Viking Global

Q1 2015 13F · by Andreas Halvorsen, CEO

As of: Mar 31, 2015
Filed: May 15, 2015
US stock: $25.8B · prev $21.8B
Positions: 58 · 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%

Moves79 since the prior filing

+28.5 pp in · −28.5 pp out

New 17 +13.71 pp
Added 25 +14.77 pp
Trimmed 16 −15.82 pp
Exited 21 −12.64 pp

The book

Focused · behaves like 31 equal-sized positions

Very concentrated
Concentrated
Focused
Diversified

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

Low
Moderate
High

Top 5 positions27% of US stock

unresolved Actavis PLC added+1.62 pp added+1.627.0%
ILMN Illumina Inc added−0.91 pp added−0.916.1%
WBA Walgreens Boots Alliance, Inc trimmed−1.83 pp trimmed−1.834.8%
LNG Cheniere Energy Inc added+1.41 pp added+1.414.6%
APD Air Products & Chemicals, Inc. added+1.05 pp added+1.054.6%

Positions58 in this filing · 21 exited


unresolvedActavis PLC	7.04%	6,105,536	$1.8B	added+33%	+1.62 pp	6 q
ILMNIllumina Inc	6.12%	8,506,696	$1.6B	added+3%	−0.91 pp	6 q
WBAWalgreens Boots Alliance, Inc	4.79%	14,602,703	$1.2B	trimmed−23%	−1.83 pp	2 q
LNGCheniere Energy Inc	4.63%	15,447,556	$1.2B	added+55%	+1.41 pp	3 q
APDAir Products & Chemicals, Inc.	4.60%	7,848,566	$1.2B	added+46%	+1.05 pp	3 q
unresolvedCanadian Pac Ry Ltd	4.38%	6,187,194	$1.1B	added+53%	+0.80 pp	6 q
PXDPioneer Natural Resource Co.	3.68%	5,809,207	$950M	trimmed−12%	−0.82 pp	5 q
unresolvedGoogle Inc.	3.52%	1,638,449	$909M	added×2.2	+1.71 pp	3 q
MDLZMondelez International, Inc. Class A	3.35%	23,969,688	$865M	added+68%	+0.98 pp	6 q
MUMicron Technology, Inc.	3.27%	31,146,060	$845M	added+54%	+0.03 pp	8 q
MHKMohawk Industries, Inc.	3.16%	4,391,058	$816M	added+11%	+0.34 pp	6 q
unresolvedValeant Pharmaceuticals Intl	3.12%	4,058,343	$806M	trimmed−55%	−2.84 pp	8 q
MAMastercard Incorporated	2.77%	8,264,648	$714M	added+92%	+1.07 pp	8 q
KSUKansas City Southern	2.70%	6,823,185	$697M	added×2.1	+0.91 pp	5 q
LYBLyondellBasell Industries N.V. Class A	2.62%	7,715,926	$677M	added+91%	+1.14 pp	8 q
SEESealed Air Corp New	2.56%	14,475,213	$659M	added×4.5	+1.93 pp	2 q
BABAAlibaba Group Holding Limited	2.24%	6,944,666	$578M	added+87%	+0.47 pp	3 q
DVADaVita Inc.	2.00%	6,362,827	$517M	added+42%	+0.45 pp	6 q
BIDUBaidu, Inc.	1.97%	2,433,916	$507M	trimmed−16%	−1.06 pp	7 q
TMOThermo Fisher Scientific, Inc.	1.84%	3,531,837	$474M	trimmed−39%	−1.49 pp	8 q
CCitigroup Inc.	1.81%	9,052,145	$466M	trimmed−19%	−0.98 pp	3 q
AIGAmerican International Group, Inc.	1.79%	8,442,018	$463M	new	+1.79 pp	new
GOOGAlphabet Inc. Class C	1.79%	841,187	$461M	new	+1.79 pp	new
MNKMallinckrodt PLC	1.74%	3,537,330	$448M	new	+1.74 pp	new
BNYBank of New York Mellon Corporation	1.73%	11,111,499	$447M	trimmed−6%	−0.48 pp	3 q
NXPINXP Semiconductors N.V.	1.71%	4,402,222	$442M	trimmed−19%	−0.19 pp	2 q
CNICanadian National Railway	1.63%	6,281,715	$420M	new	+1.63 pp	new
CCICrown Castle Inc.	1.46%	4,553,370	$376M	added+3%	−0.14 pp	2 q
METMetLife, Inc.	1.31%	6,663,463	$337M	new	+1.31 pp	new
unresolvedEnvision Healthcare Hldgs In	1.02%	6,851,544	$263M	new	+1.02 pp	new
unresolvedStarwood HOTELS&RESORTS Wrld	1.01%	3,123,917	$261M	new	+1.01 pp	new
