Viking Holdings

VIK • NYSE

Viking Holdings is a travel services company in the consumer cyclical sector on NYSE, led by Torstein Hagen, with a market cap of $31.1B. As of Q3 2025, 45% of shares are held by 368 institutional investors, with Capital Research Global Investors as the largest holder at 6.79%.

CEOTorstein Hagen

Market Cap$31.1B

Travel Services

Consumer Cyclical

Employees9.5K

Websiteviking.com

Overview

Overview of institutional ownership in VIK as of Q3 2025 with a market cap of $27.6B

All Institutions

Institutions: 368
Value Held: $12.5B
Shares Held: 200.6M
Avg Position: $33.9M
Median Position: $1.0M

Hedge Funds

Hedge Funds: 56
Value Held: $2.6B
Shares Held: 42.3M
Avg Position: $47.0M
Median Position: $6.8M

Ownership Breakdown

Institutional (non-HF)

35.68%

$9.8B

Hedge Funds

9.54%

$2.6B

Retail & Other

54.78%

$15.1B

Based on market cap of $27.6B as of Q3 2025. Institutional (non-HF) excludes hedge funds to avoid double counting.

Biggest Investors

Institutions with the largest positions in VIK as of Q3 2025

Institution	Key People	Position Value	Ownership	Owned Since	Total AUM (Long)
Capital Research Global Investors RIA/Wealth	Maria Alejandra Herrera CIO	$1.9B 0.35% of portfolio	6.79% 30.1M shares	Q2 2024 Held for 1y 6m	$532.36B
C CANADA PENSION PLAN INVESTMENT BOARD Institution	-	$1.6B 1.10% of portfolio	5.67% 25.1M shares	Q2 2024 Held for 1y 6m	$142.43B
Select Equity Group, L.P. Hedge Fund•Multi-Strategy	George Stabler Loening Chairman	$952.2M 3.91% of portfolio	3.45% 15.3M shares	Q2 2024 Held for 1y 6m	$24.4B
Invesco Ltd. ETF Provider	Brian Christopher Hartigan CEO	$873.2M 0.14% of portfolio	3.17% 14.0M shares	Q4 2024 Held for 1 year	$633.08B
T T. Rowe Price Investment Management, Inc. Insurance Manager	John Edward Robison President	$782.5M 0.48% of portfolio	2.84% 12.6M shares	Q2 2024 Held for 1y 6m	$161.58B
FMR LLC Institution	-	$774.5M 0.04% of portfolio	2.81% 12.5M shares	Q2 2024 Held for 1y 6m	$1.92T
FEDERATED INVESTORS INC /PA/ Long Only Manager	Gregory Philip Dulski Chairman	$526.8M 0.93% of portfolio	1.91% 8.5M shares	Q3 2024 Held for 1y 3m	$56.6B
MASSACHUSETTS FINANCIAL SERVICES CO /MA/ Long Only Manager	Edward Murray Maloney CEO	$504.6M 0.16% of portfolio	1.83% 8.1M shares	Q2 2024 Held for 1y 6m	$322.72B
BlackRock, Inc. Institution	Laurence D. Fink CEO	$307.6M 0.01% of portfolio	1.12% 4.9M shares	Q3 2024 Held for 1y 3m	$5.67T
Holocene Advisors, LP Hedge Fund•Long/Short	John Brandon Haley CIO	$286.8M 0.66% of portfolio	1.04% 4.6M shares	Q2 2024 Held for 1y 6m	$43.5B

Net Capital Flow

Institutional buying and selling activity for VIK in Q3 2025

Traded: +$411.2M
Buyers: 232
Sellers: 142
Total Bought: +$2.0B
Total Sold: −$1.6B
Avg Position: $30.4M

Biggest Buyers

Institution	Net Bought	Current Position
FEDERATED INVESTORS INC /PA/ Long Only Manager	+$417.4M +6.7M shares	$526.8M 8.5M shares
FMR LLC Institution	+$330.6M +5.3M shares	$774.5M 12.5M shares
MASSACHUSETTS FINANCIAL SERVICES CO /MA/ Long Only Manager	+$224.8M +3.6M shares	$504.6M 8.1M shares
Invesco Ltd. ETF Provider	+$215.8M +3.5M shares	$873.2M 14.0M shares
AQR CAPITAL MANAGEMENT LLC Hedge Fund•Multi-Strategy	+$66.0M +1.1M shares	$66.0M 1.1M shares
CONGRESS ASSET MANAGEMENT CO /MA Long Only Manager	+$65.0M +1.0M shares	$65.0M 1.0M shares
Artisan Partners Limited Partnership Long Only Manager	+$46.3M +745.5K shares	$183.0M 2.9M shares
TWO SIGMA INVESTMENTS LLC Hedge Fund•Multi-Strategy	+$37.4M +600.9K shares	$167.3M 2.7M shares
MILLENNIUM MANAGEMENT LLC Hedge Fund•Multi-Strategy	+$35.7M +573.6K shares	$52.3M 841.5K shares
TWO SIGMA ADVISERS, LLC Hedge Fund•Multi-Strategy	+$35.3M +567.7K shares	$197.7M 3.2M shares

