VIKING GLOBAL INVESTORS LP

STAMFORD, CT · CIK 1103804 · 13F filing filed 2026-08-14

SEC-registered investment adviser since 2011 · limited partnership

Assets managed$78.2bn
Staff274 · 77 in investment roles
Main clients (by assets)Private funds 100%
Private funds15 (4 hedge) · $81.7bn gross assets
Websitevikingglobal.com
Form ADV · 2026-06-15SEC adviser record

Legal entityVIKING GLOBAL INVESTORS LP (US)

$35.1bn reported value -1.9% vs Q1 2026

90positions

35.7%in top 10

35 new 17 added 28 reduced 22 sold out vs Q1 2026

Holdings, Q2 2026

The small lines show how much was held over the last 4 quarters (adjusted for stock splits).

#	Security	Ticker	Shares	Value	% of portfolio	Change	Shares change
1	VISA INC COM CL A V	V	6,393,604	$2.2bn6.25%	6.25%	Added +65.4k	+65,419 1.0%
2	TAIWAN SEMICONDUCTOR MFG LTD SPONSORED ADS TSM	TSM	3,168,097	$1.5bn4.31%	4.31%	Reduced -1.3m	-1,297,030 -29.1%
3	AIR PRODS & CHEMS INC COM APD	APD	4,740,351	$1.4bn3.96%	3.96%	Added +636.3k	+636,256 15.5%
4	SHERWIN WILLIAMS CO COM SHW	SHW	3,875,879	$1.3bn3.80%	3.80%	Added +763.1k	+763,112 24.5%
5	FORTIVE CORP COM FTV	FTV	19,934,762	$1.2bn3.47%	3.47%	Reduced -2.5m	-2,544,626 -11.3%
6	META PLATFORMS INC CL A META	META	1,867,619	$1.1bn3.00%	3.00%	Added +805.0k	+805,044 75.8%
7	SCHWAB CHARLES CORP COM SCHW	SCHW	10,638,869	$981.6m2.80%	2.80%	Reduced -4.0m	-4,026,085 -27.4%
8	THERMO FISHER SCIENTIFIC INC COM TMO	TMO	1,937,415	$971.3m2.77%	2.77%	Added +269.4k	+269,390 16.1%
9	JPMORGAN CHASE & CO COM JPM	JPM	2,899,386	$949.1m2.71%	2.71%	Added +195.4k	+195,368 7.2%
10	LENNOX INTL INC COM LII	LII	1,590,959	$911.5m2.60%	2.60%	Added +18.5k	+18,540 1.2%
11	AMAZON COM INC COM AMZN	AMZN	3,700,862	$882.1m2.51%	2.51%	Added +2.5m	+2,505,434 209.6%
12	FERRARI N V COM RACE	RACE	2,204,309	$816.9m2.33%	2.33%	New
13	CARVANA CO CL A CVNA	CVNA	12,322,311	$811.1m2.31%	2.31%	Reduced -1.6m	-1,577,864 -11.3%
14	MCDONALDS CORP COM MCD	MCD	2,829,158	$764.7m2.18%	2.18%	Reduced -795.9k	-795,871 -21.9%
15	BRIDGEBIO PHARMA INC COM BBIO	BBIO	9,949,219	$741.0m2.11%	2.11%	Reduced -1.9m	-1,893,215 -16.0%
16	BOEING CO COM BA	BA	3,274,825	$708.9m2.02%	2.02%	Added +78.8k	+78,784 2.5%
17	MID-AMER APT CMNTYS INC COM MAA	MAA	5,043,318	$700.7m2.00%	2.00%	Added +244.9k	+244,914 5.1%
18	DISNEY WALT CO COM DIS	DIS	7,158,406	$689.0m1.96%	1.96%	Reduced -6.1m	-6,140,056 -46.2%
19	FEDEX CORP COM FDX	FDX	2,151,983	$673.9m1.92%	1.92%	Added +219.8k	+219,818 11.4%
20	MSCI INC COM MSCI	MSCI	1,160,687	$650.0m1.85%	1.85%	New
21	ADAPTIVE BIOTECHNOLOGIES COR COM ADPT	ADPT	29,993,708	$643.4m1.83%	1.83%	Unchanged
22	WATERS CORP COM WAT	WAT	1,662,140	$623.4m1.78%	1.78%	Added +405.7k	+405,678 32.3%
