{
 "manager": "Viking Global Investors",
 "page": "https://www.moatshark.com/m/viking-global-investors",
 "form": "13F-HR",
 "period": "2026-06-30",
 "filed": "2026-08-14",
 "previous_period": "2026-03-31",
 "filing_url": "https://www.sec.gov/Archives/edgar/data/1103804/000110380426000006/0001103804-26-000006-index.htm",
 "total_value_usd": 35079228595,
 "note": "Source: SEC filings via moatshark. Values and changes are estimates; not investment advice.",
 "holdings": [
  {
   "company": "Visa",
   "ticker": "V",
   "moatshark_slug": "v",
   "sector": "Financials",
   "value_usd": 2193581596,
   "shares": 6393604,
   "portfolio_pct": 6.25,
   "previous_pct": 5.35,
   "change": "ADD",
   "share_change_pct": 1,
   "quarters_held": 8
  },
  {
   "company": "Taiwan Semiconductor Manufacturing",
   "ticker": "TSM",
   "moatshark_slug": "tsm",
   "sector": "Technology",
   "value_usd": 1512988084,
   "shares": 3168097,
   "portfolio_pct": 4.31,
   "previous_pct": 4.22,
   "change": "REDUCE",
   "share_change_pct": -29,
   "quarters_held": 7
  },
  {
   "company": "Air Products & Chemicals",
   "ticker": "APD",
   "moatshark_slug": "apd",
   "sector": "Materials",
   "value_usd": 1389776106,
   "shares": 4740351,
   "portfolio_pct": 3.96,
   "previous_pct": 3.33,
   "change": "ADD",
   "share_change_pct": 15.5,
   "quarters_held": 5
  },
  {
   "company": "Sherwin Williams",
   "ticker": "SHW",
   "moatshark_slug": "shw",
   "sector": "Consumer discretionary",
   "value_usd": 1334542657,
   "shares": 3875879,
   "portfolio_pct": 3.8,
   "previous_pct": 2.79,
   "change": "ADD",
   "share_change_pct": 24.5,
   "quarters_held": 9
  },
  {
   "company": "Fortive",
   "ticker": "FTV",
   "moatshark_slug": "ftv",
   "sector": "Industrials",
   "value_usd": 1217814611,
   "shares": 19934762,
   "portfolio_pct": 3.47,
   "previous_pct": 3.48,
   "change": "REDUCE",
   "share_change_pct": -11.3,
   "quarters_held": 28
  },
  {
   "company": "Meta Platforms",
   "ticker": "META",
   "moatshark_slug": "meta",
   "sector": "Communication and media",
   "value_usd": 1052011107,
   "shares": 1867619,
   "portfolio_pct": 3,
   "previous_pct": 1.7,
   "change": "ADD",
   "share_change_pct": 75.8,
   "quarters_held": 2
  },
  {
   "company": "Charles Schwab",
   "ticker": "SCHW",
   "moatshark_slug": "schw",
   "sector": "Financials",
   "value_usd": 981648443,
   "shares": 10638869,
   "portfolio_pct": 2.8,
   "previous_pct": 3.86,
   "change": "REDUCE",
   "share_change_pct": -27.5,
   "quarters_held": 8
  },
  {
   "company": "Thermo Fisher Scientific",
   "ticker": "TMO",
   "moatshark_slug": "tmo",
   "sector": "Technology",
   "value_usd": 971342384,
   "shares": 1937415,
   "portfolio_pct": 2.77,
   "previous_pct": 2.29,
   "change": "ADD",
   "share_change_pct": 16.2,
   "quarters_held": 3
  },
  {
   "company": "JPMorgan Chase",
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   "moatshark_slug": "jpm",
   "sector": "Financials",
   "value_usd": 949056019,
   "shares": 2899386,
   "portfolio_pct": 2.71,
   "previous_pct": 2.23,
   "change": "ADD",
   "share_change_pct": 7.2,
   "quarters_held": 9
  },
  {
   "company": "Lennox International",
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   "moatshark_slug": "lii",
   "sector": "Industrials",
   "value_usd": 911539959,
   "shares": 1590959,
   "portfolio_pct": 2.6,
   "previous_pct": 2.04,
   "change": "ADD",
   "share_change_pct": 1.2,
   "quarters_held": 3
  },
  {
   "company": "Amazon.com",
   "ticker": "AMZN",
   "moatshark_slug": "amzn",
