Viking Global Investors portfolio Q2 2026 — 13F holdings, buys and sells

Viking Global Investors reported 90 US-listed positions worth $35.1B at the end of Q2 2026. The top three — Visa (6.25%), Taiwan Semiconductor Manufac (4.31%), Air Products And Chemicals I (3.96%) — make up 14.5% of the portfolio. Against Q1 2026 it opened 35 new positions, sold out of 22, added to 17 and trimmed 28.

$35.1BReported value

90Positions

35 / 22New / Sold out

New positions

35

Security	Ticker	Value ($)	Weight	Shares	vs prior quarter
FFerrari	—	817M	2.33%	2,204,309	New
Msci	MSCI	650M	1.85%	1,160,687	New
Union Pac	UNP	557M	1.59%	2,047,332	New
Digital Rlty Tr	DLR	415M	1.18%	2,310,475	New
CCarnival	—	409M	1.16%	14,299,953	New
CVS Health	CVS	379M	1.08%	3,663,361	New
Fedex Fght Hldg	FDXF	357M	1.02%	2,366,634	New
Morgan Stanley	MS	339M	0.97%	1,622,593	New
Qualcomm	QCOM	280M	0.80%	1,514,185	New
AAptiv	—	279M	0.80%	4,552,887	New
AAvalonbay Cmntys	—	253M	0.72%	1,339,782	New
Snowflake	SNOW	244M	0.70%	960,138	New
Equitable	EQH	237M	0.68%	5,398,896	New
Take-Two Interactive Softwar	TTWO	235M	0.67%	940,605	New
Space Exploration Techn	SPCX	205M	0.58%	1,200,000	New
Bce	BCE	181M	0.51%	8,383,278	New
US Foods Hldg	USFD	177M	0.51%	1,734,346	New
UUbs Group	—	121M	0.34%	2,435,805	New
Brightspring Health Svcs	BTSG	113M	0.32%	1,618,237	New
Natera	NTRA	106M	0.30%	390,694	New
DDeutsche Bk	—	85.0M	0.24%	2,510,554	New
Corebridge Finl	CRBG	76.7M	0.22%	2,679,371	New
Solaredge Technologies	SEDG	63.6M	0.18%	1,088,469	New
Bruker	BRKR	53.8M	0.15%	893,491	New
Cme Group	CME	33.8M	0.10%	152,980	New

Security

Ticker

Value ($)

