13F filing recap · Q1 2014

What did Viking Global Investors buy in Q1 2014?

Reported stock-position changes between this filing and the previous one.

Stock value

$23.84B

Positions

Estimated turnover

66.8%

Turnover is a proxy: verified trade-origin share changes valued at period-end and divided by average reported stock value. SEC holdings reports do not disclose execution dates or prices. Corporate actions and unreconciled activity are excluded.

New positions

REGNRegeneron Pharmaceuticals, Inc.$315.83Mreported value+1.05M shares PXDPioneer Natural Resources Co$306.45Mreported value+1.64M shares WDAYWorkday, Inc.$285.59Mreported value+3.12M shares ADSKAutodesk, Inc.$281.88Mreported value+5.73M shares KSUKansas City Southern$187.55Mreported value+1.84M shares SLXPSalix Pharmaceuticals Ltd$160.78Mreported value+1.55M shares ICPTIntercept Pharmaceuticals Inc$150.03Mreported value+454.9K shares USBUS Bancorp$148.68Mreported value+3.47M shares ZNGAZynga Inc$122.35Mreported value+28.45M shares PCLNBooking Holdings Inc$120.76Mreported value+101.3K shares BIIBBiogen Inc.$118.95Mreported value+388.9K shares YHOOAltaba Inc.$108.21Mreported value+3.01M shares MYLMylan N.v.$86.73Mreported value+1.78M shares VOYAVoya Financial, Inc.$66.51Mreported value+1.83M shares NRFNorthstar Realty Finance Corp.$58.34Mreported value+3.61M shares NXPINxp Semiconductors N.v.$52.53Mreported value+893.2K shares CMECme Group Inc.$41.33Mreported value+558.3K shares STTState Street Corporation$40.09Mreported value+576.4K shares HPHelmerich & Payne, Inc.$32.17Mreported value+299.1K shares QIHUQihoo 360 Technology Co Ltd$32.05Mreported value+321.9K shares CTXSCitrix Systems Inc$10.34Mreported value+180.0K shares

Increased positions

WAGWalgreen Co.$1.59Breported value+12.50M shares+107.7%TWXTime Warner Inc$1.41Breported value+8.22M shares+61.3%ILMNIllumina, Inc.$1.32Breported value+7.17M shares+422.5%VRXValeant Pharmaceuticals International, Inc.$1.23Breported value+967.1K shares

Reduced positions

TMOThermo Fisher Scientific Inc.$1.16Breported value-707.0K shares-6.8%COFCapital One Financial Corp$841.08Mreported value-1.74M shares-13.7%VLOValero Energy Corp/tx$644.20Mreported value-3.80M shares-23.9%KORSCapri Holdings Ltd$622.01Mreported value-1.67M shares

Exited positions

DHRDanaher Corporation$475.50Mprior reported value-6.16M shares-100.0%DISWalt Disney Co/$458.12Mprior reported value-6.00M shares-100.0%CXCemex S.a.b. De C.v.$389.10Mprior reported value-32.89M shares-100.0%NUSNu Skin Enterprises, Inc.$291.60Mprior reported value-2.11M shares