Get Premium to unlock powerful stock data

Andreas Halvorsen Tightens Grip on Coupa Software

Viking Global doubles its position in cloud-based spending company

Author's Avatar
James Li
Jul 20, 2021


  • Viking Global boosted Coupa Software position by approximately 114%.
  • The trade increased the equity portfolio by 1.63%.
Article's Main Image

Andreas Halvorsen (Trades, Portfolio), founding partner and chief investment officer of Viking Global, disclosed this week that his firm boosted its Coupa Software Inc. (COUP, Financial) position by approximately 114% on July 8 according to GuruFocus Real-Time Picks, a Premium feature.

A former employee of

Julian Robertson (Trades, Portfolio)’s Tiger Management, Halvorsen founded Greenwich, Connecticut-based Viking Global in 1999. The firm seeks long-term capital appreciation by selecting public and private equity securities across industries and geographies using fundamental analysis and applications of cyclical and secular industry trends.


Transaction details

Viking Global disclosed a holding of 3,845,719 shares of Coupa Software (

COUP, Financial), up 2,050,954 shares or 114.27% from the first-quarter 2021 holding of 1,794,765 shares. The shares traded around $270.76 on the July 8 transaction date; the stock is fairly valued based on Tuesday’s price-to-GF-Value ratio of 0.93.



Company background

San Mateo, California-based Coupa Software offers a cloud-based business software management platform that provides companies with more control and visibility into how they spend money. For the quarter ending April 30, Coupa reported revenue of $166.9 million, up 40% year over year driven on subscription revenue growth of 33%.


GuruFocus ranks the company’s financial strength 4 out of 10: Although it has a strong Altman Z-score of 4.2, Coupa has a weak Piotroski F-score of 3 and debt-to-equity ratios underperforming more than 90% of global competitors.


Other gurus with large holdings in Coupa Software include

Steve Mandel (Trades, Portfolio)’s Lone Pine and Chase Coleman (Trades, Portfolio)’s Tiger Global Management.


Also check out:
Not a Premium Member of GuruFocus? Sign up for a free 7-day trial here.


I/we have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours.
4 / 5 (1 votes)

Please Login to leave a comment

Author's Avatar