Weight

Shares

vs prior quarter

FFerrari

—

817M

2.33%

2,204,309

New

Msci

MSCI

650M

1.85%

1,160,687

New

Union Pac

UNP

557M

1.59%

2,047,332

New

Digital Rlty Tr

DLR

415M

1.18%

2,310,475

New

CCarnival

—

409M

1.16%

14,299,953

New

CVS Health

CVS

379M

1.08%

3,663,361

New

Fedex Fght Hldg

FDXF

357M

1.02%

2,366,634

New

Morgan Stanley

MS

339M

0.97%

1,622,593

New

Qualcomm

QCOM

280M

0.80%

1,514,185

New

AAptiv

—

279M

0.80%

4,552,887

New

AAvalonbay Cmntys

—

253M

0.72%

1,339,782

New

Snowflake

SNOW

244M

0.70%

960,138

New

Equitable

EQH

237M

0.68%

5,398,896

New

Take-Two Interactive Softwar

TTWO

235M

0.67%

940,605

New

Space Exploration Techn

SPCX

205M

0.58%

1,200,000

New

Bce

BCE

181M

0.51%

8,383,278

New

US Foods Hldg

USFD

177M

0.51%

1,734,346

New

UUbs Group

—

121M

0.34%

2,435,805

New

Brightspring Health Svcs

BTSG

113M

0.32%

1,618,237

New

Natera

NTRA

106M

0.30%

390,694

New

DDeutsche Bk

—

85.0M

0.24%

2,510,554

New

Corebridge Finl

CRBG

76.7M

0.22%

2,679,371

New

Solaredge Technologies

SEDG

63.6M

0.18%

1,088,469

New

Bruker

BRKR

53.8M

0.15%

893,491

New

Cme Group

CME

33.8M

0.10%

152,980

New

Sold out

22

Security	Ticker	Value ($)	Weight	Shares	vs prior quarter
Apple	AAPL	912M	—	3,593,057	Sold out
Csx	CSX	767M	—	18,678,052	Sold out
Alphabet	GOOGL	689M	—	2,395,865	Sold out
Pnc Finl Svcs Group	PNC	630M	—	3,027,092	Sold out
T-Mobile US	TMUS	623M	—	2,967,374	Sold out
Hca Healthcare	HCA	509M	—	1,075,133	Sold out
Celestica	CLS	466M	—	1,654,989	Sold out
CCarnival	—	355M	—	13,721,348	Sold out
Progressive	PGR	320M	—	1,616,559	Sold out
American Intl Group	AIG	318M	—	4,221,223	Sold out
Api Group	APG	237M	—	5,837,000	Sold out
Cboe Global Mkts	CBOE	193M	—	688,417	Sold out
Gallagher Arthur J &	AJG	158M	—	727,441	Sold out
Lululemon Athletica	LULU	150M	—	980,568	Sold out
SStellantis N.V	—	112M	—	15,980,268	Sold out
Coreweave	CRWV	108M	—	1,397,438	Sold out
West Pharmaceutical Svsc	WST	105M	—	416,948	Sold out
Ralliant	RAL	88.8M	—	2,134,899	Sold out
Edwards Lifesciences	EW	87.9M	—	1,097,578	Sold out
Twilio	TWLO	56.7M	—	450,770	Sold out
Equipmentshare	EQPT	20.4M	—	1,000,000	Sold out
Forgent Power Solutions	FPS	19.0M	—	650,000	Sold out

Security

Ticker

Value ($)

