13F filer · CIK 1103804 ↗
Viking Global
You are looking at Q3 2025. See the latest, Q2 2026 →
Reported value
$38.50B
+11% on the quarter before
Positions
78
15 new · 20 sold out
Top 10
33.6%
of the value
Est. gain
+$1.12B
on stocks held all quarter
Est. return
+4.7%
on those stocks since Q2 2025
Positions as of Sep 30, 2025, from Viking Global's 13F filing with the SEC. A 13F lists a manager's US-listed stocks and options at a quarter end and is filed up to 45 days later, so the fund may hold something else today. It leaves out short positions, cash and holdings outside the US.
Portfolio at a glance
- New
- Added
- Cut
- Same
- Options
The 24 largest positions, 61% of the reported value, each sized by its share, colored by what the fund did with it since Q2 2025. Striped tiles are options.
Largest buys
Since Q2 2025, by estimated size: the change in shares at the quarter-end price, since a 13F gives no trade prices. Percentages are the position's share of the portfolio, before and after.
- Microsoft~$1.26BNew · 0.0% → 3.3%+2,429,412 shares
- Pnc Finl Svcs Group Inc~$1.12BAdded · 1.3% → 4.2%+5,581,102 shares
- Netflix~$600.4MNew · 0.0% → 1.6%+500,812 shares
- Johnson Ctls Intl Plc~$587.8MAdded · 0.4% → 1.9%+5,346,130 shares
- Draftkings Inc New~$561.1MNew · 0.0% → 1.5%+15,003,351 shares
- Walt Disney Company (The)~$526.9MAdded · 2.1% → 3.1%+4,601,645 shares
- Aon Plc~$504.4MNew · 0.0% → 1.3%+1,414,618 shares
- Blackrock Inc~$494.8MAdded · 0.6% → 1.9%+424,388 shares
- Meta~$487.3MAdded · 0.6% → 1.8%+663,504 shares
- Visa Inc.~$435.7MAdded · 1.7% → 2.6%+1,276,308 shares
Largest sells
Since Q2 2025, by estimated size: the change in shares at the quarter-end price, since a 13F gives no trade prices. Percentages are the position's share of the portfolio, before and after.
- Us Bancorp Del~$1.09BSold out · 3.2% → 0.0%−24,089,428 shares
- Bank America Corp~$1.02BCut · 4.3% → 1.5%−19,746,682 shares
- Amazon~$855.0MSold out · 2.5% → 0.0%−3,897,092 shares
- Flutter Entmt Plc~$652.9MSold out · 1.9% → 0.0%−2,284,905 shares
- American Tower~$618.2MSold out · 1.8% → 0.0%−2,797,125 shares
- Nvidia~$581.7MSold out · 1.7% → 0.0%−3,681,935 shares
- Qualcomm~$502.1MSold out · 1.5% → 0.0%−3,152,866 shares
- Ross Stores Inc~$415.1MCut · 1.8% → 0.8%−2,723,771 shares
- Carnival Corp~$371.4MSold out · 1.1% → 0.0%−13,207,267 shares
- Block~$368.2MSold out · 1.1% → 0.0%−5,420,475 shares
Holdings
As of Sep 30, 2025. Changes are in shares against Jun 30, 2025, so a price move alone never reads as a buy or a sale.
