# VIKING FUND MANAGEMENT LLC

> Institutional holdings reported to the SEC as of Q2 2026 on Form 13F. CIK 1169069. Source: https://holderbook.com/funds/1169069-viking-fund-management-llc/

- Reported value: $1.1B
- Positions: 146
- Weight of the ten largest: 25.6%
- Filed: 2026-07-13

A 13F reports long US equity positions only. Short positions, bonds, foreign listings, private holdings and cash are not visible, so this is not the manager's whole book.

## Holdings

| Security | Ticker | Value | Shares | Weight | Quarters held |
|---|---|---|---|---|---|
| BROADCOM INC | [AVGO](https://holderbook.com/stocks/AVGO/) | $41.4M | 109,500 | 3.7% | 31 |
| CORNING INC | [GLW](https://holderbook.com/stocks/GLW/) | $33.2M | 130,000 | 3.0% | 9 |
| CHEVRON CORPORATION | [CVX](https://holderbook.com/stocks/CVX/) | $32.1M | 193,500 | 2.9% | 11 |
| TC ENERGY CORP | [TRP](https://holderbook.com/stocks/TRP/) | $29.8M | 450,000 | 2.7% | 15 |
| ABBVIE INC | [ABBV](https://holderbook.com/stocks/ABBV/) | $27.7M | 110,000 | 2.5% | 31 |
| WILLIAMS COS INC | [WMB](https://holderbook.com/stocks/WMB/) | $26.3M | 354,000 | 2.4% | 3 |
| BRISTOL-MYERS SQUIBB CO | [BMY](https://holderbook.com/stocks/BMY/) | $25.5M | 443,000 | 2.3% | 15 |
| NEXTERA ENERGY INC | [NEE](https://holderbook.com/stocks/NEE/) | $25.2M | 287,300 | 2.3% | 23 |
| HEWLETT PACKARD ENTERPRISE C | [HPE](https://holderbook.com/stocks/HPE/) | $22.6M | 500,000 | 2.0% | 4 |
| ENTERGY CORP NEW | [ETR](https://holderbook.com/stocks/ETR/) | $22.3M | 194,000 | 2.0% | 24 |
| XCEL ENERGY INC | [XEL](https://holderbook.com/stocks/XEL/) | $20.9M | 260,000 | 1.9% | 10 |
| MORGAN STANLEY | [MS](https://holderbook.com/stocks/MS/) | $19.9M | 95,000 | 1.8% | 18 |
| GENUINE PARTS CO | [GPC](https://holderbook.com/stocks/GPC/) | $18.9M | 160,000 | 1.7% | 31 |
| PEPSICO INC | [PEP](https://holderbook.com/stocks/PEP/) | $18.8M | 139,000 | 1.7% | 31 |
| KIMBERLY-CLARK CORP | [KMB](https://holderbook.com/stocks/KMB/) | $17.6M | 160,000 | 1.6% | 31 |
| MCCORMICK & CO INC | [MKC](https://holderbook.com/stocks/MKC/) | $16.9M | 335,000 | 1.5% | 4 |
| DELL TECHNOLOGIES INC | [DELL](https://holderbook.com/stocks/DELL/) | $16.8M | 39,000 | 1.5% | 7 |
| VERIZON COMMUNICATIONS INC | [VZ](https://holderbook.com/stocks/VZ/) | $15.5M | 367,000 | 1.4% | 31 |
| FIFTH THIRD BANCORP | [FITB](https://holderbook.com/stocks/FITB/) | $15.2M | 270,000 | 1.4% | 2 |
| BANK OF AMER CORP | [BAC](https://holderbook.com/stocks/BAC/) | $14.8M | 260,000 | 1.3% | 31 |
| PRUDENTIAL FINL INC | [PRU](https://holderbook.com/stocks/PRU/) | $14.6M | 135,000 | 1.3% | 31 |
| ALTRIA GROUP INC | [MO](https://holderbook.com/stocks/MO/) | $14.5M | 202,000 | 1.3% | 31 |
| JPMORGAN CHASE & CO | [JPM](https://holderbook.com/stocks/JPM/) | $14.4M | 44,000 | 1.3% | 31 |
| PHILLIPS 66 | [PSX](https://holderbook.com/stocks/PSX/) | $14.4M | 85,000 | 1.3% | 31 |
| BRITISH AMERN TOB PLC | [BTI](https://holderbook.com/stocks/BTI/) | $14.2M | 230,000 | 1.3% | 24 |
| AMERICAN FINANCIAL GROUP INC | [AFG](https://holderbook.com/stocks/AFG/) | $14.1M | 101,000 | 1.3% | 6 |
| INTERNATIONAL BUSINESS MACHS | [IBM](https://holderbook.com/stocks/IBM/) | $14.1M | 50,000 | 1.3% | 31 |
| CITIGROUP INC | [C](https://holderbook.com/stocks/C/) | $13.7M | 98,000 | 1.2% | 7 |
| AT&T INC | [T](https://holderbook.com/stocks/T/) | $13.6M | 655,000 | 1.2% | 31 |
