← Latest Viking Global portfolio

Viking Global portfolio · 2025-09-30

Form 13F reports holdings as of 2025-09-30 and was filed on 2025-11-14. It is delayed, can omit confidential positions, and is not the manager's current portfolio or fund NAV. Options show reported underlying value—not premium, net exposure, or investment intent.

Disclosed long book

$37.34 billion

Long positions

78

Calls / puts

0 / 0

Top 5 concentration

20.4%

Longs with AI data

17 / 78

Average AI 1Y

+18.8%

13F filing comparison

Quarter-over-quarter changes

2025-06-30 to 2025-09-30

Newly reported

16

No longer reported

21

Increased

31

Reduced

21

Newly reported this quarter

Present now and absent from the immediately preceding comparable filing.

PositionKindSharesValue

MSFT

MICROSOFT CORP

LONG2,429,412$1.26 billion

NETFLIX INC

NETFLIX INC

LONG500,812$600.4 million

DRAFTKINGS INC NEW

DRAFTKINGS INC NEW

LONG15,003,351$561.1 million

UBS GROUP AG

UBS GROUP AG

LONG13,096,560$534.9 million

AON

AON PLC

LONG1,414,618$504.4 million

CLS

CELESTICA INC

LONG1,722,780$424.5 million

MAA

MID-AMER APT CMNTYS INC

LONG2,645,082$369.6 million

KKR & CO INC

KKR & CO INC

LONG2,709,024$352.0 million

EW

EDWARDS LIFESCIENCES CORP

LONG3,069,151$238.7 million

CHEWY INC

CHEWY INC

LONG5,483,690$221.8 million

DEUTSCHE BANK AG

DEUTSCHE BANK AG

LONG6,102,855$214.6 million

CBRE

CBRE GROUP INC

LONG1,210,004$190.6 million

INTU

INTUIT

LONG264,136$180.4 million

DECK

DECKERS OUTDOOR CORP

LONG1,726,926$175.1 million

ORUKA THERAPEUTICS INC

ORUKA THERAPEUTICS INC

LONG2,666,690$51.3 million

STUBHUB HLDGS INC

STUBHUB HLDGS INC

LONG2,040,816$34.4 million

No longer reported this quarter

Present in the prior comparable filing and absent from this one.

PositionKindPrior sharesPrior value

AMAZON COM INC

AMAZON COM INC · COM

LONG3,897,092$855.0 million

AMERICAN INTL GROUP INC

AMERICAN INTL GROUP INC · COM NEW

LONG1,815,785$155.4 million

AMERICAN TOWER CORP NEW

AMERICAN TOWER CORP NEW · COM

LONG2,797,125$618.2 million

BLOCK INC

BLOCK INC · CL A

LONG5,420,475$368.2 million

CARNIVAL CORP

CARNIVAL CORP · UNIT 99/99/9999

LONG13,207,267$371.4 million

CME GROUP INC

CME GROUP INC · COM

LONG597,374$164.6 million

D R HORTON INC

D R HORTON INC · COM

LONG2,827,032$364.5 million

ELI LILLY & CO

ELI LILLY & CO · COM

LONG416,918$325.0 million

FERRARI NV

FERRARI NV · COM

LONG721,269$353.5 million

FLUTTER ENTMT PLC

FLUTTER ENTMT PLC · SHS

LONG2,284,905$652.9 million

GALLAGHER ARTHUR J & CO

GALLAGHER ARTHUR J & CO · COM

LONG725,795$232.3 million

HEALTHEQUITY INC

HEALTHEQUITY INC · COM

LONG219,746$23.0 million

LENNAR CORP

LENNAR CORP · CL A

LONG2,523,594$279.1 million

METSERA INC

METSERA INC · COM

LONG1,616,612$46.0 million

MOLINA HEALTHCARE INC

MOLINA HEALTHCARE INC · COM

LONG267,421$79.7 million

NVIDIA CORPORATION

NVIDIA CORPORATION · COM

LONG3,681,935$581.7 million

QUALCOMM INC

QUALCOMM INC · COM

LONG3,152,866$502.1 million

ROYALTY PHARMA PLC

ROYALTY PHARMA PLC · SHS CLASS A

LONG2,597,460$93.6 million

THE TRADE DESK INC

THE TRADE DESK INC · COM CL A

LONG2,674,320$192.5 million

UBS GROUP AG

UBS GROUP AG · COM

LONG2,580,412$87.3 million

US BANCORP DEL

US BANCORP DEL · COM NEW

LONG24,089,428$1.09 billion

“No longer reported” means the position is absent from this comparable 13F filing. It does not prove the manager sold it: reporting thresholds, confidential treatment, corporate actions, or instrument changes can also explain the omission.