Weight

Shares

vs prior quarter

Apple

AAPL

912M

—

3,593,057

Sold out

Csx

CSX

767M

—

18,678,052

Sold out

Alphabet

GOOGL

689M

—

2,395,865

Sold out

Pnc Finl Svcs Group

PNC

630M

—

3,027,092

Sold out

T-Mobile US

TMUS

623M

—

2,967,374

Sold out

Hca Healthcare

HCA

509M

—

1,075,133

Sold out

Celestica

CLS

466M

—

1,654,989

Sold out

CCarnival

—

355M

—

13,721,348

Sold out

Progressive

PGR

320M

—

1,616,559

Sold out

American Intl Group

AIG

318M

—

4,221,223

Sold out

Api Group

APG

237M

—

5,837,000

Sold out

Cboe Global Mkts

CBOE

193M

—

688,417

Sold out

Gallagher Arthur J &

AJG

158M

—

727,441

Sold out

Lululemon Athletica

LULU

150M

—

980,568

Sold out

SStellantis N.V

—

112M

—

15,980,268

Sold out

Coreweave

CRWV

108M

—

1,397,438

Sold out

West Pharmaceutical Svsc

WST

105M

—

416,948

Sold out

Ralliant

RAL

88.8M

—

2,134,899

Sold out

Edwards Lifesciences

EW

87.9M

—

1,097,578

Sold out

Twilio

TWLO

56.7M

—

450,770

Sold out

Equipmentshare

EQPT

20.4M

—

1,000,000

Sold out

Forgent Power Solutions

FPS

19.0M

—

650,000

Sold out

Added to

17

Security	Ticker	Value ($)	Weight	Shares	vs prior quarter
Visa	V	2.2B	6.25%	6,393,604	▲ 1%
Air Products And Chemicals I	APD	1.4B	3.96%	4,740,351	▲ 16%
Sherwin Williams	SHW	1.3B	3.80%	3,875,879	▲ 25%
Meta Platforms	META	1.1B	3.00%	1,867,619	▲ 76%
Thermo Fisher Scientific	TMO	971M	2.77%	1,937,415	▲ 16%
Jpmorgan Chase &	JPM	949M	2.71%	2,899,386	▲ 7%
Lennox Intl	LII	912M	2.60%	1,590,959	▲ 1%
Amazon	AMZN	882M	2.51%	3,700,862	▲ 210%
Boeing	BA	709M	2.02%	3,274,825	▲ 2%
Mid-Amer Apt Cmntys	MAA	701M	2.00%	5,043,318	▲ 5%
Fedex	FDX	674M	1.92%	2,151,983	▲ 11%
Waters	WAT	623M	1.78%	1,662,140	▲ 32%
Sea	SE	543M	1.55%	5,669,877	▲ 20%
Biomarin Pharmaceutical	BMRN	436M	1.24%	7,616,563	▲ 8%
Interactive Brokers Group In	IBKR	420M	1.20%	4,830,748	▲ 246%

Security

Ticker

Value ($)

Weight

Shares

vs prior quarter

Visa

V

2.2B

6.25%

6,393,604

▲ 1%

Air Products And Chemicals I

APD

1.4B

3.96%

4,740,351

▲ 16%

Sherwin Williams

SHW

1.3B

3.80%

3,875,879

▲ 25%

Meta Platforms

Trimmed

28

Security	Ticker	Value ($)	Weight	Shares	vs prior quarter
Taiwan Semiconductor Manufac	TSM	1.5B	4.31%	3,168,097	▼ 29%
Fortive	FTV	1.2B	3.47%	19,934,762	▼ 11%
Schwab Charles	SCHW	982M	2.80%	10,638,869	▼ 27%
Carvana	CVNA	811M	2.31%	12,322,311	▼ 11%
Mcdonalds	MCD	765M	2.18%	2,829,158	▼ 22%
Bridgebio Pharma	BBIO	741M	2.11%	9,949,219	▼ 16%
Disney Walt	DIS	689M	1.96%	7,158,406	▼ 46%
JJohnson Controls Internation	—	614M	1.75%	4,202,694	▼ 5%
Microsoft	MSFT	544M	1.55%	1,458,618	▼ 37%
Camden Ppty Tr	CPT	517M	1.47%	4,513,303	▼ 4%
Regal Rexnord	RRX	501M	1.43%	2,101,759	▼ 33%
General Mtrs	GM	386M	1.10%	5,005,833	▼ 45%
Intercontinental Exchange In	ICE	342M	0.97%	2,777,138	▼ 43%
Reddit	RDDT	272M	0.77%	1,565,518	▼ 39%
Hasbro	HAS	257M	0.73%	3,107,195	▼ 17%

Security

Ticker

Value ($)

