Viking Global

Q4 2014 13F · by Andreas Halvorsen, CEO

As of: Dec 31, 2014
Filed: Feb 17, 2015
US stock: $21.8B · prev $24.9B
Positions: 62 · 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%

Moves88 since the prior filing

+39.0 pp in · −39.0 pp out

New 29 +23.33 pp
Added 13 +15.71 pp
Trimmed 20 −11.81 pp
Exited 26 −27.23 pp

The book

Focused · behaves like 31 equal-sized positions

Very concentrated
Concentrated
Focused
Diversified

High turnover · 144% a year, about 0.7 years per position

Low
Moderate
High

Top 5 positions30% of US stock

ILMN Illumina Inc trimmed+1.34 pp trimmed+1.347.0%
WBA Walgreens Boots Alliance, Inc new+6.62 pp new+6.626.6%
unresolved Valeant Pharmaceuticals Intl trimmed+0.71 pp trimmed+0.716.0%
unresolved Actavis PLC added+2.95 pp added+2.955.4%
PXD Pioneer Natural Resource Co. trimmed−0.87 pp trimmed−0.874.5%

Positions62 in this filing · 26 exited


ILMNIllumina Inc	7.03%	8,293,405	$1.5B	trimmed−4%	+1.34 pp	5 q
WBAWalgreens Boots Alliance, Inc	6.62%	18,933,712	$1.4B	new	+6.62 pp	new
unresolvedValeant Pharmaceuticals Intl	5.96%	9,077,007	$1.3B	trimmed−9%	+0.71 pp	7 q
unresolvedActavis PLC	5.42%	4,585,892	$1.2B	added+80%	+2.95 pp	5 q
PXDPioneer Natural Resource Co.	4.50%	6,586,936	$980M	trimmed−3%	−0.87 pp	4 q
unresolvedCanadian Pac Ry Ltd	3.58%	4,050,237	$780M	added×2.1	+1.95 pp	5 q
APDAir Products & Chemicals, Inc.	3.55%	5,360,470	$773M	added+51%	+1.69 pp	2 q
TMOThermo Fisher Scientific, Inc.	3.33%	5,786,510	$725M	trimmed−27%	−0.57 pp	7 q
MUMicron Technology, Inc.	3.24%	20,163,744	$706M	trimmed−2%	+0.41 pp	7 q
LNGCheniere Energy Inc	3.22%	9,953,733	$701M	added+83%	+1.47 pp	2 q
BIDUBaidu, Inc.	3.03%	2,891,831	$659M	added+68%	+1.52 pp	6 q
MHKMohawk Industries, Inc.	2.82%	3,952,060	$614M	trimmed−30%	−0.25 pp	5 q
CCitigroup Inc.	2.79%	11,220,274	$607M	trimmed−25%	−0.31 pp	2 q
MDLZMondelez International, Inc. Class A	2.37%	14,237,306	$517M	added+27%	+0.82 pp	5 q
DLTRDollar Tree Inc.	2.32%	7,191,419	$506M	added+31%	+1.08 pp	2 q
BNYBank of New York Mellon Corporation	2.21%	11,866,061	$481M	trimmed−29%	−0.39 pp	2 q
DALDelta Air Lines, Inc.	1.99%	8,803,384	$433M	added×4.5	+1.71 pp	2 q
unresolvedHilton Worldwide Hldgs Inc	1.98%	16,542,046	$432M	added+70%	+1.02 pp	3 q
unresolvedAllergan Inc	1.92%	1,966,112	$418M	trimmed−14%	+0.29 pp	3 q
NXPINXP Semiconductors N.V.	1.90%	5,411,595	$413M	new	+1.90 pp	new
unresolvedGoogle Inc.	1.81%	742,461	$394M	trimmed−20%	−0.37 pp	2 q
KSUKansas City Southern	1.79%	3,197,766	$390M	trimmed−25%	−0.28 pp	4 q
BABAAlibaba Group Holding Limited	1.77%	3,708,686	$385M	trimmed−67%	−2.29 pp	2 q
MAMastercard Incorporated	1.70%	4,304,154	$371M	trimmed−67%	−2.18 pp	7 q
CCICrown Castle Inc.	1.60%	4,431,857	$349M	new	+1.60 pp	new
DVADaVita Inc.	1.55%	4,466,740	$338M	added+12%	+0.38 pp	5 q
CARAvis Budget Group, Inc.	1.53%	5,020,701	$333M	new	+1.53 pp	new
LYBLyondellBasell Industries N.V. Class A	1.48%	4,049,281	$321M	trimmed−43%	−1.63 pp	7 q
HCAHCA Healthcare, Inc.	1.30%	3,870,654	$284M	added×2.2	+0.79 pp	2 q
ABEVAmbev S.a.	1.22%	42,891,298	$267M	new	+1.22 pp	new
VVISA Inc.	1.10%	916,606	$240M	trimmed−70%	−1.50 pp	7 q
unresolvedEquinix Inc	1.03%	988,389	$224M	new	+1.03 pp	new
unresolvedSalix Pharmaceuticals Ltd	0.92%	1,738,104	$200M	trimmed−36%	−0.79 pp	4 q
LMLegg Mason, Inc.	0.90%	3,683,203	$197M	new	+0.90 pp	new
