Viking Global Investors Reports 7.1% Stake in Fortive Corp Following Executive Retirement
Viking Global Investors LP and its affiliates filed an Amendment No. 2 to Schedule 13G on May 15, 2026, reporting a 7.1% ownership stake in Fortive Corp (FTV). The reporting group, which includes O. Andreas Halvorsen and Rose S. Shabet, beneficially owns 22,479,388 shares of common stock. This filing primarily serves to update the reporting group following the retirement of David C. Ott, effective March 31, 2026. Mr. Ott is no longer a reporting person as he no longer holds beneficial ownership of the shares. The aggregate holdings are distributed across several entities, including Viking Global Equities Master Ltd. (4.5%) and Viking Long Fund Master Ltd. (1.6%). The filing confirms that the securities were acquired in the ordinary course of business and not for the purpose of changing or influencing the control of the issuer. The percentages are based on 307,859,190 shares outstanding as of February 20, 2026.