Viking Global

Q4 2023 13F · by Andreas Halvorsen, CEO

As of: Dec 31, 2023
Filed: Feb 14, 2024
US stock: $27.3B · prev $24.6B
Positions: 78 · prev 79
Options notional: $0
Documents: 1· no amendments

Picture99.9% US stock

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

US stock listed on a US exchange 99.9%
Foreign stock not listed in the US 0.0%
Notes debt, at principal 0.1%
Puts at notional value 0.0%
Calls at notional value 0.0%

Moves81 since the prior filing

+28.3 pp in · −30.6 pp out

New 18 +16.41 pp
Added 23 +11.92 pp
Trimmed 21 −16.07 pp
Exited 19 −14.52 pp

The book

Focused · behaves like 38 equal-sized positions

Very concentrated
Concentrated
Focused
Diversified

High turnover · 114% a year, about 0.9 years per position

Low
Moderate
High

Top 5 positions23% of US stock

V VISA Inc. trimmed−1.10 pp trimmed−1.105.4%
UPS United Parcel Service, Inc. Class B added+0.50 pp added+0.504.7%
APG APi Group Corporation added+0.74 pp added+0.744.3%
WDAY Workday, Inc. Class A trimmed−0.42 pp trimmed−0.424.2%
META Meta Platforms, Inc. Class A trimmed+0.14 pp trimmed+0.143.9%