| Holding | Value | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| Pnc Finl Svcs Group IncCOM · shares +235% · price +7.8% | 4.2% | $1.60B | +$34.5M | ||||||||
| Jpmorgan Chase & Co.COM · shares +25% · price +8.8% | 4.1% | $1.60B | +$103.2M | ||||||||
| Schwab Charles CorpCOM · shares +5.1% · price +4.6% | 4.1% | $1.58B | +$66.7M | ||||||||
| Capital One Finl CorpCOM · shares +30% · price −0.1% | 4.1% | $1.57B | −$1.0M | ||||||||
| MicrosoftCOM · shares New | 3.3% | $1.26B | — | ||||||||
| Walt Disney Company (The)COM · shares +79% · price −7.7% | 3.1% | $1.20B | −$55.6M | ||||||||
| TSMCSPONSORED ADS · shares −8.9% · price +23.3% | 2.9% | $1.10B | +$208.3M | ||||||||
| Mcdonalds CorpCOM · shares +8.0% · price +4.0% | 2.7% | $1.03B | +$36.6M | ||||||||
| Fortive CorpCOM · shares +29% · price −6.0% | 2.6% | $1.00B | −$50.0M | ||||||||
| Air Prods & Chems IncCOM · shares +70% · price −3.3% | 2.6% | $1.00B | −$20.1M | ||||||||
| Sherwin Williams CoCOM · shares +47% · price +0.8% | 2.6% | $997.6M | +$5.7M | ||||||||
| Visa Inc.COM CL A · shares +79% · price −3.9% | 2.6% | $989.0M | −$22.2M | ||||||||
| Bridgebio Pharma IncCOM · shares −14% · price +20.3% | 2.2% | $829.9M | +$140.0M | ||||||||
| General Mtrs CoCOM · shares +0.06% · price +23.9% | 2.1% | $794.3M | +$153.1M | ||||||||
| Carvana CoCL A · shares +95% · price +12.0% | 2.1% | $792.7M | +$43.4M | ||||||||
| T-Mobile Us IncCOM · shares +15% · price +0.5% | 2.0% | $781.0M | +$3.2M | ||||||||
| Johnson Ctls Intl PlcSHS · shares +368% · price +4.1% | 1.9% | $747.3M | +$6.3M | ||||||||
| Blackrock IncCOM · shares +218% · price +11.1% | 1.9% | $722.2M | +$22.8M | ||||||||
| Philip Morris Intl IncCOM · shares +28% · price −10.9% | 1.9% | $717.9M | −$68.8M | ||||||||
| TeslaCOM · shares +46% · price +40.0% | 1.9% | $715.9M | +$139.8M | ||||||||
| MetaCL A · shares +250% · price −0.5% | 1.8% | $682.2M | −$985,001 | ||||||||
| AMDCOM · shares +119% · price +14.0% | 1.8% | $676.5M | +$38.0M | ||||||||
| Boeing CoCOM · shares +6.2% · price +3.0% | 1.7% | $649.8M | +$17.9M | ||||||||
| Nike IncCL B · shares +29% · price −1.8% | 1.6% | $627.3M | −$9.1M | ||||||||
| NetflixCOM · shares New | 1.6% | $600.4M | — | ||||||||
| Total · 78 positions | 100% | $38.50B | +$1.12B |
Price is a stock's reported value over its shares at the quarter end. The estimated gain is the shares held at both quarter ends times the change in that price: shares bought or sold during the quarter add nothing, options are left out, and a stock split is read into the earlier share count and price.
What made money
From Q2 2025 to Q3 2025: 63 stocks held throughout, up $1.12B (+4.7%).
- TSMC+$208.3M+23%
- General Mtrs Co+$153.1M+24%
- Bridgebio Pharma Inc+$140.0M+20%
- Tesla+$139.8M+40%
- Jpmorgan Chase & Co.+$103.2M+9%
- Walt Disney Company (The)−$55.6M−8%
- Philip Morris Intl Inc−$68.8M−11%
- Chipotle Mexican Grill Inc−$96.5M−30%
- Primo Brands Corporation−$147.4M−25%
- Api Group Corp−$192.4M−33%
Estimated as in the holdings table: shares held at both quarter ends times the change in price; options left out.
Reported value by quarter
The total value of each quarter's 13F at that quarter end. It moves with prices as well as with buying and selling. Pick a quarter to see what the fund held then.
