VIKING GLOBAL INVESTORS LP

Fundamental diversified ★Signal CIK 1103804
League rank
#506
in Fundamental diversified · #3198 overall
Long book
$35.75B
Q1 2026
Positions
77
Top-10 weight
35%
concentration
Last quarter
+12.2%
SPY +14.8%
Turnover
41%
of book per quarter

Strategy in plain words

auto-generated from filings

VIKING GLOBAL INVESTORS LP is a diversified fundamental manager, running a $35.75B US long book across 77 positions.

The portfolio is moderately concentrated (top 10 ≈ 35% of the book). The portfolio is actively managed, with meaningful quarterly turnover. Current anchor positions: VISA INC-CLASS A SHARES, TAIWAN SEMICONDUCTOR-SP ADR, SCHWAB (CHARLES) CORP, WALT DISNEY CO/THE, FORTIVE CORP.

Over the last 9 quarters its long book ran on average 0.4pp per quarter behind the S&P 500, beating the index in 5 of 9 quarters. We rate its filings as signal-bearing: position changes reflect genuine views.

Implied long-book return vs S&P 500

methodology: positions priced quarterly, no shorts/options
Fund long book S&P 500
Q1 2024
-3.9%
Q2 2024
+6.3%
Q3 2024
+4.5%
Q4 2024
-0.1%
Q1 2025
+13.0%
Q2 2025
+6.1%
Q3 2025
+4.3%
Q4 2025
-6.0%
Q1 2026
+12.2%

Sector allocation

Industrials
20%
Financials
17%
Technology
16%
Healthcare
13%
Services media
11%
Consumer discretionary
11%
Other
5%
Materials
4%

Long book by quarter

$26.86B
Q1 2024
$26.02B
Q2 2024
$27.44B
Q3 2024
$30.90B
Q4 2024
$31.48B
Q1 2025
$34.59B
Q2 2025
$38.50B
Q3 2025
$37.68B
Q4 2025
$35.75B
Q1 2026

What does VIKING GLOBAL own?

