Managers / Q4 2022 · view latest →
VIKING FUND MANAGEMENT LLC
CIK 0001169069 · 1 MAIN STREET NORTH, MINOT, ND, 58701 · 701-852-5292
Reported Value
$504M
Q4 2022
Positions
111
Filings on Record
30
2019–present window
Filed
Feb 2, 2023
original filing
Summary
Viking Fund Management LLC reported $504M in U.S.-listed holdings across 111 positions for Q4 2022.
Its largest position, ABBV, represents 4.0% of the portfolio.
Compared with Q3 2022, the fund opened 7 new positions and exited 8.
Portfolio Metrics
Turnover
+5.5%
vs prior filed quarter
Top-10 Concentration
+26.2%
share of reported value
Largest Position
+4.0%
Abbvie
New / Exited
7 / 8
positions this quarter
Methodology: turnover is min(value bought, value sold) ÷ average reported value across the two quarters — value-based, so market moves inflate it slightly versus a share-based measure. Concentration and largest position are shares of the filing’s total reported value, options excluded. New/exited counts compare against the prior filed quarter. All figures derive solely from the fund’s 13F filings.
Reported Value by Quarter
13F Reported Value
Portfolio Composition
By security type
- Common Stock · 95.7% · $482M
- ADR · 3.3% · $16M
- Other · 1.0% · $5M
Quarter-over-Quarter Changes full breakdown →
vs Q3 2022 (amended baseline)
| Issuer | Move | Share Δ | Shares now | Value Δ | Value now |
|---|---|---|---|---|---|
| TRPTC Energy Corp | NEW | +170.0K | 170.0K | +$7M | $7M |
| TRGPTARGA RESOURCES | NEW | +65.0K | 65.0K | +$5M | $5M |
| TSTENARIS-ADR | NEW | +100.0K | 100.0K | +$4M | $4M |
| BMYBRISTOL-MYER SQB | NEW | +40.0K | 40.0K | +$3M | $3M |
| AWMSKYWORKS SOLUTIO | NEW | +30.0K | 30.0K | +$3M | $3M |
| PRPERMIAN RESOURCE | NEW | +260.0K | 260.0K | +$2M | $2M |
| EOGEOG RESOURCES | NEW | +18.0K | 18.0K | +$2M | $2M |
| BACBANK OF AMERICA | ADDED | +100.0K | 130.0K | +$3M | $4M |
Value changes conflate price moves with buying and selling — share changes are the real signal. Share counts are not split-adjusted.
Holdings — Q4 2022
50 positions
| # | Issuer | Class | % Portfolio | Value ↓ | Shares |
|---|---|---|---|---|---|
| 1 | ABBVABBVIE INChistory → | Common Stock | 3.98% | $20M | 124.0K |
| 2 | AVGOBROADCOM INChistory → | Common Stock | 3.94% | $20M | 35.5K |
| 3 | FANGDIAMONDBACK ENERhistory → | Common Stock | 2.90% | $15M | 107.0K |
| 4 | EXMOCEXXON MOBIL CORPhistory → | Common Stock | 2.74% | $14M | 125.0K |
| 5 | JPMJPMORGAN CHASEhistory → | Common Stock | 2.39% | $12M | 90.0K |
| 6 | ENBENBRIDGE INChistory → | Common Stock | 2.26% | $11M | 291.0K |
| 7 | LNGCHENIERE ENERGYhistory → | Common Stock | 2.11% | $11M | 71.0K |
