SEC FORM 13F LEDGER
Viking Global Investors LP reported 13F holdings, quarter ended September 30, 2025
VIKING GLOBAL INVESTORS LP reported 78 13(f) positions held on September 30, 2025, as filed with the SEC on November 14, 2025 under accession 0001103804-25-000010.
The filing on record
Legal name as filedVIKING GLOBAL INVESTORS LP
CIK0001103804
Quarter end, positions held onSeptember 30, 2025 (2025-09-30)
Filing date, reported to the SEC onNovember 14, 2025 (2025-11-14)
Accession0001103804-25-000010
Form type13F-HR, 13F HOLDINGS REPORT
Snapshot revision1 of 1
Positions reported78
Total reported value (USD)$38,504,949,476
Completenesspositions omitted as confidential. This filing states that some positions were omitted under a confidential treatment request; the quarter is knowingly incomplete until an amendment discloses them.
Comparison basisThe immediately preceding quarter is not on record, so no comparison is published.
Reported positions
Where the two quarters cannot be compared honestly, the row says so and names the rule that withheld it. An absent security is not evidence of a sale: it may have left 13(f) scope, been granted confidential treatment, moved to a different reporting manager, or changed CUSIP in a corporate action.
| Issuer as reported | Title of class | CUSIP | Amount reported | Reported value (USD) | Reported change since the prior quarter on record |
|---|---|---|---|---|---|
| PNC FINL SVCS GROUP INC | COM | 693475105 | 7,956,766 shares | $1,598,752,992 | not comparableThe immediately preceding quarter is not on record, so no comparison is published. |
| JPMORGAN CHASE & CO. | COM | 46625H100 | 5,059,060 shares | $1,595,779,296 | not comparableThe immediately preceding quarter is not on record, so no comparison is published. |
| SCHWAB CHARLES CORP | COM | 808513105 | 16,583,101 shares | $1,583,188,652 | not comparableThe immediately preceding quarter is not on record, so no comparison is published. |
| CAPITAL ONE FINL CORP | COM | 14040H105 | 7,388,506 shares | $1,570,648,605 | not comparableThe immediately preceding quarter is not on record, so no comparison is published. |
| MICROSOFT CORP | COM | 594918104 | 2,429,412 shares | $1,258,313,945 | not comparableThe immediately preceding quarter is not on record, so no comparison is published. |
| DISNEY WALT CO | COM | 254687106 | 10,449,711 shares | $1,196,491,910 | not comparableThe immediately preceding quarter is not on record, so no comparison is published. |
| TAIWAN SEMICONDUCTOR MFG LTD | SPONSORED ADS | 874039100 | 3,944,366 shares | $1,101,621,980 | not comparableThe immediately preceding quarter is not on record, so no comparison is published. |
| MCDONALDS CORP | COM | 580135101 | 3,374,875 shares | $1,025,590,764 | not comparableThe immediately preceding quarter is not on record, so no comparison is published. |
| FORTIVE CORP | COM | 34959J108 | 20,483,680 shares | $1,003,495,483 | not comparableThe immediately preceding quarter is not on record, so no comparison is published. |
| AIR PRODS & CHEMS INC | COM | 009158106 | 3,667,119 shares | $1,000,096,694 | not comparableThe immediately preceding quarter is not on record, so no comparison is published. |
| SHERWIN WILLIAMS CO | COM | 824348106 | 2,881,091 shares | $997,606,570 | not comparableThe immediately preceding quarter is not on record, so no comparison is published. |
| VISA INC | COM CL A | 92826C839 | 2,897,030 shares | $988,988,101 | not comparableThe immediately preceding quarter is not on record, so no comparison is published. |
| BRIDGEBIO PHARMA INC | COM | 10806X102 | 15,977,849 shares | $829,889,477 | not comparableThe immediately preceding quarter is not on record, so no comparison is published. |
| GENERAL MTRS CO | COM | 37045V100 | 13,027,139 shares | $794,264,665 | not comparableThe immediately preceding quarter is not on record, so no comparison is published. |
| CARVANA CO | CL A | 146869102 | 2,101,241 shares | $792,672,155 | not comparableThe immediately preceding quarter is not on record, so no comparison is published. |
