13F HOLDINGS REPORT
VIKING FUND MANAGEMENT LLC
Quarter ended Q3 2025 · Filed October 10, 2025 · Accession 0001169069-25-000009
Total Value
$827.4M
Positions
141
Other Managers
0
Confidential Omitted
No
Holdings (141)
| # | Issuer | Ticker / CUSIP | Shares | Value | % of Filing |
|---|---|---|---|---|---|
| 1 | BROADCOM INC | AVGO | 95,000 | $31.3M | 3.79% |
| 2 | NEXTERA ENERGY | NEE-PW | 395,000 | $29.8M | 3.60% |
| 3 | TC Energy Corp | TRPRF | 542,000 | $29.5M | 3.56% |
| 4 | CHEVRON CORP | CVX | 151,500 | $23.5M | 2.84% |
| 5 | ENTERGY CORP | ENO | 220,000 | $20.5M | 2.48% |
| 6 | CORNING INC | GLW | 230,000 | $18.9M | 2.28% |
| 7 | PEPSICO INC | PEP | 131,000 | $18.4M | 2.22% |
| 8 | ABBVIE INC | ABBV | 77,000 | $17.8M | 2.15% |
| 9 | XCEL ENERGY INC | XELLL | 220,000 | $17.7M | 2.14% |
| 10 | MORGAN STANLEY | MS-PQ | 102,000 | $16.2M | 1.96% |
| 11 | BRISTOL-MYER SQB | CELG-RI | 321,000 | $14.5M | 1.75% |
| 12 | EXXON MOBIL CORP | XOM | 125,000 | $14.1M | 1.70% |
| 13 | CITIGROUP INC | C-PR | 130,000 | $13.2M | 1.59% |
| 14 | PRUDENTL FINL | PUKPF | 124,000 | $12.9M | 1.55% |
| 15 | VERIZON COMMUNIC | VZ | 286,000 | $12.6M | 1.52% |
| 16 | QUALCOMM INC | QCOM | 75,000 | $12.5M | 1.51% |
| 17 | JPMORGAN CHASE | VYLD | 39,000 | $12.3M | 1.49% |
| 18 | NVIDIA CORP | NVDA | 65,000 | $12.1M | 1.47% |
| 19 | AT&T INC | T-PC | 425,000 | $12.0M | 1.45% |
| 20 | PHILLIPS 66 | PSX | 87,000 | $11.8M | 1.43% |
| 21 | ALTRIA GROUP INC | MO | 177,000 | $11.7M | 1.41% |
| 22 | CME GROUP INC | CME | 42,000 | $11.3M | 1.37% |
| 23 | HOME DEPOT INC | HD | 26,000 | $10.5M | 1.27% |
| 24 | MCCORMICK-N/V | MKC-V | 150,000 | $10.0M | 1.21% |
| 25 | BRIT AMER TO-ADR | 110448107 | 188,000 | $10.0M | 1.21% |
| 26 | HEWLETT PACKA | HPE-PC | 400,000 | $9.8M | 1.19% |
| 27 | KENVUE INC | KVUE | 605,000 | $9.8M | 1.19% |
| 28 | PERMIAN RESOURCE | PR | 741,000 | $9.5M | 1.15% |
| 29 | KIMBERLY-CLARK | KMB | 76,000 | $9.4M | 1.14% |
| 30 | LAM RESEARCH | LRCX | 70,000 | $9.4M | 1.13% |
| 31 | BANK OF AMERICA | 060505104 | 180,000 | $9.3M | 1.12% |
| 32 | ENBRIDGE INC | ENNPF | 174,500 | $8.8M | 1.06% |
| 33 | PFIZER INC | PFE | 334,000 | $8.5M | 1.03% |
| 34 | ELI LILLY & CO | LLY | 11,000 | $8.4M | 1.01% |
| 35 | MERCK & CO | MRK | 100,000 | $8.4M | 1.01% |
| 36 | DELL TECHN-C | DELL | 57,000 | $8.1M | 0.98% |
| 37 | COCA-COLA CO/THE | KO | 120,000 | $8.0M | 0.96% |
| 38 | TARGET CORP | TGT | 88,000 | $7.9M | 0.95% |
| 39 | OLD REPUB INTL | 680223104 | 180,000 | $7.6M | 0.92% |
| 40 | GENUINE PARTS CO | GPC | 55,000 | $7.6M | 0.92% |
| 41 | EVERGY INC | EVRG | 100,000 | $7.6M | 0.92% |
| 42 | LOCKHEED MARTIN | LMT | 15,000 | $7.5M | 0.91% |
| 43 | AIR PRODS & CHEM | AIIR | 26,000 | $7.1M | 0.86% |
| 44 | BAKER HUGHES A | BKR | 144,000 | $7.0M | 0.85% |
