--- title: "Viking Global Opens Fresh Apple Stake Worth Nearly $1 Billion As Big Tech Trade Roars Back" type: "News" locale: "en" url: "https://longbridge.com/en/news/286801370.md" description: "Viking Global Investors has opened a new $912 million stake in Apple Inc., signaling a resurgence in Big Tech investments. The hedge fund also added positions in Meta, Reddit, and CoreWeave, while increasing its stakes in Tesla and Carvana. This move reflects a shift towards growth stocks despite ongoing macroeconomic uncertainties, indicating institutional investors' renewed interest in major tech companies." datetime: "2026-05-18T16:56:13.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/286801370.md) - [en](https://longbridge.com/en/news/286801370.md) - [zh-HK](https://longbridge.com/zh-HK/news/286801370.md) --- # Viking Global Opens Fresh Apple Stake Worth Nearly $1 Billion As Big Tech Trade Roars Back Tiger Cub giant **Viking Global Investors** may have just delivered one of Wall Street's clearest signals yet that the Big Tech trade is back in fashion. ## Apple Stake Signals Big Tech Revival The hedge fund, founded by billionaire investor **Ole Andreas Halvorsen**, revealed in its latest 13F filing that it opened a brand-new position in **Apple Inc.** (NASDAQ:AAPL) worth roughly $912 million during the first quarter. The fund added more than 3.59 million Apple shares in what instantly became one of its largest new positions as of March 31. But Apple wasn't the only tech giant making its way into Viking's shopping cart. The hedge fund also disclosed fresh positions in **Meta Platforms, Inc.** (NASDAQ:META), **Reddit, Inc** (NYSE:RDDT) and AI cloud infrastructure player **CoreWeave, Inc.** (NASDAQ:CRWV), suggesting hedge funds may once again be leaning aggressively toward growth after a volatile start to the year. **Read Also: Cerebras' 68% Rally Signals Demand Beyond Magnificent 7 AI Plays** ## Tesla And Carvana Bets Grow Viking's filing also showed the fund leaning harder into higher-beta momentum names. The hedge fund boosted its stake in **Tesla, Inc.** (NASDAQ:TSLA) by 47% quarter-over-quarter while nearly doubling its position in **Carvana Co.** (NYSE:CVNA). That combination — mega-cap safety on one side and speculative growth on the other — may reflect how hedge funds are increasingly positioning for a market that still rewards risk despite lingering macro uncertainty. Apple's inclusion is especially notable because Viking had no position in the iPhone maker at the end of 2025. The sudden appearance of a near-billion-dollar stake suggests conviction rather than routine portfolio balancing. ## FedEx And Hasbro Add Economic Twist The filing also showed Viking opening fresh stakes in legacy economy names, including **FedEx Corp** (NYSE:FDX), **Hasbro, Inc.** (NASDAQ:HAS), and **Home Depot, Inc.** (NYSE:HD), hinting the firm is not making a narrow AI-only bet. Still, the Apple position stood out. For a hedge fund known for concentrated, high-conviction investing, allocating nearly $1 billion to Apple after sitting on the sidelines could signal that institutional investors are once again willing to pay up for scale, cash flow and AI optionality. **Read Also: Coatue Cuts Tesla Position By 96%, Trims Nvidia While Buying Lucid And Hertz** _Image via Shutterstock_ ### Related Stocks - [META.US](https://longbridge.com/en/quote/META.US.md) - [CVNA.US](https://longbridge.com/en/quote/CVNA.US.md) - [TSLA.US](https://longbridge.com/en/quote/TSLA.US.md) - [AAPX.US](https://longbridge.com/en/quote/AAPX.US.md) - [AAPB.US](https://longbridge.com/en/quote/AAPB.US.md) - [AAPD.US](https://longbridge.com/en/quote/AAPD.US.md) - [AAPU.US](https://longbridge.com/en/quote/AAPU.US.md) - [AAPY.US](https://longbridge.com/en/quote/AAPY.US.md) - [APLY.US](https://longbridge.com/en/quote/APLY.US.md) - [AAPL.US](https://longbridge.com/en/quote/AAPL.US.md) ## Related News & Research - [GIPHY Extends Multi-Year Integration Partnership with Meta | SSTK Stock News](https://longbridge.com/en/news/286926344.md) - [Nectar Social Raises $30M Series A to Build the Agentic Operating System for Modern Marketing](https://longbridge.com/en/news/286426940.md) - [What's Going On With Meta Platforms Stock Today?](https://longbridge.com/en/news/286272851.md) - [Meta Offers WhatsApp Access to AI Rivals in Europe, but There's a Catch](https://longbridge.com/en/news/286959569.md) - [Meta brings virtual writing to everyone with Meta Ray-Ban Display glasses](https://longbridge.com/en/news/286470160.md)