管理人记录 · ✦ 精选 · 已归档季度

Viking Global Investors

Founded by Andreas Halvorsen · Stamford, CT · CIK 1103804 · EDGAR 文件 ↗

Fundamental long/short equity.

Q2 2026 Q1 2026 Q4 2025 Q3 2025 Q2 2025 Q1 2025 Q4 2024 Q3 2024 Q2 2024 差异 ⇄

$37.68B13F报告持仓市值

76持仓明细

34.7%前十大权重

46.50有效持仓

28.6%预计换手率

+21新增

−23清仓

申报的13F投资组合价值仅涵盖美国应申报多头仓位，不含现金、债券、空头仓位或非美国持仓，不等同于管理规模。

各季度报告持仓市值 Q2 2024 → Q2 2026

板块敞口

金融服务 23.8% (-3.3pp)

可选消费 20.1% (+3.8pp)

科技 15.5% (+2.4pp)

医疗保健 12.7% (-0.5pp)

工业 8.7% (+1.0pp)

基础材料 7.8% (+0.6pp)

通信服务 7.7% (-0.9pp)

房地产 3.7% (+0.8pp)

占已申报普通股权益价值的比例；（±pp）较上一季度。

持仓组合 · Q4 2025

#	证券	权重	价值	股份	Δ股份		持有
1	MSFT Microsoft Corporation	4.1%	$1.56B	3.22M	+32.5%	▲ Add	2
2	PNC The PNC Financial Services…	4.0%	$1.52B	7.29M	-8.4%	▼ Trim	3
3	TSM Taiwan Semiconductor…	4.0%	$1.49B	4.91M	+24.6%	▲ Add	5
4	V Visa Inc.	3.7%	$1.40B	3.98M	+37.5%	▲ Add	6
5	SCHW The Charles Schwab…	3.7%	$1.39B	13.87M	-16.3%	▼ Trim	6
6	DIS The Walt Disney Company	3.4%	$1.27B	11.19M	+7.1%	▲ Add	3
7	APD Air Products and Chemicals…	3.1%	$1.18B	4.78M	+30.4%	▲ Add	3
8	MCD McDonald's Corporation	2.9%	$1.11B	3.62M	+7.2%	▲ Add	4
9	BBIO BridgeBio Pharma, Inc.	2.9%	$1.10B	14.39M	-9.9%	▼ Trim	7
10	FTV Fortive Corporation	2.8%	$1.06B	19.23M	-6.1%	▼ Trim	7
11	SHW The Sherwin-Williams Company	2.7%	$1.03B	3.17M	+10.1%	▲ Add	7
12	BA The Boeing Company	2.3%	$858.29M	3.95M	+31.3%	▲ Add	5
13	GOOGL Alphabet Inc.	2.2%	$834.54M	2.67M	新增	New	1
14	AMD Advanced Micro Devices, Inc.	2.1%	$801.43M	3.74M	-10.5%	▼ Trim	3
15	ICE Intercontinental Exchange…	2.1%	$777.93M	4.80M	新增	New	1
16	TSLA Tesla, Inc.	2.0%	$764.41M	1.70M	+5.6%	▲ Add	4
17	TMUS T-Mobile US, Inc.	2.0%	$762.26M	3.75M	+15.1%	▲ Add	7
18	AMZN Amazon.com, Inc.	1.9%	$721.73M	3.13M	新增	New	1
19	COF Capital One Financial…	1.9%	$715.52M	2.95M	-60.0%	▼ Trim	4
20	JCI Johnson Controls…	1.9%	$708.77M	5.92M	-12.9%	▼ Trim	3
21	DKNG DraftKings Inc.	1.7%	$658.87M	19.12M	+27.4%	▲ Add	2
22	JPM JPMorgan Chase & Co.	1.6%	$614.15M	1.91M	-62.3%	▼ Trim	7
23	ROST Ross Stores, Inc.	1.5%	$570.59M	3.17M	+56.5%	▲ Add	5
24	GM General Motors Company	1.5%	$553.47M	6.81M	-47.8%	▼ Trim	5
25	MAA Mid-America Apartment…	1.4%	$538.98M	3.88M	+46.7%	▲ Add	2
26	CPT Camden Property Trust	1.4%	$524.48M	4.76M	+23.9%	▲ Add	7
27	DKS DICK'S Sporting Goods, Inc.	1.4%	$509.37M	2.57M	新增	New	1
28	CLS Celestica Inc.	1.3%	$502.31M	1.70M	-1.4%	▼ Trim	2
29	CSX CSX Corporation	1.3%	$500.89M	13.82M	-13.4%	▼ Trim	7
30	ADPT Adaptive Biotechnologies…	1.3%	$487.10M	29.99M	0.0%	Held	7
31	SE Sea Limited	1.2%	$468.38M	3.67M	+20.8%	▲ Add	4
32	HCA HCA Healthcare, Inc.	1.2%	$466.48M	999.18K	-27.6%	▼ Trim	7
33	TMO Thermo Fisher Scientific…	1.2%	$459.61M	793.19K	新增	New	1
