Andreas Halvorsen's Viking Global Investors significantly increased its stake in online auto retailer Carvana, according to a recent SEC filing. The disclosure, which reflects holdings as of June 30, 2026, revealed the firm acquired an additional 9.54 million shares, bringing its total to 12.32 million. This 343% increase occurred during a quarter where Carvana reported record financial results and undertook a major debt refinancing.
As a 13F filing, this report discloses positions from many weeks ago and does not necessarily reflect Viking's current holdings. The reported value of the firm's Carvana stake was approximately $811 million at the end of the second quarter. The substantial investment from a prominent fund manager like Halvorsen signals a strong vote of confidence in the automotive e-commerce platform's strategy and recent performance.