| SHELL PLC | [SHEL](https://holderbook.com/stocks/SHEL/) | $13.3M | 172,000 | 1.2% | 2 |
| ELI LILLY & CO | [LLY](https://holderbook.com/stocks/LLY/) | $13.2M | 11,000 | 1.2% | 4 |
| QUALCOMM INC | [QCOM](https://holderbook.com/stocks/QCOM/) | $13.1M | 70,900 | 1.2% | 31 |
| NOVO-NORDISK A S | [NVO](https://holderbook.com/stocks/NVO/) | $12.9M | 270,000 | 1.2% | 3 |
| CHENIERE ENERGY INC | [LNG](https://holderbook.com/stocks/LNG/) | $12.9M | 54,000 | 1.2% | 31 |
| MERCK & CO INC | [MRK](https://holderbook.com/stocks/MRK/) | $12.8M | 100,000 | 1.2% | 31 |
| PROCTER & GAMBLE CO | [PG](https://holderbook.com/stocks/PG/) | $11.7M | 80,000 | 1.1% | 31 |
| TOTALENERGIES SE | [TTE](https://holderbook.com/stocks/TTE/) | $11.7M | 150,000 | 1.0% | 2 |
| COCA COLA CO | [KO](https://holderbook.com/stocks/KO/) | $11.0M | 135,000 | 1.0% | 31 |
| DIGITALOCEAN HLDGS INC | [DOCN](https://holderbook.com/stocks/DOCN/) | $10.7M | 68,000 | 1.0% | 6 |
| ADVANCED MICRO DEVICES INC | [AMD](https://holderbook.com/stocks/AMD/) | $9.9M | 17,000 | 0.9% | 31 |
| HOME DEPOT INC | [HD](https://holderbook.com/stocks/HD/) | $9.9M | 28,000 | 0.9% | 31 |
| DIAMONDBACK ENERGY INC | [FANG](https://holderbook.com/stocks/FANG/) | $9.7M | 55,000 | 0.9% | 31 |
| TEXAS INSTRS INC | [TXN](https://holderbook.com/stocks/TXN/) | $9.5M | 32,000 | 0.9% | 30 |
| KLA CORP | [KLAC](https://holderbook.com/stocks/KLAC/) | $9.1M | 30,000 | 0.8% | 21 |
| EASTMAN CHEM CO | [EMN](https://holderbook.com/stocks/EMN/) | $8.7M | 130,000 | 0.8% | 1 |
| LAM RESEARCH CORP | [LRCX](https://holderbook.com/stocks/LRCX/) | $8.7M | 20,000 | 0.8% | 7 |
| EVERGY INC | [EVRG](https://holderbook.com/stocks/EVRG/) | $8.6M | 100,000 | 0.8% | 6 |
| TARGA RES CORP | [TRGP](https://holderbook.com/stocks/TRGP/) | $8.6M | 32,000 | 0.8% | 15 |
| EXPAND ENERGY CORPORATION | [EXE](https://holderbook.com/stocks/EXE/) | $8.5M | 93,000 | 0.8% | 5 |
| ALLSTATE CORP | [ALL](https://holderbook.com/stocks/ALL/) | $8.3M | 35,000 | 0.7% | 5 |
| OLD REP INTL CORP | [ORI](https://holderbook.com/stocks/ORI/) | $8.2M | 200,000 | 0.7% | 28 |
| PFIZER INC | [PFE](https://holderbook.com/stocks/PFE/) | $8.1M | 338,000 | 0.7% | 31 |
| BEST BUY INC | [BBY](https://holderbook.com/stocks/BBY/) | $8.0M | 106,000 | 0.7% | 13 |
| PERMIAN RESOURCES CORP | [PR](https://holderbook.com/stocks/PR/) | $7.6M | 411,000 | 0.7% | 15 |
| VALERO ENERGY CORP | [VLO](https://holderbook.com/stocks/VLO/) | $7.6M | 29,000 | 0.7% | 31 |
| KODIAK GAS SVCS INC | [KGS](https://holderbook.com/stocks/KGS/) | $7.5M | 100,000 | 0.7% | 8 |
| ARCHROCK INC | [AROC](https://holderbook.com/stocks/AROC/) | $7.3M | 180,000 | 0.7% | 6 |
| BAKER HUGHES COMPANY | [BKR](https://holderbook.com/stocks/BKR/) | $7.2M | 130,000 | 0.6% | 13 |
| NVIDIA CORPORATION | [NVDA](https://holderbook.com/stocks/NVDA/) | $7.0M | 35,000 | 0.6% | 31 |
| EXXONMOBIL HOLDINGS CORP COM SHS | [XOM](https://holderbook.com/stocks/XOM/) | $6.8M | 50,000 | 0.6% | 1 |
| MCDONALDS CORP | [MCD](https://holderbook.com/stocks/MCD/) | $6.8M | 25,000 | 0.6% | 31 |
| LOCKHEED MARTIN CORP | [LMT](https://holderbook.com/stocks/LMT/) | $6.6M | 13,000 | 0.6% | 31 |
| ALPHABET INC | [GOOGL](https://holderbook.com/stocks/GOOGL/) | $6.4M | 18,000 | 0.6% | 2 |
| UNITED PARCEL SVCS INC | [UPS](https://holderbook.com/stocks/UPS/) | $6.3M | 59,000 | 0.6% | 13 |