34	RRX Regal Rexnord Corporation	1.2%	$452.38M	3.22M	+3.2%	▲ Add	7
35	CVNA Carvana Co.	1.2%	$447.99M	1.06M	-49.5%	▼ Trim	7
36	CHWY Chewy, Inc.	1.2%	$447.39M	13.54M	+146.8%	▲ Add	2
37	APG APi Group Corporation	1.2%	$441.43M	11.54M	-6.2%	▼ Trim	7
38	STLA Stellantis N.V.	1.2%	$434.32M	39.06M	新增	New	1
39	CCL Carnival Corporation & plc	1.1%	$429.45M	14.06M	新增	New	1
40	UBS UBS Group AG	1.1%	$425.96M	9.13M	-30.3%	▼ Trim	3
41	UNH UnitedHealth Group…	1.0%	$395.23M	1.20M	新增	New	1
42	BMRN BioMarin Pharmaceutical Inc.	1.0%	$358.78M	6.04M	-27.5%	▼ Trim	7
43	SAIA Saia, Inc.	0.9%	$355.44M	1.09M	-21.3%	▼ Trim	3
44	TIC TIC Solutions, Inc.	0.9%	$347.38M	34.36M	0.0%	Held	4
45	CB Chubb Limited	0.8%	$316.44M	1.01M	新增	New	1
46	PGR The Progressive Corporation	0.8%	$303.22M	1.33M	新增	New	1
47	LII Lennox International Inc.	0.8%	$301.70M	621.31K	新增	New	1
48	TW Tradeweb Markets Inc.	0.8%	$297.74M	2.77M	新增	New	1
49	MDLN Medline Inc.	0.8%	$292.28M	6.96M	新增	New	1
50	AON Aon plc	0.7%	$276.53M	783.65K	-44.6%	▼ Trim	2
51	AJG Arthur J. Gallagher & Co.	0.7%	$269.39M	1.04M	新增	New	1
52	BAC Bank of America Corporation	0.7%	$247.20M	4.49M	-60.9%	▼ Trim	6
53	BSX Boston Scientific…	0.6%	$239.31M	2.51M	-5.0%	▼ Trim	6
54	DLR Digital Realty Trust, Inc.	0.6%	$233.30M	1.51M	新增	New	1
55	LOW Lowe's Companies, Inc.	0.6%	$219.95M	912.04K	新增	New	1
56	FIG Figma, Inc.	0.6%	$214.97M	5.75M	新增	New	1
57	ITUB Itaú Unibanco Holding S.A.	0.5%	$203.32M	28.40M	新增	New	1
58	AS Amer Sports, Inc.	0.5%	$179.81M	4.81M	-24.1%	▼ Trim	4
59	RAL Ralliant Corp	0.4%	$161.01M	3.16M	-37.8%	▼ Trim	3
60	RIOT Riot Platforms, Inc.	0.4%	$157.47M	12.43M	新增	New	1
61	NEWAMSTERDAM PHARMA COMPANY (未映射)	n/a	$147.46M	4.20M	n/a		n/a
62	ROIV Roivant Sciences Ltd.	0.4%	$139.82M	6.44M	-72.7%	▼ Trim	7
63	IQV IQVIA Holdings Inc.	0.4%	$139.58M	619.24K	新增	New	1
64	SION Sionna Therapeutics, Inc.	0.3%	$131.45M	3.20M	0.0%	Held	4
65	INBX Inhibrx Biosciences Inc.	0.3%	$113.58M	1.44M	-19.6%	▼ Trim	7
66	PHARVARIS N V (未映射)	n/a	$101.38M	3.65M	n/a		n/a
67	CSGP CoStar Group, Inc.	0.3%	$97.00M	1.44M	-22.0%	▼ Trim	3
68	WST West Pharmaceutical…	0.2%	$81.17M	295.03K	新增	New	1
69	ORKA Oruka Therapeutics, Inc.	0.2%	$80.83M	2.67M	0.0%	Held	2
70	LAB Standard BioTools Inc.	0.2%	$75.07M	58.65M	0.0%	Held	7
71	MASI Masimo Corporation	0.2%	$66.90M	514.34K	-52.1%	▼ Trim	3
72	ORIC ORIC Pharmaceuticals, Inc.	0.1%	$53.76M	6.57M	0.0%	▼ Trim	7
73	TRVI Trevi Therapeutics, Inc.	0.1%	$40.05M	3.20M	-37.6%	▼ Trim	7
74	DNA Ginkgo Bioworks Holdings…	0.1%	$29.73M	3.58M	0.0%	Held	7
75	PEPG PEPGEN INC	0.1%	$22.67M	3.48M	0.0%	Held	7
76	RLYB RALLYBIO CORP	0.0%	$2.88M	4.19M	0.0%	Held	7

