Andreas Halvorsen, Viking Global Investors

Portfolio USD 35,079,224,000 across 90 positions as of 2026 Q2; history from 2019 Q1. Source: quarterly 13F filings via dataroma.com.

Positions, 2026 Q2

• V Visa Inc.: 6.3% of portfolio, USD 2,193,582,000, add +1.03%
• TSM Taiwan Semiconductor S.A.: 4.3% of portfolio, USD 1,512,988,000, reduce -29.05%
• APD Air Products & Chemicals: 4.0% of portfolio, USD 1,389,776,000, add +15.5%
• SHW Sherwin-Williams: 3.8% of portfolio, USD 1,334,543,000, add +24.52%
• FTV Fortive Corp.: 3.5% of portfolio, USD 1,217,815,000, reduce -11.32%
• META Meta Platforms Inc.: 3.0% of portfolio, USD 1,052,011,000, add +75.76%
• SCHW Charles Schwab Corp.: 2.8% of portfolio, USD 981,648,000, reduce -27.45%
• TMO Thermo Fisher Scientific: 2.8% of portfolio, USD 971,342,000, add +16.15%
• JPM JPMorgan Chase & Co.: 2.7% of portfolio, USD 949,056,000, add +7.23%
• LII Lennox International: 2.6% of portfolio, USD 911,540,000, add +1.18%
• AMZN Amazon.com Inc.: 2.5% of portfolio, USD 882,063,000, add +209.58%
• RACE Ferrari NV: 2.3% of portfolio, USD 816,922,000, new
• CVNA Carvana Co.: 2.3% of portfolio, USD 811,055,000, reduce -11.35%
• MCD McDonald's Corp.: 2.2% of portfolio, USD 764,750,000, reduce -21.95%
• BBIO BridgeBio Pharma Inc.: 2.1% of portfolio, USD 741,018,000, reduce -15.99%
• BA Boeing Co.: 2.0% of portfolio, USD 708,901,000, add +2.47%
• MAA Mid-America Apt Communties: 2.0% of portfolio, USD 700,719,000, add +5.1%
• DIS Walt Disney Co.: 2.0% of portfolio, USD 688,997,000, reduce -46.17%
• FDX FedEx Corp.: 1.9% of portfolio, USD 673,850,000, add +11.38%
• MSCI MSCI Inc.: 1.9% of portfolio, USD 650,031,000, new
• ADPT Adaptive Biotechnologies Corp.: 1.8% of portfolio, USD 643,365,000, hold
• WAT Waters Corp.: 1.8% of portfolio, USD 623,369,000, add +32.29%
• JCI Johnson Controls Intl. plc: 1.8% of portfolio, USD 614,056,000, reduce -4.91%
• UNP Union Pacific: 1.6% of portfolio, USD 556,874,000, new
• MSFT Microsoft Corp.: 1.6% of portfolio, USD 544,094,000, reduce -36.84%
• SE Sea Ltd: 1.6% of portfolio, USD 543,344,000, add +19.69%
• CPT Camden Property Trust: 1.5% of portfolio, USD 516,728,000, reduce -4.29%
• RRX Regal Rexnord Corp.: 1.4% of portfolio, USD 500,618,000, reduce -33.13%
• BMRN BioMarin Pharmaceutical Inc.: 1.2% of portfolio, USD 435,820,000, add +7.85%
• IBKR Interactive Brokers Group Inc.: 1.2% of portfolio, USD 420,468,000, add +246.46%
• DLR Digital Realty Trust Inc.: 1.2% of portfolio, USD 414,915,000, new
• CCL Carnival Corp.: 1.2% of portfolio, USD 408,550,000, add +4.22%
• GM General Motors: 1.1% of portfolio, USD 385,850,000, reduce -45.45%
• AON Aon Plc: 1.1% of portfolio, USD 381,864,000, add +5.9%
• CVS CVS Health Corp.: 1.1% of portfolio, USD 378,975,000, new
• FDXF FedEx Freight Holding Co.: 1.0% of portfolio, USD 357,362,000, new
• ICE Intercontinental Exchange Inc.: 1.0% of portfolio, USD 341,893,000, reduce -42.58%
• MS Morgan Stanley: 1.0% of portfolio, USD 339,187,000, new
• HD Home Depot: 0.9% of portfolio, USD 324,675,000, add +82.56%
• TIC Acuren Corporation: 0.8% of portfolio, USD 289,821,000, hold
• QCOM QUALCOMM Inc.: 0.8% of portfolio, USD 279,806,000, new
• APTV Aptiv PLC: 0.8% of portfolio, USD 279,456,000, new
• RDDT Reddit Inc Cl A: 0.8% of portfolio, USD 271,743,000, reduce -38.65%
• HAS Hasbro Inc.: 0.7% of portfolio, USD 256,623,000, reduce -16.9%
• AVB-OLD AvalonBay Communities: 0.7% of portfolio, USD 252,803,000, new
• DKS Dick's Sporting Goods Inc.: 0.7% of portfolio, USD 250,882,000, reduce -12.5%
• SNOW Snowflake Inc.: 0.7% of portfolio, USD 244,355,000, new
• EQH Equitable Holdings Inc.: 0.7% of portfolio, USD 236,904,000, new
• TTWO Take-Two Interactive Software: 0.7% of portfolio, USD 235,132,000, new
• TSLA Tesla Inc.: 0.7% of portfolio, USD 230,411,000, reduce -78.03%
• ATI Allegheny Technologies Inc.: 0.7% of portfolio, USD 227,430,000, reduce -65.38%
• ROIV Roivant Sciences Ltd: 0.6% of portfolio, USD 221,947,000, reduce -5.73%
• SPCX Space Exploration Technologies Corp.: 0.6% of portfolio, USD 205,032,000, new
• AS Amer Sports Inc: 0.6% of portfolio, USD 201,495,000, reduce -18.1%
• MANE Veradermics Inc: 0.6% of portfolio, USD 191,970,000, reduce -7.63%
• MDLN Medline Inc Cl A: 0.5% of portfolio, USD 190,932,000, reduce -57.66%
• BCE BCE Inc.: 0.5% of portfolio, USD 180,581,000, new
• USFD US Foods Holding Corp.: 0.5% of portfolio, USD 177,337,000, new
• ORKA Oruka Therapeutics Inc: 0.4% of portfolio, USD 143,086,000, reduce -43.62%
• NAMS Newamsterdam Pharma Co Nv: 0.4% of portfolio, USD 142,459,000, hold
• SION Sionna Therapeutics Inc: 0.4% of portfolio, USD 140,556,000, hold
• CB Chubb Limited: 0.4% of portfolio, USD 128,565,000, reduce -70.86%
• PHVS Pharvaris NV: 0.4% of portfolio, USD 126,331,000, hold
• UBS UBS AG: 0.3% of portfolio, USD 120,765,000, new
• BTSG Brightspring Health Services: 0.3% of portfolio, USD 112,856,000, new
• INBX Inhibrx: 0.3% of portfolio, USD 106,492,000, reduce -21.82%
• NTRA Natera Inc.: 0.3% of portfolio, USD 106,054,000, new
• DB Deutsche Bank AG: 0.2% of portfolio, USD 84,981,000, new
• COF Capital One Financial: 0.2% of portfolio, USD 77,803,000, reduce -75.95%
• CRBG Corebridge Financial Inc.: 0.2% of portfolio, USD 76,710,000, new
• SEDG SolarEdge Technologies Inc.: 0.2% of portfolio, USD 63,610,000, new
• DMRA Damora Therapeutics Inc.: 0.2% of portfolio, USD 60,111,000, hold
• ORIC ORIC Pharmaceuticals Inc.: 0.2% of portfolio, USD 55,523,000, reduce -11.98%
• BRKR Bruker Corp.: 0.2% of portfolio, USD 53,770,000, new
• LAB Standard Biotools Inc: 0.1% of portfolio, USD 48,252,000, hold
• DNA Ginkgo Bioworks Holdings Inc.: 0.1% of portfolio, USD 35,449,000, hold
• CME CME Group: 0.1% of portfolio, USD 33,783,000, new
• TW Tradeweb Markets Inc.: 0.1% of portfolio, USD 31,315,000, new
• TRVI Trevi Therapeutics Inc.: 0.1% of portfolio, USD 28,808,000, reduce -51.71%
• INFQ Infleqtion Inc: 0.1% of portfolio, USD 27,075,000, new
• ARTV Artiva Biotherapeutics Inc: 0.1% of portfolio, USD 25,260,000, new
• QNT Quantinuum Inc A: 0.1% of portfolio, USD 25,022,000, new
• FRVO Fervo Energy Co A: 0.1% of portfolio, USD 21,923,000, new
• ALT Altimmune Inc.: 0.1% of portfolio, USD 20,368,000, new
• TOL Toll Brothers: 0.1% of portfolio, USD 18,099,000, new
• DPC Dpc Holdings Plc: <0.1% of portfolio, USD 15,018,000, new
• XE X Energy Inc: <0.1% of portfolio, USD 13,114,000, new
• AZUL Azul S.A.: <0.1% of portfolio, USD 12,134,000, new
• RLYB Rallybio Corp.: <0.1% of portfolio, USD 8,390,000, hold
• PEPG Pepgen Inc: <0.1% of portfolio, USD 6,268,000, hold

