Viking Global

Q2 2023 13F · by Andreas Halvorsen, CEO

As of: Jun 30, 2023
Filed: Aug 14, 2023
US stock: $24.3B · prev $21.2B
Positions: 85 · prev 80
Options notional: $0
Documents: 1· no amendments

Picture99.7% US stock

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

US stock listed on a US exchange 99.7%
Foreign stock not listed in the US 0.0%
Notes debt, at principal 0.3%
Puts at notional value 0.0%
Calls at notional value 0.0%

Moves91 since the prior filing

+27.7 pp in · −27.3 pp out

New 21 +19.92 pp
Added 27 +7.80 pp
Trimmed 27 −22.46 pp
Exited 16 −4.83 pp

The book

Diversified · behaves like 41 equal-sized positions

Very concentrated
Concentrated
Focused
Diversified

High turnover · 98% a year, about 1.0 years per position

Low
Moderate
High

Top 5 positions22% of US stock

Positions85 in this filing · 16 exited


VVISA Inc.	6.97%	7,140,286	$1.7B	added+9%	0.00 pp	28 q
DHRDanaher Corporation	4.20%	4,256,761	$1.0B	new	+4.20 pp	new
APGAPi Group Corporation	3.83%	34,199,532	$932M	added0%	+0.22 pp	13 q
PMPhilip Morris International Inc.	3.63%	9,055,492	$884M	new	+3.63 pp	new
UNHUNITEDHEALTH GROUP INCORPORATED (Delaware)	3.54%	1,794,275	$862M	trimmed−15%	−1.14 pp	4 q
GEGE Aerospace	3.22%	7,138,176	$784M	trimmed−17%	−0.66 pp	8 q
ROIVRoivant Sciences Ltd.	3.12%	75,238,700	$758M	trimmed−15%	+0.05 pp	7 q
METAMeta Platforms, Inc. Class A	3.06%	2,594,548	$745M	trimmed−20%	−0.16 pp	11 q
FTVFortive Corporation	3.01%	9,798,229	$733M	added+54%	+0.97 pp	16 q
WDAYWorkday, Inc. Class A	2.82%	3,038,619	$686M	added×4.7	+2.19 pp	2 q
HDBHDFC Bank Limited	2.67%	9,312,208	$649M	added+12%	+0.07 pp	8 q
ELVElevance Health, Inc.	2.58%	1,412,701	$628M	trimmed−34%	−2.09 pp	6 q
SHWThe Sherwin-Williams Company	2.48%	2,274,718	$604M	added+1%	+0.10 pp	2 q
FTNTFortinet, Inc.	2.39%	7,689,287	$581M	trimmed−35%	−1.33 pp	3 q
AMZNAmazon.Com Inc	2.36%	4,401,313	$574M	trimmed−42%	−1.35 pp	33 q
INTUIntuit Inc	1.98%	1,053,352	$483M	trimmed−14%	−0.58 pp	5 q
BBIOBridgeBio Pharma, Inc.	1.88%	26,620,991	$458M	held	—	17 q
LULUlululemon athletica inc.	1.85%	1,189,594	$450M	trimmed−37%	−1.40 pp	2 q
CSXCSX Corporation	1.79%	12,806,951	$437M	trimmed−42%	−1.32 pp	3 q
TMOThermo Fisher Scientific, Inc.	1.79%	833,233	$435M	trimmed−3%	−0.54 pp	13 q
CDNSCadence Design Systems	1.69%	1,750,247	$410M	added+43%	+0.48 pp	4 q
MSFTMicrosoft Corp	1.68%	1,202,051	$409M	added+15%	+0.26 pp	29 q
MAMastercard Incorporated	1.64%	1,012,725	$398M	added+27%	+0.28 pp	6 q
AMPAmeriprise Financial, Inc.	1.53%	1,124,103	$373M	added+19%	+0.17 pp	10 q