| 8 | BACVERIZON COMMUNIChistory → | Common Stock | 2.07% | $10M | 265.0K |
| 9 | KMBKIMBERLY-CLARKhistory → | Common Stock | 1.97% | $10M | 73.0K |
| 10 | PEPPEPSICO INChistory → | Common Stock | 1.83% | $9M | 51.0K |
| 11 | NEENEXTERA ENERGYhistory → | Common Stock | 1.74% | $9M | 105.0K |
| 12 | BLKCHFBLACKROCK INChistory → | Common Stock | 1.69% | $9M | 12.0K |
| 13 | PXDEURPIONEER NATURALhistory → | Common Stock | 1.68% | $8M | 37.0K |
| 14 | QCOMQUALCOMM INChistory → | Common Stock | 1.64% | $8M | 75.0K |
| 15 | MRKMERCK & COhistory → | Common Stock | 1.59% | $8M | 72.0K |
| 16 | PFEPFIZER INChistory → | Common Stock | 1.57% | $8M | 154.0K |
| 17 | HALHALLIBURTON COhistory → | Common Stock | 1.56% | $8M | 200.0K |
| 18 | AEPAMERICAN ELECTRIhistory → | Common Stock | 1.54% | $8M | 82.0K |
| 19 | KOCOCA-COLA CO/THEhistory → | Common Stock | 1.43% | $7M | 113.0K |
| 20 | TRPTC Energy Corphistory → | Common Stock | 1.34% | $7M | 170.0K |
| 21 | DDOMINION ENERGY INChistory → | Common Stock | 1.28% | $6M | 105.0K |
| 22 | 4I1PHILIP MORRIS INhistory → | Common Stock | 1.25% | $6M | 62.0K |
| 23 | 9KGNEXTIER OILFIELDhistory → | Common Stock | 1.23% | $6M | 670.0K |
| 24 | ETRENTERGY CORPhistory → | Common Stock | 1.23% | $6M | 55.0K |
| 25 | DYHTARGET CORPhistory → | Common Stock | 1.21% | $6M | 41.0K |
| 26 | OVVOVINTIV INChistory → | Common Stock | 1.21% | $6M | 120.0K |
| 27 | TAT&T INChistory → | Common Stock | 1.15% | $6M | 315.0K |
| 28 | APDAIR PRODS & CHEMhistory → | Common Stock | 1.10% | $6M | 18.0K |
| 29 | DWDMORGAN STANLEYhistory → | Common Stock | 1.10% | $6M | 65.0K |
| 30 | USBUS BANCORPhistory → | Common Stock | 1.09% | $5M | 126.0K |
| 31 | BCEBCE INChistory → | Common Stock | 1.09% | $5M | 125.0K |
| 32 | MRO*MARATHON OILhistory → | Common Stock | 1.07% | $5M | 200.0K |
| 33 | JNJJOHNSON&JOHNSONhistory → | Common Stock | 1.05% | $5M | 30.0K |
| 34 | TXNTEXAS INSTRUMENThistory → | Common Stock | 1.05% | $5M | 32.0K |
| 35 | CATCATERPILLAR INChistory → | Common Stock | 1.02% | $5M | 21.5K |
| 36 | HDHOME DEPOT INChistory → | Common Stock | 1.00% | $5M | 16.0K |
| 37 | BMTABRIT AMER TO-ADR | SPONSORED ADR | 0.99% | $5M | 125.0K |
| 38 | CTRACOTERRA ENERGY CORP | Common Stock | 0.98% | $5M | 202.0K |
| 39 | DUKDUKE ENERGY CORP | Common Stock | 0.98% | $5M | 48.0K |
| 40 | WHDCACTUS INC- A | CL A | 0.97% | $5M | 97.0K |
| 41 | CSCOCISCO SYSTEMS | Common Stock | 0.95% | $5M | 101.0K |
| 42 | TRGPTARGA RESOURCES | Common Stock | 0.95% | $5M | 65.0K |
| 43 | ALSALLSTATE CORP | Common Stock | 0.94% | $5M | 35.0K |
| 44 | AESAES CORP | Common Stock | 0.91% | $5M | 160.0K |
| 45 | SHELSHELL PLC-ADR | SPON ADR | 0.90% | $5M | 80.0K |