| 45 | IBM | INTR | 24,000 | $6.8M | 0.82% |
| 46 | KLA-TENCOR CORP | KLAC | 6,000 | $6.5M | 0.78% |
| 47 | CHENIERE ENERGY | LNG | 27,000 | $6.3M | 0.77% |
| 48 | MCDONALDS CORP | MCD | 20,000 | $6.1M | 0.73% |
| 49 | AMER FINL GROUP | 025932104 | 41,000 | $6.0M | 0.72% |
| 50 | TEXAS INSTRUMENT | 882508104 | 32,000 | $5.9M | 0.71% |
| 51 | BLACKROCK INC | BLK | 5,000 | $5.8M | 0.70% |
| 52 | PHILIP MORRIS IN | 718172109 | 35,000 | $5.7M | 0.69% |
| 53 | NRG ENERGY INC | NRG | 35,000 | $5.7M | 0.69% |
| 54 | PAYCHEX INC | PAYX | 43,000 | $5.5M | 0.66% |
| 55 | UNUM GROUP | UNMA | 70,000 | $5.4M | 0.66% |
| 56 | PUB SERV ENTERP | 744573106 | 65,000 | $5.4M | 0.66% |
| 57 | ALLSTATE CORP | ALL-PJ | 25,000 | $5.4M | 0.65% |
| 58 | APPLE INC | AAPL | 21,000 | $5.3M | 0.65% |
| 59 | VISA INC-CLASS A | V | 15,000 | $5.1M | 0.62% |
| 60 | ARCHROCK INC | AROC | 190,000 | $5.0M | 0.60% |
| 61 | VERTIV HOLDING-A | VRT | 33,000 | $5.0M | 0.60% |
| 62 | VALERO ENERGY | VLO | 29,000 | $4.9M | 0.60% |
| 63 | ACCENTURE PLC-A | ACN | 20,000 | $4.9M | 0.60% |
| 64 | SPIRE INC | SRJN | 60,000 | $4.9M | 0.59% |
| 65 | UNITED PARCEL-B | UPS | 58,500 | $4.9M | 0.59% |
| 66 | ANTERO RESOURCES | AR | 145,000 | $4.9M | 0.59% |
| 67 | KODIAK GAS SERVI | 50012A108 | 127,000 | $4.7M | 0.57% |
| 68 | TRANE TECHNOLOGI | TT | 11,000 | $4.6M | 0.56% |
| 69 | CLOUDFLARE INC-A | NET | 21,000 | $4.5M | 0.54% |
| 70 | ILLINOIS TOOL WO | 452308109 | 17,000 | $4.4M | 0.54% |
| 71 | FIRST SOLAR INC | FSLR | 20,000 | $4.4M | 0.53% |
| 72 | GULFPORT ENERGY | GPOR | 24,000 | $4.3M | 0.52% |
| 73 | TARGA RESOURCES | TRGP | 25,000 | $4.2M | 0.51% |
| 74 | VISTRA CORP | VST | 21,000 | $4.1M | 0.50% |
| 75 | MASTERCARD INC-A | MA | 7,000 | $4.0M | 0.48% |
| 76 | EQT CORP | EQT | 70,000 | $3.8M | 0.46% |
| 77 | INTUIT INC | INTU | 5,000 | $3.4M | 0.41% |
| 78 | STARBUCKS CORP | SBUX | 40,000 | $3.4M | 0.41% |
| 79 | EXPAND ENERGY CORP | EXE | 30,000 | $3.2M | 0.39% |
| 80 | MICROSOFT CORP | MSFT | 6,000 | $3.1M | 0.38% |
| 81 | CYBERARK SOFTWAR | M2682V108 | 6,000 | $2.9M | 0.35% |
| 82 | WASTE MANAGEMENT | 94106L109 | 13,000 | $2.9M | 0.35% |
| 83 | PEMBINA PIPELINE | PPLOF | 70,000 | $2.8M | 0.34% |
| 84 | PROCTER & GAMBLE | 742718109 | 18,000 | $2.8M | 0.33% |
| 85 | ADV MICRO DEVICE | AMD | 17,000 | $2.8M | 0.33% |
| 86 | SCHLUMBERGER LTD | SLB | 80,000 | $2.7M | 0.33% |
| 87 | EXELON CORP | EXC | 60,000 | $2.7M | 0.33% |
| 88 | DIGITALOCEAN HOL | DOCN | 75,000 | $2.6M | 0.31% |
| 89 | CONOCOPHILLIPS | COP | 27,000 | $2.6M | 0.31% |
| 90 | LOWE'S COS INC | 548661107 | 10,000 | $2.5M | 0.30% |
| 91 | PRIMORIS SERVICE | 74164F103 | 18,000 | $2.5M | 0.30% |
| 92 | S&P GLOBAL INC | SPGI | 5,000 | $2.4M | 0.29% |
| 93 | DIAMONDBACK ENER | FANG | 17,000 | $2.4M | 0.29% |