Weight

Shares

vs prior quarter

Taiwan Semiconductor Manufac

TSM

1.5B

4.31%

3,168,097

▼ 29%

Fortive

FTV

1.2B

3.47%

19,934,762

▼ 11%

Schwab Charles

SCHW

982M

2.80%

10,638,869

▼ 27%

Carvana

CVNA

811M

2.31%

12,322,311

▼ 11%

Mcdonalds

MCD

765M

2.18%

2,829,158

▼ 22%

Bridgebio Pharma

BBIO

741M

2.11%

9,949,219

▼ 16%

Disney Walt

DIS

689M

1.96%

7,158,406

▼ 46%

JJohnson Controls Internation

—

614M

1.75%

4,202,694

▼ 5%

Microsoft

MSFT

544M

1.55%

1,458,618

▼ 37%

Camden Ppty Tr

CPT

517M

1.47%

4,513,303

▼ 4%

Regal Rexnord

RRX

501M

1.43%

2,101,759

▼ 33%

General Mtrs

GM

386M

1.10%

5,005,833

▼ 45%

Intercontinental Exchange In

ICE

342M

0.97%

2,777,138

▼ 43%

RDDT

272M

0.77%

1,565,518

▼ 39%

Hasbro

HAS

257M

0.73%

3,107,195

▼ 17%

All holdings

90

CSV ↓

Security	Ticker	Value ($)	Weight	Shares	vs prior quarter
Visa	V	2.2B	6.25%	6,393,604	▲ 1%
Taiwan Semiconductor Manufac	TSM	1.5B	4.31%	3,168,097	▼ 29%
Air Products And Chemicals I	APD	1.4B	3.96%	4,740,351	▲ 16%
Sherwin Williams	SHW	1.3B	3.80%	3,875,879	▲ 25%
Fortive	FTV	1.2B	3.47%	19,934,762	▼ 11%
Meta Platforms	META	1.1B	3.00%	1,867,619	▲ 76%
Schwab Charles	SCHW	982M	2.80%	10,638,869	▼ 27%
Thermo Fisher Scientific	TMO	971M	2.77%	1,937,415	▲ 16%
Jpmorgan Chase &	JPM	949M	2.71%	2,899,386	▲ 7%
Lennox Intl	LII	912M	2.60%	1,590,959	▲ 1%
Amazon	AMZN	882M	2.51%	3,700,862	▲ 210%
FFerrari	—	817M	2.33%	2,204,309	New
Carvana	CVNA	811M	2.31%	12,322,311	▼ 11%
Mcdonalds	MCD	765M	2.18%	2,829,158	▼ 22%
Bridgebio Pharma	BBIO	741M	2.11%	9,949,219	▼ 16%
Boeing	BA	709M	2.02%	3,274,825	▲ 2%
Mid-Amer Apt Cmntys	MAA	701M	2.00%	5,043,318	▲ 5%
Disney Walt	DIS	689M	1.96%	7,158,406	▼ 46%
Fedex	FDX	674M	1.92%	2,151,983	▲ 11%
Msci	MSCI	650M	1.85%	1,160,687	New
Adaptive Biotechnologies Cor	ADPT	643M	1.83%	29,993,708	–
Waters	WAT	623M	1.78%	1,662,140	▲ 32%
JJohnson Controls Internation	—	614M	1.75%	4,202,694	▼ 5%
Union Pac	UNP	557M	1.59%	2,047,332	New
Microsoft	MSFT	544M	1.55%	1,458,618	▼ 37%
Sea	SE	543M	1.55%	5,669,877	▲ 20%
Camden Ppty Tr	CPT	517M	1.47%	4,513,303	▼ 4%
Regal Rexnord	RRX	501M	1.43%	2,101,759	▼ 33%
Biomarin Pharmaceutical	BMRN	436M	1.24%	7,616,563	▲ 8%
Interactive Brokers Group In	IBKR	420M	1.20%	4,830,748	▲ 246%
Digital Rlty Tr	DLR	415M	1.18%	2,310,475	New
CCarnival	—	409M	1.16%	14,299,953	New
General Mtrs	GM	386M	1.10%	5,005,833	▼ 45%
AAon	—	382M	1.09%	1,151,269	▲ 6%