Every quarter's filing
| Quarter | Reported value | Filing | |
|---|---|---|---|
| Q2 2026 | Aug 14, 2026 | $35.08B−2% | SEC ↗ |
| Q1 2026 | May 15, 2026 | $35.75B−5% | SEC ↗ |
| Q4 2025 | Feb 17, 2026 | $37.68B−2% | SEC ↗ |
| Q3 2025 | Nov 14, 2025 | $38.50B+11% | SEC ↗ |
| Q2 2025 | Aug 14, 2025 | $34.59B+10% | SEC ↗ |
| Q1 2025 | May 15, 2025 | $31.48B+2% | SEC ↗ |
| Q4 2024 | Feb 14, 2025 | $30.90B+13% | SEC ↗ |
| Q3 2024 | Nov 14, 2024 | $27.44B+5% | SEC ↗ |
| Q2 2024 | Aug 14, 2024 | $26.02B−3% | SEC ↗ |
| Q1 2024 | May 15, 2024 | $26.86B−2% | SEC ↗ |
| Q4 2023 | Feb 14, 2024 | $27.30B+11% | SEC ↗ |
| Q3 2023 | Nov 14, 2023 | $24.64B+1% | SEC ↗ |
| Q2 2023 | Aug 14, 2023 | $24.43B+15% | SEC ↗ |
| Q1 2023 | May 15, 2023 | $21.31B+7% | SEC ↗ |
| Q4 2022 | Feb 14, 2023 | $19.98B−8% | SEC ↗ |
| Q3 2022 | Nov 14, 2022 | $21.66B−1% | SEC ↗ |
| Q2 2022 | Aug 15, 2022 | $21.86B−12% | SEC ↗ |
| Q1 2022 | May 16, 2022 | $24.74B−29% | SEC ↗ |
| Q4 2021 | May 16, 2022 (amended) | $34.71B−5% | SEC ↗ |
| Q3 2021 | May 16, 2022 (amended) | $36.46B+11% | SEC ↗ |
| Q2 2021 | Aug 16, 2021 | $32.98B−2% | SEC ↗ |
| Q1 2021 | May 17, 2021 | $33.58B−8% | SEC ↗ |
| Q4 2020 | Feb 16, 2021 | $36.37B+31% | SEC ↗ |
| Q3 2020 | Nov 16, 2020 | $27.68B+20% | SEC ↗ |
| Q2 2020 | Aug 7, 2020 | $23.14B+20% | SEC ↗ |
| Q1 2020 | May 13, 2020 | $19.21B−10% | SEC ↗ |
| Q4 2019 | Feb 13, 2020 | $21.35B+11% | SEC ↗ |
| Q3 2019 | Nov 13, 2019 | $19.20B−14% | SEC ↗ |
| Q2 2019 | Aug 14, 2019 | $22.29B+28% | SEC ↗ |
| Q1 2019 | May 15, 2019 | $17.44B−1% | SEC ↗ |
| Q4 2018 | Feb 14, 2019 | $17.57B−3% | SEC ↗ |
| Q3 2018 | Nov 14, 2018 | $18.06B+3% | SEC ↗ |
| Q2 2018 | Aug 14, 2018 | $17.47B+5% | SEC ↗ |
| Q1 2018 | May 15, 2018 | $16.61B+2% | SEC ↗ |
| Q4 2017 | Feb 14, 2018 | $16.26B+5% | SEC ↗ |
| Q3 2017 | Nov 14, 2017 | $15.44B+4% | SEC ↗ |
| Q2 2017 | Aug 14, 2017 | $14.85B−34% | SEC ↗ |
| Q1 2017 | May 15, 2017 | $22.64B+3% | SEC ↗ |
| Q4 2016 | Feb 14, 2017 | $22.01B−5% | SEC ↗ |
| Q3 2016 | Nov 14, 2016 | $23.18B−2% | SEC ↗ |
| Q2 2016 | Aug 15, 2016 | $23.54B+4% | SEC ↗ |
| Q1 2016 | May 16, 2016 | $22.72B | SEC ↗ |