Viking Global Investors

13F filer

5% stake reports: 40
5% stake stocks: 21
Latest report: 26/09/16

How this fund invests

Holdings of 06/30 · reported 08/14

Top 10 share: 35.7%; of 90 positions
Turnover this quarter: 63.3%; 35 new · 22 sold out
Share in stocks Koreans hold: 12.6%; 6 of the Korean top list

Largest weight increases

Ferrari N V+2.3%p0.0% → 2.3%
MSCI+1.9%p0.0% → 1.9%
Amazon AMZN+1.8%p0.7% → 2.5%

Largest weight cuts

Apple AAPL−2.5%p2.5% → 0.0%
CSX−2.1%p2.1% → 0.0%
Tesla TSLA−1.9%p2.6% → 0.7%

13F holdings

06/30 holdings · reported 08/14

Portfolio value: $35.1B
Stocks: 90
Quarters on file: 3

Stock	Shares		Weight
Visa V	6,393,604 sh	$2.2B6.3%	6.3%	Added +1.0%
Taiwan Semiconductor Manufacturing TSM	3,168,097 sh	$1.5B4.3%	4.3%	Trimmed −29.0%
Air Products & Chemicals APD	4,740,351 sh	$1.4B4.0%	4.0%	Added +15.5%
Sherwin Williams SHW	3,875,879 sh	$1.3B3.8%	3.8%	Added +24.5%
Fortive FTV	19,934,762 sh	$1.2B3.5%	3.5%	Trimmed −11.3%
Meta Platforms META	1,867,619 sh	$1.1B3.0%	3.0%	Added +75.8%
Schwab Charles SCHW	10,638,869 sh	$981.6M2.8%	2.8%	Trimmed −27.5%
Thermo Fisher Scientific TMO	1,937,415 sh	$971.3M2.8%	2.8%	Added +16.2%
Jpmorgan Chase JPM	2,899,386 sh	$949.1M2.7%	2.7%	Added +7.2%
Lennox International LII	1,590,959 sh	$911.5M2.6%	2.6%	Added +1.2%
Amazon AMZN	3,700,862 sh	$882.1M2.5%	2.5%	Added +209.6%
Ferrari N VNot in the listed company registry	2,204,309 sh	$816.9M2.3%	2.3%	New position
Carvana CVNA	12,322,311 sh	$811.1M2.3%	2.3%	Added +343.2%
McDonalds MCD	2,829,158 sh	$764.7M2.2%	2.2%	Trimmed −22.0%
BridgeBio Pharma BBIO	9,949,219 sh	$741M2.1%	2.1%	Trimmed −16.0%
Boeing BA	3,274,825 sh	$708.9M2.0%	2.0%	Added +2.5%
Mid America Apartment Communities MAA	5,043,318 sh	$700.7M2.0%	2.0%	Added +5.1%
Walt Disney DIS	7,158,406 sh	$689M2.0%	2.0%	Trimmed −46.2%
Fedex FDX	2,151,983 sh	$673.9M1.9%	1.9%	Added +11.4%
MSCI	1,160,687 sh	$650M1.9%	1.9%	New position