23	JOHNSON CTLS INTL PLC SHS JCI	JCI	4,202,694	$614.1m1.75%	1.75%	Reduced -217.2k	-217,229 -4.9%
24	UNION PAC CORP COM UNP	UNP	2,047,332	$556.9m1.59%	1.59%	New
25	MICROSOFT CORP COM MSFT	MSFT	1,458,618	$544.1m1.55%	1.55%	Reduced -850.8k	-850,828 -36.8%
26	SEA LTD SPONSORD ADS SE	SE	5,669,877	$543.3m1.55%	1.55%	Added +932.7k	+932,681 19.7%
27	CAMDEN PPTY TR SH BEN INT CPT	CPT	4,513,303	$516.7m1.47%	1.47%	Reduced -202.1k	-202,091 -4.3%
28	REGAL REXNORD CORPORATION COM RRX	RRX	2,101,759	$500.6m1.43%	1.43%	Reduced -1.0m	-1,041,092 -33.1%
29	BIOMARIN PHARMACEUTICAL INC COM BMRN	BMRN	7,616,563	$435.8m1.24%	1.24%	Added +554.5k	+554,486 7.8%
30	INTERACTIVE BROKERS GROUP IN COM CL A IBKR	IBKR	4,830,748	$420.5m1.20%	1.20%	Added +3.4m	+3,436,419 246.5%
31	DIGITAL RLTY TR INC COM DLR	DLR	2,310,475	$414.9m1.18%	1.18%	New
32	CARNIVAL CORP LTD COMMON SHARES CCL	CCL	14,299,953	$408.5m1.16%	1.16%	New
33	GENERAL MTRS CO COM GM	GM	5,005,833	$385.8m1.10%	1.10%	Reduced -4.2m	-4,171,110 -45.5%
34	AON PLC SHS CL A AON	AON	1,151,269	$381.9m1.09%	1.09%	Added +64.2k	+64,155 5.9%
35	CVS HEALTH CORP COM CVS	CVS	3,663,361	$379.0m1.08%	1.08%	New
36	FEDEX FGHT HLDG CO INC COMMON STOCK FDXF	FDXF	2,366,634	$357.4m1.02%	1.02%	New
37	INTERCONTINENTAL EXCHANGE IN COM ICE	ICE	2,777,138	$341.9m0.97%	0.97%	Reduced -2.1m	-2,059,758 -42.6%
38	MORGAN STANLEY COM NEW MS	MS	1,622,593	$339.2m0.97%	0.97%	New
39	HOME DEPOT INC COM HD	HD	920,595	$324.7m0.93%	0.93%	Added +416.3k	+416,338 82.6%
40	TIC SOLUTIONS INC COM TIC	TIC	35,824,562	$289.8m0.83%	0.83%	Unchanged
41	QUALCOMM INC COM QCOM	QCOM	1,514,185	$279.8m0.80%	0.80%	New
42	APTIV PLC COM SHS APTV	APTV	4,552,887	$279.5m0.80%	0.80%	New
43	REDDIT INC CL A RDDT	RDDT	1,565,518	$271.7m0.77%	0.77%	Reduced -986.1k	-986,099 -38.6%
44	HASBRO INC COM HAS	HAS	3,107,195	$256.6m0.73%	0.73%	Reduced -631.7k	-631,707 -16.9%
45	AVALONBAY CMNTYS INC COM AVB	AVB	1,339,782	$252.8m0.72%	0.72%	New
46	DICKS SPORTING GOODS INC COM DKS	DKS	1,106,134	$250.9m0.72%	0.72%	Reduced -158.0k	-158,036 -12.5%
47	SNOWFLAKE INC CL A SNOW	SNOW	960,138	$244.4m0.70%	0.70%	New
48	EQUITABLE HLDGS INC COM EQH	EQH	5,398,896	$236.9m0.68%	0.68%	New
49	TAKE-TWO INTERACTIVE SOFTWAR COM TTWO	TTWO	940,605	$235.1m0.67%	0.67%	New
50	TESLA INC COM TSLA	TSLA	547,816	$230.4m0.66%	0.66%	Reduced -1.9m	-1,945,745 -78.0%
51	ATI INC COM ATI	ATI	1,153,880	$227.4m0.65%	0.65%	Reduced -2.2m	-2,178,963 -65.4%
52	ROIVANT SCIENCES LTD SHS ROIV	ROIV	6,271,467	$221.9m0.63%	0.63%	Reduced -381.0k	-380,981 -5.7%
53	SPACE EXPLORATION TECHN CORP CLASS A COM STK SPCX	SPCX	1,200,000	$205.0m0.58%	0.58%	New
54	AMER SPORTS INC COM SHS AS	AS	5,954,351	$201.5m0.57%	0.57%	Reduced -1.3m	-1,316,125 -18.1%
