Viking Global

Q4 2022 13F · by Andreas Halvorsen, CEO

As of: Dec 31, 2022
Filed: Feb 14, 2023
US stock: $19.9B · prev $21.6B
Positions: 75 · prev 87
Options notional: $0
Documents: 1· no amendments

Picture99.6% US stock

Full picture · of what this 13F reports is US stock

US stock listed on a US exchange 99.6%
Foreign stock not listed in the US 0.0%
Notes debt, at principal 0.4%
Puts at notional value 0.0%
Calls at notional value 0.0%

Moves88 since the prior filing

+21.5 pp in · −24.9 pp out

New 14 +11.55 pp
Added 21 +9.94 pp
Trimmed 27 −6.91 pp
Exited 26 −17.96 pp

The book

Focused · behaves like 36 equal-sized positions

Very concentrated
Concentrated
Focused
Diversified

High turnover · 80% a year, about 1.3 years per position

Low
Moderate
High

Top 5 positions24% of US stock

V VISA Inc. added+1.64 pp added+1.646.0%
AMZN Amazon.Com Inc added+0.40 pp added+0.405.3%
ELV Elevance Health, Inc. trimmed−0.09 pp trimmed−0.094.8%
MCK McKesson Corporation trimmed+0.05 pp trimmed+0.054.2%
MSFT Microsoft Corp trimmed+0.34 pp trimmed+0.344.1%

