# Viking Global Investors: 13F portfolio, Q2 2026

Investment firm, Stamford.

Source: SEC Form 13F filed 2026-08-14 for the quarter ended 2026-06-30: https://www.sec.gov/Archives/edgar/data/1103804/000110380426000006/0001103804-26-000006-index.htm
Values are as the manager reported them in the filing, not current market prices.
Page: https://valuepeg.com/managers/viking-global
Updated: 2026-08-14 · Next filing due by 2026-11-14

## Summary
- Reported value: $35.1B (Q1 2026: $35.7B)
- Positions: 90 (Q1 2026: 77)
- Top 10 holdings: 35.7% of the portfolio
- This quarter: 35 new, 17 added to, 27 trimmed, 22 sold out

## What Viking Global Investors did in Q2 2026
Viking Global Investors opened 35 new positions, the largest Ferrari, MSCI and Union Pacific. It raised its stake in Interactive Brokers Group by 246%, Amazon by 210% and Home Depot by 83%, among 4 it added to by half or more. It sold out of 22 positions, among them Apple, CSX and Alphabet. It cut Tesla by 78%, Capital One Financial by 76% and Chubb by 71%, among 6 it cut by half or more. Visa is still the largest holding, at 6.3% of the portfolio.

## Biggest buys
- Ferrari (RACE): New
- MSCI (MSCI): New
- Union Pacific (UNP): New
- Digital Realty Trust (DLR): New
- Carnival (CCL): New

## Biggest sells
- Apple (AAPL): Sold out
- CSX (CSX): Sold out
- Alphabet (GOOGL): Sold out
- Pnc Financial Services Group (PNC): Sold out
- T-Mobile US (TMUS): Sold out

## Top 15 holdings
| # | Company | Ticker | % of portfolio | Reported value | Change vs Q1 2026 | Held since |
|---|---|---|---|---|---|---|
| 1 | Visa | V | 6.3% | $2.2B | +1% | Q3 2024 or earlier |
| 2 | Taiwan Semiconductor Manufacturing | TSM | 4.3% | $1.5B | −29% | Q4 2024 |
| 3 | Air Products & Chemicals | APD | 4.0% | $1.4B | +16% | Q2 2025 |
| 4 | Sherwin Williams | SHW | 3.8% | $1.3B | +25% | Q3 2024 or earlier |
| 5 | Fortive | FTV | 3.5% | $1.2B | −11% | Q3 2024 or earlier |
| 6 | Meta Platforms | META | 3.0% | $1.1B | +76% | Q1 2025 |
| 7 | Schwab Charles | SCHW | 2.8% | $981.6M | −27% | Q3 2024 or earlier |
| 8 | Thermo Fisher Scientific | TMO | 2.8% | $971.3M | +16% | Q4 2025 |
| 9 | Jpmorgan Chase | JPM | 2.7% | $949.1M | +7% | Q3 2024 or earlier |
| 10 | Lennox International | LII | 2.6% | $911.5M | +1% | Q4 2025 |
| 11 | Amazon | AMZN | 2.5% | $882.1M | +210% | Q3 2024 or earlier |
| 12 | Ferrari | RACE | 2.3% | $816.9M | New | Q1 2025 |
| 13 | Carvana | CVNA | 2.3% | $811.1M | Split | Q3 2024 or earlier |
| 14 | Mcdonalds | MCD | 2.2% | $764.7M | −22% | Q3 2024 or earlier |
| 15 | BridgeBio Pharma | BBIO | 2.1% | $741.0M | −16% | Q3 2024 or earlier |

75 more positions and every quarter's holdings are on Valuepeg for members: https://valuepeg.com/managers/viking-global

## Other value investors
- Wedgewood Partners: https://valuepeg.com/managers/wedgewood-partners
- Weitz Investment Management: https://valuepeg.com/managers/weitz-investment-management
- Yacktman Asset Management: https://valuepeg.com/managers/yacktman-asset-management
- Abrams Capital: https://valuepeg.com/managers/abrams-capital
- AKO Capital: https://valuepeg.com/managers/ako-capital

## About this data
- **What is a 13F?** A quarterly report to the SEC in which an investment manager with over $100 million in US-listed stocks lists what it holds.
- **How current is it?** Managers file up to 45 days after each quarter ends, so the holdings may have changed since.
- **Whose figures are these?** The values are as the manager reported them in the filing, not today's prices. The SEC lets a manager keep some positions confidential for a time, and those are not in the filing.
- **What does it leave out?** Short positions, cash, bonds and most holdings outside US markets. Options are left out here too.

Not investment advice.