Latest VIKING FUND MANAGEMENT LLC Stock Portfolio

VIKING FUND MANAGEMENT LLC Performance:

2024 Q4: -2.29%YTD: 5.11%2023: 3.21%

Performance for 2024 Q4 is -2.29%, and YTD is 5.11%, and 2023 is 3.21%.

About VIKING FUND MANAGEMENT LLC and 13F Hedge Fund Stock Holdings

VIKING FUND MANAGEMENT LLC is a hedge fund based in MINOT, ND. On 27-Mar-2023, the fund reported that it had an AUM (Regulated Assets under Management) of $851.4 Millions. In it's latest 13F Holdings report, VIKING FUND MANAGEMENT LLC reported an equity portfolio of $642.3 Millions as of 31 Dec, 2024.

The top stock holdings of VIKING FUND MANAGEMENT LLC are AVGO, NEE, ABBV. The fund has invested 4.4% of it's portfolio in BROADCOM INC and 3.3% of portfolio in NEXTERA ENERGY.

The fund managers got completely rid off BLACKROCK INC (BLK), DEVON ENERGY CO (DVN) and LAM RESEARCH (LRCX) stocks. They significantly reduced their stock positions in ENBRIDGE INC (ENB), UNITEDHEALTH GRP (UNH) and TARGA RESOURCES (TRGP). VIKING FUND MANAGEMENT LLC opened new stock positions in BLACKROCK INC, CITIGROUP INC (C) and LAM RESEARCH (LRCX). The fund showed a lot of confidence in some stocks as they added substantially to LYONDELLBASELL-A (LYB), DOMINION ENERGY INC (D) and AT&T INC (T).

VIKING FUND MANAGEMENT LLC Annual Return Estimates Vs S&P 500

Our best estimate is that VIKING FUND MANAGEMENT LLC made a return of -2.29% in the last quarter. In trailing 12 months, it's portfolio return was 5.11%.

New Buys

Ticker	$ Bought
blackrock inc	12,301,300
citigroup inc	9,150,700
lam research	7,728,610
cme group inc	6,130,870
dell techn-c	5,185,800
unum group	5,112,100
gulfport energy	3,684,000
conocophillips	1,983,400

New stocks bought by VIKING FUND MANAGEMENT LLC

Additions

Ticker	% Inc.
lyondellbasell-a	2,766
dominion energy inc	400
at&t inc	297
coterra energy corp	222
dow inc	200
tc energy corp	143
bristol-myer sqb	133
eqt corp	120

Additions to existing portfolio by VIKING FUND MANAGEMENT LLC

Reductions

Ticker	% Reduced
enbridge inc	-64.52
unitedhealth grp	-60.00
targa resources	-56.67
texas pacific la	-37.5
tenaris-adr	-36.84
chord energy corp	-33.33
excelerate ene-a	-28.57
array technologi	-25.00

VIKING FUND MANAGEMENT LLC reduced stake in above stock

Sold off

Ticker	$ Sold
devon energy co	-8,332,560
civitas resource	-7,752,510
cms energy corp	-4,237,800
ovintiv inc	-1,915,500
cvs health corp	-2,829,600
darling ingredie	-1,449,240
blackrock inc	-14,242,600
united micro-adr	-84,200

VIKING FUND MANAGEMENT LLC got rid off the above stocks

Sector Distribution

VIKING FUND MANAGEMENT LLC has about 18.5% of it's holdings in Technology sector.

Sector	%
Technology	18.5
Energy	17.1
Financial Services	12.6
Utilities	10.5
Healthcare	9.1
Others	9
Consumer Defensive	7.6
Industrials	5.9
Consumer Cyclical	5.2
Communication Services	2.5
Basic Materials	2

Market Cap. Distribution

VIKING FUND MANAGEMENT LLC has about 86.2% of it's portfolio invested in the large-cap and mega-cap stocks.

Category	%
LARGE-CAP	61.9
MEGA-CAP	24.3
UNALLOCATED	9
MID-CAP	4.4

Stocks belong to which Index?

About 84.1% of the stocks held by VIKING FUND MANAGEMENT LLC either belong to S&P 500 or RUSSELL 2000 index.

Index	%
S&P 500	79.8
Others	15.9
RUSSELL 2000	4.3

Top 5 Winners (%)		%
TSLA	tesla inc	54.4 %
GTLS	chart industries	53.7 %
EE	excelerate ene-a	34.0 %
NET	cloudflare inc-a	33.1 %
AVGO	broadcom inc	27.1 %

Top 5 Winners ($)		$
AVGO	broadcom inc	7.6 M
MS	morgan stanley	2.1 M
TRGP	targa resources	1.8 M
LNG	cheniere energy	1.6 M
JPM	jpmorgan chase	1.2 M

Top 5 Losers (%)		%
ETR	entergy corp	-42.9 %
ENPH	enphase energy	-39.2 %
AES	aes corp	-34.7 %
XPRO	expro group hold	-27.4 %
AMD	adv micro device	-26.4 %

Top 5 Losers ($)		$
ETR	entergy corp	-9.8 M
NEE	nextera energy	-3.6 M
ABBV	abbvie inc	-2.4 M
AES	aes corp	-1.5 M
AEP	american electri	-1.2 M

VIKING FUND MANAGEMENT LLC Holdings Map

This heatmap illustrates the top 50 positions within the fund's portfolio.

Current Stock Holdings of VIKING FUND MANAGEMENT LLC

VIKING FUND MANAGEMENT LLC has 132 stocks in it's portfolio. About 25.5% of the portfolio is in top 10 stocks. ETR proved to be the most loss making stock for the portfolio. AVGO was the most profitable stock for VIKING FUND MANAGEMENT LLC last quarter.

Last Reported on: 17 Jan, 2025

	Ticker	Namesorted descending	% Portfolio	Shares Held	$ Value	Type	% Change
	AVGO	broadcom inc	4.44	123,000	28,516,300	reduced	-24.12
Historical Trend of BROADCOM INC Position Held By VIKING FUND MANAGEMENT LLC What % of Portfolio is AVGO?: Number of AVGO shares held: Change in No. of Shares Held:
	NEE	nextera energy	3.29	295,000	21,148,600	added	10.07

	ABBV	abbvie inc	3.04	110,000	19,547,000	reduced	-12.7

		tc energy corp	2.77	382,000	17,774,500	added	143

	CVX	chevron corp	2.41	107,000	15,497,900	added	52.86

	ETR	entergy corp	2.03	172,000	13,041,000	added	39.16

	BMY	bristol-myer sqb	1.93	218,700	12,369,700	added	133

		blackrock inc	1.92	12,000	12,301,300	new

	MS	morgan stanley	1.86	95,000	11,943,400	reduced	-5.00

	GLW	corning inc	1.85	250,000	11,880,000	added	8.7

	PR	permian resource	1.75	781,000	11,230,800	reduced	-11.35

	AEP	american electri	1.73	120,500	11,113,700	unchanged	0.00

	QCOM	qualcomm inc	1.72	72,000	11,060,600	unchanged	0.00

	XEL	xcel energy inc	1.68	160,000	10,803,200	reduced	-1.48

	PFE	pfizer inc	1.59	384,000	10,187,500	added	11.63

	JPM	jpmorgan chase	1.57	42,000	10,067,800	unchanged	0.00

	PEP	pepsico inc	1.56	66,000	10,036,000	unchanged	0.00

	MRK	merck & co	1.55	100,000	9,948,000	added	63.93

	PRU	prudentl finl	1.50	81,500	9,660,200	unchanged	0.00

	KMB	kimberly-clark	1.45	71,000	9,303,840	unchanged	0.00