Viking Global

Q1 2023 13F · by Andreas Halvorsen, CEO

As of: Mar 31, 2023
Filed: May 15, 2023
US stock: $21.2B · prev $19.9B
Positions: 80 · prev 75
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%

Moves81 since the prior filing

+23.9 pp in · −24.1 pp out

New 20 +12.38 pp
Added 28 +11.54 pp
Trimmed 18 −15.37 pp
Exited 15 −8.76 pp

The book

Focused · behaves like 34 equal-sized positions

Very concentrated
Concentrated
Focused
Diversified

High turnover · 94% a year, about 1.1 years per position

Low
Moderate
High

Top 5 positions26% of US stock

V VISA Inc. added+0.93 pp added+0.937.0%
MCK McKesson Corporation added+1.22 pp added+1.225.4%
UNH UNITEDHEALTH GROUP INCORPORATED (Delaware) added+1.30 pp added+1.304.7%
ELV Elevance Health, Inc. added−0.16 pp added−0.164.7%
GE GE Aerospace added+0.61 pp added+0.613.9%

Positions80 in this filing · 15 exited


VVISA Inc.	6.97%	6,560,069	$1.5B	added+13%	+0.93 pp	27 q
MCKMcKesson Corporation	5.38%	3,207,080	$1.1B	added+45%	+1.22 pp	4 q
UNHUNITEDHEALTH GROUP INCORPORATED (Delaware)	4.68%	2,099,991	$992M	added+66%	+1.30 pp	3 q
ELVElevance Health, Inc.	4.67%	2,154,556	$991M	added+15%	−0.16 pp	5 q
GEGE Aerospace	3.88%	8,612,232	$823M	added+11%	+0.61 pp	7 q
FTNTFortinet, Inc.	3.72%	11,875,384	$789M	added+67%	+1.97 pp	2 q
AMZNAmazon.Com Inc	3.71%	7,628,220	$788M	trimmed−39%	−1.56 pp	32 q
APGAPi Group Corporation	3.61%	34,090,285	$766M	added+1%	+0.41 pp	12 q
LULUlululemon athletica inc.	3.25%	1,893,883	$690M	new	+3.25 pp	new
METAMeta Platforms, Inc. Class A	3.22%	3,229,914	$685M	added+35%	+1.78 pp	10 q
CBChubb Limited	3.17%	3,466,740	$673M	trimmed−3%	−0.80 pp	13 q
CSXCSX Corporation	3.11%	22,057,119	$660M	added+42%	+0.69 pp	2 q
ROIVRoivant Sciences Ltd.	3.07%	88,238,700	$651M	held	—	6 q
HDBHDFC Bank Limited	2.60%	8,285,627	$552M	trimmed−3%	−0.35 pp	7 q
INTUIntuit Inc	2.56%	1,221,094	$544M	added+3%	+0.25 pp	4 q
SHWThe Sherwin-Williams Company	2.38%	2,252,060	$506M	new	+2.38 pp	new
TMOThermo Fisher Scientific, Inc.	2.33%	856,836	$494M	added+2%	+0.01 pp	12 q
BBIOBridgeBio Pharma, Inc.	2.08%	26,620,991	$441M	held	—	16 q
FTVFortive Corporation	2.04%	6,346,528	$433M	added+63%	+0.78 pp	15 q
RPRXRoyalty Pharma plc Class A	1.90%	11,204,249	$404M	added+12%	−0.09 pp	12 q
STXSeagate Technology Holdings PLC (Ireland)	1.72%	5,513,957	$365M	trimmed−11%	+0.08 pp	2 q
MSFTMicrosoft Corp	1.42%	1,047,352	$302M	trimmed−69%	−2.71 pp	28 q