CVS Health	CVS	379M	1.08%	3,663,361	New
Fedex Fght Hldg	FDXF	357M	1.02%	2,366,634	New
Intercontinental Exchange In	ICE	342M	0.97%	2,777,138	▼ 43%
Morgan Stanley	MS	339M	0.97%	1,622,593	New
Home Depot	HD	325M	0.93%	920,595	▲ 83%
Tic Solutions	TIC	290M	0.83%	35,824,562	–
Qualcomm	QCOM	280M	0.80%	1,514,185	New
AAptiv	—	279M	0.80%	4,552,887	New
Reddit	RDDT	272M	0.77%	1,565,518	▼ 39%
Hasbro	HAS	257M	0.73%	3,107,195	▼ 17%
AAvalonbay Cmntys	—	253M	0.72%	1,339,782	New
Dicks Sporting Goods	DKS	251M	0.72%	1,106,134	▼ 13%
Snowflake	SNOW	244M	0.70%	960,138	New
Equitable	EQH	237M	0.68%	5,398,896	New
Take-Two Interactive Softwar	TTWO	235M	0.67%	940,605	New
Tesla	TSLA	230M	0.66%	547,816	▼ 78%
Ati	ATI	227M	0.65%	1,153,880	▼ 65%
RRoivant Sciences	—	222M	0.63%	6,271,467	▼ 6%
Space Exploration Techn	SPCX	205M	0.58%	1,200,000	New
AAmer Sports	—	201M	0.57%	5,954,351	▼ 18%
Veradermics	MANE	192M	0.55%	1,561,494	▼ 8%
Medline	MDLN	191M	0.54%	4,841,080	▼ 58%
Bce	BCE	181M	0.51%	8,383,278	New
US Foods Hldg	USFD	177M	0.51%	1,734,346	New
Oruka Therapeutics	ORKA	143M	0.41%	1,503,478	▼ 44%
NNewamsterdam Pharma	—	142M	0.41%	4,203,567	–
Sionna Therapeutics	SION	141M	0.40%	3,195,181	–
CChubb	—	129M	0.37%	377,312	▼ 71%
PPharvaris	—	126M	0.36%	3,653,310	–
UUbs Group	—	121M	0.34%	2,435,805	New
Brightspring Health Svcs	BTSG	113M	0.32%	1,618,237	New
Inhibrx Biosciences	INBX	106M	0.30%	1,123,929	▼ 22%
Natera	NTRA	106M	0.30%	390,694	New
DDeutsche Bk	—	85.0M	0.24%	2,510,554	New
Capital One Finl	COF	77.8M	0.22%	387,815	▼ 76%
Corebridge Finl	CRBG	76.7M	0.22%	2,679,371	New
Solaredge Technologies	SEDG	63.6M	0.18%	1,088,469	New
DDamora Therapeutics	—	60.1M	0.17%	2,311,082	–
Oric Pharmaceuticals	ORIC	55.5M	0.16%	5,126,762	▼ 12%
Bruker	BRKR	53.8M	0.15%	893,491	New
Standard Biotools	LAB	48.3M	0.14%	58,651,170	–
Ginkgo Bioworks	DNA	35.4M	0.10%	3,577,128	–
Cme Group	CME	33.8M	0.10%	152,980	New
Tradeweb Mkts	TW	31.3M	0.09%	314,222	New
Trevi Therapeutics	TRVI	28.8M	0.08%	1,544,644	▼ 52%
Infleqtion	INFQ	27.1M	0.08%	2,032,649	New
Artiva Biotherapeutics	ARTV	25.3M	0.07%	2,604,166	New
Quantinuum	QNT	25.0M	0.07%	306,123	New
Fervo Energy	FRVO	21.9M	0.06%	750,000	New
Altimmune	ALT	20.4M	0.06%	6,700,000	New
Toll Brothers	TOL	18.1M	0.05%	109,856	New
DDpc Holdings	—	15.0M	0.04%	306,123	New
X-Energy	XE	13.1M	0.04%	714,286	New
Azul	AZUL	12.1M	0.03%	1,349,734	New
Rallybio	RLYB	8.4M	0.02%	524,347	–
Pepgen	PEPG	6.3M	0.02%	3,482,434	–

