Viking Global
Portfolio value$35.1B
Positions90
QuarterQ2 2026ended 2026-06-30
Filed08/142026
Viking Global Investors LP's Q2 2026 13F, filed Aug 14, 2026, reports 90 positions worth $35.1B. The ten largest are 35.7% of the book, led by Visa at 6.3%, Taiwan Semiconductor Manufac at 4.3% and Air Products at 4.0%. Against Q1 2026: 35 bought, 16 added to, 29 reduced, 22 sold; the largest moves were sold Apple and reduced Tesla (−78%).
Where the money is
VTSM80 other
Holdings
| Ticker | Issuer | Weight | Value | Q-end → now | Price vs model | Change |
|---|---|---|---|---|---|---|
| V | Visa INC | 6.3% | $2.2B6.4M sh | 343.09 → +17% | 40% overvalued | added +1% |
| TSM | Taiwan Semiconductor Manufac | 4.3% | $1.5B3.2M sh | 477.57 | — | reduced −29% |
| APD | Air Products And Chemicals I | 4.0% | $1.4B4.7M sh | 293.18 → +2% | 9% overvalued | added +16% |
| SHW | Sherwin Williams CO | 3.8% | $1.3B3.9M sh | 344.32 → −3% | 76% overvalued | added +25% |
| FTV | Fortive Corp | 3.5% | $1.2B19.9M sh | 61.09 → −5% | 24% overvalued | reduced −11% |
| META | Meta Platforms INC | 3.0% | $1.1B1.9M sh | 563.29 → +26% | 10% overvalued | added +76% |
| SCHW | Schwab Charles Corp | 2.8% | $981.6M10.6M sh | 92.27 → −0% | 43% undervalued | reduced −27% |
| TMO | Thermo Fisher Scientific INC | 2.8% | $971.3M1.9M sh | 501.36 → +38% | 78% overvalued | added +16% |
| JPM | Jpmorgan Chase & CO | 2.7% | $949.1M2.9M sh | 327.33 → +4% | 11% overvalued | added +7% |
| LII | Lennox Intl INC | 2.6% | $911.5M1.6M sh | 572.95 → −38% | 10% overvalued | added +1% |
| AMZN | Amazon Com INC | 2.5% | $882.1M3.7M sh | 238.34 → +5% | 182% overvalued | added +210% |
| RACE | Ferrari N V | 2.3% | $816.9M2.2M sh | 370.60 | — | bought |
| CVNA | Carvana CO | 2.3% | $811.1M12.3M sh | 65.82 → −11% | 174% overvalued | reduced −11% |
| MCD | Mcdonalds Corp | 2.2% | $764.7M2.8M sh | 270.31 → −10% | 2% undervalued | reduced −22% |
| BBIO | Bridgebio Pharma INC | 2.1% | $741.0M9.9M sh | 74.48 | — | reduced −16% |
| BA | Boeing CO | 2.0% | $708.9M3.3M sh | 216.47 → −12% | 123% overvalued | added +2% |
| MAA | Mid-amer Apt Cmntys INC | 2.0% | $700.7M5.0M sh | 138.94 → −16% | 13% undervalued | added +5% |
| DIS | Disney Walt CO | 2.0% | $689.0M7.2M sh | 96.25 → +15% | 9% undervalued | reduced −46% |
| FDX | Fedex Corp | 1.9% | $673.9M2.2M sh | 313.13 → −6% | 55% overvalued | reduced −10% |
| MSCI | Msci INC | 1.9% | $650.0M1.2M sh | 560.04 → +2% | 65% overvalued | bought |
| ADPT | Adaptive Biotechnologies Cor | 1.8% | $643.4M30.0M sh | 21.45 | — | held |
| WAT | Waters Corp | 1.8% | $623.4M1.7M sh | 375.04 → +17% | 73% overvalued | added +32% |
| JCI | Johnson Controls Internation | 1.8% | $614.1M4.2M sh | 146.11 → −0% | 175% overvalued | reduced −5% |
| UNP | Union Pac Corp | 1.6% | $556.9M2.0M sh | 272.00 → +6% | 23% overvalued | bought |
