Institutional 13F · Context Only · Never a Buy List机构 13F · 仅供背景参考 · 非买入清单
Viking Global (Halvorsen)
tiger_crossover
C
Reliability improving可靠性走强
leaderboard rank榜单排名 #32
Book持仓规模
$35.7B
long US listed only仅美股多头
Positions持仓数
77
94% resolved已解析
Top-10 concentration前十集中度
35%
% of book占组合%
Turnover换手
MED
31.7% per quarter每季
Median excess中位超额
-17%
buys vs SPY, since filing买入相对SPY，自申报起 · n 406
Hit rate胜率
33%
share of buys beating SPY跑赢SPY的买入占比
Core lean — the 10-second read核心倾向 — 10秒速读
Core lean: Financials (Equal-Weight) — added V, JPM, CB, AON, PGR… (+12.3pp of book this quarter)核心倾向：金融（等权） — 本季度加仓 V、JPM、CB、AON、PGR…（占组合 +12.3pp）
Financials (Equal-Weight)金融（等权）
+12.3pp
21.3% of book held占组合持有
· 13 names标的
· US Sectors (EW)
V
JPM
CB
AON
PGR
AIG
CBOE
IBKR
Industrials (Equal-Weight)工业（等权）
+9.6pp
11.4% of book held占组合持有
· 5 names标的
· US Sectors (EW)
FTV
CSX
LII
FDX
Consumer Discretionary (Equal-Weight)非必需消费（等权）
+8.8pp
12.7% of book held占组合持有
· 8 names标的
· US Sectors (EW)
TSLA
CVNA
GM
HAS
HD
LULU
Magnificent Seven七巨头
+6.8pp
11.9% of book held占组合持有
· 6 names标的
· AI & Technology
TSLA
AAPL
META
Payments & Fintech支付与金融科技
+5.3pp
6.2% of book held占组合持有
· 2 names标的
· Financials
V
Communication Services (Equal-Weight)通信服务（等权）
+5.3pp
9.0% of book held占组合持有
· 4 names标的
· US Sectors (EW)
DISMETA
Descriptive read of the latest filing — themes clustered from curated baskets (Finviz fallback), added-pp = Σ % of book bought this quarter. Not a forecast.基于最新申报的描述性解读——主题按精选篮子聚类（Finviz 兜底），added-pp = 本季度买入占组合百分比之和。非预测。
Grade & excess history评级与超额历史
per-quarter buy cohorts, scored on public filing dates vs SPY — descriptive ranks in a curated survivor cohort按季度买入队列，以公开申报日为锚相对SPY评分——精选幸存者队列中的描述性排名Reliability可靠性: improving走强 · 12 scored quarters已评分季度 · 8% positive为正 · recent-4 median近4季中位 -8% vs all-time对全期 -22%
Median excess by quarter各季度中位超额: ▂▂▂▂▅▁▂▄▄▅▆█ (oldest → newest, shifted by the series minimum so negatives render由旧到新，按序列最小值平移以呈现负值)
| Quarter季度 | Buys买入数 | Median excess中位超额 | Hit胜率 | Median fwd 63d中位前瞻63日 |
|---|---|---|---|---|
| 2023-06-30 | 30 | -30% | 37% | -1% |
| 2023-09-30 | 30 | -28% | 30% | +7% |
| 2023-12-31 | 36 | -32% | 19% | -2% |
| 2024-03-31 | 31 | -30% | 23% | -5% |
| 2024-06-30 | 41 | -11% | 42% | +2% |
| 2024-09-30 | 33 | -40% | 21% | -1% |
| 2024-12-31 | 41 | -28% | 24% | -2% |
| 2025-03-31 | 35 | -15% | 29% | -4% |
| 2025-06-30 | 40 | -16% | 30% | -7% |
| 2025-09-30 | 30 | -10% | 27% | -0% |
| 2025-12-31 | 27 | -6% | 37% | -6% |
| 2026-03-31 | 32 | +7% | 78% | — |
Sector exposure & rotation行业配置与轮动
value-weighted, latest filing; QoQ deltas vs prior quarter按市值加权，最新申报；季度环比变化对上季Current weights当前权重 · 2026-03-31
Financial
21.3%
▲ +0.6pp
Unclassified
20.0%
▼ -4.6pp
Industrials
15.0%
▲ +4.5pp