   "sector": "Consumer discretionary",
   "value_usd": 882063449,
   "shares": 3700862,
   "portfolio_pct": 2.51,
   "previous_pct": 0.7,
   "change": "ADD",
   "share_change_pct": 209.6,
   "quarters_held": 3
  },
  {
   "company": "Ferrari",
   "ticker": "RACE",
   "moatshark_slug": "race",
   "sector": "Consumer discretionary",
   "value_usd": 816922007,
   "shares": 2204309,
   "portfolio_pct": 2.33,
   "previous_pct": null,
   "change": "NEW",
   "share_change_pct": null,
   "quarters_held": 1
  },
  {
   "company": "Carvana",
   "ticker": "CVNA",
   "moatshark_slug": "cvna",
   "sector": "Consumer discretionary",
   "value_usd": 811054510,
   "shares": 12322311,
   "portfolio_pct": 2.31,
   "previous_pct": 2.44,
   "change": "ADD",
   "share_change_pct": 343.2,
   "quarters_held": 9
  },
  {
   "company": "McDonald’s",
   "ticker": "MCD",
   "moatshark_slug": "mcd",
   "sector": "Consumer discretionary",
   "value_usd": 764749699,
   "shares": 2829158,
   "portfolio_pct": 2.18,
   "previous_pct": 3.15,
   "change": "REDUCE",
   "share_change_pct": -22,
   "quarters_held": 6
  },
  {
   "company": "Bridgebio Pharma",
   "ticker": "BBIO",
   "moatshark_slug": "bbio",
   "sector": "Health care",
   "value_usd": 741017831,
   "shares": 9949219,
   "portfolio_pct": 2.11,
   "previous_pct": 2.46,
   "change": "REDUCE",
   "share_change_pct": -16,
   "quarters_held": 29
  },
  {
   "company": "Boeing",
   "ticker": "BA",
   "moatshark_slug": "ba",
   "sector": "Industrials",
   "value_usd": 708901368,
   "shares": 3274825,
   "portfolio_pct": 2.02,
   "previous_pct": 1.78,
   "change": "ADD",
   "share_change_pct": 2.5,
   "quarters_held": 7
  },
  {
   "company": "Mid-Amer Apt Cmntys",
   "ticker": "MAA",
   "moatshark_slug": "maa",
   "sector": "Financials",
   "value_usd": 700718603,
   "shares": 5043318,
   "portfolio_pct": 2,
   "previous_pct": 1.64,
   "change": "ADD",
   "share_change_pct": 5.1,
   "quarters_held": 4
  },
  {
   "company": "Walt Disney",
   "ticker": "DIS",
   "moatshark_slug": "dis",
   "sector": "Consumer discretionary",
   "value_usd": 688996578,
   "shares": 7158406,
   "portfolio_pct": 1.96,
   "previous_pct": 3.59,
   "change": "REDUCE",
   "share_change_pct": -46.2,
   "quarters_held": 5
  },
  {
   "company": "FedEx",
   "ticker": "FDX",
   "moatshark_slug": "fdx",
   "sector": "Industrials",
   "value_usd": 673850437,
   "shares": 2151983,
   "portfolio_pct": 1.92,
   "previous_pct": 1.93,
   "change": "ADD",
   "share_change_pct": 11.4,
   "quarters_held": 2
  },
  {
   "company": "MSCI",
   "ticker": "MSCI",
   "moatshark_slug": "msci",
   "sector": "Financials",
   "value_usd": 650031147,
   "shares": 1160687,
   "portfolio_pct": 1.85,
   "previous_pct": null,
   "change": "NEW",
   "share_change_pct": null,
   "quarters_held": 1
  },
  {
   "company": "Adaptive Biotechnologies Cor",
   "ticker": "ADPT",
   "moatshark_slug": "adpt",
   "sector": "Health care",
   "value_usd": 643365037,
   "shares": 29993708,
   "portfolio_pct": 1.83,
   "previous_pct": 1.16,
   "change": "HOLD",
   "share_change_pct": 0,
   "quarters_held": 29
  },
  {
   "company": "Waters",
   "ticker": "WAT",
   "moatshark_slug": "wat",
   "sector": "Technology",
   "value_usd": 623368986,
   "shares": 1662140,
   "portfolio_pct": 1.78,
   "previous_pct": 1.05,
   "change": "ADD",
   "share_change_pct": 32.3,
   "quarters_held": 2
  },
  {
   "company": "Johnson Controls International",
   "ticker": "JCI",
   "moatshark_slug": "jci",
   "sector": "Industrials",
   "value_usd": 614055620,
   "shares": 4202694,