AMPAmeriprise Financial, Inc.	1.36%	941,040	$288M	trimmed−43%	−1.22 pp	9 q
MAMastercard Incorporated	1.36%	796,740	$290M	trimmed−53%	−1.63 pp	5 q
KRTXKaruna Therapeutics, Inc.	1.28%	1,501,074	$273M	added+27%	+0.11 pp	11 q
ADPTAdaptive Biotechnologies Corporation	1.25%	29,993,708	$265M	held	—	16 q
VVVValvoline Inc.	1.22%	7,398,713	$259M	added+52%	+0.42 pp	3 q
CDNSCadence Design Systems	1.21%	1,225,306	$257M	added+8%	+0.29 pp	3 q
RCIRogers Communications, Inc.	1.21%	5,554,500	$257M	added+27%	+0.18 pp	3 q
ACHCAcadia Healthcare Company, Inc.	1.14%	3,354,110	$242M	added+6%	−0.17 pp	10 q
BMRNBioMarin Pharmaceuticals Inc	0.99%	2,168,617	$211M	trimmed−59%	−1.75 pp	6 q
EMREmerson Electric Co.	0.99%	2,400,879	$209M	new	+0.99 pp	new
DNAGinkgo Bioworks Holdings, Inc.	0.90%	143,085,126	$190M	added×2.3	+0.36 pp	7 q
MUMicron Technology, Inc.	0.81%	2,856,599	$172M	trimmed−66%	−1.29 pp	4 q
UNMUnum Group	0.79%	4,253,413	$168M	added+24%	+0.08 pp	5 q
GTMZoomInfo Technologies Inc	0.78%	6,666,576	$165M	new	+0.78 pp	new
CEGConstellation Energy Corporation	0.76%	2,047,688	$161M	new	+0.76 pp	new
XYZBlock, Inc.	0.76%	2,354,123	$162M	trimmed−48%	−0.66 pp	6 q
MOHMolina Healthcare, Inc.	0.75%	594,553	$159M	added+1%	−0.23 pp	15 q
PGRProgressive Corporation	0.68%	1,003,562	$144M	added×3.0	+0.46 pp	5 q
WDAYWorkday, Inc. Class A	0.63%	642,447	$133M	new	+0.63 pp	new
INBXInhibrx Biosciences, Inc.	0.59%	6,639,199	$125M	held	—	11 q
CPNGCoupang, Inc.	0.56%	7,421,453	$119M	new	+0.56 pp	new
EQHEquitable Holdings, Inc.	0.48%	3,989,446	$101M	trimmed−23%	−0.27 pp	2 q
KBRKBR, Inc.	0.44%	1,679,474	$92M	added+56%	+0.15 pp	2 q
AMLXAmylyx Pharmaceuticals, Inc.	0.41%	2,962,555	$87M	trimmed−36%	−0.45 pp	5 q
INSPInspire Medical Systems, Inc.	0.38%	346,576	$81M	trimmed−37%	−0.32 pp	5 q
RIVNRivian Automotive, Inc. Class A	0.38%	5,250,417	$81M	new	+0.38 pp	new
CTLTCatalent, Inc.	0.37%	1,201,210	$79M	trimmed−16%	+0.05 pp	21 q
CRLCharles River Laboratories International, Inc.	0.37%	394,089	$80M	trimmed−24%	−0.19 pp	9 q
SNPSSynopsys Inc	0.37%	205,032	$79M	new	+0.37 pp	new
ZLABZai Lab Limited	0.37%	2,331,245	$78M	added+18%	+0.07 pp	9 q
ALKSAlkermes Inc. plc	0.37%	2,781,917	$78M	new	+0.37 pp	new
IFFInternational Flavors & Fragrances Inc.	0.35%	812,680	$75M	added+85%	+0.12 pp	6 q
FDMT4D Molecular Therapeutics, Inc.	0.32%	3,937,914	$68M	held	—	10 q
TRVThe Travelers Companies, Inc.	0.31%	378,345	$65M	new	+0.31 pp	new
