DGDollar General Corp.	—	−4,294,497	—	exited	−1.20 pp	—
ELThe Estee Lauder Companies Inc. Class A	—	−3,077,334	—	exited	−1.12 pp	—
unresolvedPriceline Grp Inc	—	−214,078	—	exited	−0.98 pp	—
unresolvedIntercontinental Exchange Ange	—	−933,127	—	exited	−0.92 pp	—
unresolvedResearch In Motion	—	−14,062,855	—	exited	−0.82 pp	—
QCOMQualcomm Inc	—	−2,363,199	—	exited	−0.80 pp	—
MPCMarathon Petroleum Corporation	—	−1,595,307	—	exited	−0.63 pp	—
unresolvedMedivation Inc	—	−1,685,216	—	exited	−0.46 pp	—
CSCOCisco Systems, Inc. (DE)	—	−2,857,400	—	exited	−0.39 pp	—
unresolvedElan PLC	—	−4,661,400	—	exited	−0.37 pp	—
MCOMoody's Corporation	—	−1,106,078	—	exited	−0.37 pp	—
unresolvedSanDisk Corp	—	−1,077,000	—	exited	−0.37 pp	—
CYHCommunity Health Systems, Inc.	—	−1,335,900	—	exited	−0.35 pp	—
1885807DAthenahealth Inc	—	−713,531	—	exited	−0.34 pp	—
GILDGilead Sciences Inc	—	−929,539	—	exited	−0.26 pp	—
AAPLApple Inc.	—	−112,200	—	exited	−0.25 pp	—
unresolvedTime Warner Cable Inc	—	−309,600	—	exited	−0.19 pp	—
DISHDISH Network Corp.	—	−641,000	—	exited	−0.15 pp	—
unresolvedAmerican Capital Agency Corp	—	−1,071,311	—	exited	−0.14 pp	—
SRPTSarepta Therapeutics,, Inc.	—	−668,175	—	exited	−0.14 pp	—
VARVarian Medical Systems, Inc.	—	−317,605	—	exited	−0.12 pp	—
RFRegions Financial Corp.	—	−2,049,170	—	exited	−0.11 pp	—
DHID.R. Horton Inc.	—	−622,000	—	exited	−0.07 pp	—