Consumer Cyclical
12.7%
▲ +1.0pp
Communication Services
9.0%
▲ +1.3pp
Basic Materials
6.1%
▲ +0.3pp
Healthcare
5.3%
▲ +0.6pp
Technology
4.9%
▼ -1.3pp
Real Estate
2.9%
▼ -0.8pp
Health Care
1.6%
▲ +0.3pp
Consumer Discretionary
0.7%
▼ -1.8pp
Information Technology
0.4%
▼ -0.0pp
Theme categories主题类别
US Sectors (EW) 42.1%
Financials 12.3%
AI & Technology 12.2%
Consumer Cyclical 6.0%
Industrials & Defense 1.8%
Healthcare 0.3%
Rotating into (QoQ)轮入（环比）
Industrials +4.5pp
Communication Services +1.3pp
Consumer Cyclical +1.0pp
Rotating out of (QoQ)轮出（环比）
Consumer Discretionary -1.8pp
Technology -1.3pp
Real Estate -0.8pp
Quarter history — top-3 sectors季度历史 — 前三大行业
| 2026-03-31 | Financial 21% · Unclassified 20% · Industrials 15% |
| 2025-12-31 | Unclassified 25% · Financial 21% · Consumer Cyclical 12% |
| 2025-09-30 | Financial 25% · Unclassified 20% · Consumer Cyclical 12% |
| 2025-06-30 | Financial 25% · Unclassified 18% · Consumer Cyclical 15% |
| 2025-03-31 | Financial 27% · Unclassified 18% · Consumer Cyclical 11% |
| 2024-12-31 | Financial 28% · Technology 16% · Unclassified 15% |
| 2024-09-30 | Financial 23% · Technology 21% · Unclassified 17% |
| 2024-06-30 | Technology 23% · Unclassified 14% · Consumer Cyclical 13% |
| 2024-03-31 | Financial 18% · Unclassified 16% · Technology 14% |
| 2023-12-31 | Financial 19% · Industrials 18% · Unclassified 17% |
| 2023-09-30 | Industrials 16% · Financial 15% · Unclassified 14% |
| 2023-06-30 | Unclassified 19% · Technology 14% · Industrials 14% |
Full book完整持仓
every resolved position as filed — click a column header to sort. Conviction is a descriptive composite, not a forecast.截至申报日的全部已解析持仓——点击列头排序。信念分为描述性综合指标，非预测。72 positions shown项持仓 · resolved已解析 72/77 (94%) · unresolved CUSIPs are excluded from this table but counted in book totals未解析CUSIP不列入本表，但计入组合总额
| #↕ | Ticker标的 ↕ | Company公司 ↕ | % book仓位% ↕ | Value金额 ↕ | Action动作 ↕ | Δ sharesΔ股数 ↕ | Add streak连加季数 ↕ | Conviction信念分 ↕ | Sector行业 ↕ | Themes主题 | Since filing自申报 ↕ |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | V |
Visa Inc | 5.3% | $1.9B | add | +59% | 3q | 85 · HIGH | Financial | Payments & Fintech, Financials (Equal-Weight) | +11% |
| 2 |  TSM |
Taiwan Semiconductor Manufac | 4.2% | $1.5B | hold | -9% | — | 70 · MODERATE | — | Compute, Compute, Foundries | +0% |
| 3 |  SCHW |
Schwab Charles Corp | 3.9% | $1.4B | hold | +6% | — | 69 · MODERATE | Financial | Financials (Equal-Weight) | +11% |
| 4 | DIS |
Disney Walt Co | 3.6% | $1.3B | add | +19% | 1q | 74 · HIGH | Communication Services | Communication Services (Equal-Weight) | -4% |
| 5 | FTV |
Fortive Corp | 3.5% | $1.2B | add | +17% | 1q | 73 · HIGH | Industrials | Industrials (Equal-Weight) | +1% |
| 6 |  APD |
