Viking Global

Q3 2020 13F · by Andreas Halvorsen, CEO

As of: Sep 30, 2020
Filed: Nov 16, 2020
US stock: $27.7B · prev $23.1B
Positions: 86 · prev 72
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%

Moves98 since the prior filing

+28.7 pp in · −26.9 pp out

New 32 +16.88 pp
Added 27 +11.78 pp
Trimmed 21 −13.59 pp
Exited 18 −13.34 pp

The book

Focused · behaves like 39 equal-sized positions

Very concentrated
Concentrated
Focused
Diversified

High turnover · 92% a year, about 1.1 years per position

Low
Moderate
High

Top 5 positions24% of US stock

MSFT Microsoft Corp added+3.01 pp added+3.016.3%
ADPT Adaptive Biotechnologies Corporation held held5.9%
FIS Fidelity National Information Services, Inc. added+0.84 pp added+0.844.7%
AXP American Express Company added−0.39 pp added−0.393.9%
CNC Centene Corporation added−0.74 pp added−0.743.7%

Positions86 in this filing · 18 exited


MSFTMicrosoft Corp	6.27%	8,257,020	$1.7B	added×2.2	+3.01 pp	18 q
ADPTAdaptive Biotechnologies Corporation	5.88%	33,493,708	$1.6B	held	—	6 q
FISFidelity National Information Services, Inc.	4.73%	8,886,521	$1.3B	added+32%	+0.84 pp	4 q
AXPAmerican Express Company	3.93%	10,848,301	$1.1B	added+3%	−0.39 pp	3 q
CNCCentene Corporation	3.68%	17,445,560	$1.0B	added+8%	−0.74 pp	10 q
BBIOBridgeBio Pharma, Inc.	3.61%	26,620,991	$999M	held	—	6 q
TMUST-Mobile US, Inc.	3.33%	8,070,119	$923M	added×2.1	+1.62 pp	3 q
JPMJPMorgan Chase & Co.	3.29%	9,450,975	$910M	added+47%	+0.68 pp	3 q
AMZNAmazon.Com Inc	3.10%	272,272	$857M	trimmed−56%	−4.21 pp	22 q
HLTHilton Worldwide Holdings Inc.	2.72%	8,831,592	$754M	added+21%	+0.41 pp	2 q
BSXBoston Scientific Corp.	2.60%	18,829,730	$719M	added+2%	−0.20 pp	9 q
AONAon plc Class A	2.25%	3,012,906	$622M	added+2%	−0.21 pp	2 q
TMOThermo Fisher Scientific, Inc.	2.20%	1,377,223	$608M	trimmed−21%	−0.52 pp	2 q
BKNGBooking Holdings Inc.	2.15%	348,448	$596M	added+72%	+0.75 pp	4 q
NUANNuance Communications, Inc.	2.04%	16,984,464	$564M	added+33%	+0.64 pp	2 q
FTVFortive Corporation	1.88%	6,816,245	$519M	trimmed−22%	−0.68 pp	5 q
MELIMercado Libre, Inc	1.85%	473,448	$512M	added×6.8	+1.55 pp	7 q
PHParker-Hannifin Corporation	1.84%	2,518,448	$510M	added+75%	+0.70 pp	2 q
TSMTaiwan Semiconductor Manufacturing Company Ltd.	1.80%	6,147,123	$498M	new	+1.80 pp	new
APGAPi Group Corporation	1.71%	33,333,333	$474M	held	—	2 q
CMCSAComcast Corp	1.68%	10,045,065	$465M	trimmed−65%	−3.13 pp	4 q
GHGuardant Health, Inc.	1.56%	3,854,893	$431M	added+26%	+0.48 pp	5 q
LVSLas Vegas Sands Corp.	1.45%	8,589,312	$401M	trimmed−23%	−0.74 pp	3 q
CBChubb Limited	1.43%	3,416,010	$397M	added+55%	+0.23 pp	3 q