GHGuardant Health, Inc.	0.28%	2,538,889	$60M	trimmed−38%	−0.28 pp	15 q
NTLAIntellia Therapeutics, Inc	0.28%	1,569,545	$58M	trimmed−22%	−0.07 pp	8 q
SNOWSnowflake Inc.	0.28%	382,757	$59M	new	+0.28 pp	new
BSXBoston Scientific Corp.	0.27%	1,136,881	$57M	trimmed−88%	−1.95 pp	19 q
NAMSNewAmsterdam Pharma Company N.V.	0.25%	3,915,870	$53M	added+4%	+0.05 pp	2 q
CLColgate-Palmolive Company	0.23%	660,698	$50M	new	+0.23 pp	new
DELLDell Technologies Inc.	0.21%	1,094,394	$44M	new	+0.21 pp	new
MRSHMarsh	0.20%	257,443	$43M	new	+0.20 pp	new
CNHCnh Industrial N.v.	0.20%	2,827,515	$43M	new	+0.20 pp	new
FTCHQFarfetch Limited A	0.16%	7,103,457	$35M	added+5%	0.00 pp	2 q
OPCHOption Care Health, Inc.	0.16%	1,090,497	$35M	new	+0.16 pp	new
EWTXEdgewise Therapeutics, Inc.	0.15%	4,909,146	$33M	added+11%	−0.05 pp	9 q
TJXTJX Companies, Inc. (The)	0.15%	414,401	$32M	new	+0.15 pp	new
VKTXViking Therapeutics, Inc	0.15%	1,955,063	$33M	new	+0.15 pp	new
PHVSPharvaris N.V.	0.12%	3,231,923	$25M	held	—	9 q
unresolvedRallybio Corp	0.11%	4,194,777	$24M	held	—	7 q
DAWNDay One Biopharmaceuticals, Inc.	0.10%	1,558,563	$21M	held	—	8 q
PEPGPepGen Inc.	0.09%	1,544,631	$19M	held	—	4 q
KNTEKinnate Biopharma Inc.	0.05%	1,820,462	$11M	held	—	10 q
TRVITrevi Therapeutics, Inc.	0.04%	4,400,000	$8M	held	—	3 q
LIANYLianbio SP/	0.03%	3,564,173	$7M	held	—	6 q
unresolvedTalaris Therapeutics Inc	0.03%	3,289,617	$6M	held	—	8 q
FRCBFirst Republic Bk CA	0.02%	276,260	$4M	new	+0.02 pp	new
unresolvedVerastem Inc	0.02%	9,224,000	$4M	held	—	4 q
BNBrookfield Corporation	—	−7,262,078	—	exited	−1.15 pp	—
RHRh	—	−748,344	—	exited	−1.00 pp	—
UBERUber Technologies, Inc.	—	−7,939,999	—	exited	−0.99 pp	—
LILi Auto Inc.	—	−9,090,065	—	exited	−0.93 pp	—
AIGAmerican International Group, Inc.	—	−2,590,026	—	exited	−0.82 pp	—
AMDAdvanced Micro Devices	—	−1,905,600	—	exited	−0.62 pp	—
BEKEKE Holdings Inc.	—	−8,084,334	—	exited	−0.57 pp	—
CLXClorox Company	—	−768,839	—	exited	−0.54 pp	—
PODDInsulet Corporation	—	−268,052	—	exited	−0.40 pp	—
DGDollar General Corp.	—	−310,848	—	exited	−0.38 pp	—
ALBAlbemarle Corporation	—	−337,339	—	exited	−0.37 pp	—
CRWDCrowdStrike Holdings, Inc. Class A	—	−699,948	—	exited	−0.37 pp	—
CPRICapri Holdings Limited	—	−810,479	—	exited	−0.23 pp	—
RRXRegal Rexnord Corporation	—	−362,403	—	exited	−0.22 pp	—
SWAVShockwave Medical, Inc.	—	−164,607	—	exited	−0.17 pp	—