Positions78 in this filing · 19 exited


VVISA Inc.	5.43%	5,690,106	$1.5B	trimmed−18%	−1.10 pp	30 q
UPSUnited Parcel Service, Inc. Class B	4.73%	8,199,127	$1.3B	added+23%	+0.50 pp	3 q
APGAPi Group Corporation	4.35%	34,302,815	$1.2B	added0%	+0.74 pp	15 q
WDAYWorkday, Inc. Class A	4.16%	4,106,723	$1.1B	trimmed−22%	−0.42 pp	4 q
METAMeta Platforms, Inc. Class A	3.88%	2,991,633	$1.1B	trimmed−2%	+0.14 pp	13 q
MCKMcKesson Corporation	3.79%	2,233,205	$1.0B	added+53%	+1.21 pp	7 q
BBIOBridgeBio Pharma, Inc.	3.72%	25,120,991	$1.0B	held	—	19 q
PGRProgressive Corporation	3.42%	5,863,559	$934M	added×5.1	+2.77 pp	8 q
DHRDanaher Corporation	3.40%	4,004,517	$926M	trimmed−3%	−0.75 pp	3 q
PMPhilip Morris International Inc.	3.32%	9,623,947	$905M	added+61%	+1.07 pp	3 q
ROIVRoivant Sciences Ltd.	2.86%	69,368,961	$779M	trimmed−6%	−0.63 pp	9 q
FTVFortive Corporation	2.84%	10,525,824	$775M	added+26%	+0.33 pp	18 q
AMZNAmazon.Com Inc	2.75%	4,929,649	$749M	trimmed−44%	−1.78 pp	35 q
AMPAmeriprise Financial, Inc.	2.67%	1,914,374	$727M	added+10%	+0.34 pp	12 q
AMDAdvanced Micro Devices	2.56%	4,737,399	$698M	new	+2.56 pp	new
HDBHDFC Bank Limited	2.40%	9,740,785	$654M	trimmed−4%	−0.03 pp	10 q
GEGE Aerospace	2.38%	5,086,398	$649M	trimmed−36%	−1.22 pp	10 q
DEDeere & Company	2.06%	1,406,562	$562M	new	+2.06 pp	new
MAMastercard Incorporated	1.81%	1,157,231	$494M	added×4.0	+1.34 pp	8 q
BMRNBioMarin Pharmaceuticals Inc	1.73%	4,889,454	$471M	added+16%	+0.21 pp	9 q
FCXFreeport-McMoran Inc.	1.73%	11,053,254	$471M	added+13%	+0.25 pp	2 q
GOOGLAlphabet Inc. Class A	1.69%	3,293,461	$460M	new	+1.69 pp	new
CBOECboe Global Markets, Inc.	1.58%	2,412,499	$431M	new	+1.58 pp	new
USBU.S. Bancorp	1.52%	9,569,638	$414M	new	+1.52 pp	new
unresolvedRayzebio Inc	1.51%	6,642,700	$413M	held	—	2 q
TTWOTake-Two Interactive Software Inc	1.42%	2,412,234	$388M	new	+1.42 pp	new
LWLamb Weston Holdings, Inc.	1.41%	3,545,376	$383M	new	+1.41 pp	new
METMetLife, Inc.	1.36%	5,616,556	$371M	added+91%	+0.61 pp	2 q
CBRECbre Group, Inc.	1.30%	3,809,555	$355M	added+52%	+0.55 pp	3 q
DASHDoorDash, Inc. Class A	1.27%	3,489,066	$345M	trimmed−35%	−0.47 pp	3 q
ISRGIntuitive Surgical Inc.	1.15%	931,484	$314M	added+45%	+0.39 pp	2 q
TMOThermo Fisher Scientific, Inc.	1.05%	538,485	$286M	trimmed−40%	−0.80 pp	15 q
RPRXRoyalty Pharma plc Class A	1.04%	10,087,417	$283M	added+7%	−0.01 pp	15 q
INBXInhibrx Biosciences, Inc.	1.00%	7,150,826	$272M	held	—	14 q
CPNGCoupang, Inc.	0.92%	15,494,869	$251M	added×3.6	+0.62 pp	4 q
DNAGinkgo Bioworks Holdings, Inc.	0.89%	143,085,126	$242M	held	—	10 q
TMUST-Mobile US, Inc.	0.89%	1,509,999	$242M	new	+0.89 pp	new
UNHUNITEDHEALTH GROUP INCORPORATED (Delaware)	0.89%	460,782	$243M	trimmed−75%	−2.92 pp	6 q
EGEverest Group, Ltd.	0.85%	652,302	$231M	trimmed−19%	−0.37 pp	3 q
ACHCAcadia Healthcare Company, Inc.	0.80%	2,800,350	$218M	added+24%	+0.15 pp	13 q
FIVNFIVE9, Inc.	0.78%	2,714,117	$214M	trimmed−24%	−0.16 pp	3 q
HCAHCA Healthcare, Inc.	0.72%	725,216	$196M	new	+0.72 pp	new
ADPTAdaptive Biotechnologies Corporation	0.54%	29,993,708	$147M	held	—	19 q
KBRKBR, Inc.	0.54%	2,633,844	$146M	added+69%	+0.17 pp	5 q
PPGPPG Industries, Inc.	0.53%	968,866	$145M	trimmed−76%	−1.61 pp	3 q