CMECME Group Inc.	1.40%	2,316,366	$388M	added×4.8	+1.06 pp	3 q
AVBAvalonBay Communities, Inc.	1.38%	2,553,481	$381M	new	+1.38 pp	new
MCOMoody's Corporation	1.36%	1,299,713	$377M	added+33%	+0.20 pp	2 q
AMDAdvanced Micro Devices	1.33%	4,500,835	$369M	new	+1.33 pp	new
RTXRTX Corporation	1.28%	6,147,033	$354M	new	+1.28 pp	new
ADIAnalog Devices, Inc.	1.24%	2,928,432	$342M	added+49%	+0.20 pp	2 q
AIZAssurant, Inc.	1.21%	2,764,748	$335M	trimmed−2%	−0.05 pp	6 q
EXKExact Sciences Corp	1.10%	2,996,604	$306M	added+37%	+0.28 pp	9 q
IRIngersoll Rand Inc.	1.08%	8,376,494	$298M	trimmed−18%	−0.16 pp	6 q
GOOGLAlphabet Inc. Class A	1.02%	191,949	$281M	new	+1.02 pp	new
CSGPCoStar Group Inc	0.92%	300,146	$255M	new	+0.92 pp	new
CIThe Cigna Group	0.89%	1,446,431	$245M	trimmed−51%	−1.50 pp	4 q
WDAYWorkday, Inc. Class A	0.87%	1,124,226	$242M	trimmed−25%	−0.34 pp	3 q
ZBHZimmer Biomet Holdings, Inc.	0.83%	1,690,085	$230M	new	+0.83 pp	new
MOHMolina Healthcare, Inc.	0.80%	1,217,059	$223M	added+20%	+0.02 pp	5 q
EHCEncompass Health Corporation	0.78%	3,316,027	$215M	added+24%	+0.06 pp	3 q
BILLBILL Holdings, Inc.	0.73%	2,027,963	$203M	new	+0.73 pp	new
ALGNAlign Technology Inc	0.70%	594,403	$195M	added+10%	+0.06 pp	2 q
BMYBristol-Myers Squibb Co.	0.69%	3,189,264	$192M	new	+0.69 pp	new
OTISOtis Worldwide Corporation	0.68%	2,997,662	$187M	new	+0.68 pp	new
AVTRAvantor, Inc.	0.67%	8,217,707	$185M	added+50%	+0.27 pp	6 q
unresolvedAtlassian Corp Plc	0.62%	946,257	$172M	new	+0.62 pp	new
DAYDayforce, Inc.	0.61%	2,036,991	$168M	new	+0.61 pp	new
SNOWSnowflake Inc.	0.58%	641,440	$161M	new	+0.58 pp	new
MUMicron Technology, Inc.	0.53%	3,115,164	$146M	trimmed−8%	−0.23 pp	3 q
DRIDarden Restaurants, Inc.	0.52%	1,436,057	$145M	trimmed−52%	−0.46 pp	2 q
ZNTLZentalis Pharmaceuticals, Inc.	0.52%	4,443,284	$145M	held	—	2 q
ELVElevance Health, Inc.	0.51%	522,405	$140M	new	+0.51 pp	new
BPMCBlueprint Medicines Corporation	0.48%	1,430,767	$133M	trimmed−12%	−0.07 pp	9 q
VRSNVeriSign Inc	0.48%	653,102	$134M	new	+0.48 pp	new
EGEverest Group, Ltd.	0.47%	660,231	$130M	added+58%	+0.10 pp	2 q
SESea Limited	0.46%	819,546	$126M	trimmed−53%	−0.34 pp	4 q
UUnity Software Inc.	0.44%	1,409,981	$123M	new	+0.44 pp	new
unresolvedCooper Cos Inc/The	0.43%	351,827	$119M	added+2%	+0.01 pp	3 q
FLTCorpay, Inc.	0.40%	469,794	$112M	new	+0.40 pp	new
PVHPVH Corp.	0.38%	1,762,098	$105M	added+16%	+0.06 pp	2 q
CTLTCatalent, Inc.	0.37%	1,185,679	$102M	trimmed−21%	−0.10 pp	11 q
INBXInhibrx Biosciences, Inc.	0.35%	5,305,866	$96M	new	+0.35 pp	new
PMVPPMV Pharmaceuticals, Inc	0.34%	2,641,840	$94M	new	+0.34 pp	new