HIGThe Hartford Insurance Group, Inc.	0.73%	3,822,711	$159M	new	+0.73 pp	new
WMTWalmart Inc.	0.73%	1,843,145	$158M	new	+0.73 pp	new
unresolvedCoca Cola Enterprises Inc Ne	0.66%	3,243,000	$143M	new	+0.66 pp	new
SEESealed Air Corp New	0.63%	3,231,553	$137M	new	+0.63 pp	new
COFCapital One Financial	0.61%	1,613,425	$133M	added+17%	+0.16 pp	7 q
ELVElevance Health, Inc.	0.58%	1,003,959	$126M	new	+0.58 pp	new
unresolvedIngersoll-Rand Plc	0.57%	1,958,488	$124M	new	+0.57 pp	new
ETNEaton Corporation, plc	0.56%	1,791,937	$122M	new	+0.56 pp	new
unresolvedBroadcom Corp	0.54%	2,702,716	$117M	new	+0.54 pp	new
unresolvedShire PLC	0.52%	529,784	$113M	new	+0.52 pp	new
POTPotash Corp Of Saskatchewan	0.51%	3,147,470	$111M	new	+0.51 pp	new
ACADAcadia Pharmaceuticals Inc.	0.43%	2,956,266	$94M	trimmed−32%	0.00 pp	5 q
HUMHumana Inc.	0.43%	658,313	$95M	added+33%	+0.17 pp	2 q
VRTXVertex Pharmaceuticals Inc	0.42%	764,200	$91M	new	+0.42 pp	new
AMPAmeriprise Financial, Inc.	0.35%	583,700	$77M	new	+0.35 pp	new
CTRPTrip.com Group Limited	0.34%	1,646,725	$75M	new	+0.34 pp	new
ALXNAlexion Pharmaceuticals Inc	0.33%	390,271	$72M	trimmed−82%	−1.13 pp	7 q
unresolvedReceptos Inc	0.29%	511,981	$63M	new	+0.29 pp	new
UHSUniversal Health Services, Inc. Class B	0.26%	514,699	$57M	new	+0.26 pp	new
unresolvedQunar ADR	0.19%	1,420,733	$40M	new	+0.19 pp	new
ALLEAllegion Public Limited Company	0.19%	727,484	$40M	new	+0.19 pp	new
MGMMgm Resorts International	0.14%	1,399,187	$30M	new	+0.14 pp	new
LRCXLam Research Corp	0.13%	356,700	$28M	new	+0.13 pp	new
unresolvedNewfield Expl Co	0.10%	767,638	$21M	trimmed−91%	−1.24 pp	3 q
unresolvedCigna Corporation	0.09%	182,761	$19M	new	+0.09 pp	new
unresolvedSanDisk Corp	0.09%	202,840	$20M	trimmed−91%	−0.76 pp	2 q
WWayfair Inc.	0.05%	520,550	$10M	new	+0.05 pp	new
RIGTransocean LTD.	0.05%	539,000	$10M	new	+0.05 pp	new
unresolvedWalgreen Co	—	−20,711,731	—	exited	−4.93 pp	—
LOWLowe's Companies Inc.	—	−19,424,638	—	exited	−4.13 pp	—
ABBVAbbvie Inc.	—	−10,769,105	—	exited	−2.50 pp	—
NFLXNetFlix Inc	—	−1,058,826	—	exited	−1.92 pp	—
unresolvedPrecision Castparts Corp	—	−1,823,067	—	exited	−1.73 pp	—
METAMeta Platforms, Inc. Class A	—	−5,194,041	—	exited	−1.65 pp	—
REGNRegeneron Pharmaceuticals Inc	—	−1,080,682	—	exited	−1.56 pp	—
unresolvedTwenty First Centy Fox Inc	—	−10,086,820	—	exited	−1.39 pp	—
unresolvedSBA Comms Corp	—	−2,080,141	—	exited	−0.93 pp	—
BACBank of America Corporation	—	−9,720,300	—	exited	−0.67 pp	—
LBTYALiberty Global Ltd. Class A	—	−3,811,150	—	exited	−0.65 pp	—
GLNGGolar LNG Ltd	—	−2,353,898	—	exited	−0.63 pp	—
unresolvedAon PLC	—	−1,662,625	—	exited	−0.59 pp	—
RLRalph Lauren Corporation	—	−800,328	—	exited	−0.53 pp	—
unresolvedWellpoint Inc	—	−1,041,758	—	exited	−0.50 pp	—
unresolvedMedtronic Inc	—	−1,841,414	—	exited	−0.46 pp	—
HRBH&R Block, Inc.	—	−3,124,772	—	exited	−0.39 pp	—
LBTYKLiberty Global Ltd. Class C	—	−2,210,300	—	exited	−0.36 pp	—
DHID.R. Horton Inc.	—	−3,998,849	—	exited	−0.33 pp	—
MRSHMarsh	—	−1,332,700	—	exited	−0.28 pp	—
unresolvedMonsanto Co	—	−617,401	—	exited	−0.28 pp	—
unresolvedColfax Corp	—	−946,339	—	exited	−0.22 pp	—
MOHMolina Healthcare, Inc.	—	−1,183,932	—	exited	−0.20 pp	—
PBRPetroleo Brasileiro S.a.-petrobras	—	−3,561,000	—	exited	−0.20 pp	—
STTState Street Corporation	—	−625,394	—	exited	−0.18 pp	—
unresolvedKite Pharma Inc	—	−200,000	—	exited	−0.02 pp	—