Goodbye Nvidia, Hello Microsoft: Halvorsen's Big Q3 Hedge Fund Pivot

Benzinga_recent_news11-18

Andreas Halvorsen just reminded Wall Street why Viking Global Investors is one of the hedge fund world's most-watched portfolios: he doesn't trim, he swings. Viking's third quarter 13F filing shows a ...

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Viking's third quarter 13F filing shows a ...</p>\n\n<a href=\"https://www.benzinga.com/markets/hedge-funds/25/11/48902519/goodbye-nvidia-hello-microsoft-halvorsens-big-q3-hedge-fund-pivot\">Source Link</a>\n\n</div>\n","source":"benzinga_recent_news","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Goodbye Nvidia, Hello Microsoft: Halvorsen's Big Q3 Hedge Fund Pivot</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nGoodbye Nvidia, Hello Microsoft: Halvorsen's Big Q3 Hedge Fund Pivot\n</h2>\n\n<h4 class=\"meta\">\n\n\n2025-11-18 00:19 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.benzinga.com/markets/hedge-funds/25/11/48902519/goodbye-nvidia-hello-microsoft-halvorsens-big-q3-hedge-fund-pivot><strong>Benzinga_recent_news</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Andreas Halvorsen just reminded Wall Street why Viking Global Investors is one of the hedge fund world's most-watched portfolios: he doesn't trim, he swings. Viking's third quarter 13F filing shows a ...</p>\n\n<a href=\"https://www.benzinga.com/markets/hedge-funds/25/11/48902519/goodbye-nvidia-hello-microsoft-halvorsens-big-q3-hedge-fund-pivot\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"NVDA","symbol_name":"英伟达","start_time":0,"source_url":"https://www.benzinga.com/markets/hedge-funds/25/11/48902519/goodbye-nvidia-hello-microsoft-halvorsens-big-q3-hedge-fund-pivot","article_id":"2584620044","we_media_id":null,"thumbnails":["https://cdn.benzinga.com/files/images/story/2025/11/17/Microsoft-AI.jpeg?optimize=medium&dpr=2&auto=webp&width=240"],"rights":{"source":"benzinga_recent_news","url":"https://www.benzinga.com/markets/hedge-funds/25/11/48902519/goodbye-nvidia-hello-microsoft-halvorsens-big-q3-hedge-fund-pivot","rn_cache_url":null,"directOrigin":true},"url":"https://stock-news.laohu8.com/highlight/detail?id=2584620044","pubTimestamp":1763396340,"columns":[],"sourceInfo":{"source_id":"benzinga_recent_news","name":"Benzinga"},"weMediaInfo":null,"summary":"Andreas Halvorsen of Viking Global Investors' portfolio Q3 changes included exits from Amazon, Nvidia and Qualcomm.","collect":0,"end_time":0,"defaultTopTitle":"benzinga.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"NVDA":"英伟达","QID":"两倍做空纳斯达克指数ETF-ProShares","SQQQ":"纳指三倍做空ETF","DECK":"Deckers Outdoor Corporation","SCHW":"嘉信理财","TTD":"Trade Desk Inc.","2NVD.UK":"2X NVIDIA ETP","LU2430703251.USD":"WELLINGTON MULTI-ASSET HIGH INCOME \"AM4\" (USD) INC","LU1366333091.USD":"FIDELITY GLOBAL FOCUS \"A\" (USD) ACC","USAW.SI":"AMZN 3xLongSG261006","NVDS":"1.5倍做空NVDA ETF-Tradr","FLUT":"Flutter Entertainment PLC","PSQ":"做空纳斯达克100指数ETF-ProShares","NVIW.SI":"NVDA 3xLongSG261006","NVDU":"2倍做多NVDA ETF-Direxion","TQQQ":"纳指三倍做多ETF","PNC":"PNC金融","COF":"第一资本","NVD2.UK":"2X NVIDIA ETP","KKR":"KKR & Co L.P.","INTU":"财捷","DB":"德意志银行",".IXIC":"NASDAQ Composite","NVDS.UK":"LS -1X NVIDIA","MSFT":"微软","3NVD.UK":"LS 3X NVIDIA","TSYW.SI":"TESLA 3xLongSG261006","NVDX":"2倍做多NVDA ETF-T-Rex","AMT":"美国电塔","NVD":"2倍做空NVDA ETF-GraniteShares","NVD3.UK":"LS 3X NVIDIA","QLD":"2倍做多纳斯达克100指数ETF-ProShares","NVDY":"NVDA期权收益策略ETF-YieldMax","USJW.SI":"ALPHAB 3xLongSG261006","EW":"爱德华兹","DKNG":"DraftKings Inc.","SNVD.UK":"LS -1X NVIDIA","NVDD":"1倍做空NVDA