whalepapers
Overview/ Viking Global Investors LP/ Q1 2025

Viking Global Investors LP

Andreas Halvorsen · As of Q1 2025 · filed May 15, 2025

Q1 2025

Holdings

91 positions · Δ vs prior quarter
USB US BANCORP
$1.47B
4.7%
34,863,502 +10,415,745 +42.6% Added
SCHW SCHWAB (CHARLES) CORP
$1.39B
4.4%
17,716,717 +3,057,773 +20.9% Added
BAC BANK OF AMERICA CORP
$1.34B
4.3%
32,199,070 +7,483,124 +30.3% Added
UNH UNITEDHEALTH GROUP INC
$1.12B
3.6%
2,137,806 +237,349 +12.5% Added
INTU INTUIT INC
$1.05B
3.3%
1,706,420 −12,544 −0.7% Reduced
FTV FORTIVE CORP
$947.7M
3.0%
12,950,122 −243,246 −1.8% Reduced
META META PLATFORMS INC-CLASS A
$845.1M
2.7%
1,466,311 +1,466,311 New
COF CAPITAL ONE FINANCIAL CORP
$823.2M
2.6%
4,591,100 +4,591,100 New
TSM TAIWAN SEMICONDUCTOR-SP ADR
$811.6M
2.6%
4,889,247 +799,628 +19.6% Added
APG API GROUP CORP
$770.2M
2.4%
21,537,518 Held
BMRN BIOMARIN PHARMACEUTICAL INC
$763.5M
2.4%
10,800,059 +289,509 +2.8% Added
BBIO BRIDGEBIO PHARMA INC
$762.5M
2.4%
22,055,375 −3,065,616 −12.2% Reduced
V VISA INC-CLASS A SHARES
$744.8M
2.4%
2,125,091 −1,369,999 −39.2% Reduced
NVDA NVIDIA CORP
$709.1M
2.3%
6,543,107 +4,511,122 +222.0% Added
NFLX NETFLIX INC
$698.9M
2.2%
749,431 +247,133 +49.2% Added
CB CHUBB LTD
$588.6M
1.9%
1,949,065 +1,949,065 New
FLUT FLUTTER ENTERTAINMENT PLC-DI
$565.9M
1.8%
2,554,206 +685,508 +36.7% Added
ROST ROSS STORES INC
$552.2M
1.8%
4,321,269 +2,614,316 +153.2% Added
ICE INTERCONTINENTAL EXCHANGE IN
$552.1M
1.8%
3,200,409 +432,916 +15.6% Added
BA BOEING CO
$551.1M
1.8%
3,231,232 +256,161 +8.6% Added
SE SEA LTD-ADR
$542.9M
1.7%
4,160,096 +4,160,096 New
CVNA CARVANA CO
$534.0M
1.7%
2,553,861 +1,680,278 +192.3% Added
JPM JPMORGAN CHASE & CO
$532.7M
1.7%
2,171,648 −5,294,539 −70.9% Reduced
AMZN AMAZON.COM INC
$517.8M
1.6%
2,721,710 +107,636 +4.1% Added
PM PHILIP MORRIS INTERNATIONAL
$510.1M
1.6%
3,213,460 −1,874,490 −36.8% Reduced
CSX CSX CORP
$502.3M
1.6%
17,068,769 +2,396,232 +16.3% Added
ROIV ROIVANT SCIENCES LTD
$464.3M
1.5%
46,013,752 −1,796,208 −3.8% Reduced
TMUS T-MOBILE US INC
$417.6M
1.3%
1,565,894 +955,490 +156.5% Added
HCA HCA HEALTHCARE INC
$408.2M
1.3%
1,181,360 +71,130 +6.4% Added
TIC TIC SOLUTIONS INC
$382.1M
1.2%
34,360,000 +34,360,000 New
MCD MCDONALD'S CORP
$359.4M
1.1%
1,150,434 +1,150,434 New
DB DEUTSCHE BANK AG-REGISTERED
$356.4M
1.1%
15,106,082 +15,106,082 New
ALL ALLSTATE CORP
$352.7M
1.1%
1,703,403 −233,839 −12.1% Reduced
NKE NIKE INC -CL B
$352.1M
1.1%
5,546,625 +5,546,625 New
CPT CAMDEN PROPERTY TRUST
$341.1M
1.1%
2,788,789 −573,612 −17.1% Reduced
DASH DOORDASH INC - A
$339.6M
1.1%
1,858,037 −3,091,355 −62.5% Reduced
SHW SHERWIN-WILLIAMS CO
$339.5M
1.1%
972,230 +354,208 +57.3% Added
GM GENERAL MOTORS CO
$338.1M
1.1%
7,188,824 +4,608,582 +178.6% Added
SKAA SKECHERS USA INC-CL A
$329.4M
1.0%
5,800,882 +2,179,491 +60.2% Added
RPRX ROYALTY PHARMA PLC- CL A
$328.9M
1.0%
10,563,939 −1,643,946 −13.5% Reduced
RRX REGAL REXNORD CORP
$310.7M
1.0%
2,728,983 +1,862,371 +214.9% Added
PGR PROGRESSIVE CORP
$302.4M
1.0%
1,068,406 −1,105,297 −50.8% Reduced
