ThornTree Capital Partners LP: VIKING HOLDINGS LTD (VIK): Quarterly 13F Position History
As of Q1 2026, ThornTree Capital Partners LP reported 677,087 shares of VIKING HOLDINGS LTD (VIK), worth $49.8M and representing 8.8% of its 13F equity book. Quarter-over-quarter share count change: + 57,092 (+9.2%) . The position first appeared in Q2 2024 and has been disclosed across 8 13F-HR filings in Pactolio's tracked window.
- 677,087Shares Held (Latest Filing)
- $49.8MReported Market Value (Latest Filing)
- 8.8%Portfolio Weight (% of 13F Equity Book)
- +57,092Quarter-over-Quarter Share Change
- +$5.5MQuarter-over-Quarter Value Change
- 1,086,322Peak Reported Shares (Historical)
Quarterly 13F-HR Disclosure History Source: SEC 13F-HR filings, 8 quarter s
| Quarter | Shares | QoQ Share Change | Share Change (%) | Market Value | Weight | Implied Price |
|---|---|---|---|---|---|---|
| Q1 2026 | 677,087 | +57,092 | +9.2% | $49.8M | 8.8% | $73.5 |
| Q4 2025 | 619,995 | 0 | — | $44.3M | 7.4% | $71.4 |
| Q3 2025 | 619,995 | 165,865 | -21.1% | $38.5M | 5.9% | $62.2 |
| Q2 2025 | 785,860 | 173,197 | -18.1% | $41.9M | 7.0% | $53.3 |
| Q1 2025 | 959,057 | 18,151 | -1.9% | $38.1M | 8.4% | $39.8 |
| Q4 2024 | 977,208 | 109,114 | -10.0% | $43.1M | 7.2% | $44.1 |
| Q3 2024 | 1,086,322 | +191,717 | +21.4% | $37.9M | 7.9% | $34.9 |
| Q2 2024 | 894,605 | — | — | $30.4M | 5.2% | $33.9 |
Methodology & FAQ
How This Position History Is Sourced
Each row is one SEC Form 13F-HR filing disclosing this position. Share count, market value, and reported quarter are taken verbatim from the filing; portfolio weight is recomputed against the same filing's total reported equity book. Implied price-per-share is market value divided by shares — a quarter-end mark, not the manager's cost basis. See the full methodology document for the normalization rules.
When did ThornTree Capital Partners LP first disclose a VIK position in 13F-HR filings?
ThornTree Capital Partners LP first reported VIKING HOLDINGS LTD (VIK) on its 13F-HR filing for the period ending 2024-06-30 (Q2 2024). The position has appeared on 8 reported quarters within Pactolio's tracked window.
What was ThornTree Capital Partners LP's most recent quarter-over-quarter share-count change in VIK?
Between Q4 2025 and Q1 2026, ThornTree Capital Partners LP added 57,092 shares of VIK (+9.2%), bringing the total reported position to 677,087 shares at a market value of $49.8M.
Does the implied price-per-share represent ThornTree Capital Partners LP's cost basis in VIK?
No. The implied price-per-share column is the 13F-HR reported market value divided by reported share count on the filing date (end of quarter). It is a quarter-end mark, not a cost basis or transaction price. Use it as a sanity check on the value column, not as an indicator of the manager's entry or exit price.