Solvnode

Andreas Halvorsen

Viking Global Investors LP

Report date Dec 31, 2025 · 25 quarters available

Filed Feb 17, 2026, 48 days after the quarter ended · 13F-HR 0001103804-26-000002

Q2 2026 13F data is not published yet; the SEC filing deadline is August 14, 2026.

Reported portfolio value$37.7B-2.1% vs. previous quarter
Positions7621 new, 23 closed
Top-five concentration19.5%of the reported portfolio
Largest positionMSFTMICROSOFT CORP · 4.1% weight

Portfolio structure

Size by reported market value, hue by sector
Q4 2025

Sector allocation

Share of portfolio value · derived from SEC SIC codes, not licensed GICS data

Segments run in GICS sector order

  • Materials3.1%
  • Industrials11.0%
  • Consumer Discretionary22.2%
  • Health Care10.9%
  • Financials20.9%
  • Information Technology12.1%
  • Communication Services7.6%
  • Real Estate3.4%
  • Unclassified8.6%

91.4% of the value that can carry an issuer sector is classified · rule set sic-sector-v2

Sector Allocation Over Time

All available quarters · Share of portfolio value
25 quarters

At least one quarter in this series is too sparsely classified for the shape of the bands to be read as a rotation, so the series is withheld. How sectors are derived

