Viking Global Andreas Halvorsen
Holdings as of the end of Q2 2025, reported in its 13F filing on Aug 14, 2025; changes vs Q1 2025. Source
Reported value
$34.6B
at quarter-end prices
Positions
83
top 10 are 31% of it
Bought · Q2 2025
45
20 new, 25 added 20%+
Sold · Q2 2025
37
28 sold out, 9 cut 20%+
Holdings 83
| # | Stock | Company | Shares | Value | Of portfolio | Shares vs Q1 2025 |
|---|---|---|---|---|---|---|
| 1 | BAC | BANK AMERICA CORP | 31,246,972 | $1.5B | 4.3% | -3% |
| 2 | SCHW | SCHWAB CHARLES CORP | 15,773,225 | $1.4B | 4.2% | -11% |
| 3 | COF | CAPITAL ONE FINL CORP | 5,671,358 | $1.2B | 3.5% | +24% |
| 4 | JPM | JPMORGAN CHASE & CO. | 4,042,034 | $1.2B | 3.4% | +86% |
| 5 | USB | US BANCORP DEL | 24,089,428 | $1.1B | 3.2% | -31% |
| 6 | TSM | TAIWAN SEMICONDUCTOR MFG LTD | 4,329,295 | $980.5M | 2.8% | -11% |
| 7 | MCD | MCDONALDS CORP | 3,125,432 | $913.2M | 2.6% | +172% |
| 8 | AMZN | AMAZON COM INC | 3,897,092 | $855M | 2.5% | +43% |
| 9 | FTV | FORTIVE CORP | 15,912,624 | $829.5M | 2.4% | +23% |
| 10 | BBIO | BRIDGEBIO PHARMA INC | 18,555,375 | $801.2M | 2.3% | -16% |
| 11 | DIS | DISNEY WALT CO | 5,848,066 | $725.2M | 2.1% | new |
| 12 | HCA | HCA HEALTHCARE INC | 1,872,133 | $717.2M | 2.1% | +58% |
| 13 | TMUS | T-MOBILE US INC | 2,845,316 | $677.9M | 2.0% | +82% |
| 14 | BMRN | BIOMARIN PHARMACEUTICAL INC | 12,288,611 | $675.5M | 2.0% | +14% |
| 15 | SHW | SHERWIN WILLIAMS CO | 1,957,750 | $672.2M | 1.9% | +101% |
| 16 | — | FLUTTER ENTMT PLC | 2,284,905 | $652.9M | 1.9% | -11% |
| 17 | GM | GENERAL MTRS CO | 13,018,874 | $640.7M | 1.9% | +81% |
| 18 | PM | PHILIP MORRIS INTL INC | 3,454,186 | $629.1M | 1.8% | +7% |
| 19 | COR | CENCORA INC | 2,081,732 | $624.2M | 1.8% | +95% |
| 20 | AMT | AMERICAN TOWER CORP NEW | 2,797,125 | $618.2M | 1.8% | +233% |
| 21 | CSX | CSX CORP | 18,871,882 | $615.8M | 1.8% | +11% |
| 22 | APD | AIR PRODS & CHEMS INC | 2,154,154 | $607.6M | 1.8% | new |
| 23 | ROST | ROSS STORES INC | 4,747,639 | $605.7M | 1.8% | +10% |
| 24 | BA | BOEING CO | 2,835,065 | $594M | 1.7% | -12% |
| 25 | APG | API GROUP CORP | 11,537,518 | $589M | 1.7% | -46% |
| 26 | NVDA | NVIDIA CORPORATION | 3,681,935 | $581.7M | 1.7% | -44% |
| 27 | PRMB | PRIMO BRANDS CORPORATION | 19,602,116 | $580.6M | 1.7% | +290% |
| 28 | V | VISA INC | 1,620,722 | $575.4M | 1.7% | -24% |
| 29 | DHR | DANAHER CORPORATION | 2,907,515 | $574.4M | 1.7% | +544% |
| 30 | SE | SEA LTD | 3,536,987 | $565.7M | 1.6% | -15% |
| 31 | QCOM | QUALCOMM INC | 3,152,866 | $502.1M | 1.5% | +120% |
| 32 | RRX | REGAL REXNORD CORPORATION | 3,430,128 | $497.2M | 1.4% | +26% |
| 33 | NKE | NIKE INC | 6,967,198 | $494.9M | 1.4% | +26% |
