Andreas Halvorsen - Viking Global Investors
Period:    Q1 2026
Portfolio date:    31 Mar 2026
No. of stocks:    77
Portfolio value:    $35,748,670,967
Holdings Activity Buys Sells    History
History Stock % of
Portfolio
Recent
Activity
Shares Reported
Price*
Value Current
Price
+/-
Reported
Price
52
Week
Low
52
Week
High
V - Visa Inc. 5.35 Add 58.83% 6,328,185 $302.24 $1,912,630,634 $323.57 7.06% $293.89 $375.51
TSM - Taiwan Semiconductor S.A. 4.22 Reduce 9.15% 4,465,127 $337.95 $1,508,989,670 $415.17 22.85% $202.28 $450.16
SCHW - Charles Schwab Corp. 3.86 Add 5.71% 14,664,954 $93.98 $1,378,212,377 $88.84 -5.47% $83.96 $107.50
DIS - Walt Disney Co. 3.59 Add 18.81% 13,298,462 $96.38 $1,281,705,768 $99.71 3.46% $92.19 $124.69
FTV - Fortive Corp. 3.48 Add 16.91% 22,479,388 $55.28 $1,242,660,569 $61.28 10.85% $46.34 $62.81
APD - Air Products & Chemicals 3.33 Reduce 14.19% 4,104,095 $290.49 $1,192,198,557 $282.35 -2.80% $229.11 $307.96
MCD - McDonald's Corp. 3.15 Add 0.16% 3,625,029 $310.79 $1,126,622,763 $279.84 -9.96% $271.98 $341.75
SHW - Sherwin-Williams 2.79 Reduce 1.88% 3,112,767 $320.55 $997,797,462 $305.30 -4.76% $289.86 $379.65
TSLA - Tesla Inc. 2.59 Add 46.70% 2,493,561 $371.75 $926,981,302 $391.00 5.18% $273.21 $498.83
AAPL - Apple Inc. 2.55 Buy 3,593,057 $253.79 $911,881,936 $307.34 21.10% $195.07 $316.94
BBIO - BridgeBio Pharma Inc. 2.46 Reduce 17.73% 11,842,434 $74.26 $879,419,149 $67.61 -8.96% $37.69 $84.94
CVNA - Carvana Co. 2.44 Add 161.89% 13,900,175 $62.88 $873,987,403 $66.51 5.77% $54.46 $97.38
MSFT - Microsoft Corp. 2.39 Reduce 28.23% 2,309,446 $370.17 $854,887,626 $416.67 12.56% $356.28 $555.45
TMO - Thermo Fisher Scientific 2.29 Add 110.29% 1,668,025 $491.53 $819,884,328 $472.80 -3.81% $385.46 $643.99
JPM - JPMorgan Chase & Co. 2.23 Add 41.87% 2,704,018 $294.16 $795,413,935 $312.37 6.19% $260.31 $337.25
CSX - CSX Corp. 2.14 Add 35.18% 18,678,052 $41.05 $766,734,035 $46.99 14.47% $31.64 $47.21
ICE - Intercontinental Exchange Inc. 2.13 Add 0.70% 4,836,896 $157.28 $760,747,003 $141.50 -10.03% $136.67 $189.35
LII - Lennox International 2.04 Add 153.08% 1,572,419 $464.13 $729,806,830 $508.43 9.54% $434.06 $689.44
GOOGL - Alphabet Inc. 1.93 Reduce 10.14% 2,395,865 $287.56 $688,954,939 $368.53 28.16% $162.00 $408.61
FDX - FedEx Corp. 1.93 Buy 1,932,165 $356.18 $688,198,530 $331.00 -7.07% $174.13 $341.14
GM - General Motors 1.91 Add 34.83% 9,176,943 $74.50 $683,682,254 $82.11 10.21% $46.82 $87.62
BA - Boeing Co. 1.78 Reduce 19.15% 3,196,041 $199.03 $636,108,040 $215.45 8.25% $176.77 $254.35
PNC - PNC Financial Services 1.76 Reduce 58.46% 3,027,092 $208.09 $629,907,574 $228.37 9.75% $172.73 $243.94
TMUS - T-Mobile US Inc. 1.74 Reduce 20.96% 2,967,374 $210.03 $623,237,561 $178.10 -15.20% $177.12 $261.56