| T-MOBILE US INC | COM | 872590104 | 3,262,466 shares | $780,969,111 | not comparableThe immediately preceding quarter is not on record, so no comparison is published. |
| JOHNSON CTLS INTL PLC | SHS | G51502105 | 6,796,942 shares | $747,323,773 | not comparableThe immediately preceding quarter is not on record, so no comparison is published. |
| BLACKROCK INC | COM | 09290D101 | 619,492 shares | $722,247,138 | not comparableThe immediately preceding quarter is not on record, so no comparison is published. |
| PHILIP MORRIS INTL INC | COM | 718172109 | 4,426,128 shares | $717,917,962 | not comparableThe immediately preceding quarter is not on record, so no comparison is published. |
| TESLA INC | COM | 88160R101 | 1,609,828 shares | $715,922,708 | not comparableThe immediately preceding quarter is not on record, so no comparison is published. |
| META PLATFORMS INC | CL A | 30303M102 | 929,003 shares | $682,241,223 | not comparableThe immediately preceding quarter is not on record, so no comparison is published. |
| ADVANCED MICRO DEVICES INC | COM | 007903107 | 4,181,269 shares | $676,487,512 | not comparableThe immediately preceding quarter is not on record, so no comparison is published. |
| BOEING CO | COM | 097023105 | 3,010,551 shares | $649,767,222 | not comparableThe immediately preceding quarter is not on record, so no comparison is published. |
| NIKE INC | CL B | 654106103 | 8,996,579 shares | $627,331,454 | not comparableThe immediately preceding quarter is not on record, so no comparison is published. |
| NETFLIX INC | COM | 64110L106 | 500,812 shares | $600,433,523 | not comparableThe immediately preceding quarter is not on record, so no comparison is published. |
| BANK AMERICA CORP | COM | 060505104 | 11,500,290 shares | $593,299,961 | not comparableThe immediately preceding quarter is not on record, so no comparison is published. |
| HCA HEALTHCARE INC | COM | 40412C101 | 1,380,583 shares | $588,404,475 | not comparableThe immediately preceding quarter is not on record, so no comparison is published. |
| CSX CORP | COM | 126408103 | 15,947,719 shares | $566,303,502 | not comparableThe immediately preceding quarter is not on record, so no comparison is published. |
| DRAFTKINGS INC NEW | COM CL A | 26142V105 | 15,003,351 shares | $561,125,327 | not comparableThe immediately preceding quarter is not on record, so no comparison is published. |
| CENCORA INC | COM | 03073E105 | 1,778,135 shares | $555,720,532 | not comparableThe immediately preceding quarter is not on record, so no comparison is published. |
| DANAHER CORPORATION | COM | 235851102 | 2,751,245 shares | $545,461,834 | not comparableThe immediately preceding quarter is not on record, so no comparison is published. |
| SEA LTD | SPONSORD ADS | 81141R100 | 3,039,203 shares | $543,196,752 | not comparableThe immediately preceding quarter is not on record, so no comparison is published. |
| UBS GROUP AG | SHS | H42097107 | 13,096,560 shares | $534,852,290 | not comparableThe immediately preceding quarter is not on record, so no comparison is published. |
| PRIMO BRANDS CORPORATION | CLASS A COM SHS | 741623102 | 23,033,970 shares | $509,050,737 | not comparableThe immediately preceding quarter is not on record, so no comparison is published. |
| AON PLC | SHS CL A | G0403H108 | 1,414,618 shares | $504,424,486 | not comparableThe immediately preceding quarter is not on record, so no comparison is published. |
| ACUREN CORP | COM | 00510N102 | 34,360,000 shares | $457,331,600 | not comparableThe immediately preceding quarter is not on record, so no comparison is published. |
| BIOMARIN PHARMACEUTICAL INC | COM | 09061G101 | 8,322,179 shares | $450,729,215 | not comparableThe immediately preceding quarter is not on record, so no comparison is published. |
| ADAPTIVE BIOTECHNOLOGIES COR | COM | 00650F109 | 29,993,708 shares | $448,705,872 | not comparableThe immediately preceding quarter is not on record, so no comparison is published. |
| REGAL REXNORD CORPORATION | COM | 758750103 | 3,123,262 shares | $448,000,701 | not comparableThe immediately preceding quarter is not on record, so no comparison is published. |