Security

Ticker

Value ($)

Weight

Shares

vs prior quarter

Visa

V

2.2B

6.25%

6,393,604

▲ 1%

Taiwan Semiconductor Manufac

TSM

1.5B

4.31%

3,168,097

▼ 29%

Air Products And Chemicals I

APD

1.4B

3.96%

4,740,351

▲ 16%

Sherwin Williams

SHW

1.3B

3.80%

3,875,879

▲ 25%

Fortive

FTV

1.2B

3.47%

19,934,762

▼ 11%

Meta Platforms

META

1.1B

3.00%

1,867,619

▲ 76%

Schwab Charles

SCHW

982M

2.80%

10,638,869

▼ 27%

Thermo Fisher Scientific

TMO

971M

2.77%

1,937,415

▲ 16%

Jpmorgan Chase &

JPM

949M

2.71%

2,899,386

▲ 7%

Lennox Intl

LII

912M

2.60%

1,590,959

▲ 1%

Amazon

AMZN

882M

2.51%

3,700,862

▲ 210%

FFerrari

—

817M

2.33%

2,204,309

New

Carvana

CVNA

811M

2.31%

12,322,311

▼ 11%

Mcdonalds

MCD

765M

2.18%

2,829,158

▼ 22%

Bridgebio Pharma

BBIO

741M

2.11%

9,949,219

▼ 16%

Boeing

BA

709M

2.02%

3,274,825

▲ 2%

Mid-Amer Apt Cmntys

MAA

701M

2.00%

5,043,318

▲ 5%

Disney Walt

DIS

689M

1.96%

7,158,406

▼ 46%

Fedex

FDX

674M

1.92%

2,151,983

▲ 11%

Msci

MSCI

650M

1.85%

1,160,687

New

Adaptive Biotechnologies Cor

ADPT

643M

1.83%

29,993,708

–

Waters

WAT

623M

1.78%

1,662,140

▲ 32%

JJohnson Controls Internation

—

614M

1.75%

4,202,694

▼ 5%

Union Pac

UNP

557M

1.59%

2,047,332

New

Microsoft

MSFT

544M

1.55%

1,458,618

▼ 37%

Sea

SE

543M

1.55%

5,669,877

▲ 20%

Camden Ppty Tr

CPT

517M

1.47%

4,513,303

▼ 4%

Regal Rexnord

RRX

501M

1.43%

2,101,759

▼ 33%

Biomarin Pharmaceutical

BMRN

436M

1.24%

7,616,563

▲ 8%

Interactive Brokers Group In

IBKR

420M

1.20%

4,830,748

▲ 246%

Digital Rlty Tr

DLR

415M

1.18%

2,310,475

New

CCarnival

—

409M

1.16%

14,299,953

New

General Mtrs

GM

386M

1.10%

5,005,833

▼ 45%

AAon

—

382M

1.09%

1,151,269

▲ 6%

CVS Health

CVS

379M

1.08%

3,663,361

New

Fedex Fght Hldg

FDXF

357M

1.02%

2,366,634

New

Intercontinental Exchange In

ICE

342M

0.97%

2,777,138

▼ 43%

Morgan Stanley

MS

339M

0.97%

1,622,593

New

Home Depot

HD

325M

0.93%

920,595

▲ 83%

Tic Solutions

TIC

290M

0.83%

35,824,562

–

Qualcomm

QCOM

280M

0.80%

1,514,185

New

AAptiv

—

279M

0.80%

4,552,887

New

RDDT

272M

0.77%

1,565,518

▼ 39%

Hasbro

HAS

257M

0.73%

3,107,195

▼ 17%

AAvalonbay Cmntys

—

253M

0.72%

1,339,782

New

Dicks Sporting Goods

DKS

251M

0.72%

1,106,134

▼ 13%

Snowflake

SNOW

244M

0.70%

960,138

New

Equitable

EQH

237M

0.68%

5,398,896

New

Take-Two Interactive Softwar

TTWO

235M

0.67%

940,605

New

Tesla

TSLA

230M

0.66%

547,816

▼ 78%

Ati

ATI

227M

0.65%

1,153,880

▼ 65%

RRoivant Sciences

—

222M

0.63%

6,271,467

▼ 6%

Space Exploration Techn

SPCX

205M

0.58%

1,200,000

New

AAmer Sports

—

201M

0.57%

5,954,351

▼ 18%

Veradermics

MANE

192M

0.55%

1,561,494

▼ 8%

Medline

MDLN

191M

0.54%

4,841,080

▼ 58%

Bce

BCE

181M

0.51%

8,383,278

New

US Foods Hldg

USFD

177M

0.51%

1,734,346

New

Oruka Therapeutics

ORKA

143M

0.41%

1,503,478

▼ 44%

NNewamsterdam Pharma

—

142M

0.41%

4,203,567

–

Sionna Therapeutics