| UNUM GROUP | [UNM](https://holderbook.com/stocks/UNM/) | $6.3M | 70,000 | 0.6% | 7 |
| DEVON ENERGY CORP NEW | [DVN](https://holderbook.com/stocks/DVN/) | $6.2M | 150,000 | 0.6% | 1 |
| APPLE INC | [AAPL](https://holderbook.com/stocks/AAPL/) | $6.1M | 21,000 | 0.5% | 31 |
| PAYCHEX INC | [PAYX](https://holderbook.com/stocks/PAYX/) | $5.9M | 60,000 | 0.5% | 9 |
| NRG ENERGY INC | [NRG](https://holderbook.com/stocks/NRG/) | $5.8M | 39,500 | 0.5% | 8 |
| VISTRA CORP | [VST](https://holderbook.com/stocks/VST/) | $5.6M | 35,000 | 0.5% | 8 |
| PHILIP MORRIS INTL INC | [PM](https://holderbook.com/stocks/PM/) | $5.4M | 30,000 | 0.5% | 31 |
| TRANE TECHNOLOGIES PLC | [TT](https://holderbook.com/stocks/TT/) | $5.4M | 11,000 | 0.5% | 26 |
| STARBUCKS CORP | [SBUX](https://holderbook.com/stocks/SBUX/) | $5.3M | 52,000 | 0.5% | 31 |
| CLOUDFLARE INC | [NET](https://holderbook.com/stocks/NET/) | $5.2M | 21,000 | 0.5% | 9 |
| VISA INC | [V](https://holderbook.com/stocks/V/) | $5.1M | 15,000 | 0.5% | 31 |
| ANTERO RESOURCES CORP | [AR](https://holderbook.com/stocks/AR/) | $4.9M | 140,000 | 0.4% | 17 |
| BLACKROCK INC | [BLK](https://holderbook.com/stocks/BLK/) | $4.8M | 5,000 | 0.4% | 7 |
| VERTIV HOLDINGS CO | [VRT](https://holderbook.com/stocks/VRT/) | $4.7M | 14,000 | 0.4% | 8 |
| SPIRE INC | [SR](https://holderbook.com/stocks/SR/) | $4.7M | 60,000 | 0.4% | 4 |
| ILLINOIS TOOL WKS INC | [ITW](https://holderbook.com/stocks/ITW/) | $4.6M | 17,000 | 0.4% | 17 |
| PALO ALTO NETWORKS INC | [PANW](https://holderbook.com/stocks/PANW/) | $4.5M | 13,203 | 0.4% | 2 |
| LANDBRIDGE COMPANY LLC | [LB](https://holderbook.com/stocks/LB/) | $4.4M | 56,000 | 0.4% | 4 |
| CATERPILLAR INC | [CAT](https://holderbook.com/stocks/CAT/) | $4.3M | 4,000 | 0.4% | 31 |
| EQT CORP | [EQT](https://holderbook.com/stocks/EQT/) | $4.0M | 75,000 | 0.4% | 8 |
| TEXAS PACIFIC LAND CORPORATI | [TPL](https://holderbook.com/stocks/TPL/) | $3.9M | 9,000 | 0.4% | 11 |
| NEXTDECADE CORP | [NEXT](https://holderbook.com/stocks/NEXT/) | $3.8M | 500,000 | 0.3% | 2 |
| BADGER METER INC | [BMI](https://holderbook.com/stocks/BMI/) | $3.7M | 25,000 | 0.3% | 2 |
| OVINTIV INC | [OVV](https://holderbook.com/stocks/OVV/) | $3.6M | 69,000 | 0.3% | 2 |
| MASTERCARD INCORPORATED | [MA](https://holderbook.com/stocks/MA/) | $3.6M | 7,000 | 0.3% | 26 |
| AIR PRODUCTS AND CHEMICALS I | [APD](https://holderbook.com/stocks/APD/) | $3.2M | 11,000 | 0.3% | 31 |
| DEERE & CO | [DE](https://holderbook.com/stocks/DE/) | $3.2M | 5,000 | 0.3% | 31 |
| WASTE MGMT INC DEL | [WM](https://holderbook.com/stocks/WM/) | $2.9M | 13,000 | 0.3% | 31 |
| EXELON CORP | [EXC](https://holderbook.com/stocks/EXC/) | $2.8M | 60,000 | 0.3% | 31 |
| TECHNIPFMC PLC | [FTI](https://holderbook.com/stocks/FTI/) | $2.7M | 40,000 | 0.2% | 6 |
| VENTURE GLOBAL INC | [VG](https://holderbook.com/stocks/VG/) | $2.6M | 230,000 | 0.2% | 4 |
| THERMO FISHER SCIENTIFIC INC | [TMO](https://holderbook.com/stocks/TMO/) | $2.5M | 5,000 | 0.2% | 31 |
| UNITEDHEALTH GROUP INC | [UNH](https://holderbook.com/stocks/UNH/) | $2.5M | 6,000 | 0.2% | 31 |
| PNC FINL SVCS GROUP INC | [PNC](https://holderbook.com/stocks/PNC/) | $2.5M | 10,000 | 0.2% | 31 |
| FLEX LTD | [FLEX](https://holderbook.com/stocks/FLEX/) | $2.4M | 15,000 | 0.2% | 1 |
| KINDER MORGAN INC DEL | [KMI](https://holderbook.com/stocks/KMI/) | $2.4M | 75,000 | 0.2% | 13 |

