Viking Global Investors LP 13F holdings and portfolio analysis
Inicia sesión para clonar una nueva rama desde el plan seleccionado y continuar optimizando en la nueva rama.
Baseline
Mensajes de análisisPreguntas y respuestas pregeneradas sobre este fondo. Úsalas como contexto de referencia para tu propio análisis.
Following Baseline means accepting the manager's disclosed sizing almost directly. Here that means broadly spread position sizing: top 5 21.73%, top 10 37.68%, top 20 60.10%, with MSFT 4.74%, PNC 4.64%, V 4.25%, SCHW 4.22%, DIS 3.88%, APD 3.60%. The baseline result is return 14.98%, alpha 3.66%, beta 0.83, Sharpe 0.94, Sortino 1.14, max drawdown -28.25%. That is the right reference case, but it is not automatically the safest case because the largest names and sector mix (Financials 24.76%, Consumer Discretionary 21.30%, Industrials 15.34%, Health Care 10.09%) still dominate the realized path.
The period rows show the character of the baseline. The strongest relative period was 2025-09-30 (4.12% vs SPY 1.49%, excess 2.63%, turnover 59.91%); the weakest was 2025-03-31 (4.77% vs SPY 9.22%, excess -4.45%, turnover 61.76%). The latest rows (2025-03-31 (4.77% vs SPY 9.22%, excess -4.45%, turnover 61.76%); 2025-06-30 (1.36% vs SPY 4.20%, excess -2.84%, turnover 59.71%); 2025-09-30 (4.12% vs SPY 1.49%, excess 2.63%, turnover 59.91%)) show whether recent results are confirming or reversing the long-term profile.
Before accepting Baseline, I would inspect three things: whether MSFT 4.74%, PNC 4.64%, V 4.25%, SCHW 4.22% still have current theses, whether recent changes such as no large named moves and no large named moves indicate a shift, and whether max drawdown of -28.25% is acceptable for the user's risk budget.