Viking Global

Q2 2014 13F · by Andreas Halvorsen, CEO

As of: Jun 30, 2014
Filed: Aug 14, 2014
US stock: $22.9B · prev $23.8B
Positions: 62 · prev 60
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%

Moves79 since the prior filing

+26.2 pp in · −26.2 pp out

New 20 +10.77 pp
Added 16 +15.41 pp
Trimmed 25 −18.75 pp
Exited 18 −7.45 pp

The book

Focused · behaves like 30 equal-sized positions

Very concentrated
Concentrated
Focused
Diversified

High turnover · 96% a year, about 1.1 years per position

Low
Moderate
High

Top 5 positions29% of US stock

unresolved Walgreen Co trimmed−0.16 pp trimmed−0.166.5%
unresolved Valeant Pharmaceuticals Intl added+1.37 pp added+1.376.5%
ILMN Illumina Inc trimmed+0.70 pp trimmed+0.706.2%
LOW Lowe's Companies Inc. added+1.08 pp added+1.084.8%
LYB LyondellBasell Industries N.V. Class A trimmed−0.21 pp trimmed−0.214.6%

Positions62 in this filing · 18 exited


unresolvedWalgreen Co	6.52%	20,137,154	$1.5B	trimmed−16%	−0.16 pp	3 q
unresolvedValeant Pharmaceuticals Intl	6.51%	11,830,932	$1.5B	added+27%	+1.37 pp	5 q
ILMNIllumina Inc	6.23%	7,992,844	$1.4B	trimmed−10%	+0.70 pp	3 q
LOWLowe's Companies Inc.	4.80%	22,907,968	$1.1B	added+26%	+1.08 pp	4 q
LYBLyondellBasell Industries N.V. Class A	4.59%	10,771,736	$1.1B	trimmed−16%	−0.21 pp	5 q
TMOThermo Fisher Scientific, Inc.	4.26%	8,271,280	$976M	trimmed−14%	−0.62 pp	5 q
PXDPioneer Natural Resource Co.	4.09%	4,072,836	$936M	added×2.5	+2.80 pp	2 q
BIDUBaidu, Inc.	3.82%	4,681,428	$875M	added+10%	+1.11 pp	4 q
COFCapital One Financial	3.67%	10,165,787	$840M	trimmed−7%	+0.14 pp	5 q
REGNRegeneron Pharmaceuticals Inc	3.65%	2,963,456	$837M	added×2.8	+2.33 pp	2 q
MAMastercard Incorporated	3.15%	9,820,830	$722M	added+27%	+0.73 pp	5 q
unresolvedMonsanto Co	3.15%	5,780,631	$721M	added+87%	+1.67 pp	5 q
MHKMohawk Industries, Inc.	2.74%	4,543,823	$629M	added+81%	+1.31 pp	3 q
MDLZMondelez International, Inc. Class A	2.61%	15,898,877	$598M	added+4%	+0.39 pp	3 q
MUMicron Technology, Inc.	2.55%	17,699,068	$583M	trimmed−14%	+0.50 pp	5 q
NFLXNetFlix Inc	2.53%	1,317,517	$580M	new	+2.53 pp	new
VVISA Inc.	2.52%	2,744,653	$578M	trimmed−0%	+0.03 pp	5 q
TWXTime Warner Inc	2.41%	7,872,453	$553M	trimmed−64%	−3.52 pp	5 q
unresolvedCanadian Pac Ry Ltd	2.38%	3,004,242	$544M	trimmed−25%	−0.16 pp	3 q
unresolvedTwenty First Centy Fox Inc	2.03%	13,229,932	$465M	trimmed−65%	−3.06 pp	4 q
unresolvedSalix Pharmaceuticals Ltd	1.56%	2,889,303	$356M	added+86%	+0.89 pp	2 q
unresolvedCameron International Corp	1.45%	4,889,535	$331M	trimmed−37%	−0.57 pp	4 q
KSUKansas City Southern	1.42%	3,027,831	$326M	added+65%	+0.63 pp	2 q
ALXNAlexion Pharmaceuticals Inc	1.37%	2,006,092	$313M	added+9%	+0.20 pp	5 q
STZConstellation Brands, Inc.	1.27%	3,308,832	$292M	trimmed−53%	−1.23 pp	4 q
METAMeta Platforms, Inc. Class A	1.20%	4,087,288	$275M	trimmed−54%	−1.03 pp	4 q
unresolvedActavis PLC	1.18%	1,207,824	$269M	added+11%	+0.24 pp	3 q
DVADaVita Inc.	1.10%	3,489,084	$252M	added+82%	+0.55 pp	3 q
unresolvedNewfield Expl Co	1.04%	5,364,990	$237M	new	+1.04 pp	new
unresolvedMichael Kors Hldgs Ltd	1.03%	2,658,573	$236M	trimmed−60%	−1.58 pp	5 q
AAPLApple Inc.	0.93%	2,286,178	$212M	new	+0.93 pp	new