SNPS SYNOPSYS INC
$301.9M
1.0%
703,912 −17,406 −2.4% Reduced
CMG CHIPOTLE MEXICAN GRILL INC
$301.6M
1.0%
6,006,556 +6,006,556 New
COR CENCORA INC
$296.9M
0.9%
1,067,819 +1,067,819 New
MSFT MICROSOFT CORP
$256.7M
0.8%
683,918 −1,706,382 −71.4% Reduced
CCL1EUR CARNIVAL CORP LTD
$242.3M
0.8%
12,408,817 +12,408,817 New
BSX BOSTON SCIENTIFIC CORP
$239.8M
0.8%
2,376,764 +204,556 +9.4% Added
AJG ARTHUR J GALLAGHER & CO
$230.1M
0.7%
666,552 +666,552 New
ADPT ADAPTIVE BIOTECHNOLOGIES
$222.9M
0.7%
29,993,708 Held
QCOM QUALCOMM INC
$220.0M
0.7%
1,432,337 +1,109,523 +343.7% Added
MAA MID-AMERICA APARTMENT COMM
$187.8M
0.6%
1,120,651 +1,120,651 New
AMT AMERICAN TOWER CORP
$182.5M
0.6%
838,796 −58,544 −6.5% Reduced
FSLR FIRST SOLAR INC
$178.4M
0.6%
1,411,131 +1,411,131 New
PRMB PRIMO BRANDS CORP
$178.3M
0.6%
5,023,527 +5,023,527 New
DHI DR HORTON INC
$172.5M
0.5%
1,357,054 +1,357,054 New
EQH EQUITABLE HOLDINGS INC
$170.8M
0.5%
3,279,559 +2,515,236 +329.1% Added
MNST MONSTER BEVERAGE CORP
$167.2M
0.5%
2,857,800 −5,206,561 −64.6% Reduced
TEVA TEVA PHARMACEUTICAL-SP ADR
$155.6M
0.5%
10,125,478 +3,621,993 +55.7% Added
LEN LENNAR CORP-A
$155.1M
0.5%
1,351,526 +1,351,526 New
NAMS NEWAMSTERDAM PHARMA CO NV
$142.9M
0.5%
6,978,534 Held
ITGR INTEGER HOLDINGS CORP
$138.9M
0.4%
1,177,273 +21,562 +1.9% Added
MTB M & T BANK CORP
$133.4M
0.4%
746,309 +746,309 New
TRU TRANSUNION
$111.0M
0.4%
1,336,984 −2,763,249 −67.4% Reduced
SPOT SPOTIFY TECHNOLOGY SA
$106.1M
0.3%
192,877 −1,355,708 −87.5% Reduced
DHR DANAHER CORP
$92.6M
0.3%
451,521 +451,521 New
TSLA TESLA INC
$90.7M
0.3%
350,084 +350,084 New
BNTX BIONTECH SE-ADR
$80.1M
0.3%
879,972 −60,878 −6.5% Reduced
ADSK AUTODESK INC
$79.7M
0.3%
304,494 −452,090 −59.8% Reduced
RYAN RYAN SPECIALTY HOLDINGS INC
$70.6M
0.2%
955,889 +955,889 New
LAB STANDARD BIOTOOLS INC
$63.3M
0.2%
58,651,170 Held
AS AMER SPORTS INC
$62.9M
0.2%
2,354,335 +2,354,335 New
REGN REGENERON PHARMACEUTICALS
$62.0M
0.2%
97,739 +97,739 New
RACE FERRARI NV
$57.4M
0.2%
135,397 +135,397 New
PHVS PHARVARIS NV
$57.4M
0.2%
3,653,310 Held
TVTX TRAVERE THERAPEUTICS INC
$46.6M
0.1%
2,601,922 −300,003 −10.3% Reduced
METSERA INC
$44.0M
0.1%
1,616,612 +1,616,612 New
ORIC ORIC PHARMACEUTICALS INC
$36.7M
0.1%
6,572,700 +2,141,692 +48.3% Added
APP APPLOVIN CORP-CLASS A
$36.3M
0.1%
137,093 −11,872 −8.0% Reduced
SION SIONNA THERAPEUTICS INC
$30.9M
0.1%
2,952,754 +2,952,754 New
TWLO TWILIO INC - A
$25.0M
0.1%
255,514 −582,871 −69.5% Reduced
INBX INHIBRX BIOSCIENCES INC
$25.0M
0.1%
1,787,705 Held
DNA GINKGO BIOWORKS HOLDINGS INC
$20.4M
0.1%
3,577,128 Held
TRVI TREVI THERAPEUTICS INC
$20.3M
0.1%
3,227,792 −1,172,208 −26.6% Reduced
IMVT IMMUNOVANT INC
$19.1M
0.1%
1,114,827 −292,463 −20.8% Reduced
SAIL SAILPOINT INC
$18.9M
0.1%
1,010,307 +1,010,307 New
EWTX EDGEWISE THERAPEUTICS INC
$10.8M
0.0%
490,035 −734,951 −60.0% Reduced
MET METLIFE INC
$6.8M
0.0%
84,312 −5,932,728 −98.6% Reduced
RALLYBIO CORP
$2.7M
0.0%
4,194,777 Held
LI LI AUTO INC - ADR
$2.4M
0.0%
96,031 −4,497,725 −97.9% Reduced
PEPG PEPGEN INC
$2.1M
0.0%
1,482,434 Held