Positions75 in this filing · 26 exited


VVISA Inc.	6.04%	5,784,971	$1.2B	added+8%	+1.64 pp	26 q
AMZNAmazon.Com Inc	5.27%	12,481,958	$1.0B	added+34%	+0.40 pp	31 q
ELVElevance Health, Inc.	4.83%	1,872,176	$960M	trimmed−20%	−0.09 pp	4 q
MCKMcKesson Corporation	4.16%	2,204,418	$827M	trimmed−15%	+0.05 pp	3 q
MSFTMicrosoft Corp	4.13%	3,429,127	$822M	trimmed−2%	+0.34 pp	27 q
CBChubb Limited	3.97%	3,580,128	$790M	trimmed−0%	+0.94 pp	12 q
ROIVRoivant Sciences Ltd.	3.54%	88,238,700	$705M	held	—	5 q
UNHUNITEDHEALTH GROUP INCORPORATED (Delaware)	3.38%	1,267,703	$672M	added×3.6	+2.56 pp	2 q
GEGE Aerospace	3.27%	7,775,177	$651M	trimmed−40%	−0.43 pp	6 q
APGAPi Group Corporation	3.20%	33,819,567	$636M	held	—	11 q
MAMastercard Incorporated	2.99%	1,709,228	$594M	trimmed−3%	+0.66 pp	4 q
HDBHDFC Bank Limited	2.95%	8,570,740	$586M	trimmed−12%	+0.32 pp	6 q
BMRNBioMarin Pharmaceuticals Inc	2.74%	5,273,620	$546M	added+3%	+0.74 pp	5 q
AMPAmeriprise Financial, Inc.	2.58%	1,647,855	$513M	trimmed−9%	+0.47 pp	8 q
CSXCSX Corporation	2.42%	15,548,123	$482M	new	+2.42 pp	new
TMOThermo Fisher Scientific, Inc.	2.32%	839,526	$462M	added+41%	+0.92 pp	11 q
INTUIntuit Inc	2.31%	1,181,697	$460M	added+2%	+0.23 pp	3 q
BSXBoston Scientific Corp.	2.22%	9,528,593	$441M	trimmed−41%	−0.68 pp	18 q
MUMicron Technology, Inc.	2.10%	8,358,708	$418M	added+54%	+0.84 pp	3 q
RPRXRoyalty Pharma plc Class A	1.99%	10,008,511	$396M	trimmed−8%	−0.04 pp	11 q
FTNTFortinet, Inc.	1.75%	7,126,827	$348M	new	+1.75 pp	new
STXSeagate Technology Holdings PLC (Ireland)	1.64%	6,198,933	$326M	new	+1.64 pp	new
METAMeta Platforms, Inc. Class A	1.44%	2,387,730	$287M	trimmed−55%	−1.93 pp	9 q
XYZBlock, Inc.	1.42%	4,483,754	$282M	trimmed−16%	+0.07 pp	5 q
ACHCAcadia Healthcare Company, Inc.	1.31%	3,161,114	$260M	added+7%	+0.24 pp	9 q
FTVFortive Corporation	1.26%	3,890,600	$250M	trimmed−36%	−0.38 pp	14 q
KRTXKaruna Therapeutics, Inc.	1.17%	1,183,736	$233M	added+17%	+0.11 pp	10 q
ADPTAdaptive Biotechnologies Corporation	1.15%	29,993,708	$229M	held	—	15 q
BNBrookfield Corporation	1.15%	7,262,078	$228M	new	+1.15 pp	new
RCIRogers Communications, Inc.	1.03%	4,375,144	$205M	added+29%	+0.43 pp	2 q
BBIOBridgeBio Pharma, Inc.	1.02%	26,620,991	$203M	held	—	15 q
RHRh	1.00%	748,344	$200M	added+80%	+0.53 pp	3 q
UBERUber Technologies, Inc.	0.99%	7,939,999	$196M	trimmed−52%	−1.02 pp	6 q
MOHMolina Healthcare, Inc.	0.98%	588,208	$194M	added+45%	+0.36 pp	14 q
LILi Auto Inc.	0.93%	9,090,065	$185M	new	+0.93 pp	new
CDNSCadence Design Systems	0.92%	1,134,301	$182M	added+87%	+0.46 pp	2 q
AMLXAmylyx Pharmaceuticals, Inc.	0.86%	4,634,606	$171M	trimmed−20%	+0.11 pp	4 q
AIGAmerican International Group, Inc.	0.82%	2,590,026	$164M	new	+0.82 pp	new
INBXInhibrx Biosciences, Inc.	0.82%	6,639,199	$164M	added+25%	+0.38 pp	10 q
VVVValvoline Inc.	0.80%	4,876,780	$159M	trimmed−17%	+0.11 pp	2 q
EQHEquitable Holdings, Inc.	0.75%	5,212,460	$150M	new	+0.75 pp	new
UNMUnum Group	0.71%	3,431,274	$141M	trimmed−32%	−0.20 pp	4 q
INSPInspire Medical Systems, Inc.	0.70%	549,793	$138M	trimmed−13%	+0.18 pp	4 q
AMDAdvanced Micro Devices	0.62%	1,905,600	$123M	new	+0.62 pp	new
BEKEKE Holdings Inc.	0.57%	8,084,334	$113M	added×2.1	+0.25 pp	5 q
CRLCharles River Laboratories International, Inc.	0.56%	515,168	$112M	trimmed−22%	−0.04 pp	8 q
GHGuardant Health, Inc.	0.56%	4,107,644	$112M	added+7%	−0.40 pp	14 q
