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VIKING FUND MANAGEMENT LLC

SEC Form 13F institutional filer · CIK 0001169069

13F-HR · 98 reported holdings · 2026-03-31

Hedge fund manager.

Reported long-US-equity value

$0.77B

Top-10 concentration

31.7%

VIKING FUND MANAGEMENT LLC — $771M AUM allocation strategy

VIKING FUND MANAGEMENT LLC files SEC Form 13F and reports $771M of long US equity value across 98 reported holdings for 2026-03-31.

Its largest sector bet is Energy 10.2%, followed by Information Technology 9.3% and Utilities 9.1%.

The top 10 holdings account for 32% of reported value — a broadly spread portfolio. The sector and industry splits below are of the same reported value. Track quarter-over-quarter adds, trims, new positions and exits below — sourced from SEC 13F filings, public domain.

VIKING FUND MANAGEMENT LLC — latest SEC 13F insights

Reported long-US-equity value (13F AUM)

$771M

total across 98 reported holdings · 2026-03-31 · excludes shorts, cash, non-US

Top-10 concentration

32% of value

higher = narrower conviction; lower = spread / hedging

Biggest adds (shares)

$WMB$T$XEL

+$WMB +200K sh · +$15.1M+$T +80K sh · +$4.37M+$XEL +70K sh · +$6.62M

Biggest trims (shares)

$KVUE$TGT$BBY

−$KVUE −200K sh · −$3.45M−$TGT −70K sh · −$6.42M−$BBY −49K sh · −$3.57M

Added from nil (new positions)

$FITB$GOOG$DOW$PANW

4 fresh holdings — new conviction

Exited to nil (held last quarter, gone now)

$CME$PEG$CEG$TYL$KHC

$CME ($14.1M last qtr)$PEG ($5.22M last qtr)$CEG ($1.41M last qtr)$TYL ($908K last qtr)$KHC ($146K last qtr)

Sector allocation (share of reported value)

Energy 10%Information Technology 9%Utilities 9%Health Care 7%Financials 5%Communication Services 5%Consumer Staples 5%Other holdings 50%SECTORS
  • $XLEEnergy10.2%
  • $XLKInformation Technology9.3%
  • $XLUUtilities9.1%
  • $XLVHealth Care7.0%
  • $XLFFinancials5.3%
  • $XLCCommunication Services4.6%
  • $XLPConsumer Staples4.5%
  • Other holdings50.0%

each slice is a share of the reported long-US-equity value — smaller sectors and the rest of the book roll into “Other holdings”

Qtr shift = share-point change vs the prior quarter's filing — first period tracked for this filer; the column fills in with the next quarterly refresh.

Industry allocation (share of reported value)

Multi-Utilities 6%Integrated Telecommunication Services 5%Pharmaceuticals 5%Semiconductors 4%Integrated Oil & Gas 4%Oil & Gas Storage & Transportation 4%Electronic Components 3%Electric Utilities 3%Other holdings 66%INDUSTRIES
  • Multi-Utilities6.1%
  • Integrated Telecommunication Services4.6%
  • Pharmaceuticals4.5%
  • Semiconductors4.4%
  • Integrated Oil & Gas4.4%
  • Oil & Gas Storage & Transportation3.9%
  • Electronic Components3.3%
  • Electric Utilities3.0%
  • Other holdings66.0%

the finer GICS cut of the same book — same denominator — smaller industries roll into “Other holdings”

Qtr shift = share-point change vs the prior quarter's filing — first period tracked for this filer; the column fills in with the next quarterly refresh.

Top S&P 500 holdings

10 of 10 rows · sorted by Value ↓

TickerHoldingSharesValueΔ QoQWeight
$AVGOBroadcom Inc109K$33.7M+20K4.4%
$CVXChevron Corporation162K$33.4M+10K4.3%
$NEENextEra Energy Inc285K$26.5M-40K3.4%
$GLWCorning Incorporated185K$25.2M-45K3.3%
$ETREntergy Corporation205K$23M-5K3.0%
$BMYBristol-Myers Squibb Company373K$22.6M+52K2.9%
$PEPPepsiCo Inc139K$21.6M+02.8%
$XELXcel Energy Inc260K$20.7M+70K2.7%
$ABBVAbbVie Inc90K$19.6M+17K2.5%
$VZVerizon Communications Inc367K$18.4M+20K2.4%

…and 88 more holdings in the full 13F filing (top positions only shown).

SEC Form 13F data sets · public domain · 45-day filing lag · >$100M AUM managers · as reported

← All 13F filers·← QuantOrb.pro

How to read Δ QoQ — the five insight categories, and the caveats

The categories. Analysts, quants and retail traders look past total portfolio value to isolate actionable signals. Five categories matter.

Conviction & concentration shifts

New positions vs complete exits — a brand-new stock signals high conviction; a full liquidation suggests a broken thesis or tax-loss harvesting. Aggressive sizing — look at share count, not dollars: a 20% share increase during a drawdown is strong dip-buying. Concentration — a narrowing top-5/10 means conviction; spreading capital across more names means hedging.

Sector & macro allocation rotations

Aggregating Δ QoQ moves across sectors shows where smart money is leaning in or sneaking out — rotating out of growth into defensives or energy, for example. The fund's total long equity exposure quarter-over-quarter is a proxy for overall institutional risk appetite.

Crowding & smart-money consensus

When several managers initiate or expand the same stock in the same quarter, that is institutional consensus. Contrarian reads: top pickers buying hard into a beaten-down name the market is selling.

Derivative & option overlays

Reported call/put changes indicate whether managers are adding downside hedges or leveraging upside exposure. Note: a long increase may be half of a market-neutral pair trade.

Who reads this

Retail "cloners"High-conviction ideas to replicate ~45 days after quarter-end.
Corporate IRWhich funds bought or dumped the stock, before the next call.
Quant / algo tradersCross-sectional factor inputs: flow, momentum, ownership.

Four caveats before you trade on it

  • 45-day lag — holdings are quarter-end; positions may already be closed.
  • Long-only — 13Fs miss shorts, pair trades and cash.
  • No non-US / fixed income — the picture is US equities plus options.
  • Corporate actions — splits and spinoffs distort raw share deltas.

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