PositionKindSharesValueLong weightQuarter changeAI at filing · 1YAI now

PNC

PNC Financial Services Group Inc.

LONG7,956,766$1.60 billion4.3%INCREASED13.2%

1Y +12.3%

5Y +59.2% · 24 models

JPM

JPMorgan Chase & Co.

LONG5,059,060$1.60 billion4.3%INCREASED13.2%

1Y +12.9%

5Y +66.7% · 25 models

SCHW

Charles Schwab Corporation

LONG16,583,101$1.58 billion4.2%INCREASED17.3%

1Y +16.6%

5Y +77.0% · 24 models

CAPITAL ONE FINL CORP

CAPITAL ONE FINL CORP · COM · 14040H105

LONG7,388,506$1.57 billion4.2%INCREASED

1Y —

5Y —

MSFT

Microsoft Corporation

LONG2,429,412$1.26 billion3.4%NEWLY REPORTED17.9%

1Y +16.8%

5Y +100.8% · 25 models

DIS

Walt Disney Co.

LONG10,449,711$1.20 billion3.2%INCREASED15.2%

1Y +14.7%

5Y +71.8% · 25 models

TSM

Taiwan Semiconductor Manufacturing Co.

LONG3,944,366$1.10 billion3.0%REDUCED25.7%

1Y +24.4%

5Y +142.1% · 24 models

MCD

McDonald's Corp.

LONG3,374,875$1.03 billion2.7%INCREASED9.9%

1Y +9.7%

5Y +52.4% · 24 models

FTV

Fortive

LONG20,483,680$1.00 billion2.7%INCREASED

1Y —

5Y —

AIR PRODUCTS AND CHEMICALS I

AIR PRODUCTS AND CHEMICALS I · COM · 009158106

LONG3,667,119$1.00 billion2.7%INCREASED

1Y —

5Y —

SHW

Sherwin-Williams

LONG2,881,091$997.6 million2.7%INCREASED

1Y —

5Y —

V

Visa Inc.

LONG2,897,030$989.0 million2.6%INCREASED

1Y —

5Y —

BRIDGEBIO PHARMA INC

BRIDGEBIO PHARMA INC · COM · 10806X102

LONG15,977,849$829.9 million2.2%REDUCED

1Y —

5Y —

GM

General Motors

LONG13,027,139$794.3 million2.1%INCREASED

1Y —

5Y —

CARVANA CO

CARVANA CO · CL A · 146869102

LONG2,101,241$792.7 million2.1%INCREASED

1Y —

5Y —

TMUS

T-Mobile US

LONG3,262,466$781.0 million2.1%INCREASED

1Y —

5Y —

JCI

Johnson Controls

LONG6,796,942$747.3 million2.0%INCREASED

1Y —

5Y —

BLK

BlackRock Inc.

LONG619,492$722.2 million1.9%INCREASED13.5%

1Y +13.7%

5Y +74.6% · 24 models

PM

Philip Morris International

LONG4,426,128$717.9 million1.9%INCREASED

1Y —

5Y —

TSLA

Tesla Inc.

LONG1,609,828$715.9 million1.9%INCREASED27.7%

1Y +20.8%

5Y +138.0% · 25 models

META

Meta Platforms Inc.

LONG929,003$682.2 million1.8%INCREASED24.5%

1Y +22.4%

5Y +133.8% · 25 models

AMD

Advanced Micro Devices Inc.

LONG4,181,269$676.5 million1.8%INCREASED28.1%

1Y +26.1%

5Y +157.0% · 25 models

BA

Boeing Co.

