Viking Global Investors
In its 13F for Q4 2024 (holdings as of December 31, 2024, filed February 14, 2025), Andreas Halvorsen's Viking Global Investors reported 86 stock positions worth $30.9 billion. Its top holding was JPMorgan Chase (JPM) at 5.8% of the portfolio, followed by US Bancorp (USB, 3.8%) and Visa Class A (V, 3.6%). Compared with Q3 2024, it opened 22 new positions, sold out of 19, added to 29 and reduced 26. The biggest buy was a new position in Unitedhealth (UNH) and the biggest sale an exit from Apple (AAPL).
- Most Recent 13F
- Q2 2026
- Notable People
- Andreas Halvorsen
- Location
- STAMFORD, CT
- CIK
- 0001103804
- Portfolio Value
- $30.9B (Q4 2024)
- SEC Filing
- 0001103804-25-000002 ↗ filed Feb 14, 2025
Holdings Value
Holdings 86 stocks · $30.9B
| JPM JPMorgan Chase & Co. | 5.79% | 7,466,187 | $1.8B | Add +102.0% |
| USB US Bancorp | 3.78% | 24,447,757 | $1.2B | Reduce -27.3% |
| V Visa Inc. Class A | 3.57% | 3,495,090 | $1.1B | Reduce -0.3% |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 3.52% | 24,715,946 | $1.1B | Add +23.8% |
| SCHW Schwab (charles) Corp. | 3.51% | 14,658,944 | $1.1B | Add +526.5% |
| INTU Intuit Inc. | 3.50% | 1,718,964 | $1.1B | Add +492.9% |
| MSFT Microsoft Corp. | 3.26% | 2,390,300 | $1.0B | Add +16.9% |
| FTV Fortive Corp. | 3.20% | 13,193,368 | $989.5M | Add +11.8% |
| UNH Unitedhealth Group Inc. | 3.11% | 1,900,457 | $961.4M | New |
| DASH DoorDash Inc. Class A | 2.69% | 4,949,392 | $830.3M | Add +37.5% |
| TSM Taiwan Semiconductor-SP ADR | 2.61% | 4,089,619 | $807.7M | New |
| APG Api Group Corp. | 2.51% | 21,537,518 | $774.7M | Reduce -16.2% |
| CMCSA Comcast Corp. Class A | 2.41% | 19,818,985 | $743.8M | Add +540.8% |
| GOOGL Alphabet Inc. Class A | 2.24% | 3,661,375 | $693.1M | Add +186.6% |
| SPOT Spotify Technology SA | 2.24% | 1,548,585 | $692.8M | Reduce -39.9% |
| BMRN Biomarin Pharmaceutical Inc. | 2.24% | 10,510,550 | $690.9M | Add +7.8% |
| BBIO Bridgebio Pharma Inc. | 2.23% | 25,120,991 | $689.3M | No change |
| PM Philip Morris International | 1.98% | 5,087,950 | $612.3M | Reduce -43.8% |
| AMZN Amazon.com Inc. | 1.86% | 2,614,074 | $573.5M | Reduce -35.5% |
| ROIV Roivant Sciences Ltd. | 1.83% | 47,809,960 | $565.6M | Reduce -11.6% |
| ADBE Adobe Inc. | 1.78% | 1,234,688 | $549.0M | Reduce -52.9% |
| BA The Boeing Co. | 1.70% | 2,975,071 | $526.6M | New |
| PGR Progressive Corp. | 1.69% | 2,173,703 | $520.8M | Reduce -37.6% |
| MET Metlife Inc. | 1.59% | 6,017,040 | $492.7M | Add +34.1% |
| SBUX Starbucks Corp. | 1.58% | 5,344,064 | $487.6M | Add +220.9% |
