Viking Global

Q3 2014 13F · by Andreas Halvorsen, CEO

As of: Sep 30, 2014
Filed: Nov 14, 2014
US stock: $24.9B · prev $22.9B
Positions: 59 · prev 62
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%

Moves86 since the prior filing

+32.7 pp in · −32.7 pp out

New 24 +25.80 pp
Added 19 +6.92 pp
Trimmed 16 −17.90 pp
Exited 27 −14.82 pp

The book

Focused · behaves like 34 equal-sized positions

Very concentrated
Concentrated
Focused
Diversified

High turnover · 123% a year, about 0.8 years per position

Low
Moderate
High

Top 5 positions25% of US stock

ILMN Illumina Inc added−0.54 pp added−0.545.7%
PXD Pioneer Natural Resource Co. added+1.28 pp added+1.285.4%
unresolved Valeant Pharmaceuticals Intl trimmed−1.26 pp trimmed−1.265.3%
unresolved Walgreen Co added−1.59 pp added−1.594.9%
LOW Lowe's Companies Inc. trimmed−0.67 pp trimmed−0.674.1%

Positions59 in this filing · 27 exited


ILMNIllumina Inc	5.69%	8,650,670	$1.4B	added+8%	−0.54 pp	4 q
PXDPioneer Natural Resource Co.	5.37%	6,783,641	$1.3B	added+67%	+1.28 pp	3 q
unresolvedValeant Pharmaceuticals Intl	5.25%	9,967,690	$1.3B	trimmed−16%	−1.26 pp	6 q
unresolvedWalgreen Co	4.93%	20,711,731	$1.2B	added+3%	−1.59 pp	4 q
LOWLowe's Companies Inc.	4.13%	19,424,638	$1.0B	trimmed−15%	−0.67 pp	5 q
BABAAlibaba Group Holding Limited	4.06%	11,387,526	$1.0B	new	+4.06 pp	new
TMOThermo Fisher Scientific, Inc.	3.90%	7,976,502	$971M	trimmed−4%	−0.36 pp	6 q
MAMastercard Incorporated	3.88%	13,056,351	$965M	added+33%	+0.73 pp	6 q
LYBLyondellBasell Industries N.V. Class A	3.11%	7,125,171	$774M	trimmed−34%	−1.48 pp	6 q
CCitigroup Inc.	3.10%	14,904,121	$772M	new	+3.10 pp	new
MHKMohawk Industries, Inc.	3.07%	5,677,048	$765M	added+25%	+0.33 pp	4 q
MUMicron Technology, Inc.	2.83%	20,566,647	$705M	added+16%	+0.28 pp	6 q
BNYBank of New York Mellon Corporation	2.60%	16,735,985	$648M	new	+2.60 pp	new
VVISA Inc.	2.60%	3,035,619	$648M	added+11%	+0.08 pp	6 q
ABBVAbbvie Inc.	2.50%	10,769,105	$622M	new	+2.50 pp	new
unresolvedActavis PLC	2.47%	2,550,336	$615M	added×2.1	+1.29 pp	4 q
unresolvedGoogle Inc.	2.18%	923,500	$543M	new	+2.18 pp	new
KSUKansas City Southern	2.07%	4,255,316	$516M	added+41%	+0.65 pp	3 q
NFLXNetFlix Inc	1.92%	1,058,826	$478M	trimmed−20%	−0.61 pp	2 q
APDAir Products & Chemicals, Inc.	1.86%	3,554,000	$463M	new	+1.86 pp	new
LNGCheniere Energy Inc	1.75%	5,453,205	$436M	new	+1.75 pp	new
unresolvedPrecision Castparts Corp	1.73%	1,823,067	$432M	added×5.5	+1.37 pp	2 q
unresolvedSalix Pharmaceuticals Ltd	1.71%	2,719,538	$425M	trimmed−6%	+0.15 pp	3 q
METAMeta Platforms, Inc. Class A	1.65%	5,194,041	$411M	added+27%	+0.45 pp	5 q
unresolvedAllergan Inc	1.63%	2,279,736	$406M	added×2.8	+1.04 pp	2 q
unresolvedCanadian Pac Ry Ltd	1.63%	1,951,187	$405M	trimmed−35%	−0.75 pp	4 q
REGNRegeneron Pharmaceuticals Inc	1.56%	1,080,682	$390M	trimmed−64%	−2.09 pp	3 q
MDLZMondelez International, Inc. Class A	1.55%	11,252,897	$386M	trimmed−29%	−1.06 pp	4 q
BIDUBaidu, Inc.	1.51%	1,723,427	$376M	trimmed−63%	−2.31 pp	5 q
ALXNAlexion Pharmaceuticals Inc	1.46%	2,198,451	$365M	added+10%	+0.09 pp	6 q
unresolvedTwenty First Centy Fox Inc	1.39%	10,086,820	$346M	trimmed−24%	−0.64 pp	5 q
unresolvedNewfield Expl Co	1.34%	9,023,189	$334M	added+68%	+0.30 pp	2 q
DLTRDollar Tree Inc.	1.24%	5,495,555	$308M	new	+1.24 pp	new