SION

141M

0.40%

3,195,181

–

CChubb

—

129M

0.37%

377,312

▼ 71%

PPharvaris

—

126M

0.36%

3,653,310

–

UUbs Group

—

121M

0.34%

2,435,805

New

Brightspring Health Svcs

BTSG

113M

0.32%

1,618,237

New

Inhibrx Biosciences

INBX

106M

0.30%

1,123,929

▼ 22%

Natera

NTRA

106M

0.30%

390,694

New

DDeutsche Bk

—

85.0M

0.24%

2,510,554

New

Capital One Finl

COF

77.8M

0.22%

387,815

▼ 76%

Corebridge Finl

CRBG

76.7M

0.22%

2,679,371

New

Solaredge Technologies

SEDG

63.6M

0.18%

1,088,469

New

DDamora Therapeutics

—

60.1M

0.17%

2,311,082

–

Oric Pharmaceuticals

ORIC

55.5M

0.16%

5,126,762

▼ 12%

Bruker

BRKR

53.8M

0.15%

893,491

New

Standard Biotools

LAB

48.3M

0.14%

58,651,170

–

Ginkgo Bioworks

DNA

35.4M

0.10%

3,577,128

–

Cme Group

CME

33.8M

0.10%

152,980

New

Tradeweb Mkts

TW

31.3M

0.09%

314,222

New

Trevi Therapeutics

TRVI

28.8M

0.08%

1,544,644

▼ 52%

Infleqtion

INFQ

27.1M

0.08%

2,032,649

New

Artiva Biotherapeutics

ARTV

25.3M

0.07%

2,604,166

New

Quantinuum

QNT

25.0M

0.07%

306,123

New

Fervo Energy

FRVO

21.9M

0.06%

750,000

New

Altimmune

ALT

20.4M

0.06%

6,700,000

New

Toll Brothers

TOL

18.1M

0.05%

109,856

New

DDpc Holdings

—

15.0M

0.04%

306,123

New

X-Energy

XE

13.1M

0.04%

714,286

New

Azul

AZUL

12.1M

0.03%

1,349,734

New

Rallybio

RLYB

8.4M

0.02%

524,347

–

Pepgen

PEPG

6.3M

0.02%

3,482,434

–

Top 10 holdings by weight · Q2 2026

If you had bought then

Q1 2026 → Q2 2026

Bought Viking Global Investors's top 10 holdings at the end of Q1 2026, in its weights, and they were +9.4% by the end of Q2 2026. The S&P 500 ETF (SPY) moved +14.8% over the same dates.

+9.4%Top 10, weighted

+14.8%S&P 500 (SPY)

-5.4%pDifference

Stock	Weight	Q1 2026 end	Q2 2026 end	Change
Visa	15.3%	$302.24	$343.09	+13.5%
Taiwan Semiconductor Manufac	12.1%	$337.95	$477.57	+41.3%
Schwab Charles	11.0%	$93.98	$92.27	-1.8%
Disney Walt	10.3%	$96.38	$96.25	-0.1%
Fortive	9.96%	$55.28	$61.09	+10.5%
Air Products And Chemicals I	9.55%	$290.49	$293.18	+0.9%
Mcdonalds	9.03%	$310.79	$270.31	-13.0%
Sherwin Williams	8.00%	$320.55	$344.32	+7.4%
Tesla	7.43%	$371.75	$420.60	+13.1%
Apple	7.31%	$253.79	$289.36	+14.0%

Prices are the quarter-end values reported in 13F filings (value ÷ shares, median across tracked filers), adjusted for confirmed splits; dividends excluded. 13F shows only quarter-end holdings, so this is not the investor's actual return. Past performance does not indicate future results.

Questions

What is Viking Global Investors's largest holding?

Visa, 6.25% of reported US holdings ($2.2B) at the end of Q2 2026.

What did Viking Global Investors buy last quarter?

35 new positions, largest: Ferrari, Msci, Union Pac.

What did Viking Global Investors sell out of?

22 positions, including Apple, Csx, Alphabet.

How current is this data?

It is Viking Global Investors's Form 13F for the quarter ending 2026-06-30, filed 2026-08-14. 13F filings are due 45 days after quarter end and list US-listed long positions only.