仅含普通股（SH）持仓；期权行显示于"期权"标签页，且不作净额处理。✂ = 变动基于拆股调整后的前期持股数计算。"持有 N+ 季度"= 在我们的数据窗口内每季度均有持仓，实际持有时间可能更长。

证券	股份	上期	变动	价值	权重
GOOGL Alphabet Inc.	2.67M	n/a	新增	$834.54M	2.2%
ICE Intercontinental…	4.80M	n/a	新增	$777.93M	2.1%
AMZN Amazon.com, Inc.	3.13M	n/a	新增	$721.73M	1.9%
DKS DICK'S Sporting Goods…	2.57M	n/a	新增	$509.37M	1.4%
TMO Thermo Fisher…	793.19K	n/a	新增	$459.61M	1.2%
STLA Stellantis N.V.	39.06M	n/a	新增	$434.32M	1.2%
CCL Carnival Corporation &…	14.06M	n/a	新增	$429.45M	1.1%
UNH UnitedHealth Group…	1.20M	n/a	新增	$395.23M	1.0%
CB Chubb Limited	1.01M	n/a	新增	$316.44M	0.8%
PGR The Progressive…	1.33M	n/a	新增	$303.22M	0.8%
LII Lennox International…	621.31K	n/a	新增	$301.70M	0.8%
TW Tradeweb Markets Inc.	2.77M	n/a	新增	$297.74M	0.8%
MDLN Medline Inc.	6.96M	n/a	新增	$292.28M	0.8%
AJG Arthur J. Gallagher &…	1.04M	n/a	新增	$269.39M	0.7%
DLR Digital Realty Trust…	1.51M	n/a	新增	$233.30M	0.6%
LOW Lowe's Companies, Inc.	912.04K	n/a	新增	$219.95M	0.6%
FIG Figma, Inc.	5.75M	n/a	新增	$214.97M	0.6%
ITUB Itaú Unibanco Holding…	28.40M	n/a	新增	$203.32M	0.5%
RIOT Riot Platforms, Inc.	12.43M	n/a	新增	$157.47M	0.4%
IQV IQVIA Holdings Inc.	619.24K	n/a	新增	$139.58M	0.4%
WST West Pharmaceutical…	295.03K	n/a	新增	$81.17M	0.2%

