Andreas Halvorsen

Viking Global Investors LP

as of Sep 30, 2025 · filed Nov 14, 2025 · 45-day reporting lag · historical report

Source filings

13F-HR 0001103804-25-000010

QuarterCompare any two quarters

Portfolio value$38.5B 11.3% vs. previous quarter

Positions7815 new · 20 sold

Top 519.8%largest PNC at 4.2%

Largest moveMSFTNew · 3.3% weight

Concentration

How much of the portfolio the biggest positions add up to. Hover the curve, or focus it and use the arrow keys, to inspect each rank.

Longest held

One block per imported quarter, oldest at the left. A full row means held in all of them, not that the position began there.

6%held throughout

FTV26

BBIO26

ADPT26

V25

MSFT24

Top 3 moves

MSFT+3.3%

PNC+2.9%

BAC−2.7%

15 new positions and 20 sold; the largest portfolio-weight shift was MSFT entering at 3.3%.

Holdings

Reported price is value divided by shares, the manager’s quarter-end mark rather than a traded price.

1–25 of 78, sorted by portfolio weight, high to low

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Reported holdings for Q3 2025

PNCPNC FINANCIAL SERVICES GROUPFinancials	4.2%+2.9%	Increased234.9%	7,956,766	$200.93	$1.60B
JPMJPMORGAN CHASE & COFinancials	4.1%+0.8%	Increased25.2%	5,059,060	$315.43	$1.60B
SCHWSCHWAB (CHARLES) CORPFinancials	4.1%	Increased5.1%	16,583,101	$95.47	$1.58B
COFCAPITAL ONE FINANCIAL CORPFinancials	4.1%+0.6%	Increased30.3%	7,388,506	$212.58	$1.57B
MSFTNEWMICROSOFT CORPInformation Technology	3.3%+3.3%	New	2,429,412	$517.95	$1.26B
DISWALT DISNEY CO/THECommunication Services	3.1%+1.0%	Increased78.7%	10,449,711	$114.50	$1.20B
TSMTAIWAN SEMICONDUCTOR-SP ADRInformation TechnologySupply chain (as of Q3 2026)	2.9%	Reduced8.9%	3,944,366	$279.29	$1.10B
MCDMCDONALD'S CORPConsumer Discretionary	2.7%	Increased8.0%	3,374,875	$303.89	$1.03B
FTVFORTIVE CORPIndustrials	2.6%+0.2%	Increased28.7%	20,483,680	$48.99	$1.00B
APDAIR PRODUCTS & CHEMICALS INCMaterials	2.6%+0.8%	Increased70.2%	3,667,119	$272.72	$1.00B
SHWSHERWIN-WILLIAMS CO/THEConsumer Discretionary	2.6%+0.6%	Increased47.2%	2,881,091	$346.26	$997.6M
VVISA INC-CLASS A SHARESFinancials	2.6%+0.9%	Increased78.7%	2,897,030	$341.38	$989.0M
BBIOBRIDGEBIO PHARMA INCHealth Care	2.2%-0.2%	Reduced13.9%	15,977,849	$51.94	$829.9M
GMGENERAL MOTORS COConsumer Discretionary	2.1%+0.2%	Increased0.1%	13,027,139	$60.97	$794.3M
CVNACARVANA COConsumer Discretionary	2.1%+1.0%	Increased94.9%	2,101,241	$377.24	$792.7M
TMUST-MOBILE US INCCommunication Services	2.0%+0.1%	Increased14.7%	3,262,466	$239.38	$781.0M
Ticker unavailableJOHNSON CTLS INTL PLCUnclassified	1.9%+1.5%	Increased368.5%	6,796,942	$109.95	$747.3M
BLKBLACKROCK INCFinancials	1.9%+1.3%	Increased217.5%	619,492	$1165.87	$722.2M
PMPHILIP MORRIS INTERNATIONALConsumer Staples	1.9%	Increased28.1%	4,426,128	$162.20	$717.9M
TSLATESLA INCConsumer Discretionary	1.9%+0.8%	Increased46.3%	1,609,828	$444.72	$715.9M
METAMETA PLATFORMS INC-CLASS ACommunication Services	1.8%+1.2%	Increased249.9%	929,003	$734.38	$682.2M
AMDADVANCED MICRO DEVICESInformation Technology	1.8%+1.0%	Increased118.8%	4,181,269	$161.79	$676.5M
BABOEING CO/THEIndustrials	1.7%	Increased6.2%	3,010,551	$215.83	$649.8M
NKENIKE INC -CL BConsumer Discretionary	1.6%+0.2%	Increased29.1%	8,996,579	$69.73	$627.3M
NFLXNEWNETFLIX INCCommunication Services	1.6%+1.6%	New	500,812	$1198.92	$600.4M