| 34 | PNC | PNC FINL SVCS GROUP INC | 2,375,664 | $442.9M | 1.3% | new |
| 35 | ROIV | ROIVANT SCIENCES LTD | 34,237,779 | $385.9M | 1.1% | -26% |
| 36 | TIC | ACUREN CORP | 34,360,000 | $379.3M | 1.1% | — |
| 37 | FSLR | FIRST SOLAR INC | 2,266,050 | $375.1M | 1.1% | +61% |
| 38 | CCL | CARNIVAL CORP | 13,207,267 | $371.4M | 1.1% | +6% |
| 39 | XYZ | BLOCK INC | 5,420,475 | $368.2M | 1.1% | new |
| 40 | DHI | D R HORTON INC | 2,827,032 | $364.5M | 1.1% | +108% |
| 41 | CVNA | CARVANA CO | 1,077,976 | $363.2M | 1.1% | -58% |
| 42 | RACE | FERRARI NV | 721,269 | $353.5M | 1.0% | +433% |
| 43 | TSLA | TESLA INC | 1,100,331 | $349.5M | 1.0% | +214% |
| 44 | ADPT | ADAPTIVE BIOTECHNOLOGIES COR | 29,993,708 | $349.4M | 1.0% | — |
| 45 | BSX | BOSTON SCIENTIFIC CORP | 3,045,764 | $327.1M | 0.95% | +28% |
| 46 | LLY | ELI LILLY & CO | 416,918 | $325M | 0.94% | new |
| 47 | CMG | CHIPOTLE MEXICAN GRILL INC | 5,688,483 | $319.4M | 0.92% | -5% |
| 48 | CPT | CAMDEN PPTY TR | 2,716,022 | $306.1M | 0.88% | -3% |
| 49 | LEN | LENNAR CORP | 2,523,594 | $279.1M | 0.81% | +87% |
| 50 | AMD | ADVANCED MICRO DEVICES INC | 1,910,571 | $271.1M | 0.78% | new |
| 51 | CSGP | COSTAR GROUP INC | 3,218,568 | $258.8M | 0.75% | new |
| 52 | RAL | RALLIANT CORP | 5,304,195 | $257.2M | 0.74% | new |
| 53 | AJG | GALLAGHER ARTHUR J & CO | 725,795 | $232.3M | 0.67% | +9% |
| 54 | SAIA | SAIA INC | 827,659 | $226.8M | 0.66% | new |
| 55 | BLK | BLACKROCK INC | 195,104 | $204.7M | 0.59% | new |
| 56 | META | META PLATFORMS INC | 265,499 | $196M | 0.57% | -82% |
| 57 | — | TEVA PHARMACEUTICAL INDS LTD | 11,681,333 | $195.8M | 0.57% | +15% |
| 58 | TTD | THE TRADE DESK INC | 2,674,320 | $192.5M | 0.56% | new |
| 59 | CART | MAPLEBEAR INC | 3,752,924 | $169.8M | 0.49% | new |
| 60 | CME | CME GROUP INC | 597,374 | $164.6M | 0.48% | new |
| 61 | ITGR | INTEGER HLDGS CORP | 1,283,965 | $157.9M | 0.46% | +9% |
| 62 | AIG | AMERICAN INTL GROUP INC | 1,815,785 | $155.4M | 0.45% | new |
| 63 | — | JOHNSON CTLS INTL PLC | 1,450,812 | $153.2M | 0.44% | new |
| 64 | AS | AMER SPORTS INC | 3,880,649 | $150.4M | 0.43% | +65% |
| 65 | APP | APPLOVIN CORP | 372,973 | $130.6M | 0.38% | +172% |
| 66 | — | MASIMO CORP | 767,426 | $129.1M | 0.37% | new |
| 67 | — | NEWAMSTERDAM PHARMA COMPANY | 6,978,534 | $126.4M | 0.37% | — |
| 68 | RYAN | RYAN SPECIALTY HOLDINGS INC | 1,412,767 | $96.1M | 0.28% | +48% |
| 69 | RPRX | ROYALTY PHARMA PLC | 2,597,460 | $93.6M | 0.27% | -75% |
| 70 | UBS | UBS GROUP AG | 2,580,412 | $87.3M | 0.25% | new |
| 71 | MOH | MOLINA HEALTHCARE INC | 267,421 | $79.7M | 0.23% | new |
| 72 | LAB | STANDARD BIOTOOLS INC | 58,651,170 | $70.4M | 0.20% | — |
| 73 | ORIC | ORIC PHARMACEUTICALS INC | 6,572,700 | $66.7M | 0.19% | — |