CBRECbre Group, Inc.	1.52%	4,578,096	$369M	new	+1.52 pp	new
BMRNBioMarin Pharmaceuticals Inc	1.48%	4,156,785	$360M	added+92%	+0.49 pp	7 q
EGEverest Group, Ltd.	1.46%	1,038,182	$355M	new	+1.46 pp	new
ANETArista Networks	1.36%	2,036,587	$330M	new	+1.36 pp	new
RPRXRoyalty Pharma plc Class A	1.24%	9,850,932	$303M	trimmed−12%	−0.66 pp	13 q
VVVValvoline Inc.	1.18%	7,682,814	$288M	added+4%	−0.04 pp	4 q
IFFInternational Flavors & Fragrances Inc.	1.17%	3,569,966	$284M	added×4.4	+0.82 pp	7 q
MUMicron Technology, Inc.	1.15%	4,424,339	$279M	added+55%	+0.34 pp	5 q
NFLXNetFlix Inc	1.14%	630,865	$278M	new	+1.14 pp	new
CPNGCoupang, Inc.	1.09%	15,315,205	$266M	added×2.1	+0.53 pp	2 q
DNAGinkgo Bioworks Holdings, Inc.	1.09%	143,085,126	$266M	held	—	8 q
ACHCAcadia Healthcare Company, Inc.	1.06%	3,240,894	$258M	trimmed−3%	−0.08 pp	11 q
UNMUnum Group	1.03%	5,271,387	$251M	added+24%	+0.24 pp	6 q
MCKMcKesson Corporation	0.92%	524,143	$224M	trimmed−84%	−4.46 pp	5 q
DASHDoorDash, Inc. Class A	0.85%	2,700,350	$206M	new	+0.85 pp	new
KRTXKaruna Therapeutics, Inc.	0.84%	947,955	$206M	trimmed−37%	−0.44 pp	12 q
ADPTAdaptive Biotechnologies Corporation	0.83%	29,993,708	$201M	held	—	17 q
STXSeagate Technology Holdings PLC (Ireland)	0.81%	3,186,400	$197M	trimmed−42%	−0.91 pp	3 q
CBChubb Limited	0.77%	970,942	$187M	trimmed−72%	−2.40 pp	14 q
AJGArthur J. Gallagher & Co.	0.74%	822,515	$181M	new	+0.74 pp	new
FIVNFIVE9, Inc.	0.73%	2,169,587	$179M	new	+0.73 pp	new
EMREmerson Electric Co.	0.71%	1,901,470	$172M	trimmed−21%	−0.28 pp	2 q
EPAMEpam Systems, Inc.	0.71%	764,907	$172M	new	+0.71 pp	new
INBXInhibrx Biosciences, Inc.	0.71%	6,639,199	$172M	held	—	12 q
UPSUnited Parcel Service, Inc. Class B	0.65%	889,190	$159M	new	+0.65 pp	new
SNPSSynopsys Inc	0.56%	310,608	$135M	added+51%	+0.19 pp	2 q
PPGPPG Industries, Inc.	0.55%	900,018	$133M	new	+0.55 pp	new
NVDANvidia Corp	0.54%	312,400	$132M	new	+0.54 pp	new
CLColgate-Palmolive Company	0.39%	1,238,533	$95M	added+87%	+0.16 pp	2 q
CEGConstellation Energy Corporation	0.39%	1,041,072	$95M	trimmed−49%	−0.37 pp	2 q
RIVNRivian Automotive, Inc. Class A	0.37%	5,433,046	$91M	added+3%	−0.01 pp	2 q
DDOGDatadog, Inc. Class A	0.36%	879,878	$87M	new	+0.36 pp	new
FDMT4D Molecular Therapeutics, Inc.	0.36%	4,787,914	$87M	added+22%	+0.04 pp	11 q
KVUEKenvue Inc.	0.34%	3,141,799	$83M	new	+0.34 pp	new
RCIRogers Communications, Inc.	0.33%	1,764,200	$80M	trimmed−68%	−0.88 pp	4 q
BABAAlibaba Group Holding Limited	0.32%	932,407	$78M	new	+0.32 pp	new
KBRKBR, Inc.	0.32%	1,203,207	$78M	trimmed−28%	−0.12 pp	3 q