Air Products And Chemicals I | 3.3% | $1.2B | trim | -14% | — | 68 · MODERATE | Basic Materials | Materials (Equal-Weight) | -3% |
| 7 |  MCD |
Mcdonalds Corp | 3.1% | $1.1B | hold | +0% | — | 67 · MODERATE | Consumer Cyclical | Consumer Discretionary (Equal-Weight) | -2% |
| 8 |  SHW |
Sherwin Williams Co | 2.8% | $998M | hold | -2% | — | 67 · MODERATE | Basic Materials | Housing Chain, Materials (Equal-Weight) | +11% |
| 9 | TSLA |
Tesla Inc | 2.6% | $927M | add | +47% | 1q | 71 · HIGH | Consumer Cyclical | Magnificent Seven, Consumer Discretionary (Equal-Weight) | -9% |
| 10 | AAPL |
Apple Inc | 2.5% | $912M | new | — | 1q | 81 · HIGH | Technology | Magnificent Seven, Technology (Equal-Weight) | +9% |
| 11 |  BBIO |
Bridgebio Pharma Inc | 2.5% | $879M | trim | -18% | — | 50 · MODERATE | — | — | +20% |
| 12 | CVNA |
Carvana Co | 2.4% | $874M | add | +162% | 1q | 55 · MODERATE | Consumer Cyclical | Consumer Discretionary (Equal-Weight) | +4% |
| 13 |  MSFT |
Microsoft Corp | 2.4% | $855M | trim | -28% | — | 49 · MODERATE | Technology | Magnificent Seven, AI Software & Platforms, Quantum Computing | -6% |
| 14 |  TMO |
Thermo Fisher Scientific Inc | 2.3% | $820M | add | +110% | 2q | 59 · MODERATE | Healthcare | Health Care (Equal-Weight) | +22% |
| 15 | JPM |
Jpmorgan Chase & Co | 2.2% | $795M | add | +42% | 1q | 53 · MODERATE | Financial | Financials (Equal-Weight) | +14% |
| 16 | CSX |
Csx Corp | 2.1% | $767M | add | +35% | 1q | 53 · MODERATE | Industrials | Industrials (Equal-Weight) | +10% |
| 17 |  ICE |
Intercontinental Exchange In | 2.1% | $761M | hold | +1% | — | 47 · MODERATE | Financial | Financials (Equal-Weight) | -9% |
| 18 | LII |
Lennox Intl Inc | 2.0% | $730M | add | +153% | 2q | 57 · MODERATE | Industrials | Housing Chain, Industrials (Equal-Weight) | +8% |
| 19 |  GOOGL |
Alphabet Inc | 1.9% | $689M | trim | -10% | — | 46 · MODERATE | Communication Services | Magnificent Seven, AI Software & Platforms, Quantum Computing | -12% |
| 20 | FDX |
Fedex Corp | 1.9% | $688M | new | — | 1q | 41 · LOW | Industrials | Industrials (Equal-Weight) | +1% |
| 21 | GM |
General Mtrs Co | 1.9% | $684M | add | +35% | 1q | 50 · MODERATE | Consumer Cyclical | Consumer Discretionary (Equal-Weight) | +2% |
| 22 |  BA |
Boeing Co | 1.8% | $636M | trim | -19% | — | 45 · LOW | Industrials | Defense & Aerospace, Industrials (Equal-Weight) | -4% |
| 23 |  PNC |
Pnc Finl Svcs Group Inc | 1.8% | $630M | trim | -58% | — | 44 · LOW | Financial | Regional Banks, Financials (Equal-Weight) | +18% |
| 24 |  TMUS |
T-Mobile Us Inc | 1.7% | $623M | trim | -21% | — | 44 · LOW | Communication Services | Communication Services (Equal-Weight) | +3% |
| 25 | META |