| 74 | PHVS | PHARVARIS N V | 3,653,310 | $64.3M | 0.19% | — |
| 75 | SION | SIONNA THERAPEUTICS INC | 3,195,181 | $55.4M | 0.16% | +8% |
| 76 | — | METSERA INC | 1,616,612 | $46M | 0.13% | — |
| 77 | DNA | GINKGO BIOWORKS HOLDINGS INC | 3,577,128 | $40.2M | 0.12% | — |
| 78 | INBX | INHIBRX BIOSCIENCES INC | 1,787,705 | $25.5M | 0.07% | — |
| 79 | HQY | HEALTHEQUITY INC | 219,746 | $23M | 0.07% | new |
| 80 | — | ESTABLISHMENT LABS HLDGS INC | 343,465 | $14.7M | 0.04% | new |
| 81 | TRVI | TREVI THERAPEUTICS INC | 1,543,000 | $8.4M | 0.02% | -52% |
| 82 | PEPG | PEPGEN INC | 1,482,434 | $1.6M | 0.00% | — |
| 83 | RLYB | RALLYBIO CORP | 4,194,777 | $1.4M | 0.00% | — |
Sold out in Q2 2025 28
| Stock | Company | Shares held in Q1 2025 | Value then | Of portfolio then |
|---|---|---|---|---|
| UNH | UNITEDHEALTH GROUP INC | 2,137,806 | $1.1B | 3.6% |
| INTU | INTUIT | 1,706,420 | $1B | 3.3% |
| NFLX | NETFLIX INC | 749,431 | $698.9M | 2.2% |
| CB | CHUBB LIMITED | 1,949,065 | $588.6M | 1.9% |
| ICE | INTERCONTINENTAL EXCHANGE IN | 3,200,409 | $552.1M | 1.8% |
| — | DEUTSCHE BANK AG | 15,106,082 | $356.4M | 1.1% |
| ALL | ALLSTATE CORP | 1,703,403 | $352.7M | 1.1% |
| DASH | DOORDASH INC | 1,858,037 | $339.6M | 1.1% |
| — | SKECHERS U S A INC | 5,800,882 | $329.4M | 1.0% |
| PGR | PROGRESSIVE CORP | 1,068,406 | $302.4M | 0.96% |
| SNPS | SYNOPSYS INC | 703,912 | $301.9M | 0.96% |
| MSFT | MICROSOFT CORP | 683,918 | $256.7M | 0.82% |
| MAA | MID-AMER APT CMNTYS INC | 1,120,651 | $187.8M | 0.60% |
| EQH | EQUITABLE HLDGS INC | 3,279,559 | $170.8M | 0.54% |
| MNST | MONSTER BEVERAGE CORP NEW | 2,857,800 | $167.2M | 0.53% |
| MTB | M & T BK CORP | 746,309 | $133.4M | 0.42% |
| TRU | TRANSUNION | 1,336,984 | $111M | 0.35% |
| SPOT | SPOTIFY TECHNOLOGY S A | 192,877 | $106.1M | 0.34% |
| BNTX | BIONTECH SE | 879,972 | $80.1M | 0.25% |
| ADSK | AUTODESK INC | 304,494 | $79.7M | 0.25% |
| REGN | REGENERON PHARMACEUTICALS | 97,739 | $62M | 0.20% |
| TVTX | TRAVERE THERAPEUTICS INC | 2,601,922 | $46.6M | 0.15% |
| TWLO | TWILIO INC | 255,514 | $25M | 0.08% |
| IMVT | IMMUNOVANT INC | 1,114,827 | $19.1M | 0.06% |
| SAIL | SAILPOINT INC | 1,010,307 | $18.9M | 0.06% |
| EWTX | EDGEWISE THERAPEUTICS INC | 490,035 | $10.8M | 0.03% |
| MET | METLIFE INC | 84,312 | $6.8M | 0.02% |
| LI | LI AUTO INC | 96,031 | $2.4M | 0.01% |
13F filings list US-listed long positions (stocks and ADRs) at the quarter's end: no shorts, cash, bonds or foreign shares; options and principal amounts are left out here. Trades made after the quarter ended don't show until the next filing. Changes compare share counts with the quarter before (splits can show as adds). Not investment advice.