证券	股份	上期	变动	价值	权重	连续记录
MSFT Microsoft Corporation	3.22M	2.43M	+32.5%	$1.56B	4.1%	●●○○○○
TSM Taiwan Semiconductor…	4.91M	3.94M	+24.6%	$1.49B	4.0%
V Visa Inc.	3.98M	2.90M	+37.5%	$1.40B	3.7%	●●○○○○
DIS The Walt Disney Company	11.19M	10.45M	+7.1%	$1.27B	3.4%	●●●○○○
APD Air Products and…	4.78M	3.67M	+30.4%	$1.18B	3.1%	●●●○○○
MCD McDonald's Corporation	3.62M	3.37M	+7.2%	$1.11B	2.9%	●●●●○○
SHW The Sherwin-Williams…	3.17M	2.88M	+10.1%	$1.03B	2.7%	●●●●○○
BA The Boeing Company	3.95M	3.01M	+31.3%	$858.29M	2.3%	●●○○○○
TMUS T-Mobile US, Inc.	3.75M	3.26M	+15.1%	$762.26M	2.0%	●●●●○○
TSLA Tesla, Inc.	1.70M	1.61M	+5.6%	$764.41M	2.0%	●●●●○○
DKNG DraftKings Inc.	19.12M	15.00M	+27.4%	$658.87M	1.7%	●●○○○○
ROST Ross Stores, Inc.	3.17M	2.02M	+56.5%	$570.59M	1.5%
SE Sea Limited	3.67M	3.04M	+20.8%	$468.38M	1.2%
MAA Mid-America Apartment…	3.88M	2.65M	+46.7%	$538.98M	1.4%	●●○○○○
CPT Camden Property Trust	4.76M	3.85M	+23.9%	$524.48M	1.4%	●●○○○○
RRX Regal Rexnord…	3.22M	3.12M	+3.2%	$452.38M	1.2%
CHWY Chewy, Inc.	13.54M	5.48M	+146.8%	$447.39M	1.2%	●●○○○○

证券	股份	上期	变动	价值	权重	连续记录
PNC The PNC Financial…	7.29M	7.96M	-8.4%	$1.52B	4.0%
JPM JPMorgan Chase & Co.	1.91M	5.06M	-62.3%	$614.15M	1.6%
SCHW The Charles Schwab…	13.87M	16.58M	-16.3%	$1.39B	3.7%
COF Capital One Financial…	2.95M	7.39M	-60.0%	$715.52M	1.9%
BBIO BridgeBio Pharma, Inc.	14.39M	15.98M	-9.9%	$1.10B	2.9%	●●●●○○
FTV Fortive Corporation	19.23M	20.48M	-6.1%	$1.06B	2.8%
AMD Advanced Micro Devices…	3.74M	4.18M	-10.5%	$801.43M	2.1%
GM General Motors Company	6.81M	13.03M	-47.8%	$553.47M	1.5%
CVNA Carvana Co.	1.06M	2.10M	-49.5%	$447.99M	1.2%
JCI Johnson Controls…	5.92M	6.80M	-12.9%	$708.77M	1.9%
BAC Bank of America…	4.49M	11.50M	-60.9%	$247.20M	0.7%	●●●○○○
HCA HCA Healthcare, Inc.	999.18K	1.38M	-27.6%	$466.48M	1.2%	●●○○○○
CSX CSX Corporation	13.82M	15.95M	-13.4%	$500.89M	1.3%	●●○○○○
UBS UBS Group AG	9.13M	13.10M	-30.3%	$425.96M	1.1%
AON Aon plc	783.65K	1.41M	-44.6%	$276.53M	0.7%
CLS Celestica Inc.	1.70M	1.72M	-1.4%	$502.31M	1.3%
BMRN BioMarin Pharmaceutical…	6.04M	8.32M	-27.5%	$358.78M	1.0%	●●○○○○
APG APi Group Corporation	11.54M	12.31M	-6.2%	$441.43M	1.2%	●●●○○○
SAIA Saia, Inc.	1.09M	1.38M	-21.3%	$355.44M	0.9%
ROIV Roivant Sciences Ltd.	6.44M	23.59M	-72.7%	$139.82M	0.4%	●●●●●●
BSX Boston Scientific…	2.51M	2.64M	-5.0%	$239.31M	0.6%	●●○○○○
RAL Ralliant Corp	3.16M	5.08M	-37.8%	$161.01M	0.4%	●●○○○○
AS Amer Sports, Inc.	4.81M	6.34M	-24.1%	$179.81M	0.5%
MASI Masimo Corporation	514.34K	1.07M	-52.1%	$66.90M	0.2%
CSGP CoStar Group, Inc.	1.44M	1.85M	-22.0%	$97.00M	0.3%	●●○○○○
INBX Inhibrx Biosciences Inc.	1.44M	1.79M	-19.6%	$113.58M	0.3%
ORIC ORIC Pharmaceuticals…	6.57M	6.57M	0.0%	$53.76M	0.1%
TRVI Trevi Therapeutics, Inc.	3.20M	5.13M	-37.6%	$40.05M	0.1%