| 46 | OLNOLIN CORP | Common Stock | 0.88% | $4M | 84.0K |
| 47 | APY1EURCHAMPIONX CORP | Common Stock | 0.86% | $4M | 150.0K |
| 48 | VLOVALERO ENERGY | Common Stock | 0.86% | $4M | 34.0K |
| 49 | INTCINTEL CORP | Common Stock | 0.85% | $4M | 163.0K |
| 50 | BACBANK OF AMERICA | Common Stock | 0.85% | $4M | 130.0K |
Filing History
| Quarter | Reported Value | Positions | Filed | Type | Links |
|---|---|---|---|---|---|
| Q1 2026 | $976M | 142 | Apr 10, 2026 | 13F-HR | changes · EDGAR ↗ |
| Q4 2025 | $863M | 137 | Jan 12, 2026 | 13F-HR | changes · EDGAR ↗ |
| Q3 2025 | $827M | 141 | Oct 10, 2025 | 13F-HR | changes · EDGAR ↗ |
| Q2 2025 | $728M | 143 | Jul 11, 2025 | 13F-HR | changes · EDGAR ↗ |
| Q1 2025 | $694M | 140 | Apr 10, 2025 | 13F-HR | changes · EDGAR ↗ |
| Q4 2024 | $642M | 132 | Jan 17, 2025 | 13F-HR | changes · EDGAR ↗ |
| Q3 2024 | $615M | 131 | Oct 11, 2024 | 13F-HR | changes · EDGAR ↗ |
| Q2 2024 | $558M | 126 | Jul 16, 2024 | 13F-HR | changes · EDGAR ↗ |
| Q1 2024 | $553M | 123 | Apr 15, 2024 | 13F-HR | changes · EDGAR ↗ |
| Q4 2023 | $514M | 118 | Jan 17, 2024 | 13F-HR | changes · EDGAR ↗ |
| Q3 2023 | $496M | 116 | Oct 16, 2023 | 13F-HR | changes · EDGAR ↗ |
| Q2 2023 | $528M | 121 | Jul 20, 2023 | 13F-HR | changes · EDGAR ↗ |
| Q1 2023 | $519M | 110 | Apr 17, 2023 | 13F-HR | changes · EDGAR ↗ |
| Q4 2022 | $504M | 111 | Feb 2, 2023 | 13F-HR | changes · EDGAR ↗ |
| Q3 2022 | $424M | 112 | Oct 12, 2022 | 13F-HR | changes · EDGAR ↗ |
| Q2 2022 | $432M | 119 | Jul 18, 2022 | 13F-HR | changes · EDGAR ↗ |
| Q1 2022 | $439M | 117 | Apr 28, 2022 | 13F-HR | changes · EDGAR ↗ |
| Q4 2021 | $380M | 109 | Jan 14, 2022 | 13F-HR | changes · EDGAR ↗ |
| Q3 2021 | $346M | 112 | Oct 18, 2021 | 13F-HR | changes · EDGAR ↗ |
| Q2 2021 | $350M | 112 | Jul 19, 2021 | 13F-HR | changes · EDGAR ↗ |
| Q1 2021 | $335M | 119 | Apr 26, 2021 | 13F-HR | changes · EDGAR ↗ |
| Q4 2020 | $311M | 118 | Jan 21, 2021 | 13F-HR | changes · EDGAR ↗ |
| Q3 2020 | $269M | 118 | Oct 13, 2020 | 13F-HR | changes · EDGAR ↗ |
| Q2 2020 | $270M | 121 | Jul 27, 2020 | 13F-HR | changes · EDGAR ↗ |
| Q1 2020 | $227M | 118 | Apr 13, 2020 | 13F-HR | changes · EDGAR ↗ |
| Q4 2019 | $356M | 113 | Jan 15, 2020 | 13F-HR | changes · EDGAR ↗ |
| Q3 2019 | $350M | 117 | Oct 10, 2019 | 13F-HR | changes · EDGAR ↗ |
| Q2 2019 | $377M | 116 | Jul 16, 2019 | 13F-HR | changes · EDGAR ↗ |
| Q1 2019 | $402M | 116 | Apr 15, 2019 | 13F-HR | changes · EDGAR ↗ |
| Q4 2018 | $359M | 119 | Jan 23, 2019 | 13F-HR | changes · EDGAR ↗ |
13F filings are due up to 45 days after quarter end, so holdings shown here lag the fund’s current book. Source: original SEC filing on EDGAR ↗.