Meta Platforms Inc | 1.7% | $608M | new | — | 1q | 48 · MODERATE | Communication Services | Magnificent Seven, AI Software & Platforms, Communication Services (Equal-Weight) | +7% |
| 26 |  RRX |
Regal Rexnord Corporation | 1.6% | $589M | hold | -2% | — | 43 · LOW | Industrials | Automation | +6% |
| 27 |  MAA |
Mid-Amer Apt Cmntys Inc | 1.6% | $586M | add | +24% | 3q | 57 · MODERATE | Real Estate | Real Estate (Equal-Weight) | +3% |
| 28 |  MDLN |
Medline Inc | 1.4% | $509M | add | +64% | 2q | 52 · MODERATE | — | — | — |
| 29 |  HCA |
Hca Healthcare Inc | 1.4% | $509M | hold | +8% | — | 42 · LOW | Healthcare | Health Care (Equal-Weight) | -13% |
| 30 |  ATI |
Ati Inc | 1.4% | $485M | new | — | 1q | 36 · LOW | Industrials | Manufacturing | +19% |
| 31 |  CLS |
Celestica Inc | 1.3% | $466M | hold | -3% | — | 30 · LOW | — | — | — |
| 32 |  CPT |
Camden Ppty Tr | 1.3% | $461M | hold | -1% | — | 30 · LOW | Real Estate | Real Estate (Equal-Weight) | +7% |
| 33 | CB |
Chubb Ltd Switz | 1.2% | $422M | add | +28% | 2q | 39 · LOW | Financial | Insurance & Brokers, Financials (Equal-Weight) | +5% |
| 34 |  ADPT |
Adaptive Biotechnologies Cor | 1.2% | $416M | hold | +0% | — | 29 · LOW | — | — | — |
| 35 |  BMRN |
Biomarin Pharmaceutical Inc | 1.1% | $399M | add | +17% | 1q | 34 · LOW | Health Care | — | +12% |
| 36 |  SE |
Sea Ltd | 1.1% | $392M | add | +29% | 2q | 38 · LOW | — | — | +19% |
| 37 |  WAT |
Waters Corp | 1.1% | $374M | new | — | 1q | 22 · LOW | Healthcare | Health Care (Equal-Weight) | +12% |
| 38 |  CCL1EUR |
Carnival Corp | 1.0% | $355M | hold | -2% | — | 27 · LOW | — | — | — |
| 39 | AON |
Aon Plc | 1.0% | $351M | add | +39% | 1q | 32 · LOW | Financial | Insurance & Brokers, Financials (Equal-Weight) | +10% |
| 40 | HAS |
Hasbro Inc | 1.0% | $350M | new | — | 1q | 22 · LOW | Consumer Cyclical | Consumer Discretionary (Equal-Weight) | -17% |
| 41 |  RDDT |
Reddit Inc | 1.0% | $344M | new | — | 1q | 31 · LOW | — | Networks, Advertising, Niche | +16% |
| 42 | PGR |
Progressive Corp | 0.9% | $320M | add | +21% | 2q | 35 · LOW | Financial | Insurance & Brokers, Financials (Equal-Weight) | +2% |
| 43 | AIG |
American Intl Group Inc | 0.9% | $318M | new | — | 1q | 30 · LOW | Financial | Insurance & Brokers, Financials (Equal-Weight) | -1% |
| 44 |  COF |
Capital One Finl Corp | 0.8% | $294M | trim | -45% | — | 24 · LOW | Financial | Payments & Fintech, Financials (Equal-Weight) | +12% |
| 45 |  DKS |
Dicks Sporting Goods Inc | 0.7% | $251M | trim | -51% | — | 24 · LOW | Consumer Discretionary | Retail | -5% |
| 46 |  AMZN |
Amazon Com Inc | 0.7% | $249M | trim | -62% | — | 24 · LOW | Consumer Cyclical | Magnificent Seven, Consumer Discretionary (Equal-Weight) | -7% |
| 47 |  APG |
Api Group Corp | 0.7% | $237M | trim | -49% | — | 23 · LOW | Industrials | — | -7% |