META - Meta Platforms Inc. 1.70 Buy 1,062,575 $572.13 $607,931,035 $593.00 3.65% $520.26 $796.25
RRX - Regal Rexnord Corp. 1.65 Reduce 2.52% 3,142,851 $187.26 $588,530,278 $204.40 9.15% $127.96 $236.35
MAA - Mid-America Apt Communties 1.64 Add 23.67% 4,798,404 $122.12 $585,981,096 $137.54 12.63% $120.30 $153.93
JCI - Johnson Controls Intl. plc 1.62 Reduce 25.32% 4,419,923 $130.95 $578,788,917 $143.65 9.70% $100.86 $148.38
MDLN - Medline Inc Cl A 1.42 Add 64.30% 11,433,992 $44.50 $508,812,644 $33.61 -24.47% $32.82 $50.88
HCA - HCA Healthcare Inc. 1.42 Add 7.60% 1,075,133 $473.24 $508,795,941 $372.13 -21.37% $330.00 $556.52
ATI - Allegheny Technologies Inc. 1.36 Buy 3,332,843 $145.46 $484,795,343 $177.47 22.01% $70.42 $183.30
CLS - Celestica Inc 1.30 Reduce 2.60% 1,654,989 $281.68 $466,177,302 $371.71 31.96% $117.28 $474.03
CPT - Camden Property Trust 1.29 Reduce 1.03% 4,715,394 $97.66 $460,505,378 $112.60 15.30% $96.53 $119.00
CB - Chubb Limited 1.18 Add 27.73% 1,295,011 $325.93 $422,082,935 $326.27 0.10% $264.10 $345.67
ADPT - Adaptive Biotechnologies Corp. 1.16 29,993,708 $13.88 $416,312,667 $16.90 21.76% $9.78 $20.76
BMRN - BioMarin Pharmaceutical Inc. 1.12 Add 16.98% 7,062,077 $56.49 $398,936,730 $56.77 0.50% $49.26 $66.28
SE - Sea Ltd 1.10 Add 29.02% 4,737,196 $82.81 $392,287,201 $86.56 4.53% $77.05 $199.30
WAT - Waters Corp. 1.05 Buy 1,256,462 $297.80 $374,174,384 $365.36 22.69% $275.05 $414.15
CCL - Carnival Corp. 0.99 Reduce 2.42% 13,721,348 $25.88 $355,108,486 $27.41 5.91% $22.11 $34.03
AON - Aon Plc 0.98 Add 38.72% 1,087,114 $322.78 $350,898,657 $328.53 1.78% $304.59 $381.00
HAS - Hasbro Inc. 0.98 Buy 3,738,902 $93.60 $349,961,227 $84.18 -10.06% $65.06 $106.98
RDDT - Reddit Inc Cl A 0.96 Buy 2,551,617 $134.65 $343,575,229 $173.45 28.82% $110.85 $282.95
PGR - Progressive Corp. 0.90 Add 21.41% 1,616,559 $198.24 $320,466,656 $204.02 2.92% $189.20 $283.95
AIG - American International Group 0.89 Buy 4,221,223 $75.25 $317,647,031 $75.49 0.32% $71.25 $87.46
COF - Capital One Financial 0.82 Reduce 45.39% 1,612,374 $182.43 $294,145,389 $180.67 -0.96% $174.98 $259.64
DKS - Dick's Sporting Goods Inc. 0.70 Reduce 50.87% 1,264,170 $198.29 $250,672,269 $214.83 8.34% $170.73 $237.75
AMZN - Amazon.com Inc. 0.70 Reduce 61.77% 1,195,428 $208.27 $248,971,790 $246.03 18.13% $196.00 $278.56
AS - Amer Sports Inc 0.67 Add 51.02% 7,270,476 $32.92 $239,344,070 $34.10 3.58% $28.92 $42.76
APG - APi Group Corp. 0.66 Reduce 49.41% 5,837,000 $40.52 $236,515,240 $41.98 3.60% $31.40 $49.99
TIC - Acuren Corporation 0.66 Add 4.26% 35,824,562 $6.58 $235,725,618 $8.38 27.36% $6.36 $14.94
CBOE - CBOE Holdings Inc. 0.54 Buy 688,417 $281.07 $193,493,366 $281.91 0.30% $218.14 $371.18
ROIV - Roivant Sciences Ltd 0.52 Add 3.25% 6,652,448 $27.70 $184,272,810 $28.58 3.18% $10.71 $32.79
