Latest VIKING FUND MANAGEMENT LLC Stock Portfolio

VIKING FUND MANAGEMENT LLC Performance:

2024 Q3: -1.67%YTD: 7.57%2023: 3.21%

Performance for 2024 Q3 is -1.67%, and YTD is 7.57%, 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 $615.5 Millions as of 30 Sep, 2024.

The top stock holdings of VIKING FUND MANAGEMENT LLC are AVGO, ABBV, NEE. The fund has invested 4.5% of it's portfolio in BROADCOM INC and 4% of portfolio in ABBVIE INC.

The fund managers got completely rid off MARATHON OIL (MRO), SHELL PLC-ADR and SM ENERGY CO (SM) stocks. They significantly reduced their stock positions in TEXAS PACIFIC LA (TPL), TESLA INC (TSLA) and HALLIBURTON CO (HAL). VIKING FUND MANAGEMENT LLC opened new stock positions in EQT CORP (EQT), NRG ENERGY INC (NRG) and WEATHERFORD INTE (WFRD). The fund showed a lot of confidence in some stocks as they added substantially to CIVITAS RESOURCE (CIVI), LYONDELLBASELL-A (LYB) and RIO TINTO-ADR.

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

Our best estimate is that VIKING FUND MANAGEMENT LLC made a return of -1.67% in the last quarter. In trailing 12 months, it's portfolio return was 13.87%.

New Buys

Ticker	$ Bought
eqt corp	1,832,000
nrg energy inc	1,822,000
weatherford inte	1,783,320
kodiak gas servi	1,740,000
vertiv holding-a	1,492,350
hf sinclair corporation	1,337,100
chart industries	1,241,400
vistra corp	1,185,400

New stocks bought by VIKING FUND MANAGEMENT LLC

Additions

Ticker	% Inc.
civitas resource	16,900
lyondellbasell-a	400
rio tinto-adr	385
citizens financi	200
dow inc	200
seagate technolo	170
genuine parts co	150
lam research	150

Additions to existing portfolio by VIKING FUND MANAGEMENT LLC

Reductions

Ticker	% Reduced
texas pacific la	-60.00
tesla inc	-50.00
halliburton co	-40.00
exxon mobil corp	-35.71
ovintiv inc	-33.33
targa resources	-25.93
philip morris in	-20.22
cheniere energy	-18.64

VIKING FUND MANAGEMENT LLC reduced stake in above stock

Sold off

Ticker	$ Sold
marathon oil	-5,160,600
shell plc-adr	-4,330,800
sm energy co	-1,729,200
cactus inc- a	-843,840
sanofi-adr	-106,744
murphy usa inc	-938,920
quimica y-sp adr	-12,225
southern copper	-323

VIKING FUND MANAGEMENT LLC got rid off the above stocks

Sector Distribution

VIKING FUND MANAGEMENT LLC has about 18.6% of it's holdings in Technology sector.

Sector	%
Technology	18.6
Energy	18.2
Utilities	12.4
Financial Services	11
Healthcare	9.7
Consumer Defensive	8.7
Industrials	6.3
Others	6
Consumer Cyclical	6
Basic Materials	1.8
Communication Services	1.5

Market Cap. Distribution

VIKING FUND MANAGEMENT LLC has about 89.2% of it's portfolio invested in the large-cap and mega-cap stocks.

Category	%
LARGE-CAP	64.2
MEGA-CAP	25
UNALLOCATED	6
MID-CAP	4.4

Stocks belong to which Index?

About 88% of the stocks held by VIKING FUND MANAGEMENT LLC either belong to S&P 500 or RUSSELL 2000 index.

Index	%
S&P 500	83.1
Others	12
RUSSELL 2000	4.9

Top 5 Winners (%)		%
VST	vistra corp	38.8 %
IBM	ibm	27.8 %
NEM	newmont corp	26.7 %
LMT	lockheed martin	25.1 %
TSLA	tesla inc	24.3 %

Top 5 Winners ($)		$
NEE	nextera energy	3.7 M
ABBV	abbvie inc	3.6 M
ETR	entergy corp	3.0 M
BLK	blackrock inc	2.4 M
AEP	american electri	2.0 M

Top 5 Losers (%)		%
LRCX	lam research	-84.9 %
ARRY	array technologi	-35.7 %
EW	edwards life	-28.6 %
PTEN	patterson-uti	-25.4 %
XPRO	expro group hold	-25.1 %

Top 5 Losers ($)		$
LRCX	lam research	-45.7 M
PR	permian resource	-1.9 M
QCOM	qualcomm inc	-1.9 M
DVN	devon energy co	-1.8 M
CIVI	civitas resource	-1.6 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 131 stocks in it's portfolio. About 26.9% of the portfolio is in top 10 stocks. LRCX proved to be the most loss making stock for the portfolio. NEE was the most profitable stock for VIKING FUND MANAGEMENT LLC last quarter.

Last Reported on: 11 Oct, 2024

Ticker	Namesorted ascending	% Portfolio	Shares Held	$ Value	Type	% Change
AAPL	apple inc	0.80	21,000	4,893,000	reduced	-8.7

ABBV	abbvie inc	4.04	126,000	24,882,500	reduced	-11.58

AEP	american electri	2.01	120,500	12,363,300	reduced	-16.32

AES	aes corp	0.68	208,000	4,172,480	added	35.95

AMD	adv micro device	0.45	17,000	2,789,360	unchanged	0.00

APD	air prods & chem	1.40	29,000	8,634,460	added	7.41

AR	antero resources	0.47	100,000	2,865,000	added	66.67

ARRY	array technologi	0.13	120,000	792,000	unchanged	0.00

AVGO	broadcom inc	4.54	162,100	27,962,200	reduced	-1.82

BAC	bank of america	1.16	180,000	7,142,400	unchanged	0.00

BBY	best buy co inc	0.03	2,000	206,600	unchanged	0.00

BKR	baker hughes a	0.78	132,000	4,771,800	unchanged	0.00

BLK	blackrock inc	2.31	15,000	14,242,600	unchanged	0.00

BMY	bristol-myer sqb	0.79	93,600	4,842,860	reduced	-16.95

BRY	berry corp	0.00	5,000	25,700	unchanged	0.00

CAT	caterpillar inc	0.25	4,000	1,564,480	unchanged	0.00

CFG	citizens financi	0.02	3,000	123,210	added	200

CHRD	chord energy corp	0.01	600	78,138	unchanged	0.00

CIVI	civitas resource	1.26	153,000	7,752,510	added	16,900

CMS	cms energy corp	0.69	60,000	4,237,800	added	36.36