| 48 |  TIC |
Tic Solutions Inc | 0.7% | $236M | hold | +4% | — | 23 · LOW | — | — | — |
| 49 | CBOE |
Cboe Global Mkts Inc | 0.5% | $193M | new | — | 1q | 27 · LOW | Financial | Financials (Equal-Weight) | -26% |
| 50 |  ROIV |
Roivant Sciences Ltd | 0.5% | $184M | hold | +3% | — | 21 · LOW | Health Care | — | +17% |
| 51 | HD |
Home Depot Inc | 0.5% | $166M | new | — | 1q | 16 · LOW | Consumer Cyclical | Housing Chain, Retail, Consumer Discretionary (Equal-Weight) | +16% |
| 52 |  AJG |
Gallagher Arthur J & Co | 0.4% | $158M | trim | -30% | — | 20 · LOW | Financial | Insurance & Brokers, Financials (Equal-Weight) | +22% |
| 53 | LULU |
Lululemon Athletica Inc | 0.4% | $150M | new | — | 1q | 25 · LOW | Consumer Cyclical | Consumer Discretionary (Equal-Weight) | -4% |
| 54 |  ORKA |
Oruka Therapeutics Inc | 0.4% | $131M | hold | +0% | — | 19 · LOW | — | — | — |
| 55 |  SION |
Sionna Therapeutics Inc | 0.4% | $128M | hold | +0% | — | 19 · LOW | — | — | — |
| 56 |  CRWV |
Coreweave Inc | 0.3% | $108M | new | — | 1q | 13 · LOW | — | AI Infrastructure, AI Neoclouds & HPC Hosting | -34% |
| 57 |  MANE |
Veradermics Inc | 0.3% | $107M | new | — | 1q | 13 · LOW | — | — | — |
| 58 |  WST |
West Pharmaceutical Svsc Inc | 0.3% | $105M | add | +41% | 2q | 27 · LOW | Healthcare | GLP-1 & Obesity, Health Care (Equal-Weight) | +16% |
| 59 |  INBX |
Inhibrx Biosciences Inc | 0.3% | $97M | hold | +0% | — | 17 · LOW | — | — | — |
| 60 | IBKR |
Interactive Brokers Group In | 0.3% | $94M | new | — | 1q | 11 · LOW | Financial | Financials (Equal-Weight) | +10% |
| 61 |  RAL |
Ralliant Corp | 0.2% | $89M | trim | -32% | — | 16 · LOW | Information Technology | — | +12% |
| 62 |  EW |
Edwards Lifesciences Corp | 0.2% | $88M | new | — | 1q | 21 · LOW | Healthcare | Health Care (Equal-Weight) | +6% |
| 63 |  ORIC |
Oric Pharmaceuticals Inc | 0.2% | $74M | trim | -11% | — | 15 · LOW | — | — | — |
| 64 |  DMRA |
Damora Therapeutics Inc | 0.2% | $60M | new | — | 1q | 9 · LOW | — | — | — |
| 65 |  TWLO |
Twilio Inc | 0.2% | $57M | new | — | 1q | 19 · LOW | Information Technology | PaaS, CRM, Collaboration | +3% |
| 66 |  LAB |
Standard Biotools Inc | 0.1% | $54M | hold | +0% | — | 13 · LOW | — | — | — |
| 67 |  TRVI |
Trevi Therapeutics Inc | 0.1% | $38M | hold | +0% | — | 13 · LOW | — | — | — |
| 68 |  DNA |
Ginkgo Bioworks Holdings Inc | 0.1% | $22M | hold | +0% | — | 12 · LOW | — | Alt Protein | — |
| 69 |  EQPT |
Equipmentshare Com Inc | 0.1% | $20M | new | — | 1q | 7 · LOW | — | — | — |
| 70 |  FPS |
Forgent Power Solutions Inc | 0.1% | $19M | new | — | 1q | 6 · LOW | — | — | — |
| 71 |  PEPG |
Pepgen Inc | 0.0% | $6M | hold | +0% | — | 11 · LOW | — | — | — |
| 72 |  RLYB |