LONG3,010,551$649.8 million1.7%INCREASED21.1%

1Y +19.2%

5Y +90.6% · 25 models

NIKE INC

NIKE INC · CL B · 654106103

LONG8,996,579$627.3 million1.7%INCREASED

1Y —

5Y —

NETFLIX INC

NETFLIX INC · COM · 64110L106

LONG500,812$600.4 million1.6%NEWLY REPORTED

1Y —

5Y —

BANK AMERICA CORP

BANK AMERICA CORP · COM · 060505104

LONG11,500,290$593.3 million1.6%REDUCED

1Y —

5Y —

HCA

HCA Healthcare

LONG1,380,583$588.4 million1.6%REDUCED

1Y —

5Y —

CSX

CSX Corporation

LONG15,947,719$566.3 million1.5%REDUCED

1Y —

5Y —

DRAFTKINGS INC NEW

DRAFTKINGS INC NEW · COM CL A · 26142V105

LONG15,003,351$561.1 million1.5%NEWLY REPORTED

1Y —

5Y —

COR

Cencora

LONG1,778,135$555.7 million1.5%REDUCED

1Y —

5Y —

DANAHER CORPORATION

DANAHER CORPORATION · COM · 235851102

LONG2,751,245$545.5 million1.5%REDUCED

1Y —

5Y —

SEA LTD

SEA LTD · SPONSORD ADS · 81141R100

LONG3,039,203$543.2 millionREDUCED

1Y —

5Y —

UBS GROUP AG

UBS GROUP AG · SHS · H42097107

LONG13,096,560$534.9 million1.4%NEWLY REPORTED

1Y —

5Y —

PRIMO BRANDS CORPORATION

PRIMO BRANDS CORPORATION · CLASS A COM SHS · 741623102

LONG23,033,970$509.1 million1.4%INCREASED

1Y —

5Y —

AON

Aon plc

LONG1,414,618$504.4 million1.4%NEWLY REPORTED

1Y —

5Y —

TIC SOLUTIONS INC

TIC SOLUTIONS INC · COM · 00510N102

LONG34,360,000$457.3 million1.2%UNCHANGED

1Y —

5Y —

BIOMARIN PHARMACEUTICAL INC

BIOMARIN PHARMACEUTICAL INC · COM · 09061G101

LONG8,322,179$450.7 million1.2%REDUCED

1Y —

5Y —

ADAPTIVE BIOTECHNOLOGIES COR

ADAPTIVE BIOTECHNOLOGIES COR · COM · 00650F109

LONG29,993,708$448.7 million1.2%UNCHANGED

1Y —

5Y —

REGAL REXNORD CORPORATION

REGAL REXNORD CORPORATION · COM · 758750103

LONG3,123,262$448.0 million1.2%REDUCED

1Y —

5Y —

CLS

Celestica Inc.

LONG1,722,780$424.5 million1.1%NEWLY REPORTED26.9%

1Y +29.3%

5Y +149.8% · 23 models

APG

APi Group Corporation

LONG12,306,277$423.0 million1.1%INCREASED21.3%

1Y +18.2%

5Y +98.3% · 23 models

SAIA INC

SAIA INC · COM · 78709Y105

LONG1,383,888$414.3 million1.1%INCREASED

1Y —

5Y —

CAMDEN PPTY TR

CAMDEN PPTY TR · SH BEN INT · 133131102

LONG3,846,740$410.8 millionINCREASED

1Y —

5Y —

MAA

Mid-America Apartments

LONG2,645,082$369.6 million1.0%NEWLY REPORTED

1Y —

5Y —

ROIV

Roivant Sciences Ltd

LONG23,594,831$357.0 million1.0%REDUCED36.5%

1Y +31.6%

5Y +161.2% · 25 models

KKR & CO INC

KKR & CO INC · COM · 48251W104

LONG2,709,024$352.0 million0.9%NEWLY REPORTED

1Y —

5Y —

ROSS STORES INC

ROSS STORES INC · COM · 778296103

LONG2,023,868$308.4 million0.8%REDUCED

1Y —

5Y —

CMG

Chipotle Mexican Grill Inc.

LONG6,636,563$260.1 million0.7%INCREASED16.7%

1Y +16.0%

5Y +94.8% · 24 models

BSX

Boston Scientific

LONG2,641,682$257.9 million0.7%REDUCED

1Y —

5Y —

EW

Edwards Lifesciences

LONG3,069,151$238.7 million0.6%NEWLY REPORTED

1Y —

5Y —

RALLIANT CORP

RALLIANT CORP · COM · 750940108

LONG5,082,472$222.3 million0.6%REDUCED

1Y —

5Y —

CHEWY INC

CHEWY INC · CL A · 16679L109

LONG5,483,690$221.8 million0.6%NEWLY REPORTED

1Y —

5Y —

AMER SPORTS INC

AMER SPORTS INC · COM SHS · G0260P102

LONG6,343,481$220.4 million0.6%INCREASED

1Y —

5Y —

DEUTSCHE BANK AG

DEUTSCHE BANK AG · NAMEN AKT · D18190898

LONG6,102,855$214.6 millionNEWLY REPORTED

1Y —

5Y —

CBRE

CBRE Group

LONG1,210,004$190.6 million0.5%NEWLY REPORTED

1Y —

5Y —

NEWAMSTERDAM PHARMA COMPANY

NEWAMSTERDAM PHARMA COMPANY · ORDINARY SHARES · N62509109

LONG6,475,534$184.2 million0.5%REDUCED

1Y —

5Y —

INTU

Intuit Inc.

