Viking Global

Q1 2024 13F · by Andreas Halvorsen, CEO

As of: Mar 31, 2024
Filed: May 15, 2024
US stock: $26.9B · prev $27.3B
Positions: 83 · prev 78
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%

Moves87 since the prior filing

+29.5 pp in · −28.6 pp out

New 22 +15.72 pp
Added 19 +13.82 pp
Trimmed 29 −11.96 pp
Exited 17 −16.63 pp

The book

Focused · behaves like 37 equal-sized positions

Very concentrated
Concentrated
Focused
Diversified

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

Low
Moderate
High

Top 5 positions25% of US stock

V VISA Inc. added+1.14 pp added+1.146.6%
WDAY Workday, Inc. Class A added+1.21 pp added+1.215.4%
AMZN Amazon.Com Inc added+1.89 pp added+1.894.6%
PM Philip Morris International Inc. added+1.12 pp added+1.124.4%
APG APi Group Corporation trimmed−0.11 pp trimmed−0.114.2%

Positions83 in this filing · 17 exited


VVISA Inc.	6.57%	6,327,962	$1.8B	added+11%	+1.14 pp	31 q
WDAYWorkday, Inc. Class A	5.37%	5,288,586	$1.4B	added+29%	+1.21 pp	5 q
AMZNAmazon.Com Inc	4.64%	6,902,351	$1.2B	added+40%	+1.89 pp	36 q
PMPhilip Morris International Inc.	4.44%	13,016,896	$1.2B	added+35%	+1.12 pp	4 q
APGAPi Group Corporation	4.24%	28,984,298	$1.1B	trimmed−16%	−0.11 pp	16 q
USBU.S. Bancorp	3.77%	22,626,465	$1.0B	added×2.4	+2.25 pp	2 q
LVSLas Vegas Sands Corp.	3.26%	16,923,581	$875M	new	+3.26 pp	new
FTVFortive Corporation	3.04%	9,497,292	$817M	trimmed−10%	+0.20 pp	19 q
BBIOBridgeBio Pharma, Inc.	2.89%	25,120,991	$777M	held	—	20 q
ROIVRoivant Sciences Ltd.	2.72%	69,368,961	$731M	held	—	10 q
AMDAdvanced Micro Devices	2.66%	3,952,088	$713M	trimmed−17%	+0.10 pp	2 q
AMPAmeriprise Financial, Inc.	2.66%	1,626,845	$713M	trimmed−15%	−0.01 pp	13 q
TMUST-Mobile US, Inc.	2.66%	4,381,297	$715M	added×2.9	+1.77 pp	2 q
DHRDanaher Corporation	2.64%	2,837,937	$709M	trimmed−29%	−0.76 pp	4 q
UNHUNITEDHEALTH GROUP INCORPORATED (Delaware)	2.51%	1,361,207	$673M	added×3.0	+1.62 pp	7 q
MSFTMicrosoft Corp	2.50%	1,596,887	$672M	new	+2.50 pp	new
AAPLApple Inc.	2.47%	3,870,990	$664M	new	+2.47 pp	new
PGRProgressive Corporation	2.34%	3,032,941	$627M	trimmed−48%	−1.08 pp	9 q
BMRNBioMarin Pharmaceuticals Inc	2.09%	6,416,288	$560M	added+31%	+0.36 pp	10 q
GEGE Aerospace	1.79%	2,731,787	$480M	trimmed−46%	−0.59 pp	11 q
FCXFreeport-McMoran Inc.	1.67%	9,517,164	$447M	trimmed−14%	−0.06 pp	3 q
CBRECbre Group, Inc.	1.65%	4,568,632	$444M	added+20%	+0.35 pp	4 q
MAMastercard Incorporated	1.42%	794,313	$383M	trimmed−31%	−0.39 pp	9 q