Recent moves

Viking Global Investors
Full saleApple
Full sale
Apple
AAPL
est. $911.9M
3,593,057 sh
est. $911.9M
Reported 08/14
06/30 holdings
Viking Global Investors
Full saleAlphabet
Full sale
Alphabet
GOOGL
est. $689M
2,395,865 sh
est. $689M
Reported 08/14
06/30 holdings
Viking Global Investors
SellTesla
Sell
Tesla
TSLA
est. $818.4M
1,945,745 sh
est. $818.4M
Reported 08/14
06/30 holdings
Viking Global Investors
BuyAmazon
Buy
Amazon
AMZN
est. $597.1M
2,505,434 sh
est. $597.1M
Reported 08/14
06/30 holdings
Viking Global Investors
BuyMeta Platforms
Buy
Meta Platforms
META
est. $453.5M
805,044 sh
est. $453.5M
Reported 08/14
06/30 holdings
Viking Global Investors
SellTaiwan Semiconductor Manufacturing
Sell
Taiwan Semiconductor Manufacturing
TSM
est. $619.4M
1,297,030 sh
est. $619.4M
Reported 08/14
06/30 holdings
Viking Global Investors
SellMicrosoft
Sell
Microsoft
MSFT
est. $317.4M
850,828 sh
est. $317.4M
Reported 08/14
06/30 holdings
Viking Global Investors
Full saleT-Mobile US
Full sale
T-Mobile US
TMUS
est. $623.2M
2,967,374 sh
est. $623.2M
Reported 08/14
06/30 holdings
Viking Global Investors
BuyMSCI
Buy
MSCI
MSCI
est. $650M
1,160,687 sh
est. $650M
Reported 08/14
06/30 holdings
Viking Global Investors
BuyCVS Health
Buy
CVS Health
CVS
est. $379M
3,663,361 sh
est. $379M
Reported 08/14
06/30 holdings
Viking Global Investors
SellMcDonalds
Sell
McDonalds
MCD
est. $215.1M
795,871 sh
est. $215.1M
Reported 08/14
06/30 holdings
Viking Global Investors
SellGeneral Motors
Sell
General Motors
GM
est. $321.5M
4,171,110 sh
est. $321.5M
Reported 08/14
06/30 holdings
Viking Global Investors
SellWalt Disney
Sell
Walt Disney
DIS
est. $591M
6,140,056 sh
est. $591M
Reported 08/14
06/30 holdings
Viking Global Investors
BuyDigital Realty Trust
Buy
Digital Realty Trust
DLR
est. $414.9M
2,310,475 sh
est. $414.9M
Reported 08/14
06/30 holdings
Viking Global Investors
BuyUnion Pacific
Buy
Union Pacific
UNP
est. $556.9M
2,047,332 sh
est. $556.9M
Reported 08/14
06/30 holdings
Viking Global Investors
Full saleHCA Healthcare
Full sale
HCA Healthcare
HCA
est. $508.8M
1,075,133 sh
est. $508.8M
Reported 08/14
06/30 holdings
Viking Global Investors
SellSchwab Charles
Sell
Schwab Charles
SCHW
est. $371.5M
4,026,085 sh
est. $371.5M
Reported 08/14
06/30 holdings
Viking Global Investors
Full saleCSX
Full sale
CSX
CSX
est. $766.7M
18,678,052 sh
est. $766.7M
Reported 08/14
06/30 holdings
Viking Global Investors
BuyFedEx Freight Holding Company
Buy
FedEx Freight Holding Company
FDXF
est. $357.4M
2,366,634 sh
est. $357.4M
Reported 08/14
06/30 holdings
Viking Global Investors
Full salePNC Financial Services Group
Full sale
PNC Financial Services Group
PNC
est. $629.9M
3,027,092 sh
est. $629.9M
Reported 08/14
06/30 holdings

5% stake reports

	Stock			Kind
09/16	Regal Rexnord RRX09/16	5.4%3,578,745 sh	+0.4pp	13G passive
08/14	Oruka Therapeutics ORKA08/14	2.5%1,503,478 sh	−2.8pp	13G passiveAmendment
07/10	BridgeBio Pharma BBIO07/10	5%9,792,219 sh	−1.1pp	13DAmendment
06/12	Standard Biotools LAB06/12	15%58,651,170 sh	+0.0pp	13D
05/18	Artiva Biotherapeutics ARTV05/18	5.4%2,604,166 sh	First report	13G passive
05/15	Oric Pharmaceuticals ORIC05/15	7.8%8,264,607 sh	−2.2pp	13G passiveAmendment
05/15	TIC Solutions TIC05/15	16.2%35,824,562 sh	−12.1pp	13G passiveAmendment
05/15	Veradermics MANE05/15	4.5%1,690,555 sh	−1.3pp	13G passiveAmendment
05/15	Chewy CHWY05/15	0%0 sh	−5.7pp	13G passiveAmendment
05/01	Altimmune ALT05/01	6.7%13,400,000 sh	First report	13G passive
04/22	Lennox International LII04/22	5.2%1,815,350 sh	First report	13G passive
04/02	BridgeBio Pharma BBIO04/02	6.1%11,842,434 sh	−0.7pp	13DAmendment
02/17	BridgeBio Pharma BBIO02/17	6.8%13,026,367 sh	−1.4pp	13DAmendment
02/17	Primo Brands PRMB02/17	0%0 sh	−5.3pp	13G passiveAmendment
02/17	Saia02/17	4.1%1,088,582 sh	−0.9pp	13G passiveAmendment
02/17	NewAmsterdam Pharma NAMS02/17	3.7%4,203,567 sh	−2.8pp	13G passiveAmendment
02/12	Veradermics MANE02/12	5.8%2,151,493 sh	First report	13G passive
01/13	Regal Rexnord RRX01/13	4.97%3,301,545 sh	+0.3pp	13G passive
25/12/30	Chewy CHWY25/12/30	5.7%13,536,645 sh	First report	13G passive
25/11/14	Trevi Therapeutics TRVI25/11/14	4.2%5,128,875 sh	−1.7pp	13G passiveAmendment