Viking Global

Q1 2020 13F · by Andreas Halvorsen, CEO

As of: Mar 31, 2020
Filed: May 13, 2020
US stock: $19.2B · prev $21.4B
Positions: 64 · prev 66
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

+35.1 pp in · −34.7 pp out

New 20 +16.44 pp
Added 22 +18.62 pp
Trimmed 21 −14.39 pp
Exited 22 −20.33 pp

The book

Focused · behaves like 30 equal-sized positions

Very concentrated
Concentrated
Focused
Diversified

High turnover · 151% a year, about 0.7 years per position

Low
Moderate
High

Top 5 positions29% of US stock

AMZN Amazon.Com Inc trimmed+1.23 pp trimmed+1.238.9%
BSX Boston Scientific Corp. added+1.48 pp added+1.485.4%
NFLX NetFlix Inc trimmed−0.15 pp trimmed−0.155.2%
CNC Centene Corporation added+1.81 pp added+1.815.0%
ADPT Adaptive Biotechnologies Corporation trimmed−0.54 pp trimmed−0.544.8%

Positions64 in this filing · 22 exited


AMZNAmazon.Com Inc	8.93%	880,093	$1.7B	trimmed−1%	+1.23 pp	20 q
BSXBoston Scientific Corp.	5.40%	31,816,197	$1.0B	added+72%	+1.48 pp	7 q
NFLXNetFlix Inc	5.20%	2,659,247	$999M	trimmed−25%	−0.15 pp	19 q
CNCCentene Corporation	5.02%	16,230,552	$964M	added+49%	+1.81 pp	8 q
ADPTAdaptive Biotechnologies Corporation	4.84%	33,493,708	$930M	trimmed−13%	−0.54 pp	4 q
BBIOBridgeBio Pharma, Inc.	4.02%	26,620,991	$772M	held	—	4 q
MSFTMicrosoft Corp	4.02%	4,900,338	$773M	added×3.6	+3.01 pp	16 q
JDJD.com, Inc.	3.98%	18,858,480	$764M	trimmed−15%	+0.31 pp	5 q
UBERUber Technologies, Inc.	3.81%	26,226,216	$732M	trimmed−31%	−1.50 pp	4 q
CMCSAComcast Corp	3.20%	17,902,783	$615M	added×61.7	+3.14 pp	2 q
FTVFortive Corporation	2.71%	9,416,697	$520M	added+31%	+0.15 pp	3 q
CRMSalesforce, Inc.	2.63%	3,506,928	$505M	trimmed−20%	−0.70 pp	4 q
LOWLowe's Companies Inc.	2.45%	5,470,144	$471M	added+24%	−0.03 pp	4 q
FISFidelity National Information Services, Inc.	2.41%	3,799,548	$462M	added×6.8	+2.05 pp	2 q
CIThe Cigna Group	2.35%	2,547,958	$451M	added×5.6	+1.91 pp	2 q
ELVElevance Health, Inc.	2.14%	1,810,632	$411M	trimmed−41%	−2.23 pp	12 q
unresolvedAon PLC	1.97%	2,290,520	$378M	added×3.0	+1.22 pp	7 q
JPMJPMorgan Chase & Co.	1.91%	4,085,317	$368M	new	+1.91 pp	new
GOOGLAlphabet Inc. Class A	1.89%	313,179	$364M	added×5.7	+1.54 pp	18 q
METAMeta Platforms, Inc. Class A	1.74%	2,009,125	$335M	trimmed−68%	−4.38 pp	17 q
AXPAmerican Express Company	1.73%	3,878,280	$332M	new	+1.73 pp	new
WDAYWorkday, Inc. Class A	1.67%	2,461,978	$321M	new	+1.67 pp	new
IRIngersoll Rand Inc.	1.55%	12,012,233	$298M	added×10.8	+1.36 pp	4 q
CMECME Group Inc.	1.53%	1,701,973	$294M	new	+1.53 pp	new
MUMicron Technology, Inc.	1.47%	6,711,669	$282M	new	+1.47 pp	new
GHGuardant Health, Inc.	1.38%	3,798,450	$264M	trimmed−1%	−0.02 pp	3 q
NSCNorfolk Southern Corp.	1.34%	1,767,825	$258M	added×2.8	+0.77 pp	2 q
BKNGBooking Holdings Inc.	1.31%	186,944	$252M	added+46%	+0.08 pp	2 q
AIZAssurant, Inc.	1.16%	2,148,405	$224M	added+15%	+0.02 pp	4 q
ORLYO'Reilly Automotive, Inc.	1.05%	669,339	$202M	new	+1.05 pp	new
AAgilent Technologies Inc.	1.04%	2,789,478	$200M	new	+1.04 pp	new
NOWServicenow, Inc.	1.00%	668,493	$192M	trimmed−76%	−2.64 pp	3 q
MELIMercado Libre, Inc	0.99%	389,285	$190M	trimmed−45%	−0.90 pp	5 q
MOHMolina Healthcare, Inc.	0.99%	1,365,252	$191M	trimmed−41%	−0.48 pp	3 q
PGRProgressive Corporation	0.80%	2,088,830	$154M	new	+0.80 pp	new