TMUST-Mobile US, Inc.	0.98%	7,994,880	$253M	new	+0.98 pp	new
CTRPTrip.com Group Limited	0.96%	4,222,894	$248M	added×2.6	+0.62 pp	2 q
HUMHumana Inc.	0.95%	1,380,231	$246M	added×2.1	+0.52 pp	3 q
AXPAmerican Express Company	0.90%	2,973,038	$232M	new	+0.90 pp	new
VRTXVertex Pharmaceuticals Inc	0.81%	1,770,150	$209M	added×2.3	+0.39 pp	2 q
unresolvedHilton Worldwide Hldgs Inc	0.79%	6,854,286	$203M	trimmed−59%	−1.19 pp	4 q
ABEVAmbev S.a.	0.75%	33,580,314	$193M	trimmed−22%	−0.47 pp	2 q
CARAvis Budget Group, Inc.	0.65%	2,827,251	$167M	trimmed−44%	−0.88 pp	2 q
unresolvedReceptos Inc	0.61%	951,078	$157M	added+86%	+0.32 pp	2 q
LMLegg Mason, Inc.	0.55%	2,577,175	$142M	trimmed−30%	−0.35 pp	2 q
COFCapital One Financial	0.54%	1,766,676	$139M	added+10%	−0.07 pp	8 q
unresolvedBroadcom Corp	0.51%	3,048,145	$132M	added+13%	−0.03 pp	2 q
ETNEaton Corporation, plc	0.49%	1,878,235	$128M	added+5%	−0.07 pp	2 q
HIGThe Hartford Insurance Group, Inc.	0.46%	2,828,276	$118M	trimmed−26%	−0.27 pp	2 q
unresolvedKraft Foods Group Inc	0.46%	1,370,602	$119M	new	+0.46 pp	new
LLYEli Lilly & Co.	0.39%	1,398,711	$102M	new	+0.39 pp	new
DLTRDollar Tree Inc.	0.38%	1,198,457	$97M	trimmed−83%	−1.94 pp	3 q
unresolvedAon PLC	0.32%	853,761	$82M	new	+0.32 pp	new
HCAHCA Healthcare, Inc.	0.30%	1,016,617	$76M	trimmed−74%	−1.00 pp	3 q
RIGTransocean LTD.	0.19%	3,268,500	$48M	added×6.1	+0.14 pp	2 q
unresolvedQunar ADR	0.16%	1,010,537	$42M	trimmed−29%	−0.03 pp	2 q
XPOXPO, Inc.	0.15%	872,332	$40M	new	+0.15 pp	new
WWayfair Inc.	0.14%	1,134,506	$36M	added×2.2	+0.09 pp	2 q
unresolvedQihoo 360 Technology Co. ADR	0.08%	419,000	$21M	new	+0.08 pp	new
TEVATeva Pharmaceutical Industries Limited	0.06%	228,600	$14M	new	+0.06 pp	new
ESPREsperion Therapeutics Inc Ne	0.05%	136,919	$13M	new	+0.05 pp	new
PRQRProQR Therapeutics N.V.	0.03%	408,408	$9M	new	+0.03 pp	new
DALDelta Air Lines, Inc.	—	−8,803,384	—	exited	−1.99 pp	—
unresolvedAllergan Inc	—	−1,966,112	—	exited	−1.92 pp	—
VVISA Inc.	—	−3,666,424	—	exited	−1.10 pp	—
unresolvedEquinix Inc	—	−988,389	—	exited	−1.03 pp	—
unresolvedSalix Pharmaceuticals Ltd	—	−1,738,104	—	exited	−0.92 pp	—
WMTWalmart Inc.	—	−1,843,145	—	exited	−0.73 pp	—
unresolvedCoca Cola Enterprises Inc Ne	—	−3,243,000	—	exited	−0.66 pp	—
ELVElevance Health, Inc.	—	−1,003,959	—	exited	−0.58 pp	—
unresolvedIngersoll-Rand Plc	—	−1,958,488	—	exited	−0.57 pp	—
unresolvedShire PLC	—	−529,784	—	exited	−0.52 pp	—
POTPotash Corp Of Saskatchewan	—	−3,147,470	—	exited	−0.51 pp	—
ACADAcadia Pharmaceuticals Inc.	—	−2,956,266	—	exited	−0.43 pp	—
AMPAmeriprise Financial, Inc.	—	−583,700	—	exited	−0.35 pp	—
ALXNAlexion Pharmaceuticals Inc	—	−390,271	—	exited	−0.33 pp	—
UHSUniversal Health Services, Inc. Class B	—	−514,699	—	exited	−0.26 pp	—
ALLEAllegion Public Limited Company	—	−727,484	—	exited	−0.19 pp	—
MGMMgm Resorts International	—	−1,399,187	—	exited	−0.14 pp	—
LRCXLam Research Corp	—	−356,700	—	exited	−0.13 pp	—
unresolvedNewfield Expl Co	—	−767,638	—	exited	−0.10 pp	—
unresolvedCigna Corporation	—	−182,761	—	exited	−0.09 pp	—
unresolvedSanDisk Corp	—	−202,840	—	exited	−0.09 pp	—