| CELESTICA INC | COM | 15101Q207 | 1,722,780 shares | $424,458,536 | not comparableThe immediately preceding quarter is not on record, so no comparison is published. |
| API GROUP CORP | COM STK | 00187Y100 | 12,306,277 shares | $422,966,740 | not comparableThe immediately preceding quarter is not on record, so no comparison is published. |
| SAIA INC | COM | 78709Y105 | 1,383,888 shares | $414,280,712 | not comparableThe immediately preceding quarter is not on record, so no comparison is published. |
| CAMDEN PPTY TR | SH BEN INT | 133131102 | 3,846,740 shares | $410,754,897 | not comparableThe immediately preceding quarter is not on record, so no comparison is published. |
| MID-AMER APT CMNTYS INC | COM | 59522J103 | 2,645,082 shares | $369,597,308 | not comparableThe immediately preceding quarter is not on record, so no comparison is published. |
| ROIVANT SCIENCES LTD | SHS | G76279101 | 23,594,831 shares | $356,989,793 | not comparableThe immediately preceding quarter is not on record, so no comparison is published. |
| KKR & CO INC | COM | 48251W104 | 2,709,024 shares | $352,037,669 | not comparableThe immediately preceding quarter is not on record, so no comparison is published. |
| ROSS STORES INC | COM | 778296103 | 2,023,868 shares | $308,417,245 | not comparableThe immediately preceding quarter is not on record, so no comparison is published. |
| CHIPOTLE MEXICAN GRILL INC | COM | 169656105 | 6,636,563 shares | $260,086,904 | not comparableThe immediately preceding quarter is not on record, so no comparison is published. |
| BOSTON SCIENTIFIC CORP | COM | 101137107 | 2,641,682 shares | $257,907,414 | not comparableThe immediately preceding quarter is not on record, so no comparison is published. |
| EDWARDS LIFESCIENCES CORP | COM | 28176E108 | 3,069,151 shares | $238,687,873 | not comparableThe immediately preceding quarter is not on record, so no comparison is published. |
| RALLIANT CORP | COM | 750940108 | 5,082,472 shares | $222,256,501 | not comparableThe immediately preceding quarter is not on record, so no comparison is published. |
| CHEWY INC | CL A | 16679L109 | 5,483,690 shares | $221,815,261 | not comparableThe immediately preceding quarter is not on record, so no comparison is published. |
| AMER SPORTS INC | COM SHS | G0260P102 | 6,343,481 shares | $220,435,965 | not comparableThe immediately preceding quarter is not on record, so no comparison is published. |
| DEUTSCHE BANK AG | NAMEN AKT | D18190898 | 6,102,855 shares | $214,593,455 | not comparableThe immediately preceding quarter is not on record, so no comparison is published. |
| CBRE GROUP INC | CL A | 12504L109 | 1,210,004 shares | $190,648,230 | not comparableThe immediately preceding quarter is not on record, so no comparison is published. |
| NEWAMSTERDAM PHARMA COMPANY | ORDINARY SHARES | N62509109 | 6,475,534 shares | $184,164,187 | not comparableThe immediately preceding quarter is not on record, so no comparison is published. |
| INTUIT | COM | 461202103 | 264,136 shares | $180,381,116 | not comparableThe immediately preceding quarter is not on record, so no comparison is published. |
| DECKERS OUTDOOR CORP | COM | 243537107 | 1,726,926 shares | $175,058,489 | not comparableThe immediately preceding quarter is not on record, so no comparison is published. |
| FIRST SOLAR INC | COM | 336433107 | 767,996 shares | $169,366,158 | not comparableThe immediately preceding quarter is not on record, so no comparison is published. |
| MASIMO CORP | COM | 574795100 | 1,073,433 shares | $158,385,039 | not comparableThe immediately preceding quarter is not on record, so no comparison is published. |
| COSTAR GROUP INC | COM | 22160N109 | 1,849,729 shares | $156,061,636 | not comparableThe immediately preceding quarter is not on record, so no comparison is published. |
| APPLOVIN CORP | COM CL A | 03831W108 | 162,525 shares | $116,780,714 | not comparableThe immediately preceding quarter is not on record, so no comparison is published. |
| RYAN SPECIALTY HOLDINGS INC | CL A | 78351F107 | 1,934,957 shares | $109,054,177 | not comparableThe immediately preceding quarter is not on record, so no comparison is published. |