Biggest Sellers

Institution	Net Sold	Current Position
C CANADA PENSION PLAN INVESTMENT BOARD Institution	−$385.4M −6.2M shares	$1.6B 25.1M shares
Select Equity Group, L.P. Hedge Fund•Multi-Strategy	−$159.2M −2.6M shares	$952.2M 15.3M shares
Point72 Asset Management, L.P. Hedge Fund•Multi-Strategy	−$154.9M −2.5M shares	$31.2M 502.3K shares
Capital Research Global Investors RIA/Wealth	−$131.8M −2.1M shares	$1.9B 30.1M shares
Holocene Advisors, LP Hedge Fund•Long/Short	−$67.9M −1.1M shares	$286.8M 4.6M shares
D D1 Capital Partners L.P. Hedge Fund•Long/Short	−$61.3M −1.2M shares	Sold Off 0 shares
S STEADFAST CAPITAL MANAGEMENT LP Hedge Fund•Long/Short	−$51.8M −972.6K shares	Sold Off 0 shares
GOLDMAN SACHS GROUP INC Institution	−$45.2M −726.9K shares	$22.6M 363.9K shares
MANE GLOBAL CAPITAL MANAGEMENT LP Hedge Fund•Long/Short	−$31.8M −511.0K shares	$33.9M 545.9K shares
T TEACHER RETIREMENT SYSTEM OF TEXAS Institution	−$29.2M −547.7K shares	Sold Off 0 shares

Entry and Exit Activity

Institutions that initiated new positions or completely exited VIK in Q3 2025

New Positions: 99
New Value: $274.1M
Exited Positions: 42
Exited Value: $280.0M

New Positions

Institution	Position Value
CONGRESS ASSET MANAGEMENT CO /MA Long Only Manager	$65.0M 1.0M shares
A AGF MANAGEMENT LTD Institution	$28.0M 451.1K shares
I ING GROEP NV Institution	$23.9M 384.4K shares
BANK OF NOVA SCOTIA / Institution	$22.5M 362.6K shares
MARSICO CAPITAL MANAGEMENT LLC Long Only Manager	$21.1M 339.2K shares
C CALIFORNIA PUBLIC EMPLOYEES RETIREMENT SYSTEM Institution	$17.1M 275.6K shares
Galvin, Gaustad & Stein, LLC RIA/Wealth	$14.6M 235.1K shares
NICHOLAS CO INC /WI Long Only Manager	$8.9M 143.8K shares
Numerai GP LLC Hedge Fund•Quant	$7.5M 120.0K shares
Empowered Funds, LLC ETF Provider	$6.8M 110.1K shares

Exited Positions

Institution	Previous Position
D D1 Capital Partners L.P. Hedge Fund•Long/Short	$61.3M 1.2M shares
S STEADFAST CAPITAL MANAGEMENT LP Hedge Fund•Long/Short	$51.8M 972.6K shares
T TEACHER RETIREMENT SYSTEM OF TEXAS Institution	$29.2M 547.7K shares
Interval Partners, LLC Hedge Fund•Long/Short	$24.2M 453.3K shares
D DnB Asset Management AS Institution	$21.2M 397.5K shares
Marshall Wace LLP Institution	$20.6M 386.2K shares
R Railway Pension Investments Ltd Institution	$17.0M 319.4K shares
Ghisallo Capital Management LLC Hedge Fund•Multi-Strategy	$13.3M 250.0K shares
Schonfeld Strategic Advisors LLC Hedge Fund•Multi-Strategy	$8.7M 163.5K shares
DISCOVERY CAPITAL MANAGEMENT, LLC / CT Hedge Fund•Global Macro	$5.3M 100.0K shares

Options Activity

Institutions with the largest Call and Put options positions in VIK as of Q3 2025