| FLUT Flutter Entertainment PLC-Di | 1.56% | 1,868,698 | $483.0M | Reduce -26.6% |
| CSX CSX Corp. | 1.53% | 14,672,537 | $473.5M | Add +56.9% |
| NFLX Netflix Inc. | 1.45% | 502,298 | $447.7M | Add +145.1% |
| MNST Monster Beverage Corp. | 1.37% | 8,064,361 | $423.9M | New |
| ICE Intercontinental Exchange Inc. | 1.33% | 2,767,493 | $412.4M | New |
| CRM Salesforce Inc. | 1.31% | 1,211,482 | $405.0M | Add +122.5% |
| CPT Camden Property Trust | 1.26% | 3,362,401 | $390.2M | Add +13.6% |
| TRU Transunion | 1.23% | 4,100,233 | $380.1M | Add +70.8% |
| ALL Allstate Corp. | 1.21% | 1,937,242 | $373.5M | Reduce -5.1% |
| SNPS Synopsys Inc. | 1.13% | 721,318 | $350.1M | Add +105.2% |
| HCA HCA Healthcare Inc. | 1.08% | 1,110,230 | $333.2M | Add +59.0% |
| RPRX Royalty Pharma PLC Class A | 1.01% | 12,207,885 | $311.4M | Add +0.9% |
| NVDA Nvidia Corp. | 0.88% | 2,031,985 | $272.9M | Reduce -10.3% |
| AON Aon PLC Class A | 0.84% | 720,364 | $258.7M | Add +27.9% |
| ROST Ross Stores Inc. | 0.84% | 1,706,953 | $258.2M | New |
| SKX Skechers USA Inc. Class A | 0.79% | 3,621,391 | $243.5M | New |
| AAL American Airlines Group Inc. | 0.76% | 13,539,994 | $236.0M | New |
| ADSK Autodesk Inc. | 0.72% | 756,584 | $223.6M | Reduce -0.7% |
| SHW The Sherwin-Williams Co. | 0.68% | 618,022 | $210.1M | Reduce -52.5% |
| BSX Boston Scientific Corp. | 0.63% | 2,172,208 | $194.0M | Add +124.6% |
| COO The Cooper Cos Inc. | 0.60% | 2,025,310 | $186.2M | New |
| ADPT Adaptive Biotechnologies | 0.58% | 29,993,708 | $179.8M | No change |
| NAMS Newamsterdam Pharma Co. NV | 0.58% | 6,978,534 | $179.3M | Reduce -13.0% |
| CVNA Carvana Co. | 0.57% | 873,583 | $177.7M | Add +224.7% |
| ZS Zscaler Inc. | 0.53% | 914,969 | $165.1M | Add +7.9% |
| AMT American Tower Corp. | 0.53% | 897,340 | $164.6M | New |
| TRV The Travelers Cos Inc. | 0.52% | 671,750 | $161.8M | New |
| ITGR Integer Holdings Corp. | 0.50% | 1,155,711 | $153.2M | Add +4.1% |
| TEVA Teva Pharmaceutical-SP ADR | 0.46% | 6,503,485 | $143.3M | Reduce -14.1% |
| GM General Motors Co. | 0.44% | 2,580,242 | $137.4M | New |
| TMUS T-Mobile US Inc. | 0.44% | 610,404 | $134.7M | Reduce -47.0% |
| RRX Regal Rexnord Corp. | 0.44% | 866,612 | $134.4M | Add +37.5% |
| KKR KKR & Co. Inc. | 0.42% | 875,778 | $129.5M | Reduce -51.6% |
| TEAM Atlassian Corp. Class A | 0.39% | 496,185 | $120.8M | Reduce -83.3% |
| GEV GE Vernova Inc. | 0.38% | 361,475 | $118.9M | Reduce -64.3% |
| LI Li Auto Inc. - ADR | 0.36% | 4,593,756 | $110.2M | Add +121.4% |