   "portfolio_pct": 1.75,
   "previous_pct": 1.62,
   "change": "REDUCE",
   "share_change_pct": -4.9,
   "quarters_held": 5
  },
  {
   "company": "Union Pacific",
   "ticker": "UNP",
   "moatshark_slug": "unp",
   "sector": "Industrials",
   "value_usd": 556874304,
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   "portfolio_pct": 1.59,
   "previous_pct": null,
   "change": "NEW",
   "share_change_pct": null,
   "quarters_held": 1
  },
  {
   "company": "Microsoft",
   "ticker": "MSFT",
   "moatshark_slug": "msft",
   "sector": "Technology",
   "value_usd": 544093686,
   "shares": 1458618,
   "portfolio_pct": 1.55,
   "previous_pct": 2.39,
   "change": "REDUCE",
   "share_change_pct": -36.8,
   "quarters_held": 4
  },
  {
   "company": "Sea",
   "ticker": "SE",
   "moatshark_slug": "se",
   "sector": "Industrials",
   "value_usd": 543344313,
   "shares": 5669877,
   "portfolio_pct": 1.55,
   "previous_pct": 1.1,
   "change": "ADD",
   "share_change_pct": 19.7,
   "quarters_held": 6
  },
  {
   "company": "Camden Property Trust",
   "ticker": "CPT",
   "moatshark_slug": "cpt",
   "sector": "Financials",
   "value_usd": 516728060,
   "shares": 4513303,
   "portfolio_pct": 1.47,
   "previous_pct": 1.29,
   "change": "REDUCE",
   "share_change_pct": -4.3,
   "quarters_held": 10
  },
  {
   "company": "Regal Rexnord",
   "ticker": "RRX",
   "moatshark_slug": "rrx",
   "sector": "Industrials",
   "value_usd": 500617976,
   "shares": 2101759,
   "portfolio_pct": 1.43,
   "previous_pct": 1.65,
   "change": "REDUCE",
   "share_change_pct": -33.1,
   "quarters_held": 11
  },
  {
   "company": "BioMarin Pharmaceutical",
   "ticker": "BMRN",
   "moatshark_slug": "bmrn",
   "sector": "Health care",
   "value_usd": 435819735,
   "shares": 7616563,
   "portfolio_pct": 1.24,
   "previous_pct": 1.12,
   "change": "ADD",
   "share_change_pct": 7.9,
   "quarters_held": 19
  },
  {
   "company": "Interactive Brokers Group",
   "ticker": "IBKR",
   "moatshark_slug": "ibkr",
   "sector": "Financials",
   "value_usd": 420468306,
   "shares": 4830748,
   "portfolio_pct": 1.2,
   "previous_pct": 0.26,
   "change": "ADD",
   "share_change_pct": 246.5,
   "quarters_held": 2
  },
  {
   "company": "Digital Realty Trust",
   "ticker": "DLR",
   "moatshark_slug": "dlr",
   "sector": "Financials",
   "value_usd": 414915101,
   "shares": 2310475,
   "portfolio_pct": 1.18,
   "previous_pct": null,
   "change": "NEW",
   "share_change_pct": null,
   "quarters_held": 1
  },
  {
   "company": "Carnival",
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   "sector": "Industrials",
   "value_usd": 408549657,
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   "portfolio_pct": 1.16,
   "previous_pct": 0.99,
   "change": "ADD",
   "share_change_pct": 4.2,
   "quarters_held": 2
  },
  {
   "company": "General Motors",
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   "moatshark_slug": "gm",
   "sector": "Consumer discretionary",
   "value_usd": 385849608,
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   "portfolio_pct": 1.1,
   "previous_pct": 1.91,
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   "share_change_pct": -45.5,
   "quarters_held": 7
  },
  {
   "company": "Aon",
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   "value_usd": 381864415,
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   "previous_pct": 0.98,
   "change": "ADD",
   "share_change_pct": 5.9,
   "quarters_held": 4
  },
  {
   "company": "CVS Health",
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   "sector": "Consumer staples",