Portfolio value, all published quarters

• 2019 Q1: USD 17,443,901,902
• 2019 Q2: USD 22,205,991,812
• 2019 Q3: USD 19,198,862,496
• 2019 Q4: USD 21,353,271,072
• 2020 Q1: USD 19,220,235,445
• 2020 Q2: USD 23,137,996,927
• 2020 Q3: USD 27,676,782,982
• 2020 Q4: USD 36,363,529,250
• 2021 Q1: USD 33,565,733,563
• 2021 Q2: USD 32,927,827,475
• 2021 Q3: USD 35,923,953,668
• 2021 Q4: USD 34,481,329,154
• 2022 Q1: USD 24,629,602,711
• 2022 Q2: USD 21,788,890,915
• 2022 Q3: USD 21,569,316,788
• 2022 Q4: USD 19,893,683,128
• 2023 Q1: USD 21,226,988,423
• 2023 Q2: USD 24,337,160,368
• 2023 Q3: USD 24,565,315,393
• 2023 Q4: USD 27,256,323,071
• 2024 Q1: USD 26,843,590,240
• 2024 Q2: USD 26,014,662,982
• 2024 Q3: USD 27,432,593,067
• 2024 Q4: USD 30,912,310,569
• 2025 Q1: USD 31,475,955,788
• 2025 Q2: USD 34,600,171,605
• 2025 Q3: USD 38,489,557,747
• 2025 Q4: USD 37,463,318,930
• 2026 Q1: USD 35,745,140,451
• 2026 Q2: USD 35,079,224,000