| BNTX Biontech SE-ADR | 0.35% | 940,850 | $107.2M | Add +1932.3% |
| LAB Standard Biotools Inc. | 0.33% | 58,651,170 | $102.6M | No change |
| APO Apollo Global Management Inc. | 0.30% | 569,435 | $94.0M | New |
| TWLO Twilio Inc. Class A | 0.29% | 838,385 | $90.6M | New |
| CHTR Charter Communications Inc. Class A | 0.28% | 251,441 | $86.2M | New |
| CSGP Costar Group Inc. | 0.27% | 1,162,703 | $83.2M | Reduce -7.8% |
| VST Vistra Corp. | 0.27% | 601,501 | $82.9M | Reduce -67.3% |
| PHVS Pharvaris NV | 0.23% | 3,653,310 | $70.0M | No change |
| APTV Aptiv PLC | 0.20% | 1,024,222 | $61.9M | New |
| SNAP Snap Inc. Class A | 0.18% | 5,298,559 | $57.1M | New |
| TVTX Travere Therapeutics Inc. | 0.16% | 2,901,925 | $50.6M | New |
| QCOM Qualcomm Inc. | 0.16% | 322,814 | $49.6M | New |
| APP AppLovin Corp. Class A | 0.16% | 148,965 | $48.2M | New |
| OSCR Oscar Health Inc. Class A | 0.13% | 3,073,765 | $41.3M | Reduce -50.2% |
| EQH Equitable Holdings Inc. | 0.12% | 764,323 | $36.1M | Reduce -74.9% |
| ORIC Oric Pharmaceuticals Inc. | 0.12% | 4,431,008 | $35.8M | Add +10.8% |
| DNA Ginkgo Bioworks Holdings Inc. | 0.11% | 3,577,128 | $35.1M | No change |
| IMVT Immunovant Inc. | 0.11% | 1,407,290 | $34.9M | Reduce -39.4% |
| EWTX Edgewise Therapeutics Inc. | 0.11% | 1,224,986 | $32.7M | Reduce -17.3% |
| LULU Lululemon Athletica Inc. | 0.10% | 83,105 | $31.8M | New |
| INBX Inhibrx Biosciences Inc. | 0.09% | 1,787,705 | $27.5M | No change |
| TRVI Trevi Therapeutics Inc. | 0.06% | 4,400,000 | $18.1M | No change |
| PONY Pony AI Inc. | 0.03% | 739,797 | $10.6M | New |
| PEPG Pepgen Inc. | 0.02% | 1,482,434 | $5.6M | No change |
| RLYB Rallybio Corp. | 0.01% | 4,194,777 | $4.0M | No change |
Portfolio Sells Q3 2024 → Q4 2024
| AAPL Apple Inc. | Sold out | 0.00% | −4.13 |
| ADBE Adobe Inc. | Reduce -52.9% | 1.78% | −3.17 |
| WDAY Workday Inc. Class A | Sold out | 0.00% | −2.91 |
| PM Philip Morris International | Reduce -43.8% | 1.98% | −2.02 |
| USB US Bancorp | Reduce -27.3% | 3.78% | −1.82 |
| LVS Las Vegas Sands Corp. | Sold out | 0.00% | −1.59 |
| PGR Progressive Corp. | Reduce -37.6% | 1.69% | −1.54 |
| TEAM Atlassian Corp. Class A | Reduce -83.3% | 0.39% | −1.33 |
| MCD McDonald's Corp. | Sold out | 0.00% | −1.24 |
| SPOT Spotify Technology SA | Reduce -39.9% | 2.24% | −1.22 |
| SHW The Sherwin-Williams Co. | Reduce -52.5% | 0.68% | −1.13 |
| VRT Vertiv Holdings Co. Class A | Sold out | 0.00% | −1.02 |
| AMZN Amazon.com Inc. | Reduce -35.5% | 1.86% | −0.90 |
| ACHC Acadia Healthcare Co. Inc. | Sold out | 0.00% | −0.86 |