VLOValero Energy Corporation	0.92%	4,218,837	$211M	trimmed−65%	−1.78 pp	5 q
WDAYWorkday, Inc. Class A	0.89%	2,271,588	$204M	trimmed−27%	−0.31 pp	2 q
HRBH&R Block, Inc.	0.87%	6,133,995	$200M	trimmed−64%	−1.29 pp	5 q
CTSHCognizant Technology Solutions	0.84%	3,915,440	$192M	new	+0.84 pp	new
unresolvedHilton Worldwide Hldgs Inc	0.78%	7,681,424	$179M	new	+0.78 pp	new
RLRalph Lauren Corporation	0.74%	1,048,443	$168M	new	+0.74 pp	new
unresolvedAllergan Inc	0.59%	803,369	$136M	new	+0.59 pp	new
ADSKAutodesk Inc	0.55%	2,238,794	$126M	trimmed−61%	−0.63 pp	2 q
UHSUniversal Health Services, Inc. Class B	0.53%	1,277,443	$122M	trimmed−54%	−0.42 pp	5 q
ACADAcadia Pharmaceuticals Inc.	0.47%	4,757,878	$107M	added+32%	+0.10 pp	3 q
unresolvedWellpoint Inc	0.45%	954,285	$103M	new	+0.45 pp	new
unresolvedRite Aid Corp	0.42%	13,458,963	$97M	new	+0.42 pp	new
unresolvedPrecision Castparts Corp	0.36%	328,801	$83M	new	+0.36 pp	new
ZNGAZynga Inc. Cl A	0.36%	25,926,695	$83M	trimmed−9%	−0.15 pp	2 q
CTRPTrip.com Group Limited	0.33%	1,178,463	$75M	new	+0.33 pp	new
XECCimarex Energy Co	0.31%	498,700	$72M	new	+0.31 pp	new
unresolvedCrwn Castle Int'l Corp.	0.30%	918,640	$68M	trimmed−64%	−0.50 pp	5 q
TG7Triumph Group Inc	0.29%	956,398	$67M	trimmed−74%	−0.72 pp	5 q
ZBHZimmer Biomet Holdings, Inc.	0.27%	603,193	$63M	new	+0.27 pp	new
PFGPrincipal Financial Group, Inc.	0.25%	1,142,537	$58M	new	+0.25 pp	new
MLCOMelco Resorts & Entertainment Limited	0.24%	1,541,269	$55M	new	+0.24 pp	new
CNCCentene Corporation	0.23%	708,677	$54M	new	+0.23 pp	new
MYGNMyriad Genetics Inc	0.23%	1,330,294	$52M	new	+0.23 pp	new
ADBEAdobe Inc.	0.22%	685,000	$50M	trimmed−72%	−0.46 pp	5 q
ICPTIntercept Pharmaceuticals, Inc.	0.21%	208,077	$49M	trimmed−54%	−0.42 pp	2 q
STTState Street Corporation	0.18%	596,894	$40M	added+4%	+0.01 pp	2 q
BBBlackBerry Limited	0.17%	3,888,791	$40M	held	—	4 q
AALAmerican Airlines Group Inc.	0.10%	509,600	$22M	new	+0.10 pp	new
unresolvedSBA Comms Corp	0.07%	149,697	$15M	new	+0.07 pp	new
ALLEAllegion Public Limited Company	0.06%	234,242	$13M	new	+0.06 pp	new
CXOConcho Resources Inc.	0.01%	17,370	$3M	trimmed−99%	−1.30 pp	3 q
AIGAmerican International Group, Inc.	—	−6,323,360	—	exited	−1.33 pp	—
VZVerizon Communications	—	−4,420,635	—	exited	−0.88 pp	—
BACBank of America Corporation	—	−8,787,660	—	exited	−0.63 pp	—
USBU.S. Bancorp	—	−3,469,000	—	exited	−0.62 pp	—
unresolvedSt Jude Med Inc	—	−1,901,750	—	exited	−0.52 pp	—
unresolvedPriceline Grp Inc	—	−101,320	—	exited	−0.51 pp	—
BIIBBiogen Inc.	—	−388,900	—	exited	−0.50 pp	—
unresolvedYahoo Inc	—	−3,014,082	—	exited	−0.45 pp	—
unresolvedMylan Inc	—	−1,776,108	—	exited	−0.36 pp	—
unresolvedIng U S Inc	—	−1,833,700	—	exited	−0.28 pp	—
unresolvedShire PLC	—	−399,840	—	exited	−0.25 pp	—
unresolvedNorthstar Rlty Fin Corp	—	−3,614,560	—	exited	−0.24 pp	—
NXPINXP Semiconductors N.V.	—	−893,200	—	exited	−0.22 pp	—
METMetLife, Inc.	—	−866,500	—	exited	−0.19 pp	—
CMECME Group Inc.	—	−558,300	—	exited	−0.17 pp	—
HPHelmerich & Payne, Inc.	—	−299,100	—	exited	−0.13 pp	—
unresolvedQihoo 360 Technology Co. ADR	—	−321,900	—	exited	−0.13 pp	—
CTXSCitrix Systems Inc	—	−180,000	—	exited	−0.04 pp	—