METAMeta Platforms, Inc. Class A	1.32%	731,983	$355M	trimmed−76%	−2.56 pp	14 q
RPRXRoyalty Pharma plc Class A	1.30%	11,485,547	$349M	added+14%	+0.26 pp	16 q
TEAMAtlassian Corporation Class A	1.27%	1,748,686	$341M	added×4.0	+0.89 pp	2 q
DLTRDollar Tree Inc.	1.27%	2,571,820	$342M	new	+1.27 pp	new
HDBHDFC Bank Limited	1.24%	5,929,295	$332M	trimmed−39%	−1.16 pp	11 q
MCKMcKesson Corporation	1.18%	590,580	$317M	trimmed−74%	−2.61 pp	8 q
ISRGIntuitive Surgical Inc.	1.15%	771,837	$308M	trimmed−17%	0.00 pp	3 q
CBOECboe Global Markets, Inc.	1.13%	1,655,050	$304M	trimmed−31%	−0.45 pp	2 q
TTWOTake-Two Interactive Software Inc	1.11%	2,009,195	$298M	trimmed−17%	−0.31 pp	2 q
ADBEAdobe Inc.	1.06%	562,548	$284M	new	+1.06 pp	new
INBXInhibrx Biosciences, Inc.	0.93%	7,150,826	$250M	held	—	15 q
FIVNFIVE9, Inc.	0.80%	3,452,138	$214M	added+27%	+0.02 pp	4 q
ACHCAcadia Healthcare Company, Inc.	0.76%	2,564,237	$203M	trimmed−8%	−0.04 pp	14 q
FERGFerguson Enterprises Inc.	0.71%	875,421	$191M	new	+0.71 pp	new
NAMSNewAmsterdam Pharma Company N.V.	0.71%	8,024,565	$190M	held	—	6 q
HCAHCA Healthcare, Inc.	0.66%	529,401	$177M	trimmed−27%	−0.06 pp	2 q
DNAGinkgo Bioworks Holdings, Inc.	0.62%	143,085,126	$166M	held	—	11 q
EPAMEpam Systems, Inc.	0.60%	579,543	$160M	added+57%	+0.20 pp	4 q
HUMHumana Inc.	0.60%	464,130	$161M	new	+0.60 pp	new
RRXRegal Rexnord Corporation	0.60%	900,529	$162M	added+30%	+0.22 pp	2 q
LABStandard BioTools Inc.	0.59%	58,651,170	$159M	new	+0.59 pp	new
CNHCnh Industrial N.v.	0.58%	11,956,128	$155M	added+21%	+0.14 pp	5 q
CSXCSX Corporation	0.55%	3,957,797	$147M	added+26%	+0.15 pp	6 q
KDPKeurig Dr Pepper Inc.	0.51%	4,461,076	$137M	added+55%	+0.16 pp	3 q
LWLamb Weston Holdings, Inc.	0.48%	1,205,772	$128M	trimmed−66%	−0.93 pp	2 q
BSXBoston Scientific Corp.	0.44%	1,724,755	$118M	trimmed−24%	−0.04 pp	3 q
KKRKKR & Co. Inc.	0.40%	1,071,166	$108M	trimmed−23%	−0.02 pp	2 q
VVVValvoline Inc.	0.40%	2,383,579	$106M	trimmed−25%	−0.04 pp	7 q
LLYEli Lilly & Co.	0.39%	134,608	$105M	trimmed−3%	+0.09 pp	2 q
CPTCamden Property Trust	0.38%	1,030,340	$101M	new	+0.38 pp	new
ADPTAdaptive Biotechnologies Corporation	0.36%	29,993,708	$96M	held	—	20 q
FDMT4D Molecular Therapeutics, Inc.	0.35%	2,934,914	$94M	trimmed−39%	−0.01 pp	14 q
KNXKnight-Swift Transportation Holdings Inc. Class A	0.35%	1,717,327	$94M	new	+0.35 pp	new
PPGPPG Industries, Inc.	0.33%	619,433	$90M	trimmed−36%	−0.20 pp	4 q
VKTXViking Therapeutics, Inc	0.33%	1,094,940	$90M	trimmed−79%	−0.02 pp	5 q
APDAir Products & Chemicals, Inc.	0.31%	338,206	$82M	new	+0.31 pp	new