| CBRE CBRE Group Inc. Class A | Sold out | 0.00% | −0.71 |
| CCL Carnival Corp. | Sold out | 0.00% | −0.64 |
| FLUT Flutter Entertainment PLC-Di | Reduce -26.6% | 1.56% | −0.64 |
| APG Api Group Corp. | Reduce -16.2% | 2.51% | −0.59 |
| FCX Freeport-McMoran Inc. | Sold out | 0.00% | −0.57 |
| GEV GE Vernova Inc. | Reduce -64.3% | 0.38% | −0.56 |
| VST Vistra Corp. | Reduce -67.3% | 0.27% | −0.53 |
| LLY Eli Lilly & Co. | Sold out | 0.00% | −0.49 |
| ROIV Roivant Sciences Ltd. | Reduce -11.6% | 1.83% | −0.45 |
| KKR KKR & Co. Inc. | Reduce -51.6% | 0.42% | −0.44 |
| TMUS T-Mobile US Inc. | Reduce -47.0% | 0.44% | −0.43 |
| MMM 3M Co. | Sold out | 0.00% | −0.42 |
| AMP Ameriprise Financial Inc. | Sold out | 0.00% | −0.42 |
| TSLA Tesla Inc. | Sold out | 0.00% | −0.42 |
| RCI Rogers Communications Inc. Class B | Sold out | 0.00% | −0.40 |
| EQH Equitable Holdings Inc. | Reduce -74.9% | 0.12% | −0.35 |
| OSCR Oscar Health Inc. Class A | Reduce -50.2% | 0.13% | −0.34 |
| LBPH Longboard Pharmaceuticals Inc. | Sold out | 0.00% | −0.24 |
| ALL Allstate Corp. | Reduce -5.1% | 1.21% | −0.20 |
| REGN Regeneron Pharmaceuticals | Sold out | 0.00% | −0.19 |
| ZLAB Zai Lab Ltd.-ADR | Sold out | 0.00% | −0.17 |
| VKTX Viking Therapeutics Inc. | Sold out | 0.00% | −0.17 |
| DAWN Day One Biopharmaceuticals I | Sold out | 0.00% | −0.13 |
| IMVT Immunovant Inc. | Reduce -39.4% | 0.11% | −0.13 |
| NVDA Nvidia Corp. | Reduce -10.3% | 0.88% | −0.12 |
| CSGP Costar Group Inc. | Reduce -7.8% | 0.27% | −0.08 |
| ADSK Autodesk Inc. | Reduce -0.7% | 0.72% | −0.04 |
| EWTX Edgewise Therapeutics Inc. | Reduce -17.3% | 0.11% | −0.04 |
| TEVA Teva Pharmaceutical-SP ADR | Reduce -14.1% | 0.46% | −0.03 |
| V Visa Inc. Class A | Reduce -0.3% | 3.57% | +0.06 |
| NAMS Newamsterdam Pharma Co. NV | Reduce -13.0% | 0.58% | +0.09 |
Portfolio Buys Q3 2024 → Q4 2024
| UNH Unitedhealth Group Inc. | New | 3.11% | +3.11 |
| SCHW Schwab (charles) Corp. | Add +526.5% | 3.51% | +2.96 |
| JPM JPMorgan Chase & Co. | Add +102.0% | 5.79% | +2.95 |
| INTU Intuit Inc. | Add +492.9% | 3.50% | +2.84 |
| TSM Taiwan Semiconductor-SP ADR | New | 2.61% | +2.61 |
| CMCSA Comcast Corp. Class A | Add +540.8% | 2.41% | +1.94 |
| BA The Boeing Co. | New | 1.70% | +1.70 |
| GOOGL Alphabet Inc. Class A | Add +186.6% | 2.24% | +1.47 |
| MNST Monster Beverage Corp. | New | 1.37% | +1.37 |
| ICE Intercontinental Exchange Inc. | New | 1.33% | +1.33 |
| SBUX Starbucks Corp. | Add +220.9% | 1.58% | +0.99 |
| NFLX Netflix Inc. | Add +145.1% | 1.45% | +0.92 |
| ROST Ross Stores Inc. | New | 0.84% | +0.84 |
