Viking Global’s Top 5 Stocks

3. T-Mobile US, Inc. (NYSE:TMUS)

Percentage of Viking Global’s 13F Portfolio: 3.62%

Viking Global’s Stake Value: $1,306,370,000

Number of Hedge Fund Holders: 89

Shares of T-Mobile US, Inc. (NYSE:TMUS) jumped 11% following its solid Q4 earnings report. On February 3, RBC Capital set a new price target of $152 for the telecom stock and maintained an Outperform rating on the shares. 

In Q3 2021, Viking Global increased its stake by 36% in T-Mobile US, Inc. (NYSE:TMUS). The hedge fund held shares worth over $1.3 billion in the company, which represented 3.62% of its 13F portfolio. In total, 89 hedge funds were long T-Mobile US, Inc. (NYSE:TMUS) at the end of September 2021, compared to 100 in the preceding quarter. 

Aside from Viking Global, Warren Buffett’s Berkshire Hathaway is among the largest shareholders in T-Mobile US, Inc. (NYSE:TMUS). In Q3, the fund held 5.24 million shares of the telecom company worth nearly $670 million.