| MSFT | Microsoft Corp | 1.6% | $544.1M1.5M sh | 373.02 → +42% | 10% overvalued | reduced −37% |
| SE | Sea LTD | 1.5% | $543.3M5.7M sh | 95.83 | — | added +20% |
| CPT | Camden Ppty Tr | 1.5% | $516.7M4.5M sh | 114.49 → −14% | 13% undervalued | reduced −4% |
| RRX | Regal Rexnord Corporation | 1.4% | $500.6M2.1M sh | 238.19 | — | reduced −33% |
| BMRN | Biomarin Pharmaceutical INC | 1.2% | $435.8M7.6M sh | 57.22 | — | added +8% |
| IBKR | Interactive Brokers Group In | 1.2% | $420.5M4.8M sh | 87.04 → −5% | 35% overvalued | added +246% |
| DLR | Digital Rlty Tr INC | 1.2% | $414.9M2.3M sh | 179.58 → −2% | 7% overvalued | bought |
| CCL | Carnival Corp LTD | 1.2% | $408.5M14.3M sh | 28.57 → −9% | 20% undervalued | bought |
| GM | General Mtrs CO | 1.1% | $385.8M5.0M sh | 77.08 → +9% | 53% overvalued | reduced −45% |
| AON | Aon PLC | 1.1% | $381.9M1.2M sh | 331.69 → −12% | 19% undervalued | added +6% |
| CVS | Cvs Health Corp | 1.1% | $379.0M3.7M sh | 103.45 → −11% | 420% overvalued | bought |
| FDXF | Fedex Fght Hldg CO INC | 1.0% | $357.4M2.4M sh | 151.00 → −25% | 41% undervalued | bought |
| ICE | Intercontinental Exchange In | 1.0% | $341.9M2.8M sh | 123.11 → +31% | 39% overvalued | reduced −43% |
| MS | Morgan Stanley | 1.0% | $339.2M1.6M sh | 209.04 → −14% | 28% overvalued | bought |
| HD | Home Depot INC | 0.9% | $324.7M920,595 sh | 352.68 → −12% | 34% overvalued | added +83% |
| TIC | Tic Solutions INC | 0.8% | $289.8M35.8M sh | 8.09 | — | held |
| QCOM | Qualcomm INC | 0.8% | $279.8M1.5M sh | 184.79 → −7% | 28% overvalued | bought |
| APTV | Aptiv PLC | 0.8% | $279.5M4.6M sh | 61.38 → −27% | 48% overvalued | bought |
| RDDT | Reddit INC | 0.8% | $271.7M1.6M sh | 173.58 → −10% | 129% overvalued | reduced −39% |
| HAS | Hasbro INC | 0.7% | $256.6M3.1M sh | 82.59 → +20% | 352% overvalued | reduced −17% |
| AVB | Avalonbay Cmntys INC | 0.7% | $252.8M1.3M sh | 188.69 | — | bought |
| DKS | Dicks Sporting Goods INC | 0.7% | $250.9M1.1M sh | 226.81 | — | reduced −13% |
| SNOW | Snowflake INC | 0.7% | $244.4M960,138 sh | 254.50 | — | bought |
| EQH | Equitable Hldgs INC | 0.7% | $236.9M5.4M sh | 43.88 | — | bought |
| TTWO | Take-two Interactive Softwar | 0.7% | $235.1M940,605 sh | 249.98 → −18% | 1% overvalued | bought |
| TSLA | Tesla INC | 0.7% | $230.4M547,816 sh | 420.60 → −16% | 1544% overvalued | reduced −78% |
| ATI | Ati INC | 0.6% | $227.4M1.2M sh | 197.10 | — | reduced −65% |
| ROIV | Roivant Sciences LTD | 0.6% | $221.9M6.3M sh | 35.39 | — | reduced −6% |
| SPCX | Space Exploration Techn Corp | 0.6% | $205.0M1.2M sh | 170.86 → −15% | 49% undervalued | bought |
| AS | Amer Sports INC | 0.6% | $201.5M6.0M sh | 33.84 | — | reduced −18% |
| MANE | Veradermics INC | 0.5% | $192.0M1.6M sh | 122.94 | — | reduced −8% |
| MDLN | Medline INC | 0.5% | $190.9M4.8M sh | 39.44 | — | reduced −58% |
| BCE | Bce INC | 0.5% | $180.6M8.4M sh | 21.54 | — | bought |