LONG264,136$180.4 million0.5%NEWLY REPORTED16.1%

1Y +15.7%

5Y +94.7% · 24 models

DECK

Deckers Brands

LONG1,726,926$175.1 million0.5%NEWLY REPORTED

1Y —

5Y —

FSLR

First Solar

LONG767,996$169.4 million0.5%REDUCED

1Y —

5Y —

MASIMO CORP

MASIMO CORP · COM · 574795100

LONG1,073,433$158.4 million0.4%INCREASED

1Y —

5Y —

CSGP

CoStar Group

LONG1,849,729$156.1 million0.4%REDUCED

1Y —

5Y —

APPLOVIN CORP

APPLOVIN CORP · COM CL A · 03831W108

LONG162,525$116.8 million0.3%REDUCED

1Y —

5Y —

RYAN SPECIALTY HOLDINGS INC

RYAN SPECIALTY HOLDINGS INC · CL A · 78351F107

LONG1,934,957$109.1 million0.3%INCREASED

1Y —

5Y —

INTEGER HLDGS CORP

INTEGER HLDGS CORP · COM · 45826H109

LONG1,024,942$105.9 million0.3%REDUCED

1Y —

5Y —

SIONNA THERAPEUTICS INC

SIONNA THERAPEUTICS INC · COM · 829401108

LONG3,195,181$94.0 million0.3%UNCHANGED

1Y —

5Y —

PHARVARIS N V

PHARVARIS N V · COM · N69605108

LONG3,653,310$91.2 million0.2%UNCHANGED

1Y —

5Y —

ORIC PHARMACEUTICALS INC

ORIC PHARMACEUTICALS INC · COM · 68622P109

LONG6,572,700$78.9 million0.2%UNCHANGED

1Y —

5Y —

STANDARD BIOTOOLS INC

STANDARD BIOTOOLS INC · COM · 34385P108

LONG58,651,170$76.2 million0.2%UNCHANGED

1Y —

5Y —

INHIBRX BIOSCIENCES INC

INHIBRX BIOSCIENCES INC · COM · 45720N103

LONG1,787,705$60.2 million0.2%UNCHANGED

1Y —

5Y —

GINKGO BIOWORKS HOLDINGS INC

GINKGO BIOWORKS HOLDINGS INC · CL A NEW · 37611X209

LONG3,577,128$52.2 million0.1%UNCHANGED

1Y —

5Y —

ORUKA THERAPEUTICS INC

ORUKA THERAPEUTICS INC · COM · 687604108

LONG2,666,690$51.3 million0.1%NEWLY REPORTED

1Y —

5Y —

TEVA PHARMACEUTICAL INDS LTD

TEVA PHARMACEUTICAL INDS LTD · SPONSORED ADS · 881624209

LONG2,532,119$51.1 million0.1%REDUCED

1Y —

5Y —

TREVI THERAPEUTICS INC

TREVI THERAPEUTICS INC · COM · 89532M101

LONG5,128,875$46.9 million0.1%INCREASED

1Y —

5Y —

STUBHUB HLDGS INC

STUBHUB HLDGS INC · CL A · 86384P109

LONG2,040,816$34.4 million0.1%NEWLY REPORTED

1Y —

5Y —

MAPLEBEAR INC

MAPLEBEAR INC · COM · 565394103

LONG832,857$30.6 million0.1%REDUCED

1Y —

5Y —

PEPGEN INC

PEPGEN INC · COM · 713317105

LONG3,482,434$16.1 million0.0%INCREASED

1Y —

5Y —

ESTABLISHMENT LABS HLDGS INC

ESTABLISHMENT LABS HLDGS INC · COM · G31249108

LONG343,465$14.1 million0.0%UNCHANGED

1Y —

5Y —

RALLYBIO CORP

RALLYBIO CORP · COM · 75120L100

LONG4,194,777$2.1 million0.0%UNCHANGED

1Y —

5Y —

AI outlook values are averages across the latest successful run per covered model at the labeled cutoff. “No longer reported” does not necessarily mean sold; thresholds, confidential treatment, corporate actions, or instrument changes may explain an omission. Reviewed API mapping covers 65.0%of disclosed long-book value; exact editorial CUSIP mappings may add current-only AI coverage on this public page. Research use only. No warranty and not investment advice.