EXKExact Sciences Corp	0.73%	2,427,570	$141M	added+17%	−0.17 pp	7 q
LVSLas Vegas Sands Corp.	0.68%	3,094,371	$131M	new	+0.68 pp	new
CHNGChange Healthcare Inc.	0.66%	12,777,239	$128M	new	+0.66 pp	new
AVTRAvantor, Inc.	0.65%	10,050,838	$126M	added+20%	−0.06 pp	4 q
BMRNBioMarin Pharmaceuticals Inc	0.64%	1,453,625	$123M	trimmed−10%	0.00 pp	9 q
unresolvedCooper Cos Inc/The	0.63%	436,986	$120M	new	+0.63 pp	new
TMUST-Mobile US, Inc.	0.55%	1,253,880	$105M	new	+0.55 pp	new
CBChubb Limited	0.53%	918,541	$103M	new	+0.53 pp	new
CTLTCatalent, Inc.	0.52%	1,937,928	$101M	added+43%	+0.16 pp	9 q
BPMCBlueprint Medicines Corporation	0.49%	1,600,467	$94M	added+23%	0.00 pp	7 q
AJGArthur J. Gallagher & Co.	0.49%	1,158,751	$94M	new	+0.49 pp	new
EHCEncompass Health Corporation	0.48%	1,446,151	$93M	new	+0.48 pp	new
VARVarian Medical Systems, Inc.	0.46%	867,110	$89M	new	+0.46 pp	new
BMY-RBristol-myers Squibb-cvr	0.39%	19,639,201	$75M	trimmed−24%	+0.02 pp	2 q
VVISA Inc.	0.36%	430,109	$69M	added+28%	+0.06 pp	15 q
SESea Limited	0.31%	1,323,864	$59M	added+6%	+0.08 pp	2 q
HZNPHorizon Therapeutics PLC	0.31%	1,991,270	$59M	new	+0.31 pp	new
FWONKLiberty Media Corporation Series C Liberty Formula One	0.27%	1,923,501	$52M	trimmed−78%	−1.59 pp	13 q
CSXCSX Corporation	0.25%	844,182	$48M	new	+0.25 pp	new
VIEViela Bio Inc	0.25%	1,250,000	$48M	trimmed−16%	+0.06 pp	2 q
MRNAModerna, Inc.	0.16%	994,886	$30M	trimmed−70%	−0.14 pp	6 q
GOOSCanada Goose Holdings Inc.	0.14%	1,393,448	$28M	trimmed−43%	−0.27 pp	2 q
MCHPMicrochip Technology Inc	0.14%	408,240	$28M	new	+0.14 pp	new
GMABGenmab A/S	0.09%	840,985	$18M	added+44%	+0.03 pp	3 q
SDCCQSmiledirectclub Inc A	0.06%	2,283,972	$11M	new	+0.06 pp	new
EDITEditas Medicine, Inc.	0.05%	512,179	$10M	trimmed−30%	−0.05 pp	17 q
CVETCovetrus, Inc.	0.03%	632,521	$5M	trimmed−81%	−0.18 pp	5 q
PLANAnaplan, Inc.	0.02%	116,722	$4M	trimmed−89%	−0.24 pp	2 q
ATYRaTyr Pharma, Inc.	0.01%	587,444	$2M	added×2.6	+0.01 pp	11 q
MNSTMonster Beverage Corporation	—	−12,944,911	—	exited	−3.85 pp	—
XYZBlock, Inc.	—	−10,044,042	—	exited	−2.94 pp	—
METMetLife, Inc.	—	−6,723,542	—	exited	−1.61 pp	—
UNHUNITEDHEALTH GROUP INCORPORATED (Delaware)	—	−958,037	—	exited	−1.32 pp	—
AIYActivision Blizzard Inc	—	−4,023,395	—	exited	−1.12 pp	—
RTNRaytheon Company	—	−1,043,924	—	exited	−1.07 pp	—
unresolvedAxa Equitable Hldgs Inc	—	−9,048,047	—	exited	−1.05 pp	—
TXTTextron, Inc.	—	−4,944,853	—	exited	−1.03 pp	—
MCKMcKesson Corporation	—	−1,508,413	—	exited	−0.98 pp	—
COUPCoupa Software Incorporated	—	−1,413,382	—	exited	−0.97 pp	—
MIDDMiddleby Corp	—	−1,856,730	—	exited	−0.95 pp	—
AIGAmerican International Group, Inc.	—	−2,740,184	—	exited	−0.66 pp	—
ILMNIllumina Inc	—	−408,658	—	exited	−0.63 pp	—
CHWYChewy, Inc.	—	−2,896,423	—	exited	−0.39 pp	—
ALGNAlign Technology Inc	—	−262,214	—	exited	−0.34 pp	—
BABAAlibaba Group Holding Limited	—	−328,938	—	exited	−0.33 pp	—
URIUnited Rentals, Inc.	—	−419,058	—	exited	−0.33 pp	—
HUMHumana Inc.	—	−103,638	—	exited	−0.18 pp	—
EWEdwards Lifesciences Corp	—	−158,573	—	exited	−0.17 pp	—
NVSTEnvista Holdings Corporation, $0.01 par value per share	—	−1,133,435	—	exited	−0.16 pp	—
DDOGDatadog, Inc. Class A	—	−822,696	—	exited	−0.15 pp	—
TSLATesla, Inc.	—	−51,844	—	exited	−0.10 pp	—