Andreas Halvorsen Viking Global Investors
Andreas Halvorsen is the founder of Viking Global Investors, another prominent firm with roots in Julian Robertson’s Tiger Management. Viking is known for fundamental long/short equity investing and a large, research-intensive platform. Its public filings are widely monitored for institutional-quality growth and cyclical equity ideas.
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
Microsoft
MSFT
|
+$1.24B |
| 2 |
PNC Financial Services
PNC
|
+$1.1B |
| 3 |
DraftKings
DKNG
|
+$665M |
| 4 |
Netflix
NFLX
|
+$611M |
| 5 |
Johnson Controls International
JCI
|
+$571M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
US Bancorp
USB
|
+$1.09B |
| 2 |
Bank of America
BAC
|
+$963M |
| 3 |
Amazon
AMZN
|
+$855M |
| 4 |
Flutter Entertainment
FLUT
|
+$653M |
| 5 |
American Tower
AMT
|
+$618M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 26.93% |
| 2 | Consumer Discretionary | 16.3% |
| 3 | Healthcare | 13.91% |
| 4 | Technology | 13.08% |
| 5 | Industrials | 9.62% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
76
PepGen
PEPG
$217M
| $16.1M | 0.04% |
3,482,434
+2,000,000
| +135% | +$3.22M |
|
77
Establishment Labs
ESTA
$2.17B
| $14.1M | 0.04% |
343,465
| – | – |
|
78
Rallybio
RLYB
$89.4M
| $2.09M | 0.01% |
524,347
| – | – |
|
79
American International
AIG
$39.8B
| – | – |
-1,815,785
| Closed | -$155M |
|
80
Arthur J. Gallagher & Co
AJG
$67.6B
| – | – |
-725,795
| Closed | -$232M |
|
|
81
American Tower
AMT
$81.9B
| – | – |
-2,797,125
| Closed | -$618M |
|
|
82
Amazon
AMZN
$2.79T
| – | – |
-3,897,092
| Closed | -$855M |
|
83
Carnival Corporation Ltd
CCL
$35.2B
| – | – |
-13,207,267
| Closed | -$371M |
|
84
CME Group
CME
$98.9B
| – | – |
-597,374
| Closed | -$165M |
|
85
D.R. Horton
DHI
$41.5B
| – | – |
-2,827,032
| Closed | -$364M |
|
86
HealthEquity
HQY
$8.81B
| – | – |
-219,746
| Closed | -$23M |
|
87
Lennar Class A
LEN
$21B
| – | – |
-2,523,594
| Closed | -$279M |
|
88
Eli Lilly
LLY
$1.12T
| – | – |
-416,918
| Closed | -$325M |
|
89
Molina Healthcare
MOH
$10.5B
| – | – |
-267,421
| Closed | -$79.7M |
|
90
NVIDIA
NVDA
$5.2T
| – | – |
-3,681,935
| Closed | -$582M |
|
91
Qualcomm
QCOM
$169B
| – | – |
-3,152,866
| Closed | -$502M |
|
92
Ferrari
RACE
$76.7B
| – | – |
-721,269
| Closed | -$354M |
|
93
Royalty Pharma
RPRX
$27.3B
| – | – |
-2,597,460
| Closed | -$93.6M |
|
94
Trade Desk
TTD
$6.19B
| – | – |
-2,674,320
| Closed | -$193M |
|
|
95
US Bancorp
USB
$96.7B
| – | – |
-24,089,428
| Closed | -$1.09B |
|
|
96
Flutter Entertainment
FLUT
$17.8B
| – | – |
-2,284,905
| Closed | -$653M |
|
|
XYZ
97
Block Inc
XYZ
$49.4B
| – | – |
-5,420,475
| Closed | -$368M |
|
|
MTSR
98
DELISTED
Metsera Inc
MTSR
| – | – |
-1,616,612
| Closed | -$46M |
|
Similar funds
Andreas Halvorsen's Q3 2025 Portfolio in Review
As of Q3 2025, Andreas Halvorsen held 98 positions worth $38.5B, up 11% from $34.6B the previous quarter. Its ten largest holdings account for 34% of the portfolio.
Andreas Halvorsen deployed $2.4B of net new capital in Q3 2025, opening 15 new positions and adding to 31 existing holdings. Its largest new stake was Microsoft: 2,429,412 shares worth $1.26B.
By sector, the portfolio is most concentrated in Financials at 27% of assets, up from 24% a quarter earlier, followed by Consumer Discretionary and Healthcare.
On the sell side, the largest reduction was Bank of America, an estimated $963M trimmed.
- Andreas Halvorsen's largest Q3 2025 buy was Microsoft: 2,429,412 shares worth $1.26B.
- Andreas Halvorsen added most to PNC Financial Services in Q3 2025, an estimated $1.1B increase.
- Andreas Halvorsen's biggest Q3 2025 reduction was Bank of America, cutting an estimated $963M.
- Andreas Halvorsen fully exited US Bancorp in Q3 2025, selling an estimated $1.09B.
- Andreas Halvorsen's ten largest holdings make up 34% of its $38.5B portfolio in Q3 2025.
- Andreas Halvorsen opened 15 new positions and closed 20 in Q3 2025.
- Andreas Halvorsen's portfolio value rose 11% quarter-over-quarter to $38.5B.
Based on Viking Global Investors's 13F filing for Q3 2025, filed 14 Nov 2025.