| 94 | THERMO FISHER | TMO | 5,000 | $2.4M | 0.29% |
| 95 | DEERE & CO | DE | 5,000 | $2.3M | 0.28% |
| 96 | EXCELERATE ENE-A | EE | 90,000 | $2.3M | 0.27% |
| 97 | LANDBRIDGE CO LL | LB | 40,000 | $2.1M | 0.26% |
| 98 | KINDER MORGAN IN | EP-PC | 75,000 | $2.1M | 0.26% |
| 99 | UNITEDHEALTH GRP | UNH | 6,000 | $2.1M | 0.25% |
| 100 | PNC FINANCIAL SE | 693475105 | 10,000 | $2.0M | 0.24% |
| 101 | VENTURE GLOBAL-A | VG | 140,000 | $2.0M | 0.24% |
| 102 | MONDAY.COM LTD | MNDY | 10,000 | $1.9M | 0.23% |
| 103 | CATERPILLAR INC | CAT | 4,000 | $1.9M | 0.23% |
| 104 | TEXAS PACIFIC LA | TPL | 2,000 | $1.9M | 0.23% |
| 105 | TESLA INC | TSLA | 4,000 | $1.8M | 0.21% |
| 106 | GE VERNOVA INC | GEV | 2,800 | $1.7M | 0.21% |
| 107 | COTERRA ENERGY CORP | CTRA | 70,000 | $1.7M | 0.20% |
| 108 | FEDEX CORP | FDX | 7,000 | $1.7M | 0.20% |
| 109 | NEXTRACKER-CL A | NXT | 22,000 | $1.6M | 0.20% |
| 110 | TECHNIPFMC PLC | FTI | 40,000 | $1.6M | 0.19% |
| 111 | EDWARDS LIFE | EW | 20,000 | $1.6M | 0.19% |
| 112 | CAMECO CORP | CCJ | 17,000 | $1.4M | 0.17% |
| 113 | CONSTELLATION EN | CEG | 4,000 | $1.3M | 0.16% |
| 114 | MODINE MFG CO | 607828100 | 8,000 | $1.1M | 0.14% |
| 115 | SHOALS TECHNOL-A | SHLS | 150,000 | $1.1M | 0.13% |
| 116 | TYLER TECHNOLOG | TYL | 2,000 | $1.0M | 0.13% |
| 117 | QUANTA SERVICES | 74762E102 | 2,500 | $1.0M | 0.13% |
| 118 | CISCO SYSTEMS | CSCO | 15,000 | $1.0M | 0.12% |
| 119 | TENARIS-ADR | 88031M109 | 28,000 | $1.0M | 0.12% |
| 120 | GENERAC HOLDINGS | GNRC | 4,000 | $669,600 | 0.08% |
| 121 | BHP GROUP-ADR | BHPLF | 10,000 | $557,500 | 0.07% |
| 122 | PATTERSON-UTI | PTEN | 100,000 | $518,000 | 0.06% |
| 123 | RIO TINTO-ADR | RTNTF | 7,000 | $462,070 | 0.06% |
| 124 | NOBLE CORP PLC | NE-WT | 15,000 | $424,200 | 0.05% |
| 125 | AES CORP | AES | 30,000 | $394,800 | 0.05% |
| 126 | BEST BUY CO INC | BBY | 5,000 | $378,100 | 0.05% |
| 127 | EXPRO GROUP HOLD | XPRO | 30,000 | $356,400 | 0.04% |
| 128 | REGIONS FINANCIA | RF-PF | 12,000 | $316,440 | 0.04% |
| 129 | EVERSOURCE ENERG | ES | 4,000 | $284,560 | 0.03% |
| 130 | CAL-MAINE FOODS | CALM | 3,000 | $282,300 | 0.03% |
| 131 | DORIAN LPG LTD | LPG | 9,000 | $268,200 | 0.03% |
| 132 | LYONDELLBASELL-A | LYB | 5,000 | $245,200 | 0.03% |
| 133 | PORTLAND GENERAL | 736508847 | 5,500 | $242,000 | 0.03% |
| 134 | DOMINION ENERGY INC | D | 3,500 | $214,095 | 0.03% |
| 135 | DIVERSIFIED ENER | DEC | 15,000 | $210,150 | 0.03% |
| 136 | SOUTH BOW CORP | SOBO | 6,000 | $169,740 | 0.02% |
| 137 | BCE INC | BCPPF | 6,000 | $140,340 | 0.02% |
| 138 | TRUIST FINANCIAL | 89832Q109 | 3,000 | $137,160 | 0.02% |
| 139 | TRANSDIGM GROUP | TDG | 100 | $131,802 | 0.02% |
| 140 | WHIRLPOOL CORP | WHR-PA | 1,500 | $117,900 | 0.01% |
| 141 | WENDY'S CO/THE | 95058W100 | 12,000 | $109,920 | 0.01% |