HD - Home Depot 0.46 Buy 504,257 $328.89 $165,845,085 $310.78 -5.51% $289.10 $426.75
AJG - Arthur J. Gallagher & Co. 0.44 Reduce 30.12% 727,441 $216.58 $157,549,172 $216.14 -0.20% $190.75 $337.33
LULU - Lululemon Athletica Inc. 0.42 Buy 980,568 $153.10 $150,124,961 $114.23 -25.39% $109.36 $338.49
NAMS - Newamsterdam Pharma Co Nv 0.38 4,203,567 $32.01 $134,556,180 $31.52 -1.53% $17.63 $42.21
ORKA - Oruka Therapeutics Inc 0.37 2,666,690 $49.05 $130,801,145 $60.14 22.61% $10.77 $91.00
SION - Sionna Therapeutics Inc 0.36 3,195,181 $40.09 $128,094,806 $35.37 -11.77% $13.51 $48.45
STLA - Stellantis N.V. 0.31 Reduce 59.09% 15,980,268 $7.00 $111,914,533 $7.11 1.57% $6.28 $12.22
CRWV - Coreweave Inc Cl A 0.30 Buy 1,397,438 $77.47 $108,259,522 $100.39 29.59% $63.80 $187.00
MANE - Veradermics Inc 0.30 Buy 1,690,555 $63.15 $106,758,548 $91.69 45.19% $32.00 $117.71
WST - West Pharmaceutical Services, Inc. 0.29 Add 41.32% 416,948 $250.64 $104,503,847 $314.50 25.48% $206.80 $330.88
PHVS - Pharvaris NV 0.29 3,653,310 $28.25 $103,206,008 $31.09 10.05% $15.91 $33.33
INBX - Inhibrx 0.27 1,437,705 $67.23 $96,656,907 $87.01 29.42% $12.80 $155.29
IBKR - Interactive Brokers Group Inc. 0.26 Buy 1,394,329 $67.07 $93,517,646 $84.40 25.84% $49.15 $91.02
RAL - Ralliant Corp. 0.25 Reduce 32.50% 2,134,899 $41.59 $88,790,449 $60.17 44.67% $37.27 $63.31
EW - Edwards Lifesciences Corp. 0.25 Buy 1,097,578 $80.08 $87,894,046 $85.96 7.34% $72.30 $89.45
ORIC - ORIC Pharmaceuticals Inc. 0.21 Reduce 11.38% 5,824,533 $12.67 $73,796,833 $7.50 -40.81% $7.23 $14.93
DMRA - Damora Therapeutics Inc. 0.17 Buy 2,311,082 $25.90 $59,857,024 $21.01 -18.88% $2.45 $38.33
TWLO - Twilio Inc. 0.16 Buy 450,770 $125.82 $56,715,881 $225.99 79.61% $91.84 $237.30
LAB - Standard Biotools Inc 0.15 58,651,170 $0.92 $53,918,021 $1.15 25.00% $0.87 $1.72
TRVI - Trevi Therapeutics Inc. 0.11 3,198,644 $11.93 $38,159,823 $13.33 11.74% $5.41 $16.12
DNA - Ginkgo Bioworks Holdings Inc. 0.06 3,577,128 $6.13 $21,927,795 $8.22 34.09% $5.37 $17.58
EQPT - Equipmentshare.com Inc A 0.06 Buy 1,000,000 $20.37 $20,370,000 $19.55 -4.03% $17.95 $35.50
FPS - Forgent Power Solutions Inc 0.05 Buy 650,000 $29.27 $19,025,500 $59.13 102.02% $25.95 $63.00
PEPG - Pepgen Inc 0.02 3,482,434 $1.77 $6,163,908 $1.41 -20.34% $1.01 $7.80
RLYB - Rallybio Corp. 0.01 524,347 $8.97 $4,703,393 $15.95 77.81% $2.40 $17.57
* Reported Price is the price of the security as of the portfolio date. This value is significant in that it is the last known price at which the security was still held.
Sector % analysis
Financial Services 21.33
Consumer Cyclical 16.44
Healthcare 14.66
Technology 14.65
Industrials 13.94
Communication Services 9.92
Basic Materials 6.13
Real Estate 2.93