证券	股份	上期	变动	价值	权重
BLK BlackRock, Inc.	n/a	619.49K	退出	$722.25M	1.9%
PM Philip Morris…	n/a	4.43M	退出	$717.92M	1.9%
META Meta Platforms, Inc.	n/a	929.00K	退出	$682.24M	1.8%
NKE NIKE, Inc.	n/a	9.00M	退出	$627.33M	1.6%
NFLX Netflix, Inc.	n/a	500.81K	退出	$600.43M	1.6%
COR Cencora, Inc.	n/a	1.78M	退出	$555.72M	1.4%
DHR Danaher Corporation	n/a	2.75M	退出	$545.46M	1.4%
PRMB Primo Brands Corporation	n/a	23.03M	退出	$509.05M	1.3%
KKR KKR & Co. Inc.	n/a	2.71M	退出	$352.04M	0.9%
CMG Chipotle Mexican Grill…	n/a	6.64M	退出	$260.09M	0.7%
EW Edwards Lifesciences…	n/a	3.07M	退出	$238.69M	0.6%
DB Deutsche Bank AG	n/a	6.10M	退出	$214.59M	0.6%
CBRE CBRE Group, Inc.	n/a	1.21M	退出	$190.65M	0.5%
INTU Intuit Inc.	n/a	264.14K	退出	$180.38M	0.5%
DECK Deckers Outdoor…	n/a	1.73M	退出	$175.06M	0.5%
FSLR First Solar, Inc.	n/a	768.00K	退出	$169.37M	0.4%
APP AppLovin Corporation	n/a	162.53K	退出	$116.78M	0.3%
RYAN Ryan Specialty…	n/a	1.93M	退出	$109.05M	0.3%
ITGR Integer Holdings…	n/a	1.02M	退出	$105.91M	0.3%
TEVA Teva Pharmaceutical…	n/a	2.53M	退出	$51.15M	0.1%
STUB StubHub Holdings, Inc.	n/a	2.04M	退出	$34.37M	0.1%
CART Maplebear Inc.	n/a	832.86K	退出	$30.62M	0.1%
ESTA Establishment Labs…	n/a	343.46K	退出	$14.08M	0.0%

持仓持有时长

210–1 季度

242–4 季度

295–8 季度

当前各持仓在我们数据窗口内已连续报告的季度数。

相似管理人

管理人	共同持仓	名称重叠	加权相似度
Soroban Capital Partners LP	5	4.8%	0.363	对比 ⇄
Brown Advisory Inc	54	3.7%	0.3537	对比 ⇄
Sanders Capital, LLC	8	6.3%	0.3376	对比 ⇄
ValueAct Capital	3	3.0%	0.3246	对比 ⇄
Dodge & Cox	24	8.4%	0.3198	对比 ⇄
Clearbridge Investments, LLC	46	6.3%	0.3112	对比 ⇄
Tiger Global Management	10	8.1%	0.3083	对比 ⇄
Ninety One UK Ltd	25	7.5%	0.298	对比 ⇄