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Viking Global (ORIC) reports 8.26M shares; 2.44M warrant rights disclosed

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Form Type
SCHEDULE 13G/A

Rhea-AI Filing Summary

Oric Pharmaceuticals, Inc. Schedule 13G/A reports that Viking Global Investors and affiliated reporting persons beneficially own 8,264,607 shares of Common Stock, representing 7.8% of the class. The filing states 103,486,412 shares outstanding as of March 31, 2026 and that the reporting persons hold rights to purchase 2,440,074 shares upon exercise of pre-funded warrants. The amendment notes that David C. Ott retired effective March 31, 2026 and was removed as a reporting person. The disclosure cites Rule 13d-3 for beneficial ownership attribution and lists the related Viking entities and principals with shared voting and dispositive power over the reported shares.

Positive

  • None.

Negative

  • None.

Insights

Large activist-style holding disclosed with shared control across Viking entities.

Viking Global Investors and related funds report beneficial ownership of 8,264,607 shares, equal to 7.8% of Oric's outstanding common stock as of March 31, 2026. The position combines directly owned shares and 2,440,074 pre-funded warrant rights, attributed under Rule 13d-3.

The filing clarifies voting/dispositive authority is shared among multiple Viking entities and two named executives, and documents the retirement of David C. Ott. Subsequent filings would show if the group changes holdings or voting arrangements.

Disclosure quantifies stake and exercise rights that could affect future supply if warrants are exercised.

The report states 103,486,412 shares outstanding and that Reporting Persons have rights to acquire 2,440,074 shares via pre-funded warrants. The filing treats those warrant interests as part of the beneficial-ownership calculation under the cited rule.

Cash‑flow treatment and timing of any exercise are not specified in the excerpt; holder decisions and any exercises would determine actual share supply and dilution.

Beneficial ownership 8,264,607 shares reported beneficially owned by Viking Global and related persons
Percent of class 7.8% based on shares outstanding as of March 31, 2026
Shares outstanding 103,486,412 shares outstanding as of March 31, 2026 per issuer 10-Q
Warrant rights 2,440,074 shares rights to purchase upon exercise of pre-funded warrants
VGOP direct ownership 3,821,853 shares shares directly owned by VGOP
VGOD direct ownership 2,002,680 shares shares directly owned by VGOD
pre-funded warrants financial
"rights to purchase 2,440,074 shares upon exercise of the Warrants"
Pre-funded warrants are financial instruments that give investors the right to purchase a company's stock at a set price, but with most or all of the purchase price paid upfront. They function like a coupon or gift card for stock, allowing investors to buy shares later at a fixed price, which can be beneficial if they want to avoid future price increases. This makes them important for investors seeking flexibility and certainty in their investment plans.
Rule 13d-3 regulatory
"Based on Rule 13d-3, VGI may be deemed to beneficially own"
Rule 13d-3 defines who is treated as the beneficial owner of a company’s shares for U.S. securities disclosure rules — essentially anyone who has the power to vote or direct how shares are voted, or the power to buy or sell them, even if they don’t hold the certificates. For investors this matters because crossing certain ownership thresholds triggers public filing and disclosure obligations and signals potential control or influence, much like having the keys to a car implies you can drive it even if it’s registered to someone else.
beneficially own regulatory
"VGI beneficially owns 8,264,607 shares of Common Stock consisting of"
Beneficially own means having the economic rights and risks of a security—such as the right to receive dividends, sell the shares, or profit from price changes—whether or not your name appears on the official share register. Think of it like renting a car: you use it and reap the benefits even if the title lists someone else. Investors care because beneficial ownership determines who truly controls value, must be disclosed under securities rules, and can signal potential influence or trading activity that affects a stock’s price.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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FAQ

What stake does Viking Global report in ORIC?

Viking Global and affiliated reporting persons report beneficial ownership of 8,264,607 shares, representing 7.8% of the class based on 103,486,412 shares outstanding as of March 31, 2026.

Do the reported holdings include warrants in ORIC?

Yes. The filing counts rights to purchase 2,440,074 shares via pre-funded warrants when calculating beneficial ownership under Rule 13d-3, and those warrant rights are included in the reported totals.

Which Viking entities are named as beneficial owners?

The filing names multiple affiliated entities, including Viking Global Investors LP, Viking Global Opportunities entities, VGOP and VGOD, and related GP and portfolio GP entities as reporting persons holding the disclosed interests.

Was there any change in the reporting persons?

Yes. The amendment states that David C. Ott retired effective March 31, 2026 and has been removed as a reporting person because he no longer beneficially owns any of the reported shares.