Rallybio Corp | 0.0% | $5M | new | — | 1q | 6 · LOW | — | — | — |
Rotation detail轮动明细
this filing cycle, uncapped — adds/new and trims from the resolved book, exits from the rotation feed本申报周期，不设上限——新建/加仓与减持取自已解析持仓，清仓取自轮动数据Rotated into轮入 (38)
| V add |
5.3% | +11% |
| DIS add |
3.6% | -4% |
| FTV add |
3.5% | +1% |
| TSLA add |
2.6% | -9% |
| AAPL new |
2.5% | +9% |
| CVNA add |
2.4% | +4% |
| TMO add |
2.3% | +22% |
| JPM add |
2.2% | +14% |
| CSX add |
2.1% | +10% |
| LII add |
2.0% | +8% |
| FDX new |
1.9% | +1% |
| GM add |
1.9% | +2% |
| META new |
1.7% | +7% |
| MAA add |
1.6% | +3% |
| MDLN add |
1.4% | — |
| ATI new |
1.4% | +19% |
| CB add |
1.2% | +5% |
| BMRN add |
1.1% | +12% |
| SE add |
1.1% | +19% |
| WAT new |
1.1% | +12% |
| AON add |
1.0% | +10% |
| HAS new |
1.0% | -17% |
| RDDT new |
1.0% | +16% |
| PGR add |
0.9% | +2% |
| AIG new |
0.9% | -1% |
| CBOE new |
0.5% | -26% |
| HD new |
0.5% | +16% |
| LULU new |
0.4% | -4% |
| CRWV new |
0.3% | -34% |
| MANE new |
0.3% | — |
| WST add |
0.3% | +16% |
| IBKR new |
0.3% | +10% |
| EW new |
0.2% | +6% |
| DMRA new |
0.2% | — |
| TWLO new |
0.2% | +3% |
| EQPT new |
0.1% | — |
| FPS new |
0.1% | — |
| RLYB new |
0.0% | — |
Rotated out of轮出 (24)
| APD trim |
-14% | -3% |
| BBIO trim |
-18% | +20% |
| MSFT trim |
-28% | -6% |
| GOOGL trim |
-10% | -12% |
| BA trim |
-19% | -4% |
| PNC trim |
-58% | +18% |
| TMUS trim |
-21% | +3% |
| COF trim |
-45% | +12% |
| DKS trim |
-51% | -5% |
| AMZN trim |
-62% | -7% |
| APG trim |
-49% | -7% |
| AJG trim |
-30% | +22% |
| RAL trim |
-32% | +12% |
| ORIC trim |
-11% | — |
 AMD exit |
-100% | +17% |
 BAC exit |
-100% | +23% |
 BSX exit |
-100% | -17% |
 CHWY exit |
-100% | -0% |
 CSGP exit |
-100% | -9% |
 DLR exit |
-100% | -9% |
 IQV exit |
-100% | +23% |
 LOW exit |
-100% | -3% |
 RIOT exit |
-100% | -21% |
 ROST exit |
-100% | +8% |
Trade log交易记录
last 40 graded trades, filing-date anchored, newest first — variable hold vs SPY最近40笔已评分交易，以申报日为锚，最新在前——持有期不定，相对SPYNo graded trades available for this fund.该基金暂无已评分交易。
Caveats注意事项 —
13F = quarterly, ~45-day lag, long-only US listed ≥$100M. No shorts, no cash, no non-US positions. This desk is context — ownership is never a directional signal here.13F = 季度披露，约45天滞后，仅含美股多头且持仓≥1亿美元。不含空头、现金或非美股仓位。本台仅为背景参考——持仓数据在此永远不是方向性信号。
Grades and reliability are descriptive ranks within a curated survivor cohort — they measure what filings did after their filing dates, not a manager-selection edge. Conviction and core-lean reads are descriptive composites earning a forward record via the pre-registered ledger (L5); sector/theme classification applies the current map to history.评级与可靠性为精选幸存者队列中的描述性排名——衡量申报日之后持仓的表现，而非经理选择能力。信念分与核心倾向为描述性综合指标，通过预注册账本（L5）积累前瞻记录；行业/主题分类将当前映射应用于历史。