55	VERADERMICS INC COMMON STOCK MANE	MANE	1,561,494	$192.0m0.55%	0.55%	Reduced -129.1k	-129,061 -7.6%
56	MEDLINE INC COM CL A MDLN	MDLN	4,841,080	$190.9m0.54%	0.54%	Reduced -6.6m	-6,592,912 -57.7%
57	BCE INC COM NEW BCE	BCE	8,383,278	$180.6m0.51%	0.51%	New
58	US FOODS HLDG CORP COM USFD	USFD	1,734,346	$177.3m0.51%	0.51%	New
59	ORUKA THERAPEUTICS INC COM ORKA	ORKA	1,503,478	$143.1m0.41%	0.41%	Reduced -1.2m	-1,163,212 -43.6%
60	NEWAMSTERDAM PHARMA COMPANY ORDINARY SHARES NAMS	NAMS	4,203,567	$142.5m0.41%	0.41%	Unchanged
61	SIONNA THERAPEUTICS INC COM SION	SION	3,195,181	$140.6m0.40%	0.40%	Unchanged
62	CHUBB LIMITED COM CB	CB	377,312	$128.6m0.37%	0.37%	Reduced -917.7k	-917,699 -70.9%
63	PHARVARIS N V COM PHVS	PHVS	3,653,310	$126.3m0.36%	0.36%	Unchanged
64	UBS GROUP AG SHS UBS	UBS	2,435,805	$120.8m0.34%	0.34%	New
65	BRIGHTSPRING HEALTH SVCS INC COM BTSG	BTSG	1,618,237	$112.9m0.32%	0.32%	New
66	INHIBRX BIOSCIENCES INC COM INBX	INBX	1,123,929	$106.5m0.30%	0.30%	Reduced -313.8k	-313,776 -21.8%
67	NATERA INC COM NTRA	NTRA	390,694	$106.1m0.30%	0.30%	New
68	DEUTSCHE BANK A G NAMEN AKT DB	DB	2,510,554	$85.0m0.24%	0.24%	New
69	CAPITAL ONE FINL CORP COM COF	COF	387,815	$77.8m0.22%	0.22%	Reduced -1.2m	-1,224,559 -76.0%
70	COREBRIDGE FINL INC COM CRBG	CRBG	2,679,371	$76.7m0.22%	0.22%	New
71	SOLAREDGE TECHNOLOGIES INC COM SEDG	SEDG	1,088,469	$63.6m0.18%	0.18%	New
72	DAMORA THERAPEUTICS INC COM NEW COM NEW		2,311,082	$60.1m0.17%	0.17%	Unchanged
73	ORIC PHARMACEUTICALS INC COM ORIC	ORIC	5,126,762	$55.5m0.16%	0.16%	Reduced -697.8k	-697,771 -12.0%
74	BRUKER CORP COM BRKR	BRKR	893,491	$53.8m0.15%	0.15%	New
75	STANDARD BIOTOOLS INC COM LAB	LAB	58,651,170	$48.3m0.14%	0.14%	Unchanged
76	GINKGO BIOWORKS HOLDINGS INC CL A NEW DNA	DNA	3,577,128	$35.4m0.10%	0.10%	Unchanged
77	CME GROUP INC COM CME	CME	152,980	$33.8m0.10%	0.10%	New
78	TRADEWEB MKTS INC CL A TW	TW	314,222	$31.3m0.09%	0.09%	New
79	TREVI THERAPEUTICS INC COM TRVI	TRVI	1,544,644	$28.8m0.08%	0.08%	Reduced -1.7m	-1,654,000 -51.7%
80	INFLEQTION INC COM SHS INFQ	INFQ	2,032,649	$27.1m0.08%	0.08%	New
81	ARTIVA BIOTHERAPEUTICS INC COM ARTV	ARTV	2,604,166	$25.3m0.07%	0.07%	New
82	QUANTINUUM INC CL A COM QNT	QNT	306,123	$25.0m0.07%	0.07%	New
83	FERVO ENERGY CO CL A COM FRVO	FRVO	750,000	$21.9m0.06%	0.06%	New
84	ALTIMMUNE INC COM NEW ALT	ALT	6,700,000	$20.4m0.06%	0.06%	New
85	TOLL BROTHERS INC COM TOL	TOL	109,856	$18.1m0.05%	0.05%	New
86	DPC HOLDINGS PLC ORDINARY SHARES DPC	DPC	306,123	$15.0m0.04%	0.04%	New
87	X-ENERGY INC COM CL A XE	XE	714,286	$13.1m0.04%	0.04%	New
88	AZUL S A SPONSORED ADS AZUL	AZUL	1,349,734	$12.1m0.03%	0.03%	New
89	RALLYBIO CORP COM RLYB	RLYB	524,347	$8.4m0.02%	0.02%	Unchanged
90	PEPGEN INC COM PEPG	PEPG	3,482,434	$6.3m0.02%	0.02%	Unchanged