NAMSNewAmsterdam Pharma Company N.V.	0.32%	6,524,565	$78M	added+67%	+0.07 pp	3 q
XPOXPO, Inc.	0.31%	1,281,240	$76M	new	+0.31 pp	new
NEWRNew Relic, Inc.	0.30%	1,098,858	$72M	new	+0.30 pp	new
ZLABZai Lab Limited	0.30%	2,629,445	$73M	added+13%	−0.07 pp	10 q
CNHCnh Industrial N.v.	0.28%	4,766,168	$69M	added+69%	+0.08 pp	2 q
DELLDell Technologies Inc.	0.27%	1,215,208	$66M	added+11%	+0.06 pp	2 q
ALKSAlkermes Inc. plc	0.27%	2,116,275	$66M	trimmed−24%	−0.10 pp	2 q
AMLXAmylyx Pharmaceuticals, Inc.	0.26%	2,962,555	$64M	held	—	6 q
VKTXViking Therapeutics, Inc	0.24%	3,544,506	$57M	added+81%	+0.09 pp	2 q
GHGuardant Health, Inc.	0.23%	1,594,326	$57M	trimmed−37%	−0.05 pp	16 q
PGRProgressive Corporation	0.22%	396,437	$52M	trimmed−61%	−0.46 pp	6 q
PHVSPharvaris N.V.	0.21%	3,231,923	$51M	held	—	10 q
EWTXEdgewise Therapeutics, Inc.	0.19%	5,943,261	$46M	added+21%	+0.04 pp	10 q
DAWNDay One Biopharmaceuticals, Inc.	0.13%	2,558,563	$31M	added+64%	+0.03 pp	9 q
GTMZoomInfo Technologies Inc	0.13%	1,234,538	$31M	trimmed−81%	−0.65 pp	2 q
FTCHQFarfetch Limited A	0.12%	4,769,602	$29M	trimmed−33%	−0.04 pp	3 q
THCTenet Healthcare Corporation New	0.12%	363,800	$30M	new	+0.12 pp	new
unresolvedRallybio Corp	0.10%	4,194,777	$24M	held	—	8 q
VSTMVerastem, Inc.	0.06%	1,886,292	$14M	new	+0.06 pp	new
PEPGPepGen Inc.	0.05%	1,482,434	$13M	trimmed−4%	−0.04 pp	5 q
TRVITrevi Therapeutics, Inc.	0.04%	4,400,000	$11M	held	—	4 q
AIC3.ai, Inc.	0.03%	179,653	$7M	new	+0.03 pp	new
LIANYLianbio SP/	0.03%	3,564,173	$8M	held	—	7 q
KNTEKinnate Biopharma Inc.	0.02%	1,820,462	$6M	held	—	11 q
XYZBlock, Inc.	—	−2,354,123	—	exited	−0.76 pp	—
MOHMolina Healthcare, Inc.	—	−594,553	—	exited	−0.75 pp	—
EQHEquitable Holdings, Inc.	—	−3,989,446	—	exited	−0.48 pp	—
INSPInspire Medical Systems, Inc.	—	−346,576	—	exited	−0.38 pp	—
CTLTCatalent, Inc.	—	−1,201,210	—	exited	−0.37 pp	—
CRLCharles River Laboratories International, Inc.	—	−394,089	—	exited	−0.37 pp	—
TRVThe Travelers Companies, Inc.	—	−378,345	—	exited	−0.31 pp	—
NTLAIntellia Therapeutics, Inc	—	−1,569,545	—	exited	−0.28 pp	—
SNOWSnowflake Inc.	—	−382,757	—	exited	−0.28 pp	—
BSXBoston Scientific Corp.	—	−1,136,881	—	exited	−0.27 pp	—
MRSHMarsh	—	−257,443	—	exited	−0.20 pp	—
OPCHOption Care Health, Inc.	—	−1,090,497	—	exited	−0.16 pp	—
TJXTJX Companies, Inc. (The)	—	−414,401	—	exited	−0.15 pp	—
unresolvedTalaris Therapeutics Inc	—	−3,289,617	—	exited	−0.03 pp	—
FRCBFirst Republic Bk CA	—	−276,260	—	exited	−0.02 pp	—
unresolvedVerastem Inc	—	−9,224,000	—	exited	−0.02 pp	—