ETF-Direxion","AON":"怡安保险","CLS":"天弘科技","CHWY":"Chewy, Inc.","USB":"美国合众银行"},"translate_title":"再见英伟达，你好微软：哈福森第三季度对冲基金的重大转变","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"COF":1,"NVDY":0.6,"TTD":1,"EW":1,"2NVD.UK":0.6,"TSYW.SI":0.6,"NVD2.UK":0.6,".IXIC":0.9,"DKNG":1,"FLUT":1,"NVDD":0.6,"NVDS":0.6,"USB":1,"NVD":0.6,"NVD3.UK":0.6,"NVDS.UK":0.6,"QLD":0.6,"NVDU":0.6,"SCHW":1,"CLS":1,"SQQQ":0.6,"PSQ":0.6,"TQQQ":0.6,"NVDA":1.5,"USJW.SI":0.6,"PNC":1,"AON":1,"MSFT":1.5,"3NVD.UK":0.6,"KKR":1,"SNVD.UK":0.6,"DECK":1,"NVDX":0.6,"QID":0.6,"CHWY":1,"NVIW.SI":0.6,"AMT":1,"DB":1,"MNQmain":0.6,"USAW.SI":0.6,"INTU":1,"NQmain":0.6},"content_text":"Andreas Halvorsen just reminded Wall Street why Viking Global Investors is one of the hedge fund world's most-watched portfolios: he doesn't trim, he swings. Viking's third quarter 13F filing shows a $38.5 billion book that looks like it's been through a full reboot — complete with shock exits, oversized new wagers and a decisive tilt toward financials.\nThe headline-grabber is impossible to miss: Viking dumped Nvidia Corp (NASDAQ:NVDA), Amazon.com Inc (NASDAQ:AMZN), and Qualcomm Inc (NASDAQ:QCOM) entirely. All out. Zero shares. For a fund that once thrived on mega-cap tech, that's not a pivot — that's a controlled detonation.\nNvidia's complete removal — 3.68 million shares wiped out — lands the biggest shock. But Amazon.com Inc (NASDAQ:AMZN), American Tower Corp (NYSE:AMT), Flutter Entertainment PLC (NYSE:FLUT), Trade Desk Inc (NASDAQ:TTD) and a long list of growth favorites also vanished, signaling Halvorsen is done paying premium multiples for crowded trades.\nRead Also: Novo, Pfizer Battling Over Future Of Weight-Loss Drugs\nIf you want to see where the money went, follow the banks. Viking's new top holding is PNC Financial Services Group Inc (NYSE:PNC), now sitting at 4.15% of the portfolio after Halvorsen boosted the stake by a massive 234%. JPMorgan Chase & Co (NYSE:JPM), Charles Schwab Corp (NYSE:SCHW) and $Capital One Financial Corp(COF-N)$ (NYSE:COF) also climbed the ranks with double-digit share increases.\nUS Bancorp (NYSE:USB), however, didn't survive the purge — a 24 million-share position dropped to zero in one stroke.\nHalvorsen's third quarter \"shopping cart\" reads like he's suddenly embracing high-quality compounders. \nMicrosoft Corp (NASDAQ:MSFT), Netflix Inc (NASDAQ:NFLX), Aon PLC (NYSE:AON), Chewy Inc (NYSE:CHWY), Edwards Lifesciences Corp (NYSE:EW), Intuit Inc (NASDAQ:INTU), KKR & Co Inc (NYSE:KKR), Deckers Outdoor Corp (NYSE:DECK) and Deutsche Bank AG (NYSE:DB) all appear as fresh positions — many in billion-dollar sizing.\nAnd some bets weren't just new — they were loud. Viking opened a massive 15 million-share DraftKings Inc (NASDAQ:DKNG) stake, added 2.7 million shares of KKR, and quietly built a sizeable position in Celestica Inc (NYSE:CLS) right as the stock sits in the AI-supply-chain sweet spot.\nViking didn't tweak at the edges — it rewired the whole machine. The third quarter was the quarter Halvorsen exited the most crowded tech trades, rotated heavily into financials, and stocked up on durable blue chips and selective high-growth names. \nIf hedge fund positioning is a sentiment tell, Viking just flashed a bright signal: 2025's winners may look a lot more like PNC and Microsoft — and a lot less like Nvidia and Amazon.\nRead Next: \nImage: Shutterstock","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"2","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":false,"code":"91000000","status":"200"},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.35.12","shortVersion":"4.35.12","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2584620044","isCrawlerRequest":true}