CLXClorox Company	0.54%	768,839	$108M	added+27%	+0.18 pp	2 q
DNAGinkgo Bioworks Holdings, Inc.	0.54%	63,085,126	$107M	trimmed−38%	−0.93 pp	6 q
FDMT4D Molecular Therapeutics, Inc.	0.44%	3,937,914	$87M	held	—	9 q
PODDInsulet Corporation	0.40%	268,052	$79M	trimmed−56%	−0.25 pp	10 q
DGDollar General Corp.	0.38%	310,848	$77M	trimmed−87%	−2.32 pp	4 q
ALBAlbemarle Corporation	0.37%	337,339	$73M	new	+0.37 pp	new
CRWDCrowdStrike Holdings, Inc. Class A	0.37%	699,948	$74M	added×2.5	+0.15 pp	2 q
NTLAIntellia Therapeutics, Inc	0.35%	2,021,410	$71M	added+7%	−0.14 pp	7 q
CTLTCatalent, Inc.	0.32%	1,424,388	$64M	trimmed−15%	−0.24 pp	20 q
ZLABZai Lab Limited	0.30%	1,973,597	$61M	trimmed−25%	−0.11 pp	8 q
KBRKBR, Inc.	0.29%	1,077,300	$57M	new	+0.29 pp	new
IFFInternational Flavors & Fragrances Inc.	0.23%	439,360	$46M	trimmed−88%	−1.34 pp	5 q
CPRICapri Holdings Limited	0.23%	810,479	$46M	new	+0.23 pp	new
PGRProgressive Corporation	0.22%	336,861	$44M	trimmed−54%	−0.18 pp	4 q
RRXRegal Rexnord Corporation	0.22%	362,403	$43M	new	+0.22 pp	new
EWTXEdgewise Therapeutics, Inc.	0.20%	4,409,146	$39M	held	—	8 q
NAMSNewAmsterdam Pharma Company N.V.	0.20%	3,753,828	$39M	new	+0.20 pp	new
PHVSPharvaris N.V.	0.18%	3,231,923	$36M	added+29%	+0.09 pp	8 q
DAWNDay One Biopharmaceuticals, Inc.	0.17%	1,558,563	$34M	held	—	7 q
SWAVShockwave Medical, Inc.	0.17%	164,607	$34M	added+5%	−0.03 pp	3 q
FTCHQFarfetch Limited A	0.16%	6,771,235	$32M	new	+0.16 pp	new
unresolvedRallybio Corp	0.14%	4,194,777	$28M	held	—	6 q
PEPGPepGen Inc.	0.10%	1,544,631	$21M	trimmed−14%	+0.02 pp	3 q
KNTEKinnate Biopharma Inc.	0.06%	1,820,462	$11M	held	—	9 q
TRVITrevi Therapeutics, Inc.	0.04%	4,400,000	$8M	held	—	2 q
LIANYLianbio SP/	0.03%	3,564,173	$6M	held	—	5 q
unresolvedTalaris Therapeutics Inc	0.02%	3,289,617	$3M	held	—	7 q
unresolvedVerastem Inc	0.02%	9,224,000	$4M	held	—	3 q
unresolvedBrookfield Asset Mgmt Inc	—	−14,757,027	—	exited	−2.80 pp	—
TMUST-Mobile US, Inc.	—	−3,324,606	—	exited	−2.07 pp	—
PHParker-Hannifin Corporation	—	−1,775,453	—	exited	−1.99 pp	—
CRMSalesforce, Inc.	—	−2,400,649	—	exited	−1.60 pp	—
TTWOTake-Two Interactive Software Inc	—	−2,804,400	—	exited	−1.42 pp	—
WDCWestern Digital Corp.	—	−7,400,746	—	exited	−1.12 pp	—
MRSHMarsh	—	−1,006,898	—	exited	−0.70 pp	—
CMECME Group Inc.	—	−831,110	—	exited	−0.68 pp	—
PYPLPayPal Holdings, Inc.	—	−1,713,801	—	exited	−0.68 pp	—
KKRKKR & Co. Inc.	—	−3,177,089	—	exited	−0.63 pp	—
SESea Limited	—	−2,362,871	—	exited	−0.61 pp	—
NOWServicenow, Inc.	—	−323,368	—	exited	−0.57 pp	—
GTMZoomInfo Technologies Inc	—	−2,512,177	—	exited	−0.49 pp	—
BABAAlibaba Group Holding Limited	—	−1,246,400	—	exited	−0.46 pp	—
99952EURLinde PLC/OLD	—	−311,600	—	exited	−0.39 pp	—
APLSApellis Pharmaceuticals, Inc.	—	−932,441	—	exited	−0.30 pp	—
AVTRAvantor, Inc.	—	−2,898,662	—	exited	−0.26 pp	—
RIVNRivian Automotive, Inc. Class A	—	−1,602,193	—	exited	−0.24 pp	—
GLBEGlobal-E Online Ltd.	—	−1,575,580	—	exited	−0.20 pp	—
unresolvedOrion Acquisition Corp	—	−3,629,247	—	exited	−0.17 pp	—
CBRECbre Group, Inc.	—	−409,714	—	exited	−0.13 pp	—
DPZDomino's Pizza Inc.	—	−74,968	—	exited	−0.11 pp	—
UPSTUpstart Holdings, Inc.	—	−999,647	—	exited	−0.10 pp	—
THCTenet Healthcare Corporation New	—	−383,510	—	exited	−0.09 pp	—
MTCHMatch Group, Inc	—	−381,750	—	exited	−0.08 pp	—
LVSLas Vegas Sands Corp.	—	−379,551	—	exited	−0.07 pp	—