All positions

Sorted by portfolio weight, high to low
MSFTMICROSOFT CORPCUSIP 594918104
Information Technology$1.56B
4.1%
Increased
Financials$1.52B
4.0%
Reduced
Information Technology$1.49B
4.0%
Increased
Financials$1.40B
3.7%
Increased
SCHWSCHWAB (CHARLES) CORPCUSIP 808513105
Financials$1.39B
3.7%
Reduced
DISWALT DISNEY CO/THECUSIP 254687106
Communication Services$1.27B
3.4%
Increased
Materials$1.18B
3.1%
Increased
MCDMCDONALD'S CORPCUSIP 580135101
Consumer Discretionary$1.11B
2.9%
Increased
BBIOBRIDGEBIO PHARMA INCCUSIP 10806X102
Health Care$1.10B
2.9%
Reduced
FTVFORTIVE CORPCUSIP 34959J108
Industrials$1.06B
2.8%
Reduced
SHWSHERWIN-WILLIAMS CO/THECUSIP 824348106
Consumer Discretionary$1.03B
2.7%
Increased
BABOEING CO/THECUSIP 097023105
Industrials$0.86B
2.3%
Increased
GOOGLALPHABET INC-CL ACUSIP 02079K305
Communication Services$0.83B
2.2%
New
AMDADVANCED MICRO DEVICESCUSIP 007903107
Information Technology$0.80B
2.1%
Reduced
Financials$0.78B
2.1%
New
TSLATESLA INCCUSIP 88160R101
Consumer Discretionary$0.76B
2.0%
Increased
TMUST-MOBILE US INCCUSIP 872590104
Communication Services$0.76B
2.0%
Increased
Consumer Discretionary$0.72B
1.9%
New
COFCAPITAL ONE FINANCIAL CORPCUSIP 14040H105
Financials$0.72B
1.9%
Reduced
Ticker unavailableJOHNSON CTLS INTL PLCCUSIP G51502105
Unclassified$0.71B
1.9%
Reduced
DKNGDRAFTKINGS INC-CL ACUSIP 26142V105
Consumer Discretionary$0.66B
1.7%
Increased
JPMJPMORGAN CHASE & COCUSIP 46625H100
Financials$0.61B
1.6%
Reduced
ROSTROSS STORES INCCUSIP 778296103
Consumer Discretionary$0.57B
1.5%
Increased
GMGENERAL MOTORS COCUSIP 37045V100
Consumer Discretionary$0.55B
1.5%
Reduced
MAAMID-AMERICA APARTMENT COMMCUSIP 59522J103
Real Estate$0.54B
1.4%
Increased
CPTCAMDEN PROPERTY TRUSTCUSIP 133131102
Real Estate$0.52B
1.4%
Increased
DKSDICK'S SPORTING GOODS INCCUSIP 253393102
Consumer Discretionary$0.51B
1.4%
New
CLSCELESTICA INCCUSIP 15101Q207
Information Technology$0.50B
1.3%
Reduced
CSXCSX CORPCUSIP 126408103
Industrials$0.50B
1.3%
Reduced
ADPTADAPTIVE BIOTECHNOLOGIESCUSIP 00650F109
Health Care$0.49B
1.3%
Unchanged
SESEA LTD-ADRCUSIP 81141R100
Consumer Discretionary$0.47B
1.2%
Increased
HCAHCA HEALTHCARE INCCUSIP 40412C101
Health Care$0.47B
1.2%
Reduced
Industrials$0.46B
1.2%
New
RRXREGAL REXNORD CORPCUSIP 758750103
Industrials$0.45B
1.2%
Increased
CVNACARVANA COCUSIP 146869102
Consumer Discretionary$0.45B
1.2%
Reduced
CHWYCHEWY INC - CLASS ACUSIP 16679L109
Consumer Discretionary$0.45B
1.2%
Increased
APGAPI GROUP CORPCUSIP 00187Y100
Consumer Discretionary$0.44B
1.2%
Reduced
Ticker unavailableSTELLANTIS N.VCUSIP N82405106
Unclassified$0.43B
1.2%
New
CCL1EURCARNIVAL CORP LTDCUSIP 143658300
Unclassified$0.43B
1.1%
New
Ticker unavailableUBS GROUP AGCUSIP H42097107
Unclassified$0.43B
1.1%
Reduced
UNHUNITEDHEALTH GROUP INCCUSIP 91324P102
Health Care$0.40B
1.0%
New
BMRNBIOMARIN PHARMACEUTICAL INCCUSIP 09061G101
Health Care$0.36B
1.0%
Reduced
SAIASAIA INCCUSIP 78709Y105
Industrials$0.36B
0.9%
Reduced
TICTIC SOLUTIONS INCCUSIP 00510N102
Consumer Discretionary$0.35B
0.9%
Unchanged
Ticker unavailableCHUBB LIMITEDCUSIP H1467J104
Unclassified$0.32B
0.8%
New
PGRPROGRESSIVE CORPCUSIP 743315103
Financials$0.30B
0.8%
New
LIILENNOX INTERNATIONAL INCCUSIP 526107107
Industrials$0.30B
0.8%
New
Financials$0.30B
0.8%
New
MDLNMEDLINE INC-CL ACUSIP 58507V107
Health Care$0.29B
0.8%
New
Ticker unavailableAON PLCCUSIP G0403H108
Unclassified$0.28B
0.7%
Reduced
AJGARTHUR J GALLAGHER & COCUSIP 363576109
Financials$0.27B
0.7%
New
BACBANK OF AMERICA CORPCUSIP 060505104
Financials$0.25B
0.7%
Reduced
BSXBOSTON SCIENTIFIC CORPCUSIP 101137107
Health Care$0.24B
0.6%
Reduced
DLRDIGITAL REALTY TRUST INCCUSIP 253868103
Real Estate$0.23B
0.6%
New
LOWLOWE'S COS INCCUSIP 548661107
Consumer Discretionary$0.22B
0.6%
New
FIGFIGMA INC-CL ACUSIP 316841105
Information Technology$0.21B
0.6%
New
ITUBITAU UNIBANCO H-SPON PRF ADRCUSIP 465562106
Financials$0.20B
0.5%
New
Ticker unavailableAMER SPORTS INCCUSIP G0260P102
Unclassified$0.18B
0.5%
Reduced
RALRALLIANT CORPCUSIP 750940108
Industrials$0.16B
0.4%
Reduced
RIOTRIOT PLATFORMS INCCUSIP 767292105
Financials$0.16B
0.4%
New
Ticker unavailableNEWAMSTERDAM PHARMA COMPANYCUSIP N62509109
Unclassified$0.15B
0.4%
Reduced
Ticker unavailableROIVANT SCIENCES LTDCUSIP G76279101
Unclassified$0.14B
0.4%
Reduced
IQVIQVIA HOLDINGS INCCUSIP 46266C105
Health Care$0.14B
0.4%
New
SIONSIONNA THERAPEUTICS INCCUSIP 829401108
Health Care$0.13B
0.3%
Unchanged
INBXINHIBRX BIOSCIENCES INCCUSIP 45720N103
Health Care$0.11B
0.3%
Reduced
Ticker unavailablePHARVARIS N VCUSIP N69605108
Unclassified$0.10B
0.3%
Unchanged
CSGPCOSTAR GROUP INCCUSIP 22160N109
Consumer Discretionary$0.10B
0.3%
Reduced
Health Care$0.08B
0.2%
New
ORKAORUKA THERAPEUTICS INCCUSIP 687604108
Health Care$0.08B
0.2%
Unchanged
LABSTANDARD BIOTOOLS INCCUSIP 34385P108
Health Care$0.08B
0.2%
Unchanged
MASI*MASIMO CORPCUSIP 574795100
Unclassified$0.07B
0.2%
Reduced
ORICORIC PHARMACEUTICALS INCCUSIP 68622P109
Health Care$0.05B
0.1%
Reduced
TRVITREVI THERAPEUTICS INCCUSIP 89532M101
Health Care$0.04B
0.1%
Reduced
Health Care$0.03B
0.1%
Unchanged
PEPGPEPGEN INCCUSIP 713317105
Health Care$0.02B
0.1%
Unchanged
Ticker unavailableRALLYBIO CORPCUSIP 75120L100
Unclassified$0.00B
0.0%
Unchanged
Andreas Halvorsen · Q4 2025 | Solvnode