68622P109

(CUSIP Number)
03/31/2026

(Date of Event Which Requires Filing of this Statement)


Check the appropriate box to designate the rule pursuant to which this Schedule is filed:
Rule 13d-1(b)
Rule 13d-1(c)
Rule 13d-1(d)




schemaVersion:


SCHEDULE 13G




Comment for Type of Reporting Person: See Item 4


SCHEDULE 13G




Comment for Type of Reporting Person: See Item 4


SCHEDULE 13G




Comment for Type of Reporting Person: See Item 4


SCHEDULE 13G




Comment for Type of Reporting Person: See Item 4


SCHEDULE 13G




Comment for Type of Reporting Person: See Item 4


SCHEDULE 13G




Comment for Type of Reporting Person: See Item 4


SCHEDULE 13G




Comment for Type of Reporting Person: See Item 4


SCHEDULE 13G




Comment for Type of Reporting Person: See Item 4


SCHEDULE 13G




Comment for Type of Reporting Person: See Item 4


SCHEDULE 13G




Comment for Type of Reporting Person: See Item 4


SCHEDULE 13G



VIKING GLOBAL INVESTORS LP
Signature:/s/ Scott M. Hendler
Name/Title:Scott M. Hendler on behalf of VIKING GLOBAL INVESTORS LP (1)(2)
Date:05/15/2026
Viking Global Opportunities Parent GP LLC
Signature:/s/ Scott M. Hendler
Name/Title:Scott M. Hendler on behalf of Viking Global Opportunities Parent GP LLC (1)(2)
Date:05/15/2026
Viking Global Opportunities GP LLC
Signature:/s/ Scott M. Hendler
Name/Title:Scott M. Hendler on behalf of Viking Global Opportunities GP LLC (1)(2)
Date:05/15/2026
Viking Global Opportunities Portfolio GP LLC
Signature:/s/ Scott M. Hendler
Name/Title:Scott M. Hendler on behalf of Viking Global Opportunities Portfolio GP LLC (1)(2)
Date:05/15/2026
Viking Global Opportunities Illiquid Investments Sub-Master LP
Signature:/s/ Scott M. Hendler
Name/Title:Scott M. Hendler on behalf of Viking Global Opportunities Illiquid Investments Sub-Master LP (1)(2)
Date:05/15/2026
Viking Global Opportunities Drawdown GP LLC
Signature:/s/ Scott M. Hendler
Name/Title:Scott M. Hendler on behalf of Viking Global Opportunities Drawdown GP LLC (1)(2)
Date:05/15/2026
Viking Global Opportunities Drawdown Portfolio GP LLC
Signature:/s/ Scott M. Hendler
Name/Title:Scott M. Hendler on behalf of Viking Global Opportunities Drawdown Portfolio GP LLC (1)(2)
Date:05/15/2026
Viking Global Opportunities Drawdown (Aggregator) LP
Signature:/s/ Scott M. Hendler
Name/Title:Scott M. Hendler on behalf of Viking Global Opportunities Drawdown (Aggregator) LP (1)(2)
Date:05/15/2026
HALVORSEN OLE ANDREAS
Signature:/s/ Scott M. Hendler
Name/Title:Scott M. Hendler on behalf of O. Andreas Halvorsen (1)
Date:05/15/2026
Shabet Rose Sharon
Signature:/s/ Scott M. Hendler
Name/Title:Scott M. Hendler on behalf of Rose S. Shabet (2)
Date:05/15/2026

Comments accompanying signature: (1) Scott M. Hendler is signing on behalf of O. Andreas Halvorsen, individually and as an Executive Committee Member of VIKING GLOBAL PARTNERS LLC, on behalf of VIKING GLOBAL INVESTORS LP, and as an Executive Committee Member of VIKING GLOBAL OPPORTUNITIES PARENT GP LLC, on behalf of itself and VIKING GLOBAL OPPORTUNITIES GP LLC, VIKING GLOBAL OPPORTUNITIES PORTFOLIO GP LLC, VIKING GLOBAL OPPORTUNITIES ILLIQUID INVESTMENTS SUB-MASTER LP, VIKING GLOBAL OPPORTUNITIES DRAWDOWN GP LLC, VIKING GLOBAL OPPORTUNITIES DRAWDOWN PORTFOLIO GP LLC and VIKING GLOBAL OPPORTUNITIES DRAWDOWN (AGGREGATOR) LP, pursuant to an authorization and designation letter dated February 9, 2021, which was previously filed with the Commission as an exhibit to a Form 13G filed by Mr. Halvorsen on February 12, 2021 (SEC File No. 005-49737). (2) Scott M. Hendler is signing on behalf of Rose S. Shabet, individually and as an Executive Committee Member of VIKING GLOBAL PARTNERS LLC, on behalf of VIKING GLOBAL INVESTORS LP, and as an Executive Committee Member of VIKING GLOBAL OPPORTUNITIES PARENT GP LLC, on behalf of itself and VIKING GLOBAL OPPORTUNITIES GP LLC, VIKING GLOBAL OPPORTUNITIES PORTFOLIO GP LLC, VIKING GLOBAL OPPORTUNITIES ILLIQUID INVESTMENTS SUB-MASTER LP, VIKING GLOBAL OPPORTUNITIES DRAWDOWN GP LLC, VIKING GLOBAL OPPORTUNITIES DRAWDOWN PORTFOLIO GP LLC and VIKING GLOBAL OPPORTUNITIES DRAWDOWN (AGGREGATOR) LP, pursuant to an authorization and designation letter dated February 9, 2021, which was previously filed with the Commission as an exhibit to a Form 13G filed by Mr. Halvorsen on February 12, 2021 (SEC File No. 005-49737).
Exhibit Information

EXHIBIT A - JOINT FILING AGREEMENT