BSXBoston Scientific Corp.	0.48%	2,267,761	$131M	added×2.0	+0.24 pp	2 q
VVVValvoline Inc.	0.44%	3,176,309	$119M	trimmed−64%	−0.72 pp	6 q
CNHCnh Industrial N.v.	0.44%	9,856,276	$120M	added+46%	+0.11 pp	4 q
KKRKKR & Co. Inc.	0.42%	1,388,521	$115M	new	+0.42 pp	new
VEEVVeeva Systems Inc.	0.41%	579,753	$112M	new	+0.41 pp	new
CSXCSX Corporation	0.40%	3,133,913	$109M	trimmed−71%	−0.93 pp	5 q
EPAMEpam Systems, Inc.	0.40%	368,708	$110M	trimmed−60%	−0.56 pp	3 q
TEAMAtlassian Corporation Class A	0.38%	435,946	$104M	new	+0.38 pp	new
RRXRegal Rexnord Corporation	0.38%	691,717	$102M	new	+0.38 pp	new
PHVSPharvaris N.V.	0.38%	3,656,923	$103M	added+13%	+0.11 pp	12 q
FDMT4D Molecular Therapeutics, Inc.	0.36%	4,787,914	$97M	held	—	13 q
KDPKeurig Dr Pepper Inc.	0.35%	2,886,871	$96M	added+26%	+0.06 pp	2 q
VKTXViking Therapeutics, Inc	0.35%	5,145,112	$96M	added+13%	+0.14 pp	4 q
NAMSNewAmsterdam Pharma Company N.V.	0.33%	8,024,565	$90M	held	—	5 q
BEKEKE Holdings Inc.	0.31%	5,285,000	$86M	added+14%	+0.02 pp	2 q
LLYEli Lilly & Co.	0.30%	138,728	$81M	new	+0.30 pp	new
IFFInternational Flavors & Fragrances Inc.	0.28%	953,384	$77M	trimmed−54%	−0.29 pp	9 q
SYKStryker Corporation	0.27%	248,913	$75M	new	+0.27 pp	new
EWTXEdgewise Therapeutics, Inc.	0.25%	6,159,146	$67M	held	—	12 q
CDNSCadence Design Systems	0.23%	228,482	$62M	trimmed−86%	−1.35 pp	6 q
ZLABZai Lab Limited	0.19%	1,869,283	$51M	trimmed−25%	−0.06 pp	12 q
MRSHMarsh	0.17%	237,706	$45M	new	+0.17 pp	new
AMLXAmylyx Pharmaceuticals, Inc.	0.16%	2,962,555	$44M	held	—	8 q
PCORProcore Technologies, Inc.	0.16%	613,437	$42M	new	+0.16 pp	new
DAWNDay One Biopharmaceuticals, Inc.	0.14%	2,558,563	$37M	held	—	11 q
WOOFoot Locker Inc	0.12%	1,073,749	$33M	trimmed−52%	−0.04 pp	2 q
VSTMVerastem, Inc.	0.07%	2,456,292	$20M	held	—	3 q
CZOOFCazoo Group Ltd A	0.07%	2,142,728	$20M	new	+0.07 pp	new
LIANYLianbio SP/	0.06%	3,564,173	$16M	held	—	9 q
PEPGPepGen Inc.	0.04%	1,482,434	$10M	held	—	7 q
unresolvedRallybio Corp	0.04%	4,194,777	$10M	held	—	10 q
KNTEKinnate Biopharma Inc.	0.02%	1,820,462	$4M	held	—	13 q
TRVITrevi Therapeutics, Inc.	0.02%	4,400,000	$6M	held	—	6 q
MSFTMicrosoft Corp	—	−3,024,399	—	exited	−3.89 pp	—
XYZBlock, Inc.	—	−12,324,808	—	exited	−2.22 pp	—
FTNTFortinet, Inc.	—	−7,050,550	—	exited	−1.68 pp	—
LULUlululemon athletica inc.	—	−776,515	—	exited	−1.22 pp	—
UNMUnum Group	—	−4,778,110	—	exited	−0.96 pp	—
AJGArthur J. Gallagher & Co.	—	−957,820	—	exited	−0.89 pp	—
KRTXKaruna Therapeutics, Inc.	—	−1,131,263	—	exited	−0.78 pp	—
SNPSSynopsys Inc	—	−308,059	—	exited	−0.58 pp	—
CLColgate-Palmolive Company	—	−1,424,845	—	exited	−0.41 pp	—
DOVDover Corporation	—	−536,587	—	exited	−0.30 pp	—
THCTenet Healthcare Corporation New	—	−1,025,840	—	exited	−0.28 pp	—
DDOGDatadog, Inc. Class A	—	−668,511	—	exited	−0.25 pp	—
GTMZoomInfo Technologies Inc	—	−3,754,192	—	exited	−0.25 pp	—
CFLTConfluent, Inc. Class A	—	−1,983,066	—	exited	−0.24 pp	—
MBLYMobileye Global Inc. Class A	—	−1,011,692	—	exited	−0.17 pp	—
DGDollar General Corp.	—	−368,172	—	exited	−0.16 pp	—
ARMArm Holdings plc	—	−600,000	—	exited	−0.13 pp	—
FTCHQFarfetch Limited A	—	−10,844,009	—	exited	−0.09 pp	—
CARTMaplebear Inc.	—	−125,000	—	exited	−0.02 pp	—