Sold out since Q1 2026

Security	Ticker	Shares held before	Value then
APPLE INC AAPL	AAPL	3,593,057	$911.9m3.6m shares
CSX CORP CSX	CSX	18,678,052	$766.7m18.7m shares
ALPHABET INC GOOGL	GOOGL	2,395,865	$689.0m2.4m shares
PNC FINL SVCS GROUP INC PNC	PNC	3,027,092	$629.9m3.0m shares
T-MOBILE US INC TMUS	TMUS	2,967,374	$623.2m3.0m shares
HCA HEALTHCARE INC HCA	HCA	1,075,133	$508.8m1.1m shares
CELESTICA INC CLS	CLS	1,654,989	$466.2m1.7m shares
CARNIVAL CORP		13,721,348	$355.1m13.7m shares
PROGRESSIVE CORP PGR	PGR	1,616,559	$320.5m1.6m shares
AMERICAN INTL GROUP INC AIG	AIG	4,221,223	$317.6m4.2m shares
API GROUP CORP APG	APG	5,837,000	$236.5m5.8m shares
CBOE GLOBAL MKTS INC CBOE	CBOE	688,417	$193.5m688.4k shares
GALLAGHER ARTHUR J & CO AJG	AJG	727,441	$157.5m727.4k shares
LULULEMON ATHLETICA INC LULU	LULU	980,568	$150.1m980.6k shares
STELLANTIS N.V STLA	STLA	15,980,268	$111.9m16.0m shares
COREWEAVE INC CRWV	CRWV	1,397,438	$108.3m1.4m shares
WEST PHARMACEUTICAL SVSC INC WST	WST	416,948	$104.5m416.9k shares
RALLIANT CORP RAL	RAL	2,134,899	$88.8m2.1m shares
EDWARDS LIFESCIENCES CORP EW	EW	1,097,578	$87.9m1.1m shares
TWILIO INC TWLO	TWLO	450,770	$56.7m450.8k shares
EQUIPMENTSHARE COM INC EQPT	EQPT	1,000,000	$20.4m1.0m shares
FORGENT POWER SOLUTIONS INC FPS	FPS	650,000	$19.0m650.0k shares

