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 $30.0B. As of Q3 2025, 45% of shares are held by 369 institutional investors, with Capital Research Global Investors as the largest holder at 6.79%.

CEOTorstein Hagen

Market Cap$30.0B

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: 369
Value Held: $12.5B
Shares Held: 200.6M
Avg Position: $33.8M
Median Position: $993.7K

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	Sardar Sheraz Iftikhar CEO	$1.9B 0.35% of portfolio	6.79% 30.1M shares	Q2 2024 Held for 1y 5m	$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 5m	$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 5m	$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 11 months	$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 5m	$161.58B
FMR LLC Institution	-	$774.5M 0.04% of portfolio	2.81% 12.5M shares	Q2 2024 Held for 1y 5m	$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 2m	$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 5m	$322.72B
B BlackRock, Inc. Institution	-	$307.6M 0.01% of portfolio	1.12% 4.9M shares	Q3 2024 Held for 1y 2m	$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 5m	$43.5B

Net Capital Flow

Institutional buying and selling activity for VIK in Q3 2025

Net Flow: −$324.3M
Buyers: 118
Sellers: 149
Total Bought: +$1.6B
Total Sold: −$1.9B
Avg Position: $39.9M

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
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
UBS Group AG Institution	+$30.5M +490.5K shares	$93.3M 1.5M shares
A AMERICAN CENTURY COMPANIES INC Institution	+$25.0M +402.2K shares	$79.8M 1.3M 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
CITADEL ADVISORS LLC Hedge Fund•Multi-Strategy	−$218.6M −3.5M shares	$412.1K 6.6K 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
JPMORGAN CHASE & CO Institution	−$84.2M −1.4M shares	$7.0M 112.4K 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

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: 41
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: 7
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

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 5m	$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 5m	$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 5 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 5m	$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 11 months	$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 5m	$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 2m	$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 2m	$1.2B
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 5m	$24.4B
K KADENSA CAPITAL Ltd Institution	-	3.89% $37.8M	0.14% 607.9K shares	Q3 2024 Held for 1y 2m	$971.1M