Sold positions

22 closed in Q1 2025 · shares & value as of prior filing
Holding Shares sold Prior value
CMCSA COMCAST CORP-CLASS A
19,818,985 $743.8M
GOOGL ALPHABET INC-CL A
3,661,375 $693.1M
ADBE ADOBE INC
1,234,688 $549.0M
SBUX STARBUCKS CORP
5,344,064 $487.6M
CRM SALESFORCE INC
1,211,482 $405.0M
AON AON PLC-CLASS A
720,364 $258.7M
AAL AMERICAN AIRLINES GROUP INC
13,539,994 $236.0M
COO COOPER COS INC
2,025,310 $186.2M
ZS ZSCALER INC
914,969 $165.1M
TRV TRAVELERS COS INC
671,750 $161.8M
KKR KKR & CO INC
875,778 $129.5M
TEAM ATLASSIAN CORP-CL A
496,185 $120.8M
GEV GE VERNOVA INC
361,475 $118.9M
APO APOLLO GLOBAL MANAGEMENT INC
569,435 $94.0M
CHTR CHARTER COMMUNICATIONS INC-A
251,441 $86.2M
CSGP COSTAR GROUP INC
1,162,703 $83.2M
VST VISTRA CORP
601,501 $82.9M
APTV APTIV PLC
1,024,222 $61.9M
SNAP SNAP INC - A
5,298,559 $57.1M
OSCR OSCAR HEALTH INC - CLASS A
3,073,765 $41.3M
LULU LULULEMON ATHLETICA INC
83,105 $31.8M
PONY PONY AI INC
739,797 $10.6M

Holdings reflect long positions disclosed in 13F filings only and exclude short positions, cash, and other non-13F assets. Holdings data sourced from SEC EDGAR. Not investment advice. Full disclaimer.