VRTVertiv Holdings Co Class A	0.31%	1,017,994	$83M	new	+0.31 pp	new
PHVSPharvaris N.V.	0.31%	3,653,310	$84M	trimmed−0%	−0.07 pp	13 q
PCORProcore Technologies, Inc.	0.30%	991,229	$81M	added+62%	+0.14 pp	2 q
EQHEquitable Holdings, Inc.	0.29%	2,057,191	$78M	new	+0.29 pp	new
TMOThermo Fisher Scientific, Inc.	0.28%	128,489	$75M	trimmed−76%	−0.77 pp	16 q
BEKEKE Holdings Inc.	0.27%	5,246,500	$72M	trimmed−1%	−0.04 pp	3 q
CLXClorox Company	0.26%	457,659	$70M	new	+0.26 pp	new
OSCROscar Health, Inc.	0.26%	4,732,002	$70M	new	+0.26 pp	new
SKAASkechers USA Inc-cl A	0.25%	1,090,121	$67M	new	+0.25 pp	new
EWTXEdgewise Therapeutics, Inc.	0.23%	3,339,146	$61M	trimmed−46%	−0.02 pp	13 q
IMVTImmunovant, Inc.	0.22%	1,809,172	$58M	new	+0.22 pp	new
ORICOric Pharmaceuticals, Inc.	0.20%	4,000,000	$55M	new	+0.20 pp	new
ITGRInteger Holdings Corporation	0.19%	428,399	$50M	new	+0.19 pp	new
DAWNDay One Biopharmaceuticals, Inc.	0.16%	2,558,563	$42M	held	—	12 q
ZLABZai Lab Limited	0.12%	2,048,129	$33M	added+10%	−0.07 pp	13 q
WTWWillis Towers Watson Public Limited Company	0.12%	112,344	$31M	new	+0.12 pp	new
VSTMVerastem, Inc.	0.11%	2,456,292	$29M	held	—	4 q
CZOOFCazoo Group Ltd A	0.10%	2,142,728	$26M	held	—	2 q
LBPHLongboard Pharmaceuticals In	0.08%	981,328	$21M	new	+0.08 pp	new
PEPGPepGen Inc.	0.08%	1,482,434	$22M	held	—	8 q
TRVITrevi Therapeutics, Inc.	0.06%	4,400,000	$15M	held	—	7 q
RDDTReddit, Inc.	0.04%	225,000	$11M	new	+0.04 pp	new
unresolvedRallybio Corp	0.03%	4,194,777	$8M	held	—	11 q
KNTEKinnate Biopharma Inc.	0.02%	1,820,462	$5M	held	—	14 q
UPSUnited Parcel Service, Inc. Class B	—	−8,199,127	—	exited	−4.73 pp	—
DEDeere & Company	—	−1,406,562	—	exited	−2.06 pp	—
GOOGLAlphabet Inc. Class A	—	−3,293,461	—	exited	−1.69 pp	—
unresolvedRayzebio Inc	—	−6,642,700	—	exited	−1.51 pp	—
METMetLife, Inc.	—	−5,616,556	—	exited	−1.36 pp	—
DASHDoorDash, Inc. Class A	—	−3,489,066	—	exited	−1.27 pp	—
CPNGCoupang, Inc.	—	−15,494,869	—	exited	−0.92 pp	—
EGEverest Group, Ltd.	—	−652,302	—	exited	−0.85 pp	—
KBRKBR, Inc.	—	−2,633,844	—	exited	−0.54 pp	—
VEEVVeeva Systems Inc.	—	−579,753	—	exited	−0.41 pp	—
IFFInternational Flavors & Fragrances Inc.	—	−953,384	—	exited	−0.28 pp	—
SYKStryker Corporation	—	−248,913	—	exited	−0.27 pp	—
CDNSCadence Design Systems	—	−228,482	—	exited	−0.23 pp	—
MRSHMarsh	—	−237,706	—	exited	−0.17 pp	—
AMLXAmylyx Pharmaceuticals, Inc.	—	−2,962,555	—	exited	−0.16 pp	—
WOOFoot Locker Inc	—	−1,073,749	—	exited	−0.12 pp	—
LIANYLianbio SP/	—	−3,564,173	—	exited	−0.06 pp	—