DVADaVita Inc.	1.17%	3,981,170	$291M	added+14%	+0.07 pp	4 q
unresolvedHilton Worldwide Hldgs Inc	0.96%	9,708,263	$239M	added+26%	+0.18 pp	2 q
unresolvedSBA Comms Corp	0.93%	2,080,141	$231M	added×13.9	+0.86 pp	2 q
unresolvedSanDisk Corp	0.85%	2,172,270	$213M	new	+0.85 pp	new
BACBank of America Corporation	0.67%	9,720,300	$166M	new	+0.67 pp	new
LBTYALiberty Global Ltd. Class A	0.65%	3,811,150	$162M	new	+0.65 pp	new
GLNGGolar LNG Ltd	0.63%	2,353,898	$156M	new	+0.63 pp	new
unresolvedAon PLC	0.59%	1,662,625	$146M	new	+0.59 pp	new
RLRalph Lauren Corporation	0.53%	800,328	$132M	trimmed−24%	−0.21 pp	2 q
HCAHCA Healthcare, Inc.	0.51%	1,794,780	$127M	new	+0.51 pp	new
unresolvedWellpoint Inc	0.50%	1,041,758	$125M	added+9%	+0.05 pp	2 q
unresolvedMedtronic Inc	0.46%	1,841,414	$114M	new	+0.46 pp	new
COFCapital One Financial	0.45%	1,373,725	$112M	trimmed−86%	−3.22 pp	6 q
ACADAcadia Pharmaceuticals Inc.	0.43%	4,324,890	$107M	trimmed−9%	−0.04 pp	4 q
HRBH&R Block, Inc.	0.39%	3,124,772	$97M	trimmed−49%	−0.48 pp	6 q
LBTYKLiberty Global Ltd. Class C	0.36%	2,210,300	$91M	new	+0.36 pp	new
DHID.R. Horton Inc.	0.33%	3,998,849	$82M	new	+0.33 pp	new
DALDelta Air Lines, Inc.	0.28%	1,957,987	$71M	new	+0.28 pp	new
MRSHMarsh	0.28%	1,332,700	$70M	new	+0.28 pp	new
unresolvedMonsanto Co	0.28%	617,401	$69M	trimmed−89%	−2.87 pp	6 q
HUMHumana Inc.	0.26%	493,602	$64M	new	+0.26 pp	new
unresolvedColfax Corp	0.22%	946,339	$54M	new	+0.22 pp	new
MOHMolina Healthcare, Inc.	0.20%	1,183,932	$50M	new	+0.20 pp	new
PBRPetroleo Brasileiro S.a.-petrobras	0.20%	3,561,000	$51M	new	+0.20 pp	new
STTState Street Corporation	0.18%	625,394	$46M	added+5%	0.00 pp	3 q
unresolvedKite Pharma Inc	0.02%	200,000	$6M	new	+0.02 pp	new
TWXTime Warner Inc	—	−7,872,453	—	exited	−2.41 pp	—
unresolvedCameron International Corp	—	−4,889,535	—	exited	−1.45 pp	—
STZConstellation Brands, Inc.	—	−3,308,832	—	exited	−1.27 pp	—
unresolvedMichael Kors Hldgs Ltd	—	−2,658,573	—	exited	−1.03 pp	—
AAPLApple Inc.	—	−2,286,178	—	exited	−0.93 pp	—
VLOValero Energy Corporation	—	−4,218,837	—	exited	−0.92 pp	—
WDAYWorkday, Inc. Class A	—	−2,271,588	—	exited	−0.89 pp	—
CTSHCognizant Technology Solutions	—	−3,915,440	—	exited	−0.84 pp	—
ADSKAutodesk Inc	—	−2,238,794	—	exited	−0.55 pp	—
UHSUniversal Health Services, Inc. Class B	—	−1,277,443	—	exited	−0.53 pp	—
unresolvedRite Aid Corp	—	−13,458,963	—	exited	−0.42 pp	—
ZNGAZynga Inc. Cl A	—	−25,926,695	—	exited	−0.36 pp	—
CTRPTrip.com Group Limited	—	−1,178,463	—	exited	−0.33 pp	—
XECCimarex Energy Co	—	−498,700	—	exited	−0.31 pp	—
unresolvedCrwn Castle Int'l Corp.	—	−918,640	—	exited	−0.30 pp	—
TG7Triumph Group Inc	—	−956,398	—	exited	−0.29 pp	—
ZBHZimmer Biomet Holdings, Inc.	—	−603,193	—	exited	−0.27 pp	—
PFGPrincipal Financial Group, Inc.	—	−1,142,537	—	exited	−0.25 pp	—
MLCOMelco Resorts & Entertainment Limited	—	−1,541,269	—	exited	−0.24 pp	—
CNCCentene Corporation	—	−708,677	—	exited	−0.23 pp	—
MYGNMyriad Genetics Inc	—	−1,330,294	—	exited	−0.23 pp	—
ADBEAdobe Inc.	—	−685,000	—	exited	−0.22 pp	—
ICPTIntercept Pharmaceuticals, Inc.	—	−208,077	—	exited	−0.21 pp	—
BBBlackBerry Limited	—	−3,888,791	—	exited	−0.17 pp	—
AALAmerican Airlines Group Inc.	—	−509,600	—	exited	−0.10 pp	—
ALLEAllegion Public Limited Company	—	−234,242	—	exited	−0.06 pp	—
CXOConcho Resources Inc.	—	−17,370	—	exited	−0.01 pp	—