   "value_usd": 378974695,
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   "portfolio_pct": 1.08,
   "previous_pct": null,
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   "share_change_pct": null,
   "quarters_held": 1
  },
  {
   "company": "Fedex Freight Holding",
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   "moatshark_slug": "fdxf",
   "sector": "Industrials",
   "value_usd": 357361734,
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   "previous_pct": null,
   "change": "NEW",
   "share_change_pct": null,
   "quarters_held": 1
  },
  {
   "company": "Intercontinental Exchange",
   "ticker": "ICE",
   "moatshark_slug": "ice",
   "sector": "Financials",
   "value_usd": 341893459,
   "shares": 2777138,
   "portfolio_pct": 0.97,
   "previous_pct": 2.13,
   "change": "REDUCE",
   "share_change_pct": -42.6,
   "quarters_held": 3
  },
  {
   "company": "Morgan Stanley",
   "ticker": "MS",
   "moatshark_slug": "ms",
   "sector": "Financials",
   "value_usd": 339186841,
   "shares": 1622593,
   "portfolio_pct": 0.97,
   "previous_pct": null,
   "change": "NEW",
   "share_change_pct": null,
   "quarters_held": 1
  },
  {
   "company": "Home Depot",
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   "moatshark_slug": "hd",
   "sector": "Consumer discretionary",
   "value_usd": 324675445,
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   "portfolio_pct": 0.93,
   "previous_pct": 0.46,
   "change": "ADD",
   "share_change_pct": 82.6,
   "quarters_held": 2
  },
  {
   "company": "TIC Solutions",
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   "sector": "Industrials",
   "value_usd": 289820707,
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   "portfolio_pct": 0.83,
   "previous_pct": 0.66,
   "change": "HOLD",
   "share_change_pct": 0,
   "quarters_held": 6
  },
  {
   "company": "Qualcomm",
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   "moatshark_slug": "qcom",
   "sector": "Technology",
   "value_usd": 279806246,
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   "portfolio_pct": 0.8,
   "previous_pct": null,
   "change": "NEW",
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   "quarters_held": 1
  },
  {
   "company": "Aptiv",
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   "sector": "Consumer discretionary",
   "value_usd": 279456204,
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   "change": "NEW",
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   "quarters_held": 1
  },
  {
   "company": "Reddit",
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   "moatshark_slug": "rddt",
   "sector": "Technology",
   "value_usd": 271742614,
   "shares": 1565518,
   "portfolio_pct": 0.77,
   "previous_pct": 0.96,
   "change": "REDUCE",
   "share_change_pct": -38.6,
   "quarters_held": 2
  },
  {
   "company": "Hasbro",
   "ticker": "HAS",
   "moatshark_slug": "has",
   "sector": "Consumer discretionary",
   "value_usd": 256623235,
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   "previous_pct": 0.98,
   "change": "REDUCE",
   "share_change_pct": -16.9,
   "quarters_held": 2
  },
  {
   "company": "Avalonbay Cmntys",
   "ticker": "AVBC",
   "moatshark_slug": "avbc",
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   "value_usd": 252803466,
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   "portfolio_pct": 0.72,
   "previous_pct": null,
   "change": "NEW",
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   "quarters_held": 1
  },
  {
   "company": "Dick's Sporting Goods",
   "ticker": "DKS",
