§ 13F · FUND PROFILE
Viking Global.
Viking Global runs a $35.1 billion long/short equity book across 90 positions, with financials as its core bet, led by Visa, PNC, JPMorgan and Schwab. The fund trades tactically around macro shifts in rates and credit rather than holding a fixed sector thesis.
AUM · $38.5B (13F)Positions · 78Turnover · 89% · Q2Filed · Aug 14, 2026
CONCENTRATION
36%
Top 10 holdings
NEW BUYS
+35
+$6.9B deployed
EXITS
0
No exits
SECTOR SHIFT
OTHER → RETAIL
-8pp · +3pp
§ 01 · TOP HOLDINGS
The book · Q2 2026
FILED AUG 14, 2026
| # | Ticker | Name | Shares | $ value | % port | Δ Q2 |
|---|---|---|---|---|---|---|
| 1 | V | VISA INC | 6.39M | $2.2B | 6.3% | +1% |
| 2 | TSM | TAIWAN SEMICONDUCTOR MANUFAC | 3.17M | $1.5B | 4.3% | −29% |
| 3 | APD | AIR PRODUCTS AND CHEMICALS I | 4.74M | $1.4B | 4.0% | +16% |
| 4 | SHW | SHERWIN WILLIAMS CO | 3.88M | $1.3B | 3.8% | +25% |
| 5 | FTV | FORTIVE CORP | 19.93M | $1.2B | 3.5% | −11% |
| 6 | META | META PLATFORMS INC | 1.87M | $1.1B | 3.0% | +76% |
| 7 | SCHW | SCHWAB CHARLES CORP | 10.64M | $982M | 2.8% | −27% |
| 8 | TMO | THERMO FISHER SCIENTIFIC INC | 1.94M | $971M | 2.8% | +16% |
| 9 | JPM | JPMORGAN CHASE & CO | 2.90M | $949M | 2.7% | +7% |
| 10 | LII | LENNOX INTL INC | 1.59M | $912M | 2.6% | +1% |
§ 02 · SECTOR ALLOCATION
Where the money is
Other53.0% (−8pp)
Financial Services15.9% (+3pp)
Retail8.5% (+3pp)
Chemicals7.8% (+2pp)
Life Sciences Tools & Services6.8%
Media6.4% (−2pp)
§ 03 · THE VIKING SIGNAL
AC read
Viking Global's 13F for Q2 2026, covering the period ending June 30, 2026 and made public on this delayed SEC schedule, shows a $35.1 billion long/short equity book spread across 90 positions. Note that the filing reflects positioning as of quarter end and is now roughly 45 to 90 days stale relative to actual trading, so the book has likely shifted since. The top holding is Visa at $2.2 billion, 6.3% of the portfolio, followed by Taiwan Semiconductor at $1.5 billion, 4.3%, and Air Products at $1.4 billion, 4.0%. Sherwin-Williams, Fortive and Meta round out the next tier at 3.8%, 3.5% and 3.0% respectively, with Schwab, Thermo Fisher, JPMorgan and Lennox International each landing between 2.6% and 2.8%.
Read the full dossier →§ 04 · FILING HISTORY
Q-by-Q deltas
4 OF 4 FILINGS MEASURED
Q2 2026
Busy quarter
+35 buys · −0 exits · 45 changed
Q1 2026
Busy quarter
+20 buys · −0 exits · 47 changed
Q4 2025
Busy quarter
+21 buys · −0 exits · 46 changed
Q3 2025
Busy quarter
+78 buys · −0 exits · 0 changed