1y return+12.1%S&P 500 +20.9%
3y return+64.0%S&P 500 +68.5%
5y return+26.5%S&P 500 +74.5%
10y return+209.7%S&P 500 +256.5%
These returns are for its stock picks as disclosed on Form 13F: last quarter's holdings, valued at this quarter's prices. They miss trades within each quarter, short positions, options, bonds, cash and fees, so they aren't the returns its clients got.
$100 invested in its stock picks
Since June 30, 2016: $310 against $357 in the S&P 500.2
Viking Global Investors LPS&P 500 (SPY)
Top holdings
At the end of June 30, 2026. Change is in shares since the quarter before.2
| Stock | Value | Share of portfolio | Change |
|---|---|---|---|
| VVisa Inc | $2.2B | 6.3% | +1.0% |
| TSMTaiwan Semiconductor Manufac | $1.5B | 4.3% | −29.0% |
| APDAir Products And Chemicals I | $1.4B | 4.0% | +15.5% |
| SHWSherwin Williams Co | $1.3B | 3.8% | +24.5% |
| FTVFortive Corp | $1.2B | 3.5% | −11.3% |
| METAMeta Platforms Inc | $1.1B | 3.0% | +75.8% |
| SCHWSchwab Charles Corp | $981.6M | 2.8% | −27.5% |
| TMOThermo Fisher Scientific Inc | $971.3M | 2.8% | +16.2% |
| JPMJpmorgan Chase & Co | $949.1M | 2.7% | +7.2% |
| LIILennox Intl Inc | $911.5M | 2.6% | +1.2% |
| AMZNAmazon Com Inc | $882.1M | 2.5% | +209.6% |
| Ferrari N VCUSIP N3167Y103 | $816.9M | 2.3% | New |
| CVNACarvana Co | $811.1M | 2.3% | −11.4% |
| MCDMcdonalds Corp | $764.7M | 2.2% | −22.0% |
| BBIOBridgebio Pharma Inc | $741.0M | 2.1% | −16.0% |
| BABoeing Co | $708.9M | 2.0% | +2.5% |
| MAAMid-amer Apt Cmntys Inc | $700.7M | 2.0% | +5.1% |
| DISDisney Walt Co | $689.0M | 2.0% | −46.2% |
| FDXFedex Corp | $673.9M | 1.9% | +11.4% |
| MSCIMsci Inc | $650.0M | 1.9% | New |
| ADPTAdaptive Biotechnologies Cor | $643.4M | 1.8% | |
| WATWaters Corp | $623.4M | 1.8% | +32.3% |
| Johnson Controls InternationCUSIP G51502105 | $614.1M | 1.8% | −4.9% |
| UNPUnion Pac Corp | $556.9M | 1.6% | New |
| MSFTMicrosoft Corp | $544.1M | 1.6% | −36.8% |
Best picks still held
How each current holding has done since the quarter it first appeared in its filings (up to six years back).
| Stock | Held since | Return since | Now worth |
|---|---|---|---|
| CVNACarvana Co | June 30, 2024 | +155.7% | $811.1M |
| TSMTaiwan Semiconductor Manufac | December 31, 2024 | +141.8% | $1.5B |
| BBIOBridgebio Pharma Inc | June 30, 2020 | +128.4% | $741.0M |
| JPMJpmorgan Chase & Co | June 30, 2024 | +61.8% | $949.1M |
| RRXRegal Rexnord Corporation | December 31, 2023 | +60.9% | $500.6M |
| GMGeneral Mtrs Co | December 31, 2024 | +44.7% | $385.8M |
| SCHWSchwab Charles Corp | September 30, 2024 | +42.4% | $981.6M |
| Johnson Controls InternationCUSIP G51502105 | June 30, 2025 | +38.3% | $614.1M |
| IBKRInteractive Brokers Group In | March 31, 2026 | +29.8% | $420.5M |
| WATWaters Corp | March 31, 2026 | +25.9% | $623.4M |
Sold off last quarter
- AAPLApple Inc was $911.9M
- CSXCsx Corp was $766.7M
- GOOGLAlphabet Inc was $689.0M
- PNCPnc Finl Svcs Group Inc was $629.9M
- TMUST-mobile Us Inc was $623.2M
- HCAHca Healthcare Inc was $508.8M
- CLSCelestica Inc was $466.2M
- Carnival CorpCUSIP 143658300 was $355.1M
- PGRProgressive Corp was $320.5M
- AIGAmerican Intl Group Inc was $317.6M
Quarter by quarter
| Quarter | Its picks | S&P 500 |
|---|---|---|
| June 30, 2026 | +9.6% | +14.8% |
| March 31, 2026 | −6.2% | −4.6% |
| December 31, 2025 | +3.9% | +2.4% |
| September 30, 2025 | +4.9% | +7.8% |
| June 30, 2025 | +12.4% | +10.5% |
| March 31, 2025 | −0.8% | −4.6% |
| December 31, 2024 | +4.3% | +2.1% |
| September 30, 2024 | +6.1% | +5.4% |
| June 30, 2024 | −4.5% | +4.0% |
| March 31, 2024 | +8.0% | +10.0% |
| December 31, 2023 | +16.4% | +11.2% |
| September 30, 2023 | −1.3% | −3.6% |
| June 30, 2023 | +9.6% | +8.3% |
| March 31, 2023 | +6.3% | +7.0% |
| December 31, 2022 | +5.8% | +7.1% |
| September 30, 2022 | −2.2% | −5.3% |
| June 30, 2022 | −16.8% | −16.5% |
| March 31, 2022 | −15.8% | −4.9% |
| December 31, 2021 | −6.3% | +10.7% |
| September 30, 2021 | −2.4% | +0.3% |
Sources
Every number on this page points here. Each one links to the public record.
- 1SEC EDGAR: Viking Global Investors LP Form 13F filingshttps://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=1103804&type=13F-HR&dateb=&owner=include&count=40CIK 1103804
- 2SEC: 13F for the quarter ended June 30, 2026https://www.sec.gov/Archives/edgar/data/1103804/000110380426000006/Filed August 14, 2026 · accession 0001103804-26-000006