Q1 2026 13F
CompanySectorSharesValue% of bookChange
V VISA INC-CLASS A SHARESServices media6.3M$1.91B5.4%+58.8%
SCHW SCHWAB (CHARLES) CORPFinancials14.7M$1.38B3.9%+5.7%
DIS WALT DISNEY CO/THEServices media13.3M$1.28B3.6%+18.8%
FTV FORTIVE CORPTechnology22.5M$1.24B3.5%+16.9%
APD AIR PRODUCTS & CHEMICALS INCMaterials4.1M$1.19B3.3%-14.2%
MCD MCDONALD'S CORPConsumer discretionary3.6M$1.13B3.2%+0.2%
SHW SHERWIN-WILLIAMS CO/THEConsumer discretionary3.1M$997.8M2.8%-1.9%
TSLA TESLA INCIndustrials2.5M$927.0M2.6%+46.7%
AAPL APPLE INCTechnology3.6M$911.9M2.6%New
BBIO BRIDGEBIO PHARMA INCHealthcare11.8M$879.4M2.5%-17.7%
CVNA CARVANA COConsumer discretionary2.8M$874.0M2.4%+161.9%
MSFT MICROSOFT CORPTechnology2.3M$854.9M2.4%-28.2%
TMO THERMO FISHER SCIENTIFIC INCOther1.7M$819.9M2.3%+110.3%
JPM JPMORGAN CHASE & COFinancials2.7M$795.4M2.2%+41.9%
CSX CSX CORPIndustrials18.7M$766.7M2.1%+35.2%
ICE INTERCONTINENTAL EXCHANGE INFinancials4.8M$760.7M2.1%+0.7%
LII LENNOX INTERNATIONAL INCIndustrials1.6M$729.8M2.0%+153.1%
GOOGL ALPHABET INC-CL ATechnology2.4M$689.0M1.9%-10.1%
FDX FEDEX CORPIndustrials1.9M$688.2M1.9%New
GM GENERAL MOTORS COIndustrials9.2M$683.7M1.9%+34.8%
BA BOEING CO/THEIndustrials3.2M$636.1M1.8%-19.2%
PNC PNC FINANCIAL SERVICES GROUPFinancials3.0M$629.9M1.8%-58.5%
TMUS T-MOBILE US INCCommunications3.0M$623.2M1.7%-21.0%
META META PLATFORMS INC-CLASS ATechnology1.1M$607.9M1.7%New
RRX REGAL REXNORD CORPIndustrials3.1M$588.5M1.6%-2.5%
JCI JOHNSON CONTROLS INTERNATIONIndustrials4.4M$578.8M1.6%-25.3%
MDLN MEDLINE INC-CL AHealthcare11.4M$508.8M1.4%+64.3%
HCA HCA HEALTHCARE INCHealthcare1.1M$508.8M1.4%+7.6%
ATI ATI INCIndustrials3.3M$484.8M1.4%New
CLS CELESTICA INCTechnology1.7M$466.2M1.3%-2.6%
CB CHUBB LTDFinancials1.3M$422.1M1.2%+27.7%
ADPT ADAPTIVE BIOTECHNOLOGIESHealthcare30.0M$416.3M1.2%Held
BMRN BIOMARIN PHARMACEUTICAL INCHealthcare7.1M$398.9M1.1%+17.0%
WAT WATERS CORPHealthcare1.3M$374.2M1.0%New
CCL CARNIVAL CORP LTDIndustrials13.7M$355.1M1.0%-2.4%
AON AON PLC-CLASS AFinancials1.1M$350.9M1.0%+38.7%
HAS HASBRO INCOther3.7M$350.0M1.0%New
RDDT REDDIT INC-CL ATechnology2.6M$343.6M1.0%New
PGR PROGRESSIVE CORPFinancials1.6M$320.5M0.9%+21.4%
AIG AMERICAN INTERNATIONAL GROUPFinancials4.2M$317.6M0.9%New
COF CAPITAL ONE FINANCIAL CORPFinancials1.6M$294.1M0.8%-45.4%
DKS DICK'S SPORTING GOODS INCConsumer discretionary1.3M$250.7M0.7%-50.9%
AMZN AMAZON.COM INCConsumer discretionary1.2M$249.0M0.7%-61.8%
AS AMER SPORTS INCOther7.3M$239.3M0.7%+51.0%
APG API GROUP CORPServices media5.8M$236.5M0.7%-49.4%
TIC TIC SOLUTIONS INCServices media35.8M$235.7M0.7%+4.3%
CBOE CBOE GLOBAL MARKETS INCFinancials688.4K$193.5M0.5%New
ROIV ROIVANT SCIENCES LTDHealthcare6.7M$184.3M0.5%+3.2%
HD HOME DEPOT INCConsumer discretionary504.3K$165.8M0.5%New
AJG ARTHUR J GALLAGHER & COFinancials727.4K$157.5M0.4%-30.1%

13F filing history

PeriodFormFiledEntriesReported valueFlagsSource
Q1 202613F-HRMay 15, 202677$35.75B canonicalSEC ↗
Q4 202513F-HRFeb 17, 202676$37.68B canonicalSEC ↗
Q3 202513F-HRNov 14, 202578$38.50B canonicalSEC ↗
Q2 202513F-HRAug 14, 202583$34.59B canonicalSEC ↗
Q1 202513F-HRMay 15, 202591$31.48B canonicalSEC ↗
Q4 202413F-HRFeb 14, 202586$30.90B canonicalSEC ↗
Q3 202413F-HRNov 14, 202483$27.44B canonicalSEC ↗
Q2 202413F-HRAug 14, 202482$26.02B canonicalSEC ↗
Q1 202413F-HRMay 15, 202483$26.86B canonicalSEC ↗