HZNPHorizon Therapeutics PLC	0.33%	1,173,744	$91M	trimmed−20%	−0.02 pp	3 q
RPRXRoyalty Pharma plc Class A	0.30%	1,948,064	$82M	trimmed−23%	−0.23 pp	2 q
99803EURLaboratory Crp Of Amer Hldgs	0.29%	429,780	$81M	new	+0.29 pp	new
ALLThe Allstate Corporation	0.28%	822,509	$77M	trimmed−54%	−0.46 pp	2 q
VVISA Inc.	0.23%	321,595	$64M	added+95%	+0.09 pp	17 q
unresolvedGohealth Inc	0.22%	4,687,019	$61M	new	+0.22 pp	new
KRTXKaruna Therapeutics, Inc.	0.19%	663,890	$51M	new	+0.19 pp	new
FWONKLiberty Media Corporation Series C Liberty Formula One	0.19%	1,427,000	$52M	trimmed−26%	−0.07 pp	15 q
PODDInsulet Corporation	0.18%	214,332	$51M	new	+0.18 pp	new
VERXVertex, Inc. Class A	0.17%	2,031,639	$47M	new	+0.17 pp	new
PACBPacific Biosciences of California, Inc.	0.16%	4,518,623	$45M	new	+0.16 pp	new
BMY-RBristol-myers Squibb-cvr	0.15%	18,401,269	$41M	trimmed−3%	−0.14 pp	4 q
unresolvedAthira Pharma Inc	0.14%	2,120,653	$39M	new	+0.14 pp	new
unresolvedNikola Corp	0.13%	1,804,176	$37M	new	+0.13 pp	new
LILi Auto Inc.	0.10%	1,530,611	$27M	new	+0.10 pp	new
unresolvedChindata Group Hldgs Ltd	0.09%	1,479,591	$24M	new	+0.09 pp	new
VACVbi Vaccines Inc	0.09%	8,798,971	$25M	new	+0.09 pp	new
VIEViela Bio Inc	0.09%	843,000	$24M	trimmed−20%	−0.11 pp	4 q
JAMFJamf Holding Corp.	0.08%	605,828	$23M	new	+0.08 pp	new
APIAgora, Inc.	0.06%	400,000	$17M	held	—	2 q
GMABGenmab A/S	0.05%	378,404	$14M	trimmed−34%	−0.03 pp	5 q
FROGJFrog Ltd.	0.05%	169,441	$14M	new	+0.05 pp	new
ATYRaTyr Pharma, Inc.	0.01%	587,444	$2M	held	—	13 q
UBERUber Technologies, Inc.	—	−16,470,839	—	exited	−2.21 pp	—
JDJD.com, Inc.	—	−8,266,459	—	exited	−2.15 pp	—
CRMSalesforce, Inc.	—	−2,145,463	—	exited	−1.74 pp	—
PLANAnaplan, Inc.	—	−5,746,829	—	exited	−1.13 pp	—
LOWLowe's Companies Inc.	—	−1,710,360	—	exited	−1.00 pp	—
SHWThe Sherwin-Williams Company	—	−397,835	—	exited	−0.99 pp	—
99952EURLinde PLC/OLD	—	−803,694	—	exited	−0.74 pp	—
NFLXNetFlix Inc	—	−356,549	—	exited	−0.70 pp	—
DHRDanaher Corporation	—	−903,929	—	exited	−0.69 pp	—
BABAAlibaba Group Holding Limited	—	−695,536	—	exited	−0.65 pp	—
NVSTEnvista Holdings Corporation, $0.01 par value per share	—	−4,524,346	—	exited	−0.41 pp	—
TJXTJX Companies, Inc. (The)	—	−1,519,986	—	exited	−0.33 pp	—
CHNGChange Healthcare Inc.	—	−4,326,999	—	exited	−0.21 pp	—
VARVarian Medical Systems, Inc.	—	−365,827	—	exited	−0.19 pp	—
MNTAMomenta Pharmaceuticals, Inc.	—	−946,220	—	exited	−0.14 pp	—
EDITEditas Medicine, Inc.	—	−413,000	—	exited	−0.05 pp	—
QUREuniQure N.V.	—	−62,396	—	exited	−0.01 pp	—
TMUSRT-Mobile US, Inc. Subscription Rights Expiring 7/27/2020	—	−1,799,550	—	exited	0.00 pp	—