Stakes above 5%

Companies where this manager has reported owning more than 5% of a class of shares, on Schedule 13D (may seek influence) or 13G (passive): its latest filing for each, from 19 Dec 2024 on.

Company	Ticker	Stake	Change	Schedule	Last filed
CAZOO GROUP LTD CZOOF · 13D · filed 2025-03-12	CZOOF	43.8%		13D	2025-03-12
ADAPTIVE BIOTECHNOLOGIES COR ADPT · 13G · filed 2026-05-15	ADPT	18.8%≈ $643.4m		13G	2026-05-15
TIC SOLUTIONS INC TIC · 13G · filed 2026-05-15	TIC	16.2%≈ $289.8m		13G	2026-05-15
STANDARD BIOTOOLS INC LAB · 13D · filed 2026-06-12	LAB	15.0%≈ $48.3m	no change	13D	2026-06-12
RALLYBIO CORP RLYB · 13G · filed 2026-05-15	RLYB	10.0%≈ $8.5m		13G	2026-05-15
RALLYBIO CORP 13G · filed 2026-02-17		10.0%		13G	2026-02-17
INHIBRX BIOSCIENCES INC INBX · 13G · filed 2026-08-14	INBX	9.3%≈ $131.1m	-0.7 pts	13G	2026-08-14
ORIC PHARMACEUTICALS INC ORIC · 13G · filed 2026-05-15	ORIC	7.8%≈ $89.5m	-2.2 pts	13G	2026-05-15
GINKGO BIOWORKS HOLDINGS INC DNA · 13G · filed 2026-05-15	DNA	7.1%≈ $35.4m		13G	2026-05-15
SIONNA THERAPEUTICS INC SION · 13G · filed 2026-05-15	SION	7.1%≈ $140.6m	+0.4 pts	13G	2026-05-15
FORTIVE CORP FTV · 13G · filed 2026-05-15	FTV	7.1%≈ $1.4bn	+0.7 pts	13G	2026-05-15
ALTIMMUNE INC ALT · 13G · filed 2026-05-01	ALT	6.7%≈ $40.7m	new	13G	2026-05-01
PHARVARIS N V PHVS · 13G · filed 2026-05-15	PHVS	5.6%≈ $126.3m		13G	2026-05-15
REGAL REXNORD CORPORATION RRX · 13G · filed 2026-09-16	RRX	5.4%≈ $852.4m	+0.4 pts	13G	2026-09-16
ARTIVA BIOTHERAPEUTICS INC ARTV · 13G · filed 2026-05-18	ARTV	5.4%≈ $25.3m	new	13G	2026-05-18
LENNOX INTL INC LII · 13G · filed 2026-04-22	LII	5.2%≈ $1.0bn	new	13G	2026-04-22
MID-AMER APT CMNTYS INC MAA · 13G · filed 2026-10-05	MAA	5.1%≈ $817.8m	new	13G	2026-10-05
PEPGEN INC PEPG · 13G · filed 2026-05-15	PEPG	5.0%≈ $6.3m	-0.1 pts	13G	2026-05-15
BRIDGEBIO PHARMA INC BBIO · 13D · filed 2026-07-10	BBIO	5.0%≈ $729.3m	-1.1 pts	13D	2026-07-10