| DASH DoorDash Inc. Class A | Add +37.5% | 2.69% | +0.81 |
| SKX Skechers USA Inc. Class A | New | 0.79% | +0.79 |
| CRM Salesforce Inc. | Add +122.5% | 1.31% | +0.77 |
| AAL American Airlines Group Inc. | New | 0.76% | +0.76 |
| BAC Bank of America Corp. | Add +23.8% | 3.52% | +0.63 |
| COO The Cooper Cos Inc. | New | 0.60% | +0.60 |
| AMT American Tower Corp. | New | 0.53% | +0.53 |
| TRV The Travelers Cos Inc. | New | 0.52% | +0.52 |
| SNPS Synopsys Inc. | Add +105.2% | 1.13% | +0.48 |
| GM General Motors Co. | New | 0.44% | +0.44 |
| CVNA Carvana Co. | Add +224.7% | 0.57% | +0.40 |
| CSX CSX Corp. | Add +56.9% | 1.53% | +0.36 |
| BSX Boston Scientific Corp. | Add +124.6% | 0.63% | +0.33 |
| BNTX Biontech SE-ADR | Add +1932.3% | 0.35% | +0.33 |
| TRU Transunion | Add +70.8% | 1.23% | +0.31 |
| APO Apollo Global Management Inc. | New | 0.30% | +0.30 |
| TWLO Twilio Inc. Class A | New | 0.29% | +0.29 |
| CHTR Charter Communications Inc. Class A | New | 0.28% | +0.28 |
| MET Metlife Inc. | Add +34.1% | 1.59% | +0.25 |
| APTV Aptiv PLC | New | 0.20% | +0.20 |
| SNAP Snap Inc. Class A | New | 0.18% | +0.18 |
| TVTX Travere Therapeutics Inc. | New | 0.16% | +0.16 |
| LI Li Auto Inc. - ADR | Add +121.4% | 0.36% | +0.16 |
| QCOM Qualcomm Inc. | New | 0.16% | +0.16 |
| APP AppLovin Corp. Class A | New | 0.16% | +0.16 |
| AON Aon PLC Class A | Add +27.9% | 0.84% | +0.13 |
| LULU Lululemon Athletica Inc. | New | 0.10% | +0.10 |
| RRX Regal Rexnord Corp. | Add +37.5% | 0.44% | +0.05 |
| MSFT Microsoft Corp. | Add +16.9% | 3.26% | +0.05 |
| HCA HCA Healthcare Inc. | Add +59.0% | 1.08% | +0.04 |
| PONY Pony AI Inc. | New | 0.03% | +0.03 |
| ZS Zscaler Inc. | Add +7.9% | 0.53% | +0.01 |
| ITGR Integer Holdings Corp. | Add +4.1% | 0.50% | −0.03 |
| ORIC Oric Pharmaceuticals Inc. | Add +10.8% | 0.12% | −0.03 |
| CPT Camden Property Trust | Add +13.6% | 1.26% | −0.07 |
| FTV Fortive Corp. | Add +11.8% | 3.20% | −0.19 |
| RPRX Royalty Pharma PLC Class A | Add +0.9% | 1.01% | −0.24 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 90 | $35.1B | V, TSM, APD, SHW, FTV |
| Q1 2026 | 77 | $35.7B | V, TSM, SCHW, DIS, FTV |
| Q4 2025 | 76 | $37.7B | MSFT, PNC, TSM, V, SCHW |
| Q3 2025 | 78 | $38.5B | PNC, JPM, SCHW, COF, MSFT |
| Q2 2025 | 83 | $34.6B | BAC, SCHW, COF, JPM, USB |
| Q1 2025 | 91 | $31.5B | USB, SCHW, BAC, UNH, INTU |
| Q4 2024 | 86 | $30.9B | JPM, USB, V, BAC, SCHW |
| Q3 2024 | 83 | $27.4B | USB, ADBE, AAPL, PM, V |
| Q2 2024 | 82 | $26.0B | AMZN, ADBE, PM, MSFT, APG |
| Q1 2024 | 83 | $26.9B | V, WDAY, AMZN, PM, APG |