Viking Global Investors 13F holdings, Q3 2025
Holdings as of September 30, 2025 · filings on SEC EDGAR · latest filing →
Viking Global Investors disclosed 78 US equity positions worth $38.5bn in its Q3 2025 13F filing. The largest position was PNC at 4.2% of the reported book, followed by JPM and SCHW. Against the Q2 2025 filing, it opened 8 new positions, added to 26 and reduced 13 among the top 50 holdings.
What did Viking Global Investors own in Q3 2025? Top 50 positions
| # | Stock | Sector | Weight | Value | Shares | Δ shares | vs Q2 2025 |
|---|---|---|---|---|---|---|---|
| 1 | PNC PNC FINL SVCS GROUP INC | Financial Services | 4.2% | $1.6bn | 7,956,766 | 235% | added |
| 2 | JPM JPMORGAN CHASE & CO. | Financial Services | 4.1% | $1.6bn | 5,059,060 | 25% | added |
| 3 | SCHW SCHWAB CHARLES CORP | Financial Services | 4.1% | $1.6bn | 16,583,101 | 5% | added |
| 4 | COF CAPITAL ONE FINL CORP | Financial Services | 4.1% | $1.6bn | 7,388,506 | 30% | added |
| 5 | MSFT MICROSOFT CORP | Technology | 3.3% | $1.3bn | 2,429,412 | – | new |
| 6 | DIS DISNEY WALT CO | Communication Services | 3.1% | $1.2bn | 10,449,711 | 79% | added |
| 7 | TSM TAIWAN SEMICONDUCTOR MFG LTD | Technology | 2.9% | $1.1bn | 3,944,366 | -9% | reduced |
| 8 | MCD MCDONALDS CORP | Consumer Cyclical | 2.7% | $1.0bn | 3,374,875 | 8% | added |
| 9 | FTV FORTIVE CORP | Technology | 2.6% | $1.0bn | 20,483,680 | 29% | added |
| 10 | APD AIR PRODS & CHEMS INC | Basic Materials | 2.6% | $1.0bn | 3,667,119 | 70% | added |
| 11 | SHW SHERWIN WILLIAMS CO | Basic Materials | 2.6% | $997.6m | 2,881,091 | 47% | added |
| 12 | V VISA INC | Financial Services | 2.6% | $989.0m | 2,897,030 | 79% | added |
| 13 | BBIO BRIDGEBIO PHARMA INC | Healthcare | 2.2% | $829.9m | 15,977,849 | -14% | reduced |
| 14 | GM GENERAL MTRS CO | Consumer Cyclical | 2.1% | $794.3m | 13,027,139 | 0% | held |
| 15 | CVNA CARVANA CO | Consumer Cyclical | 2.1% | $792.7m | 2,101,241 | 95% | added |
| 16 | TMUS T-MOBILE US INC | Communication Services | 2.0% | $781.0m | 3,262,466 | 15% | added |
| 17 | JCI JOHNSON CTLS INTL PLC | Industrials | 1.9% | $747.3m | 6,796,942 | 368% | added |
| 18 | BLK BLACKROCK INC | Financial Services | 1.9% | $722.2m | 619,492 | 218% | added |
| 19 | PM PHILIP MORRIS INTL INC | Consumer Defensive | 1.9% | $717.9m | 4,426,128 | 28% | added |
| 20 | TSLA TESLA INC | Consumer Cyclical | 1.9% | $715.9m | 1,609,828 | 46% | added |
| 21 | META META PLATFORMS INC | Communication Services | 1.8% | $682.2m | 929,003 | 250% | added |
| 22 | AMD ADVANCED MICRO DEVICES INC | Technology | 1.8% | $676.5m | 4,181,269 | 119% | added |
| 23 | BA BOEING CO | Industrials | 1.7% | $649.8m | 3,010,551 | 6% | added |
| 24 | NKE NIKE INC | Consumer Cyclical | 1.6% | $627.3m | 8,996,579 | 29% | added |
| 25 | NFLX NETFLIX INC | Communication Services | 1.6% | $600.4m | 500,812 | – | new |
| 26 | BAC BANK AMERICA CORP | Financial Services | 1.5% | $593.3m | 11,500,290 | -63% | reduced |
| 27 | HCA HCA HEALTHCARE INC | Healthcare | 1.5% | $588.4m | 1,380,583 | -26% | reduced |
| 28 | CSX CSX CORP | Industrials | 1.5% | $566.3m | 15,947,719 | -15% | reduced |
| 29 | DKNG DRAFTKINGS INC NEW | Consumer Cyclical | 1.5% | $561.1m | 15,003,351 | – | new |
| 30 | COR CENCORA INC | Healthcare | 1.4% | $555.7m | 1,778,135 | -15% | reduced |
| 31 | DHR DANAHER CORPORATION | Healthcare | 1.4% | $545.5m | 2,751,245 | -5% | reduced |
| 32 | SE SEA LTD | Consumer Cyclical | 1.4% | $543.2m | 3,039,203 | -14% | reduced |
| 33 | UBS UBS GROUP AG | Financial Services | 1.4% | $534.9m | 13,096,560 | 408% | added |
| 34 | PRMB PRIMO BRANDS CORPORATION | Consumer Defensive | 1.3% | $509.1m | 23,033,970 | 18% | added |
| 35 | AON AON PLC | Financial Services | 1.3% | $504.4m | 1,414,618 | – | new |
| 36 | ACUREN CORP | 1.2% | $457.3m | 34,360,000 | 0% | held | |
| 37 | BMRN BIOMARIN PHARMACEUTICAL INC | Healthcare | 1.2% | $450.7m | 8,322,179 | -32% | reduced |
| 38 | ADPT ADAPTIVE BIOTECHNOLOGIES COR | Healthcare | 1.2% | $448.7m | 29,993,708 | 0% | held |
| 39 | RRX REGAL REXNORD CORPORATION | Industrials | 1.2% | $448.0m | 3,123,262 | -9% | reduced |
| 40 | CLS CELESTICA INC | Technology | 1.1% | $424.5m | 1,722,780 | – | new |
| 41 | APG API GROUP CORP | Industrials | 1.1% | $423.0m | 12,306,277 | 7% | added |
| 42 | SAIA SAIA INC | Industrials | 1.1% | $414.3m | 1,383,888 | 67% | added |
| 43 | CPT CAMDEN PPTY TR | Real Estate | 1.1% | $410.8m | 3,846,740 | 42% | added |
| 44 | MAA MID-AMER APT CMNTYS INC | Real Estate | 1.0% | $369.6m | 2,645,082 | – | new |
| 45 | ROIV ROIVANT SCIENCES LTD | Healthcare | 0.9% | $357.0m | 23,594,831 | -31% | reduced |
| 46 | KKR KKR & CO INC | Financial Services | 0.9% | $352.0m | 2,709,024 | – | new |
| 47 | ROST ROSS STORES INC | Consumer Cyclical | 0.8% | $308.4m | 2,023,868 | -57% | reduced |
| 48 | CMG CHIPOTLE MEXICAN GRILL INC | Consumer Cyclical | 0.7% | $260.1m | 6,636,563 | 17% | added |
| 49 | BSX BOSTON SCIENTIFIC CORP | Healthcare | 0.7% | $257.9m | 2,641,682 | -13% | reduced |
| 50 | EW EDWARDS LIFESCIENCES CORP | Healthcare | 0.6% | $238.7m | 3,069,151 | – | new |
Weights are shares of the reported long US equity book (options excluded). Values are as filed, normalised to whole dollars. Share changes compare against the immediately preceding filing only.