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Ole Andreas Halvorsen is back in SNOW after 3 years out, now 0.7% of the portfolio.

Re-entered with 960,138 shares worth $244.36M; the fund had sold out of the name in 2023 Q2.
Published · Based on SEC filings

Low impact
Re-entry
2026 Q2

Ole Andreas Halvorsen's Viking Global Investors returned to Snowflake Inc (SNOW) in 2026 Q2, according to the 13F-HR filed with the SEC on August 14, 2026: 960K shares worth about $244.4M at June 30, 2026, 0.7% of the portfolio. The fund had sold out of the name in 2023 Q2. SNOW enters the book as the 47th largest of 90 stock positions.

What did the 2026 Q2 filing report for SNOW?

As of June 30, 2026, from the 13F-HR filed August 14, 2026.

Value
Shares 960K
Reported value $244.4M
Portfolio weight 0.7%
Rank in portfolio 47th of 90
Sold out in 2023 Q2
Out for 3 years

How big is the returning SNOW position?

Ole Andreas Halvorsen opened 34 stock positions in 2026 Q2; SNOW is the 11th largest of them by weight. An average stock position in the Ole Andreas Halvorsen portfolio is 1% of the reported value, so the new name starts below the fund's typical size.

Where does SNOW sit in the Ole Andreas Halvorsen portfolio?

SNOW ranks 47th of 90 stock positions in the Ole Andreas Halvorsen portfolio at 0.7%, below the fund's average stock position of 1%. The SNOW purchase was the 35th largest of the quarter's 101 position changes by percent change to portfolio. The largest stock position is V at 6.25%. Next come TSM at 4.31% and APD at 3.96%. The three largest stocks together are 14.53% of the book. Across the 2026 Q2 portfolio, Ole Andreas Halvorsen reported 90 stock positions, with 34 opened and 21 closed. The total portfolio value is about $35.1B, down 2% from the prior quarter.

Ole Andreas Halvorsen buys and sells, 2026 Q2

When did Ole Andreas Halvorsen hold SNOW before?

Ole Andreas Halvorsen held SNOW before. The fund first reported the name in the quarter ended September 30, 2020, sold out twice, most recently in 2023 Q2, and is back after 3 years out. The weight peaked at 1.19% in 2021 Q3. Every reported trade is on the Ole Andreas Halvorsen SNOW trade history page.

Ole Andreas Halvorsen shares of SNOW by quarter

FAQ

How many SNOW shares does Ole Andreas Halvorsen hold?

Ole Andreas Halvorsen holds 960K shares of SNOW as of June 30, 2026, worth about $244.4M.

What is SNOW's weight in the Ole Andreas Halvorsen portfolio?

SNOW is 0.7% of the Ole Andreas Halvorsen portfolio and ranks 47th of 90 stocks by weight.

Has Ole Andreas Halvorsen owned SNOW before?

Yes. Ole Andreas Halvorsen held SNOW before. The fund first reported the name in the quarter ended September 30, 2020, sold out twice, most recently in 2023 Q2, and is back after 3 years out.

Source: based on original SEC filings

Figures are from the fund's 13F, which lists long US-listed positions at quarter-end prices. Cash, short positions and most non-US holdings are not reported.
Stocks mentioned
Amelia Ingram
Amelia Ingram
Valuesider analyst