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   "sector": "Consumer discretionary",
   "value_usd": 250882253,
   "shares": 1106134,
   "portfolio_pct": 0.72,
   "previous_pct": 0.7,
   "change": "REDUCE",
   "share_change_pct": -12.5,
   "quarters_held": 3
  },
  {
   "company": "Snowflake",
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   "sector": "Technology",
   "value_usd": 244355121,
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  },
  {
   "company": "Equitable Holdings",
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   "moatshark_slug": "eqh",
   "sector": "Insurance",
   "value_usd": 236903556,
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   "change": "NEW",
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   "quarters_held": 1
  },
  {
   "company": "Take-Two Interactive Softwar",
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   "moatshark_slug": "ttwo",
   "sector": "Communication and media",
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   "change": "NEW",
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   "quarters_held": 1
  },
  {
   "company": "Tesla",
   "ticker": "TSLA",
   "moatshark_slug": "tsla",
   "sector": "Consumer discretionary",
   "value_usd": 230411410,
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   "change": "REDUCE",
   "share_change_pct": -78,
   "quarters_held": 6
  },
  {
   "company": "Allegheny Technologies",
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   "moatshark_slug": "ati",
   "sector": "Materials",
   "value_usd": 227429748,
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   "portfolio_pct": 0.65,
   "previous_pct": 1.36,
   "change": "REDUCE",
   "share_change_pct": -65.4,
   "quarters_held": 2
  },
  {
   "company": "Roivant Sciences",
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   "sector": "Health care",
   "value_usd": 221947217,
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   "portfolio_pct": 0.63,
   "previous_pct": 0.52,
   "change": "REDUCE",
   "share_change_pct": -5.7,
   "quarters_held": 19
  },
  {
   "company": "Space Exploration Technologies",
   "ticker": "SPCX",
   "moatshark_slug": "spcx",
   "sector": "Technology",
   "value_usd": 205032000,
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   "portfolio_pct": 0.58,
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   "change": "NEW",
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   "quarters_held": 1
  },
  {
   "company": "Amer Sports",
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   "moatshark_slug": "as",
   "sector": "Consumer discretionary",
   "value_usd": 201495238,
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   "portfolio_pct": 0.57,
   "previous_pct": 0.67,
   "change": "REDUCE",
   "share_change_pct": -18.1,
   "quarters_held": 6
  },
  {
   "company": "Veradermics",
   "ticker": "MANE",
   "moatshark_slug": "mane",
   "sector": "Health care",
   "value_usd": 191970072,
   "shares": 1561494,
   "portfolio_pct": 0.55,
   "previous_pct": 0.3,
   "change": "REDUCE",
   "share_change_pct": -7.6,
   "quarters_held": 2
  },
  {
   "company": "Medline",
   "ticker": "MDLN",
   "moatshark_slug": "mdln",
   "sector": "Health care",
   "value_usd": 190932195,
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   "portfolio_pct": 0.54,
   "previous_pct": 1.42,
   "change": "REDUCE",
   "share_change_pct": -57.7,
   "quarters_held": 3
  },
  {
   "company": "BCE",
   "ticker": "BCE",
   "moatshark_slug": "bce",
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