Call Positions: 8
Call Value: $32.9M
Put Positions: 8
Put Value: $27.1M

Call Positions

Institution	Position Value
SUSQUEHANNA INTERNATIONAL GROUP, LLP Private Equity	$15.9M 2.6K contracts
CITADEL ADVISORS LLC Hedge Fund•Multi-Strategy	$7.5M 1.2K contracts
J JANE STREET GROUP, LLC Institution	$4.6M 733.0 contracts
W WOLVERINE TRADING, LLC Institution	$1.8M 288.0 contracts
P PEAK6 LLC Institution	$982.1K 158.0 contracts
Walleye Trading Advisors, LLC Hedge Fund•Multi-Strategy	$944.8K 152.0 contracts
Walleye Trading LLC RIA/Wealth	$696.2K 112.0 contracts
TUDOR INVESTMENT CORP ET AL Hedge Fund•Multi-Strategy	$534.6K 86.0 contracts

Put Positions

Institution	Position Value
SUSQUEHANNA INTERNATIONAL GROUP, LLP Private Equity	$15.5M 2.5K contracts
CITADEL ADVISORS LLC Hedge Fund•Multi-Strategy	$6.7M 1.1K contracts
W WOLVERINE TRADING, LLC Institution	$1.8M 292.0 contracts
J JANE STREET GROUP, LLC Institution	$1.7M 274.0 contracts
Walleye Trading LLC RIA/Wealth	$640.2K 103.0 contracts
Walleye Trading Advisors, LLC Hedge Fund•Multi-Strategy	$422.7K 68.0 contracts
TUDOR INVESTMENT CORP ET AL Hedge Fund•Multi-Strategy	$292.2K 47.0 contracts
F FNY Investment Advisers, LLC Hedge Fund•Multi-Strategy	$2.1K 0.3 contracts

Most Committed Institutions

Institutions with VIK as the highest % of their portfolio as of Q3 2025

Institution	Key People	Portfolio Weight	Ownership	Owned Since	Total AUM (Long)
F Forest Avenue Capital Management LP Hedge Fund•Long/Short	Tarigh Nmn Yusufi Founder	15.85% $220.5M	0.80% 3.5M shares	Q2 2024 Held for 1y 6m	$1.4B
C Crestwood Capital Management, L.P. Hedge Fund•Long/Short	Michael Roy Weisberg Managing Partner	14.78% $21.2M	0.08% 341.5K shares	Q2 2024 Held for 1y 6m	$143.6M
Teca Partners, LP Hedge Fund•Long/Short	Fernando Vigil CIO	12.22% $19.4M	0.07% 311.6K shares	Q2 2025 Held for 6 months	$158.5M
ThornTree Capital Partners LP Hedge Fund•Long/Short	Mark Christopher Moore CIO	5.90% $38.5M	0.14% 620.0K shares	Q2 2024 Held for 1y 6m	$653.4M
F FACT Capital, LP Hedge Fund•Long/Short	Gretchen Jing Guo Managing Partner	5.70% $11.0M	0.04% 176.2K shares	Q4 2024 Held for 1 year	$192.3M
Renaissance Capital LLC ETF Provider	William Kevin Smith CEO	5.23% $9.3M	0.03% 149.4K shares	Q2 2024 Held for 1y 6m	$177.7M
Westend Capital Management LLC Hedge Fund•Multi-Strategy	George Brown Bolton CIO	5.07% $17.4M	0.06% 279.7K shares	Q3 2024 Held for 1y 3m	$343.2M
1 140 Summer Partners LP Hedge Fund•Multi-Strategy	Peter Watkins Rosenblum CIO	4.59% $54.5M	0.20% 876.7K shares	Q3 2024 Held for 1y 3m	$1.2B
K KADENSA CAPITAL Ltd Institution	-	3.94% $37.8M	0.14% 607.9K shares	Q3 2024 Held for 1y 3m	$959.1M
Select Equity Group, L.P. Hedge Fund•Multi-Strategy	George Stabler Loening Chairman	3.91% $952.2M	3.45% 15.3M shares	Q2 2024 Held for 1y 6m	$24.4B

Hedge Fund Spotlight

Discover hedge funds investing in VIK

Teca Partners, LP

Hedge Fund • Long/Short

Portfolio ManagerFernando Vigil

Portfolio Value: $158.5M
Positions: 11
Last Reported: Q3 2025

Sector Allocation

Position in Viking Holdings

Market Value: $19.4M
Shares Held: 311.6K
Portfolio Weight: 12.22%
Owned Since: 2025-Q2

Top Holding	Sector	Market Value	Weight
1 Guidewire Software GWRE	Software - Application Technology	$24.4M	15.39%
2 Viking Holdings VIK	Travel Services Consumer Cyclical	$19.4M	12.22%
3 Option Care Health, Inc. OPCH	Medical - Care Facilities Healthcare	$17.1M	10.76%