Hedge Fund · CIK 0001103804

Andreas Halvorsen

Viking Global
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Andreas Halvorsen runs Viking Global, a hedge fund overseeing $37.68B in disclosed equity holdings (SEC CIK 0001103804). The latest portfolio (2025Q4) discloses 76 positions across 8 sectors, with the largest positions in MSFT, PNC and TSM. On a mark-to-market basis the tracked portfolio has returned 26.6% over the past year. OpenStocks tracks 40 consecutive quarterly snapshots for this manager — every position change, new entry, and exit is logged below.

Portfolio
$37.68B
Positions
76
Quarter
2025Q4
Filings tracked
40
1Y+26.6%3Y+116.4%5Y+92.5%10Y+156.6%Full performance →
1-YearTWR
+26.65%
since 2024Q4
3-YearTWR
+116.43%
since 2022Q4
5-YearTWR
+92.55%
since 2020Q4
10-Yearbacktest
+156.63%
since 2016-04-20

Methodology: TWR tiles chain-link quarterly mark-to-market across consecutive filings (GIPS-compliant) · actual tiles use a real 13F snapshot marked to today · backtest tiles re-price the current book to historical prices.

Performance overview

We mark Andreas Halvorsen (Viking Global)'s disclosed portfolio to current market prices and compare its growth against the S&P 500 (SPY). Andreas's portfolio is 26.6% over the last 12 months · 115.7% since 2016Q1.

Portfolio growth vs SPY
Rebased to 100 at 2021Q2 · through 2025Q4
Andreas Halvorsen
+79.2%
SPY
+69.5%
Alpha
+9.7pp
62941251571882021Q22023Q32025Q4
Portfolio line is the GIPS-compliant time-weighted return chain-linked across the manager's quarterly 13F filings — unaffected by capital flows. Quarters with insufficient held-through coverage are skipped, which can briefly flatten the line.
Capital flow per quarter
BuysSellsNet
+$13.30B+$6.65B$0-$6.65B-$13.30B'22Q1'22Q2'22Q3'22Q4'23Q1'23Q2'23Q3'23Q4'24Q1'24Q2'24Q3'24Q4'25Q1'25Q2'25Q3'25Q4
Latest · 2025Q4
-$2.62B
Lifetime buys
$132.25B
Lifetime sells
$138.25B
Portfolio over time
AUMPositions
$0$12.71B$25.41B$38.50B9176'22Q1'23Q4'25Q4
QoQ AUM
-2.1%
16Q lifetime AUM
+52.3%
QoQ positions
-2
16Q lifetime positions
-15
Position concentration
82 positions
Top 1
7%
of book