| INTEGER HLDGS CORP | COM | 45826H109 | 1,024,942 shares | $105,907,257 | not comparableThe immediately preceding quarter is not on record, so no comparison is published. |
| SIONNA THERAPEUTICS INC | COM | 829401108 | 3,195,181 shares | $93,970,273 | not comparableThe immediately preceding quarter is not on record, so no comparison is published. |
| PHARVARIS N V | COM | N69605108 | 3,653,310 shares | $91,150,085 | not comparableThe immediately preceding quarter is not on record, so no comparison is published. |
| ORIC PHARMACEUTICALS INC | COM | 68622P109 | 6,572,700 shares | $78,872,400 | not comparableThe immediately preceding quarter is not on record, so no comparison is published. |
| STANDARD BIOTOOLS INC | COM | 34385P108 | 58,651,170 shares | $76,246,521 | not comparableThe immediately preceding quarter is not on record, so no comparison is published. |
| INHIBRX BIOSCIENCES INC | COM | 45720N103 | 1,787,705 shares | $60,209,904 | not comparableThe immediately preceding quarter is not on record, so no comparison is published. |
| GINKGO BIOWORKS HOLDINGS INC | CL A NEW | 37611X209 | 3,577,128 shares | $52,154,526 | not comparableThe immediately preceding quarter is not on record, so no comparison is published. |
| ORUKA THERAPEUTICS INC | COM | 687604108 | 2,666,690 shares | $51,280,449 | not comparableThe immediately preceding quarter is not on record, so no comparison is published. |
| TEVA PHARMACEUTICAL INDS LTD | SPONSORED ADS | 881624209 | 2,532,119 shares | $51,148,804 | not comparableThe immediately preceding quarter is not on record, so no comparison is published. |
| TREVI THERAPEUTICS INC | COM | 89532M101 | 5,128,875 shares | $46,929,206 | not comparableThe immediately preceding quarter is not on record, so no comparison is published. |
| STUBHUB HLDGS INC | CL A | 86384P109 | 2,040,816 shares | $34,367,341 | not comparableThe immediately preceding quarter is not on record, so no comparison is published. |
| MAPLEBEAR INC | COM | 565394103 | 832,857 shares | $30,615,823 | not comparableThe immediately preceding quarter is not on record, so no comparison is published. |
| PEPGEN INC | COM | 713317105 | 3,482,434 shares | $16,088,845 | not comparableThe immediately preceding quarter is not on record, so no comparison is published. |
| ESTABLISHMENT LABS HLDGS INC | COM | G31249108 | 343,465 shares | $14,078,630 | not comparableThe immediately preceding quarter is not on record, so no comparison is published. |
| RALLYBIO CORP | COM | 75120L100 | 4,194,777 shares | $2,093,194 | not comparableThe immediately preceding quarter is not on record, so no comparison is published. |
Revision history
| Revision | Basis | Form type | Filing date | Accession | Positions reported |
|---|---|---|---|---|---|
| 1 current | original | 13F-HR | 2025-11-14 | 0001103804-25-000010 | 78 |
Form 13F reports long positions in 13(f) securities held on the last day of the quarter. It excludes short positions, cash, and assets outside 13(f) scope. An absent security is not evidence of a sale.
Ledger last ingested 2026-09-15T16:14:17+00:00 (32 filings ingested, 8 quarantined). Form 13F is filed within 45 days of quarter end, so every figure here is at least that old, and amendments can change a closed quarter months later.
How to read this
A Form 13F is filed within 45 days of the quarter end it describes, so every figure on these pages was already at least that old the day it published. The quarter end and the filing date are labelled separately on every row and neither of them is today.
Form 13F is two quarter-end snapshots. It states no transaction, no transaction date and no transaction price, so a difference between two quarters is a difference between two reports and nothing more.
The filer is the entity named on the cover page. Where a filing lists other managers, that is an attribution of reporting responsibility, not an attribution of a decision to any individual.
SquawkFlow publishes market-structure data and education. Nothing here is investment advice, a price target or a recommendation, and we have no order execution.