| USFD | Us Foods Hldg Corp | 0.5% | $177.3M1.7M sh | 102.25 | — | bought |
| ORKA | Oruka Therapeutics INC | 0.4% | $143.1M1.5M sh | 95.17 | — | reduced −44% |
| NAMS | Newamsterdam Pharma Company | 0.4% | $142.5M4.2M sh | 33.89 | — | held |
| SION | Sionna Therapeutics INC | 0.4% | $140.6M3.2M sh | 43.99 | — | held |
| CB | Chubb Limited | 0.4% | $128.6M377,312 sh | 340.74 → +6% | 21% overvalued | reduced −71% |
| PHVS | Pharvaris N V | 0.4% | $126.3M3.7M sh | 34.58 | — | held |
| UBS | Ubs Group AG | 0.3% | $120.8M2.4M sh | 49.58 | — | bought |
| BTSG | Brightspring Health Svcs INC | 0.3% | $112.9M1.6M sh | 69.74 | — | bought |
| INBX | Inhibrx Biosciences INC | 0.3% | $106.5M1.1M sh | 94.75 | — | reduced −22% |
| NTRA | Natera INC | 0.3% | $106.1M390,694 sh | 271.45 | — | bought |
| DB | Deutsche Bk AG | 0.2% | $85.0M2.5M sh | 33.85 | — | bought |
| COF | Capital One Finl Corp | 0.2% | $77.8M387,815 sh | 200.62 → +1% | 10% overvalued | reduced −76% |
| CRBG | Corebridge Finl INC | 0.2% | $76.7M2.7M sh | 28.63 | — | bought |
| SEDG | Solaredge Technologies INC | 0.2% | $63.6M1.1M sh | 58.44 | — | bought |
| DMRA | Damora Therapeutics INC | 0.2% | $60.1M2.3M sh | 26.01 | — | held |
| ORIC | Oric Pharmaceuticals INC | 0.2% | $55.5M5.1M sh | 10.83 | — | reduced −12% |
| BRKR | Bruker Corp | 0.2% | $53.8M893,491 sh | 60.18 | — | bought |
| LAB | Standard Biotools INC | 0.1% | $48.3M58.7M sh | 0.82 | — | held |
| DNA | Ginkgo Bioworks Holdings INC | 0.1% | $35.4M3.6M sh | 9.91 | — | held |
| CME | Cme Group INC | 0.1% | $33.8M152,980 sh | 220.83 → +33% | 18% overvalued | bought |
| TW | Tradeweb Mkts INC | 0.1% | $31.3M314,222 sh | 99.66 | — | bought |
| TRVI | Trevi Therapeutics INC | 0.1% | $28.8M1.5M sh | 18.65 | — | reduced −52% |
| INFQ | Infleqtion INC | 0.1% | $27.1M2.0M sh | 13.32 | — | bought |
| ARTV | Artiva Biotherapeutics INC | 0.1% | $25.3M2.6M sh | 9.70 | — | bought |
| QNT | Quantinuum INC | 0.1% | $25.0M306,123 sh | 81.74 | — | bought |
| FRVO | Fervo Energy CO | 0.1% | $21.9M750,000 sh | 29.23 | — | bought |
| ALT | Altimmune INC | 0.1% | $20.4M6.7M sh | 3.04 | — | bought |
| TOL | Toll Brothers INC | 0.1% | $18.1M109,856 sh | 164.75 | — | bought |
| DPC | Dpc Holdings PLC | 0.0% | $15.0M306,123 sh | 49.06 | — | bought |
| XE | X-energy INC | 0.0% | $13.1M714,286 sh | 18.36 | — | bought |
| AZUL | Azul S A | 0.0% | $12.1M1.3M sh | 8.99 | — | bought |
| RLYB | Rallybio Corp | 0.0% | $8.4M524,347 sh | 16.00 | — | held |
| PEPG | Pepgen INC | 0.0% | $6.3M3.5M sh | 1.80 | — | held |
Source: the manager's Form 13F-HR on SEC EDGAR, kept as immutable quarterly snapshots; changes compare two consecutive filings. A 13F is filed up to 45 days after quarter end and covers US-listed long positions only. Tickers come from a self-maintained CUSIP map; a position without one shows its CUSIP. Method notes in where the numbers come from.