## What the disclosed book did

Not the fund's return. This is the change in value of the positions disclosed on Form 13F, had they been left untouched, against SPY over the same quarter ends.

| Quarter | Book | Market | Difference | Priced |
|---|---|---|---|---|
| Q2 2026 | +10.0% | +14.8% | -4.9% | 100% |
| Q1 2026 | +9.2% | -4.6% | +13.8% | 100% |
| Q4 2025 | +1.9% | +2.4% | -0.5% | 100% |
| Q3 2025 | +7.9% | +7.8% | +0.1% | 100% |
| Q2 2025 | +3.8% | +10.5% | -6.6% | 100% |
| Q1 2025 | +1.2% | -4.6% | +5.7% | 100% |
| Q4 2024 | -0.7% | +2.1% | -2.9% | 100% |
| Q3 2024 | +7.2% | +5.4% | +1.7% | 100% |

## Quarter by quarter

| Quarter | Value | Positions |
|---|---|---|
| Q2 2026 | $1.1B | 146 |
| Q1 2026 | $975.6M | 142 |
| Q4 2025 | $862.8M | 137 |
| Q3 2025 | $827.4M | 141 |
| Q2 2025 | $728.0M | 143 |
| Q1 2025 | $693.6M | 140 |
| Q4 2024 | $642.3M | 132 |
| Q3 2024 | $615.5M | 131 |
| Q2 2024 | $558.5M | 126 |
| Q1 2024 | $552.6M | 123 |
| Q4 2023 | $513.9M | 118 |
| Q3 2023 | $496.1M | 116 |