13F filing recap · Q1 2025

What did Viking Global Investors buy in Q1 2025?

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

Stock value

$31.48B

Positions

Estimated turnover

70.8%

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

METAMeta Platforms, Inc.$845.12Mreported value+1.47M shares COFCapital One Financial Corp$823.18Mreported value+4.59M shares CBChubb Limited$588.60Mreported value+1.95M shares SESea Limited$542.85Mreported value+4.16M shares TICTic Solutions, Inc.$382.08Mreported value+34.36M shares MCDMcdonald’s Corporation$359.36Mreported value+1.15M shares DBDeutsche Bank Aktiengesellschaft$356.41Mreported value+15.11M shares NKENike, Inc.$352.10Mreported value+5.55M shares CMGChipotle Mexican Grill, Inc.$301.59Mreported value+6.01M shares CORCencora, Inc.$296.95Mreported value+1.07M shares CCLCarnival Corporation Ltd.$242.34Mreported value+12.41M shares AJGArthur J. Gallagher & Co.$230.12Mreported value+666.6K shares MAAMid-America Apartment Communities, Inc.$187.80Mreported value+1.12M shares FSLRFirst Solar, Inc.$178.41Mreported value+1.41M shares PRMBPrimo Brands Corp$178.28Mreported value+5.02M shares DHID.r. Horton, Inc.$172.52Mreported value+1.36M shares LENLennar Corp /new/$155.13Mreported value+1.35M shares MTBM&T Bank Corporation$133.40Mreported value+746.3K shares DHRDanaher Corporation$92.56Mreported value+451.5K shares TSLATesla, Inc.$90.73Mreported value+350.1K shares RYANRyan Specialty Holdings, Inc.$70.61Mreported value+955.9K shares ASAmerican Sports, Inc.$62.93Mreported value+2.35M shares REGNRegeneron Pharmaceuticals, Inc.$61.99Mreported value+97.7K shares RACEFerrari N.v.$57.42Mreported value+135.4K shares MTSRMetsera Inc$44.00Mreported value+1.62M shares SIONSionna Therapeutics, Inc.$30.89Mreported value+2.95M shares SAILSailpoint, Inc.$18.94Mreported value+1.01M shares

Increased positions

USBUS Bancorp$1.47Breported value+10.42M shares+42.6%SCHWSchwab Charles Corp$1.39Breported value+3.06M shares+20.9%BACBank of America Corp$1.34Breported value+7.48M shares+30.3%UNHUnitedHealth Group Incorporated$1.12Breported value+237.3K shares

Reduced positions

INTUIntuit Inc.$1.05Breported value-12.5K shares-0.7%FTVFortive Corp$947.69Mreported value-243.2K shares-1.8%BBIOBridgebio Pharma, Inc.$762.45Mreported value-3.07M shares-12.2%VVisa Inc.$744.76Mreported value-1.37M shares

Exited positions

CMCSAComcast Corporation$743.81Mprior reported value-19.82M shares-100.0%GOOGLAlphabet Inc.$693.10Mprior reported value-3.66M shares-100.0%ADBEAdobe Inc.$549.04Mprior reported value-1.23M shares-100.0%SBUXStarbucks Corporation$487.65Mprior reported value-5.34M shares