Andreas Halvorsen's Viking Global disclosed a significant new investment in Morgan Stanley (MS), acquiring 1.62 million shares valued at approximately $339.19 million. This new stake accounts for 0.97% of the hedge fund's reported portfolio. The investment aligns with a strong quarter for the bank, which saw record net revenues in its wealth management division and overall results that beat analyst expectations.
This trade was revealed in Viking's 13F filing on August 14, which details positions held as of June 30, 2026. Such filings are a delayed look at a firm's portfolio, meaning the trades occurred during the second quarter. During that period, Viking also notably increased its stakes in Meta and Amazon while reducing exposure to some European banks.